Market Action Report April 2017
Community Information | School District
Market Action Report April 2017
City : Palm Bay
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 |
$ 195,000 |
0 % |
|
15 % |
|
|
|
|
Average List Price of all Current Listings |
$ 213,506 |
3 % |
|
21 % |
|
|
|
|
April Median Sales Price |
$ 149,950 |
-9% |
-3% |
6 % |
5 % |
$ 155,000 |
15 % |
8 % |
April Average Sales Price |
$ 162,131 |
1 % |
1 % |
8 % |
8 % |
$ 161,129 |
15 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
386 |
-9% |
|
-11% |
|
|
|
|
April Number of Properties Sold |
180 -22% |
-15% |
720 |
-3% |
April Average Days on Market ( Solds ) |
46 |
-8% |
-4% |
10 % |
7 % |
48 |
0 % |
12 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 110 |
1 % |
2 % |
15 % |
11 % |
$ 108 |
15 % |
9 % |
April Sold Price per Square Foot |
$ 104 |
4 % |
4 % |
13 % |
13 % |
$ 100 |
15 % |
9 % |
April Month ' s Supply of Inventory |
2.1 |
17 % |
-7% |
4 % |
-9% |
2.5 |
-2% |
5 % |
April Sale Price vs List Price Ratio |
96.0 % |
. 7 % |
. 5 % -1.1% -. 0 % |
95.5 % |
-0% |
-1% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
300 |
April Property sales were 180 , down 14.7 % from 211 in April of |
2016 and 22.1 % lower than the 231 sales last month . April 2017
Property sales were Sales at their lowest level compared to April of 2016 and
300
|
250 |
April
2015 Property . April YTD sales sales were of 180 720 , down are running 14.7 % from 3.1 % 211 behind April last of year ' s
2016 year-to-date and 22.1 % sales lower of than 743 . the 231 sales last month . April 2017
250 sales were at their lowest level compared to April of 2016 and
|
200 |
2015 . April YTD sales of 720 are running 3.1 % behind last year ' s year-to-date sales of 743 . |
200 |
150 |
|
150 |
100 |
Palm Agent Bay Name Title Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in April was $ 149,950 , up 5.6 % from
Prices $ 142,000 in April of 2016 and down 9.1 % from $ 165,000 last The month Median . The Sales Average Price Sales in April Price was in $ 149,950 April was , up $ 5.6 162,131 % from , up 8.2 % $ from 142,000 $ 149,803 in April in of April 2016 of and 2016 down and 9.1 up % 1.2 from % $ from 165,000 $ 160,166 last last 190
month . . The April Average 2017 Sales ASP was Price at in the April highest was $ level 162,131 compared , up 8.2 % to from $ 149,803 in April of 2016 and up 1.2 % from $ 160,166 last 170 April of 2016 and 2015 . month . April 2017 ASP was at the highest level compared to 150
April of 2016 and 2015 . 130
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 386 , Inventory down 9.0 of % Properties from 424 last available month for and sale down as of 10.9 April % from was 433386 in , April down of 9.0 last % from year . 424 April last 2017 month Inventory and down was 10.9 at % its from lowest 700 433 level in compared April of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest 600 level compared with April of 2016 and 2015 . 500 400 A comparatively lower MSI is more beneficial for sellers while 300 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 2.1 a 200
higher months MSI was is better at its highest for buyers level . The compared April 2017 with MSI April of 2.1 of 2016 and months was at its highest level compared with April of 2016 and
100
2015 . 2015 .
0
100
50
0
110 90 70 50
50
0 |
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
14
|
J |
J |
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
|
3 Mo Avg |
190 |
Median Sales Price and Average Sales Price |
3 Mo Avg |
170 |
|
|
150 |
|
|
130 |
|
|
110 |
|
|
90 |
|
|
70 |
|
|
50 |
|
|
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
14
J
|
A S O N D |
J |
F M
15 A M J
|
J |
A S O N D |
J |
F M
16 A M J
|
J |
A S O N D |
J |
F M A
17
|
14 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|
700 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
5.0 |
600 |
5.0 |
4.0 |
500 |
4.0 |
|
400
300
|
3.0 |
3.0
2.0
|
200 |
2.0 |
|
100 |
1.0 |
1.0 |
0
0.0
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 O N D J
F M A
14
15
16
17
14
15
16
17
|
0.0 |
237 233 204 179 198 195 166 202 127 169 211 239 209 217 216 197 223 183 146 215 152 163 217 211 219 267 188 205 191 178 177 202 157 152 231 180
589 584
237 589 572
233 584 596
204 572 553
179 596 542
198 553 545
195 542
540 563
166 545
509 202 540
463 127
563
169 211 239 209 217 216 197 223 183 146 215
443 509
431 463
431
443 449
431 436
431
420 439
449
449 436
435 420
488 439
449 449
457 435
433 488
415 449
426 457
429 433
442 415
460 426 471
429 497 442
466 460
466 471
452 497
424 466
386 466
152 163 217 211 219 267 188 205 191 178 177 202 157 452
152
424 231
386
180
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 147
Market Action Report
City: Palm Bay
Palm Bay
Agent Name
Market Action Report
City: Palm Bay
April 2017
Title
Phone
Agent
Name
Website
Title Other
April 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$195,000
0%
15%
Other
$213,506 Trending
3% versus*:
21%
Month
LM
L3M
PYM
LY
$149,950 -9% -3% 6%
$195,000
0%
15%
$162,131 1% 1% 8%
$213,506 386
3% -9% 21% -11%
$149,950 180
-9% -22%
-3% 6% -15%
5%
$162,131 1%
1%
8%
8%
46 -8% -4% 10%
386 -9%
-11%
$110 1% 2% 15%
180 -22%
-15%
$104 4% 4% 13%
46 -8% -4% 10% 7%
2.1 17% -7% 4%
$110 1% 2% 15% 11%
96.0% .7% .5% -1.1%
Average List Price of all Current Listings
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List
Price
of
all
Current Listings
April Average Sales Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
$104 4% 4% 13%
2.1 17% -7% 4%
96.0% .7% .5% -1.1%
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
300
April Property sales were 180, down 14.7% from 211 in April of
2016 and 22.1% lower than the 231 sales last month. April 2017 250
Property
sales were Sales
at their lowest level compared to April of 2016 and 300
April
Property
sales sales
were of
180,
14.7% from
211 behind
in April last
of year's
2015.
April YTD
720 down
are running
3.1%
200
2016
and 22.1% sales
lower
year-to-date
of than
743. the 231 sales last month. April 2017 250
Trending versus*:
YTD
Prior YTD 15%
Prior Year
$155,000
5%
8%
$161,129
$155,000
7% $161,129
15%
720
15%
48
$108
720
-3%
$100
48
0%
2.5
$108
15%
95.5%
11%
13%
-9%
-.0%
15% 8%
8%
-3% 8%
0% 8%
15%
15%
12%
-2%
9%
-0% 12%
9%
9%
5%
-1%
13%
$100
15%
9%
-9%
2.5
-2%
5%
Number
of 95.5%
Properties
-.0%
-0% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
Number of Properties Sold
3 Mo Avg
sales were at their lowest level compared to April of 2016 and
150
2015. April YTD sales of 720 are running 3.1% behind last year's
200
year-to-date sales of 743.
Prices
110 90
90 70
70 50
197
216
152
215
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
0
3.0
3.0
4.0
4.0
300
A comparatively lower MSI is more beneficial for sellers while 300
a 200
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 2.1 a 200
100
higher
MSI
is better
for buyers.
April 2017
MSI
of 2.1
months
was
at its highest
level The
compared
with
April
of 2016 and
100
months
0
2015. was at its highest level compared with April of 2016 and
400
5.0
5.0
400
500
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
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
15 A M J J A S O N D J F M 16
M J 14 J A S O N D J F M
A M J J A S O N D J F M A 17
14
15
16
17
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
700
was Total
386, Inventory
down 9.0%
from 424 last
month
The
of Properties
available
for and
sale down
as of 10.9%
April from
433 386,
in April
last from
year. 424
April
Inventory
was
at its from
lowest 700 600
was
down of 9.0%
last 2017
month
and down
10.9%
433
in compared
April of last with
year. April
April
was at its lowest
level
of 2017
2016 Inventory
and 2015.
600 500
2015.
15
130 110
50
level compared with April of 2016 and 2015.
14
The Median Sales Price in April was $149,950, up 5.6% from
Prices
$142,000 in April of 2016 and down 9.1% from $165,000 last
190
The
Median
Sales
Price Sales
in April
was in
$149,950,
up $162,131,
5.6% from
month.
The
Average
Price
April was
up 8.2%
170
$142,000
in April in
of April
2016 of
and
down
9.1%
from $165,000
last last
from $149,803
2016
and
up 1.2%
from $160,166
190
month.
Average
Price at in the
April
was $162,131,
up 8.2% to
month. The
April
2017 Sales
ASP was
highest
level compared
170 150
from
April
of 2016 and up 1.2% from $160,166 last
April $149,803
of 2016 in
and
2015.
month. April 2017 ASP was at the highest level compared to
150 130
April of 2016 and 2015.
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 Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
0
0
50 50
100
100
150
2.0
1.0
0.0
2.0
1.0
0.0
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 O N D J F M A
14
15
16
17
14
15
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
16
17
c o l dw el l b a n k er h o m es . c o m
| 147
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
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