FL ARCHIVED January 2018 | Page 147

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

City : Palm Coast

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
$ 274,692
-0%
0 %
Average List Price of all Current Listings
$ 388,562
2 %
-9%
January Median Sales Price
$ 209,500
-7%
-3%
11 %
0 %
$ 209,500
11 %
0 %
January Average Sales Price
$ 253,657
-12% -3%
14 %
-1%
$ 253,657
14 %
-1%
Total Properties Currently for Sale ( Inventory )
956
3 %
-8%
January Number of Properties Sold
135 -31%
3 %
135
3 %
January Average Days on Market ( Solds )
76
4 %
4 %
10 %
-1%
76
10 %
-1%
Asking Price per Square Foot ( based on New Listings )
$ 155
0 %
4 %
8 %
8 %
$ 155
8 %
8 %
January Sold Price per Square Foot
$ 127
-0%
-1%
7 %
0 %
$ 127
7 %
0 %
January Month ' s Supply of Inventory
7.1
50 %
17 % -11%
30 %
7.1
-11%
30 %
January Sale Price vs List Price Ratio
97.0 %
. 1 %
. 2 %
. 0 %
. 4 %
97.0 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
300
January Property sales were 135 , up 3.1 % from 131 in January of
2017 and 31.1 % lower than the 196 sales last month . January
Property
2018 sales Sales were at their highest level compared to January of
300
250
January
2017 and Property 2016 . sales January were YTD 135 , sales up 3.1 of % 135 from are 131 running January 3.1 % of
2017 ahead and of 31.1 last % year lower ' s year-to-date than the 196 sales last of 131 month . . January
2018 sales were at their highest level compared to January of
250
200
2017 and 2016 . January YTD sales of 135 are running 3.1 % ahead of last year ' s year-to-date sales of 131 .
200
150
150
100

Palm Agent Coast

Name
Title Phone Website Other

Community Information | School District

100 50
Number of Properties Sold
50 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 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in January was $ 209,500 , up 10.6 %
350
Prices from $ 189,430 in January of 2017 and down 6.9 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 225,000 Median last Sales month Price . in The January Average was Sales $ 209,500 Price , up in 10.6 January % was
330
350 from $ 253,657 $ 189,430 , up in 14.0 January % from of $ 2017 222,506 and in down January 6.9 % from of 2017 and 310 $ 225,000 last month . The Average Sales Price in January was
330
down 12.2 % from $ 288,889 last month . January 2018 ASP was 290 $ 253,657 , up 14.0 % from $ 222,506 in January of 2017 and 310 at the highest level compared to January of 2017 and 2016 . 270 down 12.2 % from $ 288,889 last month . January 2018 ASP was 290
250 at the highest level compared to January of 2017 and 2016 . 270
230 250
210 230
190 210
170
190 170
150
150 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
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 M
17 A M J J A S O N D J
18
15 16
17 18
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 956 , up of Properties 3.0 % from available 928 last for month sale as and of down 7.8 % 1,400
10.0
January from 1,037 was 956 in January , up 3.0 % of from last year 928 . last January month 2018 and down Inventory 7.8 % was 1,4001,200 10.0
8.0 from at its 1,037 lowest in January level compared of last year with . January 2018 of 2017 Inventory and 2016 was . 1,200 1,000
8.0 at its lowest level compared with January of 2017 and 2016 .
1,000 800
6.0
800 6.0
600 4.0
A comparatively lower MSI is more beneficial for sellers while a 600 400
4.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 7.1 400
2.0 higher months MSI was is better at its lowest for buyers level . The compared January with 2018 January MSI of 7.1 of 2017
200 2.0 months was at its lowest level compared with January of 2017 200 and 2016 . 0
0.0 and 2016 .
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
M A J F M A M J
F M A M J 15
16 17
18
148 219 225 221 230 238 215 202 200 154 190 120 175 204 184 234 249 222 226 195 186 160 196 131 135 245 227 252 246 227 203 180 175 158 196 135
1,241 1,200 1,196 1,181 1,187 1,161 1,134 1,127 1,098 1,078 1,032 1,103
F
15
148 219 225 221 230 238 215 202 200 154
J A S O N D J 16
190
Number of Properties Sold
120 175 204 184 234
1,241 1,200 1,196 1,181 1,187 1,161 1,134 1,127 1,098 1,078 1,032 1,103 1,146 1,176 1,129 1,110 1,074 1,050 1,092 1,062 981 999 968 1,037 1,049 1,028 1,032 1,045 1,071 1,038 1,056 1,031
249 222 226 195
1,146 1,176 1,129 1,110 1,074 1,050 1,092 1,062 981 999 968 1,037
J A S O N D J
17
186 160 196 131 135 245 227 252 246 227
1,049 1,028 1,032 1,045 1,071 1,038 1,056 1,031 1,019 993 928 956
3 Mo Avg
203
J A S O N D J
18
180 175 158
1,019 993 928 956
3 Mo Avg
196
135
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 Asso 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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