Agent Name
Title
Phone
Agent
Name
Website
Title Other
April 2017
City: Merritt Island Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$399,900
3%
18%
Other
$620,712 Trending
5% versus*:
31%
Month
LM
L3M
PYM
LY
$248,550 -17% 0% -3%
$399,900
3%
18%
$309,518 -7% 2% 9%
$620,712 273
5% 1% 31% -5%
$248,550 -17%
0% -3% 3%
4%
94 8%
$309,518 -7%
2%
9%
13%
57 -2% -5% -12%
273 1%
-5%
$168 -4% -2% 13%
94 8%
3%
$150 -3% 1% 6%
57 -2% -5% -12% -2%
2.9 -7% -13% -8%
$168 -4% -2% 13% 7%
94.6% .4% .3% .6%
April Month's Supply of Inventory
April Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
120
April Property sales were 94, up 3.3% from 91 in April of 2016
and 8.0% higher than the 87 sales last month. April 2017 sales
100
Property
Sales
were at a mid
level compared to April of 2016 and 2015. April 120
April
sales are
were
94, up 3.3%
91 last
in April
of 2016
YTD Property
sales of 303
running
1.6% from
behind
year's
year-to-
80
and
8.0%
higher
than the 87 sales last month. April 2017 sales
date
sales
of 308.
100
47
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Total Inventory & Month's Supply of Inventory (MSI)
0
17
15 A M J J A S O N D J F M 16
M J 14 J A S O N D J F M
A M J J A S O N D J F M A 17
14
15
16
17
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
was Total
273, Inventory
up 0.7% from
271 last available
month and
from 288 450
The
of Properties
for down
sale as 5.2%
of April
450 400
in April
of 0.7%
last year.
2017
Inventory
was 5.2%
at its from
lowest
was
273, up
from April
271 last
month
and down
288 level
in compared
April of last
year.
April
2017 Inventory
with
April
of 2016
and 2015. was at its lowest level 400 350
350 300
compared with April of 2016 and 2015.
300 250
250 200
A comparatively lower MSI is more beneficial for sellers while 200
a 150
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 2.9 a 150 100
100 50
higher
MSI
is better
for buyers.
April 2017
of 2.9
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and
50
months
0
2015. was at its lowest level compared with April of 2016 and
2015.
16
Median Sales Price and Average Sales Price
Inventory & MSI
15
290
270
250
230
210
190
170
150
14
350
330
310
290
270
250
230
210
190
170
150
last month. April 2017 ASP was at the highest level compared to
April of 2016 and 2015.
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
M J J A S O N D J F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
Prices
0
20 20
The Median Sales Price in April was $248,550, down 2.5% from
Prices
$255,000 in April of 2016 and down 17.2% from $300,000 last
The
Median
Sales
Price Sales
in April
was in
$248,550,
2.5% from
month.
The
Average
Price
April was down
$309,518,
up 8.7%
350
$255,000
in April in
of April
2016 of
and
down
17.2%
from
$300,000
last
from $284,703
2016
and
down
7.1%
from $333,315
month.
The Average
Sales ASP
Price
in April
$309,518,
up 8.7% 330
last month.
April 2017
was
at the was
highest
level compared
to
310
from
in April
of 2016 and down 7.1% from $333,315
April $284,703
of 2016 and
2015.
3 Mo Avg
40
40
0
3 Mo Avg
60
60
3%
9%
10%
0%
0%
Number of Properties Sold
80
were at a mid level compared to April of 2016 and 2015. April
YTD sales of 303 are running 1.6% behind last year's year-to-
date sales of 308.
-2% 4%
-8% 11%
14%
15%
3%
-14%
9%
0%
$150 -3% 1% 6% 11%
$148
15%
10%
2.9 -7% -13% -8% -19%
3.6 -14%
0%
of 94.3%
Properties
94.6% .4% .3% .6% Number
.7%
0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
109
A