FL ARCHIVED May 2017 | Page 161

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

County : Volusia

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
$ 259,900
0 %
14 %
Average List Price of all Current Listings
$ 387,720
2 %
22 %
May Median Sales Price
$ 164,500
-0%
0 %
13 %
9 %
$ 163,000
15 %
8 %
May Average Sales Price
$ 194,903
1 %
0 %
11 %
10 %
$ 193,327
15 %
9 %
Total Properties Currently for Sale ( Inventory )
1,295
-0%
-19%
May Number of Properties Sold
549
8 %
9 %
2,345
5 %
May Average Days on Market ( Solds )
54
-2% -11% -24% -18%
61
-18%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 130
-3%
-2%
11 %
10 %
$ 131
15 %
11 %
May Sold Price per Square Foot
$ 115
1 %
2 %
15 %
14 %
$ 111
18 %
10 %
May Month ' s Supply of Inventory
2.4
-8%
-5% -26% -35%
3.0
-22%
-18%
May Sale Price vs List Price Ratio
96.7 %
. 4 %
. 5 %
1.4 % 1.6 %
96.1 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
600
May Property sales were 549 , up 8.9 % from 504 in May of 2016
and 8.1 % higher than the 508 sales last month . May 2017 sales
Property were at their Sales highest level compared to May of 2016 and 2015 .
600
500
May
May Property YTD sales sales of were 2,345549 are , up running 8.9 % from 4.5 % 504 ahead in May of last of 2016 year ' s and year-to-date 8.1 % higher sales than of the 2,244 508 . sales last month . May 2017 sales
500 were at their highest level compared to May of 2016 and 2015 .
400
May YTD sales of 2,345 are running 4.5 % ahead of last year ' s year-to-date sales of 2,244 .
400
300
300
200

Volusia Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
Number of Properties Sold
100
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 $ 164,500 , up 13.4 % from
J
14
J
A S O N D
J
F
MMedian A M J JSales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
3 Mo Avg
Prices
$ 145,000 in May of 2016 and down 0.3 % from $ 165,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 164,500 May was , up $ 13.4 194,903 % from , up 11.4 %
$ from 145,000 $ 174,992 in May in of May 2016 of and 2016 down and 0.3 up % 1.4 from % from $ 165,000 $ 192,266 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 194,903 compared , up 11.4 to % May from $ 174,992 in May of 2016 and up 1.4 % from $ 192,266 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
160 140
140 120
433 408 437 406 452 387
433 408 437 406 452 387 482 320 338 447 509 455 519 515 503 455 466 358 465 355 378 499 508 504 514 471 513 442 437 397 451 371 390 527 508 549
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 1,295 Inventory , down 0.2 of % Properties from 1,297 available last month for sale and as down of May 18.9 % 2,500
7.0 was from 1,295 1,596 , down in May 0.2 % of from last 1,297 year . last May month 2017 and Inventory down 18.9 was % at its 2,500
7.0 6.0 2,000 from lowest 1,596 level in May compared of last with year . May of 2017 2016 Inventory and 2015 was . at its 6.0
2,000 5.0 lowest level compared with May of 2016 and 2015 . 1,500
5.0 4.0
1,500 4.0
1,000 3.0
A comparatively lower MSI is more beneficial for sellers while 1,000 a 3.0
2.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 2.4 a
500 2.0 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 2.4 of 2016 and 500 1.0 months was at its lowest level compared with May of 2016 and 1.0
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
482 320 338
2,130 2,180 2,180 2,219 2,181 2,127 2,024 2,028 1,970 447 509
2,130 2,180 2,180 2,219 2,181 2,127 2,024 2,028 1,970 1,953 1,912 1,874 1,928 1,878
Number of Properties Sold
455 519 515 503 455 466 358 465 355 378
1,953 1,912 1,874 1,928 1,878 1,895 1,812 1,819 1,790 1,726 1,710 1,672 1,672
499
1,895 1,812 1,819 1,790 1,726 1,710 1,672 1,672 1,626 1,596 1,589 1,581
508
1,626
1,596 504 514 471 513 442 437 397
1,656 1,653 1,620 1,608 1,482 1,417 1,391 1,343 1,297
3 Mo Avg
451 1,295
371
1,589 1,581 1,656 1,653 1,620 1,608 1,482 1,417 1,391
390 1,343
3 Mo Avg
527 508
1,297 1,295
549
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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