FL ARCHIVED December 2017 | Page 137

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Community Information | School District
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
$ 1,322,500
2 %
15 %
Average List Price of all Current Listings
$ 1,539,708
2 %
12 %
December Median Sales Price
$ 1,478,750
48 %
23 %
26 %
26 %
$ 1,200,000
2 %
2 %
December Average Sales Price
$ 1,649,875
65 %
7 %
2 %
19 %
$ 1,422,950
3 %
3 %
Total Properties Currently for Sale ( Inventory )
24
4 %
26 %
December Number of Properties Sold
4
300 %
33 %
10
-23%
December Average Days on Market ( Solds )
199 -61% -11% 124 % -10%
242
9 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 150
-58% -54%
0 %
-42%
$ 340
31 %
31 %
December Sold Price per Square Foot
$ 320
26 %
-2%
25 %
24 %
$ 290
12 %
12 %
December Month ' s Supply of Inventory
6.0 -74% -67%
-5%
-47%
19.5
71 %
71 %
December Sale Price vs List Price Ratio
82.8 % -4.8% -5.9%
. 9 %
3.9 %
89.1 %
12 %
12 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales December Property sales were 4 , up 33.3 % from 3 in December of 2016 and 300.0 % higher than the 1 sales last month . December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales of 10 are running 23.1 % behind last year ' s year-to-date sales of 13 .
Prices The Median Sales Price in December was $ 1,478,750 , up 25.9 % from $ 1,175,000 in December of 2016 and up 47.9 % from $ 1,000,000 last month . The Average Sales Price in December was $ 1,649,875 , up 2.1 % from $ 1,616,667 in December of 2016 and up 65.0 % from $ 1,000,000 last month . December 2017 ASP was at the highest level compared to December of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of December was 24 , up 4.3 % from 23 last month and up 26.3 % from 19 in December of last year . December 2017 Inventory was at its highest level compared with December of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 6.0 months was at its lowest level compared with December of 2016 and 2015 .
Number of Properties Sold
5 4 4 3 3 2 2 1 1 0
3 Mo Avg
-1
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 Median Sales Price and Average Sales Price
3 Mo Avg
2,000 1,900 1,800 1,700 1,600 1,500 1,400 1,300 1,200 1,100 1,000
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
30
15
16
17
30.0
25
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20
20.0
30
15
30.0
15.0
25
10
25.0
10.0
20
5
20.0
5.0
15
0
15.0
0.0
10
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
10.0
5
15
16
17
5.0
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
15
16
17
22
22 21 21 21
21 21 21
22 22
19
19 21 21
21 21
17 17
20 20
19 19
20 20
17 17
18 18
17 17
18 18
17
17 16 16
16 16
18
18 20 20
20 20
22 22
19 19
18
18 19 19
19 19
21 21
23
23 22 22
22 22
25 25
27 27
25 25
23 23
3 Mo Avg
24
24
0 0 0 0 1 1 2 2 0 0 0 0 1 0 2 3 0 1 2 1 0 0 0 3 0 0 0 0 0 2 0 1 1 1 1 4
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