FL ARCHIVED April 2017 | Page 119

Market Action Report
April 2017
PALM
City: Palm Coast COAST
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,548,000
3%
Other 3%
Community Information | School District
City: Palm Coast
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
YTD
Trending versus*:
Prior YTD Prior Year
$1,753,102 3% Trending versus*:
3%
Trending versus*:
$1,900,000
46% PYM
73% 58%
$1,300,000
18%
8% Year
Month 73%
LM L3M
LY
YTD
Prior
YTD Prior
$1,809,167 64%
37%
18%
$1,548,000
3% 15% 59%
3% 36% $1,572,778
Total Properties
for Sale
(Inventory)
39 -9%
-37%
Average
List Price Currently
of all Current
Listings
$1,753,102
3%
3%
April Median
Number Sales
of Properties
Sold
80%
April
Price
$1,900,000 6 100%
73% 46% 100%
73% 58% $1,300,000 9
18%
8%
April Average
Average Sales
Days Price
on Market (Solds)
287 64%
13% 15%
4% 59%
24% 36%
31% $1,572,778
276
-1%
26%
April
$1,809,167
37%
18%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$258
-38% -33%
$327
-11%
-15%
Total
Properties
for Sale
(Inventory)
39 -23%
-9% -21% -37%
April Number
Sold Price
per Square Sold
Foot
$396 6 100%
84% 18% 100%
36% 36%
$336 9
8%
15%
April
of Properties
80%
April Average
Month's Days
Supply
Inventory
6.5 -55%
10.4
-66%
April
on of
Market
(Solds)
287
13% -38%
4% -69%
24% -79%
31%
276 -61%
-1%
26%
April Sale
Price
List Price
82.9%
1.3% -21%
.4% -38%
-6.5% -5.4%
82.5%
-7%
-6%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$258 -23%
-33%
$327
-11%
-15%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April
Sold Price per Square Foot
$396 84% 18% 36% 36%
$336
8%
15%
Number
April Month's Supply of Inventory
6.5 -55% -38% -69%
-79% of Properties
10.4 Sold
-61%
-66%
Property
Sales
April
Sale Price
vs List Price Ratio
82.9% 1.3% .4% -6.5% -5.4%
82.5%
-7%
-6%
7
Average List Price of all Current Listings
April Median
Sales
Price
Market
Profile
& Trends
Overview
April Average
Sales
Price
Median
List Price
of all
Current Listings
3 Mo Avg
April Property
sales
were / 6,
up 100.0%
from
3 / in
April
of (2016)
2016 / YTD = Year-to-date
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month Prior
Year
LY=Last
Year
6
Number of Properties Sold
3 Mo Avg
5
7
4
6
3
5
1
3 Mo Avg
Total Inventory & Month's Supply of Inventory (MSI)
50.0
Total Inventory & Month's Supply of Inventory (MSI)
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
70.0
14
15
16
17
60.0
20
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
14
15
16
17
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The April 2017 MSI of 6.5
months was at its lowest level compared with April of 2016 and
2015. 40
70
30
60
20
50
10
40
0
30
Median Sales Price and Average Sales Price
Inventory & MSI
The Total Inventory of Properties available for sale as of April
was 39, down 9.3% from 43 last month and down 37.1% from 62
in April of last year. April 2017 Inventory was at its lowest level
A comparatively lower MSI is more beneficial for sellers while a
compared with April of 2016 and 2015.
higher MSI is better for buyers. The April 2017 MSI of 6.5
months was at its lowest level compared with April of 2016 and
2015.
Median Sales Price and Average Sales Price
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
15
16
17
The Median Sales Price in April was $1,900,000, up 72.7% from 0
2,100
M
$1,100,000 in April of 2016 and up 72.7% from $1,100,000 last
2,000
14
month. The Average Sales Price in April was $1,809,167, up
1,900
58.6% from $1,140,833 in April of 2016 and up 64.5% from
Prices
1,800
$1,100,000
last
month.
April
2017
ASP
was
at
the
highest
level
The Median Sales Price in April was $1,900,000, up 72.7% from
2,100
1,700
compared to
$1,100,000
in April
April of
of 2016
2016 and
and 2015.
up 72.7% from $1,100,000 last
2,000
1,600
month. The Average Sales Price in April was $1,809,167, up
1,900
1,500
58.6% from $1,140,833 in April of 2016 and up 64.5% from
1,400
$1,100,000 last month. April 2017 ASP was at the highest level 1,800
1,300
1,700
compared to April of 2016 and 2015.
1,200
1,600
1,100
1,500
1,400
1,300
1,200
Inventory & MSI
1,100
The Total Inventory of Properties available for sale as of April
was 39, down 9.3% from 43 last month and down 37.1% from 62 70
in April of last year. April 2017 Inventory was at its lowest level 60
compared with April of 2016 and 2015.
50
Prices
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
1
0
2
1
3
2
4
and 100.0% higher than the 3 sales last month. April 2017 sales
were at their highest level compared to April of 2016 and 2015.
April YTD sales
of 9 are running 80.0% ahead of last year's year-
Property
Sales
to-date
sales of sales
5. were 6, up 100.0% from 3 in April of 2016
April
Property
and 100.0% higher than the 3 sales last month. April 2017 sales
were at their highest level compared to April of 2016 and 2015.
April YTD sales of 9 are running 80.0% ahead of last year's year-
to-date sales of 5.
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
10
40.0
70.0
30.0
60.0
20.0
50.0
10.0
40.0
0.0
30.0
20.0
10.0
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
15 My Florida Regional MLS, Naples Area Board of 16
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, 14
Miami Association of REALTORS,
REALTORS, REALTORS Association of the Palm 17
Beaches, Space Coast Association of REAL
M J J and A Up S | Property
O N Types:
D J SFH
F M
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
- Con A
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.
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury SM | 119
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 Association of REA
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.