FL ARCHIVED December 2017 | Page 119

Market Action Report December 2017

VOLUSIA County : Volusia COUNTY

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
$ 1,699,000
7 %
17 %
Average List Price of all Current Listings
$ 2,079,116
0 %
13 %
December Median Sales Price
$ 1,065,000
-30% -30% -45% -23%
$ 1,275,000
-7%
-7%
December Average Sales Price
$ 1,065,000
-30% -36% -45% -28%
$ 1,357,197
-8%
-8%
Total Properties Currently for Sale ( Inventory )
55
2 %
-2%
December Number of Properties Sold
1 -50%
-50%
28
65 %
December Average Days on Market ( Solds )
141
21 %
16 %
60 %
-48%
128
-52%
-52%
Asking Price per Square Foot ( based on New Listings )
$ 358
8 %
-6%
-15% -20%
$ 461
2 %
3 %
December Sold Price per Square Foot
$ 315
-35% -27% -56% -14%
$ 364
-1%
-1%
December Month ' s Supply of Inventory
55.0
104 % 51 %
96 %
65 %
31.6
-5%
-5%
December Sale Price vs List Price Ratio
88.8 %
1.1 % 1.8 % -2.8% 9.7 %
84.6 %
4 %
4 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
7
December Property sales were 1 , down 50.0 % from 2 in December of 2016 and 50.0 % lower than the 2 sales last month . 6 December 2017 sales were at their lowest level compared to Property December of Sales 2016 and 2015 . December YTD sales of 28 are 75 December running 64.7 Property % ahead sales of last were year 1 , down ' s year-to-date 50.0 % from sales 2 in of 17 . December of 2016 and 50.0 % lower than the 2 sales last month . 64 December 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales of 28 are 53 running 64.7 % ahead of last year ' s year-to-date sales of 17 . 42 31 20 1
0 0 1
Agent Name
2
Title Phone Website Other
2 0 2 1 1 0 3 3
Number of Properties Sold
Number of Properties Sold
1 3 0 2 0 4 0 1 1 1 2 2 0 3 3 1 2 4 3 6 1
3 Mo Avg
3 Mo Avg
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
15
16
17
2 2 1
The Median Sales Price in December was $ 1,065,000 , down 44.6 % from $ 1,922,450 in December of 2016 and down 29.5 % from $ 1,511,000 last month . The Average Sales Price in
Prices December was $ 1,065,000 , down 44.6 % from $ 1,922,450 in The December Median of Sales 2016 Price and in down December 29.5 % from was $ 1,065,000 1,511,000 , last down month . 44.6 December % from 2017 $ 1,922,450 ASP was in at December the lowest of level 2016 compared and down to 29.5 % from December $ 1,511,000 of 2016 last and month 2015 . . The Average Sales Price in December was $ 1,065,000 , down 44.6 % from $ 1,922,450 in December of 2016 and down 29.5 % from $ 1,511,000 last month . December 2017 ASP was at the lowest level compared to December of 2016 and 2015 .
0
3 Mo Avg
2,200
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
15
16
17
2,000
Median Sales Price and Average Sales Price
2,200 1,800
2,000 1,600 1,800 1,400
1,600 1,200
1,400 1,000
1,200
3 Mo Avg
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
15
16
17
0 0 1 2 2 0 2 1 1 0 3 3 1 3 0 2 0 4 0 1 1 1 2 2 0 3 3 1 2 4 3 6 1 2 2 1
1,000 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
80 15 16
17 70.0
70 60.0
Inventory & MSI 60
Total Inventory & Month ' s Supply of Inventory ( MSI )
50.0 The Total Inventory of Properties available for sale as of December was 55 , up 1.9 % from 54 last month and down 1.8 % 80 50
40.0 70.0 from 56 in December of last year . December 2017 Inventory 70 40
30.0 60.0 was at a mid level compared with December of 2016 and 2015 . 60 30 50.0 50 20
20.0 40 10
10.0 40.0
0 30.0
30 A comparatively lower MSI is more beneficial for sellers while a 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
20 20.0 higher MSI is better for buyers . The December 2017 MSI of 15
16 17
10.0
55.0 months was at its highest level compared with December of 10 2016 and 2015 .
0 0.0
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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17
50 50
49 49 49 49
49 49 49 49 59 57
59
57 49 47
49
47 44 43 41 41 43
44 43 41 41 43
48 48
54
54 51 50 51
51 50 51
46
46 51 53 53
51 53 53
56 56
53
53 59 59 59
59 59 59
62 62
67 67
71 71
66 66
58
58 54 54 55
54 54 55
Coldwell Banker Global Luxury SM | 119