FL ARCHIVED June 2017 - Page 146

Palm Bay Community Information | School District

Palm Bay Community Information | School District

Days On Market for Sold Properties
3 Mo Avg
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for June was 39 , down 20.4 % from 49 days last month and down 13.3 % from 45 days in June of last year . The June 2017 DOM was at its lowest level compared with June of 2016 and 2015 .
70 60 50 40 30
57
45
39
20
10
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The June 2017 Selling Price per Square Foot of $ 107 was up 2.5 % from $ 105 last month and up 14.9 % from 93 in June of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The June 2017 Selling Price vs Original List Price of 96.2 % was down from 96.6 % last month and up from 96.0 % in June of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in June 2017 was 284 , up 7.6 % from 264 last month and up 5.6 % from 269 in June of last year .
0
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
14
15
16
17
Selling Price per Square Foot
3 Mo Avg
150 140 130 120 110 100 90 80 70 60 50
98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
700 600 500 400 300 200 100
77
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
14
15
16
17
Selling Price versus Listing Price Ratio
95.4 %
93
107
96.0 % 96.2 %
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
14
15
16
17
Inventory / New Listings / Sales
572
596 553 542 545 540 563
Avg Selling Price divided by Avg Listing Price for sold properties during the month
509 463 444 432 432 450 437 421 441 451 437
3 Mo Avg
490 451 458 435 417 428 431 444 462 474 503 473 473 466 453
423 379 404
0
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
14
15
16
17
146 | c o l d w e l l b a n k e r h o m e s . c o m
Market Action Report City: Palm Bay Palm Bay June 2017 Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for June was 39, down 20.4% from 49 days last month and down 13.3% from 45 days in June of last year. The June 2017 DOM was at its lowest level compared with June of 2016 and 2015. 3 Mo Avg 70 57 60 50 45 39 40 30 20 10 0 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 14 15 16 17 Selling Price per Square Foot Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of hig ܈™[\Y\[HX\] H[[XH\]X\H\B[ܙHܛX[^Y[X]܈ۈH\X[ۈو\H[Y\˂H[H M[[XH\]X\Hو L \\ IBH L H\[۝[\ M IHHL[[Hو\YX\MLM LLLLL L L[]ŒL ŽL’HHHHHHHHHHHHMMBMM”[[XH\\\[XH][”[[XHܚY[[\[XBH[[XHܚY[[\[XH]X[H]\YB[[[][\\HYܙYZ[YHۈHZ\ܚY[[\XKH\H][\[ L HH[ܙHقH^Y\X\]^\H][]܈XݙH L H[X]\[ܙBوH[\X\] H[H M[[XHܚY[[\XHوMH\ۈHMH\[۝[\BM H[[Hو\YX\[]][[XH]YYH]\[XH܈\Y\\[H[۝N BMBMBM BMK BMBMIBM BLBLBLIBL BIBHHHHHHHHHHHHMMBMM’[[ܞH ]\[ [\’[[ܞH ]\[ [\   L  \\Y]وHX\]X[\[۝H[[ܞHق\Y\܈[H[ۙ]]\[[[\ˈHܘ\H\X[X[X\ۘ[]HوHX\]\[\B[][ۜ\]Y[\H][\ˈH\و]\[š[[H M\ \ ˍHH \[۝[\ KBH H[[Hو\YX\ L HHHHHHHHHHHHMMBMM\Y0H[[\\Y[X[X[\]H [[\[]Y X[ܜXH[N[\H\\Έђ Hۂ]H\ݚYY\\HوܙX]\ܝ]Y\[HPSԔPSԈ\X][ۈوX\[[KZX[ZH\X][ۈوPSԔ^HܚYHY[ۘ[S\\\XH\وPSԔPSԔ\X][ۈوH[HXX\XH\\X][ۈوPSԔ™\\[܈X\[YHHX\XHو\[ܛX][ۋ]\H\ۜX[]Hو[H^Y\܈[\\YH[H[[[ܛX][ۈ[][Xۜ[Y\&\X[\]H[X[ۋM HHHHH