FL ARCHIVED October 2017 | Page 189

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

City : Pensacola

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
$ 200,000
0 %
21 %
Average List Price of all Current Listings
$ 273,193
0 %
19 %
October Median Sales Price
$ 165,000
3 %
3 %
14 %
17 %
$ 154,000
10 %
10 %
October Average Sales Price
$ 195,139
1 %
2 %
18 %
18 %
$ 181,608
11 %
10 %
Total Properties Currently for Sale ( Inventory )
1,208
-5%
-7%
October Number of Properties Sold
367
5 %
4 %
3,470
2 %
October Average Days on Market ( Solds )
75
15 %
12 %
0 %
-11%
73
-12%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 107
-4%
-3%
13 %
9 %
$ 109
12 %
11 %
October Sold Price per Square Foot
$ 105
-3%
1 %
19 %
18 %
$ 99
11 %
11 %
October Month ' s Supply of Inventory
3.3 -10% -4% -11% -22%
3.7
-12%
-11%
October Sale Price vs List Price Ratio
94.4 %
-. 7 % -1.1% . 9 %
. 5 %
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
500
October Property sales were 367 , up 3.7 % from 354 in October of 2016 and 4.6 % higher than the 351 sales last month . October
450
Property
2017 sales Sales were at their highest level compared to October of
500
400
October
2016 and Property 2015 . sales October were YTD 367 , sales up 3.7 of % 3,470 from 354 are running October 2.3 %
450 of ahead 2016 and of last 4.6 year % higher ' s year-to-date than the 351 sales sales of last 3,393 month . . October
2017 sales were at their highest level compared to October of
400
350
300
2016 and 2015 . October YTD sales of 3,470 are running 2.3 %
350
250
ahead of last year ' s year-to-date sales of 3,393 .
300
200

Pensacola

Agent Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
200
100
150
50
100
0
50
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 $ 165,000 , up 13.8 %
Prices from $ 145,000 in October of 2016 and up 3.1 % from $ 160,000
The last Median month Sales . The Price Average in October Sales Price was $ in 165,000 October , up was 13.8 $ % 195,139 ,
200 from up 18.4 $ 145,000 % from in $ October 164,744 of in 2016 October and of up 2016 3.1 % and from up $ 160,000 1.2 % from last month . The Average Sales Price in October was $ 195,139 ,
190
$ 192,736 last month . October 2017 ASP was at the highest level up 18.4 % from $ 164,744 in October of 2016 and up 1.2 % from
180 compared to October of 2016 and 2015 .
$ 192,736 last month . October 2017 ASP was at the highest level
170 compared to October of 2016 and 2015 .
160
150
140
130
120
110
100
N
D
J
F M A M J
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
J
A S O
14
15
16
17
3 Mo Avg
200
Median Sales Price and Average Sales Price
190
3 Mo Avg
180
170
160
150
140
130
120
110
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
The
October Total Inventory was 1,208 of , down Properties 5.5 % available from 1,278 for last sale month as of and down
2,000
October
7.2 % from was 1,302 1,208 , in down October 5.5 % of from last 1,278 year . last October month 2017 and down Inventory
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
7.2 was % from at its 1,302 lowest in level October compared of last year with . October 2017 of 2016 Inventory and 2015 .
1,500
8.0
was at its lowest level compared with October of 2016 and 2015 .
1,500
7.0
6.0
1,000
5.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
4.0
A comparatively lower MSI is more beneficial for sellers while a
3.0 higher MSI is better for buyers . The October 2017 MSI of 3.3
500 higher MSI is better for buyers . The October 2017 MSI of 3.3
500
2.0 months was at its lowest level compared with October of 2016 months was at its lowest level compared with October of 2016
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
15
16
17
14
15
16
17
233 305 226 240 340 342 357 377 365 381 320
233 305 226 240 340 342 357 377 365 381 320 315 263 310 219 265 358 376 391 429 345 315 341 354 311 333 248 264 362 338 389 411 359 381 351 367
1,798 1,750 1,777 1,808 1,806 1,762 1,759 1,788 1,749
1,798 1,750 1,777 1,808 1,806 1,762 1,759 1,788 1,749 1,711 1,640 1,604 1,615 1,531 1,485 1,406
Number of Properties Sold
315 263 310 219 265 358 376 391 429 345
1,711 1,640 1,604 1,615 1,531 1,485 1,406 1,419 1,408 1,393 1,399 1,414 1,379 315 341
1,362
1,302 354 311 333
1,419 1,408 1,393 1,399 1,414 1,379 1,362 1,302 1,312 1,228 1,187 1,252 1,294 1,279
248 264 362 338
3 Mo Avg
389
1,309 1,300 1,329 1,287 1,278 1,208 411 359
1,312 1,228 1,187 1,252 1,294 1,279 1,309 1,300 1,329 1,287
3 Mo Avg
381 351
1,278 1,208
367
9.0 8.0 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 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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