FL ARCHIVED October 2017 | Page 205

Market Action Report City: Gulf Breeze Gulf Breeze Agent Name Title Phone Agent Name Website Title Other October 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $339,750 2% 22% Other $536,867 Trending 6% versus*: 21% Month LM 13% L3M 10% PYM 14% LY $278,450 $339,750 2% 12% 7% 22% 17% $307,237 $536,867 280 6% -10% 21% -10% $278,450 13% 10% 14% -3% 23% 72 -12% $307,237 12% 7% 17% 16% 61 -28% -12% -5% 280 -10% -10% $149 -5% -3% 10% 72 -12% -3% $145 8% 6% 17% 61 -28% -12% -5% -31% 3.9 2% 10% -7% $149 -5% -3% 10% 12% 96.2% -1.2% -1.0% .3% October Month's Supply of Inventory October Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 160 October Property sales were 72, down 2.7% from 74 in October 140 of 2016 and 12.2% lower than the 82 sales last month. October Property 2017 sales Sales were at their lowest level compared to October of 160 120 October Property were YTD 72, down from in October 2016 and 2015. sales October sales 2.7% of 866 are 74 running 6.1% 140 of behind 2016 and 12.2% lower than the 82 sales last month. October last year's year-to-date sales of 922. 100 Prices The Median Sales Price in October was $278,450, up 14.3% Prices from $243,600 in October of 2016 and up 13.0% from The Median last Sales Price in The October was Sales $278,450, $246,450 month. Average Price up in 14.3% October was 350 from $243,600 in October 2016 and in up 13.0% from $307,237, up 17.5% from of $261,562 October of 2016 and up 330 $246,450 last month. The Average Sales Price in October was 11.6% from $275,368 last month. October 2017 ASP was at the 310 $307,237, up 17.5% from $261,562 in October of 2016 and up highest level compared to October of 2016 and 2015. 11.6% from $275,368 last month. October 2017 ASP was at the highest level compared to October of 2016 and 2015. 290 270 250 230 210 190 170 150 Inventory & MSI 14 0 3 Mo Avg 17 Median Sales Price and Average Sales Price 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 17 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 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 14.0 14.0 12.0 12.0 10.0 10.0 8.0 300 A comparatively lower MSI is more beneficial for sellers while a 200 A higher comparatively lower MSI is more The beneficial for 2017 sellers MSI while MSI is better for buyers. October of a 3.9 200 100 higher MSI is better for buyers. October with 2017 October MSI of 3.9 months was at its lowest level The compared of 2016 100 months was at its lowest level compared with Octobe