FL ARCHIVED September 2017 | Page 205

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

City : Gulf Breeze

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
$ 339,500
-0%
17 %
Average List Price of all Current Listings
$ 524,297
1 %
17 %
September Median Sales Price
$ 247,900
0 %
0 %
5 %
9 %
$ 245,000
9 %
8 %
September Average Sales Price
$ 277,810
1 %
-6%
-2%
5 %
$ 296,097
12 %
12 %
Total Properties Currently for Sale ( Inventory )
300
-2%
-1%
September Number of Properties Sold
78 -26%
-25%
790
-7%
September Average Days on Market ( Solds )
86
37 %
32 %
21 %
-3%
74
-19%
-17%
Asking Price per Square Foot ( based on New Listings )
$ 158
7 %
4 %
26 %
19 %
$ 151
16 %
14 %
September Sold Price per Square Foot
$ 134
1 %
-2%
6 %
10 %
$ 135
12 %
11 %
September Month ' s Supply of Inventory
3.8
33 %
10 %
32 %
-13%
3.9
-12%
-12%
September Sale Price vs List Price Ratio
97.6 %
. 0 %
. 5 %
2.6 % 1.2 %
96.8 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Gulf Breeze

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
160
September Property sales were 78 , down 25.0 % from 104 in
September of 2016 and 26.4 % lower than the 106 sales last
140
Number of Properties Sold
3 Mo Avg
Property month . September Sales 2017 sales were at a mid level compared to
160
September Property of 2016 sales and were 2015 . 78 September , down 25.0 YTD % from sales 104 of in 790 are
September of 2016 and 26.4 % lower than the 106 last
140 running 6.8 % behind last year ' s year-to-date sales of 848 .
120
100
month . September 2017 sales were at a mid level compared to
September of 2016 and 2015 . September YTD sales of 790 are running 6.8 % behind last year ' s year-to-date sales of 848 .
120
100
80
60
80
40
60
20
40
0
20
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 $ 247,900 , up 4.9 %
Prices from $ 236,228 in September of 2016 and up 0.3 % from
The
$ 247,250 Median last Sales month Price . in The September Average was Sales $ 247,900 Price in , up September 4.9 % was
350 from
$ 277,810 $ 236,228 , down in September 2.0 % from of $ 283,498 2016 and in up September 0.3 % from of 2016 and
330
$ up 247,250 1.2 % last from month $ 274,461 . The last Average month Sales . September Price in September 2017 ASP was at
$ 277,810 , down 2.0 % from $ 283,498 in September of 2016 and
310 the lowest level compared to September of 2016 and 2015 . up 1.2 % from $ 274,461 last month . September 2017 ASP was at
290 the lowest level compared to September of 2016 and 2015 .
270
250
230
210
190
170
150
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
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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 300 of , Properties down 2.0 % available from 306 for last sale month as of and down
September
1.0 % from was 303300 in , September down 2.0 % of from last 306 year last . September month and 2017 down
600
600
500
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
1.0
Inventory % from 303 was in at September its lowest of level last compared year . September with September 2017 of
500
Inventory
2016 and was 2015 at . its lowest level compared with September of
2016 and 2015 .
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
200 higher MSI is better for buyers . The September 2017 MSI of 3.8 higher months MSI was is better at a mid for level buyers compared . The September with September 2017 MSI of of 2016 3.8
100 months and 2015 was . at a mid level compared with September of 2016 and 2015 .
0
12.0
400
10.0
300
8.0
200
6.0
100
4.0
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
55 54 64 44 58 83 113 104 109 100 84 73 81 50 62 42 72 87 88 108 143 110 94 104 74 68 62 54 53 101 95 99 112 92 106 78
524 518
55 524
54 518
64 503
503 554 529
44 554
58 529
511 490
83 511
510 467
113
490 104
510
451 441
109
467 451
100 441
84
416 407 390
416
Number of Properties Sold
73 407
81
389 397
390 50 389
418 412
62 397
42 418
411 373
72 412
87 411
88 373
359 347 323
108 359
143 347
303 311
110 323
94 303
289 287
104 311
308 314
74 289
68 287
62
308
328 323 347
54
314 328
53
329 348 323
101 347
95
306 300
329 99
348 112 306
3 Mo Avg
92
300 106 78
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 205