FL ARCHIVED November 2017 | Page 191

Market Action Report Pensacola Beach Agent Name Title Phone Agent Name Website Title Other Market Action Report November 2017 City: Pensacola Beach Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $618,000 Other Market Profile & Trends Overview Median List Price of all Current Listings LM Trending versus*: L3M PYM LY 4% 19% $806,266 Trending 4% versus*: 18% Month LM -2% L3M -2% PYM 2% LY $430,000 $618,000 4% 49% 16% 19% 41% $680,966 $806,266 107 4% -14% 18% -29% $430,000 -2% -2% 2% 6% 0% 19 111% $680,966 142 49% 61% 16% 35% 41% 0% 39% 107 $395 -14% 12% -29% 9% 31% 19 111% 6% $313 -5% -4% -3% 142 61% 35% 0% -4% 5.6 -59% -34% -33% $395 12% 9% 31% 17% 94.0% 2.0% -.1% -1.3% Price Range: All | Properties: SFH - Con Average List Price of all Current Listings Market Profile & Trends Overview November Median Sales Price Median List Price of all Current November Average Sales Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) November Sales Price November Median Number of Properties Sold November Average Sales Price November Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) November Number of Properties Sold November Sold Price per Square Foot November Average Days on Market (Solds) November Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) November Sale Price vs List Price Ratio November Sold Price per Square Foot $313 -5% -4% -3% 5.6 -59% -34% -33% 94.0% 2.0% -.1% -1.3% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date November Month's Supply of Inventory November 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 35 Prices The Median Sales Price in November was $430,000, up 1.8% from $422,500 in November of 2016 and down 2.3% from Prices The Median last Sales month. Price in The November was $430,000, 1.8% $440,000 Average Sales Price in up November 700 from November of 2016 and down 2.3% from of 2016 was $422,500 $680,966, in up 41.5% from $481,300 in November 650 $440,000 last month. The Average Price November in November and up 48.8% from $457,500 last Sales month. 2017 ASP 600 was $680,966, up 41.5% from $481,300 in November of 2016 was at the highest level compared to November of 2016 and 550 and up 48.8% from $457,500 last month. November 2017 ASP 2015. 500 450 400 350 300 250 200 11 16 D J F M A M J J A S Median O N D J Sales F M A Price M J J and A S Average O N D J Sales F M A Price M J J A S O N 3 Mo Avg 14 15 16 17 700 650 600 550 500 450 400 350 300 250 200 Median Sales Price and Average Sales Price 3 Mo Avg 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 100 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. November 2017 while MSI a of 5.6 50 higher MSI is better for buyers. November MSI of 5.6 months was at its lowest level The compared with 2017 November of 2016 months was at its lowest level compared with November of 2016 and 2015. 0 and 2015. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of 200 November was 107, 13.7% available from 124 The Total Inventory of down Properties for last sale month as of and down 200 29.1% from 151 in November of last year. November 2017 November was 107, down 13.7% from 124 last month and down 150 Inventory was in at November its lowest of level with November of 29.1% from 151 last compared year. November 2017 150 Inventory at its lowest level compared with November of 2016 and was 2015. 2016 and 2015. 100 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 was at the highest level compared to November of 2016 and 2015. 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 0 0 5 3 Mo Avg 5 10 3 Mo Avg 10 15 5% $322 9% 8% -39% 6.3 -32% -32% Number of 93.8% Properties .7% 1% Sold 0% 15 20 -10% 4% 8% -32% 0% 20 25 $440,000 3% 12% 2% 236 $561,717 15% -14% 15% -4% 133 17% $350 5% 236 12% 5% $322 9% 133 -14% -10% -39% 6.3 -32% $350 5% 4% .7% 93.8% 1% 25 November 2017 sales were at their highest level compared to November of 2016 and 2015. November YTD sales of 236 are running 12.4% ahead of last year's year-to-date sales of 210. Trending versus*: Prior YTD 3% Prior Year 2% 0% YTD $440,000 39% $561,717 15% 15% Number of Properties Sold 30 November Property sales were 19, up 5.6% from 18 in November of 2016 and 111.1% higher than the 9 sales last month. Property November Sales 2017 sales were at their highest lev