Market Action Report
Charlotte County
County: Charlotte
Agent Name
Market Action Report
County: Charlotte
March 2017
Title
Phone
Agent
Name
Website
Other
Title
March 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$269,700
2%
8%
Other
$345,000 Trending
2% versus*: 6%
Month
LM 8%
L3M 5%
PYM 9%
LY
$200,000
$269,700
2% 8% 6%
8% 13%
$238,678
$345,000 2,257
2% -5%
6% -0%
$200,000 540
8% 38%
5% 9% 26%
8%
$238,678 8%
6%
13%
11%
80 -1% 5% 11%
2,257 -5%
-0%
$148 1% -1% 6%
540 38%
26%
$134 3% 4% 10%
80 -1% 5% 11% 7%
4.2 -32% -28% -21%
$148 1% -1% 6% 5%
94.0% .4% .0% -.3%
Average List Price of all Current Listings
Market
Profile Sales
& Trends
March Median
Price Overview
Median
Price Sales
of all Price
Current Listings
March List
Average
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
March
Sales
Price
March Median
Number
of Properties
Sold
March Average Sales Price
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
March Number of Properties Sold
March Sold Price per Square Foot
March Average Days on Market (Solds)
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
March Sale Price vs List Price Ratio
March Sold Price per Square Foot
Trending versus*:
Prior YTD 9%
Prior Year 3%
8% YTD
$190,750
11%
$227,502
9%
6%
$190,750 1,262
9%
$227,502
9%
7%
77
5%
$150
1,262
12%
9%
$130
77
8%
-14%
5.8
$150
9%
-.1%
93.9%
March Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
12% 3%
8% 6%
9%
8%
3%
-2%
6%
-0%
3%
6%
6%
20%
-0%
$134 3% 4% 10% 9%
$130
8%
6%
4.2 -32% -28% -21% -14%
5.8
-2%
20%
of 93.9%
Properties
94.0% .4% .0% -.3% Number
-.1%
-0% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
March Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
700
March Property sales were 540, up 25.6% from 430 in March of
2016 and 38.5% higher than the 390 sales last month. March
600
Property
2017 sales Sales
were at a mid level compared to March of 2016 and 700
March
sales sales
were of
540,
up 25.6%
from 430
in March
2015. Property
March YTD
1,262
are running
12.0%
ahead of of last 500
2016
and
38.5% higher
than
390 sales last month. March
600
year's
year-to-date
sales
of the
1,127.
400
2017 sales were at a mid level compared to March of 2016 and
Prices
14
The Median Sales Price in March was $200,000, up 9.3% from
Prices
$183,000 in March of 2016 and up 7.8% from $185,500 last
240
The
Median
Sales
Price Sales
in March
was
9.3% from up
month.
The
Average
Price
in $200,000,
March was up
$238,678,
220
$183,000
in
March
of
2016
and
up
7.8%
from
$185,500
last
13.0% from $211,216 in March of 2016 and up 7.7% from
240
month.
The last
Average
Sales
Price 2017
in March
up level
$221,639
month.
March
ASP was
was $238,678,
at the highest
220 200
13.0%
from $211,216
of 2016
and up 7.7% from
compared
to March in of March
2016 and
2015.
$221,639 last month. March 2017 ASP was at the highest level
200 180
15
483
16
Median Sales Price and Average Sales Price
444
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
14
15
16
17
A M J J A S O N D Median
J F M A M Sales
J J A Price
S O N and
D J Average
F M A M Sales
J J A Price
S O N D J F M
3 Mo Avg
0
compared to March of 2016 and 2015.
0
100
100
200
200
300
3 Mo Avg
300
400
500
2015. March YTD sales of 1,262 are running 12.0% ahead of last
year's year-to-date sales of 1,127.
Number of Properties Sold
17
3 Mo Avg
180 160
160 140
140 120
120 100
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
17
100
15 A M J J A S O N D J F M 16
A M 14 J J A S O N D J F M
A M J J A S O N D J F M
14
15
16
17
2,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Inventory & MSI
The Total Inventory
Inventory
&