FL ARCHIVED December 2017 | Page 189

Market Action Report City: Pensacola Pensacola Agent Name Market Action Report City: Pensacola December 2017 Title Phone Agent Name Website Title Other December 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $220,000 Other Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY 5% 31% $287,200 Trending 6% versus*: 23% Month LM 3% L3M -2% PYM 6% LY $154,788 $220,000 5% 3% -2% 31% 4% $185,766 $287,200 1,100 6% -8% 23% -11% $154,788 388 3% 19% -2% 6% 17% 10% $185,766 3% -2% 4% 12% 80 16% 11% -4% 1,100 $121 -8% 9% -11% 9% 25% 388 19% 17% $97 -5% -6% 4% 80 16% 11% -4% -5% 2.8 -23% -14% -23% $121 9% 9% 25% 23% 93.7% -.5% -.7% -.5% Average List Price of all Current Listings Market Profile & Trends Overview December Median Sales Price Median List Average Price of all Current December Sales Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) December Sales Price December Median Number of Properties Sold December Sales Price December Average Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) December Number of Properties Sold December Sold Price per Square Foot December Average Days on Market (Solds) December Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) December Sale Price vs List Price Ratio December Sold Price per Square Foot Trending versus*: Prior YTD 10% Prior Year 10% 10% YTD $154,000 12% $182,270 10% 10% $154,000 4,190 10% $182,270 10% -5% 73 4% 10% -13% 10% 23% $110 12% 4,190 4% 9% $99 11% 73 -13% -13% -33% 3.7 -13% $110 12% 12% -.3% 95.0% 1% December Month's Supply of Inventory December Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 500 compared to December of 2016 and 2015. December YTD sales of 4,190 are running 3.8% ahead of last year's year-to-date sales of 4,037. -13% 12% 11% -13% 1% $97 -5% -6% 4% 9% $99 11% 11% 2.8 -23% -14% -23% -33% 3.7 -13% -13% of 95.0% Properties 93.7% -.5% -.7% -.5% Number -.3% 1% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date December Property sales were 388, up 16.5% from 333 in December of 2016 and 19.0% higher than the 326 sales last Property Sales 2017 sales were at their highest level month. December 500 December sales were 388, and up 16.5% 333 in YTD sales compared Property to December of 2016 2015. from December 450 December of 2016 and 19.0% higher than the 326 sales last of 4,190 are running 3.8% ahead of last year's year-to-date sales 400 month. December 2017 sales were at their highest level of 4,037. Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 450 3 Mo Avg 400 350 300 350 250 300 200 250 150 170 160 150 140 130 120 110 100 358 315 Median Sales Price and Average Sales Price 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 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 1,000 A comparatively lower MSI is more beneficial for sellers while a 500 A higher comparatively lower for MSI buyers. is more The beneficial for sellers a 2.8 MSI is better December 2017 while MSI of 500 higher MSI is better for buyers. December 2017 MSI of 2.8 months was at its lowest level The compared with December of 2016 months was at its lowest level compared with December of 2016 0 and 2015. 0 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of 2,000 December was 1,100, down 7.9% from 1,195 last as month and The Total Inventory of Properties available for sale of 2,000 down 10.8% December of last December was from 1,100, 1,233 down in 7.9% from 1,195 last year. month December and 2017 10.8% Inventory at in its December lowest level compared with December 1,500 down from was 1,233 of last year. December 2017 Inventory was at its lowest level compared with December 1,500 of 2016 and 2015. of 2016 and 2015. 1,000 and 2015. 200 190 180 170 160 150 140 130 120 110 100 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 2.6% from $181,072 last month. December 2017 ASP was at the highest level compared to December of 2016 and 2015. J F M A M J J A S O N D J F Sales M A M Price J J A and S O Average N D J F Sales M A M Price J J A S O N D Median 3 Mo Avg 15 16 17 Prices The Median Sales Price in December was $154,788, up 5.9% from $146,200 in December of 2016 and up 3.2% from Prices The Median last Sales Price in The December $154,788, 5.9% $149,950 month. Average was Sales Price in up December was 200 from $146,200 in December of 2016 in and up 3.2% from $185