FL ARCHIVED July 2017 | Page 137

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

County : Brevard

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
$ 297,345
1 %
19 %
Average List Price of all Current Listings
$ 405,840
1 %
21 %
July Median Sales Price
$ 210,000
1 %
2 %
9 %
17 %
$ 198,000
13 %
10 %
July Average Sales Price
$ 247,619
-0%
1 %
6 %
12 %
$ 241,090
11 %
9 %
Total Properties Currently for Sale ( Inventory )
2,901
1 %
-5%
July Number of Properties Sold
1,052 -17%
-1%
7,283
-1%
July Average Days on Market ( Solds )
42
-2%
-9% -13% -22%
50
-9%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 148
1 %
1 %
12 %
9 %
$ 147
11 %
8 %
July Sold Price per Square Foot
$ 135
0 %
1 %
10 %
13 %
$ 132
13 %
10 %
July Month ' s Supply of Inventory
2.8
22 %
13 %
-4%
-10%
2.9
-9%
-6%
July Sale Price vs List Price Ratio
95.3 %
-. 5 % -. 3 % -. 3 %
. 6 %
95.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
July Property sales were 1,052 , down 1.3 % from 1,066 in July of
2016 and 17.0 % lower than the 1,267 sales last month . July 2017
1,200
Property sales were Sales at their lowest level compared to July of 2016 and
1,400
July
2015 Property . July YTD sales sales were of 1,052 7,283 , down are running 1.3 % from 1.01,066 % behind July last of
1,000
2016 year and ' s year-to-date 17.0 % lower sales than of the 7,358 1,267 . sales last month . July 2017 sales were at their lowest level compared to July of 2016 and
1,200
800
2015 . July YTD sales of 7,283 are running 1.0 % behind last
1,000
year ' s year-to-date sales of 7,358 .
600
800
400
600
400
200
Prices
The Median Sales Price in July was $ 210,000 , up 9.2 % from
Prices
$ 192,250 in July of 2016 and up 1.0 % from $ 208,000 last
240
The month Median . The Sales Average Price Sales in July Price was $ in 210,000 July was , up $ 247,619 9.2 % from , up 6.5 %
$ from 192,250 $ 232,531 in July in of 2016 July of and 2016 up 1.0 and % down from $ 0.4 208,000 % from last $ 248,587
240
220
month last month . The . Average July 2017 Sales ASP Price was in at July the was highest $ 247,619 level , up compared 6.5 % to from $ 232,531 in July of 2016 and down 0.4 % from $ 248,587
220
July of 2016 and 2015 . last month . July 2017 ASP was at the highest level compared to
200
200
180
July of 2016 and 2015 .
180
160

Brevard Agent County

Name
Title Phone Website Other

Community Information | School District

200 0
160 140
140 120
0
1,044 963 1,020
Number of Properties Sold
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
14
15
16
17
J
F M A
Median M J
J
A Sales S O N Price D
J
F and M A MAverage J
J
A S Sales O N DPrice
J
F M A M J
15
16
17
J
Median Sales Price and Average Sales Price
1,044 963 1,020 791 985 763 896 1,152 1,141 1,146 1,208 1,203 1,078 1,071 916 810 1,013 729 841 1,135 1,114 1,190 1,283 1,066 1,126 1,079 889 923 1,012 759 820 1,154 1,009 1,222 1,267 1,052
A S O N D 14
791
120
100
100
A
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
S
14 O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17 M J
J
14
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 July
The was Total 2,901 Inventory , up 1.5 % of from Properties 2,859 available last month for and sale down as of 5.1 July % from
4,000 was
3,058 2,901 in , July up 1.5 of % last from year 2,859 . July last 2017 month Inventory and down was 5.1 at % its from lowest
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
3,058 level in compared July of last with year July . July of 2016 2017 Inventory and 2015 . was at its lowest level compared with July of 2016 and 2015 .
3,5003,000
3,0002,500
2,5002,000
5.0
4.0
2,000
1,500
3.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
A comparatively lower MSI is more beneficial for sellers while a
2.0 higher MSI is better for buyers . The July 2017 MSI of 2.8
1,000 higher MSI is better for buyers . The July 2017 MSI of 2.8
1,000 months was at a mid level compared with July of 2016 and 2015 .
500
1.0 months was at a mid level compared with July of 2016 and 2015 .
500
0
0
0.0
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
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
14
15
16
17
14
15
16
17
J
985 763 896 1,152 1,141
3,697 3,544 3,602 3,625 3,540 3,635 3,553 3,366 3,332
1,146
3,697 3,544 3,602 3,625 3,540 3,635 3,553 3,366 3,332 3,263 3,207 3,157 3,015
1,208
Number of Properties Sold
1,203 1,078 1,071 916 810 1,013 729 841 1,135 1,114
3 Mo Avg
3 Mo Avg
3,003 3,116 3,164 3,165 3,348 3,302 3,210 3,129 3,051 3,176 3,058 2,921 2,867 2,879 2,977 2,932 2,942 2,896 2,869 2,878 2,850 2,859 2,901
1,190 1,283
3,263 3,207 3,157 3,015 3,003 3,116 3,164 3,165 3,348 3,302 3,210 3,129 3,051 3,176 3,058 1,066 1,126 1,079 889 923 1,012 759 820 1,154 1,009
2,921 2,867 2,879 2,977 2,932 2,942 2,896 2,869 2,878 2,850
3 Mo Avg
1,222 1,267
2,859 2,901
1,052
J
3 Mo Avg
J
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 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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