FL ARCHIVED October 2017 | Page 60

Market Action Report October 2017
Phone Community Information | School District

City : Osprey

Price Range : All | Properties : SFH - Con

Osprey

Agent Name
Market Action Report October 2017

Phone Community Information | School District

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
$ 549,950
-0%
-2%
Average List Price of all Current Listings
$ 950,687
-5%
-16%
October Median Sales Price
$ 309,000
-21% -24% -26% -27%
$ 400,000
-4%
-6%
October Average Sales Price
$ 346,875
-19% -28% -37% -29%
$ 463,403
-5%
-5%
Total Properties Currently for Sale ( Inventory )
168
8 %
8 %
October Number of Properties Sold
16
-6%
23 %
238
8 %
October Average Days on Market ( Solds )
109
0 %
-19%
3 %
3 %
122
12 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 245
-5%
4 %
-14%
2 %
$ 242
-2%
0 %
October Sold Price per Square Foot
$ 178
-6% -13% -22%
-8%
$ 193
1 %
-1%
October Month ' s Supply of Inventory
10.5
15 %
21 % -13%
23 %
9.5
16 %
11 %
October Sale Price vs List Price Ratio
94.3 %
-. 2 % 2.6 % 2.4 % 2.3 %
91.7 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Title
Website Other
Property Sales
45
October Property sales were 16 , up 23.1 % from 13 in October of
2016 and 5.9 % lower than the 17 sales last month . October 2017
40
Number of Properties Sold
3 Mo Avg
Property sales were Sales at a mid level compared to October of 2016 and 2015 45.
35
October Property YTD sales sales of were 238 are 16 , up running 23.1 % 7.7 from % ahead 13 in October of last year of ' s
2016 and 5.9 % lower than the 17 sales last month . October 2017
40 year-to-date sales of 221 .
30
sales were at a mid level compared to October of 2016 and 2015 . October YTD sales of 238 are running 7.7 % ahead of last year ' s year-to-date sales of 221 .
35
30
25
20
25
15
20
10
15
5
10
0
5
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 $ 309,000 , down 26.4 %
700
Prices from $ 420,000 in October of 2016 and down 20.8 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 390,063 Median last Sales month Price . in The October Average was Sales $ 309,000 Price , down in October 26.4 % was
650
700 from
$ 346,875 $ 420,000 , down in October 36.6 % from of 2016 $ 547,265 and down in October 20.8 % from of 2016 and
600
$ 390,063 last month . The Average Sales Price in October was
650 down 18.5 % from $ 425,624 last month . October 2017 ASP was
550
$ 346,875 , down 36.6 % from $ 547,265 in October of 2016 and
600 at the lowest level compared to October of 2016 and 2015 .
500 down 18.5 % from $ 425,624 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 168 , up of Properties 8.4 % from available 155 last month for sale and as of up 7.7 %
October from 156 was in 168 October , up 8.4 of % last from year 155 . last October month 2017 and Inventory up 7.7 % was at
250 from its highest 156 in October level compared of last year with . October 2017 of 2016 Inventory and 2015 was . at
200 its highest level compared with October of 2016 and 2015 .
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
25.0
20.0
15.0
150
15.0
100
10.0
A comparatively lower MSI is more beneficial for sellers while
100 a
10.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 10.5 higher months MSI was is better at a mid for level buyers compared . The October with October 2017 MSI of of 2016 10.5 and
50 months
2015 . was at a mid level compared with October of 2016 and
2015 .
0
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
5.0
0.0
9 11 12 14 23 27 36 32 36
133 133 136 25 23 23
Number of Properties Sold
15 18 15 25
9 11 12 14 23 27 36 32 36 25 23 23 15 18 15 25 30 24 33 22 19 20 20 13 27 13 9 19 23 41 31 34 23 25 17 16
175 188
189 175
186 188
193 189
188 186
174 193
157 188
150 174
157
150 133 161 133 156 136 184 161 191 156 188
172
184
166 191
164 188
163 172
153 166
152 164
156 163
153 177
152 185
156 209
177 220
185
220 202 209
198 220
181 220
173 202
159 198
155 181
168 173
30 24 33 22 19 20 20 13 27 13 9 19 23 41 31 34
159 23
155
3 Mo Avg
25
168 17 16
60 | c o l d w e l l b a n k e r h o m e s . c o m
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 .