FL ARCHIVED April 2017 - Page 11

Brandon Community Information | School District 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 $234,900 2% 7% Average List Price of all Current Listings $293,061 3% 14% April Median Sales Price $199,999 -4% 1% 12% 9% $199,000 16% 8% April Average Sales Price $221,628 -4% 0% 16% 10% $222,666 17% 11% Total Properties Currently for Sale (Inventory) 179 -6% -17% April Number of Properties Sold 103 -7% 4% 383 7% April Average Days on Market (Solds) 35 -31% -20% -20% -34% 44 -27% -17% Asking Price per Square Foot (based on New Listings) $122 3% 3% 9% 9% $119 10% 6% April Sold Price per Square Foot $111 -6% -3% 7% 4% $114 12% 7% April Month's Supply of Inventory 1.7 1% -6% -20% -27% 2.1 -21% -12% April Sale Price vs List Price Ratio 96.4% .2% -.4% .1% -.0% 96.8% 1% 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales April Property sales were 103, up 4.0% from 99 in April of 2016 and 7.2% lower than the 111 sales last month. April 2017 sales were at a mid level compared to April of 2016 and 2015. April YTD sales of 383 are running 6.7% ahead of last year's year-todate sales of 359. 140 120 100 80 Number of Properties Sold 3 Mo Avg 60 40 Prices The Median Sales Price in April was $199,999, up 11.7% from $179,000 in April of 2016 and down 3.8% from $208,000 last month. The Average Sales Price in April was $221,628, up 15.6% from $191,771 in April of 2016 and down 3.8% from $230,361 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 20 0 240 220 200 180 160 140 120 100 90 92 89 103 91 87 97 108 72 91 105 105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 109 98 87 110 93 75 94 111 103 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 14 15 16 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 14 15 16 17 Inventory & MSI The Total Inventory of Properties available for sale as of April was 179, down 6.3% from 191 last month and down 16.7% from 215 in April of last year. April 2017 Inventory was at its lowest level compared with April of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2017 MSI of 1.7 months was at its lowest level compared with April of 2016 and 2015. 400 350 300 250 200 150 100 50 0 328 328 350 376 380 Total Inventory & Month's Supply of Inventory (MSI) 339 344 347 293 289 289 315 292 281 301 273 269 274 263 266 243 226 228 215 222 216 232 232 236 231 224 212 210 199 191 179 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 14 15 16 17 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 c o l d w e l l b a n k e r h o m e s.c o m | 11 Market Action Report City: Brandon Brandon Agent Name Title Phone Agent Name Website Other Title Market Action Report Price Range: All | Properties: SFH - Con Phone Month Website $234,900 Other LM Trending versus*: L3M PYM LY 2% 7% $293,061 Trending 3% versus*: 14% Month LM -4% L3M PYM LY $199,999 1% 12% $234,900 2% -4% 0% 7% 16% $221,628 $293,061 179 3% -6% 14% -17% $199,999 103 -4% -7% 1% 12% 4% 9% $221,628 -4% 0% 16% 10% 35 -31% -20% -20% 179 -6% $122 3% -17% 3% 9% 103 -7% 4% $111 -6% -3% 7% 35 -31% -20% -20% -34% 1.7 1% -6% -20% $122 3% 3% 9% 9% 96.4% .2% -.4% .1% April Month's Supply of Inventory April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 140 April Property sales were 103, up 4.0% from 99 in April of 2016 and 7.2% lower than the 111 sales last month. April 2017 sales 120 Property Sales were at a mid level compared to April of 2016 and 2015. April 140 April sales are were 103, up 6.7% 4.0% ahead from 99 April of 2016 100 YTD Property sales of 383 running of in last year's year-to- and 7.2% lower than the 111 sales last month. April 2017 sales 120 date sales of 359. 80 were at a mid level compared to April of 2016 and 2015. April 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 14 15 16 17 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 Median Sales Price and Average Sales Price 14 15 16 17 Prices 0 0 20 20 3 Mo Avg 40 40 3 Mo Avg 60 60 -17% 6% 7% -12% 0% Number of Properties Sold 80 100 YTD sales of 383 are running 6.7% ahead of last year's year-to- date sales of 359. 7% 8% 11% -27% 10% 12% -17% -21% 6% 1% $111 -6% -3% 7% 4% $114 12% 7% 1.7 1% -6% -20% -27% 2.1 -21% -12% Number of 96.8% Properties 96.4% .2% -.4% .1% -.0% 1% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Sale Price vs List Price Ratio April Sold Price per Square Foot April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sold Price per Square Foot April Average Days on Market (Solds) April Number of Properties Sold Asking Price per Square Foot (based on New Listings) 16% 383 17% 44 9% $119 383 7% 4% $114 44 -27% -27% 2.1 $119 10% -.0% 96.8% April Average Days on Ma ɭЀM̤)QхAɽѥ́ ɕѱ䁙ȁM%ٕѽ((Ȱ(Д)ɥٕɅḾAɥ)ɥ)M)Aɥ)ɥ5)9յ)Aɽѥ)M()ٕɅ)1ЁAɥ) ɕ)QхAɽѥ) ɕѱ)ȁ1ѥ)M%ٕѽ)Qɕ̨ٕ)AɥȁeQؔ)AɥȁeȀ(䔁eQ(((Ȱ(ܔ(Ĕ)5ɭ)Aɽ(Qɕ)ɥ5)M)Aɥ=ٕ٥)5)1ЁAɥ)Aɥ) ɕЁ1ѥ)ɥٕɅ)M()ٕɅ1ЁAɥ ɕЁ1ѥ)Qɕ̨ٕ)AɥȁeQAɥȁe)eQ)AɥIAɽѥM )5ɭЁAɽQɕ́=ٕ٥)51ЁAɥ ɕЁ1ѥ)Q5ḾAɥɥ݅̀䰁ĸܔɽ)Aɥ(ɥ؁ݸ̸ɽ()Q)5)M)AɥM)ɥ)݅́()İ(ĸܔɽ)Ѡ)Q)ٕɅ)Aɥ)ɥ݅(())ɥ)())ݸ(̸)ɽ()(Ըؔɽİāɥ؁ݸ̸ɽ()Ѡ)Q)ٕɅ)M)Aɥ)ɥ)ٕ()Ѡ)ɥ()M@݅)݅̀İ)Ёѡ((Ըؔ)ɽİ()ݸ̸ɽ)ɕ)Ѽɥ)ɥ(؁)(Ը(āЁѠɥ܁M@݅́ЁѡЁٕ()ɕѼɥ؁Ը)ɥ) չ%ɵѥMɥ) Ʌ)ɥ)5ḾAɥٕɅḾAɥ(́5ٜ(́5ٜ(((()4((L<8(44((L<8(44((L<8(4)4()(L<8(4ԁ4((L<8(4)4((L<8(4(((()Qх%ٕѽ䀘5Ѡ́M䁽%ٕѽ䀡5M$)%ٕѽ䀘5M$(Ը((и(и(̸(̸(ȸ(ȸ(ĸ(ĸ(()Qх%ٕѽ䀘5Ѡ́M䁽%ٕѽ䀡5M$)QQх%ٕѽ)%ٕѽ(5M$Aɽѥ́مȁ́ͅɥ()݅́Qх(䰁%ٕѽ)ݸظ̔(ā)Ѡ))ݸ)Q)ɽ)Aɽѥ)م)ͅ)́ظܔ)ɥɽ)݅)ݸ(ظ̔)Ѐ)Ѡ)ݸ݅(ظܔ)ɽ(Ԁ)ɥ)Ёɽ)啅ȸ)ɥ)%ٕѽ)Ё)ݕЀ(()ɥ)ЁݥѠ)啅ȸɥ)ɥ)%ٕѽ)݅́Ё́ݕ)ٕ)ɕ()Ը)ٕɕݥѠɥ؁Ը(((()Ʌѥٕ䁱ݕȁ5M$́ɔȁ͕́ݡ)())Ʌѥٕ)ݕ)5M$))ɔ)))͕)ݡ))5M$́ѕȁȁ̸Qɥ܁5M$ĸ()ȁ5M$́ѕȁȁ̸Qɥ܁5M$ĸ)ѡ́݅́Ё́ݕЁٕɕݥѠɥ؁)ѡ́݅́Ё́ݕЁٕɕݥѠɥ؁((Ը((и(и(̸(̸(ȸ(ȸ(ĸ(ĸ(()4((L<8(44((L<8(44((L<8(4)4((L<8(44((L<8(44((L<8(4((((Ѐ((() ɥ+ ݕ) )Iͥѥ)хє( ݕ) )Iѽ)AɥI)Aɽ)Q) ɥ+ ݕ) )Iͥѥ)II)хє( ݕ) )UѕUѕ)Iѽ)AɥI)Aɽ)QM ( M )܁ȁ̀))ф)ɽ٥)ѕ)ɕѕ)1Ցɑ)I1Q=IL)I1Q=H)ͽѥ) չ)5ѥ չ)5ͽѥ)I1Q=IL)ɥ51L)I)51L)ɕ) ɐI1Q=IL)I1Q=IL)ѡA)M )ͼ)ф)́)ɽ٥)ѕ)ɕѕ)Ё)1Ցɑ)I1Q=IL)I1Q=H)ͽѥ)5ѥ)5ͽѥ)I1Q=IL)5ɥ5)I)9)ɕ9) ɐ)I1Q=IL)I1Q=ILͽѥ)ͽѥ)ѡA ̰)M ̰) Ёͽѥ)I1P))݅Ʌ)ȁՅɅѕ)Ʌ)ɵѥ)ѡ́ɵѥ)%Ё́ɕͥ)ѡɕͥ)䁽ȁ)ٕɥ)ɵѥ)ѼՍյˊe)ɕхєɅͅѥ))Ё)݅Ʌ)ȁՅɅѕ)ѡѡ)Ʌ)ѡ)%Ё́ѡ)䁉)͕ȁȁѼ͕)ٕɥѼ)))ɵѥ)ɕمЁѼɕم)Սյˊe)ɕхєɅͅѥ