FL ARCHIVED January 2018 | Page 187

Market Action Report Escambia County County: Escambia Agent Name Market Action Report Title Phone Agent Name Website Title Other Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $249,900 4% 19% Other $343,949 Trending 3% versus*: 5% Month LM -2% L3M -2% PYM 8% LY $162,250 $249,900 4% -2% -2% 19% 3% $206,923 $343,949 1,438 3% -2% 5% -15% $162,250 344 -2% -29% -2% 8% 9% -2% $206,923 -2% -2% 3% -6% 82 -2% 4% -15% 1,438 -2% -15% $136 2% 6% 8% 344 -29% 9% $115 4% 2% 2% 82 -2% 4% -15% -6% 4.2 37% 11% -22% $136 2% 6% 8% 8% 95.2% 1.1% .7% 1.6% Average List Price of all Current Listings Market Trends Overview January Profile Median & Sales Price Median List Price of Sales all Current January Average Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) January Sales Price January Median Number of Properties Sold January Average Sales Price January Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) January Number of Properties Sold January Sold Price per Square Foot January Average Days on Market (Solds) January Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) January Sale Price vs List Price Ratio January Sold Price per Square Foot 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 $162,250 $206,923 -6% 8% -2% 7% .1% 3 Mo Avg 3 Mo Avg 484 462 15 300 280 260 240 220 200 180 160 140 120 100 16 17 Median Sales Price and Average Sales Price 435 455 Prices 18 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 18 F M 15 A M J J A S O N D J F M 16 A M J J A S O N D J F M 17 A M J J A S O N D J 15 16 17 18 Inventory & MSI 2,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of 3,000 January was 1,438, of down 2.4% available from 1,473 The Total Inventory Properties for last sale month as of and down 14.7% from 1,686 down in January of last year. 2018 January was 1,438, 2.4% from 1,473 last January month and down 3,000 2,500 14.7% from 1,686 January last compared year. January Inventory was at in its lowest of level with 2018 January of 2017 2,500 2,000 Inventory was at its lowest level compared with January of 2017 and 2016. 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 1,500 1,500 A comparatively lower MSI is more beneficial for sellers while a -6% 8% -3% 7% 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 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 0 240 220 200 180 160 140 120 100 0 100 $210,527 last month. January 2018 ASP was at the highest level compared to January of 2017 and 2016. 8% 344 9% -2% 3% 82 -15% -6% $136 8% 344 9% $115 2% 82 -15% -6% 4.2 -22% $136 8% 8% 95.2% 2% 200 200 100 The Median Sales Price in January was $162,250, up 7.8% from Prices $150,550 in January of 2017 and down 1.7% from $165,000 last The Median Sales Price Sales in January $162,250, up $206,923, 7.8% from up month. The Average Price was in January was 300 $150,550 in January of 2017 and down 1.7% and from $165,000 last 3.3% from $200,324 in January of 2017 down 1.7% from 280 month. The Average Sales Price in January was $206,923, up $210,527 last month. January 2018 ASP was at the highest level 260 3.3% from $200,324 in January of 2017 and down 1.7% from compared to January of 2017 and 2016. -2% -6% 3% 300 300 $206,923 Number of Properties Sold 400 Trending versus*: YTD Prior YTD 8% Prior Year $162,250 $115 4% 2% 2% -2% $115 2% -3% 4.2 37% 11% -22% 7% 4.2 -22% 7% of 95.2% Properties 95.2% 1.1% .7% 1.6% Number .1% 2% Sold 0% 600 January Property sales were 344, up 8.9% from 316 in January of 2017 and 28.6% lower than the 482 sales last month. January 500 Property 2018 sales Sales were at their highest level compared to January of 600 January Property were YTD 344, sales up 8.9% from in January 2017 and 2016. sales January of 344 are 316 running 8.9% of ahead 2017 and 28.6% lower than the 482 sales last month. January 500 400 of last year's year-to-date sales of 316. 2018 sales were at their highest level compared to January of 2017 and 2016. January YTD sales of 344 are running 8.9% ahead of last year's year-to-date sales of 316. Trending versus*: Prior YTD Prior Year YTD -2% -6% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date and 2016. January 2018 Community Information | School District County: Escambia January 2018 1,000 A higher comparatively lower MSI is more The beneficial for 2018 sellers MSI while MSI is better for buyers. January of a 4.2 1,000 500 higher MSI is better for buyers. January with 2018 MSI of 4.2 months was at its lowest level The compared January of 2017 500 months was at its lowest level compared with January of 2017 0 and 2016. 0 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 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 15 16 17 18 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es . c o m | 187 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS,