FL ARCHIVED January 2018 | Page 17

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

County : Pasco

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
$ 234,900
2 %
13 %
Average List Price of all Current Listings
$ 268,003
-1%
8 %
January Median Sales Price
$ 165,000
-16% -12%
2 %
-11%
$ 165,000
2 %
-11%
January Average Sales Price
$ 193,054
-10% -7%
11 %
-3%
$ 193,054
11 %
-3%
Total Properties Currently for Sale ( Inventory )
2,448
2 %
-7%
January Number of Properties Sold
699 -25%
4 %
699
4 %
January Average Days on Market ( Solds )
55
0 %
2 %
-15%
0 %
55
-15%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 120
3 %
2 %
11 %
5 %
$ 120
11 %
5 %
January Sold Price per Square Foot
$ 107
-5%
-2%
11 %
1 %
$ 107
11 %
1 %
January Month ' s Supply of Inventory
3.5
36 %
17 % -11%
27 %
3.5
-11%
27 %
January Sale Price vs List Price Ratio
95.2 %
-. 5 % -. 2 % 1.3 %
-. 2 %
95.2 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1,400
January Property sales were 699 , up 4.3 % from 670 in January
of 2017 and 25.2 % lower than the 934 sales last month . January
1,200
Property
2018 sales Sales were at their highest level compared to January of
1,400
January
2017 and Property 2016 . sales January were YTD 699 , sales up 4.3 of % 699 from are 670 running January 4.3 % of ahead 2017 and of last
25.2 year % lower
' s year-to-date than the 934 sales sales of 670 last .
month . January
2018 sales were at their highest level compared to January of
1,000
1,200
800
2017 and 2016 . January YTD sales of 699 are running 4.3 %
1,000
ahead of last year ' s year-to-date sales of 670 .
800
600
600
400
400
200

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
0
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 165,000 , up 2.3 % from
F
M A M J
15
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
Median Sales Price and Average Sales Price
16
17
18
3 Mo Avg
Prices
$ 161,250 in January of 2017 and down 15.6 % from $ 195,450
240
The last Median month . Sales The Price Average in January Sales Price was $ in 165,000 January , up was 2.3 $ % 193,054 from ,
$ up 161,250 11.1 % in from January $ 173,756 of 2017 in January and down of 15.6 2017 % from and down $ 195,450 10.0 %
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
last from month $ 214,616 . The Average last month Sales . January Price in 2018 January ASP was was $ 193,054 at the highest , up 11.1 % from $ 173,756 in January of 2017 and down 10.0 %
220
200 level compared to January of 2017 and 2016 . from $ 214,616 last month . January 2018 ASP was at the highest
200
180
level compared to January of 2017 and 2016 .
180
160
160 140
140 120
120 100
100
721 932 935 1,007
721 932 935 1,007 1,113 1,054 970 871 871 790 916 681 760 998 1,041 1,052 1,046 975 988 896 792 802 913 670 754 1,045 1,001 1,135 1,162 1,041 1,014 800 847 854 934 699
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 2,448 of , up Properties 2.0 % from available 2,400 for last sale month as of and down
4,000
January
7.3 % from was 2,642 2,448 , in up January 2.0 % from of last 2,400 year last . January month and 2018 down
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
7.3
Inventory % from 2,642 was at in its January lowest of level last year compared . January with 2018 January of 2017
3,5003,000
5.0
Inventory and 2016 was . at its lowest level compared with January of 2017 and 2016 .
3,0002,500
2,500
2,000
4.0
2,000
3.0
1,500
A comparatively lower MSI is more beneficial for sellers while
1,500 a
A comparatively lower MSI is more beneficial for sellers while a
2.0 higher MSI is better for buyers . The January 2018 MSI of 3.5
1,000 higher MSI is better for buyers . The January 2018 MSI of 3.5
1,000 months was at its lowest level compared with January of 2017
500
1.0 months was at its lowest level compared with January of 2017
500 and 2016 .
0 and 2016 .
0
0.0
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 J
15
15
16
16
17
17
18
18
1,113 1,054
3,730 3,622 3,579 3,538 3,389 3,338 3,278 3,181 3,082 970 871 871 790 916
3,075 3,012 3,011 2,950 2,895 2,801 2,632 2,666 2,591
Number of Properties Sold
681 760 998 1,041 1,052 1,046 975 988 896 792 802 913 670 754 1,045 1,001 1,135 1,162
3 Mo Avg
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
3,730 3,622 3,579 3,538 3,389 3,338 3,278 3,181 3,082 3,075 3,012 3,011 2,950 2,895 2,801 2,632 2,666 2,591 2,551 2,615 2,634 2,658 2,593 2,642
1,041 1,014
2,551 2,615 2,634 2,658 2,593 2,642 2,597 2,626 2,482 2,474 2,513 2,513 2,481 2,458 2,433 2,479 2,400 2,448 800 847
2,597 2,626 2,482 2,474 2,513 2,513 2,481 2,458 2,433 2,479
3 Mo Avg
854 934
2,400 2,448
699
6.0 5.0
4.0 3.0 2.0 1.0 0.0
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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