FL ARCHIVED September 2017 | Page 201

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

City : Niceville

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
$ 379,450
0 %
17 %
Average List Price of all Current Listings
$ 424,373
2 %
17 %
September Median Sales Price
$ 265,500
-14% -10%
-2%
-9%
$ 294,000
-1%
1 %
September Average Sales Price
$ 286,167
-23% -13%
-7%
-9%
$ 322,648
3 %
3 %
Total Properties Currently for Sale ( Inventory )
128 -14%
-37%
September Number of Properties Sold
56 -27%
-21%
629
6 %
September Average Days on Market ( Solds )
48 -17%
-9%
-17% -32%
60
-13%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 159
-2%
-2%
7 %
8 %
$ 157
7 %
7 %
September Sold Price per Square Foot
$ 146
-9%
-5%
5 %
3 %
$ 151
8 %
7 %
September Month ' s Supply of Inventory
2.3
18 %
15 % -20% -40%
2.8
-29%
-26%
September Sale Price vs List Price Ratio
97.7 %
. 9 %
. 3 %
2.8 % 1.6 %
97.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
September Property sales were 56 , down 21.1 % from 71 in
September of 2016 and 27.3 % lower than the 77 sales last
Property month . September Sales 2017 sales were at their lowest level
120
100
September compared Property to September sales were of 2016 56 , down and 2015 21.1 %. September from 71 in YTD
September sales of 629 of 2016 are running and 27.35.9 % lower % ahead than of the last 77 year sales ' s year-to-date last
100 month sales . of September 594 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD
80 sales of 629 are running 5.9 % ahead of last year ' s year-to-date
80
60
sales of 594 .
60
40
40

Niceville

Agent Name
Number of Properties Sold
20
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
Prices
The Median Sales Price in September was $ 265,500 , down 2.0 %
Prices from $ 271,000 in September of 2016 and down 14.4 % from
The
$ 310,000 Median last Sales month Price . in The September Average was Sales $ 265,500 Price in , down September 2.0 %
400 from was $ 271,000 286,167 in , down September 6.8 % from of 2016 $ 307,085 and down in 14.4 September % from of 2016
380
$ and 310,000 down last 23.0 month % from . The $ 371,558 Average last Sales month Price . in September 2017 was $ 286,167 , down 6.8 % from $ 307,085 in
360
ASP was at the lowest level compared to September of 2016 and and down 23.0 % from $ 371,558 last month . September 2017
340
2015 .
ASP was at the lowest level compared to September of 2016 and
320
2015 .
300
280
260
240
220
200
O
N D
J
F M A M J
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
J
A S
14
15
16
17
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
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 128 of , down Properties 14.1 % available from 149 for last sale month as of and down
September
36.6 % from was 202 128 in , down September 14.1 % from of last 149 year last . month September and down 2017
350
36.6
Inventory % from was 202 at in September its lowest level of last compared year . September with September 2017 of
300
Inventory
2016 and was 2015 at . its lowest level compared with September of
250
2016 and 2015 .
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 2.3
100 higher months MSI was is better at its lowest for buyers level . The compared September with 2017 September MSI of 2.3 of 2016
50 months and 2015 was . at its lowest level compared with September of 2016 and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
350
300
10.0
250
8.0
200
6.0
150
100
4.0
50
2.0
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
10.0
8.0
6.0
4.0
2.0
0.0
63 41 59 31 36 72 77 77 97 104 73 57 43 26 54 26 48 68 61 76 106 67 71 71 65 55 50 34 44 71 66 82 110 89 77 56
307
288 63 41 59
278 281
254
Title Phone Website Other

Community Information | School District

20
307 288 278
31 281
36 254
266 280
72 266
273 269
77
280 77
273
249 248
97
269 249
104 248
73
236 228 231
236
Number of Properties Sold
57 228
43
219 222
231 26 219
227 233
54 222
26 227
256 241
48 233
68 256
253 246
61 241 211
76 253
106 246
202 196
67 211
71 202
187 169
71 196
196 189
65 187
55 169
50
196
198 188 175
34
189 198
44
174 157
188 71
3 Mo Avg
175 66
149 128
174 82
157 110 149
3 Mo Avg
89
128 77 56
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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