FL ARCHIVED March 2018 | Page 52

CLEARWATER BEACH

Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for March was 40 , down 66.9 % from 121 days last month and down 88.2 % from 340 days in March of last year . The March 2018 DOM was at its lowest level compared with March of 2017 and 2016 .
600
500
400
300
200
Days On Market for Sold Properties
340
3 Mo Avg
100
88 40
0
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Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The March 2018 Selling Price per Square Foot of $ 486 was down 2.3 % from $ 498 last month and down 16.7 % from 583 in March of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The March 2018 Selling Price vs Original List Price of 94.4 % was up from 90.3 % last month and up from 84.2 % in March of last year .
750
700
650
Selling Price per Square Foot
3 Mo Avg
750
600
582
583
700
550
650
500
600
450
582
583
486
550
400
500
350
486
450
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400
15
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350
3 Mo Avg
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M J
120 %
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S
OAvg N Selling D
J Price F Mdivided A Mby JAvg
J Listing
A S Price O Nfor Dsold Jproperties
F M Aduring M Jthe Jmonth
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S O N D
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F M
16
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100 %
120 80 %
100 60 %
80 40 %
60 20 %
93.4 %
Selling Price versus Listing Price Ratio
84.2 % Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.4 % 84.2 %
3 Mo Avg
94.4 % 3 Mo Avg
94.4 %
400 % 20 %
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18
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in March 2018 was 9 , down 30.8 % from 13 last month and equal to 9 in March of last year .
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
0 %
100
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F M A M J
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90
15
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80
Inventory / New Listings / Sales
100
70 90
60 80
50 70
40 60
30 50
20 40
10
0
30
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60
60 55 55
61
54 49 52 56
62 57 58 60 64 67 67 72 71 77 78 78 77
20 10 0
ORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect F all Mrelevant real estate ac
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55 55
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54 49 52 56
62 57
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16
58 60 64 67 67 72 71 77 78 78 77
82 82
F M A M J
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S O N D
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17
85 85
82 82
93
93 90 88
90 88
79
79 72 73 75
72 73 75 85 85
85 85
80 80
F M A M J
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