FL ARCHIVED December 2017 | Page 135

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

County : Brevard

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
$ 289,900
1 %
16 %
Average List Price of all Current Listings
$ 390,667
2 %
11 %
December Median Sales Price
$ 225,000
7 %
7 %
22 %
25 %
$ 202,500
13 %
13 %
December Average Sales Price
$ 265,488
9 %
5 %
17 %
20 %
$ 245,803
11 %
11 %
Total Properties Currently for Sale ( Inventory )
2,795
-5%
-5%
December Number of Properties Sold
1,022
10 %
1 %
12,225
-1%
December Average Days on Market ( Solds )
56
14 %
8 %
14 %
4 %
50
-6%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 154
-3%
1 %
10 %
13 %
$ 148
10 %
9 %
December Sold Price per Square Foot
$ 139
4 %
2 %
12 %
16 %
$ 134
12 %
12 %
December Month ' s Supply of Inventory
2.7 -13% -12%
-5%
-10%
3.0
-2%
-2%
December Sale Price vs List Price Ratio
94.9 %
-. 3 %
-. 2 %
. 3 %
. 2 %
95.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400 December Property sales were 1,022 , up 0.7 % from 1,015 in
December of 2016 and 9.5 % higher than the 933 sales last 1,200 Property month . December Sales 2017 sales were at their highest level 1,400
December compared Property to December sales were of 2016 1,022 and , up 2015 0.7 %. from December 1,015 in YTD sales 1,000 December of 12,225 of are 2016 running and 9.5 1.4 % higher behind than last the year 933 ' s year-to-date sales last sales 1,200 month of 12,394 . December . 2017 sales were at their highest level
800 compared to December of 2016 and 2015 . December YTD sales 1,000 of 12,225 are running 1.4 % behind last year ' s year-to-date sales 600 of 12,394 .
800 400
600 200
400

Brevard Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
0
200 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
0 15 16
17 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
Prices Median Sales Price and Average Sales Price
15 16
17 3 Mo Avg
The Median Sales Price in December was $ 225,000 , up 21.6 % 300
Prices from $ 185,000 in December of 2016 and up 7.1 % from Median Sales Price and Average Sales Price
280
3 Mo Avg
The $ 210,000 Median last Sales month Price . in The December Average was Sales $ 225,000 Price in , up December 21.6 % was 300 from $ 265,488 $ 185,000 , up in 17.4 December % from $ of 226,046 2016 and in up December 7.1 % from of 2016 and up 260
280 $ 9.5 210,000 % from last $ 242,460 month . The last Average month . Sales December Price in 2017 December ASP was was at 240 $ 265,488 , up 17.4 % from $ 226,046 in December of 2016 and up
260
the highest level compared to December of 2016 and 2015 . 220 9.5 % from $ 242,460 last month . December 2017 ASP was at 240
200 the highest level compared to December of 2016 and 2015 . 220 180
200 160
180 140
160 120
140
100 120 100
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 15
16
17
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 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The December Total Inventory was 2,795 of , Properties down 4.7 % available from 2,933 for sale last as month of and
4,000 6.0
December down 4.8 was % from 2,795 2,935 , down in 4.7 December % from 2,933 of last last year month . December and 4,0003,500
6.0 5.0 down 20174.8 Inventory % from 2,935 was at in its December lowest level of last compared year . December with December 3,5003,000 5.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with December 3,0002,500 4.0 of 2016 and 2015 . 2,500
4.0 2,000
3.0
2,0001,500 3.0
A comparatively lower MSI is more beneficial for sellers while 1,500 a 2.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 2.0 higher MSI is better for buyers . The December 2017 MSI of 2.7 1,000 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 2.7 of 2016 500
1.0
1.0 months was at its lowest level compared with December of 2016 500 and 2015 .
0 0.0 and 2015 . 0
0.0 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
F M A J F M A M J
F M A M J J A S O N D 15
16 17
763 896 1,152 1,141 1,147 1,208 1,204 1,079 1,071 916 810 1,013 730 841 1,135 1,114 1,190 1,283 1,067 1,126 1,080 889 924 1,015 760 821 1,155 1,013 1,224 1,284 1,086 1,195 863 869 933 1,022
3,638 3,559 3,373 3,340 3,268 3,213 3,161 3,018 3,008
J
15
763 896
3,638
3,559 1,152 1,141
3,373 3,340
1,147 1,208
3,268 3,213
1,204 1,079 1,071
3,161 3,018 3,008
916
3,121 3,173 3,175 3,121 3,355
3,173 3,312 3,214 3,134 3,057
3,169
3,054 3,134
2,917 3,057
2,859 3,169
2,876 3,054
2,977 2,917
2,935 2,859
2,946 2,876
2,905 2,977
2,879 2,935
2,916 2,946 2,951 2,905
3,040 2,879 3,141 2,916 3,126
2,951 3,047
3,040 2,969
3,141 2,933 2,795
J A S O N D J 16
810
Number of Properties Sold
1,013
3,175
3,355 730 841
3,312
3,214 1,135 1,114 1,190 1,283 1,067 1,126 1,080
J A S O N D J
17
889 924 1,015 760 821 1,155 1,013 1,224
3 Mo Avg
1,284 1,086 1,195
3,126 3,047
863 869
2,969 2,933
3 Mo Avg
933
2,795
1,022
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 Assoc 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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