FL ARCHIVED January 2017 | Page 191

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

County : Escambia

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
$ 209,950
5 %
22 %
Average List Price of all Current Listings
$ 308,593
1 %
20 %
January Median Sales Price
$ 151,800
-0%
-1%
7 %
-1%
$ 151,800
7 %
-1%
January Average Sales Price
$ 201,586
4 %
4 %
14 %
6 %
$ 201,586
14 %
6 %
Total Properties Currently for Sale ( Inventory )
1,492 -10%
-24%
January Number of Properties Sold
302 -26%
1 %
302
1 %
January Average Days on Market ( Solds )
95
9 %
7 %
-10%
4 %
95
-10%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 128
17 %
7 %
11 %
9 %
$ 128
11 %
9 %
January Sold Price per Square Foot
$ 114
9 %
6 %
12 %
10 %
$ 114
12 %
10 %
January Month ' s Supply of Inventory
4.9
21 %
8 %
-25%
9 %
4.9
-25%
9 %
January Sale Price vs List Price Ratio
93.7 %
-. 8 % -. 2 %
. 8 %
-. 4 %
93.7 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
600
January Property sales were 302 , up 1.3 % from 298 in January
of 2016 and 26.0 % lower than the 408 sales last month .
Property
January 2017 Sales sales were at their highest level compared to
600
500
January Property of 2016 sales and 2015 were . 302 January , up 1.3 YTD % from sales 298 of in 302 January are of running 2016 and 1.326.0 % ahead % lower of than last year the 408 ' s year-to-date sales last month sales . of 298 .
January 2017 sales were at their highest level compared to
500
400
January of 2016 and 2015 . January YTD sales of 302 are running 1.3 % ahead of last year ' s year-to-date sales of 298 .
400
300
300
200

Escambia Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
Number of Properties Sold
100
0
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
0
14
15
16
17
Prices
The Median Sales Price in January was $ 151,800 , up 6.8 % from
F
M A M J
14
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
3 Mo Avg
Prices
$ 142,120 in January of 2016 and down 0.4 % from $ 152,373 last
The month Median . The Sales Average Price Sales in January Price was in January $ 151,800 was , up $ 6.8 201,586 % from , up
$
13.6 142,120 % from in January $ 177,504 of 2016 in January and down of 2016 0.4 % and from up $ 4.0 152,373 % from last
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 193,814 . The last Average month Sales . January Price in 2017 January ASP was $ at 201,586 the highest , up level
13.6 % from $ 177,504 in January of 2016 and up 4.0 % from
220 compared to January of 2016 and 2015 .
$ 193,814 last month . January 2017 ASP was at the highest level
200
200
180
compared to January of 2016 and 2015 .
180
160
160 140
140 120
292 336 385 394 409 396 432 384 371 294
Number of Properties Sold
292 336 385 394 409 396 432 384 371 294 369 291 298 419 438 462 474 476 476 411 406 335 399 298 322 428 460 480 526 443 407 451 434 377 408 302
120 100 100
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
14 A 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
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 January Total Inventory was 1,492 of , down Properties 10.2 % available from 1,661 for sale last as month of and down 3,000
9.0
January 24.2 % from was 1,492 1,968 , down in January 10.2 % from of last 1,661 year last . January month and 2017 down 3,000
9.0 8.0 2,500
24.2 Inventory % from was 1,968 at in its January lowest of level last compared year . January with 2017 January of 2016
8.0 7.0
2,500 Inventory and 2015 was . at its lowest level compared with January of 2016 2,000
7.0 6.0 and 2015 . 2,000
6.0 5.0 1,500
5.0 1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
4.0 3.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 3.0 higher MSI is better for buyers . The January 2017 MSI of 4.9 2.0 higher MSI is better for buyers . The January 2017 MSI of 4.9 500 2.0 months was at its lowest level compared with January of 2016 500 1.0 months was at its lowest level compared with January of 2016 1.0 and 2015 . 0
0.0 and 2015 .
0
0.0 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 S O N D J 14
15 16
17 14
15 16
17
2,394 2,399 2,453 2,502 2,511 2,519 2,522 2,414 2,461
2,394 2,399 2,453 2,502 2,511 2,519 2,522 2,414 2,461 2,389 2,308 2,353 2,422 2,416 2,380 2,374 2,408 2,344 2,283 2,201 2,131 2,105 2,006 1,968
369 291 298 419 438 462 474 476 476 411 406
2,389 2,308 2,353 2,422 2,416 2,380 2,374 2,408 2,344 2,283 2,201 2,131 2,105 335 399
2,006
1,968 298 322 428 460 480 526 443
3 Mo Avg
407
1,902 1,966 1,948 1,909 1,886 1,908 1,865 1,823 1,753 1,769 1,661
1,492 451 434
1,902 1,966 1,948 1,909 1,886 1,908 1,865 1,823 1,753 1,769
3 Mo Avg
377 408
1,661 1,492
302
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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