FL ARCHIVED October 2017 | Page 147

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

City : Palm Coast

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
$ 273,945
0 %
3 %
Average List Price of all Current Listings
$ 382,482
1 %
-6%
October Median Sales Price
$ 213,500
5 %
2 %
6 %
12 %
$ 207,000
9 %
9 %
October Average Sales Price
$ 247,217
1 %
1 %
-5%
6 %
$ 250,761
8 %
7 %
Total Properties Currently for Sale ( Inventory )
960
-2%
1 %
October Number of Properties Sold
170
-4%
-8%
1,996
0 %
October Average Days on Market ( Solds )
79
1 %
4 %
-25%
-6%
77
-8%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 145
2 %
1 %
7 %
6 %
$ 141
3 %
3 %
October Sold Price per Square Foot
$ 128
1 %
1 %
3 %
9 %
$ 127
9 %
8 %
October Month ' s Supply of Inventory
5.6
2 %
4 %
9 %
1 %
5.3
-6%
-6%
October Sale Price vs List Price Ratio
97.0 %
. 2 %
. 2 %
1.0 %
. 5 %
96.6 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
October Property sales were 170 , down 7.6 % from 184 in
October of 2016 and 4.0 % lower than the 177 sales last month .
Property
October 2017 Sales sales were at their lowest level compared to
300
250
October Property of 2016 sales and 2015 were . 170 October , down YTD 7.6 % sales from of 1841,996 in are
October running of 0.3 2016 % ahead and 4.0 of % last lower year than ' s year-to-date the 177 sales sales last month of 1,991 . .
October 2017 sales were at their lowest level compared to
250
200
October of 2016 and 2015 . October YTD sales of 1,996 are running 0.3 % ahead of last year ' s year-to-date sales of 1,991 .
200
150
150
100

Palm Agent Coast

Name
Title Phone Website Other

Community Information | School District

100
50
172 211 122 148 219 225
Number of Properties Sold
50 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
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 $ 213,500 , up 5.6 % from 300
Prices $ 202,188 in October of 2016 and up 5.2 % from $ 203,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in October Price was in October $ 213,500 was , up $ 5.6 247,217 % from , down
280
300 $ 5.5 202,188 % from in $ October 261,496 of in 2016 October and up of 5.2 2016 % from and up $ 203,000 1.3 % from last 260 month . The Average Sales Price in October $ 247,217 , down
280
$ 244,115 last month . October 2017 ASP was at a mid range 240 5.5 % from $ 261,496 in October of 2016 and up 1.3 % from 260 compared to October of 2016 and 2015 .
220
$ 244,115 last month . October 2017 ASP was at a mid range 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 960 , down of Properties 2.2 % from available 982 last for sale month as of and up 0.5 % 1,400
12.0
October from 955 was in 960 October , down of 2.2 last % from year . 982 October last month 2017 and Inventory up 0.5 % was at 1,4001,200 12.0
10.0 from a mid 955 level in October compared of last with year October . October of 2016 2017 and Inventory 2015 . was at 1,200 1,000
10.0 a mid level compared with October of 2016 and 2015 .
8.0 1,000
800 8.0
800 6.0
600 6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
400 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The October 2017 MSI of 5.6 400 higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 5.6 of 2016
200 2.0
2.0 months was at its highest level compared with October of 2016
200 and 2015 .
0 0.0 and 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
221 230 238 215 202
172 211 122 148 219 225 221 230 238 215 202 200 153 190 120 175 203 184 234 249 222 226 194 184 159 195 131 134 242 222 252 243 226 199 177 170
1,203 1,166 1,233 1,234 1,193 1,190 1,174 1,176 1,149 1,120 1,114 1,084 1,063 1,018 1,092 1,137
Number of Properties Sold
200 153
1,203 1,166 1,233 1,234 1,193 1,190 1,174 1,176 1,149 1,120 1,114 1,084 1,063
190 120 175 203 184 234 249 222 226 194
1,167 1,118 1,101 1,069 1,038 1,064 1,034 955 971 933 998
1,018
184 159 195 131 134 242 222
1,014 997 1,005 1,009 1,036 997 1,007 982 960
3 Mo Avg
1,092 1,137 1,167 1,118 1,101 1,069 1,038 1,064 1,034 955 971 933 998 1,014 997 1,005 1,009 1,036 997 1,007 982 960
252 243 226
3 Mo Avg
199 177 170
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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