FL ARCHIVED April 2018 | Page 46

Market Action Report
City: Punta Gorda Report
PUNTA
Market Action GORDA
April 2018
Agent Name
April 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other -4%
$1,290,000
-14%
City: Punta Gorda
Community
Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
YTD
Trending versus*:
Prior YTD Prior Year
-16%
-12%
-16%
-100%
0%
-9%
-100%
38%
0%
4%
-9%
38%
4%
3
250
200
150
100
3 Mo Avg
3 Mo Avg
2
1
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is
a more normalized indicator on the direction of Property values.
The April 2018 Selling Price per Square Foot of $0 was down
100.0% from $356 last month and down 100.0% from 210 in
April of last year.
500
450
400
350
300
250
1
0 150
210
0
200
Median Sales Price and Average Sales Price
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
15
16
17
18
1
-1
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
15
16
17
18
-1
2,200
Median Sales Price and Average Sales Price
2,000
1,800
2,200
1,600
2,000
1,400
1,800
1,200
1,600
1,000
1,400
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
15
16
17
18
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
120%
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 100%
of a Seller's market. The April 2018 Selling Price vs Original
80%
List Price of 0.0% was down from 92.0% last month and down
from 87.0% in April of last year.
60%
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
87.0%
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
15
16
17
18
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
15
16
17
18
0
5.0
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
15
16
17
18
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
15
20
10
25
30
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
15
16
17
18
20.0
30.0
15.0
25.0
10.0
20.0
5.0
15.0
0.0
10.0
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 2018 was 3, down 62.5% from 8 last month and
down 25.0% from 4 in April of last year.
25.0
Total Inventory & Month's Supply of Inventory (MSI)
25
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
15
16
17
18
30.0
30
Inventory / New Listings / Sales
Inventory / New Listings / Sales
Total Inventory & Month's Supply of Inventory (MSI)
1,000
5
3 Mo Avg
550
2
1
20
30
15
25
10
20
5
15
0
10
33
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
15
16
17
18
2
The Total Inventory of Properties available for sale as of April
was 25, down 7.4% from 27 last month and down 3.8% from 26
in April of last year. April 2018 Inventory was at a mid level
Inventory
& MSI
compared with
April of 2017 and 2016.
The Total Inventory of Properties available for sale as of April
was 25, down 7.4% from 27 last month and down 3.8% from 26
in April of last year. April 2018 Inventory was at a mid level
A comparatively
lower
MSI is
more
beneficial for sellers while a
compared
with April
of 2017
and
2016.
higher MSI is better for buyers. The April 2018 MSI of 0.0
months was at a mid level compared with April of 2017 and
2016.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The April 2018 MSI of 0.0
months was at a mid level compared with April of 2017 and
2016.
3 Mo Avg
0
3
1,200
Inventory & MSI
Title
Phone
Website
Other
50
Number of Properties Sold
The Median Sales Price in April was $0, down 100.0% from
$1,000,000 in April of 2017 and down 100.0% from $1,150,000
last month. The Average Sales Price in April was $0, down
Prices
100.0% from $1,000,000 in April of 2017 and down 100.0%
The
Median
Sales Price
in April April
was 2018
$0, down
from
$1,150,000
last month.
ASP 100.0%
was at a from
mid range
$1,000,000
April of of 2017
2017 and
and
down 100.0% from $1,150,000
compared to in April
2016.
last month. The Average Sales Price in April was $0, down
100.0% from $1,000,000 in April of 2017 and down 100.0%
from $1,150,000 last month. April 2018 ASP was at a mid range
compared to April of 2017 and 2016.
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 33 days in April of last year. The
April 2018 DOM was at a mid level comp