FL ARCHIVED July 2017 | Page 197

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

City : Crestview

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
$ 218,900
2 %
10 %
Average List Price of all Current Listings
$ 233,041
4 %
13 %
July Median Sales Price
$ 185,000
-5%
-3%
7 %
10 %
$ 185,000
14 %
10 %
July Average Sales Price
$ 191,715
-3%
0 %
14 %
13 %
$ 186,106
16 %
10 %
Total Properties Currently for Sale ( Inventory )
341 -11%
-31%
July Number of Properties Sold
100 -35%
-2%
702
14 %
July Average Days on Market ( Solds )
83
6 %
-1% -14% -20%
87
-21%
-16%
Asking Price per Square Foot ( based on New Listings )
$ 102
4 %
4 %
13 %
9 %
$ 100
9 %
6 %
July Sold Price per Square Foot
$ 96
-1%
1 %
13 %
14 %
$ 94
13 %
11 %
July Month ' s Supply of Inventory
3.4
36 %
11 % -30% -35%
4.1
-30%
-22%
July Sale Price vs List Price Ratio
97.4 % -1.1% -. 5 %
. 8 %
2.1 %
97.1 %
3 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Crestview

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
180
July Property sales were 100 , down 2.0 % from 102 in July of
2016 and 34.6 % lower than the 153 sales last month . July 2017
160
Number of Properties Sold
3 Mo Avg
Property sales were Sales at a mid level compared to July of 2016 and 2015 .
180
140
July
July Property YTD sales sales of were 702 are 100 running , down 2.0 13.6 % from % ahead 102 in of July last year of ' s
2016 year-to-date and 34.6 % sales lower of than 618 . the 153 sales last month . July 2017
160
120
sales were at a mid level compared to July of 2016 and 2015 .
140
100
July YTD sales of 702 are running 13.6 % ahead of last year ' s year-to-date sales of 618 .
120
80
100
60
80
40
60
20
40
0
20
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
Prices
The Median Sales Price in July was $ 185,000 , up 7.3 % from
Prices
$ 172,450 in July of 2016 and down 4.6 % from $ 193,820 last
The month Median . The Sales Average Price Sales in July Price was $ in 185,000 July was , up $ 191,715 7.3 % from , up 13.9 %
200
$ from 172,450 $ 168,380 in July of in 2016 July of and 2016 down and 4.6 down % from 3.0 $ % 193,820 from $ last 197,708 month . The Average Sales Price in July was $ 191,715 , up 13.9 %
190 last month . July 2017 ASP was at the highest level compared to from $ 168,380 in July of 2016 and down 3.0 % from $ 197,708
180
July of 2016 and 2015 .
A
S O N D
J
F M A
MMedian J
J A SSales O N DPrice
J
F Mand A MAverage J
J
A S Sales O N D Price
J
F M A M J
J
14
15
16
17
200
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last month . July 2017 ASP was at the highest level compared to
July of 2016 and 2015 .
68 83 76 70 64 63 76 80 87 97 105 80 88 84 76 71 81 56 65 82 100 100 113 102 119 104 85 76 103 56 78 110 87 118 153 100
190 180 170 160 150 140 130 120 110 100
170
160
150
140
130
120
110
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
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 341 , Inventory down 11.2 of % Properties from 384 available last month for and sale down as of 31.4 July % from was 497341 in , July down of 11.2 last % year from . July 384 last 2017 month Inventory and down was 31.4 at its % lowest from
700
497 level in compared July of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest
600 level compared with July of 2016 and 2015 .
500
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial July 2017 for sellers MSI of while 3.4 a
200 higher months MSI was is better at its lowest for buyers level . The compared July 2017 with MSI July of 3.4 of 2016 and months was at its lowest level compared with July of 2016 and
100
2015 .
2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
600
10.0
500
8.0
400
6.0
300
200
4.0
100
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
10.0
8.0
6.0
4.0
2.0
0.0
610 587
68 610 595
83 587 586
76 595 560
70 586 562
64 560
543 535
63 562
521 76
543
535 587 521
539 80 87
539 97
595 567
105
Number of Properties Sold
80 88 84 76 71 81 56 65 82 100
587 519
595 511
567 479
519
467 444
511
481 479
487 467
444 521
530 481
509 487
497 521
460 530
434 509
412 497
394 460 408 434
380 412
380
394 402
408
381 380
389 380
384 402
341 381
100 113 102 119 104 85 76 103 56 78 110
389 87 384
3 Mo Avg
118
341 153 100
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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