FL ARCHIVED November 2017 | Page 147

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

City : Palm Coast

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
$ 279,000
0 %
3 %
Average List Price of all Current Listings
$ 394,423
-1%
-8%
November Median Sales Price
$ 204,000
-4%
-4%
1 %
7 %
$ 208,000
9 %
9 %
November Average Sales Price
$ 251,894
3 %
0 %
5 %
8 %
$ 254,105
9 %
9 %
Total Properties Currently for Sale ( Inventory )
978
-2%
-2%
November Number of Properties Sold
147 -15%
-8%
2,162
0 %
November Average Days on Market ( Solds )
68 -14% -12% -27% -19%
77
-8%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 145
1 %
1 %
2 %
5 %
$ 141
3 %
2 %
November Sold Price per Square Foot
$ 132
4 %
3 %
8 %
11 %
$ 127
9 %
8 %
November Month ' s Supply of Inventory
6.7
15 %
10 %
7 %
17 %
5.5
-4%
-3%
November Sale Price vs List Price Ratio
96.5 %
-. 1 %
-. 2 %
. 1 %
. 0 %
96.5 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
November Property sales were 147 , down 8.1 % from 160 in
November of 2016 and 14.5 % lower than the 172 sales last
Property month . November Sales 2017 sales were at their lowest level
300
250
November compared Property to November sales were of 2016 147 , and down 2015 8.1 %. November from 160 in YTD sales
November of 2,162 are of 2016 running and 0.3 14.5 % ahead lower than of last the year 172 ' s sales year-to-date last sales
250 month of 2,155 . November . 2017 sales were at their lowest level compared to November of 2016 and 2015 . November YTD sales
200 of 2,162 are running 0.3 % ahead of last year ' s year-to-date sales
200
150
of 2,155 .
150
100

Palm Agent Coast

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in November was $ 204,000 , up 0.9 %
Prices from $ 202,123 in November of 2016 and down 3.8 % from The $ 212,000 Median last Sales month Price . in The November Average was Sales $ 204,000 Price in , up November 0.9 % was
350 from $ 251,894 $ 202,123 , up in 4.7 November % from $ 240,695 of 2016 and in November down 3.8 % of from 2016 and up $ 3.0 212,000 % from last $ month 244,563 . The last Average month . Sales November Price in 2017 November ASP was was at the $ 251,894 , up 4.7 % from $ 240,695 in November of 2016 and up
300 highest level compared to November of 2016 and 2015 . 3.0 % from $ 244,563 last month . November 2017 ASP was at the
highest level compared to November of 2016 and 2015 .
250
100
50
0
50
0
211 122
300
250
200
211 122 148 219 225 221 230 238 215 202 200 154 190 120 175 204 184 234 249 222 226 195 186 160 196 131 135 245 226 252 246 227 202 179 172 147
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
148 219 225 221 230 238 215 202 200 154 190 120 175 204 184 234 249 222
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
350 Median Sales Price and Average Sales Price
3 Mo Avg
226 195 186 160 196 131 135 245 226 252 246 227 202 179 172 147
200 150
150
100
100
D
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
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 978 of , down Properties 1.5 % available from 993 for last sale month as of and down
1,400
November
1.9 % from was 997978 in , November down 1.5 % of from last 993 year last . November month and 2017 down
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
1.9
Inventory % from 997 was in at November its lowest of level last year compared . November with November 2017 of
1,2001,000
10.0
Inventory
2016 and was 2015 at . its lowest level compared with November of
1,000
800
2016 and 2015 .
8.0
800
600
6.0
A comparatively lower MSI is more beneficial for sellers while a
600
400
A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The November 2017 MSI of
6.7400 higher months MSI was is better at a mid for level buyers compared . The November with November 2017 MSI of of 2016 6.7
200 and
200
2.0 months
2015 . was at a mid level compared with November of 2016 and
0
2015 .
0
0.0
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
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
14
15
16
17
8.0
6.0
4.0
2.0
0.0
1,170 1,240 1,241 1,200 1,196 1,181 1,187 1,161 1,134 1,127 1,098 1,078
1,170 1,240 1,241 1,200 1,196 1,181 1,187 1,161 1,134 1,127 1,098 1,078 1,032 1,103 1,146 1,032
1,103 1,146 1,176 1,129 1,110 1,074 1,049 1,091 1,060 979 997 965 1,034 1,047 1,025 1,030 1,039 1,065 1,029 1,039 1,012 993 978
1,176 1,129 1,110 1,074 1,049 1,091 1,060 979 997 965 1,034 1,047 1,025 1,030 1,039 1,065 1,029 1,039 1,012 993 978
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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