FL ARCHIVED April 2017 | Page 143

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

City : Melbourne

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
$ 287,900
-0%
7 %
Average List Price of all Current Listings
$ 345,338
-2%
6 %
April Median Sales Price
$ 205,000
-2%
-4%
5 %
0 %
$ 214,450
13 %
5 %
April Average Sales Price
$ 233,741
-4%
-4%
4 %
-1%
$ 244,395
12 %
4 %
Total Properties Currently for Sale ( Inventory )
535
-0%
-16%
April Number of Properties Sold
212 -15%
-18%
820
-7%
April Average Days on Market ( Solds )
48
7 %
-6%
-6%
-2%
51
-4%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 140
2 %
1 %
8 %
8 %
$ 138
10 %
6 %
April Sold Price per Square Foot
$ 126
1 %
-1%
9 %
6 %
$ 127
12 %
7 %
April Month ' s Supply of Inventory
2.5
17 %
-3%
3 %
-7%
2.7
-12%
1 %
April Sale Price vs List Price Ratio
95.8 %
. 9 %
. 7 %
. 7 %
. 7 %
95.1 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Melbourne

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
350
April Property sales were 212 , down 18.5 % from 260 in April of
2016 and 15.2 % lower than the 250 sales last month . April 2017
300
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to April of 2016 and
350
April
2015 Property . April YTD sales sales were of 212 820 , down are 18.5 running % from 6.6260 % behind April last of
250
2016 year and ' s year-to-date 15.2 % lower sales than of the 878 250 . sales last month . April 2017 sales were at their lowest level compared to April of 2016 and
2015 . April YTD sales of 820 are running 6.6 % behind last year ' s year-to-date sales of 878 .
300
250
200
150
200
100
150
100
50
50
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 $ 205,000 , up 5.1 % from
Prices
$ 195,000 in April of 2016 and down 2.4 % from $ 210,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 205,000 April was , up $ 233,741 5.1 % from , up 4.2 %
300
$ from 195,000 $ 224,294 in April in of April 2016 of and 2016 down and 2.4 down % from 4.2 $ % 210,000 from $ last 244,087 month . The Average Sales Price in April was $ 233,741 , up 4.2 %
280 last month . April 2017 ASP was at the highest level compared to from $ 224,294 in April of 2016 and down 4.2 % from $ 244,087
260
April of 2016 and 2015 . last month . April 2017 ASP was at the highest level compared to
240
April of 2016 and 2015 .
220
200
180
160
140
120
100
M
J
J
14
300
280
260
240
220
200
180
160
140
120
100
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 535 , Inventory down 0.4 of % Properties from 537 last available month for and sale down as of 15.9 April % from was 636535 in , April down of 0.4 last % from year . 537 April last 2017 month Inventory and down was 15.9 at % its from lowest
900
636 level in compared April of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest
800
900
800
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.5
4.0
level compared with April of 2016 and 2015 .
700
600
3.5
600
500
3.0
500
400
2.5
A comparatively lower MSI is more beneficial for sellers while
400 a
A comparatively lower MSI is more beneficial for sellers while a
300 higher MSI is better for buyers . The April 2017 MSI of 2.5 higher MSI is better for buyers . The April 2017 MSI of 2.5
200 months was at a mid level compared with April of 2016 and months was at a mid level compared with April of 2016 and
100
2015 .
2015 .
0
300
2.0
200
1.5
100
1.0
0.5
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
243 219 237 261 218 225 177 235 180 204 254 216 260 270 279 247 227 197 192 207 174 182 262 260 278 291 284 237 253 209 199 231 182 176 250 212
774
243 219 237 261 218 225 177 235 180 204
763
759 774
704 763
671 759
688 704
681 671
631 688
642 681 648
631 664
642 660
648 663
664 665
660 643
663 622
665
624 659
643
676 622
667 624
685 659
669 676
633 667
636 685
254 216 260 270 279 247 227 197 192 207 174 669 592
182 633 653
262 636 637
260 592 606
278 653 582
291 637
610 284 606
624 593
237 582
579 253 610
545 209 624 537
199 593 535
231 579
182 545
176
537 250
535 212
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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 .
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