FL ARCHIVED May 2017 | Page 185

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

County : Bay

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
$ 389,750
6 %
27 %
Average List Price of all Current Listings
$ 567,303
5 %
31 %
May Median Sales Price
$ 267,000
4 %
3 %
3 %
4 %
$ 256,000
1 %
0 %
May Average Sales Price
$ 371,366
18 %
13 %
7 %
17 %
$ 320,137
4 %
1 %
Total Properties Currently for Sale ( Inventory )
248
-2%
-41%
May Number of Properties Sold
53
2 %
23 %
238
43 %
May Average Days on Market ( Solds )
144
3 %
-1%
-1%
5 %
145
-5%
6 %
Asking Price per Square Foot ( based on New Listings )
$ 278
3 %
7 %
32 %
19 %
$ 258
16 %
11 %
May Sold Price per Square Foot
$ 239
5 %
5 %
13 %
13 %
$ 226
9 %
7 %
May Month ' s Supply of Inventory
4.7
-4%
-3% -52% -61%
6.4
-52%
-47%
May Sale Price vs List Price Ratio
94.8 %
. 1 %
-. 0 % -. 3 %
. 6 %
94.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales May Property sales were 53 , up 23.3 % from 43 in May of 2016
and 1.9 % higher than the 52 sales last month . May 2017 sales Property were at their Sales highest level compared to May of 2016 and 2015 . 60
May May Property YTD sales sales of were 238 are 53 , up running 23.3 % 43.4 from % 43 ahead in May of last of 2016 year ' s and year-to-date 1.9 % higher sales than of the 16652 . sales last month . May 2017 sales
50 were at their highest level compared to May of 2016 and 2015 . May YTD sales of 238 are running 43.4 % ahead of last year ' s
40 year-to-date sales of 166 .

Bay County

Agent Name
Title Phone Website Other

Community Information | School District

30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
20 10
10
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 $ 267,000 , up 3.1 % from
400
Prices
$ 259,000 in May of 2016 and up 3.7 % from $ 257,500 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in May Price was $ in 267,000 May was , up $ 371,366 3.1 % from , up 7.1 %
380
400
$ from 259,000 $ 346,618 in May in of May 2016 of and 2016 up and 3.7 % up from 17.6 $ % 257,500 from $ last 315,837 last
360
. The Average Sales Price in May was $ 371,366 , up 7.1 %
380 month . May 2017 ASP was at the highest level compared to May
340 from $ 346,618 in May of 2016 and up 17.6 % from $ 315,837 last
360 of 2016 and 2015 .
320 month . May 2017 ASP was at the highest level compared to May
340
300 of 2016 and 2015 .
320
280
300
260
280
240
260
220
240
220
200
200
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
The was Total 248 , Inventory down 2.0 of % Properties from 253 last available month for and sale down as of 41.0 May % from was 420248 in , May down of 2.0 last % year from . 253 May last 2017 month Inventory and down was 41.0 at its % from lowest
450
420 level in compared May of last with year . May of 2017 2016 Inventory and 2015 was . at its lowest
400 level compared with May of 2016 and 2015 .
350
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The May 2017 MSI of 4.7 higher MSI is better for buyers . The May 2017 MSI of 4.7
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
25.0
350
300
20.0
250
15.0
200
150
10.0
100
50
5.0
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
25.0
20.0
15.0
10.0
5.0
0.0
26 24 32 29 24 30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 38 34 33 43 36 31 56 37 38 25 35 33 45 55 52 53
285
26 24
284
302 285
308 284 32 29
328 302
325 308 24 30 31 14 28
287 328
318 325
301 287 307
318 343 301
45
376 373
307 36 343 386 39 36 37 29 45 53 42 42 18
376
391 373 397
386
374 361
391
364 397
393 374
400 361
400 364
407 393
420 400
408 400
410 407
388 420
383 408 392 410
369 388
354 383
330 392
325 369
38 34 33 43 36 31 56 37 38 25
354 330
35
275 253 248
325 33
275 45
253 55
248 52 53
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 Ass 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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