FL ARCHIVED May 2017 | Page 191

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

County : Escambia

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
$ 235,000
7 %
24 %
Average List Price of all Current Listings
$ 336,831
5 %
19 %
May Median Sales Price
$ 169,900
6 %
6 %
17 %
11 %
$ 159,000
8 %
4 %
May Average Sales Price
$ 223,727
10 %
10 %
27 %
18 %
$ 203,554
11 %
7 %
Total Properties Currently for Sale ( Inventory )
1,604
-1%
-17%
May Number of Properties Sold
497
17 %
3 %
2,039
2 %
May Average Days on Market ( Solds )
80
1 %
-6%
-1%
-12%
87
-9%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 133
7 %
5 %
16 %
14 %
$ 127
8 %
9 %
May Sold Price per Square Foot
$ 122
5 %
6 %
27 %
18 %
$ 114
15 %
11 %
May Month ' s Supply of Inventory
3.2 -16% -10% -19% -30%
4.1
-18%
-10%
May Sale Price vs List Price Ratio
95.9 %
1.3 % 1.0 % 1.4 % 1.9 %
94.7 %
1 %
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 497 , up 3.1 % from 482 in May of 2016
and 16.9 % higher than the 425 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 2,039497 are , up running 3.1 % from 2.4 % 482 ahead in May of last of 2016 year ' s and year-to-date 16.9 % higher sales than of the 1,992 425 . sales last month . May 2017 sales
500 were at their highest level compared to May of 2016 and 2015 .
400
May YTD sales of 2,039 are running 2.4 % ahead of last year ' s year-to-date sales of 1,992 .
400
300
300
200

Escambia 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 $ 169,900 , up 17.0 % 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
$ 145,248 in May of 2016 and up 5.6 % from $ 160,900 last
The month Median . The Sales Average Price Sales in May Price was $ in 169,900 May was , up $ 223,727 17.0 % from , up 27.3 %
$ from 145,248 $ 175,785 in May in of May 2016 of and 2016 up 5.6 and % up from 10.4 $ % 160,900 from $ last 202,731 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 223,727 compared , up 27.3 to % May from $ 175,785 in May of 2016 and up 10.4 % from $ 202,731 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
409 396 432 384 371 294
409 396 432 384 371 294 369 291 298 419 438 462 474 476 476 411 406 335 400 298 322 428 462 482 527 444 407 455 435 384 411 315 341 461 425 497
120
100
100
J
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
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 1,604 Inventory , down 1.3 of % Properties from 1,625 available last month for sale and as down of May 16.6 %
3,000 was from 1,604 1,923 , down in May 1.3 % of from last 1,625 year . last May month 2017 and Inventory down 16.6 was % at its
3,000
2,500 from lowest 1,923 level in May compared of last with year . May of 2017 2016 Inventory and 2015 was . at its
2,500 lowest level compared with May of 2016 and 2015 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
2,000
6.0
1,500
5.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The May 2017 MSI of 3.2 higher MSI is better for buyers . The May 2017 MSI of 3.2
500
2.0 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
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 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
369 291 298
2,513 2,521 2,524 2,416 2,454 2,389 2,307 2,352 2,420 419 438
2,513 2,521 2,524 2,416 2,454 2,389 2,307 2,352 2,420 2,416 2,381 2,375 2,409 2,344 2,284 2,204 2,133 2,108 2,009
Number of Properties Sold
462 474 476 476 411 406 335
2,416 2,381 2,375 2,409 2,344 2,284 2,204 2,133 2,108
400 298 322 428 462
2,009 1,971 1,910 1,974 1,960 1,923 482 527 444 407 455 435 384
1,971 1,910 1,974 1,960 1,923 1,901 1,928 1,889 1,854 1,785 1,803 1,711 1,619 1,665 1,686 1,625
3 Mo Avg
411
1,604 315 341
1,901 1,928 1,889 1,854 1,785 1,803 1,711 1,619 1,665 1,686
3 Mo Avg
461 425
1,625 1,604
497
9.0 8.0 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 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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