FL ARCHIVED October 2017 | Page 17

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

County : Pasco

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
$ 237,300
1 %
19 %
Average List Price of all Current Listings
$ 279,321
2 %
17 %
October Median Sales Price
$ 184,750
-5%
-4%
12 %
14 %
$ 183,000
14 %
13 %
October Average Sales Price
$ 206,498
-1%
0 %
12 %
15 %
$ 197,804
12 %
11 %
Total Properties Currently for Sale ( Inventory )
2,274
-6%
-13%
October Number of Properties Sold
844
5 %
7 %
9,465
3 %
October Average Days on Market ( Solds )
51
-6%
4 %
-7%
-19%
55
-14%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 117
3 %
0 %
13 %
14 %
$ 113
12 %
10 %
October Sold Price per Square Foot
$ 108
-2%
0 %
11 %
14 %
$ 105
13 %
12 %
October Month ' s Supply of Inventory
2.7 -11% -1% -19% -11%
2.7
-10%
-11%
October Sale Price vs List Price Ratio
95.1 %
-. 9 % -. 5 % -. 6 %
. 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 844 , up 6.6 % from 792 in October
of 2016 and 5.5 % higher than the 800 sales last month . October
1,200
Property
2017 sales Sales were at a mid level compared to October of 2016 and
1,400
October
2015 . October Property YTD sales sales were of 844 9,465 , up 6.6 are % running from 792 2.6 in % October ahead of
1,000 of last 2016 year and
' s year-to-date 5.5 % higher than sales the of 800 9,227 sales . last month . October
1,200
2017 sales were at a mid level compared to October of 2016 and
800
2015 . October YTD sales of 9,465 are running 2.6 % ahead of
1,000
last year ' s year-to-date sales of 9,227 .
800
600
600
400
400
200

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
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
Prices
The Median Sales Price in October was $ 184,750 , up 12.0 %
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 $ 165,000 in October of 2016 and down 5.3 % from
240
The
$ 195,000 Median last Sales month Price . in The October Average was Sales $ 184,750 Price , up in 12.0 October % was from
$ 206,498 $ 165,000 , up in 12.5 October % from of $ 2016 183,566 and in down October 5.3 % of from 2016 and
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
$ down 195,000 0.9 last % from month $ 208,402 . The Average last month Sales Price . October in October 2017 ASP was was
$ 206,498 , up 12.5 % from $ 183,566 in October of 2016 and
220
200 at the highest level compared to October of 2016 and 2015 . down 0.9 % from $ 208,402 last month . October 2017 ASP was
200
180
at the highest level compared to October of 2016 and 2015 .
180
160
160 140
140 120
120 100
100
753 872 654 721
753 872 654 721 932 935 1,007 1,112 1,053 970 871 871 790 916 681 760 998 1,041 1,051 1,046 975 988 895 792 802 912 670 754 1,044 1,001 1,134 1,163 1,041 1,014 800 844
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
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 2,274 of , down Properties 5.9 % available from 2,417 for last sale month as of and down
4,500
October
13.5 % from was 2,274 2,628 , down in October 5.9 % from of last 2,417 year last . October month and 2017 down
4,5004,000
7.0
13.5
Inventory % from 2,628 was at in its October lowest of level last compared year . October with 2017 October of 2016
4,0003,500
6.0
Inventory was at its lowest level compared with October of 2016
3,500 and 2015 .
3,000
5.0 and 2015 .
3,0002,500
2,500
4.0
2,000
2,000
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,500 higher MSI is better for buyers . The October 2017 MSI of 2.7
1,000
2.0 higher MSI is better for buyers . The October 2017 MSI of 2.7
1,000 months was at its lowest level compared with October of 2016
500 months was at its lowest level compared with October of 2016
500
1.0 and 2015 .
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
14
15
15
16
16
17
17
932 935 1,007
3,853 3,746 3,778 3,727 3,619 3,575 3,534 3,386 3,334 3,274 1,112 1,053 970 871
Number of Properties Sold
871 790 916 681 760 998
3,177 3,078 3,072 3,008 3,007 2,945 2,889 2,797 2,628 2,663 2,587 1,041 1,051 1,046 975 988 895 792 802 912 670 754 1,044
3 Mo Avg
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
3,853 3,746 3,778 3,727 3,619 3,575 3,534 3,386 3,334 3,274 3,177 3,078 3,072 3,008 3,007 2,945 2,889 2,797 2,628 2,663 2,587 2,546 2,613 2,628
1,001 1,134
2,546 2,613 2,628 2,653 2,585 2,634 2,590 2,619 2,480 2,469 2,504 2,504 2,461 2,417 2,274 1,163 1,041
2,653 2,585 2,634 2,590 2,619 2,480 2,469 2,504 2,504 2,461
3 Mo Avg
1,014 800
2,417 2,274
844
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
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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