FL ARCHIVED January 2018 | Page 201

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

City : Niceville

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
$ 367,000
1 %
19 %
Average List Price of all Current Listings
$ 405,014
-1%
18 %
January Median Sales Price
$ 309,999
-8%
11 %
11 %
7 %
$ 309,999
11 %
7 %
January Average Sales Price
$ 311,395
-16% -2%
-0%
-3%
$ 311,395
0 %
-3%
Total Properties Currently for Sale ( Inventory )
128
0 %
-35%
January Number of Properties Sold
37 -10%
9 %
37
9 %
January Average Days on Market ( Solds )
71
42 %
13 %
22 %
16 %
71
22 %
16 %
Asking Price per Square Foot ( based on New Listings )
$ 165
1 %
2 %
6 %
4 %
$ 165
6 %
4 %
January Sold Price per Square Foot
$ 153
2 %
4 %
2 %
2 %
$ 153
2 %
2 %
January Month ' s Supply of Inventory
3.5
11 %
14 % -40%
22 %
3.5
-40%
22 %
January Sale Price vs List Price Ratio
98.3 %
2.1 % 2.0 % 2.0 % 1.3 %
98.3 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
120
January Property sales were 37 , up 8.8 % from 34 in January of
2017 and 9.8 % lower than the 41 sales last month . January 2018
Property sales were Sales at their highest level compared to January of 2017
120
100
January and 2016 Property . January sales YTD were sales 37 , up of 8.8 37 are % from running 34 in 8.8 January % ahead of of
2017 last and year 9.8 ' s year-to-date % lower than sales the 41 of sales 34 . last month . January 2018
100 sales were at their highest level compared to January of 2017
80
and 2016 . January YTD sales of 37 are running 8.8 % ahead of last year ' s year-to-date sales of 34 .
80
60
60
40
40

Niceville

Agent Name
20
Number of Properties Sold
20
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
Prices
The Median Sales Price in January was $ 309,999 , up 10.8 %
Prices from $ 279,800 in January of 2017 and down 7.7 % from
The
$ 336,000 Median last Sales month Price . in The January Average was Sales $ 309,999 Price , up in 10.8 January % was
400 from
$ 311,395 $ 279,800 , down in 0.3 January % from of 2017 $ 312,241 and down in January 7.7 % from of 2017 and
$ 336,000 last month . The Average Sales Price in January was
380 down 16.3 % from $ 372,174 last month . January 2018 ASP was
$ 311,395 , down 0.3 % from $ 312,241 in January of 2017 and
360 at a mid range compared to January of 2017 and 2016 . down 16.3 % from $ 372,174 last month . January 2018 ASP was
340 at a mid range compared to January of 2017 and 2016 .
320
300
280
260
240
220
200
F
M A M J
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
18
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
200
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
The
January Total Inventory was 128 , equal of Properties to 128 last available month for and sale down as of 35.0 % from
January
197 in January was 128 , of equal last to year 128 . January last month 2018 and Inventory down 35.0 was % from at its
300
197 lowest in January level compared of last year with . January 2018 of Inventory 2017 and 2016 was at . its
250 lowest level compared with January of 2017 and 2016 .
200
300
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
150
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The January 2018 MSI of 3.5 higher months MSI was is better at its lowest for buyers level . The compared January with 2018 January MSI of 3.5 of 2017
50 months and 2016 was
. at its lowest level compared with January of 2017 and 2016 .
0
100
50
0
F
M A M J
M A J
15
J A S O N D J
F M A M J
F M A M J
16
J A S O N D J
F M A M J
F M A M J
17
4.0
2.0
0.0
J A S O N D J
18
4.0
2.0
0.0
36 72 77 77 97 104 73 57 43 26 54 26 48 68 61 76 106 67 71 71 65 55 50 34 44 71 66 82 110 89 77 56 66 57 41 37
254
F
15
36 72
266
280 254
273 266 77 269
Title Phone Website Other

Community Information | School District

280 77 273 249
97 269
248 236
104 249
228 73
248
231 57
236
219 43
228 231
222 227
J A S O N D J
16
26 54
Number of Properties Sold
26 48 68
219
233 222 256 227
241 233 253
256 61
246 241 211
76 253 202
106
246 67 71 71
196
188
211
170
202
197
196
192
188
170
201
194
197
183
192
183
201
169
194
161
183
J A S O N D J
17
65 55 50 34 44 71 66 82
183 169
110 161
89
142 139 144 128 128
3 Mo Avg
142 77
139
J A S O N D J 18
56 144
66 128
3 Mo Avg
57
128 41 37
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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