FL ARCHIVED April 2017 | Page 143

Market Action Report
April 2017
BAY
COUNTY
County: Bay
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,585,000
7%
Other 2%
Community Information | School District
County: Bay
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
YTD
Trending versus*:
Prior YTD Prior Year
$1,844,400 2% Trending versus*:
4%
Trending versus*:
$1,150,000
-8% PYM -12%
$1,250,000
-17%
-5%
Month -8%
LM L3M
LY
YTD
Prior
YTD Prior
Year
$1,351,667 2%
8% -3% 7% -6% $1,396,000
-7%
-3%
$1,585,000
Total Properties
for Sale
(Inventory)
25 2%
9%
-14%
Average
List Price Currently
of all Current
Listings
$1,844,400
4%
April Median
Number Sales
of Prope rties
Sold
April
Price
$1,150,000 3 200%
-8% -8%
-12% $1,250,000 5 150%
-17%
-5%
April Average
Average Sales
Days Price
on Market (Solds)
149 -86%
-17%
349
44%
95%
April
$1,351,667
8% -57%
-3%
-6% $1,396,000
-7%
-3%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$558
0% 16%
$513
14%
7%
Total
Properties
for Sale
(Inventory)
25 10%
9% 9% -14%
April Number
Sold Price
per Square Sold
Foot
$481 3 200%
15% 1%
-6%
$475 5 150%
-16%
-7%
April
of Properties
April Average
Month's Days
Supply
Inventory
8.3 -86%
-64% -57%
-56% 0% -17%
-53%
18.8
63%
7%
April
on of
Market
(Solds)
149
349
44%
95%
April Sale
Price
List Price
89.5%
90.4%
-4%
-0%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$558 -8.4%
10% -1.0%
9% 0% -1.5%
16%
$513
14%
7%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April
Sold Price per Square Foot
$481 15% 1%
-6%
$475
-16%
-7%
Number
April Month's Supply of Inventory
8.3 -64% -56% 0%
-53% of Properties
18.8 Sold
63%
7%
Property
Sales
April
Sale Price
vs List Price Ratio
89.5% -8.4% -1.0%
-1.5%
90.4%
-4%
-0%
5
Average List Price of all Current Listings
April Median
Sales
Price
Market
Profile
& Trends
Overview
April Average
Sales
Price
Median
List Price
of all
Current Listings
3 Mo Avg
April Property
sales
were / 3,
up from
0 in
of 2016
and
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month
Prior April
Year / LY=Last
Year
(2016) / YTD = Year-to-date
200.0% higher than the 1 sales last month. April 2017 sales
were at their highest level compared to April of 2016 and 2015.
April YTD sales
of 5 are running 150.0% ahead of last year's year-
Property
Sales
to-date
sales of sales
2. were 3, up from 0 in April of 2016 and
April
Property
200.0% higher than the 1 sales last month. April 2017 sales
were at their highest level compared to April of 2016 and 2015.
April YTD sales of 5 are running 150.0% ahead of last year's year-
to-date sales of 2.
4
Number of Properties Sold
4
3 Mo Avg
5 3
4 3
4 2
3 2
3 1
1
2
0
Total Inventory & Month's Supply of 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
35.0
14
15
16
17
30.0
25.0
Total Inventory & Month's Supply of 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
14
15
16
17
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The April 2017 MSI of 8.3
months was at its lowest level compared with April of 2016 and
2015.
40
35
30
25
40
20
35
15
30
10
25 5
20 0
15
10
5
0
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
1,000
Inventory & MSI
The Total Inventory of Properties available for sale as of April
was 25, up 8.7% from 23 last month and down 13.8% from 29 in
April of last year. April 2017 Inventory was at a mid level
A comparatively lower MSI is more beneficial for sellers while a
compared with April of 2016 and 2015.
higher MSI is better for buyers. The April 2017 MSI of 8.3
months was at its lowest level compared with April of 2016 and
2015.
Median Sales Price and Average Sales Price
1,200
The Total Inventory of Properties available for sale as of April
was 25, up 8.7% from 23 last month and down 13.8% from 29 in
April of last year. April 2017 Inventory was at a mid level
compared with April of 2016 and 2015.
Median Sales Price and Average Sales Price
3 Mo Avg
0
2,200
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
-1
14
15
16
17
2,000
1,800
2,200
1,600
Average Sales Price in April was $1,351,667, up from $0 in April 2,000
of 2016 and up 8.1% from $1,250,000 last month. April 2017
1,400
ASP was at the highest level compared to April of 2016 and
1,800
2015.
1,200
1,600
1,000
1,400
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
14
15
16
17
Prices
The Median Sales Price in April was $1,150,000, up from $0 in
April of 2016 and down 8.0% from $1,250,000 last month. The
Average Sales Price in April was $1,351,667, up from $0 in April
of 2016 and up 8.1% from $1,250,000 last month. April 2017
Prices
ASP Median
was at the
highest
level
compared
to April of up
2016
and
The
Sales
Price in
April
was $1,150,000,
from
$0 in
2015. of 2016 and down 8.0% from $1,250,000 last month. The
April
2 0
1
-1
2 1
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
0.0
15.0
10.0
5.0
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
15 My Florida Regional MLS, Naples Area Board of 16
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, 14
Miami Association of REALTORS,
REALTORS, REALTORS Association of the Palm 17
Beaches, Space Coast Association of REA
M J J and A Up S | Property
O N Types:
D J SFH
F M
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
- Con A
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.
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury SM | 143
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 Association of REA
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.