FL ARCHIVED January 2017 | Page 182

Market Action Report January 2017
Community Information | School District
Market Action Report January 2017

City : Winter Springs

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 319,450
23 %
22 %
Average List Price of all Current Listings
$ 325,759
11 %
10 %
January Median Sales Price
$ 262,000
3 %
5 %
18 %
9 %
$ 262,000
18 %
9 %
January Average Sales Price
$ 282,082
5 %
6 %
28 %
9 %
$ 282,082
28 %
9 %
Total Properties Currently for Sale ( Inventory )
98
-8%
-22%
January Number of Properties Sold
43 -37%
34 %
43
34 %
January Average Days on Market ( Solds )
60
20 %
2 %
33 %
22 %
60
33 %
22 %
Asking Price per Square Foot ( based on New Listings )
$ 144
8 %
4 %
17 %
8 %
$ 144
17 %
8 %
January Sold Price per Square Foot
$ 131
-4%
0 %
14 %
3 %
$ 131
14 %
3 %
January Month ' s Supply of Inventory
2.3
46 %
-3% -42%
-6%
2.3
-42%
-6%
January Sale Price vs List Price Ratio
94.0 % -1.7% -. 9 % -. 7 % -1.9%
94.0 %
-1%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Winter Agent Springs

Name
Title Phone Website Other

Community Information | School District

Property Sales
90
January Property sales were 43 , up 34.4 % from 32 in January of
2016 and 36.8 % lower than the 68 sales last month . January
80
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to January of
90
70
January
2016 and Property 2015 . sales January were YTD 43 , up sales 34.4 of % 43 from are 32 running January 34.4 % of
2016 ahead and of 36.8 last % year lower ' s year-to-date than the 68 sales last of 32 month . . January
80
60
2017 sales were at their highest level compared to January of
70
50
2016 and 2015 . January YTD sales of 43 are running 34.4 % ahead of last year ' s year-to-date sales of 32 .
60
40
50
30
40
20
30
10
20
0
10
F
M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
0
14
15
16
17
Prices
The Median Sales Price in January was $ 262,000 , up 17.8 %
F
M A M J
14
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
3 Mo Avg
Prices from $ 222,500 in January of 2016 and up 2.7 % from $ 255,000
The last Median month Sales . The Price Average in January Sales Price was $ in 262,000 January , up was 17.8 $ 282,082 % , from up 28.1 $ 222,500 % from in $ January 220,270 of in 2016 January and up of 2016 2.7 % and from up $ 255,000 5.3 % from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 267,978 month . last The month Average . January Sales Price 2017 in January ASP was was at the $ 282,082 highest , level up 28.1 % from $ 220,270 in January of 2016 and up 5.3 % from
270 compared to January of 2016 and 2015 .
$ 267,978 last month . January 2017 ASP was at the highest level
250
250
230
compared to January of 2016 and 2015 .
230
210
210 190
190 170
39 50 63 81 76 78 70 68 61 51 63 43 64 72 75 77 70 83 60 53 41 52 59 32 43 70 55 67 85 74 76 64 55 43 68 43
170
150
150
F
F
M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
M
14 A M J
J
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
17
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 98 , down of Properties 7.5 % from available 106 last for month sale as and of down
January
21.6 % from was 98 125 , down in January 7.5 % from of last 106 year last . month January and 2017 down Inventory
250
21.6 was % at from its lowest 125 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 .
200 was at its lowest level compared with January of 2016 and 2015 .
150
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
6.0
5.0
4.0
3.0
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 2.3 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 2.3 of 2016
50 months and 2015 was
. at its lowest level compared with January of 2016 and 2015 .
0
100
3.0
2.0
50
1.0
0
0.0
F
M A M J
J
A S O N D J
F M A M J
J
A S O N D J
F M A M J
J
A S O N D J
F
M A J
J
A S O N D J
F M A M J
J
A S O N D J
F M A M J
J
A S O N D J
14
15
16
17
14
15
16
17
2.0
1.0
0.0
209
39 50 63 81 76 78 70 68 61
223
210 209
203 223
217 210
220 203
224 217
221 220
219 224 215 221
190 219
51 215
159 141
63 190
142 43 159
Number of Properties Sold
64 72
159 141 157 142 156 75 77 70 83 60 53
169
159
172 157
160 156
147 169
135 172
127 160
125 147
41 135
136 127
125 154
119 154
148 136 139 154
148 154
146
148 151 139
137 148
119 52 59 32 43 70 55 67 85 74 76 146
106 98
64 151
55 137
3 Mo Avg
43 106
68
98
43
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
182 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .