FL ARCHIVED July 2017 | Page 183

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

County : Bay

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
$ 354,900
-1%
11 %
Average List Price of all Current Listings
$ 556,481
2 %
18 %
July Median Sales Price
$ 294,000
11 %
11 %
23 %
15 %
$ 264,500
4 %
3 %
July Average Sales Price
$ 359,689
3 %
4 %
2 %
13 %
$ 328,373
4 %
3 %
Total Properties Currently for Sale ( Inventory )
255
-5%
-38%
July Number of Properties Sold
39 -20%
26 %
329
41 %
July Average Days on Market ( Solds )
177
26 %
20 %
38 %
29 %
148
1 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 256
-3%
-2%
1 %
10 %
$ 253
11 %
9 %
July Sold Price per Square Foot
$ 234
5 %
2 %
7 %
10 %
$ 226
8 %
7 %
July Month ' s Supply of Inventory
6.5
20 %
14 % -51% -45%
6.5
-50%
-46%
July Sale Price vs List Price Ratio
93.3 % -1.7% -1.3% -1.9% -1.0%
94.6 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales July Property sales were 39 , up 25.8 % from 31 in July of 2016
and 20.4 % lower than the 49 sales last month . July 2017 sales Property were at their Sales highest level compared to July of 2016 and 2015 . 60
July July Property YTD sales sales of were 329 are 39 , running up 25.8 % 41.2 from % 31 ahead in July of last of 2016 year ' s and year-to-date 20.4 % lower sales than of the 23349 . sales last month . July 2017 sales
50 were at their highest level compared to July of 2016 and 2015 . July YTD sales of 329 are running 41.2 % ahead of last year ' s
40 year-to-date sales of 233 .

Bay County

Agent Name
Title Phone Website Other

Community Information | School District

30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
20 10
10
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
J
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in July was $ 294,000 , up 22.5 % from
400
Prices
$ 240,000 in July of 2016 and up 10.9 % from $ 265,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in July Price was $ in 294,000 July was , up $ 359,689 22.5 % from , up 2.3 %
380
400
$ from 240,000 $ 351,547 in July in of July 2016 of and 2016 up and 10.9 up % from 3.2 % $ from 265,000 $ 348,700 last last
360
. The Average Sales Price in July was $ 359,689 , up 2.3 %
380 month . July 2017 ASP was at the highest level compared to July
340 from $ 351,547 in July of 2016 and up 3.2 % from $ 348,700 last
360 of 2016 and 2015 .
320 month . July 2017 ASP was at the highest level compared to July
340
300 of 2016 and 2015 .
320
280
300
260
280
240
260
220
240
220
200
200
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
A
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 255 , Inventory down 4.9 of % Properties from 268 last available month for and sale down as of 37.8 July % from was 410255 in , July down of 4.9 last % year from . 268 July last 2017 month Inventory and down was 37.8 at its % lowest from
450
410 level in compared July of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest
400 level compared with July of 2016 and 2015 .
350
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The July 2017 MSI of 6.5 higher MSI is better for buyers . The July 2017 MSI of 6.5
100 months was at its lowest level compared with July of 2016 and months was at its lowest level compared with July of 2016 and
50
2015 .
2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
25.0
350
300
20.0
250
15.0
200
150
10.0
100
50
5.0
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
25.0
20.0
15.0
10.0
5.0
0.0
32 29 24 30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 38 34 33 43 36 31 56 37 38 25 35 33 45 55 53 55 49 39
301
32 29
306
326 301
323 306 24 30 31 14 28 45 36
285 326
316 323
299 285
305 316
341 299 305
374 371 341
39 374
384
389 36 37 29 45 53 42 42 18 38 34 33 43 36 31 56 37
371 395
384 372
389 359
395
362 391
372
398 359
399 362
407 391
420 398
408 399
410 407
389 420
384 408
393 410
370 389 356 384
337 393
334 370 38 289
25
356 276
35
337 283
33
334 268
289 45 255
276 55
283 53
268 55
255 49 39
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 Ass 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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