FL ARCHIVED October 2017 | Page 157

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

County : Volusia

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
$ 249,900
2 %
9 %
Average List Price of all Current Listings
$ 364,509
1 %
14 %
October Median Sales Price
$ 179,950
-0%
1 %
16 %
19 %
$ 171,825
15 %
14 %
October Average Sales Price
$ 219,682
3 %
2 %
22 %
23 %
$ 204,122
17 %
15 %
Total Properties Currently for Sale ( Inventory )
1,311
-8%
-20%
October Number of Properties Sold
462
15 %
5 %
4,796
4 %
October Average Days on Market ( Solds )
54
15 %
8 %
-4%
-18%
56
-16%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 134
2 %
1 %
18 %
14 %
$ 131
12 %
11 %
October Sold Price per Square Foot
$ 122
-4%
-1%
18 %
21 %
$ 117
18 %
16 %
October Month ' s Supply of Inventory
2.8 -20% -8% -24% -22%
3.0
-16%
-17%
October Sale Price vs List Price Ratio
95.4 %
-. 6 % -. 6 % -. 2 %
. 3 %
96.1 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
600
October Property sales were 462 , up 5.5 % from 438 in October
of 2016 and 14.9 % higher than the 402 sales last month .
Property
October 2017 Sales sales were at a mid level compared to October of
600
500
October
2016 and Property 2015 . sales October were YTD 462 , sales up 5.5 of % 4,796 from are 438 running October 3.7 % of ahead 2016 and of last 14.9 year % higher ' s year-to-date than the 402 sales sales of 4,623 last month . .
500
October 2017 sales were at a mid level compared to October of
400
2016 and 2015 . October YTD sales of 4,796 are running 3.7 % ahead of last year ' s year-to-date sales of 4,623 .
400
300
300
200
200 100
Prices
The Median Sales Price in October was $ 179,950 , up 16.1 % from
Prices
$ 155,000 in October of 2016 and down 0.0 % from $ 180,000
240
The last Median month Sales . The Price Average in October Sales Price was $ in 179,950 October , up was 16.1 $ % 219,682 from ,
$ up 155,000 22.0 % in from October $ 180,086 of 2016 in and October down 0.0 of 2016 % from and $ 180,000 up 2.8 % from
240
220
last
$ 213,758 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 219,682 highest , level up 22.0 % from $ 180,086 in October of 2016 and up 2.8 % from
220 compared to October of 2016 and 2015 .
$ 213,758 last month . October 2017 ASP was at the highest level
200
200
180
compared to October of 2016 and 2015 .
180
160

Volusia Agent County

Name
Title Phone Website Other

Community Information | School District

100
0
0
Number of Properties Sold
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
14
15
16
17
J
F M A M J
15
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
16
17
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
387 482 320 338 447 509 455 519 515 503 455 466 358 465 355 378 499 508 504 514 471 514 442 438 397 452 373 390 529 508 554 559 506 513 402 462
N D 14
160 140
140 120
387 482 320 338 447 509
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 1,311 , of down Properties 8.4 % from available 1,431 for last sale month as of and down 2,500
7.0
October 19.6 % from was 1,311 1,631 , down in October 8.4 % from of last 1,431 year last . October month and 2017 down 2,500
7.0 6.0 2,000
19.6 Inventory % from 1,631 was at in its October lowest of level last compared year . October with 2017 October of 2016 6.0
2,000 5.0
Inventory and 2015 was . at its lowest level compared with October of 2016 1,500
5.0 and 2015 .
4.0 1,500
4.0 1,000
3.0
A comparatively lower MSI is more beneficial for sellers while 1,000 a 3.0
2.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 2.8 500
2.0 higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of 2.8 of 2016 500
1.0 months was at its lowest level compared with October of 2016 1.0 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
455 519 515
2,130 2,027 2,031 1,973 1,956 1,915 1,877 1,931 1,882
503
2,130 2,027 2,031 1,973 1,956 1,915 1,877 1,931 1,882 1,899 1,816 1,823 1,794
455
Number of Properties Sold
466 358 465 355 378 499 508 504 514 471 514 442
1,899 1,816 1,823 1,794 1,730 1,714 1,676 1,676 1,630 1,601 1,594 1,589 1,665 1,664 1,631 438 397
1,730 1,714 1,676 1,676 1,630 1,601 1,594 1,589 1,665 1,664 1,631 1,619 1,497 1,435 1,417 1,384 1,367 452 373 390 529 508
3 Mo Avg
554
3 Mo Avg
1,429 1,490 1,521 1,479 1,431 1,311 559 506
1,619 1,497 1,435 1,417 1,384 1,367 1,429 1,490 1,521 1,479
3 Mo Avg
513 402
1,431 1,311
462
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 157