FL ARCHIVED June 2017 | Page 193

Market Action Report June 2017
Community Information | School District
Market Action Report June 2017

City : Pensacola Beach

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 599,000
1 %
12 %
Average List Price of all Current Listings
$ 750,550
-2%
8 %
June Median Sales Price
$ 440,000
0 %
1 %
-11%
2 %
$ 430,000
2 %
0 %
June Average Sales Price
$ 612,701
-9%
7 %
13 %
25 %
$ 554,228
13 %
13 %
Total Properties Currently for Sale ( Inventory )
120
-1%
-31%
June Number of Properties Sold
25 -22%
14 %
153
47 %
June Average Days on Market ( Solds )
147
6 %
-1% -19%
-1%
151
1 %
2 %
Asking Price per Square Foot ( based on New Listings )
$ 328
-15% -5%
3 %
-3%
$ 349
2 %
3 %
June Sold Price per Square Foot
$ 307
-10% -3%
0 %
3 %
$ 316
8 %
6 %
June Month ' s Supply of Inventory
4.8
27 %
8 %
-40% -48%
5.0
-52%
-46%
June Sale Price vs List Price Ratio
92.8 % -1.6% -1.1% . 4 %
-. 6 %
93.5 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales June Property sales were 25 , up 13.6 % from 22 in June of 2016
and 21.9 % lower than the 32 sales last month . June 2017 sales Property were at a mid Sales level compared to June of 2016 and 2015 . June 35
June YTD Property sales of sales 153 are were running 25 , up 47.1 13.6 % ahead from 22 of in last June year of ' s 2016 year-todate 21.9 sales % lower of 104 than . the 32 sales last month . June 2017 sales 30
and were at a mid level compared to June of 2016 and 2015 . June YTD sales of 153 are running 47.1 % ahead of last year ' s year-todate sales of 104 .
25 20

Pensacola Agent Name Beach Title Phone Website Other

Community Information | School District

15 10
35 30 25 20 15 10 5
15 15 20 25 19 13
Number of Properties Sold
5
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in June was $ 440,000 , down 10.7 %
700
Prices from $ 492,500 in June of 2016 and up 0.3 % from $ 438,500
Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month Sales . The Price Average in June Sales was Price $ 440,000 in June , down was $ 10.7 612,701 % , up
650
700 from
13.2 $ % 492,500 from $ 541,068 in June of in 2016 June and of 2016 up 0.3 and % from down $ 8.6 438,500 % from
600 last month . The Average Sales Price in June was $ 612,701 , up
650
$ 670,594 last month . June 2017 ASP was at the highest level
550
13.2 % from $ 541,068 in June of 2016 and down 8.6 % from
600 compared to June of 2016 and 2015 .
500
$ 670,594 last month . June 2017 ASP was at the highest level
550
450 compared to June of 2016 and 2015 .
500
400
450
350
400
300
350
250
300
250
200
200
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
14 S O N D
J
F M
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
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of June
The was Total 120 , Inventory down 0.8 of % Properties from 121 last available month for and sale down as of 31.4 June % from was 175120 in June , down of 0.8 last % year from . 121 June last 2017 month Inventory and down was 31.4 at % its from lowest
200
200
Total Inventory & Month ' s Supply of Inventory ( MSI )
18.0
175 level in June compared of last with year . June of 2017 2016 Inventory and 2015 was . at its lowest
150
16.0
level compared with June of 2016 and 2015 .
150
14.0
100
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial June 2017 for sellers MSI while of 4.8 a higher MSI is better for buyers . The June 2017 MSI of 4.8
50 months was at its lowest level compared with June of 2016 and months
2015 . was at its lowest level compared with June of 2016 and
2015 .
0
12.0
100
10.0
8.0
50
6.0
4.0
2.0
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
J A S O N D J
F M A M J
14
15
16
17
14
15
16
17
24 21 26
15 15 20 25 19 13 24 21 26 21 27 31 29 25 23 23 19 16 21 11 12 27 11 22 16 22 23 27 18 15 18 22 31 25 32 25
186 186
186
186 173 164
156 173
147 164
152 156
152 147
143 152 152
152 153 143
21 27 31
Number of Properties Sold
29 25 23 23 19 16 21 11
3 Mo Avg
162 152
156 153
157 162
146 156
139
157 129 120
146
136 139
147 129
120 154
136 175
147 172
154 175
175 175
167 172
148 175
148 175 151 167
138 148
123 148
125 151
126 138
118
123 121
125 120
126
12 27 11 22 16 22 23 27 18 15 18 22
118 31
121
3 Mo Avg
25
120 32 25
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Ass does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
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