Florida Market Viewpoint April 2017 - Page 209

Market Action Report City: Gulf Breeze Gulf Breeze Agent Name Title Phone Agent Name Website Title Other April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $348,900 14% 32% Other $504,976 Trending 4% versus*: 28% Month LM 1% L3M 7% PYM 19% LY $252,676 $348,900 14% -2% 0% 32% 3% $290,919 $504,976 293 4% -9% 28% -30% $252,676 1% 7% 19% 2% 12% 90 -11% $290,919 -2% 0% 3% 10% 74 -29% -17% -24% 293 -9% -30% $150 -7% -1% 10% 90 -11% 2% $131 -0% -1% 4% 74 -29% -17% -24% -17% 3.3 2% -21% -32% $150 -7% -1% 10% 13% 97.4% 2.3% 1.2% .4% 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 160 April Property sales were 90, up 2.3% from 88 in April of 2016 and 10.9% lower than the 101 sales last month. April 2017 sales 140 Property Sales were at a mid level compared to April of 2016 and 2015. April 160 120 April sales are were 90, up 2.4% 2.3% from April of 2016 YTD Property sales of 298 running ahead 88 of in last year's year-to- 140 and 10.9% lower than the 101 sales last month. April 2017 sales date sales of 291. 100 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 290 270 250 230 210 190 170 150 Inventory & MSI 14 350 330 310 290 270 250 230 210 190 170 150 0 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 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 300 A comparatively lower MSI is more beneficial for sellers while a 200 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 3.3 a 200 100 higher MSI is better for buyers. April 2017 of 3.3 months was at its lowest level The compared with MSI April of 2016 and 100 months 0 2015. was at its lowest level compared with April of 2016 and 2015. 17 14.0 300 16 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 available for sale as of April 600 was Total 293, Inventory down 9.0% from 322 last month The of Properties available for and sale down as of 30.4% April from 421 293, in April last from year. 322 April Inventory was at its from lowest 600 500 was down of 9.0% last 2017 month and down 30.4% 421 in April of last with year. April April of 2017 was at its lowest level compared 2016 Inventory and 2015. 500 400 level compared with April of 2016 and 2015. 400 15 14.0 12.0 12.0 10.0 10.0 8.0 Prices The Median Sales Price in April was $252,676, up 18.6% from Prices $213,000 in April of 2016 and up 1.1% from $249,900 last The Median Sales Price Sales in April was in $252,676, up $290,919, 18.6% from month. The Average Price April was up 3.4% 350 $213,000 in April in of April 2016 of and up 1.1% from $249,900 last from $281,272 2016 and down 2.0% from $296,980 330 month. The Average Sales Price in April was $290,919, up 3.4% last month. April 2017 ASP was at the highest level compared to 310 from $281,272 in April of 2016 and down 2.0% from $296,980 April of 2016 and 2015. 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 0 20 20 40 40 60 60 80 3 Mo Avg 80 100 3 Mo Avg Number of Properties Sold 120 were at a mid level compared to April of 2016 and 2015. April YTD sales of 298 are running 2.4% ahead of last year's year-to- date sales of 291. 0% 14% 9% -0% -0% $131 -0% -1% 4% 8% $132 11% 9% 3.3 2% -21% -32% -28% 4.5 -28% -0% Number of 96.2% Properties 97.4% 2.3% 1.2% .4% 1.0% -1% Sold -0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Sale Price vs List Price Ratio April Sold Price per Square Foot April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sold Price per Square Foot April Average Days on Market (Solds) April Number of Properties Sold Asking Price per Square Foot (based on New Listings) 11% 2% 5% 298 14% 89 -14% 10% 13% $152 16% 298 2% 8% $132 11% 89 -14% 0% -28% 4.5 -28% $152 16% 14% 1.0% 96.2% -1% 42 April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) $237,000 $291,420 -17% April Average Sales Price 100 April Sales Price April Median Number of Properties Sold Trending versus*: Prior YTD 11% Prior Year 5% 12% YTD $237,000 10% $291,420 14% 10% 84 Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Trending versus*: Prior YTD Prior Year YTD 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 Listings Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Market Action Report City: Gulf Breeze April 2017 6.0 4.0 2.0 0.0 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 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 16 17 c o l dw el l b a n k er h o m es . c o m | 209 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of RE 1Q=IL°)±½É¥‘„51L°)I•¥½¹…°)51L°) ½…ɐ½˜I1Q=IL°)I1Q=IL½˜Íͽ¥…Ñ¥½¸)½˜Ñ¡”A…±´) •…¡•Ì°)MÁ…” ½…ÍÐ)ÍÌ)…Ñ„)¥Ì¥Ì)Áɽ٥‘•)½ÕÉѕÍä)½˜ɕ…Ñ•È)½ÉЁ½ÉÐ)1…Õ‘•É‘…±”)I1Q=IL°)I1Q=H)Íͽ¥…Ñ¥½¸)½˜5…ÉÑ¥¸) ½Õ¹Ñ䰁 ½Õ¹Ñä°)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)5䁱½É¥‘„5ä)I•¥½¹…°)9…Á±•Ì)ɕ„9…Á±•Ì) ½…ɐɕ„)½˜I1Q=IL°)I1Q=ILÍͽ¥…Ñ¥½¸)Ñ¡”A…±´ •…¡•Ì°)MÁ…”) ½…ÍЁÍͽ¥…Ñ¥½¸)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¸¸