FL ARCHIVED December 2017 | Page 17

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

County : Pasco

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
$ 239,000
4 %
14 %
Average List Price of all Current Listings
$ 275,544
0 %
11 %
December Median Sales Price
$ 195,450
-2%
0 %
12 %
21 %
$ 185,000
14 %
14 %
December Average Sales Price
$ 214,297
2 %
2 %
11 %
20 %
$ 200,160
12 %
12 %
Total Properties Currently for Sale ( Inventory )
2,299
-6%
-11%
December Number of Properties Sold
930
9 %
2 %
11,253
3 %
December Average Days on Market ( Solds )
56
4 %
4 %
-5%
-11%
55
-13%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 118
-2%
1 %
8 %
15 %
$ 114
12 %
11 %
December Sold Price per Square Foot
$ 112
3 %
2 %
12 %
20 %
$ 106
13 %
13 %
December Month ' s Supply of Inventory
2.5 -13%
-9%
-13% -19%
2.7
-10%
-10%
December Sale Price vs List Price Ratio
95.7 %
. 1 %
. 1 %
. 8 %
1.0 %
95.4 %
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 930 , up 1.9 % from 913 in December of 2016 and 8.9 % higher than the 854 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 930 , and up 1.9 2015 % from . December 913 in YTD sales 1,000 December of 11,253 of are 2016 running and 8.9 2.8 % higher ahead than of last the year 854 ' s sales year-to-date last sales 1,200 month of 10,944
. December .
2017 sales were at their highest level
800 compared to December of 2016 and 2015 . December YTD sales 1,000 of 11,253 are running 2.8 % ahead of last year ' s year-to-date sales 600 of 10,944 .
800 400
600

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

200 400
Number of Properties Sold
200
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
0
15
16
17
Prices
The Median Sales Price in December was $ 195,450 , up 11.7 %
J
F M A M J
15
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
Median Sales Price and Average Sales Price
16
17
3 Mo Avg
Prices from $ 175,000 in December of 2016 and down 2.2 % from
240
The
$ 199,900 Median last Sales month Price . in The December Average was Sales $ 195,450 Price in , up December 11.7 % was from
$ 214,297 $ 175,000 , up 11.1 in December % from $ of 192,899 2016 and in December down 2.2 % of from 2016 and up
220
240
Median Sales Price and Average Sales Price
3 Mo Avg
$
1.7 199,900 % from last $ 210,811 month . last The month Average . December Sales Price 2017 in December ASP was was at the
$ 214,297 , up 11.1 % from $ 192,899 in December of 2016 and up
220
200 highest level compared to December of 2016 and 2015 .
1.7 % from $ 210,811 last month . December 2017 ASP was at the
200
180
highest level compared to December of 2016 and 2015 .
180
160
160 140
140 120
120 100
100
654 721 932 935 1,007 1,113 1,054 970 871 871 790 916 681 760 998 1,041 1,052 1,046 975 988 896 792 802 913 670 754 1,045 1,001 1,134 1,163 1,041 1,014 800 847 854 930
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
The
December Total Inventory was 2,299 of , Properties down 5.7 % available from 2,438 for sale last as month of and
4,000
December down 11.3 was % from 2,2992,591 , down in 5.7 December % from 2,438 of last last year month . December and
4,0003,500 down 201711.3 Inventory % from was 2,591 at in its December lowest level of last compared year . December with December
3,5003,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
6.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with December
3,0002,500
5.0
of 2016 and 2015 .
2,5002,000
2,000
1,500
A comparatively lower MSI is more beneficial for sellers while
1,500 a
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The December 2017 MSI of
2.51,000 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December
MSI of 2.5 of 2016
500 months was at its lowest level compared with December of 2016
500 and 2015 .
0 and 2015 .
0
J
F M A M J
F M A J
15
J A S O N D J
F M A M J
F M A M J
16
J
4.0
3.0
2.0
1.0
0.0
A S O N D J
F M A M J
J
A S O N D
F M A M J
J
A S O N D
17
3,781 3,730 3,622 3,579 3,538 3,389 3,338 3,278 3,181
J
15
654 721 932 935 1,007 1,113 1,054 970 871 871
3,081 3,074 3,010 3,009 2,948 2,893 2,799 2,630 2,664 2,589
J A S O N D J 16
790
Number of Properties Sold
916 681 760 998 1,041 1,052 1,046 975 988 896
2,549 2,613 2,632 2,656 2,591 2,640 2,594 2,623 2,479 2,470 2,509 2,509 2,474 2,447 2,412 2,438 2,299
J A S O N D J
17
792 802 913 670 754 1,045 1,001 1,134
3 Mo Avg
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
3,781 3,730 3,622 3,579 3,538 3,389 3,338 3,278 3,181 3,081 3,074 3,010 3,009 2,948 2,893 2,799 2,630 2,664 2,589 2,549 2,613 2,632 2,656 2,591 2,640 2,594 2,623 2,479 2,470
1,163
2,509 2,509
1,041 1,014
2,474 2,447
800
3 Mo Avg
847 854
2,412 2,438 2,299
930
7.0 6.0 5.0 4.0
3.0 2.0 1.0 0.0
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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