Market Action Report
City: Palm Bay
Palm Bay
Agent Name
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$200,000
0%
14%
Other
$219,250 Trending
-1% versus*:
18%
Month
LM
L3M
PYM
LY
$164,500 2% 2% 12%
$200,000
0%
14%
$167,844 -1% 1% 7%
$219,250 404
-1% 7% 18% -6%
$164,500 264
2% 10%
2% 12% -1%
15%
$167,844 -1%
1%
7%
12%
39 -20% -15% -13%
404 7%
-6%
$113 1% 2% 12%
264 10%
-1%
$107 3% 3% 15%
39 -20% -15% -13% -9%
1.5 -3% -15% -5%
$113 1% 2% 12% 14%
96.2% -.4% .2% .2%
June Month's Supply of Inventory
June Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
300
June Property sales were 264, down 1.1% from 267 in June of
2016 and 10.5% higher than the 239 sales last month. June
250
Property
2017 sales Sales
were at a mid level compared to June of 2016 and 300
June
Property
sales sales
were of
264,
down
from 0.1%
267 in ahead
June of
2015.
June YTD
1,230
are 1.1%
running
of last
200
2016
and
10.5% higher
than of the
239 sales last month. June
year's
year-to-date
sales
1,229.
250
Prices
14
16
15
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
130 110
110 90
90 70
70 50
0
3.0
3.0
4.0
4.0
300
A comparatively lower MSI is more beneficial for sellers while 300
a 200
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
June 2017
MSI while
of 1.5 a 200
higher
MSI
is better
for buyers.
June 2017
of 1.5
months
was
at its lowest
level The
compared
with MSI
June
of 2016 and 100 100
months
0
2015. was at its lowest l