FL ARCHIVED April 2017 | Page 166

Market Action Report April 2017
Community Information | School District
Market Action Report April 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
5 %
19 %
Average List Price of all Current Listings
$ 545,332
4 %
21 %
April Median Sales Price
$ 237,750
1 %
3 %
13 %
8 %
$ 230,000
12 %
5 %
April Average Sales Price
$ 289,670
-0%
3 %
13 %
9 %
$ 281,581
13 %
6 %
Total Properties Currently for Sale ( Inventory )
4,620
-6%
-20%
April Number of Properties Sold
1,590 -16%
-8%
6,120
2 %
April Average Days on Market ( Solds )
61
-6%
-6%
-6%
-5%
65
-8%
2 %
Asking Price per Square Foot ( based on New Listings )
$ 156
3 %
3 %
11 %
11 %
$ 151
9 %
8 %
April Sold Price per Square Foot
$ 138
1 %
3 %
11 %
10 %
$ 134
12 %
6 %
April Month ' s Supply of Inventory
2.9
12 %
-4% -13% -18%
3.2
-19%
-9%
April Sale Price vs List Price Ratio
96.2 %
. 4 %
. 5 %
. 4 %
. 7 %
95.7 %
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 April Property sales were 1,590 , down 7.8 % from 1,725 in April
of 2016 and 16.1 % lower than the 1,894 sales last month . April Property 2017 sales Sales were at their lowest level compared to April of 20162,5002,000
April and Property 2015 . April sales YTD were sales 1,590 of , 6,120 down 7.8 are % running from 1,725 2.4 % in ahead April of of last 2016 year and ' s year-to-date 16.1 % lower than sales the of 1,894 5,978 sales . last month . April 2017 sales were at their lowest level compared to April of 2016 2,0001,500 and 2015 . April YTD sales of 6,120 are running 2.4 % ahead of last year ' s year-to-date sales of 5,978 .
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
1,511 1,586 1,654 1,565 1,547
500 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
0 14 15
16
17 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg
The Median Sales Price in April was $ 237,750 , up 13.2 % from
Prices $ 210,000 in April of 2016 and up 1.2 % from $ 235,000 last 290 Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in April Price was in $ 237,750 April was , up $ 13.2 289,670 % from , up $ 12.9 210,000 % from in April $ 256,483 of 2016 in and April up of 1.2016 % from and $ down 235,000 0.4 last % from 270
290 month $ 290,887 . The last Average month Sales . April Price 2017 in April ASP was $ at 289,670 the highest , up level 12.9 % from $ 256,483 in April of 2016 and down 0.4 % from 270
250 compared to April of 2016 and 2015 . $ 290,887 last month . April 2017 ASP was at the highest level 250 230
compared to April of 2016 and 2015 .
230 210
210 190
190 170
170 150 150
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
14 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 A
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 April Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 4,620 Inventory , down 6.0 of Properties % from 4,917 available last month for sale and as of down April 20.1 % 8,000
6.0 was from 4,620 5,780 , down in April 6.0 % of from last 4,917 year . last April month 2017 and Inventory down 20.1 was % at its 8,0007,000 6.0
5.0 from lowest 5,780 level in compared April of last with year April . of 2017 2016 Inventory and 2015 was . at its 7,0006,000
5.0 lowest level compared with April of 2016 and 2015 .
6,0005,000 4.0
5,000 4.0
4,000 3.0
4,000 3,000
3.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a 2.0
A comparatively lower MSI is more beneficial for sellers while a 2.0 higher MSI is better for buyers . The April 2017 MSI of 2.9 2,000 higher MSI is better for buyers . The April 2017 MSI of 2.9
2,000 months was at its lowest level compared with April of 2016 and 1,000
1.0
1.0 months was at its lowest level compared with April of 2016 and 1,000 2015 .
0 0.0
2015 . 0
0.0 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
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 14
15 16
17 14
15 16
17
1,652 1,281 1,651
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 1,797 1,857 1,699 1,457 1,386 1,671 1,260 1,376 1,894 1,590
7,387 7,500 7,589 7,559 7,543 7,532 7,298 6,936 6,880 6,798 6,853 6,850 6,917 6,963 6,897 6,783 6,670 6,436 6,242 5,913
1,232
7,387 7,500 7,589 7,559 7,543 7,532 7,298 6,936 6,880
1,380 1,759 1,740 1,753 1,987 1,933 1,823 1,691 1,607
6,798 6,853 6,850 6,917 6,963 6,897 6,783 6,670 6,436 6,242 1,382 1,679 1,181 1,342 1,730
5,913 5,857 5,797 5,875 5,780 1,725 1,843 1,933 1,797 1,857 1,699 1,457
5,857 5,797 5,875 5,780 5,873 5,915 5,920 5,764 5,717 5,549 5,354 4,967 4,905 4,871 4,917
1,386
4,620 1,671 1,260
5,873 5,915 5,920 5,764 5,717 5,549 5,354 4,967 4,905 4,871
1,376 1,894
4,917 4,620
1,590
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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 .