FL ARCHIVED November 2017 | Page 178

Market Action Report City: Winter Springs Market Action Report November 2017 Winter Springs Agent Name Title Phone Agent Name Website Title Other November 2017 City: Winter Springs Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $339,900 Other Market Profile & Trends Overview Median List Price of all Current Listings LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD 7% 27% $383,387 Trending 5% versus*: 26% Trending versus*: Month LM -17% L3M -12% PYM -7% LY -8% YTD Prior YTD 7% Prior Year 7% $221,000 $257,000 $339,900 7% -1% -1% 27% 3% $260,529 1% $272,963 7% 6% $383,387 102 5% -6% 26% -27% $221,000 -17% -12% -7% 12% -8% $257,000 7% 48 -14% 695 5% 7% $260,529 -1% -1% 3% 1% $272,963 7% 51 16% 21% 24% 4% 43 -10% 6% -12% 102 $145 -6% -3% -1% -27% 5% 9% $143 8% 8% 48 -14% 12% 695 5% $138 1% 1% 8% 9% $136 8% 7% 51 16% 21% 24% 4% 43 -10% -12% 2.1 10% 2% -35% -13% 2.0 -21% -19% $145 -3% -1% 5% 9% $143 8% 8% 95.6% .3% -.5% -.1% -.3% 96.7% 1% 1% Price Range: All | Properties: SFH - Con Average List Price of all Current Listings Market Profile & Trends Overview November Median Sales Price Median List Price of all Current November Average Sales Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) November Sales Price November Median Number of Properties Sold November Average Sales Price November Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) November Number of Properties Sold November Sold Price per Square Foot November Average Days on Market (Solds) November Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) November Sale Price vs List Price Ratio November Sold Price per Square Foot $138 1% 1% 8% 9% $136 8% 7% 2.1 10% 2% -35% -13% 2.0 -21% -19% of 96.7% Properties 95.6% .3% -.5% -.1% Number -.3% 1% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date November Month's Supply of Inventory November Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 100 43 74 D J F M A M J J A S Median O N D J Sales F M A Price M J J and A S Average O N D J Sales F M A Price M J J A S O N 3 Mo Avg 14 15 16 17 Prices The Median Sales Price in November was $221,000, down 6.8% from $237,000 in November of 2016 and down 16.8% from Prices 290 The Median last Sales Price in The November $221,000, 6.8% was $265,500 month. Average was Sales Price in down November from $237,000 November of 2016 and down 16.8% $260,529, up in 3.3% from $252,285 in November of from 2016 and 290 270 $265,500 last from month. The Average Sales Price in November was was 250 down 1.3% $264,013 last month. November 2017 ASP $260,529, up 3.3% from $252,285 November 2016 and and 2015. 270 at the highest level compared to in November of of 2016 down 1.3% from $264,013 last month. November 2017 ASP was 250 230 at the highest level compared to November of 2016 and 2015. 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 J J A S O N 14 15 16 17 0 0 10 20 20 30 30 40 40 50 50 60 70 60 70 80 10 3 Mo Avg 80 November 2017 sales were at a mid level compared to November of 2016 and 2015. November YTD sales of 695 are running 4.7% ahead of last year's year-to-date sales of 664. Number of Properties Sold 90 November Property sales were 48, up 11.6% from 43 in November of 2016 and 14.3% lower than the 56 sales last month. Property November Sales 2017 sales were at a mid level compared to November 100 November Property were 48, up sales 11.6% of from in running 4.7% of 2016 and 2015. sales November YTD 695 43 are 90 November of 2016 and 14.3% lower than the 56 sales last month. ahead of last year's year-to-date sales of 664. 3 Mo Avg Median Sales Price and Average Sales Price 3 Mo Avg 230 210 210 190 190 170 170 150 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 J J A S O N 14 15 16 17 150 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 J J A S O N 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) and 2015. 0 0 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 50 100 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. November 2017 while MSI a of 2.1 50 higher MSI is better for buyers. November MSI of 2.1 months was at its lowest level The compared with 2017 November of 2016 months was at its lowest level compared with November of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of 200 November was 102, 5.6% available from 108 for last month The Total Inventory of down Properties sale as of and down 200 27.1% from in down November of last year. November 2017 November was 140 102, 5.6% from 108 last month and down 150 Inventory was in at November its lowest of level with November of 27.1% from 140 last compared year. November 2017 150 Inventory at its lowest level compared with November of 2016 and was 2015. 2016 and 2015. 100 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 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 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 J J A S O N 14 15 16 17 14 15 16 17 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REALT 178 | c o l d w e l l b a n k e r h o m e s . c o m does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction.