FL ARCHIVED November 2017 | Page 187

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

County : Escambia

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
$ 239,900
4 %
16 %
Average List Price of all Current Listings
$ 331,371
2 %
2 %
November Median Sales Price
$ 164,000
-3%
-4%
7 %
7 %
$ 166,800
9 %
9 %
November Average Sales Price
$ 220,434
6 %
-3%
16 %
16 %
$ 220,589
17 %
16 %
Total Properties Currently for Sale ( Inventory )
1,503
-7%
-19%
November Number of Properties Sold
386 -14%
1 %
4,856
5 %
November Average Days on Market ( Solds )
76
0 %
-11% -16% -16%
88
-3%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 126
4 %
1 %
8 %
8 %
$ 125
7 %
7 %
November Sold Price per Square Foot
$ 116
4 %
-3%
8 %
13 %
$ 119
16 %
16 %
November Month ' s Supply of Inventory
3.9
8 %
3 %
-19% -17%
3.9
-16%
-16%
November Sale Price vs List Price Ratio
94.2 %
-. 6 %
-. 7 %
-. 2 %
. 0 %
95.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
600
November Property sales were 386 , up 0.8 % from 383 in
November of 2016 and 13.6 % lower than the 447 sales last
Property month . November Sales 2017 sales were at their highest level
600
500
November compared Property to November sales were of 2016 386 , and up 0.8 2015 %. from November 383 in YTD sales
November of 4,856 are of 2016 running and 13.6 4.5 % ahead lower than of last the year 447 ' s sales year-to-date last sales
500 month of 4,645 . November . 2017 sales were at their highest level compared to November of 2016 and 2015 . November YTD sales
400 of 4,856 are running 4.5 % ahead of last year ' s year-to-date sales
400
300
of 4,645 .
300
200

Escambia Agent County

Name
Title Phone Website Other

Community Information | School District

200
100
369 291 298 419 438
Number of Properties Sold
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 F M A M J J A S O N
0 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in November was $ 164,000 , up 7.2 % 300
Prices from $ 153,000 in November of 2016 and down 3.5 % from Median Sales Price and Average Sales Price
280
3 Mo Avg
The $ 169,900 Median last Sales month Price . in The November Average was Sales $ 164,000 Price in , up November 7.2 % was 300 from $ 220,434 $ 153,000 , up in 15.5 November % from $ of 190,795 2016 and in November down 3.5 % of from 2016 and up 260
280 $ 5.6 169,900 % from last $ 208,799 month . The last Average month . Sales November Price in 2017 November ASP was was at the 240 $ 220,434 , up 15.5 % from $ 190,795 in November of 2016 and up
260 highest level compared to November of 2016 and 2015 .
220
5.6 % from $ 208,799 last month . November 2017 ASP was at the 240 200 highest level compared to November of 2016 and 2015 . 220
180 200
160 180
140 160
120 140
100
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 1,503 of Properties , down 7.1 % available from 1,618 for sale last as month of and
3,000
November down 18.6 was % from 1,5031,846 , down in 7.1 November % from 1,618 of last year month . November and 3,000
9.0 2,500 down 201718.6 Inventory % from was 1,846 at in its November lowest level of last compared year . November with November 8.0
2,500 2017 of 2016 Inventory and 2015 was . at its lowest level compared with November 2,000
7.0 of 2016 and 2015 . 2,000
6.0 1,500
5.0
1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 3.0 higher MSI is better for buyers . The November 2017 MSI of 3.9 500 higher MSI is better for buyers . The November 2017 MSI of 3.9
2.0 months was at its lowest level compared with November of 2016500 months was at its lowest level compared with November of 2016
1.0 and 2015 .
0 and 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
462 474 476 476 411 405
369 291 298 419 438 462 474 476 476 411 405 335 400 298 322 427 462 484 527 445 407 455 435 383 411 316 341 462 426 505 532 483 519 439 447 386
2,345 2,391 2,459 2,455 2,420 2,413 2,447 2,382 2,320 2,241 2,173 2,148 2,049 2,009 1,946
Number of Properties Sold
335
2,345 2,391 2,459 2,455 2,420 2,413 2,447 2,382 2,320 2,241 2,173 2,148 400 298 322 427 462 484 527 445 407 455 435 383 411
2,009 1,992 1,955 1,933 1,962 1,924 1,889 1,826 1,846 1,759 1,679 1,742 1,787 1,753
316 341 462 426 505
3 Mo Avg
2,049 2,009 1,946 2,009 1,992 1,955 1,933 1,962 1,924 1,889 1,826 1,846 1,759 1,679 1,742 1,787 1,753 1,792 1,750 1,753 1,670 1,665
532
1,792 1,750 1,753 1,670 1,665 1,618 1,503 483 519
3 Mo Avg
439 447
1,618 1,503
386
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 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 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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