FL ARCHIVED August 2017 | Page 191

Market Action Report Pensacola Beach Agent Name Market Action Report Title Phone Agent Name Website Title Other August 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 $595,000 0% 5% Other $731,412 Trending -0% versus*: 7% Month LM -19% L3M -10% PYM -5% LY $420,500 $595,000 0% 13% -1% 5% 23% $612,781 $731,412 109 -0% -6% 7% -35% $420,500 -19% -10% -5% -2% 16 -16% -27% $612,781 13% -1% 23% 25% 58 -30% -50% -59% 109 -6% -35% $366 8% 3% 18% 16 -16% -27% $330 -7% -1% 6% 58 -30% -50% -59% -61% 6.8 12% 17% -10% $366 8% 3% 18% 9% 93.8% -1.3% -.1% 1.1% Average List Price of all Current Listings Market Trends August Profile Median & Sales Price Overview Median Price of all Current August List Average Sales Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) August Sales Price August Median Number of Properties Sold August Average Sales Price August Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) August Number of Properties Sold August Sold Price per Square Foot August Average Days on Market (Solds) August Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) August Sale Price vs List Price Ratio August Sold Price per Square Foot $330 -7% -1% 6% 6.8 12% 17% -10% 93.8% -1.3% -.1% 1.1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date August Month's Supply of Inventory August 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 August Property sales were 16, down 27.3% from 22 in August of 2016 and 15.8% lower than the 19 sales last month. August 2017 30 Property sales were Sales at their lowest level compared to August of 2016 and 35 August sales sales were of 16, 188 down from 22 in ahead August of of last 25 2015. Property August YTD are 27.3% running 32.4% 2016 and 15.8% lower sales than of the 142. 19 sales last month. August 2017 30 year's year-to-date 20 sales were at their lowest level compared to August of 2016 and 12.6% from $544,158 last month. August 2017 ASP was at the highest level compared to August of 2016 and 2015. 550 500 450 400 350 300 250 200 Inventory & MSI 14 100 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively lower MSI is more The beneficial for 2017 sellers while a MSI is better for buyers. August MSI of 6.8 higher MSI is better for level buyers. The August MSI of of 2016 6.8 and 50 months was at a mid compared with 2017 August months 2015. was at a mid level compared with August of 2016 and 0 2015. 3 Mo Avg 16 11 16 3 Mo Avg 17 Median Sales Price and Average Sales Price 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 S O 14 N D J F 15 M A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 M J J A 14 15 16 17 Total Inventory & Month's Supply of Inventory (