FL ARCHIVED November 2017 | Page 139

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

City : Melbourne

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
$ 289,900
0 %
5 %
Average List Price of all Current Listings
$ 341,792
3 %
1 %
November Median Sales Price
$ 240,000
26 %
4 %
26 %
17 %
$ 226,000
10 %
10 %
November Average Sales Price
$ 260,808
4 %
1 %
11 %
11 %
$ 256,134
9 %
9 %
Total Properties Currently for Sale ( Inventory )
625
-3%
-0%
November Number of Properties Sold
200
4 %
1 %
2,573
-2%
November Average Days on Market ( Solds )
44
-8%
-2%
7 %
-10%
43
-12%
-12%
Asking Price per Square Foot ( based on New Listings )
$ 148
2 %
2 %
10 %
14 %
$ 141
8 %
8 %
November Sold Price per Square Foot
$ 135
3 %
1 %
14 %
13 %
$ 131
11 %
10 %
November Month ' s Supply of Inventory
3.1
-7%
1 %
-1%
15 %
2.7
-1%
-0%
November Sale Price vs List Price Ratio
95.4 %
. 3 %
. 1 %
. 8 %
. 3 %
95.6 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
350 November Property sales were 200 , up 0.5 % from 199 in
November of 2016 and 3.6 % higher than the 193 sales last 300 Property month . November Sales 2017 sales were at their highest level 350
November compared Property to November sales were of 2016 200 and , up 0.5 2015 %. from November 199 in YTD sales 250 November of 2,573 are of 2016 running and 2.2 3.6 % higher behind than last the year 193 ' s year-to-date sales last sales 300 of month . November 2017 sales were at their highest level
200
2,632 . compared to November of 2016 and 2015 . November YTD sales 250
of 2,573 are running 2.2 % behind last year ' s year-to-date sales of 150 200
2,632 . 100
150 50
100
Number of Properties Sold
50
0
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 240,000 , up 26.4 %
Prices from $ 189,900 in November of 2016 and up 26.3 % from
The
$ 190,000 Median last Sales month Price . in The November Average was Sales $ 240,000 Price in , up November 26.4 % was
300 from
$ 260,808 $ 189,900 , up in 11.4 November % from $ of 234,162 2016 and in November up 26.3 % from of 2016 and up
280
$
4.4 190,000 % from last $ 249,915 month . The last Average month . Sales November Price in 2017 November ASP was was at the
$ 260,808 , up 11.4 % from $ 234,162 in November of 2016 and up
260 highest level compared to November of 2016 and 2015 .
4.4 % from $ 249,915 last month . November 2017 ASP was at the
240 highest level compared to November of 2016 and 2015 .
220
200
180
160
140
120
100
D
J
F M A M J
J
A
SMedian O N D JSales F M APrice M J Jand
A SAverage O N D
J Sales
F M A Price M J
J
A S O N
14
15
16
17
3 Mo Avg
300
Median Sales Price and Average Sales Price
280
3 Mo Avg
260
240
220
200
180
160
140
120
100
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
14
15
16
17
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
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
The
November Total Inventory was 625 of , down Properties 3.3 % available from 646 for last sale month as of and down
November
0.3 % from was 627 625 in , November down 3.3 % of from last 646 year last . November month and 2017 down
800
0.3
Inventory % from 627 was in at November its lowest of level last compared year . November with November 2017 of
Inventory
2016 and was 2015 at . its lowest level compared with November of 2016 and 2015 .
800
700
600
500
400
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.5
4.0
3.5
700 600 500
400 A comparatively lower MSI is more beneficial for sellers while 300 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial November for sellers 2017 while MSI a of 3.1 200
higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 3.1 of 2016 months was at its lowest level compared with November of 2016 100 and 2015 . and 2015 .
0

Melbourne

Agent Name
Title Phone Website Other

Community Information | School District

235 180 204 254 216 260 270 279 248 227 197 192 207 174 182 262 260 278 291 285 237 255 209 199 231 183 176 254 222 271 299 273 275 227 193 200
634
235 180 204 254 216 260 270 279 248 227
Number of Properties Sold
643
649 634
666 643
661 649
664 666
666 661
643 664
622 666 624
643 660 622 678 624 669
660 687
678 671
669 635
687
638 594
671
655 635
639 638
608 594
583 655
611 639
627 608
197 192 207 174 182 262 260 278 291 285 237 255 209 199 231 183 176 254 222 271
3 Mo Avg
299 273
595 583
588 611
561 627
574 595
594 588 628
561 653 574 649 594 657
628 643
653 646
649 625
657 275 643
227
646 193
625
3.0
2.5
2.0
1.5
1.0
0.5
F M A M J
J
0.0
A S O N
300 200 100
0 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
D J F M A 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 14 15
16 17
14 15 16
17
3 Mo Avg
200
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 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 Asso 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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