FL ARCHIVED December 2017 | Page 201

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

City : Niceville

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
$ 369,450
3 %
19 %
Average List Price of all Current Listings
$ 423,918
4 %
21 %
December Median Sales Price
$ 336,000
45 %
23 %
10 %
15 %
$ 289,000
-2%
-1%
December Average Sales Price
$ 372,174
36 %
20 %
15 %
18 %
$ 321,757
2 %
2 %
Total Properties Currently for Sale ( Inventory )
120 -14%
-29%
December Number of Properties Sold
41 -28%
-18%
793
4 %
December Average Days on Market ( Solds )
50 -33% -14% -48% -30%
60
-15%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 165
-1%
3 %
8 %
11 %
$ 158
7 %
7 %
December Sold Price per Square Foot
$ 149
8 %
2 %
2 %
6 %
$ 150
6 %
6 %
December Month ' s Supply of Inventory
2.9
20 %
18 % -14% -23%
2.8
-27%
-27%
December Sale Price vs List Price Ratio
96.3 %
1.5 % -. 1 %
-. 7 %
. 2 %
96.9 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
December Property sales were 41 , down 18.0 % from 50 in
December of 2016 and 28.1 % lower than the 57 sales last month .
Property
December Sales 2017 sales were at their lowest level compared to
120
100
December Property of 2016 sales and were 2015 . 41 December , down 18.0 YTD % from sales 50 of in 793 are
December running 3.8 of 2016 % ahead and 28.1 of last % lower year ' s than year-to-date the 57 sales sales last of month 764 . .
100
December 2017 sales were at their lowest level compared to
80
December of 2016 and 2015 . December YTD sales of 793 are running 3.8 % ahead of last year ' s year-to-date sales of 764 .
80
60
60
40
40

Niceville

Agent Name
Number of Properties Sold
20
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 $ 336,000 , up 10.3 %
Prices from $ 304,700 in December of 2016 and up 45.1 % from
The
$ 231,500 Median last Sales month Price . in The December Average was Sales $ 336,000 Price in , up December 10.3 % was
400 from
$ 372,174 $ 304,700 , up 14.9 in December % from $ of 323,955 2016 and in December up 45.1 % from of 2016 and up
380
$
36.3 231,500 % from last month $ 273,034 . The last Average month Sales . December Price in December 2017 ASP was at
$ 372,174 , up 14.9 % from $ 323,955 in December of 2016 and up
360 the highest level compared to December of 2016 and 2015 .
36.3 % from $ 273,034 last month . December 2017 ASP was at
340 the highest level compared to December of 2016 and 2015 .
320
300
280
260
240
220
200
J
F M A M J
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
15
16
17
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
200
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
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
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 120 of , down Properties 13.7 % available from 139 for last sale month as of and down
December
29.4 % from was 170 120 in , down December 13.7 % from of last 139 year last . December month and 2017 down
300
29.4
Inventory % from was 170 in at December its lowest of level last compared year . December with December 2017 of
250
Inventory
2016 and was 2015 at . its lowest level compared with December of
2016 and 2015 .
200
300
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
150
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The December 2017 MSI of 2.9 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 2.9 of
201650 months and 2015 was . at its lowest level compared with December of 2016 and 2015 .
0
100
4.0
50
2.0
0
0.0
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
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
15
16
17
15
16
17
4.0
2.0
0.0
31 36 72 77 77 97 104 73 57 43 26 54 26 48 68 61 76 106 67 71 71 65 55 50 34 44 71 66 82 110 89 77 56 66 57 41
281
254 31 36 72
266 280 273
Title Phone Website Other

Community Information | School District

20
281 254 266
77 280
77 273
269 249
97 269
248 236
104
249 73
248
228 231
57
236 228
43 231
26
219 222 227
219
Number of Properties Sold
54 222
26
233 256 227
48 233
241 253
68 256 246
61 241 211
76 253
106 246
67 211
202 196 188
71 202 170
71 196 197
65 188
55 170
191 200
50 197
192 181
34 191
44 200
71
192
181 167 159
66
181 181
82
140 137
167 110
3 Mo Avg
159 89
139 120
140 77
137 56 139
3 Mo Avg
66
120 57 41
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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