Market Action Report October 2017
Community Information | School District
Market Action Report October 2017
County : Brevard
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 |
$ 293,910 |
2 % |
|
16 % |
|
|
|
|
Average List Price of all Current Listings |
$ 394,378 |
1 % |
|
14 % |
|
|
|
|
October Median Sales Price |
$ 190,000 |
-10% -8% |
2 % |
6 % |
$ 200,000 |
11 % |
11 % |
October Average Sales Price |
$ 245,593 |
-5% |
-2% |
10 % |
11 % |
$ 244,285 |
11 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
2,835 |
-3% |
|
-1% |
|
|
|
|
October Number of Properties Sold |
838 |
-2% |
|
-6% |
|
10,213 |
-2% |
|
October Average Days on Market ( Solds ) |
52 |
4 % |
11 % |
2 % |
-4% |
49 |
-9% |
-9% |
Asking Price per Square Foot ( based on New Listings ) |
$ 151 |
3 % |
2 % |
12 % |
11 % |
$ 147 |
10 % |
8 % |
October Sold Price per Square Foot |
$ 135 |
-1% |
-1% |
10 % |
12 % |
$ 133 |
12 % |
11 % |
October Month ' s Supply of Inventory |
3.4 |
-1% |
8 % |
5 % |
11 % |
3.0 |
-3% |
-3% |
October Sale Price vs List Price Ratio |
95.1 % |
. 0 % |
-. 2 % |
. 3 % |
. 4 % |
95.3 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
1,400 |
October Property sales were 838 , down 5.7 % from 889 in |
October of 2016 and 2.1 % lower than the 856 sales last month . |
1,200 |
|
Property
October 2017 Sales sales were at their lowest level compared to
|
1,400 |
October Property of 2016 sales and 2015 were . 838 October , down YTD 5.7 % sales from of 889 10,213 in are |
1,000 |
|
October running of 2.3 2016 % behind and 2.1 % last lower year than ' s year-to-date the 856 sales sales last of month 10,452 . .
October 2017 sales were at their lowest level compared to
|
1,200 |
800 |
October of 2016 and 2015 . October YTD sales of 10,213 are |
1,000 |
|
running 2.3 % behind last year ' s year-to-date sales of 10,452 . |
|
600 |
|
800 |
|
|
|
400 |
|
600 |
|
|
400 |
200 |
Brevard Agent County
Name
Title Phone Website Other
Community Information | School District
791 985 763 896 1,152
Number of Properties Sold
0
200 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 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in October was $ 190,000 , up 2.2 % from 300
Prices $ 186,000 in October of 2016 and down 10.2 % from $ 211,500 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in October Sales Price was $ in 190,000 October , up was 2.2 $ % 245,593 from ,
280
300 $ up 186,000 9.8 % in from October $ 223,639 of 2016 in October and down of 10.2 2016 % from and down $ 211,500 5.0 % from 260 last month . The Average Sales Price in October was $ 245,593 ,
280
$ 258,463 last month . October 2017 ASP was at the highest level 240 up 9.8 % from $ 223,639 in October of 2016 and down 5.0 % from 260 compared to October of 2016 and 2015 .
220
$ 258,463 last month . October 2017 ASP was at the highest level 240 200 compared to October of 2016 and 2015 . 220
180 200
160 180
140 160
120
140 120
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 M
16 A M J J A S O N D J F M A
17 M 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 2,835 of , down Properties 2.9 % available from 2,920 for sale last month as of and down 4,000
6.0
October 1.5 % from was 2,877 2,835 , in down October 2.9 % of from last 2,920 year . last October month 2017 and Inventory down 4,0003,500 6.0
5.0
1.5 was % from at its 2,877 lowest in level October compared of last year with . October 2017 of 2016 Inventory and 20153,500 . 3,000
5.0 was at its lowest level compared with October of 2016 and 2015 . 3,0002,500
4.0
2,500 4.0
2,000 3.0
2,000 1,500
3.0
A comparatively lower MSI is more beneficial for sellers while 1,500 a 2.0
A comparatively lower MSI is more beneficial for sellers while a 2.0 higher MSI is better for buyers . The October 2017 MSI of 3.4 1,000 higher MSI is better for buyers . The October 2017 MSI of 3.4
1,000 months was at a mid level compared with October of 2016 and 500
1.0
1.0 months was at a mid level compared with October of 2016 and 500 2015 .
0 0.0
2015 . 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 15
16 17
14 15 16
17
1,141 1,146 1,208
791 985 763 896 1,152 1,141 1,146 1,208 1,203 1,078 1,071 916 810 1,013 729 841 1,135 1,114 1,190 1,283 1,066 1,126 1,079 889 924 1,012 759 821 1,153 1,011 1,223 1,278 1,081 1,193 856 838
3,625 3,540 3,635 3,553 3,366 3,333 3,264 3,208 3,158 3,016 3,004
1,203
3,625 3,540 3,635 3,553 3,366 3,333 3,264 3,208 3,158
1,078 1,071
Number of Properties Sold
916 810 1,013 729 841 1,135 1,114 1,190 1,283
3 Mo Avg
3,117 3,166 3,168 3,352 3,306 3,213 3,132 3,054 3,178 3,061 2,923 2,866 2,877 2,980
2,939 2,866
2,945 2,877 2,902 2,882 2,917 2,942 3,014 3,112 3,061 2,920 2,835
1,066
3,016 3,004 3,117 3,166 3,168 3,352 3,306 3,213 3,132 3,054 3,178 3,061 2,923 1,126 1,079 889 924 1,012 759 821 1,153 1,011 1,223 1,278 1,081
2,980 2,939 2,945 2,902 2,882 2,917 2,942 3,014 3,112 3,061
3 Mo Avg
1,193 856
2,920 2,835
838
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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