FL ARCHIVED April 2018 | Page 20

Market Action Report April 2018
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report April 2018

Phone Community Information | School District

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
$ 260,000
-2%
16 %
Average List Price of all Current Listings
$ 329,874
3 %
25 %
April Median Sales Price
$ 215,000
3 %
3 %
8 %
4 %
$ 209,000
5 %
1 %
April Average Sales Price
$ 234,754
1 %
3 %
6 %
2 %
$ 227,663
2 %
-1%
Total Properties Currently for Sale ( Inventory )
184
-6%
-16%
April Number of Properties Sold
97
11 %
-6%
324
-15%
April Average Days on Market ( Solds )
36 -31% -25%
3 %
-16%
48
9 %
12 %
Asking Price per Square Foot ( based on New Listings )
$ 135
1 %
6 %
16 %
15 %
$ 127
10 %
9 %
April Sold Price per Square Foot
$ 125
-1%
1 %
12 %
6 %
$ 123
8 %
4 %
April Month ' s Supply of Inventory
1.9 -15% -19% -11% -16%
2.4
3 %
7 %
April Sale Price vs List Price Ratio
96.7 %
. 4 %
. 2 %
. 3 %
-. 2 %
96.5 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
160
April Property sales were 97 , down 5.8 % from 103 in April of
2017 and 11.5 % higher than the 87 sales last month . April 2018
140
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to April of 2017 and
160
April
2016 Property . April YTD sales sales were of 97324 , down are 5.8 running % from 15.4 103 % in behind April of last
2017 and 11.5 % higher than the 87 sales last month . April 2018
140 year ' s year-to-date sales of 383 .
120
100
sales were at their lowest level compared to April of 2017 and
2016 . April YTD sales of 324 are running 15.4 % behind last
120
80
year ' s year-to-date sales of 383 .
100
60
80
40
60
20
40
0
20
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
15
16
17
18
Prices
The Median Sales Price in April was $ 215,000 , up 7.5 % from
Prices
$ 199,999 in April of 2017 and up 3.4 % from $ 208,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 215,000 April was , up $ 7.5 234,754 % from , up 5.9 %
250
$ from 199,999 $ 221,628 in April in of April 2017 of and 2017 up 3.4 and % up from 1.2 $ % 208,000 from $ 231,995 last last . The Average Sales Price in April was $ 234,754 , up 5.9 %
240 month . April 2018 ASP was at the highest level compared to from $ 221,628 in April of 2017 and up 1.2 % from $ 231,995 last
230
April of 2017 and 2016 . month . April 2018 ASP was at the highest level compared to
220
April of 2017 and 2016 .
210
200
190
180
170
M
J
15
250
240
230
220
210
200
190
180
170
160
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
Median Sales Price and Average Sales Price
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
160
150
150
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
80 110 126 99 90 91 82 101 65 89 105 99 113 100 98 110 98 87 110 93 75 94 111 103 115 139 120 105 86 91 104 95 69 71 87 97
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
15
16
17
18
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 184 , Inventory down 5.6 of % Properties from 195 last available month for and sale down as of 16.4 April % from
350
4.5 was 220184 in , April down of 5.6 last % from year 195 . April last 2018 month Inventory and down was 16.4 at % its from lowest
350
300
4.5
4.0
220 level in compared April of last with year April . of 2018 2017 Inventory and 2016 was . at its lowest
300
4.0
3.5
250 level compared with April of 2017 and 2016 .
3.5
3.0
250
200
3.0
2.5
200
2.5
150
2.0
150
2.0
A comparatively lower MSI is more beneficial for sellers while a
1.5
A comparatively lower MSI is more beneficial for sellers while a
100
1.5 higher MSI is better for buyers . The April 2018 MSI of 1.9
100
1.0 higher MSI is better for buyers . The April 2018 MSI of 1.9
1.0 months was at its lowest level compared with April of 2017 and
50 months was at its lowest level compared with April of 2017 and
50
0.5
0.5
2016 .
0
0.0
2016 .
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
LTORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR
M Association
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
15 , Navarre Area Board of REALTORS
16
16 , Emerald Coast Association of REALTORS
17
17 , Pensacola Association of REALTORS and may not
18
18reflect all relevant real esta
295 284
80
15
295 302
110 284 275
126 302 272
Title Website Other
99 90 91 82 101 65
16
89 105 99 113 100 98 110 98
279 275
270 272 274 279
252 270
236 274
238 252
226
236 234
238
227 226 242 241
234
245 227
240 242
233 241
221 245
222 240 87 110 93 75
17
94 111 103 115 139 120 105 86 91 104
217 233
217 221
220 222
234 217
217 249 246
220 264 234
245 249
219 246
217 264
202 245
181 207
219
195 217
184 202 181 95 69
18
207 71
195 87
184 97
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