FL ARCHIVED May 2017 | Page 207

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

County : Santa Rosa

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
$ 261,662
1 %
12 %
Average List Price of all Current Listings
$ 347,928
2 %
18 %
May Median Sales Price
$ 215,000
0 %
0 %
8 %
8 %
$ 215,000
11 %
8 %
May Average Sales Price
$ 248,827
4 %
1 %
12 %
13 %
$ 241,835
12 %
10 %
Total Properties Currently for Sale ( Inventory )
1,390
0 %
-25%
May Number of Properties Sold
431
7 %
1 %
1,803
4 %
May Average Days on Market ( Solds )
83
9 %
-5% -28% -15%
87
-23%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 129
2 %
1 %
10 %
9 %
$ 127
10 %
8 %
May Sold Price per Square Foot
$ 120
2 %
1 %
12 %
11 %
$ 118
11 %
9 %
May Month ' s Supply of Inventory
3.2
-7%
-4% -26% -32%
4.2
-28%
-11%
May Sale Price vs List Price Ratio
97.5 %
-. 1 %
. 6 %
1.1 % 1.1 %
96.9 %
1 %
0 %
* 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 431 , up 0.7 % from 428 in May of 2016
and 7.5 % higher than the 401 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 1,803431 are , up running 0.7 % from 4.0 % 428 ahead in May of last of 2016 year ' s and year-to-date 7.5 % higher sales than of the 1,733 401 . sales last month . May 2017 sales
500 were at their highest level compared to May of 2016 and 2015 .
400
May YTD sales of 1,803 are running 4.0 % ahead of last year ' s year-to-date sales of 1,733 .
400
300
300
200

Santa Rosa Agent Name County 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 $ 215,000 , up 7.5 % 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
$ 200,000 in May of 2016 and equal to $ 215,000 last month .
The Median Average Sales Sales Price Price in May in May was was $ 215,000 $ 248,827 , up , 7.5 up % 12.2 from % from
$
$ 200,000 221,682 in in May of of 2016 and equal up 3.8 to % $ 215,000 from $ 239,686 last month last .
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
The month Average . May Sales 2017 Price ASP in was May at was the $ highest 248,827 level , up 12.2 compared % from to May
$ 221,682 in May of 2016 and up 3.8 % from $ 239,686 last
270 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
250
250
230
of 2016 and 2015 .
230
210
210 190
190 170
323 368 360 299 332 254
323 368 360 299 332 254 287 211 276 323 370 394 436 453 328 339 317 236 340 219 278 420 388 428 527 452 441 433 358 354 363 258 285 428 401 431
170
150
150
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 1,390 Inventory , up 0.1 % of from Properties 1,388 available last month for and sale down as of 25.0 May % from
2,500 was
1,854 1,390 in , May up 0.1 of % last from year 1,388 . May last 2017 month Inventory and down was 25.0 at % its from lowest
2,500
2,000
1,854 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its lowest
2,000 level compared with May of 2016 and 2015 .
1,500
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
10.0
8.0
12.0
10.0
8.0
6.0
1,000
6.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The May 2017 MSI of 3.2
500 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 3.2 of 2016 and
500
2.0 months
2015 . was at its lowest level compared with May of 2016 and
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
4.0
2.0
0.0
287 211 276 323 370
2,355 2,285 2,223 2,186 2,204 2,169 2,172 2,290 2,243 2,306 2,276 2,292 2,271 2,164 2,085 2,019 2,005 1,936
Number of Properties Sold
394 436 453 328 339
2,355 2,285 2,223 2,186 2,204 2,169 2,172 2,290 2,243 2,306 2,276 2,292 2,271 2,164 2,085 2,019 2,005 317 236 340 219 278 420 388 428 527 452
1,896 1,892 1,899 1,874 1,853 1,854 1,847 1,728 1,667 1,628 1,583 1,533 1,495
441
1,936 1,896 1,892 1,899 1,874 1,853 1,854 1,847 1,728 1,667 1,628
433 358 354
1,476 1,471 1,443 1,388 1,390
3 Mo Avg
363 258
1,583 1,533 1,495 1,476 1,471 1,443
285
3 Mo Avg
428
1,388
1,390 401 431
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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