FL ARCHIVED September 2017 | Page 191

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

City : Pensacola Beach

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
$ 599,450
1 %
8 %
Average List Price of all Current Listings
$ 797,062
9 %
17 %
September Median Sales Price
$ 480,500
14 %
0 %
10 %
12 %
$ 445,000
5 %
3 %
September Average Sales Price
$ 528,445
-14%
-8%
13 %
8 %
$ 555,333
14 %
13 %
Total Properties Currently for Sale ( Inventory )
122
6 %
-18%
September Number of Properties Sold
20
25 %
-13%
208
26 %
September Average Days on Market ( Solds )
115
98 %
8 %
-49% -22%
134
-17%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 353
-3%
3 %
6 %
5 %
$ 349
4 %
4 %
September Sold Price per Square Foot
$ 336
2 %
2 %
25 %
12 %
$ 322
11 %
8 %
September Month ' s Supply of Inventory
6.1 -15%
-6%
-5%
-34%
5.5
-44%
-41%
September Sale Price vs List Price Ratio
95.2 %
1.5 % 1.2 % 3.1 % 2.0 %
93.9 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales September Property sales were 20 , down 13.0 % from 23 in
September of 2016 and 25.0 % higher than the 16 sales last Property month . September Sales 2017 sales were at their lowest level 35
September compared Property to September sales were of 2016 , down and 2015 13.0 .% September from 23 in YTD September sales of 208 of 2016 are running and 25.026.1 % higher % ahead than of the last 16 year sales ' s last year-to-date 30 month sales . of September 165 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD 25 sales of 208 are running 26.1 % ahead of last year ' s year-to-date sales of 165 .
20

Pensacola Agent Name Beach Title Phone Website Other

Community Information | School District

15 10
35 30 25 20 15 10 5
Number of Properties Sold
5
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 $ 480,500 , up 10.5 %
700
Prices from $ 435,000 in September of 2016 and up 14.3 % from
Median Sales Price and Average Sales Price
650
3 Mo Avg
The
$ 420,500 Median last Sales month Price . in The September Average was Sales $ 480,500 Price in , up September 10.5 %
700 from was $ 435,000 528,445 , in up September 13.3 % from of 2016 $ 466,239 and up in 14.3 September % from of 2016
600
650
$ and 420,500 down last 13.8 month % from . The $ 612,781 Average last Sales month Price . in September 2017
550 was $ 528,445 , up 13.3 % from $ 466,239 in of 2016
600
ASP was at the highest level compared to September of 2016
500 and down 13.8 % from $ 612,781 last month . September 2017
550 and 2015 .
450
ASP was at the highest level compared to September of 2016
500
400 and 2015 .
450
350
400
300
350
250
300
200
250
200
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
The
September Total Inventory was 122 of , up Properties 6.1 % from available 115 last for month sale as and of down
September
17.6 % from was 148 122 in , up September 6.1 % from of 115 last last year month . September and down 2017
200
17.6
Inventory % from 148 was in at September its lowest level of last compared year . September with September 2017 of
Inventory
2016 and was 2015 at . its lowest level compared with September of
150
2016 and 2015 .
100
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 6.1
50 higher months MSI was is better at its lowest for buyers level . The compared September with 2017 September MSI of 6.1 of 2016 months and 2015 was . at its lowest level compared with September of 2016 and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
200
18.0
150
16.0
14.0
12.0
100
10.0
8.0
50
6.0
4.0
0
2.0
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
25 19 13 24 21 26 21 27 31 29 25 23 23 19 16 21 11 12 27 11 22 16 22 23 27 18 15 18 22 31 25 32 25 19 16 20
164 156
25 164
19 156
13 147
147 152 152
24 152
21 152
143 152
26 143
21 152
153 162
27 153
156 157
31 162
29 156
25 157
146 139 129
23 146
Number of Properties Sold
23
139
120 136
19
129 16
147 154
120
21 11
175 172
136 147 154
12 175
27 172
175 175 167
11 175
22 175
148 148
16 167
22 148
151 138
23 148
27 151
123 125
18 138
15 123
128 120 124
18 125
22
128
114 119
31
120
3 Mo Avg
124 25
115 122
114 32
119 25
115
3 Mo Avg
19
122 16 20
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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 Asso 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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