Florida MVP - ARCHIVE July 2017 - Page 29

Market Action Report City: Palm Harbor Palm Harbor Agent Name July 2017 Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Website Month Other $299,900 Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 5% 15% $414,723 Trending 7% versus*: 18% Month LM -10% L3M -5% PYM 3% LY $240,000 $299,900 5% -13% -8% 15% -3% $265,167 $414,723 7% 18% 435 -8% -20% $240,000 -10% -5% 3% 5% 188 -7% 11% $265,167 -13% -8% -3% 3% 58 5% -13% 12% 435 -8% -20% $165 3% 4% 18% 188 -7% 11% $148 -4% -1% 58 5% -13% 12% 5% -5% $165 2.3 3% -1% 4% -0% 18% -28% 13% $148 96.1% -4% -.3% -1% .5% 5% .8% 9% 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 Listings Total Properties Currently for Sale (Inventory) July Median Sales Price July 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 Inventory Asking Price per Supply Square of Foot (based on New Listings) July Sold Sale Price Price per vs Square List Price July Foot Ratio $272,742 3% 6% 9% $237,000 8% 1,201 $272,742 9% 3% 8% 6% 24% 10% 10% 20% -16% 8% 1% 7% -5% 73 13% 1,201 $158 8% 9% 73 $145 24% -33% $158 3.0 10% 1.4% $145 95.4% 10% 20% 8% 7% -13% 1% 2.3 -1% -0% -28% -33% 3.0 -16% -13% Number of 95.4% Properties 96.1% -.3% .5% .8% 1.4% 1% Sold 1% 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 250 July Property sales were 188, up 10.6% from 170 in July of 2016 and 7.4% lower than the 203 sales last month. July 2017 sales Property Sales were at their highest level compared to July of 2016 and 2015. 250 200 July Property sales were 188, up 10.6% from 170 in July of 2016 July YTD sales of 1,201 are running 8.3% ahead of last year's and 7.4% lower than the 203 sales last month. July 2017 sales year-to-date sales of 1,109. 200 150 were at their highest level compared to July of 2016 and 2015. 3 Mo Avg Number of Properties Sold 3 Mo Avg 150 100 127 165 3 Mo Avg 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 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI c o l dw el l b a n k er h o m es . c o m 5.0 4.0 5.0 300 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 200 200 higher MSI is better for buyers. The July 2017 MSI of 2.3 higher MSI is better for buyers. The July 2017 MSI of 2.3 months was at its lowest level compared with July of 2016 and 100 100 months was at its lowest level compared with July of 2016 and 0 2015. 0 2015. S O M J A J M A J S J O A N S D O J N F D M J A M F M A S A O N D N J F D M J A F M J A J M A S J O J N A D S J O F N M D A J M F J M J A 15 16 17 14 14 15 16 17 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con 6.0 6.0 300 7.0 7.0 400 Total Inventory & Month's Supply of Inventory (MSI) 400 3 Mo Avg Median Sales Price and Average Sales Price 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 Inventory & MSI of Properties available for sale as of July The Total Inventory The of Properties available for and sale down as of 20.3% July from 700 was Total 435, Inventory down 8.2% from 474 last month was down from 474 month and down from 700 600 546 435, in July of 8.2% last year. July last 2017 Inventory was 20.3% at its lowest 546 in compared July of last with year. July July of 2017 Inventory was at its lowest 600 level 2016 and 2015. 500 level compared with July of 2016 and 2015. 500 Median Sales Price and Average Sales Price 16 17 15 270 250 230 210 190 170 150 14 350 330 310 290 270 250 230 210 190 170 150 Prices The Median Sales Price in July was $240,000, up 2.6% from Prices $234,000 in July of 2016 and down 10.4% from $268,000 last The Median Sales Price Sales in July Price was $240,000, 2.6% from month. The Average in July was up $265,167, down 350 $234,000 in $272,848 July of 2016 10.4% $268,000 last 2.8% from in and July down of 2016 and from down 13.0% from 330 month. The Average Sales Price in July was $265,167, down $304,848 last month. July 2017 ASP was at a mid range 310 2.8% from $272,848 in July of 2016 and down 13.0% from compared to July of 2016 and 2015. 290 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 O N D J F M A M J J A S O N D J F M A M J J 0 0 50 50 100 $304,848 last month. July 2017 ASP was at a mid range compared to July of 2016 and 2015. Trending versus*: YTD Prior YTD 8% Prior Year $237,000 5% 3% * 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 July YTD sales of 1,201 are running 8.3% ahead of last year's year-to-date sales of 1,109. Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Palm Harbor July 2017 3.0 2.0 1.0 0.0 4.0 3.0 2.0 1.0 0.0 M J J | 29 Data provided courtesy of Greater La