FL ARCHIVED April 2017 | Page 113

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