FL ARCHIVED April 2016 | Page 17

Community Information | School District

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Community Information | School District

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
$ 1,575,000
-2%
5 %
Average List Price of all Current Listings
$ 1,956,488
-2%
1 %
April Median Sales Price
$ 1,359,750
7 %
####
-9%
745 %
$ 171,250
14 %
6 %
April Average Sales Price
$ 1,557,275
-7%
####
4 %
598 %
$ 235,730
10 %
6 %
Total Properties Currently for Sale ( Inventory )
483
7 %
20 %
April Number of Properties Sold
35
13 %
30 %
120
25 %
April Average Days on Market ( Solds )
152
21 % #### -14% 120 %
64
-16%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 442
5 %
-2%
-5%
-6%
$ 453
2 %
-3%
April Sold Price per Square Foot
$ 402
-8%
####
-3%
193 %
$ 146
10 %
7 %
April Month ' s Supply of Inventory
13.8
-5%
-5%
-8%
-17%
15.1
-11%
-10%
April Sale Price vs List Price Ratio
87.9 %
#### #### #### -5.9%
94.0 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
40
Property Sales April Property sales were 35 , up 29.6 % from 27 in April of 2015 and 12.9 % higher than the 31 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 120 are running 25.0 % ahead of last year ' s year-to-date sales of 96 .
Prices The Median Sales Price in April was $ 1,359,750 , down 8.7 % from $ 1,490,000 in April of 2015 and up 6.6 % from $ 1,275,000 last month . The Average Sales Price in April was $ 1,557,275 , up 3.8 % from $ 1,499,778 in April of 2015 and down 6.8 % from $ 1,670,893 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
35 30 40 25 35 20
30 15 25 10 20 5 15 0 10
5
22
Number of Properties Sold
22 21 18 19 18 12 12 22 17 10 17 24 28 29 18 22 17 30 16 31 21 20 28 27 31 35 26 17 27 26 19 22 25 29 31 35
0
3 Mo Avg
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
2,20013
14
15
16
2,000
Median Sales Price and Average Sales Price
3 Mo Avg
2,200 1,800
2,000 1,600
1,800 1,400
21 18 19 18 12 12 22 17 10 17 24 28 29 18 22 17 30
3 Mo Avg
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
13
14
15
16
16 31 21 20 28 27 31 35 26 17 27 26 19 22 25 29 31 35
1,600 1,200 1,400
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
13
14
15
16
Inventory & MSI The Total Inventory of Properties available for sale as of April was 483 , up 7.1 % from 451 last month and up 19.9 % from 403 in April of last year . April 2016 Inventory was at its highest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 13.8 months was at its lowest level compared with April of 2015 and 2014 .
1,200 600 500
400 600 300 500 200 400 100 300
0 200
100 0
355 355
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
13
14
15
16
M 13
347 347
338 338
337 337
349 349
Total Inventory & Month ' s Supply of Inventory ( MSI )
359 359
358 358
363 363
373 373
J
J
A S O N D
J
14
380 380
375
375 374 377
374 377
366 366
364 364
378 378
383 383
385 385
398
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
13
14
15
16
398 393 393
397 397
400 400
397 397
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
15
16
403 403
393 393
400 400
395 395
369 369
363 363
424 424
431 431
412 412
421 421
438 438
451 451
F M A 40.0
483
483
35.0 30.0 25.0
20.0 40.0
15.0 35.0
10.0 30.0
5.0 25.0
0.0 20.0 15.0
10.0 5.0 0.0
c o l d w e l l b a n k e r h o m e s . c o m | 17