FL ARCHIVED October 2017 | Page 11

Market Action Report October 2017
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report October 2017

Phone Community Information | School District

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
$ 234,950
-4%
2 %
Average List Price of all Current Listings
$ 293,528
-2%
14 %
October Median Sales Price
$ 212,000
4 %
2 %
21 %
16 %
$ 206,000
14 %
12 %
October Average Sales Price
$ 242,945
5 %
5 %
29 %
21 %
$ 228,886
16 %
14 %
Total Properties Currently for Sale ( Inventory )
184 -17%
-20%
October Number of Properties Sold
91
6 %
5 %
1,037
8 %
October Average Days on Market ( Solds )
41
14 %
17 % -18% -23%
40
-23%
-25%
Asking Price per Square Foot ( based on New Listings )
$ 125
2 %
1 %
11 %
12 %
$ 121
10 %
8 %
October Sold Price per Square Foot
$ 122
3 %
3 %
11 %
14 %
$ 117
10 %
9 %
October Month ' s Supply of Inventory
2.0 -21% -12% -24% -15%
2.1
-13%
-11%
October Sale Price vs List Price Ratio
95.8 % -1.1% -1.3% -1.5% -. 7 %
97.0 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
160
October Property sales were 91 , up 4.6 % from 87 in October of
2016 and 5.8 % higher than the 86 sales last month . October
140
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to October of
160
October
2016 and Property 2015 . sales October were YTD 91 , up sales 4.6 % of from 1,03787 are in running October of 7.8 %
2016 and 5.8 % higher than the 86 last month . October
140 ahead of last year ' s year-to-date sales of 962 .
120
100
2017 sales were at their highest level compared to October of
2016 and 2015 . October YTD sales of 1,037 are running 7.8 %
120
80
ahead of last year ' s year-to-date sales of 962 .
100
60
80
40
60
20
40
0
20
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
0
14
15
16
17
Prices
The Median Sales Price in October was $ 212,000 , up 20.8 %
N
D
J
F M A M J
14
15
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
Median Sales Price and Average Sales Price
16
17
J
A S O
3 Mo Avg
Prices from $ 175,500 in October of 2016 and up 3.7 % from $ 204,500
The last Median month Sales . The Price Average in October Sales Price was $ in 212,000 October , up was 20.8 $ 242,945 % , from up 28.8 $ 175,500 % from in $ October 188,642 of in 2016 October and up of 3.7 2016 % from and up $ 204,500 4.9 % from
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 231,558 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 242,945 highest , level up 28.8 % from $ 188,642 in October of 2016 and up 4.9 % from
220 compared to October of 2016 and 2015 .
$ 231,558 last month . October 2017 ASP was at the highest level
200
200
180
compared to October of 2016 and 2015 .
180
160
Inventory & MSI
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 184 , down of Properties 16.7 % from available 221 last for sale month as of and down
October
20.0 % was from 184 230 , down in October 16.7 % from of last 221 year last . month October and 2017 down Inventory
400
20.0 was % at from its lowest 230 in level October compared of last year with . October 2017 of 2016 Inventory and 2015
350 .
400
350
300
was at its lowest level compared with October of 2016 and 2015 .
300
250
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
October for 2017 sellers MSI while of a 2.0 higher MSI is better for buyers . The October 2017 MSI of 2.0
100 months was at its lowest level compared with October of 2016 months was at its lowest level compared with October of 2016 50 and 2015 . and 2015 .
0
160 140 120 100
97 108 72 91 105 105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 109 98 87 110 93 75 94 111 103 115 137 120 105 86 91
140 120
100
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
D
14
J 15
F
15 M A M J
J
A S O N D
J 16
F M16A M J
J
A S O N D
J 17
F M A17M J
J
A S O
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
343
346
292 288
288 292
314 288
291 288 280 314
300 291
272 280
268 300
273 272
262 268
265
273 242 225
262
227 265
214 242
221 225
215 227
231 214
231 221
235 215
230 231
223 231
211 235 211 230
203 223
199
211 204
211 220 203 233 199 229 204
244
221 220
184 233 229
200 150 100 50 0
N 14
97 343
108 346
72
Title
Website Other
91 105 105 80 110 126 99 90 91 82 101 65 89
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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
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 14 15
15 16
16 17
17
106 99 113 98 98 109 98 87 110 93 75 94 111 103 115 137 120 244
105
221 86
184 91
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con c o l d w e l l b a n k e r h o m e s . c o m | 11
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 .