FL ARCHIVED May 2017 | Page 11

Market Action Report May 2017
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report May 2017

Phone Community Information | School District

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
$ 238,000
4 %
14 %
Average List Price of all Current Listings
$ 295,798
3 %
16 %
May Median Sales Price
$ 199,250
-0%
0 %
8 %
9 %
$ 199,000
13 %
8 %
May Average Sales Price
$ 236,827
7 %
4 %
17 %
18 %
$ 225,914
17 %
12 %
Total Properties Currently for Sale ( Inventory )
190
-3%
-14%
May Number of Properties Sold
114
11 %
1 %
497
5 %
May Average Days on Market ( Solds )
43
23 %
0 %
-16% -19%
44
-24%
-17%
Asking Price per Square Foot ( based on New Listings )
$ 121
-1%
1 %
12 %
8 %
$ 119
10 %
6 %
May Sold Price per Square Foot
$ 115
3 %
0 %
10 %
7 %
$ 114
11 %
7 %
May Month ' s Supply of Inventory
1.7 -12% -6% -15% -30%
2.1
-18%
-14%
May Sale Price vs List Price Ratio
97.6 %
1.2 %
. 6 %
. 9 %
1.2 %
97.0 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
140
May Property sales were 114 , up 0.9 % from 113 in May of 2016 and 10.7 % higher than the 103 sales last month . May 2017 sales
120
Number of Properties Sold
3 Mo Avg
Property were at their Sales highest level compared to May of 2016 and 2015 .
140
May
May Property YTD sales sales of were 497 are 114 , running up 0.9 % 5.3 from % ahead 113 in May of last of year 2016 ' s yearto-date
100
10.7 % sales higher of 472 than . the 103 sales last month . May 2017 sales and were at their highest level compared to May of 2016 and 2015 .
120
80
May YTD sales of 497 are running 5.3 % ahead of last year ' s yearto-date
100
sales of 472 .
60
80
40
60
40
20
20
0
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
0
14
15
16
17
Prices
The Median Sales Price in May was $ 199,250 , up 7.8 % from
J
14
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Prices
$ 184,900 in May of 2016 and down 0.4 % from $ 199,999 last
The month Median . The Sales Average Price Sales in May Price was $ in 199,250 May was , up $ 7.8 236,827 % from , up 16.7 %
$ from 184,900 $ 202,926 in May of in 2016 May of and 2016 down and 0.4 up % 6.9 from % $ from 199,999 $ 221,628 last last
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 236,827 compared , up 16.7 to % May from $ 202,926 in May of 2016 and up 6.9 % from $ 221,628 last
220 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
200
200
180
of 2016 and 2015 .
180
160
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of May The was Total 190 , Inventory down 3.1 % of from Properties 196 last available month for and sale down as of 14.4 May % from was 222190 in , May down of 3.1 last % from year . 196 May last 2017 month Inventory and down was 14.4 at % its from lowest 400 222 level in compared May of last with year . May of 2017 2016 Inventory and 2015 was . at its lowest 350 level compared with May of 2016 and 2015 .
300 250
200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
May 2017 for sellers
MSI of while
1.7 a higher MSI is better for buyers . The May 2017 MSI of 1.7
100 months was at its lowest level compared with May of 2016 and months was at its lowest level compared with May of 2016 and 50 2015 . 2015 .
0
160 140 120 100
92 89 103 91 87 97 108 72 91 105 105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 109 98 87 110 93 75 94 111 103 114
140 120 100
J 14
400 350 300 250 200
328
150 100 50 0
J J 14
92
J
J 14 A S O N D J 15
350
328 376 89
380 350 103
Title
Website Other
91 87 97 108 72
J A S O N D J
91 105 105 80 110 126 99 90
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
376 380
339 344
347 339
293 344
289 347
289 293 315 289
292 289
281 315
301
292 273 269
281
274 301
263 273
266 269
243 274
226 263
228 266
215 243
222 226
216 228
232 215 232
222 236 216 231
232 224
232 212
236 211
231
202 197
224
196 212
190 211 202
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 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 14
15
15 16
16 17
17
91 82 101 65 89 106 99
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 F M A17
M
113 98 98 109 98 87 110 93 75 94
4.5 4.0 3.5 3.0 2.5 2.0
197 111
196 103
190
1.5 1.0 0.5 0.0 F M A M
114
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con c o l d w e l l b a n k e r h o m e s . c o m | 11
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 .