FL ARCHIVED November 2017 | Page 209

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

City : Pace

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
$ 240,100
2 %
4 %
Average List Price of all Current Listings
$ 262,695
1 %
3 %
November Median Sales Price
$ 212,450
4 %
0 %
11 %
13 %
$ 207,000
11 %
10 %
November Average Sales Price
$ 221,452
-6%
-3%
9 %
11 %
$ 219,439
10 %
10 %
Total Properties Currently for Sale ( Inventory )
245
-8%
-18%
November Number of Properties Sold
72
0 %
3 %
911
14 %
November Average Days on Market ( Solds )
112
3 %
13 %
27 %
4 %
97
-13%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 109
1 %
1 %
7 %
10 %
$ 106
8 %
7 %
November Sold Price per Square Foot
$ 104
-1%
1 %
12 %
11 %
$ 100
8 %
8 %
November Month ' s Supply of Inventory
3.4
-8%
6 %
-20% -32%
4.1
-20%
-18%
November Sale Price vs List Price Ratio
98.3 %
1.5 %
. 1 %
2.7 % 1.0 %
98.3 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
November Property sales were 72 , up 2.9 % from 70 in
November of 2016 and the same as the 72 sales last month .
120
Property
November Sales 2017 sales were at their highest level compared to
140
November Property of 2016 sales and were 2015 . 72 November , up 2.9 % from YTD 70 sales in of 911 are
100
November running 14.2 of 2016 % ahead and the of last same year as ' the s year-to-date 72 sales last sales month of . 798 .
November 2017 sales were at their highest level compared to
120
80
November of 2016 and 2015 . November YTD sales of 911 are
100
running 14.2 % ahead of last year ' s year-to-date sales of 798 .
80
60
40
60
20
40
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 $ 212,450 , up 11.4 %
Prices from $ 190,750 in November of 2016 and up 3.6 % from
The
$ 205,000 Median last Sales month Price . in The November Average was Sales $ 212,450 Price in , up November 11.4 % was
250 from
$ 221,452 $ 190,750 , up in 9.0 November % from $ 203,098 of 2016 and in November up 3.6 % from of 2016 and
240
$ down 205,000 6.0 last % from month $ 235,566 . The Average last month Sales . Price November in November 2017 ASP was was
$ 221,452 , up 9.0 % from $ 203,098 in of 2016 and
230 at the highest level compared to November of 2016 and 2015 . down 6.0 % from $ 235,566 last month . November 2017 ASP was
220 at the highest level compared to November of 2016 and 2015 .
210
200
190
180
170
160
150
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
250
Median Sales Price and Average Sales Price
240
3 Mo Avg
230
220
210
200
190
180
170
160
150
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 245 of , down Properties 8.2 % available from 267 for last sale month as of and down
November
18.1 % from was 299 245 in , down November 8.2 % from of last 267 year last . month November and down 2017
400
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
18.1
Inventory % from 299 was in at November its lowest of level last compared year . November with November 2017 of
350
Inventory
2016 and was 2015 at . its lowest level compared with November of
300
2016 and 2015 .
250
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial November for sellers 2017 while MSI a of 3.4
100 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 3.4 of 2016 months was at its lowest level compared with November of 2016
50 and 2015 . and 2015 .
0
300
12.0
250
10.0
200
8.0
150
6.0
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
10.0
8.0
6.0
4.0
2.0
0.0
64 34 54 53 64 59 77 87 55 61 55 31 51 28 38 75 84 91 115 67 88 80 62 70 83 40 56 85 86 87 105 105 95 108 72 72
307 333

Pace

64 34
320 335 333
Agent Name
54
Title Phone Website Other

Community Information | School District

307 333
53
320 335
64 333
367 357
59 367
355 351
77
357 87
355
354 337
55
351 315
61
354 337
55
324 341 315
Number of Properties Sold
31 324
51
320 329
341 28
318 38
320 329
326 328
75 318
84 326
311 301
91 328
317 115 67
311 301
307 299
88 317
80
314 330
62
307
299 344
70
339 339
83
314 330
40 344
336 327
56
339 85
339
315 313
336 86 277
327 87
3 Mo Avg
105
315 313
267 245
105 277
95 267
3 Mo Avg
108
245 72 72
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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