FL ARCHIVED October 2017 | Page 181

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

County : Bay

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
$ 348,900
-0%
4 %
Average List Price of all Current Listings
$ 519,758
2 %
9 %
October Median Sales Price
$ 292,500
15 %
3 %
7 %
13 %
$ 269,000
4 %
3 %
October Average Sales Price
$ 338,614
15 %
-3% -11%
6 %
$ 334,342
4 %
4 %
Total Properties Currently for Sale ( Inventory )
231 -11%
-42%
October Number of Properties Sold
41
-2%
8 %
472
30 %
October Average Days on Market ( Solds )
189
82 %
30 %
44 %
38 %
145
10 %
6 %
Asking Price per Square Foot ( based on New Listings )
$ 241
15 %
4 %
7 %
3 %
$ 243
5 %
4 %
October Sold Price per Square Foot
$ 236
13 %
4 %
18 %
11 %
$ 225
6 %
6 %
October Month ' s Supply of Inventory
5.6
-9%
-0% -46% -53%
6.2
-48%
-48%
October Sale Price vs List Price Ratio
92.8 % -1.6% -1.5% -. 4 % -1.6%
94.6 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales October Property sales were 41 , up 7.9 % from 38 in October of
2016 and 2.4 % lower than the 42 sales last month . October Property 2017 sales Sales were at a mid level compared to October of 2016 and 60
October 2015 . October Property YTD sales sales were of 41472 , up 7.9 are % running from 3829.7 in October % ahead of of last 2016 year and ' s year-to-date 2.4 % lower than sales the of 364 42 sales . last month . October
50
2017 sales were at a mid level compared to October of 2016 and 2015 . October YTD sales of 472 are running 29.7 % ahead of last
40 year ' s year-to-date sales of 364 .

Bay County

Agent Name
Title Phone Website Other

Community Information | School District

30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in October was $ 292,500 , up 6.6 % from
Prices $ 274,500 in October of 2016 and up 15.2 % from $ 254,000 last The month Median . The Sales Average Price Sales in October Price was in October $ 292,500 was , up $ 338,614 6.6 % from , down
450
$ 10.9 274,500 % from in October $ 379,886 of 2016 in October and up of 15.2 2016 % from and $ up 254,000 14.8 % from last month $ 294,915 . The last Average month Sales . October Price in 2017 October ASP was $ at 338,614 a mid , range down 10.9 % from $ 379,886 in October of 2016 and up 14.8 % from 400 compared to October of 2016 and 2015 . $ 294,915 last month . October 2017 ASP was at a mid range
compared to October of 2016 and 2015 .
350
20
10
0
10
30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 37
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
14
15
16
17
N
D
J
F M A M J
14
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
450
Median Sales Price and Average Sales Price
30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 37 34 30 47 36 31 56 37 38 25 35 33 45 55 53 57 50 47 49 42 41
400
350
300
34 30 47 36 31 56 37 38 25 35 33 45 55 53 57 50
3 Mo Avg
47 49 42 41
300 250
250
200
200
N
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
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
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 231 , down of Properties 10.8 % from available 259 for last sale month as of and down
October
41.5 % from was 231 395 , down in October 10.8 % of from last 259 year last . October month and 2017 down Inventory
450
41.5 was % at from its lowest 395 in October level compared of last year with . October 2017 of 2016 Inventory and
2015400 . was at its lowest level compared with October of 2016 and 2015 .
350
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The October 2017 MSI of 5.6 higher MSI is better for buyers . The October 2017 MSI of 5.6
100 months was at its lowest level compared with October of 2016 months was at its lowest level compared with October of 2016
50 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
25.0
350
300
20.0
250
15.0
200
150
10.0
100
50
5.0
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
15
16
17
14
15
16
17
25.0
20.0
15.0
10.0
5.0
0.0
324 286
324
317
300 286 317
341 300
306 374
371 341
384 374 389
371 396
384
306
389
373 359
396 362
373 389 359 397 362 399 408
389
421 397
409 399
410 408
389 421
384 409
395 410
373 389
359 384
342 395
340 373 359 296
342
285 340
290 296
276 285
266 253
290
259 276
231
266 253 259
231
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 Ass 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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