Florida MVP - ARCHIVE July 2017 - Page 172

Market Action Report City: Kissimmee Kissimmee Agent Name Title Phone Agent Name Website Title Other July 2017 Community Information | School District 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 $258,900 4% 13% Other $282,861 Trending 3% versus*: 12% Month LM L3M PYM LY $195,000 -1% 0% 9% $258,900 4% 13% $203,216 -2% 0% 10% $282,861 1,251 3% -9% 12% -17% $195,000 352 -1% -17% 0% 9% -13% 11% $203,216 -2% 0% 10% 10% 78 5% 7% 1% 1,251 -9% -17% $124 2% 2% 13% 352 -17% -13% $111 -0% 0% 9% 78 5% 7% 1% 0% 3.6 9% 6% -4% $124 2% 2% 13% 13% 95.8% .0% -.2% -.1% Average List Price of all Current Listings Market Profile & Trends July Median Sales Price Overview Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) July Sales Price July Median Number of Properties Sold July Average Sales Price July Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) July Number of Properties Sold July Sold Price per Square Foot July Average Days on Market (Solds) July Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) July Sale Price vs List Price Ratio July Sold Price per Square Foot Trending versus*: Prior YTD 11% Prior Year 9% 11% YTD $190,000 10% $199,845 11% 8% $190,000 2,547 11% $199,845 11% 0% 73 4% 9% -12% 8% 13% $119 9% 2,547 4% 10% $109 10% 73 -12% -6% -25% 4.0 -16% $119 9% 8% .2% 95.7% 0% July 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 600 July Property sales were 352, down 12.7% from 403 in July of 2016 and 16.6% lower than the 422 sales last month. July 2017 500 Property sales were Sales at their lowest level compared to July of 2016 and 600 July Property sales sales were of 352, down from 4.1% 403 ahead in July of of last 2015. July YTD 2,547 are 12.7% running 400 2016 and 16.6% lower sales than of the 2,446. 422 sales last month. July 2017 year's year-to-date 500 Prices 14 The Median Sales Price in July was $195,000, up 8.9% from Prices $179,000 in July of 2016 and down 0.6% from $196,250 last 240 The Median Sales Price Sales in July Price was $195,000, 8.9% from up 10.2% month. The Average in July was up $203,216, 220 $179,000 in July of and down 0.6% from $196,250 last from $184,382 in 2016 July of 2016 and down 1.6% from $206,492 240 month. The Average Sales Price in at July $203,216, up 10.2% to 200 last month. July 2017 ASP was the was highest level compared 220 from in July of 2016 and down 1.6% from $206,492 July $184,382 of 2016 and 2015. last month. July 2017 ASP was at the highest level compared to 200 180 281 352 15 16 389 352 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 M J J 14 15 16 17 A S O N D J F M A M J J A S Sales O N D Price J F M A M Average J J A S Sales O N D Price J F M A M J J Median and 3 Mo Avg 0 July of 2016 and 2015. 0 100 200 100 200 300 3 Mo Avg 300 400 3 Mo Avg Number of Properties Sold sales were at their lowest level compared to July of 2016 and 2015. July YTD sales of 2,547 are running 4.1% ahead of last year's year-to-date sales of 2,446. -6% 8% 8% -16% 0% $111 -0% 0% 9% 10% $109 10% 8% 3.6 9% 6% -4% -25% 4.0 -16% -16% of 95.7% Properties 95.8% .0% -.2% -.1% Number .2% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date July Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Kissimmee July 2017 17 Median Sales Price and Average Sales Price 3 Mo Avg 180 160 160 140 140 120 120 100 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 M J J 100 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 A 17 M J J A S 14 O N D J F M 14 15 16 17 2,000 lowest level compared with July of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,500 1,500 1,000 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of July 2,500 was Total 1,251, down 9.0% from 1,375 last month and as down 16.5% The Inventory of Properties available for sale of July from 1,499 in July last 1,375 year. last July 2017 and Inventory was at its 2,500 was 1,251, down 9.0% of from month down 16.5% 2,000 from 1,499 in July of last with year. July July of 2017 Inventory was at its lowest level compared 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while 1,000 a A higher comparatively lower MSI is more The beneficial for sellers while MSI is better for buyers. July 2017 MSI of 3.6 a 500 higher MSI is better for buyers. July 2017 MSI of 3.6 months was at its lowest level The compared with July of 2016 and 500 months was at its lowest level compared with July of 2016 and 0 2015. 0 2015. 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 M J J A S O N D J F M A