FL ARCHIVED December 2017 | Page 139

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

City : Melbourne

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
$ 281,950
-2%
8 %
Average List Price of all Current Listings
$ 332,299
-1%
1 %
December Median Sales Price
$ 248,950
4 %
6 %
27 %
21 %
$ 229,500
12 %
12 %
December Average Sales Price
$ 289,410
11 %
8 %
25 %
23 %
$ 258,746
10 %
10 %
Total Properties Currently for Sale ( Inventory )
590
-6%
-1%
December Number of Properties Sold
218
8 %
-6%
2,798
-2%
December Average Days on Market ( Solds )
59
34 %
23 %
18 %
20 %
44
-10%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 150
1 %
2 %
17 %
15 %
$ 141
8 %
8 %
December Sold Price per Square Foot
$ 141
5 %
5 %
15 %
19 %
$ 132
11 %
11 %
December Month ' s Supply of Inventory
2.7 -13% -11%
6 %
-0%
2.7
-0%
-0%
December Sale Price vs List Price Ratio
94.9 %
-. 5 %
-. 3 %
. 4 %
-. 3 %
95.6 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Melbourne

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
350
December Property sales were 218 , down 6.0 % from 232 in
December of 2016 and 7.9 % higher than the 202 sales last
300
Number of Properties Sold
3 Mo Avg
Property month . December Sales 2017 sales were at a mid level compared to
350
December Property of 2016 sales and were 2015 . 218 December , down 6.0 YTD % from sales 232 of in 2,798 are
250
December running 2.3 of 2016 % behind and 7.9 last % year higher ' s year-to-date than the 202 sales of last 2,865 . month . December 2017 sales were at a mid level compared to
December of 2016 and 2015 . December YTD sales of 2,798 are running 2.3 % behind last year ' s year-to-date sales of 2,865 .
300
250
200
200
150
100
150
50
100
50
0
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
0
15
16
17
Prices
The Median Sales Price in December was $ 248,950 , up 27.3 %
J
F M A M J
15
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
3 Mo Avg
Prices from $ 195,500 in December of 2016 and up 3.7 % from
The
$ 240,000 Median last Sales month Price . in The December Average was Sales $ 248,950 Price in , up December 27.3 % was from
$ 289,410 $ 195,500 , up in 24.6 December % from of $ 232,253 2016 and in up December 3.7 % from of 2016 and up
290
$
11.2 240,000 % from last $ month 260,148 . The last Average month . Sales December Price in 2017 December ASP was at
$ 289,410 , up 24.6 % from $ 232,253 in December of 2016 and up
270 the highest level compared to December of 2016 and 2015 .
11.2 % from $ 260,148 last month . December 2017 ASP was at
250
290
270
250
230
Median Sales Price and Average Sales Price
3 Mo Avg
the highest level compared to December of 2016 and 2015 .
230
210
210
190
190
170
170
150
150
J
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
15
16
17
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
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
December Total Inventory was 590 of , down Properties 6.3 % available from 630 for last sale month as of and down
December
0.8 % from was 595 590 in , down December 6.3 % of from last 630 year last . December month and 2017 down
800
0.8
Inventory % from 595 was in at December its lowest of level last compared year . December with December 2017 of
700
Inventory
2016 and was 2015 at . its lowest level compared with December of
600
2016 and 2015 .
500
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 2.7
200 higher months MSI was is better at a mid for level buyers compared . The December with December 2017 MSI of of 2016 2.7 months was at a mid level compared with December of 2016
100 and 2015 . and 2015 .
0
800
700
600
500
400
300
200
100
0
J
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
A S O N D
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
180 204 254 216 260 270 279 248 227 197 192 207 174 182 262 260 278 291 286 237 255 209 199 232 183 176 254 222 271 299 273 276 229 195 202 218
642
J
15
180 204 254 216 260 270 279 248 227 197
649
665 642
660 649
664 665
666 660
643 664
622 666
623 643 660
622 678 623 669
660 687
678 671
669 635
687 637
671
594 653
635
639 637
607 594
583 653
611 639
627 607
595 583
192 207 174 182 262 260
588 611
562 627
573 595
592 588
628 562 655
573 650 592 656
628 643
655
653 650
630 656
590 643
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 15
16 17
16
17
278 291 286 237 255 209 199 232 183 176 254 222 271 299 273 276 229 653
195
630 202
590
218
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 Assoc 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 139