FL ARCHIVED December 2017 | Page 109

Market Action Report December 2017

BREVARD County : Brevard COUNTY

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,450,000
-3%
7 %
Average List Price of all Current Listings
$ 1,826,935
-3%
6 %
December Median Sales Price
$ 1,175,500
12 %
2 %
-10%
-6%
$ 1,190,000
-6%
-5%
December Average Sales Price
$ 1,232,012
-9%
-8%
-13% -10%
$ 1,343,296
-3%
-2%
Total Properties Currently for Sale ( Inventory )
117
-2%
4 %
December Number of Properties Sold
10
233 %
67 %
100
61 %
December Average Days on Market ( Solds )
97 -65% -37% -28% -18%
130
4 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 345
-1%
0 %
-10% -11%
$ 367
-5%
-6%
December Sold Price per Square Foot
$ 309
11 %
2 %
-9%
-7%
$ 332
5 %
0 %
December Month ' s Supply of Inventory
11.7 -71% -43% -38% -43%
17.0
-18%
-18%
December Sale Price vs List Price Ratio
91.0 % 7.1 % 5.7 % -18.2% -1.5%
91.0 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
14
December Property sales were 10 , up 66.7 % from 6 in December
of 2016 and 233.3 % higher than the 3 sales last month .
12
December 2017 sales were at their highest level compared to
Property Sales
December of 2016 and 2015 . December YTD sales of 100 are
December Property sales were 10 , up 66.7 % from 6 in December running 61.3 % ahead of last year ' s year-to-date sales of 62 . of 2016 and 233.3 % higher than the 3 sales last month .
14
10
128
December 2017 sales were at their highest level compared to
December of 2016 and 2015 . December YTD sales of 100 are
106
running 61.3 % ahead of last year ' s year-to-date sales of 62 .
84
Prices 0
The Median Sales Price in December was $ 1,175,500 , down
J 9.6 % from $ 1,300,000 in December of 2016 and up 12.0 % from 15
2,000
$ 1,050,000 last month . The Average Sales Price in December Prices was $ 1,232,012 , down 13.0 % from $ 1,415,833 in December of The Median Sales Price in December was $ 1,175,500 , down 1,800 2016 and down 9.3 % from $ 1,358,333 last month . December 9.6 2017
% from ASP was
$ 1,300,000 at the lowest in December level compared of 2016 to and December up 12.0 % of from
2016 2,000 $ 1,050,000 last month . The Average Sales Price in December 1,600 and 2015 . was $ 1,232,012 , down 13.0 % from $ 1,415,833 in December of
1,800 2016 and down 9.3 % from $ 1,358,333 last month . December
1,400
2017 ASP was at the lowest level compared to December of 2016
1,600 1,200 and 2015 .
62 40 2
1,400 1,000 1,200
3 9
3 9 6 4 4 6 4 4 10
F M A M J
J
A
S O N D
J
16
Number of Properties Sold
Median Sales Price and Average Sales Price
F M A M J
J
A
S O N D
J 17
Median Sales Price and Average Sales Price
5 6 3 6 5 6 3 4 7 5 8 5 2 5 6 7 9 7 6 6 9 8 11 13 11 3 10
3 Mo Avg
F M A M J
J
A
S O N D
1,000 Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI ) 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
The Total Inventory of Properties available for sale as of 15
16 17
December was 117 , down 1.7 % from 119 last month and up 3.5 % 160
60.0 from 113 in December of last year . December 2017 Inventory 140 50.0
Inventory was at its highest & MSI level compared with December of 2016 and 120
Total Inventory & Month ' s Supply of Inventory ( MSI )
The 2015 Total . Inventory of Properties available for sale as of December was 117 , down 1.7 % from 119 last month and up 3.5 %
160 100
40.0 60.0 from 113 in December of last year . December 2017 Inventory 140
80
30.0 50.0 was at its highest level compared with December of 2016 and 120
60 A comparatively lower MSI is more beneficial for sellers while a
20.0
2015 .
100 40
40.0 higher MSI is better for buyers . The December 2017 MSI of 11.7 months was at its lowest level compared with December of 2016 20
10.0 80
30.0 and 2015 . 0
0.0
60 A comparatively lower MSI is more beneficial for sellers while a 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 20.0
40 higher MSI is better for buyers . The December 2017 MSI of 11.7 15
16 17
10.0 months was at its lowest level compared with December of 2016 20 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 15 and Up | Property Types : SFH - Con 16
17 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 REALT
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 .
95 96
6
Agent Name
81 77
Title Phone Website Other
4 4 79
6 72
4
81 4 10
79 73
5 6
72 78
3
Number of Properties Sold
6
J
F M A M J
J
A
S O N D
J
15
16
73 77 75 5 6
88
88 3 4
95
99 7 5
93
87 8 5
96 97
2
110 5 6
113
115 7 9
114 121
7 6
123 129
6 9
135 135
8
130 11
124 116
13
3 Mo Avg
F M A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
17
11
3 Mo Avg
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
95
96
81 77 79 72 81 79 73 72 78 73 77 75 88 88 95 99 93 87 96 97 110 113 115 114 121 123 129 135 135 130 124 116
3 Mo Avg
119 117
119 117
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