FL ARCHIVED April 2017 | Page 147

Market Action Report April 2017 ESCAMBIA COUNTY County: Escambia Agent Name Market Action Report April 2017 Title Phone Agent Website Name Title Other Phone Trending versus*: Month Website LM L3M PYM LY $1,450,000 10% Other 4% Community Information | School District County: Escambia 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 $1,581,604 1% Trending versus*: 8% Trending versus*: $1,475,000 22% PYM 28% 31% $1,212,500 10% 7% Year Month 15% LM L3M LY YTD Prior YTD Prior $1,475,000 15% 6% 12% $1,351,250 2% 2% $1,450,000 4% 9% 10% Total Properties for Sale (Inventory) 63 1% 2% 9% Average List Price Currently of all Current Listings $1,581,604 8% April Median Number Sales of Properties Sold April Price $1,475,000 1 -50% 15% 22% -83% 28% 31% $1,212,500 8 -27% 10% 7% April Average Average Sales Days Price on Market (Solds) 340 115% 55% $1,351,250 180 -55% -18% April $1,475,000 15% 89% 9% -40% 6% 12% 2% 2% Asking Price per Currently Square Foot (based on New Listings) $392 3% $445 27% 17% Total Properties for Sale (Inventory) 63 -15% 2% -12% -8% 9% April Number Sold Price per Square Sold Foot $427 1 -50% 6% 15% -83% 41% 40% $370 8 -27% 23% 21% April of Properties April Average Month's Days Supply Inventory 63.0 103% 89% 25% -40% 552% 55% 85% 41.2 25% 21% April on of Market (Solds) 340 115% 180 -55% -18% April Sale Price List Price 73.8% -15.8% -12% -15.0% 8.2% 86.8% 17% 4% Asking Price per vs Square Foot Ratio (based on New Listings) $392 -15% -8% -11.6% 3% $445 27% 17% * 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 $427 6% 15% 41% 40% $370 23% 21% Number April Month's Supply of Inventory 63.0 103% 25% 552% 85% of Properties 41.2 Sold 25% 21% Property Sales April Sale Price vs List Price Ratio 73.8% -15.8% -15.0% 8.2% -11.6% 86.8% 17% 4% 7 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 / 1, down 83.3% from in April 2016 * LM=Last Month / L3M=Last 3 Months PYM=Same Month Prior Year 6 / LY=Last Year of (2016) / YTD = Year-to-date 6 3 Mo Avg 4 6 3 5 0 1 Median Sales Price and Average Sales Price 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 0 2 2 4 1 3 Prices Number of Properties Sold 5 7 and 50.0% lower than the 2 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 8 are running 27.3% behind last year's year-to- Property Sales date Property sales of 11. April sales were 1, down 83.3% from 6 in April of 2016 and 50.0% lower than the 2 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 8 are running 27.3% behind last year's year-to- date sales of 11. 3 Mo Avg The Median Sales Price in April was $1,475,000, up 28.3% from 0 2,000 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 $1,150,000 in April of 2016 and up 15.2% from $1,280,000 last 1,900 14 15 16 17 month. The Average Sales Price in April was $1,475,000, up 1,800 5.9% from $1,392,500 in April of 2016 and up 15.2% from Median Sales Price and Average Sales Price Prices 3 Mo Avg 1,700 $1,280,000 last month. April 2017 ASP was at the highest level The Median Sales Price in April was $1,475,000, up 28.3% from 2,000 1,600 compared to April of 2016 and 2015. $1,150,000 in April of 2016 and up 15.2% from $1,280,000 last 1,900 1,500 month. The Average Sales Price in April was $1,475,000, up 1,800 1,400 5.9% from $1,392,500 in April of 2016 and up 15.2% from 1,300 $1,280,000 last month. April 2017 ASP was at the highest level 1,700 1,200 1,600 compared to April of 2016 and 2015. 1,100 1,500 1,000 1,400 1,300 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 16 17 1,200 14 1,100 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI 1,000 The Total Inventory of Properties available for sale as of 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 90 80.0 was 63, up 1.6% from 62 last month and up 8.6% from 58 in 14 15 16 17 80 70.0 April of last year. April 2017 Inventory was at its highest level 70 compared with April of 2016 and 2015. 60.0 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI 60 50.0 The Total Inventory of Properties available for sale as of April 50 80.0 90 40.0 was 63, up 1.6% from 62 last month and up 8.6% from 58 in 40 80 70.0 30.0 April of last year. April 2017 Inventory was at its highest level 30 A comparatively lower MSI is more beneficial for sellers while a 70 compared with April of 2016 and 2015. 60.0 20.0 20 higher MSI is better for buyers. The April 2017 MSI of 63.0 60 50.0 10.0 10 months was at its highest level compared with April of 2016 and 50 40.0 0 0.0 2015. 40 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 30.0 A comparatively lower MSI is more beneficial for sellers while a 30 14 15 16 17 20.0 20 higher MSI is better for buyers. The April 2017 MSI of 63.0 10.0 months was at its highest level compared with April of 2016 and 10 0 0.0 2015. 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 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 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 | 147 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.