Market Action Report May 2017
Community Information | School District
Market Action Report May 2017
City : Palm Coast
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 |
$ 279,000 |
1 % |
|
4 % |
|
|
|
|
Average List Price of all Current Listings |
$ 394,105 |
-0% |
|
-2% |
|
|
|
|
May Median Sales Price |
$ 210,000 |
0 % |
2 % |
12 % |
10 % |
$ 204,000 |
13 % |
7 % |
May Average Sales Price |
$ 262,632 |
-12% |
1 % |
20 % |
13 % |
$ 255,385 |
15 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
944 |
-1% |
|
-14% |
|
|
|
|
May Number of Properties Sold |
235 |
9 % |
|
0 % |
|
951 |
4 % |
|
May Average Days on Market ( Solds ) |
79 |
7 % |
1 % |
5 % |
-6% |
77 |
-13% |
-8% |
Asking Price per Square Foot ( based on New Listings ) |
$ 141 |
-3% |
-1% |
8 % |
2 % |
$ 142 |
4 % |
3 % |
May Sold Price per Square Foot |
$ 131 |
-2% |
2 % |
15 % |
11 % |
$ 127 |
11 % |
8 % |
May Month ' s Supply of Inventory |
4.0 |
-9% |
-3% -14% -28% |
5.5 |
-14% |
-1% |
May Sale Price vs List Price Ratio |
96.5 % |
. 6 % |
. 2 % |
. 1 % |
. 0 % |
96.4 % |
0 % |
-0% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
300 |
May Property sales were 235 , up 0.4 % from 234 in May of 2016 |
|
and 9.3 % higher than the 215 sales last month . May 2017 sales
Property were at their Sales highest level compared to May of 2016 and 2015 .
300
|
250 |
|
May
May Property YTD sales sales of were 951 are 235 running , up 0.4 % 3.7 from % ahead 234 in of May last of year 2016 ' s yearto-date 9.3 % sales higher of than 917 . the 215 sales last month . May 2017 sales and
250 were at their highest level compared to May of 2016 and 2015 .
|
200 |
May YTD sales of 951 are running 3.7 % ahead of last year ' s yearto-date sales of 917 . |
200 |
150 |
|
150 |
100 |
Palm Agent Coast
Name
Title Phone Website Other
Community Information | School District
100
50
194 213 195 193 181 172
Number of Properties Sold
50 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 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in May was $ 210,000 , up 11.8 % from
300
Prices $ 187,800 in May of 2016 and equal to $ 210,000 last month . Median Sales Price and Average Sales Price
3 Mo Avg
The Median Average Sales Sales Price Price in May in May was was $ 210,000 $ 262,632 , up , 11.8 up % 19.5 from % from 280
300 $ $ 187,800 219,767 in in May of of 2016 2016 and and equal down to 11.8 $ 210,000 % from last $ 297,683 month . last 260 The Average Sales Price in May was $ 262,632 , up 19.5 % from
280
month . May 2017 ASP was at the highest level compared to May 240 $ 219,767 in May of 2016 and down 11.8 % from $ 297,683 last 260 of 2016 and 2015 .
220 month . May 2017 ASP was at the highest level compared to May 240 200 of 2016 and 2015 . 220
180 200
160 180
140 160
120
140 120
100
100 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
14 A 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
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 May Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 944 , Inventory down 0.8 of % Properties from 952 last available month for and sale down as of 13.9 May % from 1,400
12.0 was 1,096 944 in , down May 0.8 of last % from year 952 . May last 2017 month Inventory and down was 13.9 at % its from lowest 1,4001,200 12.0
10.0
1,096 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its lowest 1,200 1,000
10.0 level compared with May of 2016 and 2015 .
8.0 1,000
800 8.0
800 6.0
600 6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
400 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The May 2017 MSI of 4.0 400 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 4.0 of 2016 and
200 2.0
2.0 months was at its lowest level compared with May of 2016 and
200 2015 .
0 0.0
2015 . 0
0.0 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
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 14
15 16
17 14
15 16
17
211 122 148 219 225
194 213 195 193 181 172 211 122 148 219 225 221 230 236 215 202 200 153 190 121 175 203 184 234 249 222 224 194 184 159 195 128 134 239 215 235
1,266 1,212 1,204 1,207 1,188 1,202 1,165 1,232 1,233 1,192 1,188 1,172 1,174 1,147 1,118 1,112 1,082 1,061
Number of Properties Sold
221 230 236 215 202
1,266 1,212 1,204 1,207 1,188 1,202 1,165 1,232 1,233 1,192 1,188 1,172 1,174 1,147 1,118 1,112 1,082 200 153 190 121 175 203 184 234 249 222 224
1,016 1,089 1,134 1,162 1,113 1,096 1,063 1,029 1,052 1,020 939 952 912 971
194
1,061
1,016 1,089 1,134 1,162 1,113 1,096 1,063 1,029 1,052 1,020 939 952 184 159
986 954 952 944
3 Mo Avg
195 128
912 971 986 954
134
3 Mo Avg
239
952
944 215 235
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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