FL ARCHIVED March 2018 | Page 56

Market Action Report March 2018

PALM City : Palm Harbor HARBOR

Market Action Report March 2018
Title
Agent
Phone Name
Community

City : Palm Harbor Information | School

DistrictWebsite
Title
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Other
Phone
Trending versus *:
Market Profile & Trends Overview
Month
WebsiteLM
L3M
PYM
LY
YTD
Trending versus *:
Prior YTD
Prior Year
Price
Median Range : $ 1,000,000 List Price and Up of | Properties all Current : SFH - Con Listings
$ 1,295,000
Other
-6%
-13%
Average List Price of all Current Listings
$ 1,585,770
-5%
Trending
-13 versus % *:
Trending versus *:
March Median Sales Price
$ 1,100,000 -39% -24% -10% -8% 1,295,000
March Average Sales Price $ 1,100,000 -39% -24% -18% -11%
$ 1,585,770
Total Properties Currently for Sale ( Inventory )
25
14 %
25 %
$ 1,100,000
March Number of Properties Sold
1 0 % -67%
March Average Days on Market ( Solds )
$ 1,100,000
199
438 % 69 % 119 % 12 %
Asking Price per Square Foot ( based on New Listings )
$ 362 25 -12% -2%
30 %
11 %
March Sold Price per Square Foot
$
2251
-16 0 %% -9% -67 -5% -13%
March
March Average Month ' s Days Supply on of Market
Inventory ( Solds )
25.0
199
438
14 % 69
6 % 119
275 % 12 78 %
Asking
March Price Sale Price per Square vs List Foot Price ( based Ratio on New Listings )
82.4
$ 362%
-12
-3.3 % -1.7 -2 % -19.5
30 % -9.5
11 %
March
* LM = Last Sold Month / Price L3M = Last per 3 Months Square / PYM = Same Foot Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date $ 225 -16% -9% -5% -13%
$ 1,445,000
$ 1,445,000
$ 1,445,000
2
$ 1,445,000
118
$ 381
$
2462
23.5
118
83.8
$ 381%
$ 246
18 %
8 %
-60% -59%
14 %
-60 14 %
-59 45 % 14 -8%
14 %
20 %
17 %
-33%
17 % -5%
-33
67 %
17 -8% -5%
March Month ' s Supply of Inventory
March
Property Sale Price
Sales vs List Price Ratio
4
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
March Property sales were 1 , down 66.7 % from 3 in March of
25.0
14 %
6 %
275
Number
% 78 % of Properties
23.5 Sold
45 % 82.4 % -3.3% -1.7% -19.5% -9.5% 83.8 % -8%
67 % -8%
2017 and the same as the 1 sales last month . March 2018 sales were at their lowest level compared to March of 2017 and 2016 .
Property
March YTD Sales sales of 2 are running 60.0 % behind last year ' s yearto-date Property sales of sales 5 . were 1 , down 66.7 % from 3 in March of
March
2017 and the same as the 1 sales last month . March 2018 sales
3
43
32
Number of Properties Sold
were at their lowest level compared to March of 2017 and 2016 .
March YTD sales of 2 are running 60.0 % behind last year ' s yearto-date
32
sales of 5 .
21
-1
1
Prices
The Median Sales Price in March was $ 1,100,000 , down 10.2 % from $ 1,225,000 in March of 2017 and down 38.5 % from
$ 1,790,000 last month . The Average Sales Price in March was
0
1,900A
-1
15
1,800
Prices
$ 1,100,000 , down 17.8 % from $ 1,338,410 in March of 2017 and
1,700
The down Median 38.5 % Sales from Price $ 1,790,000 in March last was month $ 1,100,000 . March , down 2018 ASP 10.2 was % from at the $ 1,225,000 lowest level in compared March of to 2017 March and of down 201738.5 and % 2016 from .
$ 1,790,000 last month . The Average Sales Price in March was
$ 1,100,000 , down 17.8 % from $ 1,338,410 in March of 2017 and
1,900
1,600
1,800
1,500
1,700
1,400
down 38.5 % from $ 1,790,000 last month . March 2018 ASP was
1,600
1,300
at the lowest level compared to March of 2017 and 2016 .
1,500
1,200
1,400
1,100
1,300
1,000
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
21 10
1,200 1,100
1 22
2
M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
16
17
21 0 24
Agent Name
1 20
2 22
1 20
2
17 1
18
Median Sales Price and Average Sales Price
F M A M J
J
A
S O N D
J
18
Median Sales Price and Average Sales Price
19
3 Mo Avg F M
, Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of March was 25 , up 13.6 % from 22 last month and up 25.0 % from 20 in
1,000
30
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
30.0
March of last year . March 2018 Inventory was at its highest
Inventory level compared & MSI with March of 2017 and 2016 .
25
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
The Total Inventory of Properties available for sale as of March
20
20.0
was 25 , up 13.6 % from 22 last month and up 25.0 % from 20 in
March of last year . March 2018 Inventory was at its highest level
A comparatively compared with lower March MSI of is 2017 more and beneficial 2016 . for sellers while a
30
15
25
10
30.0
15.0
25.0
10.0
higher MSI is better for buyers . The March 2018 MSI of 25.0 months was at its highest level compared with March of 2017 and 2016 .
20
5
15
0
20.0
5.0
15.0
0.0
A comparatively lower MSI is more beneficial for sellers while a
10
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
10.0
higher MSI is better for buyers . The March 2018 MSI of 25.0 months was at its highest level compared with March of 2017
5
15
16
17
18
5.0
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 .
0
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 Association of REA 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 .
20 0
17 0
19 2
18 2
15 0
19 2 20
1 22
1 20
1 19
1 20
2 17
1 20
1 22
1 20
3 16
1 18
3 20
3 0 0
21 21 21
1
23
25 0 0
23 23
0 22
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
22
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
21 24
20 22
20
17 18 19 20
17 19 18
15 19 20
22 20 19 20
17 20
22 20
16
18 20 21 21 21
23
25 23 23 22
3 Mo Avg
Coldwell Banker Global Luxury ® | 29
25
25 1 1
1 2 0 1 2 1 2 1 0 0 0 2 2 0 2 1 1 1 1 2 1 1 1 3 1 3 3 0 0 1 0 0 0 0 1 1