FL ARCHIVED July 2017 | Page 193

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

City : Pensacola Beach

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
$ 599,000
0 %
15 %
Average List Price of all Current Listings
$ 741,025
-1%
10 %
July Median Sales Price
$ 520,000
18 %
8 %
55 %
21 %
$ 440,000
7 %
2 %
July Average Sales Price
$ 544,158
-11% -8%
18 %
11 %
$ 553,116
14 %
13 %
Total Properties Currently for Sale ( Inventory )
114
0 %
-35%
July Number of Properties Sold
19 -24%
19 %
172
43 %
July Average Days on Market ( Solds )
83 -44% -37% -52% -44%
143
-6%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 341
4 %
-2%
5 %
1 %
$ 347
2 %
3 %
July Sold Price per Square Foot
$ 353
15 %
6 %
33 %
18 %
$ 320
10 %
7 %
July Month ' s Supply of Inventory
6.0
32 %
25 % -45% -35%
5.1
-51%
-45%
July Sale Price vs List Price Ratio
95.0 %
2.4 % 1.2 % 1.6 % 1.8 %
93.7 %
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 19 , up 18.8 % from 16 in July of 2016
and 24.0 % lower than the 25 sales last month . July 2017 sales Property were at a mid Sales level compared to July of 2016 and 2015 . July 35
July YTD Property sales of sales 172 are were running 19 , up 18.8 43.3 % from ahead 16 of in last July year of 2016 ' s year-todate 24.0 sales % lower of 120 than . the 25 sales last month . July 2017 sales 30
and were at a mid level compared to July of 2016 and 2015 . July YTD sales of 172 are running 43.3 % ahead of last year ' s year-todate sales of 120 .
25 20

Pensacola Agent Name Beach Title Phone Website Other

Community Information | School District

15 10
35 30 25 20 15 10 5
Number of Properties Sold
5
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 $ 520,000 , up 54.8 % from
700
Prices
$ 335,917 in July of 2016 and up 18.2 % from $ 440,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in July Price was $ in 520,000 July was , up $ 544,158 54.8 % from , up 17.6 %
650
700
$ from 335,917 $ 462,890 in July of in 2016 July and of 2016 up 18.2 and % down from $ 11.2 440,000 % from last $ 612,701
600 month . The Average Sales Price in July was $ 544,158 , up 17.6 %
650 last month . July 2017 ASP was at the highest level compared to
550 from $ 462,890 in July of 2016 and down 11.2 % from $ 612,701
600
July of 2016 and 2015 .
500 last month . July 2017 ASP was at the highest level compared to
550
450
July of 2016 and 2015 .
500
400
450
350
400
300
350
250
300
250
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 114 , Inventory equal 114 of Properties last month available and down for 34.9 sale % as from of July 175 in was
July 114 of , equal last year to 114 . July last 2017 month Inventory and down was 34.9 at % its from lowest 175 in level
200
July compared of last year with . July 2017 of 2016 Inventory and 2015 was . at its lowest level
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
18.0
16.0
compared with July of 2016 and 2015 .
150
14.0
100
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial July 2017 for sellers MSI of while 6.0 a higher MSI is better for buyers . The July 2017 MSI of 6.0
50 months was at a mid level compared with July of 2016 and 2015 . months was at a mid level compared with July of 2016 and 2015 .
0
12.0
100
10.0
8.0
50
6.0
4.0
2.0
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
15 20 25 19 13 24 21 26 21 27 31 29 25 23 23 19 16 21 11 12 27 11 22 16 22 23 27 18 15 18 22 31 25 32 25 19
186 173
15 186 164
20 173
156 25 19 13 24 21 26 21
147 164
152 156
152 147
143 152
152 152 153
143 162 152
27 31 29
Number of Properties Sold
25 23 23 19 16 21 11 12
3 Mo Avg
156 153
157 162
146 156
139 157
129 146
120 136
139
147 129
120 154
136 175
147 172
154 175
175 175
167 172
148 175
148 175
151 167 138 148
123 148
125 151
127 138
119
123 122
125 114
127 114
119
27 11 22 16 22 23 27 18 15 18 22 31
122 25
114
3 Mo Avg
32
114 25 19
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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 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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