FL ARCHIVED December 2017 | Page 209

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

City : Pace

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
$ 236,248
-1%
3 %
Average List Price of all Current Listings
$ 256,123
-1%
2 %
December Median Sales Price
$ 212,400
-0%
0 %
7 %
13 %
$ 207,429
10 %
10 %
December Average Sales Price
$ 227,079
3 %
-1%
10 %
13 %
$ 219,981
10 %
10 %
Total Properties Currently for Sale ( Inventory )
263
3 %
-16%
December Number of Properties Sold
90
25 %
8 %
1,000
14 %
December Average Days on Market ( Solds )
94 -16%
-6%
-6%
-13%
97
-12%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 109
0 %
1 %
11 %
10 %
$ 106
8 %
7 %
December Sold Price per Square Foot
$ 103
-1%
0 %
5 %
10 %
$ 101
9 %
9 %
December Month ' s Supply of Inventory
2.9 -17% -15% -23% -42%
4.1
-19%
-19%
December Sale Price vs List Price Ratio
98.3 %
. 0 %
. 2 %
-. 1 %
1.0 %
98.3 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
December Property sales were 90 , up 8.4 % from 83 in
December of 2016 and 25.0 % higher than the 72 sales last
120
Property month . December Sales 2017 sales were at their highest level
140
December compared Property to December sales were of 2016 90 , up and 8.4 2015 % from . December 83 in YTD sales
100
December of 1,000 are of 2016 running and 25.0 13.5 % higher ahead than of last the year 72 ' sales s year-to-date last month sales . of December 881 . 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales of 1,000 are running 13.5 % ahead of last year ' s year-to-date sales of 881 .
120
100
80
80
60
40
60
20
40
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The December Total Inventory was 263 of , up Properties 3.1 % from available 255 last for month sale as and of down December 16.2 % from was 314 263 in , up December 3.1 % from of 255 last last year month . December and down 2017 16.2 Inventory % from 314 was in at December its lowest of level last compared year . December with December 2017 of Inventory 2016 and was 2015 at . its lowest level compared with December of 2016 and 2015 .
Number of Properties Sold
20
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 $ 212,400 , up 7.1 %
Prices from $ 198,400 in December of 2016 and down 0.0 % from
The
$ 212,450 Median last Sales month Price . in The December Average was Sales $ 212,400 Price in , up December 7.1 % was
250 from
$ 227,079 $ 198,400 , up in 9.8 December % from $ of 206,784 2016 and in December down 0.0 % of from 2016 and up
240
$
2.5 212,450 % from last $ month 221,452 . The last Average month . Sales December Price in 2017 December ASP was was at the
$ 227,079 , up 9.8 % from $ 206,784 in December of 2016 and up
230 highest level compared to December of 2016 and 2015 .
2.5 % from $ 221,452 last month . December 2017 ASP was at the
220 highest level compared to December of 2016 and 2015 .
210
200
190
180
170
160
J
F M A M J
15
250
240
230
220
210
200
190
180
170
160
150
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
150
400 350 300 250
200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 2.9
100 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 2.9 of 2016 months was at its lowest level compared with December of 2016 50 and 2015 . and 2015 .
0
34 54 53 64 59 77 87 55 61 55 31 51 28 38 75 84 91 115 67 88 80 62 70 83 40 56 85 86 87 104 104 96 108 72 72 90
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
15
F M A M J
J
A S O N D
J
16
F M A M J
J
A S O N D
J
17
F M A M J
J
A S O N D
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
400
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
350
14.0
12.0
300
12.0
10.0
250
10.0
200
8.0
150
6.0
100
4.0
50
2.0
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
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 S O N D
15
16
17
15
16
17
8.0
6.0
4.0
2.0
0.0
333 320

Pace

34 54
335 333
367
Agent Name
53
Title Phone Website Other

Community Information | School District

333 320 335
64 333
59 367
357 355
77 357
351 354
87
355 55
351
337 315
61
354 337
55 315
31
324 341 320
324
Number of Properties Sold
51 341
28
329 318
320 38 329
326 328
75 318
84 326
311 301
91 328
115 311
67 301
317 307 299
88 317
80 307
314 331
62 70 314
299 345 343
83 331
343 340
40 345
56 343
85
343
331 321 321
86
340 331
87
285 275
321 104
3 Mo Avg
321 104
255 263
285 96
275 108 255
3 Mo Avg
72
263 72 90
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 209