FL ARCHIVED March 2018 | Page 36

Market Action Report March 2018

NEW City : New Port PORT Richey RICHEY

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
$ 1,275,000
2 %
2 %
Average List Price of all Current Listings
$ 1,708,167
-8%
22 %
March Median Sales Price
$ 1,100,000
0 %
10 %
$ 1,100,000
0 %
10 %
March Average Sales Price
$ 1,100,000
0 %
10 %
$ 1,100,000
0 %
10 %
Total Properties Currently for Sale ( Inventory )
6
20 %
-14%
March Number of Properties Sold
1
1
0 %
March Average Days on Market ( Solds )
184
0 %
-25%
184
0 %
-25%
Asking Price per Square Foot ( based on New Listings )
$ 237
0 %
-7% -39% -25%
$ 255
-23%
-20%
March Sold Price per Square Foot
$ 277
0 %
1 %
$ 277
0 %
1 %
March Month ' s Supply of Inventory
6.0
0 %
0 %
0 %
100 %
6.0
0 %
100 %
March Sale Price vs List Price Ratio
81.5 %
. 0 %
-2.6%
81.5 %
0 %
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1 March Property sales were 1 , up from 0 in March of 2017 and higher than the 0 sales last month . March 2018 sales were at
1 their highest level compared to March of 2017 and 2016 . March Property YTD sales of Sales 1 are running ahead of last year ' s year-to-date sales 1 March Property sales were 1 , up from 0 in March of 2017 and 1 of 0 . higher than the 0 sales last month . March 2018 sales were at
1 their highest level compared to March of 2017 and 2016 . March 1 YTD sales of 1 are running ahead of last year ' s year-to-date sales
1 of 0 .
0
Prices The Median Sales Price in March was $ 1,100,000 , up from $ 0 in March of 2017 and up from $ 0 last month . The Average Sales Price in March was $ 1,100,000 , up from $ 0 in March of
Prices 2017 and up from $ 0 last month . March 2018 ASP was at the The highest Median level Sales compared Price in to March was of 2017 $ 1,100,000 and 2016 , up . from $ 0 in March of 2017 and up from $ 0 last month . The Average Sales Price in March was $ 1,100,000 , up from $ 0 in March of 2017 and up from $ 0 last month . March 2018 ASP was at the highest level compared to March of 2017 and 2016 .
1 0
0
0
0
0
1,700 A 0 15 1,600
1,500
1,700 1,400 1,600 1,300 1,500 1,200 1,400
1,100 1,300 1,000 1,200
1,100
0
Number of Properties Sold
M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
16
17
6 6
0
Agent Name
0
Title Phone Website Other 0
5 5 5
0
6 0
5
0 0
F M A M J
J
A
S O N D
J
18
Median Sales Price and Average Sales Price
6 6
4
3
Number of Properties Sold
Median Sales Price and Average Sales Price
4 4 4
3 4
3
2 3 3
6 7 7 7 7
6
5 5
4
3
3 4 4
3 Mo Avg F M
, Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of March was 6 , up 20.0 % from 5 last month and down 14.3 % from 7 in
1,000
8
A
M J
15
J
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
16
17
18
7.0
March of last year . March 2018 Inventory was at a mid level
7
6.0
Inventory compared with & MSI March of 2017 and 2016 .
The Total Inventory of Properties available for sale as of March was 6 , up 20.0 % from 5 last month and down 14.3 % from 7 in
March of last year . March 2018 Inventory was at a mid level compared
A comparatively with March lower of MSI 2017 is and more 2016 beneficial . for sellers while a higher MSI is better for buyers . The March 2018 MSI of 6.0 months was at its highest level compared with March of 2017 and 2016 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The March 2018 MSI of 6.0 months was at its highest level compared with March of 2017
6 8 7
4 6
3 5
2 4
1
0
3
2
1
A
M J
15
J
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
16
17
18
5.0
4.0
7.0
3.0
6.0
2.0
5.0
1.0
4.0
0.0
3.0
2.0
1.0
and 2016 .
0
0.0
A
M J
J
A S O N D
J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15
16
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS
J Naples
A S O N D
J
F M A M J
17 Area Board of REALTORS , REALTORS Association
J
A S O N D
J
F M
18 of the Palm Beaches , Space
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 .
1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0
3 Mo Avg
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
15
16
17
18
6
0
3 Mo Avg
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
15
16
17
18
6
5
5 5
6
5 6 6
4
3 4 4 4
3 4
3
2 3 3
6 7 7 7 7
6
5 5
4
3
3 4 4
5
3 Mo Avg
Coldwell Banker Global Luxury ® | 19
5
5 5
0
6 6
1
0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1