FL ARCHIVED July 2016 | Page 50

Englewood Community Information | School District

Englewood Community Information | School District

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
$ 1,850,000
4 %
-4%
Average List Price of all Current Listings
$ 2,338,459
3 %
9 %
July Median Sales Price
$ 2,725,000
51 %
-4%
73 %
$ 1,800,000
14 %
14 %
July Average Sales Price
$ 2,725,000
23 %
-4%
45 %
$ 2,189,286
21 %
16 %
Total Properties Currently for Sale ( Inventory )
29
-3%
-17%
July Number of Properties Sold
2
100 %
7
-63%
July Average Days on Market ( Solds )
221
36 %
5 %
11 %
138
-23%
-31%
Asking Price per Square Foot ( based on New Listings )
$ 793
49 %
14 %
31 %
35 %
$ 667
16 %
13 %
July Sold Price per Square Foot
$ 499
14 % -13%
-5%
-18%
$ 501
-20%
-17%
July Month ' s Supply of Inventory
14.5
0 %
0 %
-59% -39%
25.8
9 %
8 %
July Sale Price vs List Price Ratio
84.8 %
-. 6 %
-. 4 % -3.6%
88.1 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 2 , up 100.0 % from 1 in July of 2015 and higher than the 0 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July YTD sales of 7 are running 63.2 % behind last year ' s year-to-date sales of 19 .
6
5
4
Number of Properties Sold
3 Mo Avg
3
2
1
Prices The Median Sales Price in July was $ 2,725,000 , down 4.4 % from $ 2,850,000 in July of 2015 and up from $ 0 last month . The Average Sales Price in July was $ 2,725,000 , down 4.4 % from $ 2,850,000 in July of 2015 and up from $ 0 last month . July 2016 ASP was at a mid range compared to July of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of July was 29 , down 3.3 % from 30 last month and down 17.1 % from 35 in July of last year . July 2016 Inventory was at its lowest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 14.5 months was at its lowest level compared with July of 2015 and 2014 .
0
3 Mo Avg
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
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
3,000 2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
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
70
13
14
15
16
70.0
60
60.0
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
50.0
70
40
40.0
70.0
60
30
30.0
60.0
50
20
20.0
50.0
40
10
10.0
40.0
300
20
A
S O N D
J
F M A M J
13
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
0.0
30.0
20.0
10
10.0
0
0.0
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
13
14
15
16
52 52
49 49
52 52
51 51
55 55
61
61 60 60 59 58
60 60 59 58 54 53
54 53
50 50
48
48 52 54 53 54
52 54 53 54
57
57 46 45
46 45
37
37 35 35
35 35
30
30 36 36
36
36 39 38 40 40 37
39 38 40 40 37 35 35
35
35 30 29
30 29
0 0 3 2 1 0 0 1 0 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
50 | c o l d w e l l b a n k e r h o m e s . c o m