FL ARCHIVED April 2017 | Page 151

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

City : Palm Coast

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
$ 279,000
1 %
2 %
Average List Price of all Current Listings
$ 401,315
0 %
-1%
April Median Sales Price
$ 210,000
5 %
6 %
20 %
10 %
$ 198,995
11 %
5 %
April Average Sales Price
$ 297,238
20 %
18 %
31 %
27 %
$ 252,431
14 %
8 %
Total Properties Currently for Sale ( Inventory )
933
-1%
-16%
April Number of Properties Sold
205 -13%
11 %
702
3 %
April Average Days on Market ( Solds )
73
-6%
-4% -18% -13%
76
-17%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 146
2 %
2 %
5 %
6 %
$ 143
4 %
4 %
April Sold Price per Square Foot
$ 134
8 %
7 %
14 %
14 %
$ 126
11 %
7 %
April Month ' s Supply of Inventory
4.6
14 % -14% -25% -18%
5.8
-15%
5 %
April Sale Price vs List Price Ratio
96.0 %
-. 2 % -. 3 % -. 3 %
-. 5 %
96.3 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
April Property sales were 205 , up 11.4 % from 184 in April of
2016 and 12.8 % lower than the 235 sales last month . April 2017
Property sales were Sales at a mid level compared to April of 2016 and 2015 .
300
250
April Property YTD sales sales of were 702 are 205 running , up 11.4 % 2.8 from % ahead 184 in of April last of year ' s
2016 year-to-date and 12.8 % sales lower of than 683 . the 235 sales last month . April 2017 sales were at a mid level compared to April of 2016 and 2015 .
250
200
April YTD sales of 702 are running 2.8 % ahead of last year ' s year-to-date sales of 683 .
200
150
150
100

Palm Agent Coast

Name
Title Phone Website Other

Community Information | School District

100
50
215 194 213 195 193 181
Number of Properties Sold
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 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in April was $ 210,000 , up 20.3 % from
300
Prices $ 174,500 in April of 2016 and up 5.0 % from $ 200,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in April Price was in $ 210,000 April was , up $ 297,238 20.3 % from , up
280
300 $ 30.6 174,500 % from in April $ 227,680 of 2016 in and April up of 5.02016 % from and $ 200,000 up 20.4 % last from 260 month . The Average Sales Price in April $ 297,238 , up
280
$ 246,927 last month . April 2017 ASP was at the highest level 240 30.6 % from $ 227,680 in April of 2016 and up 20.4 % from 260 compared to April of 2016 and 2015 .
220
$ 246,927 last month . April 2017 ASP was at the highest level 240 200 compared to April of 2016 and 2015 . 220
180 200
160 180
140 160
120
140 120
100
100 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 J 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 933 , Inventory down 1.0 of % Properties from 942 last available month for and sale down as of 16.0 April % from 1,400
12.0 was 1,111 933 in , down April of 1.0 last % from year 942 . April last 2017 month Inventory and down was 16.0 at % its from lowest 1,4001,200 12.0
10.0
1,111 level in compared April of last with year April . April of 2017 2016 Inventory and 2015 . was at its lowest 1,200 1,000
10.0 level compared with April of 2016 and 2015 .
8.0 1,000
800 8.0
800 6.0
600 6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
400 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The April 2017 MSI of 4.6 400 higher months MSI was is better at its lowest for buyers level . The compared April 2017 with MSI April of 4.6 of 2016 and
200 2.0
2.0 months was at its lowest level compared with April of 2016 and
200 2015 .
0 0.0
2015 . 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
172 211 122 148 219
215 194 213 195 193 181 172 211 122 148 219 225 221 230 236 215 202 200 153 190 121 175 203 184 234 249 222 224 194 184 159 195 128 134 235 205
1,289 1,266 1,212 1,204 1,207 1,188 1,202 1,165 1,232 1,233 1,192 1,188 1,172 1,174 1,146 1,117 1,111 1,081
Number of Properties Sold
225 221 230 236 215 202
1,289 1,266 1,212 1,204 1,207 1,188 1,202 1,165 1,232 1,233 1,192 1,188 1,172 1,174 1,146 1,117 1,111 1,081 200 153 190 121 175 203 184 234 249 222 224
1,060
1,015 1,088 1,133 1,160 1,111 1,094 1,062 1,028 1,050 1,019 937 944 901 956
194
1,060
1,015 1,088 1,133 1,160 1,111 1,094 1,062 1,028 1,050 1,019 937 944
184
970 942 933
3 Mo Avg
159 195 128 134
901 956 970 942 933
3 Mo Avg
235
205
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 151