FL ARCHIVED September 2017 | Page 56

Market Action Report September 2017
Community Information | School District
Market Action Report September 2017

City : Englewood

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
$ 281,150
-5%
-1%
Average List Price of all Current Listings
$ 498,855
-1%
-6%
September Median Sales Price
$ 236,500
15 %
3 %
4 %
11 %
$ 220,000
4 %
3 %
September Average Sales Price
$ 253,024
-18% -16%
-3%
-3%
$ 285,367
9 %
10 %
Total Properties Currently for Sale ( Inventory )
326
-2%
5 %
September Number of Properties Sold
51 -39%
-33%
728
-2%
September Average Days on Market ( Solds )
95
16 %
12 %
19 %
25 %
79
5 %
4 %
Asking Price per Square Foot ( based on New Listings )
$ 175
-5%
-5%
-7%
-9%
$ 190
-1%
-2%
September Sold Price per Square Foot
$ 166
0 %
-3%
9 %
5 %
$ 165
4 %
4 %
September Month ' s Supply of Inventory
6.4
60 %
33 %
57 %
37 %
4.8
3 %
3 %
September Sale Price vs List Price Ratio
93.2 %
. 9 %
. 9 %
-. 1 %
-. 3 %
92.9 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
September Property sales were 51 , down 32.9 % from 76 in
September of 2016 and 38.6 % lower than the 83 sales last
120
Property month . September Sales 2017 sales were at their lowest level
September compared Property to September sales were of 2016 51 , down and 2015 32.9 .% September from 76 in YTD
140
100
September sales of 728 of 2016 are running and 38.62.4 % % lower behind than last the year 83 sales ' s year-to-date last
120 month sales . of September 746 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD
100 sales of 728 are running 2.4 % behind last year ' s year-to-date sales of 746 .
80
80
60
40
60
20
40

Englewood

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
20
0
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
0
14
15
16
17
Prices
The Median Sales Price in September was $ 236,500 , up 3.6 %
Prices from $ 228,200 in September of 2016 and up 15.4 % from
The
$ 205,000 Median last Sales month Price . in The September Average was Sales $ 236,500 Price in , up September 3.6 %
350 from was $ 228,200 253,024 in , down September 3.4 % from of 2016 $ 262,013 and up in 15.4 September % from of 2016
330
$ and 205,000 down last 18.4 month % from . The $ 310,064 Average last Sales month Price . in September 2017 was $ 253,024 , down 3.4 % from $ 262,013 in
310
ASP was at the lowest level compared to September of 2016 and and down 18.4 % from $ 310,064 last month . September 2017
290
2015 .
ASP was at the lowest level compared to September of 2016 and
270
2015 .
250
230
210
190
170
150
O
N D
J
F M A M J
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
J
A S
14
15
16
17
3 Mo Avg
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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
14
15
16
17
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
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
September Total Inventory was 326 of , down Properties 1.8 % available from 332 for last sale month as of and up
September
5.2 % from was 310326 in , September down 1.8 % of from last 332 year last . September month and 2017 up
600
5.2
Inventory % from 310 was in at September its highest of level last year compared . September with September 2017 of
500
Inventory
2016 and was 2015 at . its highest level compared with September of
2016 and 2015 .
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
200 higher MSI is better for buyers . The September 2017 MSI of 6.4 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 6.4 of
100 months
2016 and was 2015 at its . highest level compared with September of
2016 and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
600
9.0
500
8.0
400
7.0
6.0
300
5.0
200
4.0
3.0
100
2.0
0
1.0
0.0
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 D
J
F M A M J
J
A S
14
15
16
17
14
15
16
17
80 64 105 78 92 124 107 120 96 87 85 89 78 62 85 64 63 97 104 95 96 73 78 76 77 59 79 68 67 89 91 94 101 84 83 51
501 489
80 501 492
64 489 516
105 492 502
78 516 459
92 502 432
124 107 120 96 87 85
Number of Properties Sold
89 78 62 85 64 63 97 104 95
396 459
354 432 318 396
308 354
318 318 352 308 367 318 375 352 403 367 460 375
449
403 403
375 460
341 449
316 403
300 375
310 341 96 73 78 76 77 59 79
330 316
333 300
346 310
382 330
333 426 346
435 393
382 376
68 426
358 67 435
342 89 393
3 Mo Avg
332 91 376 326
94 358
101 342
3 Mo Avg
84
332 83
326 51
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
56 | c o l d w e l l b a n k e r h o m e s . c o m
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 Assoc 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 .