FL ARCHIVED June 2017 | Page 211

Market Action Report June 2017
Community Information | School District
Market Action Report June 2017

City : Pace

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
1 %
12 %
Average List Price of all Current Listings
$ 260,194
1 %
10 %
June Median Sales Price
$ 212,000
7 %
6 %
9 %
13 %
$ 199,000
10 %
6 %
June Average Sales Price
$ 219,973
2 %
2 %
11 %
10 %
$ 212,751
6 %
6 %
Total Properties Currently for Sale ( Inventory )
314
3 %
-4%
June Number of Properties Sold
101
16 %
-12%
455
5 %
June Average Days on Market ( Solds )
83 -28% -13% -5%
-23%
97
-18%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 107
-1%
2 %
8 %
8 %
$ 105
8 %
6 %
June Sold Price per Square Foot
$ 100
1 %
2 %
9 %
8 %
$ 98
7 %
5 %
June Month ' s Supply of Inventory
3.1 -11% -9%
10 %
-37%
4.6
-21%
-7%
June Sale Price vs List Price Ratio
98.5 %
. 1 %
. 3 %
2.5 % 1.2 %
98.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
June Property sales were 101 , down 12.2 % from 115 in June of
2016 and 16.1 % higher than the 87 sales last month . June 2017
120
Property sales were Sales at a mid level compared to June of 2016 and 2015 .
140
June Property YTD sales sales of were 455 are 101 , running down 12.2 5.3 % from ahead 115 of in last June year of ' s yearto-date
100
and sales 16.1 % of higher 432 . than the 87 sales last month . June 2017
2016 sales were at a mid level compared to June of 2016 and 2015 .
120
80
June YTD sales of 455 are running 5.3 % ahead of last year ' s yearto-date
100
sales of 432 .
60
80
40
60
40
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 $ 212,000 , up 8.7 % from
Prices
$ 195,000 in June of 2016 and up 7.1 % from $ 198,000 last
The month Median . The Sales Average Price Sales in June Price was in $ 212,000 June was , up $ 219,973 8.7 % from , up 11.5 %
250
$ from 195,000 $ 197,338 in June in of June 2016 of and 2016 up 7.1 and % up from 2.1 $ % 198,000 from $ 215,476 last last . The Average Sales Price in June was $ 219,973 , up 11.5 %
240 month . June 2017 ASP was at a mid range compared to June of from $ 197,338 in June of 2016 and up 2.1 % from $ 215,476 last
230
2016 and 2015 . month . June 2017 ASP was at a mid range compared to June of
220
2016 and 2015 .
210
200
190
180
170
160
150
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
250
Median Sales Price and Average Sales Price
240
3 Mo Avg
230
220
210
200
190
180
170
160
150
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 314 , Inventory up 3.3 % from of Properties 304 last available month and for down sale as 3.7 of % June from 326 was in June 314 , up of 3.3 last % year from . June 304 last 2017 month Inventory and down was 3.7 at % its from lowest 326 level
400
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
in compared June of last with year June . June of 2016 2017 Inventory and 2015 . was at its lowest level
350 compared with June of 2016 and 2015 .
300
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 3.1 a higher MSI is better for buyers . The June 2017 MSI of 3.1
100 months was at a mid level compared with June of 2016 and months was at a mid level compared with June of 2016 and
50
2015 .
2015 .
0
300
12.0
250
10.0
200
8.0
150
6.0
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
48 53 64 56 49 64 34 54 53 64 59 77 87 55 61 55 31 51 28 38 75 85 91 115 67 88 80 62 70 83 40 56 85 86 87 101
380 353

Pace

48 380 357
53 353 332
Agent Name
64
Title Phone Website Other

Community Information | School District

56 49 64 34 54 53
316 357
307 332
333 316
320 307
335 333 333
320 367 335 333
64
357 355
59
Number of Properties Sold
77 87 55 61 55 31 51 28 38 75
3 Mo Avg
367 351
357 354
355 337
351
315 324
354
341 337
321 315
329 324
318 341
325 321
326 329
308 318
297 325
312 326
299 308 291
297 302 312
316 299 325 291 315
302 311
316 304
325 314
315
85 91 115 67 88 80 62 70 83 40 56
311 85 304
3 Mo Avg
86
314 87 101
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 .
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