1 minute read
Mark’s Minute
Mark Boehmig
Realtor,
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GRI, CLHMS
(941)807-6936 markboehmig@michaelsaunders.com
MarkitSoldFL.com
Country Club East
Published: March 2023*
Property Types: All Res. Proptype - All Properties - All Properties - All Property Statuses
Price Range: $0 - No
February 2023 was a Neutral market! The number of for sale listings was up 433.3% from one year earlier and up 77.8% from the previous month. The number of sold listings decreased 57.1% year over year and the same month over month. The number of under contract listings was down 50% compared to previous month and down 66.7% compared to previous year. The Months of Inventory based on Closed Sales was 5.3, up 1,143.3% from the previous year.
The Average Sold Price per Square Footage was up 3.5% compared to previous month and up 36.9% compared to last year. The Median Sold Price increased by 43.6% from last month. The Average Sold Price also increased by 14.4% from last month. Based on the 6 month trend, the Average Sold Price trend was "Appreciating" and the Median Sold Price trend was "Appreciating".
The Average Days on Market showed a upward trend, an increase of 134.8% compared to previous year. The ratio of Sold Price vs. Original List Price was 96%, a decrease of 7.7% compared to previous year.
It was a Neutral Market
Property Sales (Sold)
February property sales were 3, down 57.1% from 7 in February of 2022 and the same as sales last month.
Current Inventory (For Sale)
Versus last year, the total number of properties available this month was higher by 13 units of 433.3%. This year's bigger inventory means that buyers who waited to buy may have bigger selection to choose from. The number of current inventory was up 77.8% compared to the previous month.
Property Under Contract (Pended)
There was a decrease of 50% in the pended properties in February, with 4 properties versus 8 last month. This month's pended property sales were 66.7% lower than at this time last year.
Mark Boehmig
Realtor,
GRI, CLHMS
(941)807-6936 markboehmig@michaelsaunders.com
MarkitSoldFL.com
