FL ARCHIVED November 2017 | Page 29

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

City : Palm Harbor

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
$ 299,450
6 %
16 %
Average List Price of all Current Listings
$ 427,213
3 %
26 %
November Median Sales Price
$ 225,000
-6%
-6%
-7%
-2%
$ 237,500
4 %
4 %
November Average Sales Price
$ 265,291
-2%
-4%
-3%
3 %
$ 273,745
7 %
6 %
Total Properties Currently for Sale ( Inventory )
376
-2%
-31%
November Number of Properties Sold
134
-1%
-21%
1,795
1 %
November Average Days on Market ( Solds )
59
-2%
7 %
0 %
-3%
67
16 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 165
4 %
2 %
9 %
13 %
$ 158
8 %
8 %
November Sold Price per Square Foot
$ 146
-3%
-2%
2 %
7 %
$ 146
8 %
7 %
November Month ' s Supply of Inventory
2.8
-1%
-3%
-12% -18%
2.9
-15%
-15%
November Sale Price vs List Price Ratio
94.7 %
. 3 %
-. 3 %
-. 3 %
-. 1 %
95.3 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
November Property sales were 134 , down 21.2 % from 170 in
November of 2016 and 0.7 % lower than the 135 sales last month .
Property
November Sales 2017 sales were at a mid level compared to November
250
November Property sales were 134 , down 21.2 % from 170 in of 2016 and 2015 . November YTD sales of 1,795 are running
November of 2016 and 0.7 % lower than the 135 sales last month .
0.9 % ahead of last year ' s year-to-date sales of 1,779 .
November 2017 sales were at a mid level compared to November
200
200
150
of 2016 and 2015 . November YTD sales of 1,795 are running
0.9 % ahead of last year ' s year-to-date sales of 1,779 .
150
100

Palm Agent Harbor

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
50
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 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
Median 16Sales Price and Average 17 Sales Price
3 Mo Avg
Median Sales Price and Average Sales Price
141 94 117 140 186 188 204 174 167 166 151 127 160 95 125 164 165 180 210 170 194 154 152 170 159 102 132 197 178 201 203 188 186 139 135 134
Prices
The Median Sales Price in November was $ 225,000 , down 6.9 %
Prices from $ 241,788 in November of 2016 and down 6.3 % from
The
$ 240,000 Median last Sales month Price . in The November Average was Sales $ 225,000 Price in , down November 6.9 %
350 from was $ 241,788 265,291 in , down November 3.0 % of from 2016 $ 273,430 and down in 6.3 November % from of
2016330
$ and 240,000 down last 2.1 month % from
. The $ 271,042
Average last
Sales month
Price . November in November 2017 ASP was $ 265,291 , down 3.0 % from $ 273,430 in November of 2016
310 was at a mid range compared to November of 2016 and 2015 . and down 2.1 % from $ 271,042 last month . November 2017 ASP
290 was at a mid range compared to November of 2016 and 2015 .
270
250
230
210
350
330
310
290
270
250
230
210
190
3 Mo Avg
190
170
170
150
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
D
J
14
F
15 M A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 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 376 of , down Properties 1.8 % available from 383 for last sale month as of and down
November was 376 , down 1.8 % from 383 last month and down
700
30.9 % from 544 in November of last year . November 2017
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
30.9
Inventory % from was 544 in at November its lowest level of last compared year . November with November 2017 of
600
Inventory
2016 and was 2015 at . its lowest level compared with November of
500
2016 and 2015 .
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2017 MSI of 2.8
200 higher MSI is better for buyers . The November 2017 MSI of 2.8 months was at its lowest level compared with November of 2016
100 months was at its lowest level compared with November of 2016 and 2015 . and 2015 .
0
6.0
500
5.0
400
4.0
300
3.0
200
2.0
100
1.0
0
0.0
D
J
D
F M
J
A
F M A J
M
J
A
J
S
J O
A
N
S D
O J
N
F
D M
J A
F M
M J
A
J
M
A
J S O
J
A N D
S O J
F
N
M
D
A
J M
F
J
M
J
A
A
M S
J O
J N
A S O N
14
1514
15
16
16
17
17
5.0
4.0
3.0
2.0
1.0
0.0
594
141 94 117 140 186 188 204 174 167 166
576
566 594
579 576
569 566
568 579
565 569
561 568
520 565 504 561
520 520
498 504
477
520
508 498 524 477 547 508 545 536
524
535 547
546 545
563 536
527 535
535 546
544 563
151 127 160 95 125 164 165 180 210 170 194 154 152 170 159 102 132 197 178 201 203 188
507 527
509 535
507 544
507 507
474 509 468 507
484 507
459 474
430 468
419 484
383 459
376 430
186 419
139
383 135
376
134
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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