Market Action Report May 2018
ENGLEWOOD
City : Englewood
Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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 May was 141 , down 26.2 % from 191 days last month and down 50.7 % from 286 days in May of last year . The May 2018 DOM was at its lowest level compared with May of 2017 and 2016 .
1,200
1,000
800
600
400
Agent Name Title Phone Website Other Days On Market for Sold Properties
286
3 Mo Avg
200 141
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 May 2018 Selling Price per Square Foot of $ 386 was down 45.3 % from $ 706 last month and down 3.1 % from 399 in May 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 May 2018 Selling Price vs Original List Price of 95.8 % was up from 92.1 % last month and up from 88.7 % in May of last year .
0
-200
950 850 750 650 550 450 350 250 150
120 % 100 % 80 % 60 % 40 % 20 %
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M |
15 |
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16 |
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17 |
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18 |
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Selling Price per Square Foot |
3 Mo Avg |
Selling Price versus Listing Price Ratio
399 386
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J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
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F M A M J |
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A S O N D |
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F M A M |
15 |
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16 |
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17 |
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18 |
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Avg Selling Price divided by Avg Listing Price for sold properties during the month
88.7 %
3 Mo Avg
95.8 %
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 May 2018 was 1 , down 66.7 % from 3 last month and down 83.3 % from 6 in May of last year .
0 % 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 A M 15
16 17
18
Inventory / New Listings / Sales
45 40 35 30 25 20 15 10 5 0 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 A M 15
16 17
18
35 35
32 38 38
41
39 41 40
37 35 35
29 28
30 32 33 34 33
35 38
41
36 38
33 31 32 32 33
30 31 31 35 35
31
23
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con 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 REALT 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 .
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