FL ARCHIVED May 2017 | Page 195

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

City : Pensacola Beach

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
$ 595,000
-4%
11 %
Average List Price of all Current Listings
$ 771,039
1 %
12 %
May Median Sales Price
$ 438,500
-16%
3 %
69 %
2 %
$ 427,500
5 %
-1%
May Average Sales Price
$ 670,594
31 %
25 %
53 %
37 %
$ 542,808
14 %
11 %
Total Properties Currently for Sale ( Inventory )
119
2 %
-32%
May Number of Properties Sold
32
28 %
191 %
128
56 %
May Average Days on Market ( Solds )
139
-3% -11% -1%
-6%
151
7 %
2 %
Asking Price per Square Foot ( based on New Listings )
$ 387
16 %
10 %
15 %
15 %
$ 354
2 %
5 %
May Sold Price per Square Foot
$ 342
4 %
8 %
31 %
14 %
$ 317
9 %
6 %
May Month ' s Supply of Inventory
3.7 -21% -11% -76% -60%
5.0
-54%
-46%
May Sale Price vs List Price Ratio
94.3 %
. 7 %
. 3 %
. 4 %
1.0 %
93.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
35 May Property sales were 32 , up 190.9 % from 11 in May of 2016
and 28.0 % higher than the 25 sales last month . May 2017 sales 30 Property were at their Sales highest level compared to May of 2016 and 2015 . 35
May May Property YTD sales sales of were 128 are 32 , running up 190.9 % 56.1 from % ahead 11 in May of last of 2016 year ' s yearto-date 28.0 % sales higher of 82 than . the 25 sales last month . May 2017 sales 30
25 and were at their highest level compared to May of 2016 and 2015 . 20 May YTD sales of 128 are running 56.1 % ahead of last year ' s yearto-date sales of 82 .
15
25 20
10 15
5
10

Pensacola Agent Name Beach Title Phone Website Other

Community Information | School District

Number of Properties Sold
22 15 15 20 25 19 13 24 21 26 21 27 31 29 25 23 23 19 16 21 11 12 27 11 22 16 22 23 27 18 15 18 22 31 25 32
198
22 15 15 20 25 19 13 24 21
186
186 198
173 186
164 186
156 173
147 164
152 156
152 147 144
152 153
152
26 21 27
Number of Properties Sold
5
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 $ 438,500 , up 68.7 % from
700
Prices
$ 260,000 in May of 2016 and down 15.7 % from $ 520,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in May Price was $ in 438,500 May was , up $ 670,594 68.7 % from , up 53.5 %
650
700
$ from 260,000 $ 436,920 in May in of May 2016 of and 2016 down and 15.7 up % 30.6 from % $ from 520,000 $ 513,632 last last
600
. The Average Sales Price in May was $ 670,594 , up 53.5 %
650 month . May 2017 ASP was at the highest level compared to May
550 from $ 436,920 in May of 2016 and up 30.6 % from $ 513,632 last
600 of 2016 and 2015 .
500 month . May 2017 ASP was at the highest level compared to May
550
450 of 2016 and 2015 .
500
400
450
350
400
300
350
250
300
250
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 119 , Inventory up 1.7 % from of Properties 117 last month available and for down sale as 31.6 of % May from 174 was in May 119 , up of last 1.7 % year from . May 117 last 2017 month Inventory and down was 31.6 at its % from lowest 174 level
250 in compared May of last with year May . May of 2017 2016 Inventory and 2015 was . at its lowest level
200 compared with May of 2016 and 2015 .
150
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 3.7 a higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 3.7 of 2016 and
50 months
2015 . was at its lowest level compared with May of 2016 and
2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
250
18.0
200
16.0
14.0
150
12.0
10.0
100
8.0
6.0
50
4.0
2.0
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
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
31 29 25 23 23 19 16 21
3 Mo Avg
154 144 163 153
157 154
158 163
147
157 140 130
158
121 147
137 140
148 130
121 155
137 177
148 174
177 155
177 177
169 174
150 177 150 177
153 169
140 150
125 150
126 153
128 140
117 125
119 126
11 12 27 11 22 16 22 23 27 18 15 18
128 22
117
3 Mo Avg
31
119 25 32
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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