FL ARCHIVED December 2017 | Page 29

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

City : Palm Harbor

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
$ 299,900
0 %
18 %
Average List Price of all Current Listings
$ 415,332
-3%
25 %
December Median Sales Price
$ 227,000
1 %
-2%
-4%
-1%
$ 237,000
3 %
3 %
December Average Sales Price
$ 271,276
2 %
0 %
-1%
5 %
$ 273,570
6 %
6 %
Total Properties Currently for Sale ( Inventory )
353
-7%
-30%
December Number of Properties Sold
137
2 %
-14%
1,932
-0%
December Average Days on Market ( Solds )
50 -15%
-9%
-38% -18%
65
8 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 154
-6%
-4%
6 %
5 %
$ 158
8 %
8 %
December Sold Price per Square Foot
$ 150
3 %
1 %
4 %
11 %
$ 147
8 %
8 %
December Month ' s Supply of Inventory
2.6
-9%
-6%
-19% -25%
2.9
-15%
-15%
December Sale Price vs List Price Ratio
95.2 %
. 5 %
. 2 %
1.6 %
. 4 %
95.2 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250 December Property sales were 137 , down 13.8 % from 159 in December of 2016 and 2.2 % higher than the 134 sales last Property month . December Sales 2017 sales were at their lowest level 250 200 December Property sales were 137 , down 13.8 % from 159 in compared to December of 2016 and 2015 . December YTD sales December of 2016 and 2.2 higher than the 134 sales last of 1,932 are running 0.3 % behind last year ' s year-to-date sales month . December 2017 sales were at their lowest level
200 150 of 1,938 . compared to December of 2016 and 2015 . December YTD sales of 1,932 are running 0.3 % behind last year ' s year-to-date sales 150 100 of 1,938 .

Palm Agent Harbor

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
Prices The Median Sales Price in December was $ 227,000 , down 3.8 %
Prices from $ 236,000 in December of 2016 and up 0.9 % from The $ 225,000 Median last Sales month Price . in The December Average was Sales $ 227,000 Price in , down December 3.8 % was 350 from $ 271,276 $ 236,000 , down in 1.0 December % from of $ 274,032 2016 and in up December 0.9 % from of 2016 and 330 $ up 225,000
2.3 % last from month $ 265,291
. The last Average month Sales
. December Price in December
2017 ASP was was at
$ 271,276 , down 1.0 % from $ 274,032 in December of 2016 and
310 a mid range compared to December of 2016 and 2015 . up 2.3 % from $ 265,291 last month . December 2017 ASP was at 290 a mid range compared to December of 2016 and 2015 .
270 250 230 210 190 170 150
50
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
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
Median
16 Sales Price and Average
17 Sales Price
3 Mo Avg
Median Sales Price and Average Sales Price
94 117 140 186 188 204 174 167 166 151 127 160 95 125 164 165 180 210 170 194 154 152 170 159 102 132 197 178 201 203 188 186 139 135 134 137
J 15
350 330 310 290 270 250 230 210 190 170 150
J
F
15 M A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 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 353 of , down Properties 6.9 % available from 379 for last sale month as of and down
December was 353 , down 6.9 % from 379 last month and down
700
30.4 % from 507 in December of last year . December 2017
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
30.4
Inventory % from was 507 in at December its lowest level of last compared year . December with December 2017 of
600
Inventory
2016 and was 2015 at . its lowest level compared with December of
500
2016 and 2015 .
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 2.6
200 higher MSI is better for buyers . The December 2017 MSI of 2.6 months was at its lowest level compared with December of 2016
100 months was at its lowest level compared with December of 2016 and 2015 . and 2015 .
0
6.0
500
5.0
400
4.0
300
3.0
200
2.0
100
1.0
0
0.0
J
F M
J
F A
M A J
M
J
A
J
S
J
O
A
N
S D
O
J
N
F
D M
J A
F M
M J
A
J
M
A
J S O
J
A N D
S O
J
F
N
M
D
A
J M
F
J
M
J
A
A
M S
J O
J N
A D
S O N D
15
15
16
16
17
17
576
94
J
117 140 186 188 204 174 167 166 151
566
579 576
569 566
568 579
565 569
561 568
520 565
504 561 520 520
498 504
477
520
508 498 524 477 547 508 545 524 536 535
547
546 545
563 536
527 535
535 546
544 563
507 527
127 160 95
F M A M J J A S O N D J
125 164 165 180 210 170 194 154 152 170 159 102
F M A M J J A S O N D J
132 197 178 201 203 188 186
3 Mo Avg
509 535
507 544
507 507
474 509
468 507 484 507
459 474
430 468
420 484
385 459
379 430
353 420
139 135 134 137
F M A M J J A S O N D
385 379 353
7.0 6.0 5.0 4.0
3.0 2.0 1.0 0.0
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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