FL ARCHIVED October 2017 | Page 13

Market Action Report October 2017
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Price Range : All | Properties : SFH - Con

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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
$ 269,900
10 %
26 %
Average List Price of all Current Listings
$ 349,406
4 %
30 %
October Median Sales Price
$ 202,450
1 %
5 %
13 %
19 %
$ 192,000
15 %
13 %
October Average Sales Price
$ 211,809
4 %
4 %
11 %
17 %
$ 202,722
13 %
12 %
Total Properties Currently for Sale ( Inventory )
153 -14%
-17%
October Number of Properties Sold
60 -17%
-27%
722
5 %
October Average Days on Market ( Solds )
30 -39% -30% -53% -47%
44
-23%
-23%
Asking Price per Square Foot ( based on New Listings )
$ 126
1 %
3 %
21 %
19 %
$ 118
11 %
11 %
October Sold Price per Square Foot
$ 113
3 %
2 %
8 %
16 %
$ 108
11 %
10 %
October Month ' s Supply of Inventory
2.6
4 %
-1%
14 %
-9%
2.4
-14%
-13%
October Sale Price vs List Price Ratio
95.6 %
. 4 %
-. 8 % -1.3% -. 6 %
96.1 %
-0%
-0%
* 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
100
October Property sales were 60 , down 26.8 % from 82 in
October of 2016 and 16.7 % lower than the 72 sales last month .
90
Number of Properties Sold
3 Mo Avg
Property
October 2017 Sales sales were at their lowest level compared to
100
80
October Property of 2016 sales and 2015 were . 60 October , down 26.8 YTD % sales from of 82722 in are
October running of 4.6 2016 % ahead and 16.7 of % last lower year than ' s year-to-date the 72 sales sales last month of 690 . .
October 2017 sales were at their lowest level compared to
90
80
70
60
October of 2016 and 2015 . October YTD sales of 722 are
70
50
running 4.6 % ahead of last year ' s year-to-date sales of 690 .
60
40
50
30
40
20
30
10
20
0
10
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 $ 202,450 , up 13.3 %
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 $ 178,750 in October of 2016 and up 1.2 % from $ 199,990
The last Median month Sales . The Price Average in October Sales Price was $ in 202,450 October , up was 13.3 $ % 211,809 , from up 11.2 $ 178,750 % from in $ October 190,454 of in 2016 October and up of 2016 1.2 % from and up $ 199,990 4.4 % from
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 202,930 month . last The month Average . Sales October Price 2017 in October ASP was was at $ the 211,809 highest , up level 11.2 compared % from $ 190,454 to October in October of 2016 of and 20162015 and . up 4.4 % from
$ 202,930 last month . October 2017 ASP was at the highest
220
200
200
180
level compared to October of 2016 and 2015 .
180
160
160
140
50 62 42 57 85 80 69 86 73 64 73 83 47 86 54 47 75 89 74 60 74 73 62 82 66 64 59 58 75 69 86 86 88 69 72 60
140 120
120
100
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
D
14
J
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 A17M J
J
A S O
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
October Total Inventory was 153 , down of Properties 13.6 % from available 177 last for sale month as of and down
October
16.8 % from was 153 184 , down in October 13.6 % from of last 177 year last . month October and 2017 down Inventory
350
16.8 was % at from its lowest 184 in October level compared of last year with . October 2017 of 2016 Inventory and 2015
300 . was at its lowest level compared with October of 2016 and 2015 .
250
350
300
250
200
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
6.0
5.0
7.0
6.0
5.0
4.0
200
150
4.0
3.0
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 2.6
100 higher MSI is better for buyers . The October 2017 MSI of 2.6 months was at a mid level compared with October of 2016 and months was at a mid level compared with October of 2016 and
50
2015 .
2015 .
0
3.0
100
2.0
50
1.0
0
0.0
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
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
14
15
15
16
16
17
17
2.0
1.0
0.0
283 289
50 283
271 62 42
Title
Website Other
57 85 80 69 86 73 64 73
265 289
249 271
270 265
243 249 256
270 268 243
248 256
236 268
239 248
233 236
191 83
239 192
233
47 86 54 47 75
188
176 191
171 192
186 188
187 176
171 200 89
208 186 74 60 74 73 62 82 66 64 59 58 75 69 86
182 187
184 200
191 208
168 182 171
184 175
191
172 168
170 171
165 175
170 172 181 185
170
177 165
153 170 181 86 88 185
69
177 72
153 60
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