FL ARCHIVED August 2017 | Page 35

Market Action Report Community Information | School District Trending versus*: L3M PYM LY -3% 17% $534,691 Trending 1% versus*: 20% Month LM 0% L3M 3% PYM 11% LY $260,000 $369,000 -3% 1% 6% 17% 7% $300,589 $534,691 1% 20% 245 -1% -6% $260,000 0% 3% 11% 24% 79 -2% 16% $300,589 1% 6% 7% 21% 55 0% -4% -13% 245 -1% -6% $150 -4% -1% 8% 79 -2% 16% $152 11% 8% 17% 55 0% -4% -13% -24% $150 3.1 -4% 2% -1% 7% 8% -19% 7% $152 95.6% 11% 1.8% 8% .7% 17% .4% 23% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 3 Mo Avg 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 (MSI) Inventory & MSI 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI of Properties available for sale as of August The Total Inventory 450 The of Properties available for and sale down as of 6.1% August was Total 245, Inventory down 0.8% from 247 last month from 450 400 was down 0.8% from 247 August last month down 6.1% 261 245, in August of last year. 2017 and Inventory was from at its 400 350 261 in August of last year. with August 2017 of Inventory at its lowest level compared August 2016 and was 2015. 350 300 lowest level compared with August of 2016 and 2015. 300 250 250 200 200 A comparatively lower MSI is more beneficial for sellers while 150 a 150 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The August 2017 MSI of 3.1 100 100 higher MSI is better for buyers. The August 2017 MSI of 3.1 months was at its lowest level compared with August of 2016 50 50 months was at its lowest level compared with August of 2016 0 and 2015. 0 270 250 230 210 190 170 150 Median Sales 16 Price and Average Sales 17 Price 15 month. August 2017 ASP was at the highest level compared to August of 2016 and 2015. 14 350 330 310 290 270 250 230 210 190 170 150 Prices The Median Sales Price in August was $260,000, up 10.9% from Prices $234,500 in August of 2016 and equal to $260,000 last month. The Sales Price in August was was $260,000, up 10.9% from The Median Average Sales Price in August $300,589, up 6.7% from 350 $234,500 2016 equal to $260,000 last month. $281,765 in in August August of of 2016 and and up 0.7% from $298,544 last 330 The Average Sales Price in August was $300,589, up 6.7% from month. August 2017 ASP was at the highest level compared to 310 $281,765 in August of 2016 and up 0.7% from $298,544 last August of 2016 and 2015. 290 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 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 0 20 20 40 40 60 60 Number of Properties Sold 120 August Property sales were 79, up