FL ARCHIVED March 2018 | Page 56

Market Action Report March 2018
Community Information | School District
Market Action Report March 2018

City : Palm Harbor 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
$ 312,450
8 %
12 %
Average List Price of all Current Listings
$ 423,701
5 %
13 %
March Median Sales Price
$ 243,750
2 %
5 %
24 %
4 %
$ 233,700
11 %
-1%
March Average Sales Price
$ 281,273
-3%
4 %
15 %
4 %
$ 271,394
11 %
0 %
Total Properties Currently for Sale ( Inventory )
366
-5%
-28%
March Number of Properties Sold
154
22 %
-22%
370
-14%
March Average Days on Market ( Solds )
52
11 %
-5% -36% -21%
57
-31%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 166
-1%
2 %
4 %
5 %
$ 165
5 %
4 %
March Sold Price per Square Foot
$ 151
-1%
1 %
9 %
3 %
$ 149
9 %
2 %
March Month ' s Supply of Inventory
2.4 -22% -25% -8%
-19%
3.2
-17%
8 %
March Sale Price vs List Price Ratio
94.9 %
. 3 %
. 1 %
. 5 %
-. 3 %
94.7 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
250
March Property sales were 154 , down 21.8 % from 197 in March
of 2017 and 22.2 % higher than the 126 sales last month . March
Property
2018 sales
Sales were at their lowest level compared to March of 2017
250
March Property sales were 154 , down 21.8 % from 197 in March and 2016 . March YTD sales of 370 are running 14.2 % behind of 2017 and 22.2 % higher than the 126 sales last month . March last year ' s year-to-date sales of 431 .
2018 sales were at their lowest level compared to March of 2017
200
200
150
and 2016 . March YTD sales of 370 are running 14.2 % behind
last year ' s year-to-date sales of 431 .
150
100

Palm Agent Harbor

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
50
0
0
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
15
16
17
18
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
16
Median Sales Price and 17Average Sales Price
18
3 Mo Avg
Median Sales Price and Average Sales Price
186 188 204 174 167 166 151 127 160 95 125 164 165 180 210 170 194 154 152 170 159 102 132 197 178 201 203 188 186 139 135 134 137 90 126 154
A 15
Prices
The Median Sales Price in March was $ 243,750 , up 24.0 % from
Prices
$ 196,500 in March of 2017 and up 1.6 % from $ 240,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 243,750 was , up $ 24.0 281,273 % from , up
350
$
14.7 196,500 % from in March $ 245,296 of 2017 in March and up of 1.62017 % from and $ down 240,000 3.0 last % from month . The Average Sales Price in March was $ 281,273 , up
330
$ 289,848 last month . March 2018 ASP was at the highest level
14.7 % from $ 245,296 in March of 2017 and down 3.0 % from
310 compared to March of 2017 and 2016 .
$ 289,848 last month . March 2018 ASP was at the highest level
290 compared to March of 2017 and 2016 .
270
250
350
330
310
290
270
250
230
3 Mo Avg
230
210
210
190
190
170
170
150
150
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 M15J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F M
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of March
The was Total 366 , Inventory down 5.2 of % Properties from 386 last available month for and sale down as of 28.0 March % from was 366 , down 5.2 % from 386 last month and down 28.0 % from
600
508 in March of last year . March 2018 Inventory was at its
508 lowest in March level compared of last year . with March March 2018 of Inventory 2017 and was 2016 at . its
500
600
500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
6.0
5.0
lowest level compared with March of 2017 and 2016 .
400
400
4.0
4.0
300
300
3.0
3.0
A comparatively lower MSI is more beneficial for sellers while a
200
2.0
A comparatively lower MSI is more beneficial for sellers while a
200
2.0 higher MSI is better for buyers . The March 2018 MSI of 2.4 higher MSI is better for buyers . The March 2018 MSI of 2.4
100
1.0 months was at its lowest level compared with March of 2017 and
100
1.0 months was at its lowest level compared with March of 2017 and
, Flagler County Association
2016
2016 . . of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR 0Association
0 , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant 0.0real estate activity
0.0 . C
A M AJ
MJ AJ
SJ
OA NS DO JN FD MJ
AFMM J
AJMA JS JO AN SD OJ
NF MD AJ
MF MJ JA AM SJ
OJ
NA DS J
OF NM
D J
F M
15
15
16
16
17
17
18
18
570
186 188 204 174 167 166 151 127 160 95 125 164 165 180 210 170
569
566 570
562 569
521 566
505 562
521 521
499 505
478 521 509
499 525 478 548 509 546 525
537 548
536 546
547 537 564
528
536
536 547
545 564
508 528
510 536
508 545
508 508
475 510
471 508
488 508
463 475
435 471 425 488
394 463
391 435
383 425
369
394 386
391
366 383
194 154 152 170 159 102 132 197 178 201 203 188 186 139 135 134 137 369
90
386 126
366
154
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 Asso 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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