FL ARCHIVED August 2017 | Page 11

Market Action Report August 2017
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report August 2017

Phone Community Information | School District

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
$ 256,900
12 %
21 %
Average List Price of all Current Listings
$ 319,295
8 %
26 %
August Median Sales Price
$ 213,000
3 %
1 %
12 %
16 %
$ 205,000
14 %
12 %
August Average Sales Price
$ 229,422
3 %
-1%
12 %
14 %
$ 227,120
15 %
13 %
Total Properties Currently for Sale ( Inventory )
221
-1%
-4%
August Number of Properties Sold
105 -13%
-4%
860
11 %
August Average Days on Market ( Solds )
33
6 %
-8% -27% -38%
40
-23%
-25%
Asking Price per Square Foot ( based on New Listings )
$ 126
2 %
2 %
12 %
13 %
$ 121
10 %
8 %
August Sold Price per Square Foot
$ 119
1 %
1 %
9 %
11 %
$ 116
10 %
8 %
August Month ' s Supply of Inventory
2.1
13 %
12 %
-1%
-11%
2.0
-15%
-14%
August Sale Price vs List Price Ratio
97.8 %
. 5 %
. 4 %
. 7 %
1.4 %
97.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
160
August Property sales were 105 , down 3.7 % from 109 in August of 2016 and 12.5 % lower than the 120 sales last month . August
140
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at a mid level compared to August of 2016 and
160
August
2015 . Property August YTD sales sales were of 105 860 , down are 3.7 running % from 10.7 109 % in ahead August of last of 2016 and 12.5 % lower than the 120 sales last month . August
140 year ' s year-to-date sales of 777 .
120
100
2017 sales were at a mid level compared to August of 2016 and
2015 . August YTD sales of 860 are running 10.7 % ahead of last
120
80
year ' s year-to-date sales of 777 .
100
60
80
40
60
20
40
0
20
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
0
14
15
16
17
Prices
The Median Sales Price in August was $ 213,000 , up 12.1 % from
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
Median Sales Price and Average Sales Price
14
15
16
17
J
A
3 Mo Avg
Prices
$ 190,000 in August of 2016 and up 2.9 % from $ 207,000 last
The month Median . The Sales Average Price Sales in August Price was in $ August 213,000 was , up $ 12.1 229,422 % from , up
$
12.2 190,000 % from in August $ 204,499 of 2016 in August and up of 2.9 2016 % from and $ up 207,000 2.8 % from last
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 223,128 . The last Average month Sales . August Price in 2017 August ASP was $ at 229,422 the highest , up level
12.2 % from $ 204,499 in August of 2016 and up 2.8 % from
220 compared to August of 2016 and 2015 .
$ 223,128 last month . August 2017 ASP was at the highest level
200
200
180
compared to August of 2016 and 2015 .
180
160
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of August The was Total 221 , Inventory down 1.3 % of from Properties 224 last available month for and sale down as of 4.3 August % from was 231221 in , August down 1.3 of % last from year 224 . August last month 2017 and Inventory down 4.3 was % from at its 400 231 lowest in August level compared of last year . with August August 2017 of Inventory 2016 and was 2015 at . its 350 lowest level compared with August of 2016 and 2015 .
300 250
200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
August for 2017 sellers
MSI while of 2.1 a higher MSI is better for buyers . The August 2017 MSI of 2.1
100 months was at its lowest level compared with August of 2016 months was at its lowest level compared with August of 2016 50 and 2015 . and 2015 .
0
160 140 120 100
91 87 97 108 72 91 105 105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 109 98 87 110 93 75 94 111 103 115 137 120 105
140 120
100
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
O
14 N D
J 15
F
M15 A M J
J
A S O N D
J 16
F
M16 A M J
J
A S O N D
J 17
F M A17M J
J
A
400 350 300
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
379 338 343
346 338
292 343
288 346
288 292 314
288 291 288
280 314
300 291
272 280
268 300
273
272 262 265
268
242 273
225 262
227 265
214 242
221 225
215 227
231 214
231 221
235 215
230 231 223 231
211 235
211 230
203 223
199
211 203
211 218 230
203
224 199
221 203
218
250 200 150 100 50 0
S 14
91
379 87 97
Title
Website Other
108 72 91 105 105 80 110 126 99 90 91 82 101
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 O N D J F M A 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
14 15
15 16
16 17
17
65 89 106 99 113 98 98 109 98 87 110 93 75 94 111 103 115
4.5 4.0 3.5 3.0 2.5
230 137
224 120
221
2.0
1.5
1.0
0.5
0.0
F M A M J
J
A
105
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con c o l d w e l l b a n k e r h o m e s . c o m | 11
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 .