FL ARCHIVED December 2017 | Page 147

Market Action Report December 2017
Community Information | School District
Market Action Report December 2017

City : Palm Coast

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
$ 279,000
0 %
3 %
Average List Price of all Current Listings
$ 384,147
-3%
-11%
December Median Sales Price
$ 225,000
10 %
5 %
4 %
18 %
$ 210,000
10 %
10 %
December Average Sales Price
$ 291,289
14 %
12 %
15 %
24 %
$ 257,207
10 %
10 %
Total Properties Currently for Sale ( Inventory )
930
-6%
-4%
December Number of Properties Sold
191
22 %
-3%
2,366
1 %
December Average Days on Market ( Solds )
72
11 %
-3%
-22% -14%
77
-9%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 156
7 %
6 %
19 %
13 %
$ 142
4 %
3 %
December Sold Price per Square Foot
$ 128
-3%
0 %
0 %
8 %
$ 127
8 %
8 %
December Month ' s Supply of Inventory
4.9 -23% -14%
-1%
-14%
5.4
-4%
-4%
December Sale Price vs List Price Ratio
96.8 %
. 2 %
. 1 %
. 9 %
. 4 %
96.5 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
December Property sales were 191 , down 2.6 % from 196 in
December of 2016 and 22.4 % higher than the 156 sales last
Property month . December Sales 2017 sales were at a mid level compared to
300
250
December Property of 2016 sales and were 2015 . 191 December , down 2.6 YTD % from sales 196 of in 2,366 are
December running 0.6 of 2016 % ahead and 22.4 of last % higher year ' s year-to-date than the 156 sales last of 2,351 .
250 month . December 2017 sales were at a mid level compared to
200
December of 2016 and 2015 . December YTD sales of 2,366 are running 0.6 % ahead of last year ' s year-to-date sales of 2,351 .
200
150
150
100

Palm Agent Coast

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 December was $ 225,000 , up 4.0 %
Prices from $ 216,275 in December of 2016 and up 9.8 % from The $ 205,000 Median last Sales month Price . in The December Average was Sales $ 225,000 Price in , up December 4.0 % was
350 from $ 291,289 $ 216,275 , up in 14.6 December % from $ of 254,189 2016 and in up December 9.8 % from of 2016 and up $ 14.4 205,000 % from last $ month 254,689 . The last Average month . Sales December Price in 2017 December ASP was at $ 291,289 , up 14.6 % from $ 254,189 in December of 2016 and up
300 the highest level compared to December of 2016 and 2015 . 14.4 % from $ 254,689 last month . December 2017 ASP was at
the highest level compared to December of 2016 and 2015 . 250
100
50
0
50
0
122 148
300
250
200
122 148 219 225 221 230 238 215 202 200 154 190 120 175 204 184 234 249 222 226 195 186 160 196 131 135 245 226 252 246 227 203 180 174 156 191
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
15
16
17
219 225 221 230 238 215 202 200 154 190 120 175 204 184 234 249 222 226
J F M A M J J A S OMedian N D J FSales M A MPrice J J Aand S OAverage N D J F Sales M A MPrice J J A S O N D
15 16
17 3 Mo Avg
350 Median Sales Price and Average Sales Price
3 Mo Avg
195 186 160 196 131 135 245 226 252 246 227 203 180 174 156 191
200 150
150
100
100
J
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
15
16
17
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
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 930 of , down Properties 6.0 % available from 989 for last sale month as of and down
1,400
December
3.8 % from was 967 930 in , December down 6.0 % of from last 989 year last . December month and 2017 down
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
3.8
Inventory % from 967 was in at December its lowest of level last compared year . December with December 2017 of
1,2001,000
10.0
Inventory
2016 and was 2015 at . its lowest level compared with December of
1,000
2016 and 2015 .
800
8.0
800
600
6.0
A comparatively lower MSI is more beneficial for sellers while a
600
400
A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The December 2017 MSI of 4.9
400 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 4.9
200 of
2016200
2.0 months and 2015 was . at its lowest level compared with December of 2016
0 and 2015 .
0
0.0
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 M J
J A S O N D
15
16
17
15
16
17
8.0
6.0
4.0
2.0
0.0
1,240 1,241 1,200 1,196 1,181 1,187 1,161 1,134 1,127 1,098 1,078 1,032 1,103 1,146 1,176 1,129 1,110 1,074 1,050 1,092 1,061 980 998 967 1,037 1,049 1,029 1,034 1,046 1,070 1,036 1,049 1,022
1,240 1,241 1,200 1,196 1,181 1,187 1,161 1,134 1,127 1,098 1,078 1,032 1,103 1,146 1,176 1,129 1,110 1,074 1,050 1,092 1,061 980 998 967 1,037 1,049 1,029 1,034 1,046 1,070 1,036 1,049 1,022 1,005 989 930
1,005 989 930
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 Assoc 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 .
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