FL ARCHIVED August 2017 | Page 209

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

City : Pace

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
$ 236,835
-5%
7 %
Average List Price of all Current Listings
$ 259,721
-4%
4 %
August Median Sales Price
$ 212,000
-2%
0 %
15 %
13 %
$ 206,000
11 %
10 %
August Average Sales Price
$ 221,362
-0%
1 %
16 %
11 %
$ 215,564
9 %
8 %
Total Properties Currently for Sale ( Inventory )
284
-3%
-5%
August Number of Properties Sold
95 -10%
8 %
659
12 %
August Average Days on Market ( Solds )
91
0 %
-3% -22% -16%
95
-18%
-12%
Asking Price per Square Foot ( based on New Listings )
$ 108
3 %
1 %
7 %
9 %
$ 105
8 %
6 %
August Sold Price per Square Foot
$ 101
-2%
0 %
10 %
9 %
$ 99
6 %
6 %
August Month ' s Supply of Inventory
3.0
7 %
3 %
-12% -40%
4.3
-21%
-14%
August Sale Price vs List Price Ratio
98.6 %
-. 5 % -. 0 %
. 7 %
1.3 %
98.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
August Property sales were 95 , up 8.0 % from 88 in August of
2016 and 9.5 % lower than the 105 sales last month . August
120
Property
2017 sales Sales were at their highest level compared to August of
140
August
2016 and Property 2015 . sales August were YTD 95 , up sales 8.0 of % 659 from are 88 running August 12.5 of %
100
2016 ahead and of 9.5 last % year lower ' s than year-to-date the 105 sales last of 586 month . . August
2017 sales were at their highest level compared to August of
120
80
2016 and 2015 . August YTD sales of 659 are running 12.5 %
100
ahead of last year ' s year-to-date sales of 586 .
60
80
40
60
40
20
Number of Properties Sold
20
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
0
14
15
16
17
Prices
The Median Sales Price in August was $ 212,000 , up 14.9 % from
Prices
$ 184,450 in August of 2016 and down 2.4 % from $ 217,175 last
The month Median . The Sales Average Price Sales in August Price was in August $ 212,000 was , up $ 14.9 221,362 % from , up
250
$
16.0 184,450 % from in August $ 190,893 of 2016 in August and down of 2016 2.4 % and from down $ 217,175 0.4 % last from month . The Average Sales Price in August $ 221,362 , up
240
$ 222,190 last month . August 2017 ASP was at the highest level
16.0 % from $ 190,893 in August of 2016 and down 0.4 % from
230 compared to August of 2016 and 2015 .
$ 222,190 last month . August 2017 ASP was at the highest level
220 compared to August of 2016 and 2015 .
210
200
190
180
170
160
150
S
O N D
J
F M A M
Median J
J A S OSales N D JPrice F M Aand M JAverage
J
A S O Sales N D
J Price
F M A M J
J
A
14
15
16
17
3 Mo Avg
250
Median Sales Price and Average Sales Price
240
3 Mo Avg
230
220
210
200
190
180
170
160
150
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
The was Total 284 , Inventory down 2.7 of % Properties from 292 last available month for and sale down as of 5.3 August % from was 300284 in , August down 2.7 of % last from year 292 . August last month 2017 and Inventory down 5.3 was % from at its
400
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
300 lowest in August level compared of last year with . August August 2017 of Inventory 2016 and was 2015 at . its
350 lowest level compared with August of 2016 and 2015 .
300
250
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial August for 2017 sellers MSI while of 3.0 a higher MSI is better for buyers . The August 2017 MSI of 3.0
100 months was at its lowest level compared with August of 2016 months was at its lowest level compared with August of 2016
50 and 2015 . and 2015 .
0
300
12.0
250
10.0
200
8.0
150
6.0
100
4.0
50
2.0
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
10.0
8.0
6.0
4.0
2.0
0.0
64 56 49 64 34 54 53 64 59 77 87 55 61 55 31 51 28 38 75 84 91 115 67 88 80 62 70 83 40 56 85 86 87 105 105 95
357 332

Pace

64 357 316
56 332 307
Agent Name
49
Title Phone Website Other

Community Information | School District

64 34 54 53 64
333 316
320 307
335 333
333 320
367 335 357
333 355
59
367 357
77
351 354
87
Number of Properties Sold
55 61 55 31 51 28 38 75 84 91
3 Mo Avg
355 337
351 315
354 324
337 341
320
315
329 324
318 341
326 320
328 329
311 318
300 326
316 328
306 311
298 300
311 316 327
306 339 298 329
311 327
327 321
339 311
329 292
327 284
321
115 67 88 80 62 70 83 40 56 85 86
311 87 292
3 Mo Avg
105
284 105 95
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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