Florida Market Viewpoint April 2017 - Page 151

Market Action Report City: Palm Coast Palm Coast Agent Name Title Phone Agent Name Website Title Other April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $279,000 1% 2% Other $401,315 Trending 0% versus*: -1% Month LM 5% L3M 6% PYM 20% LY $210,000 $279,000 1% 2% $297,238 20% 18% 31% $401,315 933 0% -1% -1% -16% $210,000 205 5% -13% 6% 20% 11% 10% $297,238 20% 18% 31% 27% 73 -6% -4% -18% 933 -1% -16% $146 2% 2% 5% 205 -13% 11% $134 8% 7% 14% 73 -6% -4% -18% -13% 4.6 14% -14% -25% $146 2% 2% 5% 6% 96.0% -.2% -.3% -.3% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Current Listings April Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot $134 8% 7% 14% 4.6 14% -14% -25% 96.0% -.2% -.3% -.3% April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 300 April Property sales were 205, up 11.4% from 184 in April of 2016 and 12.8% lower than the 235 sales last month. April 2017 250 Property sales were Sales at a mid level compared to April of 2016 and 2015. 300 April sales 205, running up 11.4% from ahead 184 in of April April Property YTD sales of were 702 are 2.8% last of year's 200 2016 and 12.8% sales lower year-to-date of than 683. the 235 sales last month. April 2017 250 14 300 280 260 240 220 200 180 160 140 120 100 3 Mo Avg 121 190 16 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 800 800 600 A comparatively lower MSI is more beneficial for sellers while a 600 400 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 4.6 a 400 higher MSI is better for buyers. April 2017 of 4.6 months was at its lowest level The compared with MSI April of 2016 and 200 200 months was at its lowest level compared with April of 2016 and 0 2015. 0 12.0 1,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 12.0 10.0 Inventory & MSI 2015. 215 236 15 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 The Total Inventory Inventory & MSI of Properties avail X›H›άˆΨ[H\Θو\š[ŒK Ψ\Θέ[ŽLΜΛ[™[ܞB™έۈ KŒ B™œ›ΫHM ˆ\έ›[۝•B›Ωˆ›ά\Y\˜]˜Z[X›B™›άˆ[™œΨ[HέΫ‚˜\Θو M‹Œ B\š[œ›ΫBŒK  K Œ ŒK LLBš[ˆέΫ‚\š[Ω‚›\έœ›ΫBžYX\‹ˆM ‚\š[’[™[ܞB˜]]Β›έΩ\ݝΨ\ŽLΜΛŒKŒ B›\έ Œ MΒ›[۝˜[™έۈΨ\ŒM‹Œ B™œ›ΫBŒK LLB\š[و\έžYX\‹‚\š[›]™[[ˆΫΫ\\™YΪ]\š[›Ωˆ Œ MŒŒ Mˆ[™[ܞB˜[™ Œ MKˆΨ\Θ]]ΘέΩ\έ K Œ  K ›]™[ΫΫ\\™YΪ]\š[و Œ Mˆ[™ Œ MK‚ŒΘ[Θ]™Β“HˆˆHΘΘˆˆˆHHHˆˆHΘΘˆˆˆHHHˆˆHΘΘˆˆˆHBŒMŒMBŒM‚ŒMΒ“HˆˆHΘΘˆˆˆYYX[‚“HHHˆΨ[\Β’ˆHΘšXΩB“Θˆ[™’ˆˆ]™\˜YΩB“HHHˆΨ[\Β’ˆHΘšXΩB“ΘˆˆˆHBŒΘ[Θ]™Β”šXΩ\Œ ŒŒŒŒŒ ŒN ŒMŒŒM ŒLŒŒL ŒL LŒ‰  ‹LΘ\έ[۝ ˆ\š[ Œ MΘTΤΨ\Θ]HYΪ\έ]™[˜ΫΫ\\™YΘ\š[و Œ Mˆ[™ Œ MK‚‹LL B BΙBIB‹L BŒL ŒL •HYYX[ˆΨ[\ΘšXΩH[ˆ\š[Ψ\Θ ŒL \ Œ ŒΙHœ›ΫB”šXΩ\Β‰ MΝ L [ˆ\š[و Œ Mˆ[™\ KŒ Hœ›ΫH Œ \έ•B“YYX[‚”Ψ[\Β”šXΩHΨ[\š[ˆ\š[Ψ\Θ[‚‰ ŒL ŒŒ ŒΙHœ›ΫB›[۝ ‚•B]™\˜YΩB”šXΩB\š[Ψ\Θ\ ŽMΛ ŒΞ \ŒΜ ‰ MΝ L š[ˆ\š[›Ωˆ Œ Mˆ[ˆ[™\Ω‚KŒ B™œ›ΫBŒΜ ‰Hœ›ΫB‰ ŒΛ Ž \š[ŒŒ M‚˜[™ Œ \ Œ  H\έ™œ›ΫB›[۝ ‚•H\ݐ]™\˜YΩB”Ψ[\Β”šXΩBš[ˆ\š[\]™[ Ž ‰  ‹LΒ›[۝ ‚\š[ŒŒ MTΤΨ\Ψ\Θ ŽMΛ ŒΞ ˜]HYΪ\έŒŒŒΜ ‰B™œ›ΫHΒ‰ ŒΛ Ž \š[[™›Ωˆ Œ M‚˜ΫΫ\\™Y\š[و[ˆ Œ M‚ŒŒ MKˆ[™\ Œ  Hœ›ΫBŒLIH ΙH IBΜ ‚ŒM BΝˆ LMΙH B‰B‰ M  BΜ ‚ŒΙBŒM B‰ L‚ŒLIBΝˆ LMΙB‹LL B‹LN BKŽ LMIB‰ M  B B‹KIBŽM‹ŒΙB‹L BŒMLŒML‰ NN NMB‰ L‹ ΜB‹LLΙB“[X™\ˆو›ά\Y\ΘΫΫŒŒ œΨ[\ΘΩ\™H]HZY]™[ΫΫ\\™YΘ\š[و Œ Mˆ[™ Œ MK‚\š[UΨ[\Θو Μ ˆ\™H[›š[™Θ ‹Ž HZXYو\έYX\‰άžYX\‹]ΛY]HΨ[\Θو Ž Λ‚•™[™[™Θ™\œέ\ʎ‚”š[܈U LIB”š[܈YX\ˆ IBŒL HU‰ NN NMBŒΙB‰ L‹ ΜBŒM BŽ BŒM B‰ L‚ŒLIBΙB‹LN BKŽ LMIBIB“[X™\‚›ΩˆM‹ŒΙB”›ά\Y\Β‹KIB‹L HΫΫ L BŠˆOS\έ[۝ Θ ΣOS\έ Θ[۝Θ ΘSOTΨ[YH[۝š[܈YX\ˆ ΘOS\έYX\ˆ Œ MŠH ΘUHYX\‹]ΛY]B\š[[۝ άΘέ\Hو[™[ܞB•™[™[™Θ™\œέ\ʎ‚”š[܈Uš[܈YX\‚–U“X\šΩ]Xέ[ۈ™\ܝΪ]Nˆ[HΫΨ\ݐ\š[ Œ MŽ Œ‹Œ ŒŒ‹ŒŒ ŒŒL ŒŽ Œ‹Œ ŒŒ‹ŒŒ Œ“HˆˆHΘΘˆˆˆHHHˆˆHΘΘˆˆˆHHHˆˆHΘΘˆˆˆHB“HˆˆHΘΘˆˆˆHHHˆˆHΘΘˆˆˆHHHˆˆHΘΘˆˆˆHBŒMŒMBŒM‚ŒMŒMŒMBΫά\šYΪ°ͺHΫΫΩ[˜[šΩ\‚”™\ΪY[X[‘\έ]B‹ΘΫΫΩ[˜[šΩ\‚•[š]Y ”™X[άœΒ”šXΩH˜[™ΩN‚[›ά\B•\\Ξ‚”Ρ’ HΫΫ‚Ϋά\šYΪ°ͺHΫΫΩ[˜[šΩ\‚”™\ΪY[X[”™X[™X[‘\έ]B‹ΘΫΫΩ[˜[šΩ\‚•[š]Y ”™X[ܜŸšXΩH˜[™ΩN‚[›ά\B•\\ΈΡ’‹HΫΫ‚ŒM‚ŒM˜ΘΘΘ[ˆHˆΘ\ˆΘH\Θ ˆΘΘBŸ MLB‘]Bœ›έšYY˜Ϋέ\\ήB›Ωˆά™X]\‚“]Y\™[B”‘PSΤ”Λ”‘PSΤ‚\άΫΨΪX][Ϋ‚›ΩˆX\[‚“ZX[ZH\άΫΨΪX][Ϋ‚›Ωˆ‘PSΤ”Λ‘›ܚYHSΛ”™YΪ[ۘ[“Sː›Ψ\™و‘PSΤ”Λ”‘PSΤ”Θو\άΫΨΪX][Ϋ‚›ΩˆH[B™XXΪ\Λ”άXΩHΫΨ\ݐ\άΫΒ‘]Bš\Θ\œ›έšYY˜Ϋέ\\ήB›Ωˆά™X]\‚‘›ά›ά“]Y\™[B”‘PSΤ”Λ”‘PSΤ‚\άΫΨΪX][Ϋ‚›ΩˆX\[‚Ϋέ[KΫέ[K“ZX[ZH\άΫΨΪX][Ϋ‚›Ωˆ‘PSΤ”Λ“^H›ܚYH^B”™YΪ[ۘ[“˜\\\™XH˜\\›Ψ\™\™XB›Ωˆ‘PSΤ”Λ”‘PSΤ”Θ\άΫΨΪX][Ϋ‚H[H™XXΪ\Λ”άXΩBΫΨ\έ\άΫΨΪX][Ϋ‚›Ωˆ‘PS™Ω\Ψ\œ˜[›άˆέX\˜[YB˜XΨέ\˜XήB›Ωˆ[™›ά›X][Ϋ‹‚\Θ[™›ά›X][Ϋ‹‚’]\Θ™\άۜΪXš[]BH™\άۜΪXš[]B˜[žH܈^Y\‚™\šYžB˜[™[[™›ά›X][Ϋ‚ΘέXΪΫۜέ[Y\Έ &\Β™\έ]H˜[œΨXέ[Ϋ‹‚™Ω\Β››έ›έΨ\œ˜[›άˆέX\˜[YBHB˜XΨέ\˜XήB›Ωˆ\Β’]\ΘB›Ωˆ[žHΩ‚˜^Y\‚œΩ[\ˆ܈ΘΩ[\‚™\šYžHΘ[žB˜[™[žB˜[[™›ά›X][Ϋ‚œ™[]˜[Θ™[]˜[œέXΪΫۜέ[Y\Έ &\œ™X[\έ]H™X[˜[œΨXέ[Ϋ‹