FL ARCHIVED November 2016 | Page 35

Market Action Report

November 2016

Osprey

City: Osprey

Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con

Days On Market for Sold Properties
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 November was 195, down 37.1%
from 310 days last month and up from 0 days in November of
last year. The November 2016 DOM was at a mid level compared
with November of 2015 and 2014.

3 Mo Avg

1,000
900
800
700
600
500
400
300

195

200

97

100
0

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Selling Price per Square Foot

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 November 2016 Selling Price per Square Foot of $268 was
down 23.6% from $351 last month and up from 0 in November
of last year.

3 Mo Avg

850
750
650
550
419

450
350

268

250
150
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Selling Price versus Listing Price Ratio

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 November 2016 Selling Price vs
Original List Price of 82.8% was up from 81.8% last month and
up from 0.0% in November of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%

86.2%

82.8%

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Inventory / New Listings / Sales

38
35
30

35
31

35

34

38

39
31

25

25

24

32

33

37
31

39

40
36

38

37

39
34

38

40
35

40

41

44

47
43

38
33

31

50
45
40
35
30
25
20
15
10
5
0

46

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 November 2016 was 7, up 16.7% from 6 last month and down
12.5% from 8 in November of last year.

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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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