FL ARCHIVED April 2017 | Page 38

Market Action Report April 2017

ENGLEWOOD

City : Englewood

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,924,500
-4%
-4%
Average List Price of all Current Listings
$ 2,174,547
-3%
-3%
April Median Sales Price
$ 1,120,000
-22% -20% -35% -32%
$ 1,405,000
-19%
-15%
April Average Sales Price
$ 1,120,000
-22% -18% -40% -41%
$ 1,368,000
-31%
-28%
Total Properties Currently for Sale ( Inventory )
36 -12%
3 %
April Number of Properties Sold
1 -50%
-67%
5
0 %
April Average Days on Market ( Solds )
92 -76% -57% -25% -32%
215
105 %
58 %
Asking Price per Square Foot ( based on New Listings )
$ 662
-21%
1 %
26 %
6 %
$ 658
4 %
5 %
April Sold Price per Square Foot
$ 341
-4%
-1% -38% -36%
$ 345
-25%
-35%
April Month ' s Supply of Inventory
36.0
76 %
43 % 209 % 38 %
25.2
-16%
-3%
April Sale Price vs List Price Ratio
86.2 %
14.9 % 1.6 %
. 6 %
-2.7%
84.9 %
-5%
-4%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
6
April Property sales were 1 , down 66.7 % from 3 in April of 2016 and 50.0 % lower than the 2 sales last month . April 2017 sales
5 were at their lowest level compared to April of 2016 and 2015 . Property April YTD sales Sales of 5 are running equal to last year ' s year-to-date
64
April sales Property of 5 . sales were 1 , down 66.7 % from 3 in April of 2016 and 50.0 % lower than the 2 sales last month . April 2017 sales
53 were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 5 are running equal to last year ' s year-to-date
42 sales of 5 .
The Median Sales Price in April was $ 1,120,000 , down 35.1 % from $ 1,725,000 in April of 2016 and down 22.2 % from $ 1,440,000 last month . The Average Sales Price in April was
Prices $ 1,120,000 , down 40.3 % from $ 1,875,000 in April of 2016 and The down
Median
22.2 % Sales from Price $ 1,440,000 in April last was month $ 1,120,000
. April , down 2017 ASP
35.1 % was from at the
$ 1,725,000 lowest level in compared April of 2016 to April and of down
2016 22.2 and % 2015 from
.
$ 1,440,000 last month . The Average Sales Price in April was $ 1,120,000 , down 40.3 % from $ 1,875,000 in April of 2016 and down 22.2 % from $ 1,440,000 last month . April 2017 ASP was at the lowest level compared to April of 2016 and 2015 .
31
4
Number of Properties Sold
20
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
1
14
15
16
17
0
Median Sales Price and Average Sales Price
3 Mo Avg 3,000
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
2,800
14
15
16
17
2,600
2,400
Median Sales Price and Average Sales Price
3 Mo Avg
3,000
2,200
2,800
2,000
2,600
1,800
2,400
1,600
2,200
1,400
2,000
1,200
1,800
1,000
1,600
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
1,400
14
15
16
17
1,200
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
70
M
14
J
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A
70.0
17
60
60.0
Inventory & MSI The Total Inventory of Properties available for sale as of April was 36 , down 12.2 % from 41 last month and up 2.9 % from 35 in
April of last year . April 2017 Inventory was at a mid level compared with April of 2016 and 2015 .
50
40
70
30
60
20
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
50.0
40.0
70.0
30.0
60.0
20.0
50.0
10
40
10.0
40.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 36.0 months was at its highest level compared with April of 2016 and 2015 .
0
30
20
10
0
M
J
14
J
A S O N D J
F M A M J
15
J
A S O N D J
F M A M J
16
J
A S O N D J
F M A
17
0.0
30.0
20.0
10.0
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000
M
J Jand AUp S| Property O N Types D J: SFH
F M- ConA 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
58 58
1 54 54
1 53 53
Agent Name
Title Phone Website Other
2 50 50
3 48 48
1 52 52
0 54 54
2 53 53
1 54 54
3 57 57
2 46 46
5 45 45
Number of Properties Sold
5
37 37
2
35 35
35 35
1 31 31
2 37
3 37
37 37
2 40
1 39
1 41
1 40
40 39 41 40
0 37 37
1 35
3 35
35 35
0 29
0 28
2 30
29 28 30
1 32
1
33 0
34 33
0 35
32 33 34 33 35
2 38 38
0 41
41
3 Mo Avg
3 Mo Avg
2 36
36 2 1
4 1 1 2 3 1 0 2 1 3 2 5 5 2 1 2 3 2 1 1 1 0 1 3 0 0 2 1 1 0 0 2 0 2 2 1
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