FL ARCHIVED August 2017 | Page 17

Market Action Report August 2017
Community Information | School District
Market Action Report August 2017

County : Pasco

Price Range : All | Properties : SFH - Con
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
$ 248,000
3 %
21 %
Average List Price of all Current Listings
$ 286,312
4 %
18 %
August Median Sales Price
$ 191,750
-2%
0 %
12 %
18 %
$ 181,000
15 %
12 %
August Average Sales Price
$ 208,136
1 %
2 %
13 %
16 %
$ 195,747
12 %
9 %
Total Properties Currently for Sale ( Inventory )
2,284
-7%
-10%
August Number of Properties Sold
1,012
-3%
2 %
7,819
4 %
August Average Days on Market ( Solds )
48
4 %
-6% -17% -24%
55
-14%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 117
-2%
1 %
14 %
14 %
$ 113
13 %
10 %
August Sold Price per Square Foot
$ 109
1 %
2 %
13 %
16 %
$ 104
13 %
11 %
August Month ' s Supply of Inventory
2.3
-4%
0 %
-12% -26%
2.7
-12%
-13%
August Sale Price vs List Price Ratio
95.5 %
. 0 %
-. 1 % -. 4 %
. 8 %
95.3 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
August Property sales were 1,012 , up 2.4 % from 988 in August
of 2016 and 2.7 % lower than the 1,040 sales last month . August
1,200
Property
2017 sales Sales were at their highest level compared to August of
1,400
August
2016 and Property 2015 . sales August were YTD 1,012 sales , up 2.4 of 7,819 % from are 988 running August 3.7 % of ahead
2016 of and last
2.7 year % lower
' s year-to-date than the 1,040 sales sales of 7,540 last month .
. August
2017 sales were at their highest level compared to August of
1,000
1,200
800
2016 and 2015 . August YTD sales of 7,819 are running 3.7 %
1,000
ahead of last year ' s year-to-date sales of 7,540 .
800
600
600
400
400
200

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
0
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 $ 191,750 , 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
$ 171,023 in August of 2016 and down 1.7 % from $ 195,000 last
240
The month Median . The Sales Average Price Sales in August Price was in August $ 191,750 was , up $ 12.1 208,136 % from , up
$
13.4 171,023 % from in August $ 183,577 of 2016 in August and down of 2016 1.7 % and from up $ 195,000 0.8 % from last
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 206,511 . The last Average month Sales . August Price 2017 in August ASP was $ at 208,136 the highest , up level
13.4 % from $ 183,577 in August of 2016 and up 0.8 % from
220
200 compared to August of 2016 and 2015 .
$ 206,511 last month . August 2017 ASP was at the highest level
200
180
compared to August of 2016 and 2015 .
180
160
160 140
140 120
120 100
100
807 843 753 872
807 843 753 872 654 721 932 935 1,007 1,112 1,053 970 871 871 790 916 681 760 998 1,041 1,051 1,046 975 988 895 792 802 912 670 754 1,044 1,001 1,134 1,164 1,040 1,012
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
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of August
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 2,284 Inventory , down 7.0 of % Properties from 2,455 available last month for sale and as down of August 10.3 %
4,500 was from 2,284 2,545 , down in August 7.0 % from of last 2,455 year last . August month 2017 and down Inventory 10.3 % was at
4,5004,000
7.0 from its lowest 2,545 level in August compared of last with year . August of 2017 2016 Inventory and 2015 was . at
4,0003,500
6.0 its lowest level compared with August of 2016 and 2015 .
3,5003,000
5.0
3,0002,500
2,500
4.0
2,000
2,000
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,500 higher MSI is better for buyers . The August 2017 MSI of 2.3
1,000
2.0 higher MSI is better for buyers . The August 2017 MSI of 2.3
1,000 months was at its lowest level compared with August of 2016
500 months was at its lowest level compared with August of 2016
500
1.0 and 2015 .
0 and 2015 .
0
0.0
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 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
14
15
15
16
16
17
17
654 721 932 935 1,007
3,938 3,938 3,853 3,746 3,778 3,727 3,619 3,575 3,534 3,386 3,334 3,274 1,112 1,053
Number of Properties Sold
970 871 871 790 916 681 760 998 1,041
3,177 3,078 3,072 3,008 3,007 2,945 2,889 2,797 2,628 2,663 2,587 2,545 1,051 1,046 975 988 895 792 802 912 670
3 Mo Avg
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
14
15
16
17
3,938 3,938 3,853 3,746 3,778 3,727 3,619 3,575 3,534 3,386 3,334 3,274 3,177 3,078 3,072 3,008 3,007 2,945 2,889 2,797 2,628 2,663 2,587 2,545
754 1,044
2,612 2,624 2,648 2,579 2,627 2,583 2,612 2,472 2,455 2,480 2,455 2,284 1,001 1,134
2,612 2,624 2,648 2,579 2,627 2,583 2,612 2,472 2,455 2,480
3 Mo Avg
1,164 1,040
2,455 2,284
1,012
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 .
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