Florida Market Viewpoint June 2017 - Page 207

Market Action Report City: Gulf Breeze Gulf Breeze Agent Name Title Phone Agent Name Website Title Other June 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $369,900 10% 23% Other $481,572 Trending -1% versus*: 6% Month LM 5% L3M 2% PYM 2% LY $245,000 $369,900 10% 2% 5% 23% 12% $324,313 $481,572 319 -1% -2% 6% -11% $245,000 110 5% 12% 2% 2% -23% 8% $324,313 2% 5% 12% 23% 51 -24% -30% -37% 319 -2% -11% $147 -3% -3% 9% 110 12% -23% $141 1% 3% 10% 51 -24% -30% -37% -43% 2.9 -13% -9% 16% $147 -3% -3% 9% 11% 96.2% -1.2% -.3% -.9% 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 160 June Property sales were 110, down 23.1% from 143 in June of 2016 and 12.2% higher than the 98 sales last month. June 2017 140 Property sales were Sales at a mid level compared to June of 2016 and 2015. 160 120 June sales 110, running down 23.1% 143 last in June of year- June Property YTD sales of were 510 are 5.9% from behind year's 140 2016 and 12.2% higher than the 98 sales last month. June 2017 to-date sales of 542. 100 month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. 290 270 250 230 210 190 170 150 Inventory & MSI 14 0 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 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 300 A comparatively lower MSI is more beneficial for sellers while a 200 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 2.9 a 200 100 higher MSI is better for level buyers. The June 2017 MSI of of 2016 2.9 and months was at a mid compared with June 100 months 0 2015. was at a mid level compared with June of 2016 and 2015. 3 Mo Avg 17 14.0 300 16 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 The Total Inventory Inventory & MSI of Properties available for sale as of June 600 was Total 319, Inventory down 1.8% 325 last month for and down The of from Properties available sale as of 11.1% June from 359 319, in June last from year. 325 June Inventory was at its lowest 600 500 was down of 1.8% last 2017 month and down 11.1% from 359 in compared June of last with year. June June of 2017 was at its lowest level 2016 Inventory and 2015. 500 400 level compared with June of 2016 and 2015. 400 15 350 330 310 290 270 250 230 210 190 170 150 14.0 12.0 12.0 10.0 10.0 8.0 Prices The Median Sales Price in June was $245,000, up 2.1% from Prices $240,000 in June of 2016 and up 4.7% from $234,000 last The Median Sales Price Sales in June was in $245,000, 2.1% from up 11.7% month. The Average Price June was up $324,313, 350 $240,000 in June in of June 2016 of and up 4.7% from $234,000 last from $290,320 2016 and up 2.2% from $317,287 last 330 month. The Average Sales Price in June was $324,313, up 11.7% month. June 2017 ASP was at the highest level compared to 310 from $290,320 in June of 2016 and up 2.2% from $317,287 last June of 2016 and 2015. 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 0 0 20 20 40 40 60 60 80 3 Mo Avg 80 100 3 Mo Avg Number of Properties Sold 120 sales were at a mid level compared to June of 2016 and 2015. June YTD sales of 510 are running 5.9% behind last year's year- to-date sales of 542. -15% 14% 12% -9% 0% $141 1% 3% 10% 16% $135 12% 12% 2.9 -13% -9% 16% ´ÌД(иÀ€´ÈĔ(´ä”)½˜€äظԔ)AɽÁ•ÉÑ¥•Ì(äظȔ€´Ä¸È”€´¸Ì”€´¸ä”9Õµ‰•È(´¸È”(´À”M½±€À”(¨14õ1…ÍЁ5½¹Ñ €¼0Í4õ1…ÍЀ́5½¹Ñ¡Ì€¼Ae4õM…µ”5½¹Ñ AÉ¥½Èe•…È€¼1dõ1…ÍЁe•…È€ ÈÀÄؤ€¼eQ€ôe•…ȵѼµ‘…Ñ”))Õ¹”M…±”AÉ¥”Ù́1¥ÍЁAÉ¥”I…Ñ¥¼))Õ¹”M½±AÉ¥”Á•ÈMÅՅɔ½½Ð))Õ¹”5½¹Ñ ÌMÕÁÁ±ä½˜%¹Ù•¹Ñ½Éä)Í­¥¹œAÉ¥”Á•ÈMÅՅɔ½½Ð€¡‰…Í•½¸9•Ü1¥ÍÑ¥¹Ì¤))Õ¹”M½±AÉ¥”Á•ÈMÅՅɔ½½Ð))Õ¹”ٕɅ”…ǻ½¸5…É­•Ð€¡M½±‘̤))Õ¹”9Õµ‰•È½˜AɽÁ•ÉÑ¥•ÌM½±)Í­¥¹œAÉ¥”Á•ÈMÅՅɔ½½Ð€¡‰…Í•½¸9•Ü1¥ÍÑ¥¹Ì¤(ä”(ÔÄÀ(´Ø”€Ø”(ÄԔ(Ü؀´ÈД€ÄԔ(ÄĔ(ÄÔÄ(ÄԔ(ÔÄÀ(´Ø”(Äؔ(ÄÌÔ(ÄȔ(Ü؀´ÈД(´ÄԔ(´ÌД(иÀ€´ÈĔ(ÄÔÄ(ÄԔ(ÄД(´¸È”(äظԔ(´À”(àÜ))Õ¹”ٕɅ”…ǻ½¸5…É­•Ð€¡M½±‘̤)Q½Ñ…°AɽÁ•ÉÑ¥•Ì ÕÉɕ¹Ñ±ä™½ÈM…±”€¡%¹Ù•¹Ñ½Éä¤(ÈÌä°ÐÔÀ(ÌÀÌ°ÄÀà(´Ð̔(àÈ))Õ¹”ٕɅ”M…±•ÌAÉ¥”))Õ¹”)M…±•Ì)AÉ¥”))Õ¹”5•‘¥…¸)9Õµ‰•È)½˜AɽÁ•ÉÑ¥•Ì)M½±)Qɕ¹‘¥¹œÙ•ÉÍǪ̃è)AÉ¥½ÈeQ€ä”)AÉ¥½Èe•…Ȁؔ(à”eQ(ÈÌä°ÐÔÀ(È̔(ÌÀÌ°ÄÀà(ÄԔ(ÄԔ)ٕɅ”)1¥ÍЁAÉ¥”½˜)…±° ÕÉɕ¹Ð)Q½Ñ…°AɽÁ•ÉÑ¥•Ì) ÕÉɕ¹Ñ±ä)™½È1¥ÍÑ¥¹Ì)M…±”€¡%¹Ù•¹Ñ½Éä¤)Qɕ¹‘¥¹œÙ•ÉÍǪ̃è)AÉ¥½ÈeQAÉ¥½Èe•…È)eQ)5…É­•Ð)Aɽ™¥±”(˜Qɕ¹‘Ì))Õ¹”5•‘¥…¸)M…±•Ì)AÉ¥”=ٕÉÙ¥•Ü)5•‘¥…¸)1¥ÍЁAÉ¥”)½˜…±°AÉ¥”) ÕÉɕ¹Ð1¥ÍÑ¥¹Ì))Õ¹”ٕɅ”)M…±•Ì)ٕɅ”1¥ÍЁAÉ¥”½˜…±° ÕÉɕ¹Ð1¥ÍÑ¥¹Ì)5…É­•ÐAɽ™¥±”€˜Qɕ¹‘́=ٕÉÙ¥•Ü)5•‘¥…¸1¥ÍЁAÉ¥”½˜…±° ÕÉɕ¹Ð1¥ÍÑ¥¹Ì)AÉ¥”I…¹”聱°ðAɽÁ•ÉÑ¥•ÌèM €´ ½¸)5…É­•ÐÑ¥½¸I•Á½ÉÐ) ¥ÑäèÕ±˜ ɕ•é”))Õ¹”€ÈÀÄÜ(ظÀ(иÀ(ȸÀ(À¸À(à¸À(ظÀ(иÀ(ȸÀ(À¸À)(L<8(44((L<8(44((L<8(44()(L<8(44((L<8(44((L<8(44((ÄÐ(ÄÔ(ÄØ(ÄÜ(ÄÐ(ÄÔ) ½ÁåÉ¥¡Ð+ ¤ ½±‘Ý•±°) …¹­•È)I•Í¥‘•¹Ñ¥…°)Íхє(¼ ½±‘Ý•±°) …¹­•È)U¹¥Ñ•°)I•…±Ñ½ÉÌ)AÉ¥”I…¹”è)±°ðAɽÁ•ÉÑä)QåÁ•Ìè)M €´ ½¸) ½ÁåÉ¥¡Ð+ ¤ ½±‘Ý•±°) …¹­•È)I•Í¥‘•¹Ñ¥…°)I•…°I•…°)Íхє(¼ ½±‘Ý•±°) …¹­•È)U¹¥Ñ•°)I•…±Ñ½ÉÌ)ðAÉ¥”ðI…¹”è)±°ðAɽÁ•ÉÑä)QåÁ•ÌèM (´ ½¸(ÄØ(ÄÜ)Œ¼°‘܁•°°ˆ„¸¬•È ¼´•Ì€¸Œ¼´)ð€ÈÀÜ)…Ñ„)Áɽ٥‘•)½ÕÉѕÍä)½˜ɕ…Ñ•È)1…Õ‘•É‘…±”)I1Q=IL°)I1Q=H)Íͽ¥…Ñ¥½¸)½˜5…ÉÑ¥¸)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)±½É¥‘„51L°)I•¥½¹…°)51L°) ½…ɐ½˜I1Q=IL°)I1Q=IL½˜Íͽ¥…Ñ¥½¸)½˜Ñ¡”A…±´) •…¡•Ì°)MÁ…” ½…ÍÐ)ÍÌ)…Ñ„)¥Ì¥Ì)Áɽ٥‘•)½ÕÉѕÍä)½˜ɕ…Ñ•È)½ÉЁ½ÉÐ)1…Õ‘•É‘…±”)I1Q=IL°)I1Q=H)Íͽ¥…Ñ¥½¸)½˜5…ÉÑ¥¸) ½Õ¹Ñ䰁 ½Õ¹Ñä°)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)5䁱½É¥‘„5ä)I•¥½¹…°)9…Á±•Ì)ɕ„9…Á±•Ì) ½…ɐɕ„)½˜I1Q=IL°)I1Q=ILÍͽ¥…Ñ¥½¸)Ñ¡”A…±´ •…¡•Ì°)MÁ…”) ½…ÍЁÍͽ¥…Ñ¥½¸)½˜I0)‘½•Ì)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)…ÕɅä)½˜¥¹™½Éµ…Ñ¥½¸¸)Ñ¡¥Ì¥¹™½Éµ…Ñ¥½¸¸)%Ё¥ÌÉ•ÍÁ½¹Í¥‰¥±¥Ñä)Ñ¡”É•ÍÁ½¹Í¥‰¥±¥Ñä)…¹ä½È‰Õå•È)ٕɥ™ä)…¹…±°¥¹™½Éµ…Ñ¥½¸)ѼÍՍ ½¹ÍÕµ•ËŠeÌ)•ÍхєÑɅ¹Í…Ñ¥½¸¸)‘½•Ì)¹½Ð¹½Ð)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”Ñ¡”)…ÕɅä)½˜Ñ¡¥Ì)%Ё¥ÌÑ¡”)½˜…¹ä½˜)‰Õå•È)͕±±•È½ÈÑ¼Í•±±•È)ٕɥ™äÑ¼…¹ä)…¹…¹ä)…±°¥¹™½Éµ…Ñ¥½¸)ɕ±•Ù…¹ÐÑ¼É•±•Ù…¹Ð)ÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÉ•…°)ÑɅ¹Í…Ñ¥½¸