FL ARCHIVED May 2017 | Page 17

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

County : Pasco

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
$ 239,795
5 %
23 %
Average List Price of all Current Listings
$ 280,871
5 %
17 %
May Median Sales Price
$ 190,750
12 %
9 %
23 %
18 %
$ 173,000
17 %
7 %
May Average Sales Price
$ 201,191
7 %
5 %
15 %
12 %
$ 188,336
12 %
5 %
Total Properties Currently for Sale ( Inventory )
2,240
-7%
-15%
May Number of Properties Sold
1,130
13 %
8 %
4,597
1 %
May Average Days on Market ( Solds )
57
4 %
-3% -11% -10%
60
-13%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 114
3 %
2 %
15 %
11 %
$ 111
12 %
8 %
May Sold Price per Square Foot
$ 105
1 %
3 %
13 %
11 %
$ 101
13 %
7 %
May Month ' s Supply of Inventory
2.0 -18% -13% -21% -35%
2.8
-13%
-7%
May Sale Price vs List Price Ratio
95.3 %
-. 4 %
. 2 %
. 5 %
. 6 %
95.0 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200 May Property sales were 1,130 , up 7.5 % from 1,051 in May of 2016 and 13.0 % higher than the 1,000 sales last month . May Property Sales
1,000 2017 sales were at their highest level compared to May of 20161,200 May and Property 2015 . May sales YTD were sales 1,130 of , 4,597 up 7.5 % are from running 1,0511.5 in May % ahead of of
2016 and 13.0 % higher than the 1,000 sales last month . May 800 last year ' s year-to-date sales of 4,531 .
1,000 2017 sales were at their highest level compared to May of 2016 and 2015 . May YTD sales of 4,597 are running 1.5 % ahead of
600 800 last year ' s year-to-date sales of 4,531 .

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

600 400
400 200
Number of Properties Sold
200
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 $ 190,750 , up 22.7 % from
J
J
14
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
$ 155,500 in May of 2016 and up 11.5 % from $ 171,000 last
240
The month Median . The Sales Average Price Sales in May Price was in $ 190,750 May was , up $ 22.7 201,191 % from , up 14.5 %
$ from 155,500 $ 175,667 in May in of May 2016 of and 2016 up and 11.5 % up from 6.6 % $ 171,000 from $ 188,788 last last
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 201,191 compared , up 14.5 to % May from $ 175,667 in May of 2016 and up 6.6 % from $ 188,788 last
220
200 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
200
180
of 2016 and 2015 .
180
160
160 140
140 120
120 100
100
848 753 780 807
848 753 780 807 843 753 872 654 721 932 935 1,007 1,112 1,053 970 870 871 790 916 681 760 998 1,041 1,051 1,046 975 988 895 792 802 912 670 753 1,044 1,000 1,130
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
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 2,240 Inventory , down 7.1 of % Properties from 2,410 available last month for sale and as down of May 14.6 %
4,500 was from 2,240 2,624 , down in May 7.1 % of from last 2,410 year . last May month 2017 and Inventory down 14.6 was % at its
4,5004,000
7.0 from lowest 2,624 level in compared May of last with year . May of 2017 2016 Inventory and 2015 was . at its
4,0003,500
6.0 lowest level compared with May of 2016 and 2015 .
3,5003,000
5.0
3,0002,500
2,500
4.0
2,000
2,000
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,500 higher MSI is better for buyers . The May 2017 MSI of 2.0
1,000
2.0 higher MSI is better for buyers . The May 2017 MSI of 2.0
1,000 months was at its lowest level compared with May of 2016 and
500 months was at its lowest level compared with May of 2016 and
500
1.0
2015 .
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 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
14
15
15
16
16
17
17
843 753 872 654 721
4,130 4,055 3,972 3,938 3,938 3,853 3,746 3,778 3,727 3,619 3,575 3,534 932 935
Number of Properties Sold
1,007 1,112 1,053 970 870 871 790 916 681
3,385 3,333 3,273 3,176 3,077 3,070 3,005 3,004 2,942 2,886 2,794 2,624 760 998 1,041 1,051 1,046 975 988 895 792
3 Mo Avg
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
4,130 4,055 3,972 3,938 3,938 3,853 3,746 3,778 3,727 3,619 3,575 3,534 3,385 3,333 3,273 3,176 3,077 3,070 3,005 3,004 2,942 2,886 2,794 2,624
802 912
2,658 2,582 2,540 2,606 2,618 2,641 2,568 2,614 2,570 2,582 2,410 2,240 670 753
2,658 2,582 2,540 2,606 2,618 2,641 2,568 2,614 2,570 2,582
3 Mo Avg
1,044 1,000
2,410 2,240
1,130
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
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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