FL ARCHIVED November 2017 | Page 201

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

City : Niceville

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
$ 372,000
-1%
22 %
Average List Price of all Current Listings
$ 417,190
3 %
23 %
November Median Sales Price
$ 230,000
-19% -16% -18% -21%
$ 286,000
-3%
-2%
November Average Sales Price
$ 271,280
-16% -15% -17% -14%
$ 318,875
2 %
1 %
Total Properties Currently for Sale ( Inventory )
132
-1%
-30%
November Number of Properties Sold
57 -14%
4 %
752
5 %
November Average Days on Market ( Solds )
75
34 %
27 %
15 %
6 %
61
-13%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 168
12 %
6 %
17 %
14 %
$ 157
7 %
6 %
November Sold Price per Square Foot
$ 137
-10%
-9%
-5%
-3%
$ 150
6 %
6 %
November Month ' s Supply of Inventory
2.3
14 %
2 %
-32% -39%
2.8
-28%
-27%
November Sale Price vs List Price Ratio
94.3 % -2.5% -2.2% -1.4% -1.9%
96.9 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
November Property sales were 57 , up 3.6 % from 55 in November
of 2016 and 13.6 % lower than the 66 sales last month .
Property
November Sales 2017 sales were at their highest level compared to
120
100
November Property of 2016 sales and were 2015 . 57 November , up 3.6 % from YTD 55 sales in November of 752 are of running 2016 and 5.313.6 % ahead % lower of than last year the 66 ' s year-to-date sales last month sales . of 714 .
100
November 2017 sales were at their highest level compared to
80
November of 2016 and 2015 . November YTD sales of 752 are running 5.3 % ahead of last year ' s year-to-date sales of 714 .
80
60
60
40
40

Niceville

Agent Name
Number of Properties Sold
20
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 $ 230,000 , down
Prices
17.8 % from $ 279,900 in November of 2016 and down 18.9 %
The from Median $ 283,500 Sales last Price month in November . The Average was $ 230,000 Sales Price , down in
400
17.8
November % from $ was 279,900 $ 271,280 in November , down 17.4 of 2016 % from and $ down 328,548 18.9 in %
380 from
November $ 283,500 of 2016 last month and down . The 16.3 Average % from Sales $ 324,026 Price in last month . was $ 271,280 , down 17.4 % from $ 328,548 in
360
November 2017 ASP was at the lowest level compared to of 2016 and down 16.3 % from $ 324,026 last month .
340
November of 2016 and 2015 .
November 2017 ASP was at the lowest level compared to
320
November of 2016 and 2015 .
300
280
260
240
220
200
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
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
200
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 132 of , down Properties 1.5 % available from 134 for last sale month as of and down
November
29.8 % from was 188 132 in , down November 1.5 % from of last 134 year last . month November and down 2017
300
29.8
Inventory % from was 188 in at November its lowest level of last compared year . November with November 2017 of
250
Inventory
2016 and was 2015 at . its lowest level compared with November of
2016 and 2015 .
200
300
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
150
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The November 2017 MSI of 2.3 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 2.3 of
201650 months and 2015 was . at its lowest level compared with November of 2016 and 2015 .
0
100
4.0
50
2.0
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 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
4.0
2.0
0.0
59 31 36 72 77 77 97 104 73 57 43 26 54 26 48 68 61 76 106 67 71 71 65 55 50 34 44 71 66 82 110 89 77 56 66 57
278
281 59 31
254 266
36 280
Title Phone Website Other

Community Information | School District

20
278 281
72
254 266
77 280
273 269
77 273
249 248
97
269 104
249
236 228
73
248 231
57
236 228
43
219 222
231
Number of Properties Sold
26 219
54
227 233
26
222 256
48
227 233
241 253
68 256 246
61 241 211
76 253 202
106 246
67 211
196 188
71 202 170
71 196 197
65 188 191
55
170 200 192
50 197
34 191
181 181
44
200 71
192
166 158
181 66 138
181 82
3 Mo Avg
110
166 158
134 132
89 138
77 134
3 Mo Avg
56
132 66 57
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 201