FL ARCHIVED June 2017 | Page 66

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

City : Venice

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
$ 304,900
2 %
15 %
Average List Price of all Current Listings
$ 373,742
1 %
9 %
June Median Sales Price
$ 258,995
8 %
4 %
6 %
10 %
$ 247,000
7 %
5 %
June Average Sales Price
$ 286,044
10 %
3 %
11 %
9 %
$ 277,448
8 %
6 %
Total Properties Currently for Sale ( Inventory )
761
-6%
5 %
June Number of Properties Sold
250 -15%
7 %
1,423
10 %
June Average Days on Market ( Solds )
72
-5%
-3%
14 %
20 %
73
26 %
22 %
Asking Price per Square Foot ( based on New Listings )
$ 188
1 %
3 %
13 %
8 %
$ 181
5 %
4 %
June Sold Price per Square Foot
$ 165
2 %
-1%
3 %
3 %
$ 168
5 %
5 %
June Month ' s Supply of Inventory
3.0
11 %
1 %
-2%
-17%
4.0
8 %
10 %
June Sale Price vs List Price Ratio
93.8 %
. 5 %
. 2 %
-. 8 % -1.0%
93.9 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
350
June Property sales were 250 , up 7.3 % from 233 in June of 2016
and 15.3 % lower than the 295 sales last month . June 2017 sales
300
Property were at their Sales highest level compared to June of 2016 and 2015 .
350
June Property YTD sales sales of were 1,423250 are , up running 7.3 % from 10.4 % 233 ahead in June of last of 2016 year ' s
250
and year-to-date 15.3 % lower sales than of the 1,289 295 . sales last month . June 2017 sales were at their highest level compared to June of 2016 and 2015 .
300
200
June YTD sales of 1,423 are running 10.4 % ahead of last year ' s
250
year-to-date sales of 1,289 .
150
200
100
150
100
50
Prices
The Median Sales Price in June was $ 258,995 , up 5.7 % from
Prices
$ 245,000 in June of 2016 and up 8.4 % from $ 239,000 last
290
The month Median . The Sales Average Price Sales in June Price was in $ 258,995 June was , up $ 5.7 286,044 % from , up
$
10.6 245,000 % from in June $ 258,586 of 2016 in and June up of 8.4 2016 % from and $ up 239,000 9.9 % from last
290
270
month
$ 260,267 . The last Average month Sales . June Price 2017 in June ASP was $ at 286,044 the highest , up level
10.6 % from $ 258,586 in June of 2016 and up 9.9 % from
270 compared to June of 2016 and 2015 .
$ 260,267 last month . June 2017 ASP was at the highest level
250
250
230
compared to June of 2016 and 2015 .
230
210
50 0
0
210 190
190 170

Venice

211 222
Number of Properties Sold
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
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
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
211 222 199 210 163 195 139 174 265 291 278 242 266 214 195 191 165 197 160 158 236 251 251 233 220 206 207 206 189 219 148 187 286 257 295 250
J A S O N D 14
Agent Name
199
Title Phone Website Other

Community Information | School District

210 163 195
170
150
150
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
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 761 , Inventory down 5.8 % of from Properties 808 last available month for and sale up as 5.1 of % June from 724
1,200 was in June 761 , down of last 5.8 year % from . June 808 2017 last Inventory month and was up 5.1 at % its from highest 724 level
1,200
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
in compared June of last with year June . June of 2016 2017 Inventory and 2015 . was at its highest level
1,000 compared with June of 2016 and 2015 .
800
600
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The June 2017 MSI of 3.0 higher months MSI was is better at a mid for level buyers compared . The June with 2017 June MSI of of 2016 3.0 and
200 months
2015 . was at a mid level compared with June of 2016 and
2015 .
0
6.0
800
5.0
600
4.0
400
3.0
2.0
200
1.0
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
5.0
4.0
3.0
2.0
1.0
0.0
139 174 265
709 658 685 671 694 720 749 742 742
709 658 685 671 694 720 749 742 742 689 642
291 278
689 642
Number of Properties Sold
242 266 214 195
565 550 499 503 524 595 617 191 165 197
565 550 499 503 524 595 617
160 158 236 251
723 793 846 770 750 724 695 693
251
723 793 846 770 750 724 233 220
689 752
816
206 852
695 693 689 207 206
955 971 966
189
752 816 852
219
3 Mo Avg
148
3 Mo Avg
847 808 761
187
955 971 966
286 847
3 Mo Avg
257 295
808 761
250
66 | c o l d w e l l b a n k e r h o m e s . c o m
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 .