Florida Market Viewpoint June 2017 - Page 153

Market Action Report Stuart City: Stuart Agent Name Market Action Report Title Phone Agent Name Website Title Other 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 $349,900 1% 3% Other $651,029 Trending 2% versus*: 5% Month LM -11% L3M -7% PYM 3% LY $245,000 $349,900 1% 3% $383,070 7% -5% 1% $651,029 759 2% -8% 5% -13% $245,000 173 -11% -20% -7% 3% -24% 3% $383,070 7% -5% 1% 7% 85 -13% -6% -7% 759 -8% -13% $206 6% 5% 12% 173 -20% -24% $170 3% -2% 7% 85 -13% -6% -7% -8% 4.4 15% 2% 15% $206 6% 5% 12% 13% 91.2% -.2% -.8% .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 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 $377,893 6% 5% 2% $252,000 1,089 5% $377,893 2% -8% 89 13% $200 1,089 -0% 6% $168 89 -6% -26% 5.1 $200 11% -1.1% 92.4% -0% 6% -6% 5% 11% 5% -3% -3% 9% 1% -3% 9% 5% -13% 0% 3 Mo Avg Number of Properties Sold 3 Mo Avg 14 600 550 500 450 400 350 300 250 200 150 100 145 144 16 165 143 15 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 Inventory & MSI 800 600 600 400 A comparatively lower MSI is more beneficial for sellers while a 400 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 4.4 a 200 higher MSI is better for buyers. June 2017 MSI of 4.4 months was at its highest level The compared with June of 2016 and 200 months 0 2015. was at its highest level compared with June of 2016 and 0 Total Inventory & Month's Supply of Inventory (MSI