Florida Market Viewpoint April 2017 - Page 161

Market Action Report County: Volusia Volusia County 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 $270,000 8% 23% Other $395,131 Trending 6% versus*: 26% Month LM L3M PYM LY $165,000 -3% 2% 10% $270,000 8% 23% $192,472 -5% 0% 12% $395,131 1,216 6% -8% 26% -25% $165,000 504 -3% -4% 2% 10% -1% 9% $192,472 -5% 0% 12% 8% 56 -18% -13% -19% 1,216 -8% -25% $135 -1% 3% 16% 504 -4% -1% $114 1% 3% 16% 56 -18% -13% -19% -15% 2.4 -4% -14% -25% $135 -1% 3% 16% 13% 96.3% .5% .5% 1.2% 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 $114 1% 3% 16% 2.4 -4% -14% -25% 96.3% .5% .5% 1.2% 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 600 April Property sales were 504, down 0.8% from 508 in April of 2016 and 4.0% lower than the 525 sales last month. April 2017 500 Property sales were Sales at their lowest level compared to April of 2016 and 600 April Property sales sales were of 504, down from 2.9% 508 in April of of last 2015. April YTD 1,790 are 0.8% running ahead 400 2016 and 4.0% lower sales than the 525 sales last month. April 2017 year's year-to-date of 1,740. 500 14 250 230 210 190 170 150 130 110 90 70 50 -3% 10% 9% -15% 1% 3 Mo Avg 3 Mo Avg 355 465 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 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 Inventory & MSI 2,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 7.0 The Total Inventory Inventory & MSI of Properties available for sale as of April 2,500 was Total 1,216, down 7.7% from 1,317 last month and as down 25.1% The Inventory of Properties available for sale of April from 1,624 in April last 1,317 year. last April 2017 Inventory was at its 2,500 was 1,216, down 7.7% of from month and down 25.1% 2,000 from 1,624 in April of last with year. April April of 2017 was at its lowest level compared 2016 Inventory and 2015. 1,000 A comparatively lower MSI is more beneficial for sellers while 1,000 a A higher comparatively lower MSI is more beneficial for sellers while a MSI is better for buyers. The April 2017 MSI of 2.4 500 higher MSI is better for buyers. April 2017 of 2.4 months was at its lowest level The compared with MSI April of 2016 and 500 months was at its lowest level compared with April of 2016 and 0 2015. 0 7.0 6.0 6.0 5.0 5.0 4.0 1,500 1,500 2015. 503 515 15 Prices lowest level compared with April of 2016 and 2015. 3% 8% -15% 8% 13% $131 16% 1,790 3% 13% $110 18% 64 -15% -3% -33% 3.1 -22% $131 16% 10% 1.2% 95.9% 2% 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 14 15 16 17 M J J A S O N D J F Median M A M J Sales J A S Price O N D and J F Average M A M J Sales J A S Price O N D J F M A 3 Mo Avg 0 190 170 150 130 110 90 70 50 0 100 $202,510 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 200 100 The Median Sales Price in April was $165,000, up 10.0% from Prices $149,950 in April of 2016 and down 2.9% from $169,900 last The Median Sales Price Sales in April was in $165,000, 10.0% from month. The Average Price April was up $192,472, up 250 $149,950 in April of 2016 2.9% and from $169,900 last 12.0% from $171,853 in and April down of 2016 down 5.0% from month. The last Average Sales Price in April up level 230 $202,510 month. April 2017 ASP was was $192,472, at the highest 210 12.0% from $171,853 in 2016 April and of 2016 and down 5.0% from compared to April of 2015. $162,500 1,790 15% $192,723 16% -15% 64 200 300 8% 8% 16% 300 400 $192,723 Number of Properties Sold sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 1,790 are running 2.9% ahead of last year's year-to-date sales of 1,740. Trending versus*: YTD Prior YTD 15% Prior Year $162,500 9% 8% 13% $110 18% 9% -33% 3.1 -22% -15% Number of 95.9% Properties 1.2% 2% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD Market Action Report County: Volusia April 2017 3.0 2.0 1.0 0.0 4.0 3.0 2.0 1.0 0.0 M J J A HHHHHHHHHBHHHHHHHHHHHBMMBMMŒMMB\YH[[\\Y[X[\]B[[\[]Y X[ܜ”XH[N[\B\\΂ђ Hۂ\YH[[\\Y[X[X[X[\]B[[\[]Y X[ܜŸXH[N[\B\\ΈђHۂMM˜[H\H\ B MB]BݚYY\\BوܙX]\]Y\[BPSԔPSԂ\X][ۂوX\[ZX[ZH\X][ۂوPSԔܚYHSY[ۘ[S\وPSԔPSԔو\X][ۂوH[BXX\XH\\‘]B\\œݚYY\\BوܙX]\ܝܝ]Y\[BPSԔPSԂ\X][ۂوX\[[K[KZX[ZH\X][ۂوPSԔ^HܚYH^BY[ۘ[\\\XH\\\\XBوPSԔPSԔ\X][ۂH[HXX\XB\\X][ۂوPS\\[܈X\[YBX\XBو[ܛX][ۋ\[ܛX][ۋ]\\ۜX[]BH\ۜX[]B[H܈^Y\\YB[[[ܛX][ۂXۜ[Y\&\™\]H[X[ۋ\›\[܈X\[YBHBX\XBو\’]\Bو[Hق^Y\[\܈[\\YH[B[[B[[ܛX][ۂ[][[][Xۜ[Y\&\œX[\]HX[[X[ۋ