Market Action Report
City: Melbourne
Melbourne
Agent Name
Title
Phone
Agent
Name
Website
Title Other
January 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$294,900
5%
15%
Other
$331,978 Trending
1% versus*:
-0%
Month
LM
L3M
PYM
LY
$225,000 -10% -2% 7%
$294,900
5%
15%
$263,063 -9% -1% 3%
$331,978 561
1% -8% -0% -5%
$225,000 163
-10% -29%
-2% 7% -11%
-2%
$263,063 -9%
-1%
3%
2%
71 22% 29% 31%
561 -8%
-5%
$153 2% 3% 9%
163 -29%
-11%
$133 -6% -1% 3%
71 22% 29% 31% 54%
3.4 29% 11% 7%
$153 2% 3% 9% 8%
94.3% -.7% -.7% -.6%
January Month's Supply of Inventory
January Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
350
January Property sales were 163, down 10.9% from 183 in
January of 2017 and 28.5% lower than the 228 sales last month. 300
Property
Sales
January 2018
sales were at their lowest level compared to
350
January
were 163,
down YTD
10.9% sales
from of 183
250
January Property
of 2017 sales
and 2016.
January
163 in are
January
2017 and
28.5%
lower
than
the 228 sales
last of month.
300
running of 10.9%
behind
last
year's
year-to-date
sales
183.
200
January 2018 sales were at their lowest level compared to
Prices
16
17
15
The Median Sales Price in January was $225,000, up 6.6% from
Prices
$211,000 in January of 2017 and down 9.6% from $248,950
290
The
in January
was $225,000,
6.6%
from
last Median
month. Sales
The Price
Average
Sales Price
in January up
was
$263,063,
270
$211,000
January
of 2017
and down of 9.6%
up 2.6% in
from
$256,318
in January
2017 from
and $248,950
down 9.0% from
290
last
month. last
The month.
Average January
Sales Price
in January
was
$288,969
2018
ASP was
at $263,063,
the highest
250
up
2.6%
from $256,318
in January
of 2017
and down 9.0% from 270
level
compared
to January
of 2017
and 2016.
$288,969 last month. January 2018 ASP was at the highest
250 230
level compared to January of 2017 and 2016.
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
15
16
17
18
F M A M J J A S O N
D J F M Sales
A M J Price
J A S and
O N Average
D J F M Sales
A M J Price
J A S O N D J
Median
3 Mo Avg
0
0
50
50
100
100
150
3 Mo Avg
150
200
3 Mo Avg
Number of Properties Sold
250
January of