FL ARCHIVED April 2017 | Page 209

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

City : Gulf Breeze

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
$ 348,900
14 %
32 %
Average List Price of all Current Listings
$ 504,976
4 %
28 %
April Median Sales Price
$ 252,676
1 %
7 %
19 %
12 %
$ 237,000
11 %
5 %
April Average Sales Price
$ 290,919
-2%
0 %
3 %
10 %
$ 291,420
14 %
10 %
Total Properties Currently for Sale ( Inventory )
293
-9%
-30%
April Number of Properties Sold
90 -11%
2 %
298
2 %
April Average Days on Market ( Solds )
74 -29% -17% -24% -17%
89
-14%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 150
-7%
-1%
10 %
13 %
$ 152
16 %
14 %
April Sold Price per Square Foot
$ 131
-0%
-1%
4 %
8 %
$ 132
11 %
9 %
April Month ' s Supply of Inventory
3.3
2 %
-21% -32% -28%
4.5
-28%
-0%
April Sale Price vs List Price Ratio
97.4 %
2.3 % 1.2 %
. 4 %
1.0 %
96.2 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
160
April Property sales were 90 , up 2.3 % from 88 in April of 2016
and 10.9 % lower than the 101 sales last month . April 2017 sales
140
Property were at a mid Sales level compared to April of 2016 and 2015 . April
160
April
YTD Property sales of 298 sales are were running 90 , up 2.4 2.3 % from ahead 88 of in last April year of ' s 2016 year-todate sales of 291 . and 10.9 % lower than the 101 sales last month . April 2017 sales
140 were at a mid level compared to April of 2016 and 2015 . April
120
YTD sales of 298 are running 2.4 % ahead of last year ' s year-todate
120
100
80
sales of 291 .
100
60
80
40
60
20
40
0
20

Gulf Breeze

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
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
J
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
76 74 86 93 64 55 54 64 44 58 83 113 104 109 100 84 73 82 50 62 42 74 87 88 108 143 110 94 105 74 68 62 54 53 101 90
0
Prices
The Median Sales Price in April was $ 252,676 , up 18.6 % from
Prices
$ 213,000 in April of 2016 and up 1.1 % from $ 249,900 last
The month Median . The Sales Average Price Sales in April Price was in $ 252,676 April was , up $ 18.6 290,919 % from , up 3.4 %
350
$ from 213,000 $ 281,272 in April in of April 2016 of and 2016 up 1.1 and % down from $ 2.0 249,900 % from last $ 296,980 month . The Average Sales Price in April was $ 290,919 , up 3.4 %
330 last month . April 2017 ASP was at the highest level compared to from $ 281,272 in April of 2016 and down 2.0 % from $ 296,980
310
April of 2016 and 2015 . last month . April 2017 ASP was at the highest level compared to
290
April of 2016 and 2015 .
270
250
230
210
190
170
150
M
14
350
330
310
290
270
250
230
210
190
170
150
M
M
J
14
J
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 293 , Inventory down 9.0 of % Properties from 322 last available month for and sale down as of 30.4 April % from was 421293 in , April down of 9.0 last % from year . 322 April last 2017 month Inventory and down was 30.4 at % its from lowest
600
600
500
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
421 level in April compared of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest
500 level compared with April of 2016 and 2015 .
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
200 higher MSI is better for buyers . The April 2017 MSI of 3.3 higher months MSI was is better at its lowest for buyers level . The compared April 2017 with MSI April of 3.3 of 2016 and
100 months
2015 . was at its lowest level compared with April of 2016 and
2015 .
0
12.0
400
10.0
300
8.0
200
6.0
4.0
100
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
10.0
8.0
6.0
4.0
2.0
0.0
522
76 74 86 93 64 55 54 64 44
519
499 522
508 519
508 499
526 508
521 508
508 526
560 521 535
508 518
560
58 83
Number of Properties Sold
113 104 109 100 84 73 82 50 62
3 Mo Avg
498 535
517 518
475 498
459 517
449
475 423 414
459
400 449
399 423
406 414
427 400
420 399
421 406
382 427
369 420
357 421
331 382 311 369
319 357
297 331
294
311 312
319
311 297 322 294
293 312
42 74 87 88 108 143 110 94 105 74 68 62
311 54 322
3 Mo Avg
53
293 101 90
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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