FL ARCHIVED February 2018 | Page 90

Market Action Report February 2018
Community Information | School District
Market Action Report February 2018

City : Punta Gorda 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
$ 324,200
3 %
8 %
Average List Price of all Current Listings
$ 385,824
1 %
3 %
February Median Sales Price
$ 259,275
12 %
6 %
21 %
11 %
$ 245,000
11 %
5 %
February Average Sales Price
$ 291,037
4 %
4 %
13 %
6 %
$ 285,328
9 %
4 %
Total Properties Currently for Sale ( Inventory )
894
-3%
-11%
February Number of Properties Sold
154
16 %
12 %
287
15 %
February Average Days on Market ( Solds )
75 -18% -6% -23% -16%
82
-14%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 172
-4%
-1%
6 %
6 %
$ 176
7 %
8 %
February Sold Price per Square Foot
$ 155
1 %
2 %
7 %
5 %
$ 154
7 %
5 %
February Month ' s Supply of Inventory
5.8 -16%
0 %
-20%
5 %
6.4
-21%
16 %
February Sale Price vs List Price Ratio
94.0 %
-. 9 % -. 6 %
. 9 %
. 3 %
94.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
250
February Property sales were 154 , up 11.6 % from 138 in
February of 2017 and 15.8 % higher than the 133 sales last
Property month . February Sales 2018 sales were at their highest level
250
200
February compared Property to February sales were of 2017 154 , and up 11.6 2016 %. from February 138 in YTD sales of
February
287 are running of 2017 and 14.815.8 % ahead % higher of last than year the ' 133 s year-to-date sales last sales of month . February 2018 sales were at their highest level
200
250 . compared to February of 2017 and 2016 . February YTD sales of
150
287 are running 14.8 % ahead of last year ' s year-to-date sales of
250 .
150
100

Punta Agent Gorda

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
50 0
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
0 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in February was $ 259,275 , up 21.4 %
350
Prices from $ 213,500 in February of 2017 and up 11.5 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 232,500 Median last Sales month Price . in The February Average was Sales $ 259,275 Price , in up February 21.4 % was
330
350 from $ 291,037 $ 213,500 , up in 13.3 February % from of $ 256,773 2017 and in up February 11.5 % from of 2017 and up 310 $ 232,500 last month . The Average Sales Price in February was
330
4.4 % from $ 278,718 last month . February 2018 ASP was at the 290 $ 291,037 , up 13.3 % from $ 256,773 in February of 2017 and up 310 highest level compared to February of 2017 and 2016 .
270
4.4 % from $ 278,718 last month . February 2018 ASP was at the 290 250 highest level compared to February of 2017 and 2016 . 270
230 250
210 230
190 210
170
190 170
150
150 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
15 M J J A S O N D J F M
16 A M J J A S O N D J F M
17 A M J J A S O N D J F
18
15 16
17 18
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 894 , of down Properties 3.1 % from available 923 for last sale month as of and down 1,200
10.0
February 11.0 % from was 1,005 894 , down in February 3.1 % from of last 923 year last month . February and down 2018 1,200 10.0
1,000 8.0
11.0 Inventory % from 1,005 was at in a February mid level of compared last year . with February February 2018 of 2017 1,000 8.0
Inventory and 2016 was . at a mid level compared with February of 2017 800 and 2016 . 800
6.0
600 6.0
600 4.0
A comparatively lower MSI is more beneficial for sellers while a 400
4.0 A comparatively lower MSI is more beneficial for sellers while a 400 higher MSI is better for buyers . The February 2018 MSI of 5.8 higher months MSI was is better at its lowest for buyers level . The compared February with 2018 February MSI of 5.8 200
2.0 of 2017 200
2.0 months and 2016 was . at its lowest level compared with February of 2017
0 0.0 and 2016 . 0
0.0 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
A J F M A M J
F M A M J F
15 16
17 18
210 231 219 177 183 134 156 147 102 197 116 123 149 190 169 166 142 127 139 119 126 99 112 138 223 183 202 180 148 178 114 136 128 177 133 154
877
808
M
15
210 231
877
808 219 177 183 134 156 147
718 675 644 645 628
701
718 675 644 645 628 701 736 749
102
J A S O N D J 16
197
736
749 116 123 149 190 169 166
794 857 863 847 771 768 719
142
794 857 863 847 771 768 719 689 693
760
127
864 909
139
689 693
760
999
1,005 864
J A S O N D J
17
119 126 99 112 138
987 946 886
815
223 183 202
909 999 1,005 987 946 886
815
180 148
740 701 683 745 814 818
178
923 894
740 701 683 745
J A S O N D J
18
114 136
814
818 128 177
923
894 133 154
46 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | 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 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 .