Market Action Report
Pace
City: Pace
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Title Other
January 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$234,824
1%
1%
Other
$252,873 Trending
-1% versus*:
-2%
Month
LM 0%
L3M 0%
PYM 8%
LY
$210,000
$234,824
1% -4% -4%
1% 8%
$216,360
$252,873 244
-1% -9% -2% -26%
$210,000 0%
0% 8% -8%
1%
37 -59%
$216,360 -4%
-4%
8%
-2%
77 -18% -23% 18%
244 -9%
-26%
$108 -1% 0% -1%
37 -59%
-8%
$103 1% 0% 10%
77 -18% -23% 18% -20%
6.6 125% 52% -20%
$108 -1% 0% -1% 2%
98.1% -.1% .3% .1%
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
140
January Property sales were 37, down 7.5% from 40 in January
of 2017 and 59.3% lower than the 91 sales last month. January
120
Property
2018 sales Sales
were at a mid level compared to January of 2017 and
140
January
Property YTD
sales sales
were of
37, 37
down
7.5% from
40 in
January
100
2016. January
are running
7.5%
behind
last
of year's
2017 and
59.3% lower
than
the 91 sales last month. January
120
year-to-date
sales
of 40.
80
2018 sales were at a mid level compared to January of 2017 and
Prices
The Median Sales Price in January was $210,000, up 8.0% from
Prices
$194,524 in January of 2017 and up 0.0% from $209,900 last
The
Median
Sales
Price Sales
in January
$210,000,
8.0% from up
month.
The
Average
Price was
in January
was up $216,360,
250
$194,524
in January
of in
2017
and up of 0.0%
$209,900
8.2% from
$199,930
January
2017 from
and down
4.5% last
from
240
month.
The
Average
Sales
Price
in
January
was
$216,360,
up
$226,452 last month. January 2018 ASP was at the highest
230
8.2%
from
$199,930
in
January
of
2017
and
down
4.5%
from
level compared to January of 2017 and 2016.
$226,452 last month. January 2018 ASP was at the highest
level compared to January of 2017 and 2016.
220
210
200
190
180
170
160
150
Inventory & MSI
16
17
Median Sales Price and Average Sales Price
18
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)
14.0
14.0 12.0
12.0 10.0
10.0
0
15
250
240
230
220
210
200
190
180
170
160
150
The Total Inventory
Inventory
& MSI of Properties available for sale as of
400
January
was 244, down
8.6% from
267 last
month
The
Total Inventory
of Properties
available
for sale
as of and down
400 350
26.1% from
330 down
in January
of last
year.
January
2018
Inventory
January
was 244,
8.6% from
267
last month
and
down
350 300
26.1%
from
330 in level
January
of last year.
Inventory
was at
its lowest
compared
with January
January 2018
of 2017
and 2016.
was at its lowest level compared with January of 2017 and 2016. 300 250
250 200
200 150
A comparatively lower MSI is more beneficial for sellers while 150
a
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The January 2018 MSI of 6.6 100 100
higher
MSI
is
better
for
buyers.
The
January
2018
MSI
of
6.6
50
months was at its lowest level compared with January of 2017
50
months
was at its lowest level compared with January of 2017
0
and 2016.
and 2016.
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
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
Median
3 Mo Avg
0
0
20
20
40
3 Mo Avg
40
60
3 Mo Avg
60
80
-20%
2%
2%
62%
-0%
Number of Properties Sold
100
2016. January YTD sales of 37 are running 7.5% behind last
year's year-to-date sales of 40.
-8% 1%
18% -2%
-1%
10%
-20%
-20%
2%
0%
$103 1% 0% 10% 2%
$103
10%
2%
6.6 125% 52% -20% 62%