FL ARCHIVED September 2017 | Page 209

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

City : Pace

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
$ 241,374
3 %
7 %
Average List Price of all Current Listings
$ 269,342
4 %
8 %
September Median Sales Price
$ 215,330
2 %
0 %
12 %
15 %
$ 207,000
12 %
10 %
September Average Sales Price
$ 231,699
5 %
3 %
10 %
16 %
$ 217,818
9 %
9 %
Total Properties Currently for Sale ( Inventory )
254 -14%
-20%
September Number of Properties Sold
107
13 %
34 %
766
15 %
September Average Days on Market ( Solds )
91
0 %
2 %
-19% -16%
94
-19%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 108
1 %
1 %
14 %
9 %
$ 105
8 %
6 %
September Sold Price per Square Foot
$ 102
1 %
0 %
7 %
10 %
$ 100
8 %
8 %
September Month ' s Supply of Inventory
2.4 -24% -15% -40% -53%
4.1
-21%
-18%
September Sale Price vs List Price Ratio
98.7 %
. 1 %
. 0 %
2.5 % 1.4 %
98.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
September Property sales were 107 , up 33.8 % from 80 in
September of 2016 and 12.6 % higher than the 95 sales last
120
Property month . September Sales 2017 sales were at their highest level
September compared Property to September sales were of 2016 107 , and up 33.8 2015 %. from September 80 in YTD
140
100
September sales of 766 of 2016 are running and 12.615.0 % higher % ahead than of the last 95 year sales ' s year-to-date last
120 month sales . of September 666 . 2017 sales were at their highest level compared to September of 2016 and 2015 . September YTD
100 sales of 766 are running 15.0 % ahead of last year ' s year-to-date sales of 666 .
80
80
60
40
60
20
40
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 $ 215,330 , up 11.6 %
Prices from $ 192,980 in September of 2016 and up 1.6 % from
The
$ 212,000 Median last Sales month Price . in The September Average was Sales $ 215,330 Price in , up September 11.6 %
250 from was $ 192,980 231,699 in , up September 10.2 % from of 2016 $ 210,276 and up in 1.6 September % from of 2016
240
$ and 212,000 up 4.7 last % month from $ . 221,362 The Average last month Sales Price . September in September 2017 ASP was $ 231,699 , up 10.2 % from $ 210,276 in of 2016
230 was at the highest level compared to September of 2016 and and up 4.7 % from $ 221,362 last month . September 2017 ASP
220
2015 . was at the highest level compared to September of 2016 and
210
2015 .
200
190
180
170
160
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
250
Median Sales Price and Average Sales Price
240
3 Mo Avg
230
220
210
200
190
180
170
160
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 254 of , down Properties 14.2 % available from 296 for last sale month as of and down
September
19.9 % from was 317 254 in , down September 14.2 % of from last 296 year last . September month and 2017 down
400
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
19.9
Inventory % from 317 was in at September its lowest level of last compared year . September with September 2017 of
350
Inventory
2016 and was 2015 at . its lowest level compared with September of
300
2016 and 2015 .
250
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 2.4
100 higher months MSI was is better at its lowest for buyers level . The compared September with 2017 September MSI of 2.4 of 2016 months was at its lowest level compared with September of 2016
50 and 2015 . and 2015 .
0
300
12.0
250
10.0
200
8.0
150
6.0
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
56 49 64 34 54 53 64 59 77 87 55 61 55 31 51 28 38 75 84 91 115 67 88 80 62 70 83 40 56 85 86 87 105 105 95 107
332 316

Pace

56 49
307 333 320
Agent Name
64
Title Phone Website Other

Community Information | School District

332 316 307
34 333
54 320
335 333
53 335
367 357
64
333 59
367
355 351
77
357 355
87 351
55
354 337
315 354
Number of Properties Sold
61 337
55
324 341 315
31 324
320 329
51 341
28 320
318 326
38 329
75 318
84 326
328 311 301
91 328
115 311
317 307
67 301
88 317
299 313
80 307
329 343
62 299
70 313
83
329
333 331 326
40
343 333
56
315 299
331 85 296
3 Mo Avg
326 86 254
315 87
299 105 296
3 Mo Avg
105
254 95 107
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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