Florida Market Viewpoint April 2017 - Page 195

Market Action Report Pensacola Beach Agent Name Market Action Report Title Phone Agent Name Website Title Other April 2017 Community Information | School District City: Pensacola Beach 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 $634,450 7% 19% Other $790,910 Trending 5% versus*: 14% Month LM 37% L3M 22% PYM 31% LY $520,000 $634,450 7% 8% 3% 19% 12% $513,632 $790,910 110 5% -11% 14% -37% $520,000 37% 22% 31% -7% 21% 25 -19% $513,632 144 8% -13% 3% -7% 12% 30% 5% 110 -11% -37% $341 2% -1% -10% 25 -19% -7% $330 13% 7% 9% 144 -13% -7% 30% -3% 4.4 10% -6% -32% $341 2% -1% -10% 1% 93.6% -.7% .1% -.7% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales 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 $330 13% 7% 9% 4.4 10% -6% -32% 93.6% -.7% .1% -.7% * 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 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 35 April Property sales were 25, down 7.4% from 27 in April of 2016 and 19.4% lower than the 31 sales last month. April 2017 30 Property sales were Sales at a mid level compared to April of 2016 and 2015. 35 April sales 25, running down 7.4% from 27 in of April April Property YTD sales of were 96 are 35.2% ahead last of year's year- 25 2016 and sales 19.4% of lower 30 to-date 71. than the 31 sales last month. April 2017 20 sales were at a mid level compared to April of 2016 and 2015. $477,395 last month. April 2017 ASP was at a mid range compared to April of 2016 and 2015. 550 500 450 400 350 300 250 200 Inventory & MSI 150 A comparatively lower MSI is more beneficial for sellers while 100 a A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 4.4 a higher MSI is better for buyers. The April 2017 MSI of 4.4 months was at its lowest level compared with April of 2016 and 50 months 2015. was at its lowest level compared with April of 2016 and 0 2015. 3 Mo Avg 3 Mo Avg 25 14 16 21 15 700 650 600 550 500 450 400 350 300 250 200 3 Mo Avg 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 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 200 10% $309 5% 3% -52% 5.2 -47% -44% Number of 93.5% Properties .3% 0% Sold 0% 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 The Total Inventory Inventory & MSI of Properties available for sale as of April 250 was Total 110, Inventory down 11.3% from 124 last month The of Properties available for and sale down as of 37.1% April from 175 110, in April last year. April Inventory was at its from lowest 250 was down of 11.3% from 124 last 2017 month and down 37.1% 200 175 in April of last with year. April April of 2017 Inventory was at its lowest level compared 2016 and 2015. level compared with April of 2016 and 2015. 5% 2% 3% -44% 0% 150 100 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 Prices The Median Sales Price in April was $520,000, up 30.7% from Prices $398,000 in April of 2016 and up 36.9% from $379,900 last The Median Sales Price Sales in April was in $520,000, 30.7% from month. The Average Price April was up $513,632, up 700 $398,000 in April of 2016 and up from up $379,900 last 12.5% from $456,617 in April of 36.9% 2016 and 7.6% from 650 month. The Average Sales Price in April was $513,632, up $477,395 last month. April 2017 ASP was at a mid range 600 12.5% from $456,617 in April of 2016 and up 7.6% from compared to April of 2016 and 2015. 0 0 35% -1% 10% 2% -1% 5% 5% -47% 2% 0% 5 5 0% 96 3% 155 1% $346 96 35% 10% $309 155 10% -52% 5.2 $346 -1% .3% 93.5% 10 10 $425,000 $500,212 -3% Number of Properties Sold 15 Trending versus*: Prior YTD 0% Prior Year -1% 21% YTD $425,000 5% $500,212 3% 2% 15 April YTD sales of 96 are running 35.2% ahead of last year's year- 25 to-date sales of 71. 20 Trending versus*: Prior YTD Prior Year YTD City: Pensacola Beach April 2017 50 0 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 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 O N D J F M A 14 15 16 17 14 15 16 17 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es . c o m | 195 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Ass Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association )½˜I0)‘½•Ì)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)…ÕɅä)½˜¥¹™½Éµ…Ñ¥½¸¸)Ñ¡¥Ì¥¹™½Éµ…Ñ¥½¸¸)%Ё¥ÌÉ•ÍÁ½¹Í¥‰¥±¥Ñä)Ñ¡”É•ÍÁ½¹Í¥‰¥±¥Ñä)…¹ä½È‰Õå•È)ٕɥ™ä)…¹…±°¥¹™½Éµ…Ñ¥½¸)ѼÍՍ ½¹ÍÕµ•ËŠeÌ)•ÍхєÑɅ¹Í…Ñ¥½¸¸)‘½•Ì)¹½Ð¹½Ð)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”Ñ¡”)…ÕɅä)½˜Ñ¡¥Ì)%Ё¥ÌÑ¡”)½˜…¹ä½˜)‰Õå•È)͕±±•È½ÈÑ¼Í•±±•È)ٕɥ™äÑ¼…¹ä)…¹…¹ä)…±°¥¹™½Éµ…Ñ¥½¸)ɕ±•Ù…¹ÐÑ¼É•±•Ù…¹Ð)ÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÉ•…°)ÑɅ¹Í…Ñ¥½¸¸