FL ARCHIVED August 2017 | Page 205

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

City : Gulf Breeze

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
$ 339,990
1 %
16 %
Average List Price of all Current Listings
$ 529,858
6 %
19 %
August Median Sales Price
$ 247,250
-7%
1 %
7 %
9 %
$ 244,500
11 %
8 %
August Average Sales Price
$ 275,755
-8%
-9%
5 %
4 %
$ 298,357
14 %
12 %
Total Properties Currently for Sale ( Inventory )
293 -15%
-9%
August Number of Properties Sold
104
13 %
11 %
710
-5%
August Average Days on Market ( Solds )
62
-6%
2 %
-14% -30%
73
-22%
-18%
Asking Price per Square Foot ( based on New Listings )
$ 149
-6%
-1%
16 %
12 %
$ 151
16 %
14 %
August Sold Price per Square Foot
$ 133
-4%
-4%
10 %
9 %
$ 135
13 %
11 %
August Month ' s Supply of Inventory
2.8 -24% -11% -18% -36%
3.9
-16%
-12%
August Sale Price vs List Price Ratio
97.5 %
. 2 %
. 5 %
1.8 % 1.1 %
96.7 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Gulf Breeze

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
160
August Property sales were 104 , up 10.6 % from 94 in August of
2016 and 13.0 % higher than the 92 sales last month . August
140
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to August of
August
2016 and Property 2015 . sales August were YTD 104 , sales up 10.6 of % 710 from are 94 running August 4.6 % of
2016 behind and last 13.0 year % higher ' s year-to-date than the 92 sales sales of last 744 month . . August
2017 sales were at their highest level compared to August of
2016 and 2015 . August YTD sales of 710 are running 4.6 % behind last year ' s year-to-date sales of 744 .
160
140
120
100
120
100
80
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 $ 247,250 , up 6.8 % from Prices
$ 231,513 in August of 2016 and down 6.5 % from $ 264,450 last
The month Median . The Sales Average Price Sales in August Price was in August $ 247,250 was , up $ 6.8 275,755 % from , up
350
$
5.0 231,513 % from in August $ 262,664 of 2016 in August and down of 2016 6.5 % and from down $ 264,450 7.6 % from last month . The Average Sales Price in August $ 275,755 , up
330
$ 298,569 last month . August 2017 ASP was at the highest level
5.0 % from $ 262,664 in August of 2016 and down 7.6 % from
310 compared to August of 2016 and 2015 .
$ 298,569 last month . August 2017 ASP was at the highest level
290 compared to August of 2016 and 2015 .
270
250
230
210
190
170
150
S
O N D
J
F M A M
Median J
J A S OSales N D JPrice F M Aand M JAverage
J
A S O Sales N D
J Price
F M A M J
J
A
14
15
16
17
3 Mo Avg
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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
The was Total 293 , Inventory down 14.6 of % Properties from 343 available last month for and sale down as of August 9.0 % from was 322293 in , August down 14.6 of last % from year 343 . August last month 2017 and Inventory down 9.0 was % from at its
600
600
500
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
322 lowest in August level compared of last year with . August August 2017 of Inventory 2016 and was 2015 at . its
500 lowest level compared with August of 2016 and 2015 .
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
200 higher MSI is better for buyers . The August 2017 MSI of 2.8 higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of 2.8 of 2016
100 months and 2015 was
. at its lowest level compared with August of 2016 and 2015 .
0
12.0
400
10.0
300
8.0
200
6.0
4.0
100
2.0
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
10.0
8.0
6.0
4.0
2.0
0.0
64 55 54 64 44 58 83 113 104 109 100 84 73 81 50 62 42 72 87 88 108 143 110 94 104 74 68 62 54 53 101 95 99 112 92 104
507 524
64 507 518
55 524
503 54 64 44 58 83 113 104
554
518
529
503
511
554
490
529
510
511
467
490
451
510
467 109
441 416
100
Number of Properties Sold
84 73 81 50 62 42 72 87 88 108
451 407
441 390
416 389
407
397 418
390
412 389
411 397
372 418
358 412
346 411
322 372
302 358
310 346
288 322
286 302 307
310 313 288 327 286 322 307 344 313
325 327
343 322
293 344
143 110 94 104 74 68 62 54 53 101 95
325 99 343
3 Mo Avg
112
293 92 104
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 .
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