FL ARCHIVED July 2017 | Page 211

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

City : Pace

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
$ 252,424
7 %
17 %
Average List Price of all Current Listings
$ 270,647
4 %
11 %
July Median Sales Price
$ 217,175
2 %
8 %
6 %
16 %
$ 204,000
10 %
9 %
July Average Sales Price
$ 222,190
1 %
3 %
12 %
11 %
$ 214,587
7 %
7 %
Total Properties Currently for Sale ( Inventory )
278
-9%
-11%
July Number of Properties Sold
105
0 %
57 %
564
13 %
July Average Days on Market ( Solds )
91
12 %
-3%
-4%
-16%
95
-18%
-12%
Asking Price per Square Foot ( based on New Listings )
$ 106
-1%
0 %
9 %
7 %
$ 105
8 %
6 %
July Sold Price per Square Foot
$ 103
3 %
3 %
11 %
11 %
$ 99
8 %
6 %
July Month ' s Supply of Inventory
2.6
-9% -13% -43% -47%
4.4
-23%
-12%
July Sale Price vs List Price Ratio
99.1 %
. 8 %
. 6 %
1.7 % 1.8 %
98.3 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
July Property sales were 105 , up 56.7 % from 67 in July of 2016
and the same as the 105 sales last month . July 2017 sales were
120
Property at their highest Saleslevel compared to July of 2016 and 2015 . July
140
July
YTD Property sales of sales 564 are were running 105 , up 13.0 56.7 % from ahead 67 of in last July year of 2016 ' s year-todate
100
the sales same of as 499 the . 105 sales last month . July 2017 sales were and at their highest level compared to July of 2016 and 2015 . July
120
80
YTD sales of 564 are running 13.0 % ahead of last year ' s year-todate
100
sales of 499 .
60
80
40
60
40
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 $ 217,175 , up 5.9 % from
Prices
$ 205,000 in July of 2016 and up 2.4 % from $ 212,095 last
The month Median . The Sales Average Price Sales in July Price was $ in 217,175 July was , up $ 5.9 222,190 % from , up 12.2 %
250
$ from 205,000 $ 198,102 in July in of July 2016 of and 2016 up and 2.4 % up from 0.9 % $ 212,095 from $ 220,122 last last . The Average Sales Price in July was $ 222,190 , up 12.2 %
240 month . July 2017 ASP was at the highest level compared to July from $ 198,102 in July of 2016 and up 0.9 % from $ 220,122 last
230 of 2016 and 2015 . month . July 2017 ASP was at the highest level compared to July
220 of 2016 and 2015 .
210
200
190
180
170
160
150
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
250
Median Sales Price and Average Sales Price
240
3 Mo Avg
230
220
210
200
190
180
170
160
150
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 278 , Inventory down 9.2 of % Properties from 306 last available month for and sale down as of 10.6 July % from was 311278 in July , down of 9.2 last % year from . July 306 last 2017 month Inventory and down was 10.6 at its % lowest from
400
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
311 level in July compared of last year with . July of 2017 2016 Inventory and 2015 was . at its lowest
350 level compared with July of 2016 and 2015 .
300
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 2.6 a higher MSI is better for buyers . The July 2017 MSI of 2.6
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
300
12.0
250
10.0
200
8.0
150
6.0
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
53 64 56 49 64 34 54 53 64 59 77 87 55 61 55 31 51 28 38 75 85 91 115 67 88 80 62 70 83 40 56 85 86 87 105 105
353 357

Pace

53 353 332
64 357 316
Agent Name
56
Title Phone Website Other

Community Information | School District

49 64 34 54 53 64
307 332
333 316
320 307
335 333
333 320 367
335 357 333
367 59
355 351
77
Number of Properties Sold
87 55 61 55 31 51 28 38 75 85
3 Mo Avg
357 354
355 337
351 315
354
324 341
337
321 315
329 324
318 341
326 321
328 329
311 318
300 326
316 328
303 311
295 300 308
316 323 303 336 295 324
308 320
323 313
336 306
324 278
320
91 115 67 88 80 62 70 83 40 56 85
313 86 306
3 Mo Avg
87
278 105 105
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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