FL ARCHIVED May 2017 | Page 29

Market Action Report
City: Palm Harbor
Palm Harbor
Agent Name
Market Action Report
City: Palm Harbor
May 2017
May 2017
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Website
Month
Other
$299,900
Market Profile & Trends Overview
Median
Price
all Current Listings
Price Range: All List
| Properties:
SFH of
- Con
LM
Trending versus*:
L3M PYM
LY
6%
15%
$404,997 Trending
8% versus*:
20%
Month
LM -6%
L3M 7%
PYM 11%
LY
$246,000
$299,900
6% -2% 7%
15% 18%
$287,524
$404,997 8%
20%
435 -5%
-18%
$246,000 -6% 7% 11% 7%
201 13%
12%
$287,524 -2% 7% 18% 12%
64 -31% -21% 16%
435 -5%
-18%
$163
8% 3%
13%
201 13%
12%
$149
1%
4%
64 -31% -21% 16% 14%
5%
$163 2.2
8% -16%
3% -11%
13% -27%
12%
$149 95.4%
1% .8%
4% .6%
14% 1.0%
10%
Average List Price of all Current Listings
Market
Profile
& Trends
May Median
Sales
Price Overview
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May Median Sales Price
May Number of Properties Sold
May Average Sales Price
May Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
May Number of Properties Sold
May Sold Price per Square Foot
May Average Days on Market (Solds)
May Month's
Inventory
Asking
Price per Supply
Square of Foot
(based on New Listings)
May Sold
Sale Price
Price per
vs Square
List Price
May
Foot Ratio
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
Prior YTD 11%
Prior Year 0%
7% YTD
$228,000
12%
$266,454
11%
4%
$228,000
$266,454
11%
0%
810
11%
5%
80
12%
$158
810
11%
10%
80 $142
27%
-36% $158
3.2
11%
.7% $142 94.9%
10%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
11%
4%
27%
11%
10% 31%
-16% 8%
0% 4%
31%
8%
4%
-6%
0%
2.2 -16% -11% -27% -36%
3.2 -16%
-6%
of 94.9%
Properties
95.4% .8% .6% 1.0% Number
.7%
0% Sold 0%
May Month's Supply of Inventory
May Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
250
May Property sales were 201, up 12.3% from 179 in May of 2016
and 12.9% higher than the 178 sales last month. May 2017 sales
Property
Sales
were at their
highest level compared to May of 2016 and 2015. 250 200
May Property sales were 201, up 12.3% from 179 in May of 2016
May YTD sales of 810 are running 11.4% ahead of last year's year-
and 12.9% higher than the 178 sales last month. May 2017 sales
to-date sales of 727.
200 150
were at their highest level compared to May of 2016 and 2015.
3 Mo Avg
Number of Properties Sold
3 Mo Avg
May YTD sales of 810 are running 11.4% ahead of last year's year-
to-date sales of 727.
150 100
Prices
166
124
Median Sales Price 16
and Average Sales Price
17
15
The Median Sales Price in May was $246,000, up 10.6% from
Prices
$222,500 in May of 2016 and down 6.3% from $262,450 last
290
The
Median
Sales
Price Sales
in May Price
was $246,000,
10.6% from
month.
The
Average
in May was up
$287,524,
up 17.6%
$222,500
in
May
of
2016
and
down
6.3%
from
$262,450
last
from $244,503 in May of 2016 and down 2.3% from $294,151 290 270
month.
The Average
Sales
Price
in at
May
$287,524,
up 17.6% to
last month.
May 2017
ASP
was
the was
highest
level compared
270 250
from $244,503 in May of 2016 and down 2.3% from $294,151
May of 2016 and 2015.
last month. May 2017 ASP was at the highest level compared to 250 230
May of 2016 and 2015.
14
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
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
0
50
50
100
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
230 210
210 190
190 170
170 150
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
15 A M J J A S O N D J F M 16
J J 14
A S O N D J F M
A M J J A S O N D J F M A 17 M
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
c o l dw el l b a n k er h o m es . c o m
5.0
4.0
5.0
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 200 200
higher MSI is better for buyers. The May 2017 MSI of 2.2
higher MSI is better for buyers. The May 2017 MSI of 2.2
months was at its lowest level compared with May of 2016 and 100 100
months was at its lowest level compared with May of 2016 and
0
2015.
0
2015.
J S J O
A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N F D
J M
F M
M S J O J N A D S J O F N M D A J M F
J J A
M A
J A
J A
15
16
17
14 14
15
16
17
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
6.0
6.0
300
400
7.0
7.0
400
500
Total Inventory & Month's Supply of Inventory (MSI)
Inventory
& MSI of Properties available for sale as of May
The Total Inventory
The
of Properties
available
for and
sale down
as of 18.2%
May from 700
was Total
435, Inventory
down 5.4%
from 460 last
month
700
was
down of 5.4%
from 460
month
and down
532 435,
in May
last year.
May last
2017
Inventory
was 18.2%
at its from
lowest
600
532
in compared
May of last with
year. May
May of 2017
Inventory
was at its lowest
600
level
2016
and 2015.
500
level compared with May of 2016 and 2015.
150
3.0
2.0
1.0
0.0
4.0
3.0
2.0
1.0
0.0
M A M
| 29
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
does
warrant
or guar