FL ARCHIVED October 2016 | Page 44

Market Action Report October 2016
Community Information | School District
Market Action Report October 2016

County : Charlotte

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 259,900
1 %
4 %
Average List Price of all Current Listings
$ 338,794
2 %
5 %
October Median Sales Price
$ 198,800
6 %
7 %
18 %
20 %
$ 183,000
12 %
11 %
October Average Sales Price
$ 227,311
6 %
5 %
16 %
15 %
$ 213,871
9 %
8 %
Total Properties Currently for Sale ( Inventory )
1,971
8 %
16 %
October Number of Properties Sold
385 -10%
-13%
4,401
-5%
October Average Days on Market ( Solds )
82
-4%
4 %
15 %
0 %
76
-10%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 146
-4%
4 %
8 %
14 %
$ 139
11 %
9 %
October Sold Price per Square Foot
$ 126
1 %
2 %
14 %
14 %
$ 122
11 %
10 %
October Month ' s Supply of Inventory
5.1
20 %
15 %
33 %
16 %
4.7
8 %
6 %
October Sale Price vs List Price Ratio
94.4 %
. 9 %
. 6 %
. 5 %
1.0 %
94.0 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
700
October Property sales were 385 , down 12.7 % from 441 in
October of 2015 and 9.6 % lower than the 426 sales last month .
600
Property
October 2016 Sales sales were at their lowest level compared to
700
October Property of 2015 sales and 2014 were . 385 October , down YTD 12.7 % sales from of 441 4,401 in are
500
October running of 4.9 2015 % behind and 9.6 % last lower year than ' s year-to-date the 426 sales sales last of month 4,628 . .
October 2016 sales were at their lowest level compared to
600
400
October of 2015 and 2014 . October YTD sales of 4,401 are
500
running 4.9 % behind last year ' s year-to-date sales of 4,628 .
300
400
200
300
200
100
Prices
The Median Sales Price in October was $ 198,800 , up 17.6 %
Prices from $ 169,000 in October of 2015 and up 5.9 % from $ 187,750
240
The last Median month Sales . The Price Average in October Sales Price was $ in 198,800 October , up was 17.6 $ % 227,311 , from up 16.3 $ 169,000 % from in $ October 195,438 of in 2015 October and of up 2015 5.9 % and from up $ 187,750 6.5 % from
240
220
last
$ 213,508 month . last The month Average . October Sales Price 2016 in October ASP was was at the $ 227,311 highest , level up 16.3 % from $ 195,438 in October of 2015 and up 6.5 % from
220 compared to October of 2015 and 2014 .
$ 213,508 last month . October 2016 ASP was at the highest level
200
200
180
compared to October of 2015 and 2014 .
180
160

Charlotte Agent County

Name
Title Phone Website Other

Community Information | School District

100 0
0
Number of Properties Sold
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
13
14
15
16
J
F M A M J
14
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
15
16
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
289 368 330 345 437 508 473 452 413 374 417 423 329 420 326 416 544 574 521 480 483 402 441 441 331 444 317 380 430 530 508 516 456 453 426 385
N D 13
160 140
140 120
289 368 330 345 437 508
120
100
100
N
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
D
13
J
F
14 M A M J
J
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M A
16 M J
J
A S O
A S O
13
14
15
16
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 1,971 , of up Properties 8.4 % from available 1,818 last for month sale as of and up 16.1 %
3,000
October from 1,698 was 1,971 in October , up 8.4 of % last from year 1,818 . October last month 2016 and Inventory up 16.1 % was
3,000
2,500 from at a 1,698 mid level in October compared of last with year October . of 2016 2015 Inventory and 2014 . was
2,500 at a mid level compared with October of 2015 and 2014 .
2,000
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The October 2016 MSI of 5.1 higher months MSI was is better at its highest for buyers level . The compared October with 2016 October MSI of 5.1
500 of 2015
500
2.0 months and 2014 was
. at its highest level compared with October of 2015
0 and 2014 .
0
0.0
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 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
13
14
15
16
13
14
15
16
4.0
2.0
0.0
2,644 2,704 2,790 2,834 2,695 2,555
473
2,644 2,704 2,790 2,834 2,695 2,555 2,331 2,239
2,051
452 413 374 417
2,001 2,009 2,091 2,151 2,216
Number of Properties Sold
423
2,331
2,239 2,051 2,001 2,009 2,091
329 420 326 416 544
2,151
2,216 2,395 2,327 2,219 2,085
2,395 2,327 2,219 2,085 1,899 1,775
574 521 480 483 402
1,899 1,775 1,707 1,638 1,629
1,707 1,638 1,629 1,698 1,810 1,913 441 441 331
2,110 2,228 2,261 2,104
1,698 1,810 1,913 444 317 380 430 530
1,976 1,899 1,835 1,795 1,818 1,971
3 Mo Avg
508 516
3 Mo Avg
2,110 2,228 2,261 2,104 1,976 1,899 1,835 1,795
456
3 Mo Avg
453
1,818
1,971 426 385
44 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | 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 Asso 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 .