FL ARCHIVED March 2017 | Page 166

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

County : Orange

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
$ 345,000
8 %
25 %
Average List Price of all Current Listings
$ 543,216
7 %
25 %
March Median Sales Price
$ 235,000
6 %
3 %
12 %
7 %
$ 227,000
13 %
3 %
March Average Sales Price
$ 290,219
10 %
6 %
13 %
10 %
$ 278,419
13 %
5 %
Total Properties Currently for Sale ( Inventory )
4,604
-4%
-22%
March Number of Properties Sold
1,878
37 %
9 %
4,513
6 %
March Average Days on Market ( Solds )
65
-2%
0 %
-2%
2 %
67
-8%
5 %
Asking Price per Square Foot ( based on New Listings )
$ 153
1 %
3 %
11 %
9 %
$ 150
9 %
7 %
March Sold Price per Square Foot
$ 137
6 %
4 %
13 %
8 %
$ 132
11 %
5 %
March Month ' s Supply of Inventory
2.5 -29% -25% -28% -31%
3.3
-23%
-8%
March Sale Price vs List Price Ratio
95.8 %
. 3 %
. 3 %
. 4 %
. 2 %
95.5 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 March Property sales were 1,878 , up 8.6 % from 1,730 in March
of 2016 and 36.6 % higher than the 1,375 sales last month . Property March 2017 Sales sales were at their highest level compared to March 2,5002,000
March of 2016 Property and 2015 sales . March were 1,878 YTD , up sales 8.6 of % 4,513 from 1,730 are running March 6.1 % of ahead 2016 and of last 36.6 year % higher ' s year-to-date than the 1,375 sales sales of 4,253 last . month . March 2017 sales were at their highest level compared to March 2,0001,500 of 2016 and 2015 . March YTD sales of 4,513 are running 6.1 % ahead of last year ' s year-to-date sales of 4,253 .
1,5001,000

Orange Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000 500
500
0
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
0
14
15
16
17
Prices
The Median Sales Price in March was $ 235,000 , up 11.9 % from
A
M J
14
J
A S O N
DMedian
J
F M A Sales M J
J Price
A S O and N D Average
J
F M A MSales J
J
A Price S O N D
J
F M
15
16
17
3 Mo Avg
Prices
$ 210,000 in March of 2016 and up 5.9 % from $ 222,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 235,000 was , up $ 290,219 11.9 % from , up
$
13.5 210,000 % from in March $ 255,806 of 2016 in March and up of 5.9 2016 % from and $ up 222,000 10.0 % last from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 263,880 . The last Average month Sales . March Price in 2017 March ASP was was $ 290,219 at the highest , up level
13.5 % from $ 255,806 in March of 2016 and up 10.0 % from
270 compared to March of 2016 and 2015 .
$ 263,880 last month . March 2017 ASP was at the highest level
250
250
230
compared to March of 2016 and 2015 .
230
210
210 190
190 170
1,414 1,511 1,586 1,654 1,565
1,414 1,511 1,586 1,654 1,565 1,547 1,652 1,281 1,651 1,232 1,380 1,759 1,740 1,753 1,987 1,933 1,823 1,691 1,607 1,382 1,679 1,181 1,342 1,730 1,725 1,843 1,933 1,796 1,857 1,699 1,457 1,386 1,669 1,260 1,375 1,878
170
150
150
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
M
14 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
F M
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 March
The was Total 4,604 Inventory , down 3.6 of % Properties from 4,776 available last month for sale and as down of March 21.6 %
8,000 was from 4,604 5,870 , down in March 3.6 % from of last 4,776 year last . March month 2017 and down Inventory 21.6 % was at
8,0007,000 from its lowest 5,870 level in March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at
7,0006,000 its lowest level compared with March of 2016 and 2015 .
6,0005,000
5,0004,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
6.0
5.0
4.0
3.0
4,000
3,000
3.0
A comparatively lower MSI is more beneficial for sellers while
3,000 a
A comparatively lower MSI is more beneficial for sellers while a
2.0 higher MSI is better for buyers . The March 2017 MSI of 2.5
2,000 higher MSI is better for buyers . The March 2017 MSI of 2.5
2,000 months was at its lowest level compared with March of 2016 and
1,000
1.0 months was at its lowest level compared with March of 2016 and
1,000
2015 .
0
2015 .
0
0.0
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
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
14
15
16
17
14
15
16
17
2.0
1.0
0.0
1,547 1,652 1,281
7,137 7,387 7,500 7,589 7,559 7,543 7,532 7,298 6,936 6,879 6,797 6,852 6,849 6,916 6,961 6,894 6,779 6,666 6,431 6,237 5,908
1,651
7,137 7,387 7,500 7,589 7,559 7,543 7,532 7,298 6,936
1,232 1,380 1,759 1,740 1,753 1,987 1,933 1,823 1,691 1,607
6,879 6,797 6,852 6,849 6,916 6,961 6,894 6,779 6,666 6,431 6,237 1,382 1,679 1,181 1,342
5,908 5,852 5,791 5,870 1,730 1,725 1,843 1,933 1,796 1,857 1,699 1,457
5,852 5,791 5,870 5,775 5,868 5,909 5,913 5,752 5,704 5,533 5,334 4,940 4,865 4,776 4,604 1,386 1,669
5,775 5,868 5,909 5,913 5,752 5,704 5,533 5,334 4,940 4,865
1,260 1,375
4,776 4,604
1,878
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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 .