FL ARCHIVED August 2017 | Page 181

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

County : Bay

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
$ 352,400
1 %
8 %
Average List Price of all Current Listings
$ 541,680
-2%
12 %
August Median Sales Price
$ 324,500
10 %
15 %
20 %
25 %
$ 269,000
5 %
3 %
August Average Sales Price
$ 417,890
21 %
13 %
33 %
30 %
$ 337,707
6 %
5 %
Total Properties Currently for Sale ( Inventory )
244
-5%
-37%
August Number of Properties Sold
44
-6%
-21%
383
33 %
August Average Days on Market ( Solds )
105 -45% -28% 24 %
-23%
146
9 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 244
0 %
-3%
-2%
5 %
$ 250
8 %
7 %
August Sold Price per Square Foot
$ 236
3 %
3 %
4 %
11 %
$ 226
5 %
6 %
August Month ' s Supply of Inventory
5.5
1 %
0 %
-20% -54%
6.2
-49%
-48%
August Sale Price vs List Price Ratio
95.9 %
2.7 % 1.2 % 2.5 % 1.7 %
94.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales August Property sales were 44 , down 21.4 % from 56 in August
of 2016 and 6.4 % lower than the 47 sales last month . August Property 2017 sales Sales were at a mid level compared to August of 2016 and 60
August 2015 . Property August YTD sales sales were of 44383 , down are 21.4 running % from 32.5 56 % in ahead August of last of year 2016 ' s year-to-date and 6.4 % lower sales than of the 28947 . sales last month . August
50
2017 sales were at a mid level compared to August of 2016 and 2015 . August YTD sales of 383 are running 32.5 % ahead of last
40 year ' s year-to-date sales of 289 .

Bay County

Agent Name
Title Phone Website Other

Community Information | School District

30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in August was $ 324,500 , up 20.2 % from
Prices $ 270,000 in August of 2016 and up 10.4 % from $ 294,000 last The month Median . The Sales Average Price Sales in August Price was in August $ 324,500 was , up $ 417,890 20.2 % from , up
450
$ 32.6 270,000 % from in August $ 315,147 of 2016 in August and up of 10.4 2016 % and from up $ 294,000 20.6 % from last month $ 346,643 . The last Average month Sales . August Price in 2017 August ASP was $ at 417,890 the highest , up level 32.6 % from $ 315,147 in August of 2016 and up 20.6 % from 400 compared to August of 2016 and 2015 . $ 346,643 last month . August 2017 ASP was at the highest level
compared to August of 2016 and 2015 .
350
20
10
0
10
29 24 30 31 14 28 45 36 39 36 37 29 45 53 42 42
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 14 15
16
17
S O N D J F M A M JMedian J A S OSales N D JPrice F M Aand M J Average J A S O Sales N D J Price F M A M J J A 14 15
16 17
3 Mo Avg
450 Median Sales Price and Average Sales Price
29 24 30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 37 34 30 47 36 31 56 37 38 25 35 33 45 55 53 57 49 47 44
400
350
300
18 37 34 30 47 36 31 56 37 38 25 35 33 45 55 53
3 Mo Avg
57 49 47 44
300 250
250 200
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
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 244 , Inventory down 5.4 of % Properties from 258 last available month for and sale down as of 37.3 August % from 450
25.0 was 389244 in , August down 5.4 of % last from year 258 . August last month 2017 and Inventory down 37.3 was % from at its 450 400 25.0
389 lowest in August level compared of last year with . August August 2017 of Inventory 2016 and was 2015 at . its 400 350
20.0
20.0 lowest level compared with August of 2016 and 2015 .
350 300 300
15.0 250
15.0
250 200 10.0
A comparatively lower MSI is more beneficial for sellers while
200 a 150
10.0
A comparatively lower MSI is more beneficial for sellers while a 150 higher MSI is better for buyers . The August 2017 MSI of 5.5 100
5.0 higher MSI is better for buyers . The August 2017 MSI of 5.5 100 months was at its lowest level compared with August of 2016 50
5.0 months was at its lowest level compared with August of 2016 50 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 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
307 327
324 307 327 286
374
317 324
300 286
306 317
341 300
306 374 371
341 384
371
389 396
384 373
389 359
396 362
373 389 397
359
399 362
408 389
421 397
409 399
410 408
389 421
384 409
394 410
371 389
357 384 339 394
336 371 357
291 339
279 336
285 272
291
258 279
244
285 272 258 244
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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