Market Action Report
April 2017
BREVARD
COUNTY
County: Brevard
Market Action Report
Agent Name
April 2017
Title
Phone
Agent Name
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
$1,500,000
16%
Other 0%
Community Information | School District
County: Brevard
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Listings
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
$1,922,534 3% Trending versus*:
14%
Trending versus*:
Month -30%
LM L3M
PYM -5%
LY
YTD
Prior
YTD Prior
Year
$1,190,000
-1% -26%
$1,200,000
-3%
-4%
$1,500,000
0% -3% 16%
$1,375,607 -18%
-6% 1% $1,424,191
6%
4%
Average
List Price Currently
of all Current
Listings
$1,922,534
14%
Total Properties
for Sale
(Inventory)
128 3%
2%
44%
April
Price
$1,190,000 6 -30%
-3%
-4%
April Median
Number Sales
of Properties
Sold
-14% -1% -26%
100% -5% $1,200,000
28
40%
April
$1,375,607
1% $1,424,191
6%
4%
April Average
Average Sales
Days Price
on Market (Solds)
202 -18%
197% -3%
58% -6%
9% 70%
128 -12%
8%
Total
Properties
for Sale
(Inventory)
128 2%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$404
3% 2% 44%
21% 3%
$397
5%
1%
April
of Properties
28
40%
April Number
Sold Price
per Square Sold
Foot
$304 6 -14%
-14% -17% 100%
14% -8%
$368
23%
11%
April
Average
Days
on
Market
(Solds)
202
197%
58%
9%
70%
128
-12%
8%
April Month's Supply of Inventory
21.3 19% 23% -28% 1%
18.0
-1%
-15%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$404
3%
2%
21%
3%
$397
5%
1%
April Sale Price vs List Price Ratio
96.5% .8% -2.5% 10.8% 4.5%
98.9%
9%
7%
* LM=Last
Month Price
/ L3M=Last
/ PYM=Same
April
Sold
per 3 Months
Square
Foot Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date $304 -14% -17% 14% -8%
$368
23%
11%
April Month's Supply of Inventory
21.3 19% 23% -28%
1% of Properties
18.0 Sold
-1%
-15%
Number
April
Sale Price
vs List Price Ratio
96.5%
.8%
-2.5%
10.8%
4.5%
98.9%
9%
7%
Property
Sales
12
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
April Median
Sales
Price
Median
List Price
of all
Current Listings
April Average
Sales
Price
3 Mo Avg
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month Prior
Year
LY=Last
Year
April Property
sales
were / 6,
up 100.0%
from
3 / in
April
of (2016)
2016 / YTD = Year-to-date
and 14.3% lower than the 7 sales last month. April 2017 sales
were at their highest level compared to April of 2016 and 2015.
Property
Sales
April YTD sales
of 28 are running 40.0% ahead of last year's
April
Property sales
sales of were
year-to-date
20. 6, up 100.0% from 3 in April of 2016
and 14.3% lower than the 7 sales last month. April 2017 sales
were at their highest level compared to April of 2016 and 2015.
April YTD sales of 28 are running 40.0% ahead of last year's
year-to-date sales of 20.
10
Number of Properties Sold
3 Mo Avg
12 8
10 6
8 4
1,800
The Total Inventory of Properties available for sale as of April
was 128, up 2.4% from 125 last month and up 43.8% from 89 in
April of last year. April 2017 Inventory was at its highest level
A comparatively
lower
MSI is and
more
beneficial for sellers while a
compared
with April
of 2016
2015.
higher MSI is better for buyers. The April 2017 MSI of 21.3
months was at a mid 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 21.3
months was at a mid level compared with