FL ARCHIVED May 2017 | Page 213

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

City : Pace

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
$ 232,900
1 %
12 %
Average List Price of all Current Listings
$ 259,867
3 %
13 %
May Median Sales Price
$ 196,196
6 %
0 %
12 %
4 %
$ 195,400
10 %
4 %
May Average Sales Price
$ 214,087
4 %
1 %
0 %
7 %
$ 210,338
5 %
5 %
Total Properties Currently for Sale ( Inventory )
297
-5%
-10%
May Number of Properties Sold
86
0 %
-5%
353
11 %
May Average Days on Market ( Solds )
114
23 %
9 %
-2%
6 %
100
-24%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 109
5 %
6 %
7 %
10 %
$ 104
8 %
5 %
May Sold Price per Square Foot
$ 99
2 %
1 %
4 %
6 %
$ 98
7 %
5 %
May Month ' s Supply of Inventory
3.5
-5%
-4%
-4%
-31%
4.9
-24%
-2%
May Sale Price vs List Price Ratio
98.5 %
. 4 %
. 4 %
-. 5 %
1.2 %
98.1 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
140
May Property sales were 86 , down 5.5 % from 91 in May of 2016 and the same as the 86 sales last month . May 2017 sales were
120
Number of Properties Sold
3 Mo Avg
Property at a mid level Sales compared to May of 2016 and 2015 . May YTD
140
May sales Property of 353 are sales running were 8611.4 , down % ahead 5.5 % from of last 91 year in May ' s year-to-date of 2016
100
and sales the of same 317 . as the 86 sales last month . May 2017 sales were at a mid level compared to May of 2016 and 2015 . May YTD
sales of 353 are running 11.4 % ahead of last year ' s year-to-date sales of 317 .
120
100
80
60
80
40
60
40
20
20
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 $ 196,196 , up 12.1 % from
Prices
$ 175,000 in May of 2016 and up 5.8 % from $ 185,475 last
The month Median . The Sales Average Price Sales in May Price was $ in 196,196 May was , up $ 12.1 214,087 % from , up 0.5 %
250
$ from 175,000 $ 213,104 in May in of May 2016 of and 2016 up 5.8 and % up from 3.8 $ % 185,475 from $ last 206,209 last . The Average Sales Price in May was $ 214,087 , up 0.5 %
240 month . May 2017 ASP was at the highest level compared to May from $ 213,104 in May of 2016 and up 3.8 % from $ 206,209 last
230 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
220 of 2016 and 2015 .
210
200
190
180
170
160
150
J
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
14
15
16
17
3 Mo Avg
250
Median Sales Price and Average Sales Price
240
3 Mo Avg
230
220
210
200
190
180
170
160
150
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 297 , Inventory down 5.1 % of from Properties 313 last available month for and sale down as of 9.7 May % from was 329297 in , May down of 5.1 last % from year . 313 May last 2017 month Inventory and down was 9.7 at % its from lowest
450
329 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
450
400
350
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
12.0
10.0
14.0
12.0
10.0
8.0
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 3.5 higher MSI is better for buyers . The May 2017 MSI of 3.5
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
200
8.0
150
6.0
100
4.0
50
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
6.0
4.0
2.0
0.0
65 48 53 64 56 49 64 34 54 53 64 59 77 87 55 61 55 31 51 28 38 75 85 91 115 67 88 80 62 70 83 40 56 85 86 86
404 380

Pace

65 404 353
48 380 357
Agent Name
53
Title Phone Website Other

Community Information | School District

64 56 49 64 34 54
332 353
316 357
307 332
334 316
321 307 336
334
334 321 336
53
368 358
64
334 356
59 77 87 55 61 55 31 51 28 38
368 353
358
356
356 339 317
353
326 356
343 339
323 317
331 326
321 343
329 323
330 331
312 321
301 329
317 330 304 312
296 301
305
317
319 304 328 296 318
305 313
319 297
328
75 85 91 115 67 88 80 62 70 83 40
318 56 313
85
297 86 86
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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