Florida Market Viewpoint June 2017 - Page 149

Market Action Report City: Palm Coast Palm Coast Agent Name Title Phone Agent Name Website Title Other June 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 $275,000 0% 2% Other $383,272 Trending -1% versus*: -3% Month LM 3% L3M 3% PYM 16% LY $215,500 $275,000 0% 2% $260,220 0% -2% 13% $383,272 984 -1% 2% -3% -8% $215,500 232 3% -6% 3% 16% -7% 13% $260,220 0% -2% 13% 12% 78 0% 1% -4% 984 2% -8% $140 1% -1% 4% 232 -6% -7% $130 -1% 0% 11% 78 0% 1% -4% -7% 4.2 8% 1% -1% $140 1% -1% 4% 1% 96.9% .4% .5% .0% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Current Listings June Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) June Sales Price June Median Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sale Price vs List Price Ratio June Sold Price per Square Foot $130 -1% 4.2 8% 96.9% .4% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 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 3 Mo Avg 203 175 16 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 M J 15 A M J J A S O N D J F M 16 J A 14 S O N D J F M A M J J A S O N D J F M A 17 M J 14 15 16 17 800 800 600 A comparatively lower MSI is more beneficial for sellers while a 600 400 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 4.2 a 400 higher MSI is better for buyers. June 2017 of 4.2 months was at its lowest level The compared with MSI June of 2016 and 200 200 months was at its lowest level compared with June of 2016 and 0 2015. 0 12.0 12.0 1,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 10.0 Inventory & MSI 2015. 200 202 15 14 300 280 260 240 220 200 180 160 140 120 100 The Total Inventory Inventory & MSI of Properties available for sale as of June 1,400 was Total 984, Inventory up 1.8% from 967 last available month and from The of Properties for down sale as 7.6% of June 1,400 1,200 1,065 in up June of from last year. June 2017 Inventory was from at its lowest was 984, 1.8% 967 last month and down 7.6% 1,065 June of last year. June 2017 and Inventory level in compared with June of 2016 2015. was at its lowest 1,200 1,000 level compared with June of 2016 and 2015. 3 Mo Avg 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 M J 14 15 16 17 J A S O N D J F M A M J J A Sales S O N Price D J F and M A Average M J J A Sales S O N Price D J F M A M J Median Prices 240 220 200 180 160 140 120 100 0 50 50 0 $260,153 last month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. -8% 2% 8% -5% 0% 100 100 The Median Sales Price in June was $215,500, up 16.5% from Prices $185,000 in June of 2016 and up 2.6% from $210,000 last The Median Sales Price Sales in June was in $215,500, up $260,220, 16.5% from up month. The Average Price June was 300 $185,000 in June of 2016 in and up of 2.6% from last 12.7% from $230,864 June 2016 and $210,000 up 0.0% from month. The last Average Sales Price in June up level 280 $260,153 month. June 2017 ASP was was $260,220, at the highest 260 12.7% from $230,864 June and of 2016 and up 0.0% from compared to June of in 2016 2015. 3% 8% -10% 10% 1% $141 4% 1,199 3% 10% $128 11% 77 -10% -8% -24% 5.3 -12% $141 4% 2% .5% 96.5% 0% 150 150 $205,000 1,199 11% $255,698 14% -7% 77 Number of Properties Sold 200 Trending versus*: Prior YTD 11% Prior Year 8% 13% YTD $205,000 12% $255,698 14% 10% 0% 11% 10% $128 11% 8% 1% -1% -24% 5.3 -12% -5% of 96.5% Properties .5% .0% Number .5% 0% Sold 0% 300 June Property sales were 232, down 6.8% from 249 in June of 2016 and 5.7% lower than the 246 sales last month. June 2017 250 Property sales were Sales at a mid level compared to June of 2016 and 2015. 300 June sales 6.8% from 249 in of June Property YTD sales of were 1,199 232, are down running 2.8% ahead of June last year's 200 2016 and 5.7% sales lower of than the 246 sales last month. June 2017 year-to-date 1,166. 250 sales were at a mid level compared to June of 2016 and 2015. June YTD sales of 1,199 are running 2.8% ahead of last year's year-to-date sales of 1,166. Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Palm Coast June 2017 8.0 6.0 4.0 2.0 0.0 10.0 8.0 6.0 4.0 2.0 0.0 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 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