FL ARCHIVED August 2017 | Page 201

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

City : Niceville

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
$ 397,750
10 %
21 %
Average List Price of all Current Listings
$ 422,995
4 %
14 %
August Median Sales Price
$ 310,000
11 %
3 %
11 %
6 %
$ 295,000
-2%
1 %
August Average Sales Price
$ 371,558
25 %
11 %
26 %
18 %
$ 326,092
3 %
4 %
Total Properties Currently for Sale ( Inventory )
145
-8%
-31%
August Number of Properties Sold
77 -13%
8 %
574
10 %
August Average Days on Market ( Solds )
58
4 %
4 %
-28% -18%
61
-13%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 163
-5%
3 %
7 %
11 %
$ 157
7 %
7 %
August Sold Price per Square Foot
$ 160
10 %
4 %
12 %
14 %
$ 152
8 %
8 %
August Month ' s Supply of Inventory
1.9
7 %
8 %
-37% -51%
2.9
-31%
-25%
August Sale Price vs List Price Ratio
96.8 %
. 1 %
-. 6 %
. 3 %
. 7 %
97.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
August Property sales were 77 , up 8.5 % from 71 in August of
2016 and 13.5 % lower than the 89 sales last month . August
Property
2017 sales Sales were at their highest level compared to August of
120
100
August
2016 and Property 2015 . sales August were YTD 77 , up sales 8.5 % of from 574 are 71 running August 9.8 of %
2016 ahead and of 13.5 last % year lower ' s year-to-date than the 89 sales last of 523 month . . August
2017 sales were at their highest level compared to August of
100
80
2016 and 2015 . August YTD sales of 574 are running 9.8 % ahead of last year ' s year-to-date sales of 523 .
80
60
60
40
40

Niceville

Agent Name
20
Number of Properties Sold
20 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 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in August was $ 310,000 , up 10.8 % from 400
Prices $ 279,900 in August of 2016 and up 10.8 % from $ 279,900 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in August Price was in August $ 310,000 was , up $ 371,558 10.8 % from , up
380
400 $ 26.3 279,900 % from in August $ 294,112 of 2016 in August and up of 10.8 2016 % from and up $ 279,900 24.7 % from last 360 month . The Average Sales Price in August $ 371,558 , up
380
$ 297,948 last month . August 2017 ASP was at the highest level 340 26.3 % from $ 294,112 in August of 2016 and up 24.7 % from 360 compared to August of 2016 and 2015 .
320
$ 297,948 last month . August 2017 ASP was at the highest level 340 300 compared to August of 2016 and 2015 . 320
280 300
260 280
240 260
220
240 220
200
200 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
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 145 , Inventory down 7.6 % of from Properties 157 last available month for and sale down as of 31.3 August % from 350
10.0 was 211145 in , August down 7.6 of % last from year 157 . August last month 2017 and Inventory down 31.3 was % from at its 350 300 10.0
8.0 211 lowest in August level of compared last year . with August August 2017 of Inventory 2016 and was 2015 at . its 300
250 8.0 lowest level compared with August of 2016 and 2015 . 250
200 6.0
200 6.0
150 4.0
A comparatively lower MSI is more beneficial for sellers while 150 a 100 4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial August for 2017 sellers MSI while of 1.9 a 100 2.0 higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of 1.9 of 2016 50
2.0 months was at its lowest level compared with August of 2016 50 and 2015 . 0
0.0 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 15
16 17
14 15 16
17
53 63 41 59 31 36 72 77 77 97 104 73 57 43 26 54 26 48 68 61 76 106 67 71 71 65 55 50 34 45 71 66 82 110 89 77
309 307
53 309 288
63 307 278
41
Title Phone Website Other

Community Information | School District

59 31 36 72 77 77
281 288
254 278
266 281
280 254
273 266 269 280
249
273 269
97
248 236
104
Number of Properties Sold
73 57 43 26 54 26 48 68 61 76
3 Mo Avg
249 228
248 231
236 219
228
222 227
231
233 219
222 256
241 227
253 233
246 256
211 241
202 253
196 246
187 211
169 202 196 196
189
187 198 169 188
196 176
189 175
198 157
188 145
176
106 67 71 71 65 55 50 34 45 71 66
175 82 157
3 Mo Avg
110
145 89 77
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 Ass 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 201