FL ARCHIVED January 2018 | Page 191

Market Action Report Pensacola Beach Agent Name Market Action Report Title Phone Agent Name Website Title Other January 2018 Community Information | School District City: Pensacola Beach Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $699,000 13% 21% Other $811,450 Trending 1% versus*: 12% Month LM 13% L3M 11% PYM 20% LY $540,000 $699,000 13% -7% -4% 21% -3% $575,053 $811,450 113 1% 7% 12% -9% $540,000 13% 11% 20% 6% 19% 19 12% $575,053 -7% -4% -3% 2% 71 -42% -34% -40% 113 7% -9% $341 -7% -6% -6% 19 12% 6% $350 -4% 3% 5% 71 -42% -34% -40% -45% 5.9 -5% -1% -14% $341 -7% -6% -6% -3% 96.0% .8% 1.4% 4.6% Average List Price of all Current Listings Market Trends Overview January Profile Median & Sales Price Median List Price of Sales all Current January Average Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) January Sales Price January Median Number of Properties Sold January Average Sales Price January Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) January Number of Properties Sold January Sold Price per Square Foot January Average Days on Market (Solds) January Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) January Sale Price vs List Price Ratio January Sold Price per Square Foot January Month's Supply of Inventory January Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date Property Sales down 6.5% from $615,124 last month. January 2018 ASP was at a mid range compared to January of 2017 and 2016. 550 500 450 400 350 300 250 200 Inventory & MSI 100 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively lower MSI is more The beneficial for 2018 sellers MSI while MSI is better for buyers. January of a 5.9 50 higher MSI is better for buyers. January with 2018 MSI of 5.9 months was at its lowest level The compared January of 2017 months was at its lowest level compared with January of 2017 and 2016. 0 and 2016. 11 16 700 650 600 550 500 450 400 350 300 250 200 18 3 Mo Avg 17 Median Sales Price and Average Sales Price 27 15 3 Mo Avg 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 18 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 15 16 17 18 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 150 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 16 17 18 F M A M J J A S O N Median D J F M Sales A M J Price J A S and O N Average D J F M Sales A M J Price J A S O N D J The Total Inventory Inventory & MSI of Properties available for sale as of 200 January was 113, up from available 106 last month The Total Inventory of 6.6% Properties for sale and as of down 8.9% from 124 in 113, January of last January Inventory at January was up 6.6% from year. 106 last month 2018 and down 8.9% was 200 from 124 in level January of last year. Inventory was at its lowest compared with January January 2018 of 2017 and 2016. 150 its lowest level compared with January of 2017 and 2016. 0 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 Prices The Median Sales Price in January was $540,000, up 20.0% Prices from $450,000 in January of 2017 and up 12.5% from The Median Sales Price in The January was Sales $540,000, $480,000 last month. Average Price up in 20.0% January was 700 from $450,000 in January of 2017 and up from $575,053, down 3.1% from $593,222 in 12.5% January of 2017 and 6