FL ARCHIVED February 2017 | Page 185

Market Action Report February 2017
Community Information | School District
Market Action Report February 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
$ 348,000
0 %
16 %
Average List Price of all Current Listings
$ 467,676
1 %
13 %
February Median Sales Price
$ 255,713
7 %
-7%
-5%
0 %
$ 254,750
4 %
0 %
February Average Sales Price
$ 314,239
19 %
-1% -13%
-1%
$ 292,757
-7%
-8%
Total Properties Currently for Sale ( Inventory )
302
-5%
-24%
February Number of Properties Sold
42
31 %
11 %
74
32 %
February Average Days on Market ( Solds )
136
-4% -10% -20%
-1%
138
-18%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 228
-9%
-6%
10 %
-3%
$ 239
22 %
2 %
February Sold Price per Square Foot
$ 218
5 %
0 %
1 %
3 %
$ 214
4 %
1 %
February Month ' s Supply of Inventory
7.2 -28% -20% -32% -40%
8.6
-47%
-28%
February Sale Price vs List Price Ratio
94.3 %
. 4 %
. 3 %
1.7 %
. 1 %
94.1 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 42 , up 10.5 % from 38 in February
of 2016 and 31.3 % higher than the 32 sales last month . Property February 2017 Sales sales were at their highest level compared to 60
February Property of 2016 sales and 2015 were . 42 February , up 10.5 % YTD from sales 38 in of February 74 are of running 2016 and 32.1 31.3 %% ahead higher of than last the year 32 ' s year-to-date sales last month sales . of 56 . 50
February 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 74 are
40 running 32.1 % ahead of last year ' s year-to-date sales of 56 .

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
20 10
10
0
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in February was $ 255,713 , down 5.1 %
400
Prices from $ 269,500 in February of 2016 and up 7.0 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 239,081 Median last Sales month Price . in The February Average was Sales $ 255,713 Price , in down February 5.1 % was
380
400 from
$ 314,239 $ 269,500 , down in February 12.7 % from of 2016 $ 359,895 and up in 7.0 February % from of 2016 and
360
$ 239,081 last month . The Average Sales Price in February was
380 up 18.8 % from $ 264,562 last month . February 2017 ASP was at
340
$ 314,239 , down 12.7 % from $ 359,895 in February of 2016 and
360 the lowest level compared to February of 2016 and 2015 .
320 up 18.8 % from $ 264,562 last month . February 2017 ASP was at
340
300 the lowest level compared to February of 2016 and 2015 .
320
280
300
260
280
240
260
220
240
220
200
200
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
14 M J
J
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F
17
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
The
February Total Inventory was 302 , of down Properties 5.3 % from available 319 for last sale month as of and down
February
24.3 % from was 302 399 , in down February 5.3 % from of last 319 year last . month February and 2017 down
450
24.3
Inventory % from was 399 in at February a mid level of compared last year . February with February 2017 of 2016
400
Inventory and 2015 was . at a mid level compared with February of 2016
350 and 2015 .
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The February 2017 MSI of 7.2 higher MSI is better for buyers . The February 2017 MSI of 7.2
100 months was at its lowest level compared with February of 2016 months was at its lowest level compared with February of 2016
50 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
25.0
350
300
20.0
250
15.0
200
150
10.0
100
50
5.0
0
0.0
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
A J
F M A M J
F M A M J
F
14
15
16
17
25.0
20.0
15.0
10.0
5.0
0.0
20 24 32 26 24 32 29 23 30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 38 34 33 42 36 30 56 37 38 25 35 32 42
265
M
14
20 24
283
294 265
285 283 32 26 24 32 29 23 30
284 294
302 285
308 284
328 302
325 308 287 328
318 325
J A S O N D J 15
31 287
301
307 14 28 45 36
318 343 301
376 307 373 343 386
39 36 37 29 45
391
376
397 373
374 386
361 391
363 397
392 374
399 361
399 363
406 392
420 399
409 399 410 406
387 420
381 409
387 410
362 387
344 381
319 387
302 362
J A S O N D J
16
53 42 42 18 38 34 33 42 36 30 56
J A S O N D J
17
37 38
344 25
319 35
302 32 42
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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