FL ARCHIVED January 2018 | Page 135

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

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
$ 285,000
0 %
12 %
Average List Price of all Current Listings
$ 387,435
2 %
9 %
January Median Sales Price
$ 210,000
-7%
0 %
14 %
3 %
$ 210,000
14 %
3 %
January Average Sales Price
$ 250,486
-6%
0 %
8 %
2 %
$ 250,486
8 %
2 %
Total Properties Currently for Sale ( Inventory )
2,872
1 %
-2%
January Number of Properties Sold
708 -33%
-7%
708
-7%
January Average Days on Market ( Solds )
61
11 %
13 %
7 %
22 %
61
7 %
22 %
Asking Price per Square Foot ( based on New Listings )
$ 163
7 %
5 %
13 %
9 %
$ 163
13 %
9 %
January Sold Price per Square Foot
$ 137
-2%
1 %
8 %
2 %
$ 137
8 %
2 %
January Month ' s Supply of Inventory
4.1
49 %
22 %
5 %
35 %
4.1
5 %
35 %
January Sale Price vs List Price Ratio
94.5 %
-. 4 % -. 5 % -. 1 %
-. 7 %
94.5 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1,400
January Property sales were 708 , down 6.8 % from 760 in
January of 2017 and 32.6 % lower than the 1,051 sales last
1,200
Property month . January Sales 2018 sales were at their lowest level compared
1,400
January to January Property of 2017 sales and were 2016 708 . , January down 6.8 YTD % from sales 760 of in 708 are
1,000
January running of 6.8 2017 % behind and 32.6 last % lower year ' s than year-to-date the 1,051 sales last of 760 . month . January 2018 sales were at their lowest level compared
1,200
800
to January of 2017 and 2016 . January YTD sales of 708 are
1,000
running 6.8 % behind last year ' s year-to-date sales of 760 .
600
800
400
600
400
200

Brevard Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
0
200 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
0 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in January was $ 210,000 , up 13.6 %
300
Prices from $ 184,900 in January of 2017 and down 6.7 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 225,000 Median last Sales month Price . in The January Average was Sales $ 210,000 Price , up in 13.6 January % was
280
300 from $ 250,486 $ 184,900 , up in 8.2 January % from of $ 231,431 2017 and in down January 6.7 % of from 2017 and down 260 $ 225,000 last month . The Average Sales Price in January was
280
5.6 % from $ 265,329 last month . January 2018 ASP was at the 240 $ 250,486 , up 8.2 % from $ 231,431 in January of 2017 and down 260 highest level compared to January of 2017 and 2016 .
220
5.6 % from $ 265,329 last month . January 2018 ASP was at the 240 200 highest level compared to January of 2017 and 2016 . 220
180 200
160 180
140 160
120
140 120
100
100 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
15 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
17 A M J J A S O N D J
18
15 16
17 18
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 January Total Inventory was 2,872 of , up Properties 0.5 % from available 2,857 for last sale month as of and down 4,000
5.0
January 2.5 % from was 2,945 2,872 , in up January 0.5 % from of last 2,857 year last . month January and 2018 down 4,0003,500 5.0
2.5 Inventory % from 2,945 was at in its January lowest of level last year compared . January with 2018 January of 2017 3,500
4.0 3,000
4.0 Inventory and 2016 was . at its lowest level compared with January of 2017 3,0002,500
3.0 and 2016 .
2,5002,000 3.0
2,000 1,500
2.0 A comparatively lower MSI is more beneficial for sellers while 1,500 a
2.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 4.1
1,000 higher MSI is better for buyers . The January 2018 MSI of 4.1 1,000
1.0 months was at a mid level compared with January of 2017 and 500
1.0 months was at a mid level compared with January of 2017 and 500 2016 .
0 0.0
2016 . 0
0.0 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
M A J F M A M J
F M A M J 15
16 17
18
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 1,156 1,013 1,224 1,284 1,086 1,195 865 874 936 1,051 708
3,557 3,371 3,338 3,266 3,211 3,159 3,016 3,006 3,119
F
15
896 1,152 1,141 1,147 1,208 1,204 1,079 1,071 916
3,557 3,371 3,338 3,266 3,211 3,159 3,016 3,006 3,119
J A S O N D J
16
810 1,013
Number of Properties Sold
730 841 1,135 1,114 1,190 1,283 1,067 1,126
3,171 3,173 3,353 3,310 3,211 3,131 3,054 3,166 3,051 2,914 2,856 2,873 2,974 2,932 2,945 2,903 2,878 2,917 2,954 3,045 3,144 3,133 3,075 3,016 3,000 2,857 2,872
1,080
J A S O N D J
17
889 924 1,015
3,171 3,173 3,353 3,310 3,211 3,131 3,054 3,166 3,051 2,914 2,856 2,873 2,974 2,932 2,945 760 821 1,156 1,013 1,224 1,284
3 Mo Avg
1,086 1,195
J A S O N D J
18
865 874
2,903 2,878 2,917 2,954 3,045 3,144 3,133 3,075 3,016 3,000
3 Mo Avg
936 1,051
2,857 2,872
708
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 .
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