FL ARCHIVED August 2017 | Page 60

Market Action Report August 2017
Phone Community Information | School District

City : Osprey

Price Range : All | Properties : SFH - Con

Osprey

Agent Name
Market Action Report August 2017

Phone Community Information | School District

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
$ 590,096
4 %
3 %
Average List Price of all Current Listings
$ 987,906
7 %
-10%
August Median Sales Price
$ 420,000
-0%
9 %
39 %
-1%
$ 400,000
-5%
-6%
August Average Sales Price
$ 488,097
-21% -2%
11 %
0 %
$ 475,631
-3%
-2%
Total Properties Currently for Sale ( Inventory )
151 -12%
-1%
August Number of Properties Sold
25
9 %
25 %
205
9 %
August Average Days on Market ( Solds )
192
73 %
35 %
68 %
81 %
124
13 %
17 %
Asking Price per Square Foot ( based on New Listings )
$ 194
-19% -14% -8%
-20%
$ 242
-2%
0 %
August Sold Price per Square Foot
$ 203
-15%
1 %
10 %
5 %
$ 195
2 %
1 %
August Month ' s Supply of Inventory
6.0 -19% -4% -21% -29%
9.3
20 %
9 %
August Sale Price vs List Price Ratio
90.8 % 1.3 % 1.0 % -. 8 % -1.5%
91.3 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
45
August Property sales were 25 , up 25.0 % from 20 in August of
2016 and 8.7 % higher than the 23 sales last month . August 2017
40
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their highest level compared to August of 2016 and
45
35
August
2015 . Property August YTD sales sales were of 25205 , up 25.0 are running % from 20 9.0 in % August ahead of last
2016 and 8.7 % higher than the 23 sales last month . August 2017
40 year ' s year-to-date sales of 188 .
30
sales were at their highest level compared to August of 2016 and
35
25
2015 . August YTD sales of 205 are running 9.0 % ahead of last year ' s year-to-date sales of 188 .
30
20
25
15
20
10
15
5
10
0
5
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
The Median Sales Price in August was $ 420,000 , up 39.2 %
900
Prices from $ 301,675 in August of 2016 and down 0.1 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 420,300 Median last Sales month Price . in The August Average was $ Sales 420,000 Price , up in 39.2 August % was
900
800 from
$ 488,097 $ 301,675 , up in 10.8 August % from of 2016 $ 440,710 and down in August 0.1 % from of 2016 and down
$
21.4 420,300 % from last $ month 620,767 . The last Average month . Sales August Price 2017 in August ASP was at the
800
700
3 Mo Avg
$ highest 488,097 level , up 10.8 compared % from to $ 440,710 August in of August 2016 and of 2016 2015 and . down
21.4 % from $ 620,767 last month . August 2017 ASP was at the
700
600
highest level compared to August of 2016 and 2015 .
600
500
500 400
400 300
26 16 9
300
200
200
S
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
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
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 151 , Inventory down 12.2 of % Properties from 172 last available month for and sale down as of 1.3 August % from was 153151 in , August down 12.2 of last % from year 172 . August last month 2017 and Inventory down 1.3 was % from at a mid
250
153 level in August compared of last with year August . August of 2016 2017 and Inventory 2015 . was at a mid
200 level compared with August of 2016 and 2015 .
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
25.0
20.0
15.0
150
15.0
100
10.0
A comparatively lower MSI is more beneficial for sellers while
100 a
10.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial August for 2017 sellers MSI while of 6.0 a higher months MSI was is better at a mid for level buyers compared . The August with 2017 August MSI of of 2016 6.0 and months
2015 . was at a mid level compared with August of 2016 and
2015 .
50
0
50
5.0
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
5.0
0.0
155
26 16
167
175 155
188 167 9
Title
Website Other
11 12 14 23
189 175
186 188
193 189
188 186
174 193
27 36 32
133
133 36 25
Number of Properties Sold
23 23 15 18 15 25 30 24
11 12 14 23 27 36 32 36 25 23 23 15 18 15 25 30 24 33 22 19 20 20 13 27 13 9 19 23 41 31 34 23 25
157 188
150
174 157 150
136 133 161 133 156 136 184 161 191
156 188
172 184
166 191
164 188
163 172
153 166
151 164
155 163
176 153
151 184 155
208 219
176 219 184 201
208 197
219 180
219 172
201 151
197
33 22 19 20 20 13 27 13 9 19 23 41
180 31
172
3 Mo Avg
34
151 23 25
60 | c o l d w e l l b a n k e r h o m e s . c o m
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 .