FL ARCHIVED September 2017 | Page 147

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

City : Palm Coast

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
$ 279,000
0 %
5 %
Average List Price of all Current Listings
$ 383,488
-3%
-5%
September Median Sales Price
$ 205,000
-4%
-2%
6 %
8 %
$ 205,000
9 %
8 %
September Average Sales Price
$ 246,375
-3%
-1%
6 %
6 %
$ 251,289
10 %
8 %
Total Properties Currently for Sale ( Inventory )
961
-3%
-7%
September Number of Properties Sold
169 -14%
-13%
1,814
0 %
September Average Days on Market ( Solds )
80
3 %
4 %
8 %
-5%
77
-6%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 145
3 %
1 %
1 %
6 %
$ 141
3 %
3 %
September Sold Price per Square Foot
$ 127
-1%
0 %
7 %
8 %
$ 127
9 %
8 %
September Month ' s Supply of Inventory
5.7
13 %
13 %
7 %
2 %
5.2
-8%
-7%
September Sale Price vs List Price Ratio
96.7 %
-. 1 %
-. 1 %
. 0 %
. 2 %
96.6 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
September Property sales were 169 , down 12.9 % from 194 in
September of 2016 and 14.2 % lower than the 197 sales last
Property month . September Sales 2017 sales were at their lowest level
300
250
September compared Property to September sales were of 2016 169 , and down 2015 12.9 . % September from 194 in YTD
September sales of 1,814 of 2016 are and running 14.2 % 0.4 lower % ahead than of the last 197 year sales ' s last year-to-date
250 month sales . of September 1,807 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD
200 sales of 1,814 are running 0.4 % ahead of last year ' s year-to-date
200
150
sales of 1,807 .
150
100

Palm Agent Coast

Name
Title Phone Website Other

Community Information | School District

100
50
181 172 211 122 148 219
Number of Properties Sold
50 0
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
0 14 15 16
17 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in September was $ 205,000 , up 5.9 % 300
Prices from $ 193,500 in September of 2016 and down 4.0 % from Median Sales Price and Average Sales Price
280
3 Mo Avg
The $ 213,585 Median last Sales month Price . in The September Average was Sales $ 205,000 Price in , September up 5.9 % was 300 from $ 246,375 $ 193,500 , up in 6.3 September % from $ 231,768 of 2016 in and September down 4.0 % of from 2016 and 260
280 $ down 213,585 2.7 last % from month $ . 253,240 The Average last month Sales Price . September in September 2017 was ASP 240 $ 246,375 , up 6.3 % from $ 231,768 in of 2016 and
260
was at the highest level compared to September of 2016 and 220 down 2.7 % from $ 253,240 last month . September 2017 ASP 240 2015 .
200 was at the highest level compared to September of 2016 and 220 180
2015 . 200
160 180
140 160
120 140
100
120 100
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 15
16
17
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 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The September Total Inventory was 961 of , down Properties 2.9 % available from 990 for last sale month as of and down
1,400 12.0
September 7.1 % from was 1,035 961 in , down September 2.9 % from of last 990 year last . month September and down 2017 1,4001,200 12.0
10.0
7.1 Inventory % from 1,035 was in at September its lowest level of last compared year . September with September 2017 of 1,2001,000 10.0
Inventory 2016 and was 2015 at . its lowest level compared with September of 8.0
1,000 2016 and 2015 .
800 8.0
800 6.0
600 6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
400 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The September 2017 MSI of 5.7400 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 5.7 200
2.0 of 200 2.0 months 2016 and was 2015 at its . highest level compared with September of 0
0.0
2016 and 2015 . 0
0.0 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
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 15
16 17
14 15 16
17
225 221 230 238 215
181 172 211 122 148 219 225 221 230 238 215 202 200 153 190 120 175 203 184 234 249 222 226 194 184 159 195 131 134 242 221 252 243 225 197 169
1,189 1,203 1,166 1,233 1,234 1,193 1,190 1,174 1,176 1,149 1,120 1,114 1,084 1,063 1,018 1,092 1,137
Number of Properties Sold
202 200
1,189 1,203 1,166 1,233 1,234 1,193 1,190 1,174 1,176 1,149 1,120 1,114 1,084 1,063 153 190
1,018
120 175 203 184 234 249 222 226 194
1,167 1,118 1,101 1,069 1,038 1,064 1,035 954 970 932 995
184 159 195 131 134 242
1,012 994 1,000 1,005 1,030 988 990 961
3 Mo Avg
1,092 1,137 1,167 1,118 1,101 1,069 1,038 1,064 1,035 954 970 932 995 1,012 994 1,000 1,005 1,030 988 990 961
221 252 243
3 Mo Avg
225 197 169
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 Assoc 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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