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Country Club East Market Summary May 2024

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Mark Boehmig Realtor, GRI, CLHMS (941)807-6936 markboehmig@michaelsaunders.com MarkitSoldFL.com

COUNTRY CLUB EAST MAY 2024 Published: June 2024* Property Types: Single Family Home - All Property Statuses Price Range: $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

May 2024 was a Neutral market! The number of for sale listings was up 200% from one year earlier and the same as the previous month. The number of sold listings decreased 25% year over year and decreased 40% month over month. The number of under contract listings was down 55.6% compared to previous month and down 33.3% compared to previous year. The Months of Inventory based on Closed Sales was 5, up 296% from the previous year. The Average Sold Price per Square Footage was up 8.4% compared to previous month and up 24.6% compared to last year. The Median Sold Price increased by 45.3% from last month. The Average Sold Price also increased by 35.1% from last month. Based on the 6 month trend, the Average Sold Price trend was "Appreciating" and the Median Sold Price trend was "Neutral". The Average Days on Market showed a neutral trend, an increase of 93.9% compared to previous year. The ratio of Sold Price vs. Original List Price was 93%, a decrease of 1.1% compared to previous year.

It was a Neutral Market Property Sales (Sold) May property sales were 6, down 25% from 8 in May of 2023 and 40% lower than the 10 sales last month. Current Inventory (For Sale) Versus last year, the total number of properties available this month was higher by 20 units of 200%. 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 the same as the previous month. Property Under Contract (Pended) There was a decrease of 55.6% in the pended properties in May, with 4 properties versus 9 last month. This month's pended property sales were 33.3% lower than at this time last year. All reports are published June 2024, based on data available at the end of May 2024, except for the today’s stats. All reports presented are based on data supplied by the My Florida Regional MLS DBA Stellar MLS. The My Florida Regional MLS DBA Stellar MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the My Florida Regional MLS DBA Stellar MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


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Country Club East Market Summary May 2024 by Mark Boehmig - Issuu