FL ARCHIVED July 2017 | Page 203

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

City : Niceville

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
$ 361,450
17 %
16 %
Average List Price of all Current Listings
$ 413,519
9 %
16 %
July Median Sales Price
$ 285,250
-12% -5%
-7%
-2%
$ 294,950
-3%
1 %
July Average Sales Price
$ 298,900
-14% -8% -12%
-5%
$ 319,425
0 %
2 %
Total Properties Currently for Sale ( Inventory )
148 -13%
-40%
July Number of Properties Sold
84 -24%
24 %
492
11 %
July Average Days on Market ( Solds )
52
6 %
-4% -21% -27%
61
-12%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 168
7 %
7 %
16 %
14 %
$ 156
7 %
6 %
July Sold Price per Square Foot
$ 146
-7%
-4%
1 %
4 %
$ 151
8 %
7 %
July Month ' s Supply of Inventory
1.8
14 %
-3% -51% -54%
3.0
-31%
-22%
July Sale Price vs List Price Ratio
96.5 % -1.7% -1.0% 1.8 %
. 5 %
97.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
July Property sales were 84 , up 23.5 % from 68 in July of 2016
and 23.6 % lower than the 110 sales last month . July 2017 sales
Property were at a mid Sales level compared to July of 2016 and 2015 . July
120
100
July
YTD Property sales of sales 492 are were running 84 , up 23.5 11.1 % from ahead 68 of in last July year of 2016 ' s year-todate 23.6 sales % lower of 443 than . the 110 sales last month . July 2017 sales and
100 were at a mid level compared to July of 2016 and 2015 . July
80
YTD sales of 492 are running 11.1 % ahead of last year ' s year-todate sales of 443 .
80
60
60
40
40

Niceville

Agent Name
20
Number of Properties Sold
20
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
Prices
The Median Sales Price in July was $ 285,250 , down 7.2 % from
Prices
$ 307,500 in July of 2016 and down 12.0 % from $ 324,000 last
The month Median . The Sales Average Price Sales in July Price was $ in 285,250 July was , down $ 298,900 7.2 % from , down
400
$
12.0 307,500 % from in July $ 339,600 of 2016 in and July down of 2016 12.0 % and from down $ 324,000 13.7 % from last month . The Average Sales Price in July $ 298,900 , down
380
$ 346,481 last month . July 2017 ASP was at the lowest level
12.0 % from $ 339,600 in July of 2016 and down 13.7 % from
360 compared to July of 2016 and 2015 .
$ 346,481 last month . July 2017 ASP was at the lowest level
340 compared to July of 2016 and 2015 .
320
300
280
260
240
220
200
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
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
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 148 , Inventory down 12.9 of % Properties from 170 available last month for and sale down as of 39.8 July % from was 246148 in , July down of 12.9 last % year from . July 170 last 2017 month Inventory and down was 39.8 at its % lowest from
350
246 level in compared July of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest
300 level compared with July of 2016 and 2015 .
250
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial July 2017 for sellers MSI of while 1.8 a
100 higher months MSI was is better at its lowest for buyers level . The compared July 2017 with MSI July of 1.8 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 )
350
300
10.0
250
8.0
200
6.0
150
100
4.0
50
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
57 53 62 42 59 31 36 72 77 77 97 104 73 57 43 26 54 27 48 68 61 65 106 68 71 73 65 55 50 34 45 71 66 82 110 84
312 311
57 312 308
53 311 289
62
Title Phone Website Other

Community Information | School District

42 59 31 36 72 77
279 308
282 289
255 279
267 282
281 255 274
267 270
281
77 97
Number of Properties Sold
104 73 57 43 26 54 27 48 68
3 Mo Avg
250 274
250 270
238 250
230 250
233
238 221 223
230
228 233
234 221
223 257
242 228
254 234
246 257
211 242
202 254
196 246
187 211 168 202
195 196
188
187 196 168 186
195 174
188 170
196 148
186
61 65 106 68 71 73 65 55 50 34 45 71
174 66 170
3 Mo Avg
82
148 110 84
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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