FL ARCHIVED January 2018 | Page 29

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

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 %
14 %
Average List Price of all Current Listings
$ 427,877
2 %
23 %
January Median Sales Price
$ 201,500
-11% -10% -2%
-14%
$ 201,500
-2%
-14%
January Average Sales Price
$ 228,653
-16% -13% -7%
-16%
$ 228,653
-7%
-16%
Total Properties Currently for Sale ( Inventory )
355
-6%
-30%
January Number of Properties Sold
90 -34%
-12%
90
-12%
January Average Days on Market ( Solds )
79
58 %
32 %
4 %
20 %
79
4 %
20 %
Asking Price per Square Foot ( based on New Listings )
$ 164
8 %
3 %
6 %
4 %
$ 164
6 %
4 %
January Sold Price per Square Foot
$ 141
-7%
-4%
5 %
-4%
$ 141
5 %
-3%
January Month ' s Supply of Inventory
3.9
43 %
23 % -21%
34 %
3.9
-21%
34 %
January Sale Price vs List Price Ratio
94.7 %
-. 5 % -. 1 % -. 8 %
-. 5 %
94.7 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
250
January Property sales were 90 , down 11.8 % from 102 in
January of 2017 and 34.3 % lower than the 137 sales last month .
Property
January 2018
Sales sales were at their lowest level compared to
250
January Property sales were 90 , down 11.8 % from 102 in
January of 2017 and 2016 . January YTD sales of 90 are running
January of 2017 and 34.3 % lower than the 137 sales last month .
11.8 % behind last year ' s year-to-date sales of 102 .
January 2018 sales were at their lowest level compared to
200
200
150
January of 2017 and 2016 . January YTD sales of 90 are running
11.8 % behind last year ' s year-to-date sales of 102 .
150
100

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
50
0
0
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
15
16
17
18
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
Median
16 Sales Price and Average
17 Sales Price
18
3 Mo Avg
Median Sales Price and Average Sales Price
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 90
F 15
Prices
The Median Sales Price in January was $ 201,500 , down 1.6 %
Prices from $ 204,875 in January of 2017 and down 11.2 % from
The
$ 227,000 Median last Sales month Price . in The January Average was Sales $ 201,500 Price , down in January 1.6 % was
350 from
$ 228,653 $ 204,875 , down in January 7.5 % from of 2017 $ 247,130 and down in January 11.2 % from of 2017 and
$ 227,000 last month . The Average Sales Price in January was
330 down 15.7 % from $ 271,276 last month . January 2018 ASP was
$ 228,653 , down 7.5 % from $ 247,130 in January of 2017 and
310 at a mid range compared to January of 2017 and 2016 . down 15.7 % from $ 271,276 last month . January 2018 ASP was
290 at a mid range compared to January of 2017 and 2016 .
270
250
350
330
310
290
270
250
230
3 Mo Avg
230
210
210
190
190
170
170
150
150
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
M15 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
J
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 355 , down of Properties 5.8 % from available 377 last for month sale as of and down
January was 355 , down 5.8 % from 377 last month and down
700
30.4 % from 510 in January of last year . January 2018 Inventory
30.4 was % at from its lowest 510 in level January compared of last year with . January 2018 of 2017 Inventory and
2016600 . was at its lowest level compared with January of 2017 and 2016 .
500
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 January 2018 MSI of 3.9
200 higher MSI is better for buyers . The January 2018 MSI of 3.9 months was at its lowest level compared with January of 2017 months was at its lowest level compared with January of 2017
100 and and 2016
2016 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
6.0
600
500
5.0
400
4.0
300
3.0
200
2.0
100
1.0
0
0.0
F M FA M AJ
MJ AJ
SJ
OA NS DO JN FDMJ
A FMM J
AJ
MA JS JO AN SD OJ
NF MD AJ
MF JM JA AM SJ
OJ NAD
SJ O N D J
15
15
16
16
17
17
18
18
6.0
5.0
4.0
3.0
2.0
1.0
0.0
567
117 140 186 188 204 174 167 166 151 127
580
570 567
569 580
566 570
562 569
521 566
505 562
521 521 499 505
478
521
509 499 525 478 548 509 546 525
537
548 536 547
546
564 537
528 536
536 547
545 564
508 528
510 536
160 95 125 164 165 180 210 170 194 154 152 170 159 102 132 197 178 201 203 188 186 139
508 545
508 508
475 510
471 508
487 508 462 475
434 471
424 487
390 462
387 434
377 424
355 390
135 387
134
377 137
355
90
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 Asso 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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