FL ARCHIVED October 2017 | Page 191

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

City : Pensacola Beach

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
$ 599,000
0 %
6 %
Average List Price of all Current Listings
$ 780,017
-1%
9 %
October Median Sales Price
$ 440,000
-8%
-8%
-4%
2 %
$ 440,000
2 %
2 %
October Average Sales Price
$ 457,500
-13% -16% -10%
-7%
$ 551,276
13 %
13 %
Total Properties Currently for Sale ( Inventory )
121
-2%
-18%
October Number of Properties Sold
9 -55%
-67%
217
13 %
October Average Days on Market ( Solds )
88 -23%
1 %
-27% -41%
132
-15%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 351
0 %
0 %
6 %
4 %
$ 348
4 %
3 %
October Sold Price per Square Foot
$ 331
-1%
-2%
4 %
11 %
$ 322
10 %
8 %
October Month ' s Supply of Inventory
13.4
117 % 50 % 145 % 46 %
6.3
-32%
-32%
October Sale Price vs List Price Ratio
92.2 % -3.2% -2.3% -1.2% -1.2%
93.8 %
1 %
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 9 , down 66.7 % from 27 in October
of 2016 and 55.0 % lower than the 20 sales last month . October Property 2017 sales Sales were at their lowest level compared to October of 35
October 2016 and Property 2015 . sales October were YTD 9 , down sales 66.7 of 217 % from are running 27 October 13.0 % of ahead 2016 and of last 55.0 year % lower ' s year-to-date than the 20 sales sales of last 192 month . . October 30 2017 sales were at their lowest level compared to October of 2016 and 2015 . October YTD sales of 217 are running 13.0 % 25 ahead of last year ' s year-to-date sales of 192 .
20

Pensacola Agent Name Beach Title Phone Website Other

Community Information | School District

15 10
35 30 25 20 15 10 5
19 13 24 21 26 21 27 31 29
Number of Properties Sold
Number of Properties Sold
5
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 $ 440,000 , down 4.3 %
700
Prices from $ 460,000 in October of 2016 and down 8.4 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 480,500 Median last Sales month Price . in The October Average was Sales $ 440,000 Price , down in October 4.3 % was
650
700 from
$ 457,500 $ 460,000 , down in October 9.7 % from of 2016 $ 506,722 and down in October 8.4 % from of 2016 and
600
$ 480,500 last month . The Average Sales Price in October was
650 down 13.4 % from $ 528,445 last month . October 2017 ASP was
550
$ 457,500 , down 9.7 % from $ 506,722 in October of 2016 and
600 at the lowest level compared to October of 2016 and 2015 .
500 down 13.4 % from $ 528,445 last month . October 2017 ASP was
550
450 at the lowest level compared to October of 2016 and 2015 .
500
400
450
350
400
300
350
250
300
250
200
200
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 121 , down of Properties 2.4 % from available 124 last for month sale as and of down
October
18.2 % from was 121 148 , down in October 2.4 % from of last 124 year last . month October and 2017 down Inventory
200
18.2 was % at from its lowest 148 in October level compared of last year with . October 2017 of 2016 Inventory and 2015 .
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
18.0
16.0
18.0
16.0
14.0
was at its lowest level compared with October of 2016 and 2015 .
150
14.0
12.0
100
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 13.4 higher MSI is better for buyers . The October 2017 MSI of 13.4
50 months was at its highest level compared with October of 2016 months and 2015 was
. at its highest level compared with October of 2016 and 2015 .
0
12.0
100
10.0
8.0
50
6.0
4.0
2.0
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
10.0
8.0
6.0
4.0
2.0
0.0
25 23 23 19 16 21 11
3 Mo Avg
156 147
152 156
152 147
143 152
152 152
153 143
162 152
156 153 157 162
146 156
139 157
129 146
120 139
136 129 147 120 154 136 175
147 172
154 175
175 175
167 172
148 175
148 175
151 167
138 148
123 148
125 151 128 138
120 123
124 125
114 128
119 120
116
124 124 114
121 119
12 27 11 22 16 22 23 27 18 15 18 22 31 25 32 25
116 19
19 13 24 21 26 21 27 31 29 25 23 23 19 16 21 11 12 27 11 22 16 22 23 27 18 15 18 22 31 25 32 25 19 16 20 9
124
3 Mo Avg
16
121 20 9
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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