FL ARCHIVED October 2017 | Page 29

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

City : Palm Harbor

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
$ 289,900
0 %
16 %
Average List Price of all Current Listings
$ 423,077
5 %
25 %
October Median Sales Price
$ 240,000
1 %
-2%
5 %
5 %
$ 239,900
6 %
5 %
October Average Sales Price
$ 271,042
-3%
-1%
6 %
5 %
$ 274,427
8 %
7 %
Total Properties Currently for Sale ( Inventory )
374 -11%
-30%
October Number of Properties Sold
135
-3%
-11%
1,661
3 %
October Average Days on Market ( Solds )
60
20 %
9 %
3 %
-2%
67
16 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 160
-1%
-1%
7 %
10 %
$ 158
9 %
8 %
October Sold Price per Square Foot
$ 150
0 %
0 %
9 %
11 %
$ 147
10 %
8 %
October Month ' s Supply of Inventory
2.8
-8%
3 %
-21% -19%
2.9
-16%
-14%
October Sale Price vs List Price Ratio
94.4 % -1.3% -1.0% -. 1 %
-. 4 %
95.3 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
October Property sales were 135 , down 11.2 % from 152 in
October of 2016 and 2.9 % lower than the 139 sales last month .
Property
October 2017
Sales sales were at their lowest level compared to
250
October Property sales were 135 , down 11.2 % from 152 in
October of 2016 and 2015 . October YTD sales of 1,661 are
October of 2016 and 2.9 % lower than the 139 sales last month . running 3.2 % ahead of last year ' s year-to-date sales of 1,609 .
October 2017 sales were at their lowest level compared to
200
200
150
October of 2016 and 2015 . October YTD sales of 1,661 are
running 3.2 % ahead of last year ' s year-to-date sales of 1,609 .
150
100

Palm Agent Harbor

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
50
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
14
15
16
17
D
J
F M A M J
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
16 Price and Average Sales
17 Price
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
113 141 94 117 140 186 188 204 174 167 166 151 127 160 95 125 164 165 180 210 170 194 154 152 170 159 102 132 197 178 201 203 188 186 139 135
N 14
Prices
The Median Sales Price in October was $ 240,000 , up 4.8 % from
Prices
$ 229,000 in October of 2016 and up 1.1 % from $ 237,500 last
The month Median . The Sales Average Price Sales in October Price was in October $ 240,000 was , up $ 271,042 4.8 % from , up
350
$
5.8 229,000 % from in $ October 256,128 of in 2016 October and up of 1.1 2016 % from and down $ 237,500 2.5 % last from month . The Average Sales Price in October was $ 271,042 , up
330
$ 278,038 last month . October 2017 ASP was at the highest level
5.8 % from $ 256,128 in October of 2016 and down 2.5 % from
310 compared to October of 2016 and 2015 .
$ 278,038 last month . October 2017 ASP was at the highest level
290 compared to October of 2016 and 2015 .
270
250
350
330
310
290
270
250
230
3 Mo Avg
230
210
210
190
190
170
170
150
150
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
14J
F
15 M A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M A17M 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 374 , down of Properties 10.5 % from available 418 for last sale month as of and down
October was 374 , down 10.5 % from 418 last month and down
700
30.1 % from 535 in October of last year . October 2017 Inventory
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
30.1 was % at from its lowest 535 in October level compared of last year with . October 2017 of 2016 Inventory and
2015600 . was at its lowest level compared with October of 2016 and 2015 .
500
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2017 MSI of 2.8
200 higher MSI is better for buyers . The October 2017 MSI of 2.8 months was at its lowest level compared with October of 2016 months was at its lowest level compared with October of 2016
100 and and 2015
2015 .
.
0
500
400
300
200
100
0
N
D NJ
DF MJ
AF M JA
MJ AJ
SJ
OA NS DO J
NF DM JA FM MJ
AJ
MA JS
OJ
NA
DS OJ FN MD AJ
MF JM JAAMS JO
J
14
14
15
15
16
16
17
17
6.0
5.0
4.0
3.0
2.0
1.0
0.0
A S O
5.0
4.0
3.0
2.0
1.0
0.0
625
113 141 94 117 140 186 188 204 174 167
594
576 625
566 594
579 576
569 566
568 579
565 569
561 568 520 565
504 561
520 520
498 504
477
520
508 498 524 477 547 545
508
536 524
535 547
546 545
563 536
527 535
535 546
166 151 127 160 95 125 164 165 180 210 170 194 154 152 170 159 102 132 197 178 201
544 563
507 527
509 535
507 544
507 507 474 509
469 507
485 507
460 474
431 469
418 485
374 203 460
188 431
186
418 139
374
135
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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