Florida Market Viewpoint June 2017 - Page 145

Market Action Report City: Palm Bay Palm Bay Agent Name Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $200,000 0% 14% Other $219,250 Trending -1% versus*: 18% Month LM L3M PYM LY $164,500 2% 2% 12% $200,000 0% 14% $167,844 -1% 1% 7% $219,250 404 -1% 7% 18% -6% $164,500 264 2% 10% 2% 12% -1% 15% $167,844 -1% 1% 7% 12% 39 -20% -15% -13% 404 7% -6% $113 1% 2% 12% 264 10% -1% $107 3% 3% 15% 39 -20% -15% -13% -9% 1.5 -3% -15% -5% $113 1% 2% 12% 14% 96.2% -.4% .2% .2% June Month's Supply of Inventory June 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 300 June Property sales were 264, down 1.1% from 267 in June of 2016 and 10.5% higher than the 239 sales last month. June 250 Property 2017 sales Sales were at a mid level compared to June of 2016 and 300 June Property sales sales were of 264, down from 0.1% 267 in ahead June of 2015. June YTD 1,230 are 1.1% running of last 200 2016 and 10.5% higher than of the 239 sales last month. June year's year-to-date sales 1,229. 250 Prices 14 16 15 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 130 110 110 90 90 70 70 50 0 3.0 3.0 4.0 4.0 300 A comparatively lower MSI is more beneficial for sellers while 300 a 200 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 1.5 a 200 higher MSI is better for buyers. June 2017 of 1.5 months was at its lowest level The compared with MSI June of 2016 and 100 100 months 0 2015. was at its lowest l