FL ARCHIVED July 2017 - Page 209

Market Action Report Navarre City: Navarre Agent Name Market Action Report Title Phone Agent Name Website Title Other Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $294,334 3% 13% Other $379,328 Trending 3% versus*: 13% Month LM 6% L3M 8% PYM 19% LY $263,700 $294,334 3% -4% 1% 13% 14% $268,781 $379,328 320 3% -8% 13% -35% $263,700 149 6% -22% 8% 19% -12% 20% $268,781 -4% 1% 14% 12% 41 -41% -33% -47% 320 -8% -35% $137 1% -1% 4% 149 -22% -12% $128 -6% -3% 4% 41 -41% -33% -47% -54% 2.1 18% -3% -26% $137 1% -1% 4% 4% 98.3% .3% .5% .3% Average List Price of all Current Listings Market Profile & Trends July Median Sales Price Overview Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) July Sales Price July Median Number of Properties Sold July Average Sales Price July Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) July Number of Properties Sold July Sold Price per Square Foot July Average Days on Market (Solds) July Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) July Sale Price vs List Price Ratio July Sold Price per Square Foot July Month's Supply of Inventory July Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 250 July Property sales were 149, down 12.4% from 170 in July of 2016 and 22.4% lower than the 192 sales last month. July 2017 Property sales were Sales at their lowest level compared to July of 2016 and 250 200 July Property sales sales were of 149, down 12.4% from 170 in July 2015. July YTD 959 are running 3.1% ahead of of last 2016 and 22.4% lower sales than of the 192 sales last month. July 2017 year's year-to-date 930. 200 150 sales were at their lowest level compared to July of 2016 and Trending versus*: Prior YTD 9% Prior Year 9% 20% YTD $239,000 12% $266,947 12% 11% $239,000 $266,947 -54% 9% 959 3% 9% 12% 70 -26% 11% 4% $137 5% 959 3% 6% $133 12% 70 -26% -21% -47% 2.9 -34% $137 5% 4% 1.5% 97.3% 1% -21% 4% 10% -27% 0% 3 Mo Avg Number of Properties Sold 3 Mo Avg Prices 14 The Median Sales Price in July was $263,700, up 18.8% from Prices $222,000 in July of 2016 and up 5.9% from $249,000 last 290 The Median Sales Price Sales in July Price was $263,700, 18.8% from month. The Average in July was up $268,781, up 13.6% $222,000 in July in of July 2016 of and up and 5.9% down from 3.6% $249,000 from $236,522 2016 from last $278,889 290 270 month. The Average Sales Price in at July $268,781, up 13.6% to 250 last month. July 2017 ASP was the was highest level compared 270 from in July of 2016 and down 3.6% from $278,889 July $236,522 of 2016 and 2015. last month. July 2017 ASP was at the highest level compared to 250 230 117 79 15 16 121 144 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 A S O N D J F M A M J J A S Sales O N D Price J F M A M Average J J A S Sales O N D Price J F M A M J J Median and 3 Mo Avg 0 0 50 50 100 150 100 2015. July YTD sales of 959 are running 3.1% ahead of last year's year-to-date sales of 930. Trending versus*: Prior YTD Prior Year YTD $128 -6% -3% 4% 6% $133 12% 10% 2.1 18% -3% -26% -47% 2.9 -34% -27% Number of 97.3% Properties 98.3% .3% .5% .3% 1.5% 1% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date July of 2016 and 2015. July 2017 Community Information | School District City: Navarre July 2017 17 Median Sales Price and Average Sales Price 3 Mo Avg 230 210 210 190 190 170 170 150 150 Inventory & MSI 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 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 A S 14 O N D J F M 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 12.0 2015. 0 12.0 10.0 8.0 6.0 The Total Inventory Inventory & MSI of Properties available for sale as of July 900 was Total 320, Inventory down 8.0% from 348 available last month The of Properties for and sale down as of 35.2% July from 494 320, in July of 8.0% last year. July last 2017 Inventory was 35.2% at its lowest was down from 348 month and down from 900 800 800 700 494 in compared July of last with year. July July of 2017 Inventory was at its lowest level 2016 and 2015. 700 600 level compared with July of 2016 and 2015. 600 500 500 400 A comparatively lower MSI is more beneficial for sellers while 400 a 300 A higher comparatively lower MSI is more The beneficial for sellers while MSI is better for buyers. July 2017 MSI of 2.1 a 300 200 200 100 higher MSI is better for buyers. 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