FL ARCHIVED February 2017 | Page 213

Market Action Report February 2017
Community Information | School District
Market Action Report February 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
$ 225,402
-4%
17 %
Average List Price of all Current Listings
$ 255,892
-2%
20 %
February Median Sales Price
$ 202,200
4 %
4 %
21 %
8 %
$ 197,950
18 %
5 %
February Average Sales Price
$ 213,406
7 %
4 %
14 %
7 %
$ 207,547
7 %
4 %
Total Properties Currently for Sale ( Inventory )
293
-1%
-9%
February Number of Properties Sold
52
30 %
37 %
92
39 %
February Average Days on Market ( Solds )
131 102 % 35 % -10%
21 %
102
-36%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 98
-10% -4%
4 %
-1%
$ 104
12 %
5 %
February Sold Price per Square Foot
$ 97
3 %
1 %
3 %
5 %
$ 96
3 %
3 %
February Month ' s Supply of Inventory
5.6 -24%
2 %
-34%
13 %
6.5
-37%
31 %
February Sale Price vs List Price Ratio
98.4 %
. 4 %
. 9 %
. 4 %
1.1 %
98.2 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales 140
February Property sales were 52 , up 36.8 % from 38 in February Number of Properties Sold
3 Mo Avg of 2016 and 30.0 % higher than the 40 sales last month .
120 Property February 2017 Sales sales were at a mid level compared to February 140 of February 2016 and Property 2015 . February sales were YTD 52 , up sales 36.8 of % 92 from are 38 running February 39.4 % 100 of ahead 2016 and of last 30.0 year % higher ' s year-to-date than the sales 40 sales of 66 last . month .
120 February 2017 sales were at a mid level compared to February of 80 2016 and 2015 . February YTD sales of 92 are running 39.4 % 100 ahead of last year ' s year-to-date sales of 66 .
60 80
40 60
20 40
0
20 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 $ 202,200 , up 21.3 %
Prices from $ 166,750 in February of 2016 and up 3.9 % from $ 194,524 240 Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month Sales . The Price Average in February Sales Price was in $ 202,200 February , up was 21.3 $ % 213,406 , from up 13.5 $ 166,750 % from in $ February 188,000 of in 2016 February and up of 3.9 2016 % from and up $ 194,524 6.7 % from 220
240 last $ 199,930 month . last The month Average . February Sales Price 2017 in February ASP was was at the $ 213,406 highest , up 13.5 % from $ 188,000 in February of 2016 and up 6.7 % from 220
200 level compared to February of 2016 and 2015 . $ 199,930 last month . February 2017 ASP was at the highest 200 180
level compared to February of 2016 and 2015 .
180 160
160 140
140 120
120 100 100
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 293 , of down Properties 1.3 % from available 297 for last sale month as of and down 450
14.0
February 9.0 % from was 322 293 in , down February 1.3 % from of last 297 year last . February month and 2017 down 450 400
14.0 12.0
9.0 Inventory % from 322 was in at February its lowest of level last year compared . February with 2017 February of 400 350 12.0
Inventory 2016 and was 2015 at . its lowest level compared with February of 350
10.0 300
10.0 2016 and 2015 .
300 250 8.0
250 200 8.0
6.0
A comparatively lower MSI is more beneficial for sellers while
200 a 150
6.0
A comparatively lower MSI is more beneficial for sellers while a 150
4.0 higher MSI is better for buyers . The February 2017 MSI of 5.6 100
4.0 higher MSI is better for buyers . The February 2017 MSI of 5.6 100 months was at its lowest level compared with February of 2016 50
2.0 months was at its lowest level compared with February of 2016 50 2.0 and 2015 . 0
0.0 and 2015 .
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
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 S O N D J F 14
15 16
17 14
15 16
17
41 37 59 65 48 53 64 56 49 64 34 54 53 64 59 77 87 55 61 55 31 51 28 38 75 85 90 115 67 88 80 62 70 83 40 52
375

Pace

41
414
411 375 37 414 404
Agent Name
59
Title Phone Website Other

Community Information | School District

65 48 53 64 56 49
380
411
353
404
357
380
332
353
316
357
307
332
334
316
307 64
321
336 34 54 53 64
334
334 321 368 336 358 334 356
59 77 87 55 61 55 31 51 28
353
368
356 358
338 356
316 353
325 356
342 338
322 316
330 325
320 342
328 322
330 330 313 320
299 328
313 330
293 313
283 299
290 313
297 293
293 283
38 75 85 90 115 67 88 80 62
290 70 297
83
293 40 52
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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