FL ARCHIVED August 2017 | Page 135

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

County : Brevard

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
$ 299,450
2 %
20 %
Average List Price of all Current Listings
$ 404,972
2 %
19 %
August Median Sales Price
$ 212,000
1 %
1 %
10 %
18 %
$ 200,000
12 %
11 %
August Average Sales Price
$ 251,300
1 %
1 %
7 %
13 %
$ 242,753
11 %
10 %
Total Properties Currently for Sale ( Inventory )
2,916
-2%
-0%
August Number of Properties Sold
1,159
8 %
3 %
8,473
-0%
August Average Days on Market ( Solds )
46
10 %
2 %
-10% -15%
49
-11%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 151
2 %
2 %
13 %
11 %
$ 147
10 %
8 %
August Sold Price per Square Foot
$ 138
2 %
2 %
10 %
15 %
$ 133
13 %
11 %
August Month ' s Supply of Inventory
2.5
-9%
-1%
-3%
-18%
2.8
-8%
-7%
August Sale Price vs List Price Ratio
95.4 %
. 1 %
-. 2 %
. 0 %
. 7 %
95.3 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
August Property sales were 1,159 , up 2.9 % from 1,126 in August
of 2016 and 8.1 % higher than the 1,072 sales last month . August
1,200
Property
2017 sales Sales were at their highest level compared to August of
1,400
August
2016 and Property 2015 . sales August were YTD 1,159 sales , up 2.9 of 8,473 % from are 1,126 running August 0.1 %
1,000
of behind 2016 and last 8.1 year % higher ' s year-to-date than the 1,072 sales of sales 8,484 last . month . August
2017 sales were at their highest level compared to August of
1,200
800
2016 and 2015 . August YTD sales of 8,473 are running 0.1 %
1,000
behind last year ' s year-to-date sales of 8,484 .
600
800
400
600
400
200

Brevard Agent County

Name
Title Phone Website Other

Community Information | School District

963 1,020 791 985 763
Number of Properties Sold
0
200 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
0 14 15 16
17 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in August was $ 212,000 , up 10.4 % from 300
Prices $ 192,000 in August of 2016 and up 1.0 % from $ 210,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in August Price was in August $ 212,000 was , up $ 10.4 251,300 % from , up
280
300 $ 6.7 192,000 % from in $ August 235,626 of 2016 in August and up of 1.0 2016 % from and up $ 210,000 0.6 % from last 260 month . The Average Sales Price in August $ 251,300 , up
280
$ 249,679 last month . August 2017 ASP was at the highest level 240 6.7 % from $ 235,626 in August of 2016 and up 0.6 % from 260 compared to August of 2016 and 2015 .
220
$ 249,679 last month . August 2017 ASP was at the highest level 240 200 compared to August of 2016 and 2015 . 220
180 200
160 180
140 160
120
140 120
100
100 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
14 N D J F
15 M 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 M J J A
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 August Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 2,916 Inventory , down 2.0 of % Properties from 2,977 available last month for sale and as down of August 0.2 % 4,000
6.0 was from 2,916 2,922 , down in August 2.0 % from of last 2,977 year last . August month and 2017 down Inventory 0.2 % was 4,000 at 3,500 6.0
5.0 from its lowest 2,922 level in August compared of last with year . August of 2017 2016 Inventory and 2015 was . at 3,5003,000
5.0 its lowest level compared with August of 2016 and 2015 . 3,0002,500
4.0
2,500 4.0
2,000 3.0
2,000 1,500
3.0
A comparatively lower MSI is more beneficial for sellers while 1,500 a 2.0
A comparatively lower MSI is more beneficial for sellers while a 2.0 higher MSI is better for buyers . The August 2017 MSI of 2.5 1,000 higher MSI is better for buyers . The August 2017 MSI of 2.5
1,000 months was at its lowest level compared with August of 2016 500
1.0
1.0 months was at its lowest level compared with August of 2016 500 and 2015 .
0 0.0 and 2015 . 0
0.0 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 M J J A 14 15
16 17
14 15 16
17
896 1,152 1,141 1,146 1,208 1,203
963 1,020 791 985 763 896 1,152 1,141 1,146 1,208 1,203 1,078 1,071 916 810 1,013 729 841 1,135 1,114 1,190 1,283 1,066 1,126 1,079 889 923 1,012 759 820 1,154 1,010 1,223 1,276 1,072 1,159
3,544 3,602 3,625 3,540 3,635 3,553 3,366 3,333 3,264
3,544 3,602 3,625 3,540 3,635 3,553 3,366 3,333 3,264 3,208 3,158 3,016 3,005 3,118
Number of Properties Sold
1,078 1,071 916 810 1,013 729 841 1,135 1,114 1,190
3 Mo Avg
3,167 3,169 3,353 3,307 3,213 3,132 3,054 3,179 3,061 2,922 2,868 2,880 2,979 2,935 2,942 2,895 2,875 2,903 2,906 2,938 2,977 2,916
1,283 1,066
3,208 3,158 3,016 3,005 3,118 3,167 3,169 3,353 3,307 3,213 3,132 3,054 3,179 3,061 2,922 1,126 1,079 889 923 1,012 759 820 1,154 1,010 1,223
2,868 2,880 2,979 2,935 2,942 2,895 2,875 2,903 2,906 2,938
3 Mo Avg
1,276 1,072
2,977 2,916
1,159
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 .
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