Do you want content like this delivered to your inbox?
Share

Mike's Real Estate Market Update 





Share

Mike's Real Estate Market Update: June 2019 Data

Michael Renick

The Key to our success is You!  We understand that.  The strongest aspect of communications is listening...

The Key to our success is You!  We understand that.  The strongest aspect of communications is listening...

Aug 13 4 minutes read

The latest market data is out and 

we'll break it all down for you!


Watch Mike's Real Estate Market Report to learn how to use this information to formulate your competitive advantage!


And for more great videos like this, check out our YouTube channel!

Sales:  Single Family Homes

June 2019 is a Buyer's market*

Home For Sale in June 2019: 103 units.

Up 1% compared to last month

Up 28.8% compared to last year


Home Closed in June 2019: 6 units.

Down 60% compared to last month

Down 14.3% compared to last year


Home Placed under Contract in June 2019: 4 units.

Down 20% compared to last month

Down 20% compared to last year

Sales:  Condos

June 2019 is a Buyer's market*

Home For Sale in June 2019: 231 units.

Down 4.1% compared to last month

Up 12.1% compared to last year


Home Closed in June 2019: 30 units.

Down 40% compared to last month

Down 36.2% compared to last year


Home Placed under Contract in June 2019: 25 units.

Down 32.4% compared to last month

Down 21.9% compared to last year

Price:  Single Family Homes

June 2019 Average Sold Price per Square Footage is Neutral*

Average Sold Price per Square Footage in June 2019: $445

Down 15.7% compared to last month

Up 5.7% compared to last year

Price:  Condos

June 2019 Average Sold Price per Square Footage is Depreciating*

Average Sold Price per Square Footage in June 2019: $349

Down 21% compared to last month

Down 20.1% compared to last year

Days on Market:  Single Family Homes

June 2019 Average Days on Market trend Remains Steady*

Average Days on Market in June 2019: 241

Up 123.1% compared to last month

Up 270.8% compared to last year


June 2019 Sold/Original List Price Ratio is Falling*

Sold/Original List Price % in June 2019: 80%

Down 11.1% compared to last month

Down 10.1% compared to last year

Condos

June 2019 Average Days on Market trend is Rising*

Average Days on Market in June 2019: 123

Up 21.8% compared to last month

Up 4.2% compared to last year


June 2019 Sold/Original List Price Ratio is Falling*

Sold/Original List Price % in June 2019: 87%

Down 3.3% compared to last month

Down 5.4% compared to last year

Months of Inventory:  Single Family Homes

June 2019 is a Buyer's market*

Months of Inventory based on Closed Sales in June 2019: 17.2

Up 152.9% compared to last month

Up 50.8% compared to last year

Months of Inventory:  Condos

June 2019 is a Buyer's market*

Months of Inventory based on Closed Sales in June 2019: 7.7

Up 60.2% compared to last month

Up 75.3% compared to last year

Please let me know what area you would like me to personally perform a market analysis on for you?

[email protected]

941-400-8735

*********************

To best understand the market, we need to look at the four factors (sales performance, price direction, how much competition, length of time on the market).  When we combine all of these factors for your specific area, you will be fully equipped to negotiate the best deal for you!  Isn't that what it is all about?

All reports are published July 2019, based on data available at the end of June 2019, except for the today 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.

Mike Provides even more Crucial Information for his Buyers and Sellers:


 


 

I would enjoy the opportunity to prepare your personal report:  No Obligation!

Reach out to Mike
We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info