FL ARCHIVED April 2017 | Page 11

Market Action Report April 2017
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report April 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
$ 234,900
2 %
7 %
Average List Price of all Current Listings
$ 293,061
3 %
14 %
April Median Sales Price
$ 199,999
-4%
1 %
12 %
9 %
$ 199,000
16 %
8 %
April Average Sales Price
$ 221,628
-4%
0 %
16 %
10 %
$ 222,666
17 %
11 %
Total Properties Currently for Sale ( Inventory )
179
-6%
-17%
April Number of Properties Sold
103
-7%
4 %
383
7 %
April Average Days on Market ( Solds )
35 -31% -20% -20% -34%
44
-27%
-17%
Asking Price per Square Foot ( based on New Listings )
$ 122
3 %
3 %
9 %
9 %
$ 119
10 %
6 %
April Sold Price per Square Foot
$ 111
-6%
-3%
7 %
4 %
$ 114
12 %
7 %
April Month ' s Supply of Inventory
1.7
1 %
-6% -20% -27%
2.1
-21%
-12%
April Sale Price vs List Price Ratio
96.4 %
. 2 %
-. 4 %
. 1 %
-. 0 %
96.8 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
140
April Property sales were 103 , up 4.0 % from 99 in April of 2016 and 7.2 % lower than the 111 sales last month . April 2017 sales
120
Number of Properties Sold
3 Mo Avg
Property were at a mid Sales level compared to April of 2016 and 2015 . April
140
April
YTD Property sales of 383 sales are were running 103 , up 6.7 4.0 % ahead from 99 of in last April year of ' s 2016 year-todate
100
7.2 sales % lower of 359 than . the 111 sales last month . April 2017 sales and were at a mid level compared to April of 2016 and 2015 . April
120
80
YTD sales of 383 are running 6.7 % ahead of last year ' s year-todate
100
sales of 359 .
60
80
40
60
40
20
20
0
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 199,999 , up 11.7 % from
M
14
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Prices
$ 179,000 in April of 2016 and down 3.8 % from $ 208,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 199,999 April was , up $ 11.7 221,628 % from , up
$
15.6 179,000 % from in April $ 191,771 of 2016 in April and down of 2016 3.8 % and from down $ 208,000 3.8 % from last
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 230,361 . The last Average month Sales . April Price 2017 in April ASP was $ at 221,628 the highest , up level
15.6 % from $ 191,771 in April of 2016 and down 3.8 % from
220 compared to April of 2016 and 2015 .
$ 230,361 last month . April 2017 ASP was at the highest level
200
200
180
compared to April of 2016 and 2015 .
180
160
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 179 , Inventory down 6.3 % of from Properties 191 last available month for and sale down as of 16.7 April % from was 215179 in , April down of 6.3 last % from year . 191 April last 2017 month Inventory and down was 16.7 at % its from lowest 400 215 level in April compared of last with year . April of 2017 2016 Inventory and 2015 was . at its lowest 350 level compared with April of 2016 and 2015 .
300 250
200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
April for 2017 sellers
MSI while of 1.7 a higher MSI is better for buyers . The April 2017 MSI of 1.7
100 months was at its lowest level compared with April of 2016 and months was at its lowest level compared with April of 2016 and 50 2015 . 2015 .
0
160 140 120 100
90 92 89 103 91 87 97 108 72 91 105 105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 109 98 87 110 93 75 94 111 103
140 120 100
M 14
400 350 300 250
J 14 J A S O N D J
15
328 328
350 328
328 376
380 350 339 344 347
339
200 150 100 50 0
M 14
90
M
92 89
Title
Website Other
103 91 87 97 108 72
J J A S O N D J
91 105 105 80 110 126 99 90
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
376 380
344 347
293 289 289 293 315 289
292 289
281 315
301 273
292
269 281
274 301
263 273
266 269
243 274
226 263
228 266
215 243
222 226
216 228 232
215 232 222 236 216 231
232 224
232 212
236
210 199
231
191 224
179 212 210
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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 N D J F M A
14 15
15 16
16 17
17
91 82 101 65 89 106
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
F M A17
99 113 98 98 109 98 87 110 93 75 199
94
191 111
179 103
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con c o l d w e l l b a n k e r h o m e s . c o m | 11
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 .