FL ARCHIVED April 2017 | Page 213

Market Action Report April 2017
Community Information | School District
Market Action Report April 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
$ 230,060
-0%
13 %
Average List Price of all Current Listings
$ 252,968
-2%
13 %
April Median Sales Price
$ 185,950
-14% -5%
1 %
-1%
$ 195,700
10 %
4 %
April Average Sales Price
$ 206,812
-5%
-1%
10 %
3 %
$ 209,335
7 %
5 %
Total Properties Currently for Sale ( Inventory )
294
-5%
-8%
April Number of Properties Sold
85
0 %
0 %
266
18 %
April Average Days on Market ( Solds )
91
0 %
-4% -19% -16%
95
-31%
-12%
Asking Price per Square Foot ( based on New Listings )
$ 105
2 %
1 %
8 %
6 %
$ 104
9 %
5 %
April Sold Price per Square Foot
$ 97
-2%
0 %
9 %
4 %
$ 97
7 %
4 %
April Month ' s Supply of Inventory
3.5
-5% -19% -8%
-31%
5.2
-28%
3 %
April Sale Price vs List Price Ratio
98.1 %
. 3 %
. 1 %
. 7 %
. 8 %
98.0 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
140
April Property sales were 85 , equal to 85 in April of 2016 and the same as the 85 sales last month . April 2017 sales were at
120
Number of Properties Sold
3 Mo Avg
Property their highest Sales level compared to April of 2016 and 2015 . April
140
April
YTD Property sales of 266 sales are were running 85 , equal 17.7 to % 85 ahead in April of last of 2016 year and ' s year-todate
100
same sales as of the 226 85 . sales last month . April 2017 sales were at the their highest level compared to April of 2016 and 2015 . April YTD sales of 266 are running 17.7 % ahead of last year ' s year-todate sales of 226 .
120
100
80
60
80
40
60
40
20
20
0
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 185,950 , up 1.1 % from
Prices
$ 184,000 in April of 2016 and down 13.5 % from $ 215,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 185,950 April was , up $ 1.1 206,812 % from , up 9.8 %
250
$ from 184,000 $ 188,335 in April in of April 2016 of and 2016 down and 13.5 down % from 4.8 % $ 215,000 from $ 217,258 last month . The Average Sales Price in April was $ 206,812 , up 9.8 %
240 last month . April 2017 ASP was at the highest level compared to from $ 188,335 in April of 2016 and down 4.8 % from $ 217,258
230
April of 2016 and 2015 . last month . April 2017 ASP was at the highest level compared to
220
April of 2016 and 2015 .
210
200
190
180
170
160
150
M
J
J
14
250
240
230
220
210
200
190
180
170
160
150
M
M
J
14
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
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
A 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
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 April
The was Total 294 , Inventory down 4.9 of % Properties from 309 last available month for and sale down as of 7.8 April % from was 319294 in , April down of 4.9 last % from year . 309 April last 2017 month Inventory and down was 7.8 at % its from lowest
450
319 level in April compared of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest
400 level compared with April of 2016 and 2015 .
350
300
450
400
350
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
12.0
10.0
14.0
12.0
10.0
8.0
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The April 2017 MSI of 3.5 higher MSI is better for buyers . The April 2017 MSI of 3.5
100 months was at its lowest level compared with April of 2016 and months was at its lowest level compared with April of 2016 and
50
2015 .
2015 .
0
200
8.0
150
6.0
100
4.0
50
2.0
0
0.0
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
F M A
14
15
16
17
14
15
16
17
6.0
4.0
2.0
0.0
59 65 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 85
411 404

Pace

59 411 380
65 404 353
Agent Name
48
Title Phone Website Other

Community Information | School District

53 64 56 49 64 34
357 380
332 353
316 357
307 332
334 316 321
307
336 334 321
54
334
368 53 64
336 358 334 356
59 77 87 55 61 55 31 51 28 38
368 353
358
356 338
356
316 353
325 356
342 338
322 316
329 325
319 342
327 322
328 329
311 319
299 327 314 328
301 311
292
299 299
314
313 301 321 292
309 299
294 313
75 85 91 115 67 88 80 62 70 83
321 40 309
56
294 85 85
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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