FL ARCHIVED June 2017 | Page 203

Market Action Report June 2017
Community Information | School District
Market Action Report June 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
$ 329,000
10 %
4 %
Average List Price of all Current Listings
$ 394,118
6 %
10 %
June Median Sales Price
$ 324,000
12 %
8 %
-1%
11 %
$ 296,000
-1%
1 %
June Average Sales Price
$ 346,411
5 %
6 %
6 %
11 %
$ 323,519
3 %
3 %
Total Properties Currently for Sale ( Inventory )
161
-6%
-37%
June Number of Properties Sold
108
32 %
2 %
406
8 %
June Average Days on Market ( Solds )
48 -25% -21% -31% -32%
63
-10%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 159
5 %
3 %
10 %
8 %
$ 155
6 %
5 %
June Sold Price per Square Foot
$ 157
3 %
3 %
11 %
11 %
$ 151
9 %
7 %
June Month ' s Supply of Inventory
1.5 -29% -30% -38% -61%
3.2
-29%
-17%
June Sale Price vs List Price Ratio
98.8 %
1.3 % 1.2 % 1.1 % 2.9 %
97.5 %
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
June Property sales were 108 , up 1.9 % from 106 in June of 2016
and 31.7 % higher than the 82 sales last month . June 2017 sales
Property were at their Sales highest level compared to June of 2016 and 2015 .
120
100
June Property YTD sales sales of were 406 are 108 , running up 1.9 % 8.3 from % 106 ahead in June of last of year 2016 ' s yearto-date 31.7 % sales higher of 375 than . the 82 sales last month . June 2017 sales and
100 were at their highest level compared to June of 2016 and 2015 .
80
June YTD sales of 406 are running 8.3 % ahead of last year ' s yearto-date sales of 375 .
80
60
60
40
40

Niceville

Agent Name
20
Number of Properties Sold
20
0
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
0
14
15
16
17
Prices
The Median Sales Price in June was $ 324,000 , down 0.6 % from
Prices
$ 326,000 in June of 2016 and up 11.7 % from $ 290,000 last
The month Median . The Sales Average Price Sales in June Price was in $ 324,000 June was , down $ 346,411 0.6 %, from up 6.1 %
400
$ from 326,000 $ 326,457 in June in of June 2016 of and 2016 up and 11.7 % up from 5.5 % $ 290,000 from $ 328,420 last last . The Average Sales Price in June was $ 346,411 , up 6.1 %
380 month . June 2017 ASP was at the highest level compared to from $ 326,457 in June of 2016 and up 5.5 % from $ 328,420 last
360
June of 2016 and 2015 . month . June 2017 ASP was at the highest level compared to
340
June of 2016 and 2015 .
320
300
280
260
240
220
200
J
A S O N D
J
F M
AMedian M J
J ASales S O NPrice D
J Fand M AAverage M J
J
A Sales S O N Price D
J
F M A M J
14
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
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
14 S O N D
J
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 A
17 M J
14
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 June
The was Total 161 , Inventory down 5.8 % of from Properties 171 last available month for and sale down as of 36.6 June % from was 254161 in , June down of 5.8 last % from year . 171 June last 2017 month Inventory and down was 36.6 at % its from lowest
350
254 level in compared June of last with year June . of 2017 2016 Inventory and 2015 was . at its lowest
300 level compared with June of 2016 and 2015 .
250
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial June 2017 for sellers MSI while of 1.5 a
100 higher months MSI was is better at its lowest for buyers level . The compared June 2017 with MSI June of 1.5 of 2016 and months was at its lowest level compared with June of 2016 and
50
2015 .
2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
350
300
10.0
250
8.0
200
6.0
150
100
4.0
50
2.0
0
0.0
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
F M A M J
14
15
16
17
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
72 57 53 62 42 59 31 36 72 77 77 97 104 73 57 43 26 54 27 48 68 61 65 106 68 71 73 65 55 50 34 45 71 66 82 108
298 312
72 298 311
57 312 308
53
Title Phone Website Other

Community Information | School District

62 42 59 31 36 72
289 311
279 308
282 289
255 279
267 282 281
255 274
267
77 77
Number of Properties Sold
97 104 73 57 43 26 54 27 48
3 Mo Avg
270 281
250 274
250 270
238 250
230
250 233 221
238
223 230
228 233
234 221
223 257
242 228
254 234
246 257
211 242
202 254
196 246 187 211
167 202
194 196
187
187 195 167 185
194 171
187 161
195
68 61 65 106 68 71 73 65 55 50 34 45
185 71 171
3 Mo Avg
66
161 82 108
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 Ass 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 203