FL ARCHIVED April 2016 | Page 43

Market Action Report City: Punta Gorda April 2016 Punta Gorda Agent Name Title Phone Website Other Community Information | School District Price Range: $1,000,000 and Up | Properties: SFH - Con Days On Market for Sold Properties Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for April was 0, up from 0 days last month and down 100.0% from 75 days in April of last year. The April 2016 DOM was at a mid level compared with April of 2015 and 2014. 3 Mo Avg 350 300 250 200 130 150 100 75 50 0 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 3 Mo Avg 3 Mo Avg Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The April 2016 Selling Price vs Original List Price of 0.0% was up from 0.0% last month and down from 78.4% in April of last year. Avg Selling Price divided by Avg Listing Price for sold properties during the month 120% 100% 86.7% 78.4% 80% 60% 40% 20% 0% 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 / New Listings / Sales Inventory / New Listings / Sales 23 22 21 19 19 18 15 17 15 14 13 16 19 15 21 20 20 14 14 14 16 18 15 19 17 18 12 11 10 13 11 10 16 15 17 20 20 23 25 12 This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in April 2016 was 3, up 50.0% from 2 last month and equal to 3 in April of last year. 5 0 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 Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con 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 Association of REALT 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. c o l dw el l b a n k er h o m es.c o m | 43