FL ARCHIVED July 2016 | Page 52

Community Information | School District
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
$ 1,695,000
-0%
-11%
Average List Price of all Current Listings
$ 2,383,507
-1%
-10%
July Median Sales Price
$ 1,522,500
-21% -40%
2 %
-2%
$ 2,137,500
52 %
38 %
July Average Sales Price
$ 2,199,300
-10% -13% 21 %
19 %
$ 2,457,775
32 %
33 %
Total Properties Currently for Sale ( Inventory )
113
-7%
26 %
July Number of Properties Sold
10
-44%
25 %
99
43 %
July Average Days on Market ( Solds )
219
111 % 84 % 146 %
39 %
122
-29%
-22%
Asking Price per Square Foot ( based on New Listings )
$ 662
-7%
-3%
-13%
3 %
$ 661
3 %
3 %
July Sold Price per Square Foot
$ 662
-9%
-12% 23 %
12 %
$ 714
24 %
21 %
July Month ' s Supply of Inventory
11.3
67 %
32 %
0 %
-30%
12.2
4 %
-24%
July Sale Price vs List Price Ratio
92.1 %
-. 2 % -1.3% -2.2% 2.7 %
92.5 %
7 %
3 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

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Community Information | School District

3 Mo Avg
35
Property Sales July Property sales were 10 , up 25.0 % from 8 in July of 2015 and 44.4 % lower than the 18 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July YTD sales of 99 are running 43.5 % ahead of last year ' s yearto-date sales of 69 .
Prices The Median Sales Price in July was $ 1,522,500 , up 1.7 % from $ 1,497,500 in July of 2015 and down 21.4 % from $ 1,937,500 last month . The Average Sales Price in July was $ 2,199,300 , up 21.1 % from $ 1,816,750 in July of 2015 and down 9.6 % from $ 2,432,444 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
30
35 25 30 20
25 15
Number of Properties Sold
20
10
15
5
10
0
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 M
J
J
5
13
14
15
16
0
Median Sales Price and Average Sales Price
3 Mo Avg
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 M
J
J
3,00013
14
15
16
2,500
Median Sales Price and Average Sales Price
3 Mo Avg
3,000 2,000
2,500 1,500
2,000 1,000
1,500
6 9 4 4 7 7
6 9 4 4 7 7
10
10 9 9
9
9 12 11 8 4 5 6 6 5 7 7 9
12 11 8 4 5 6 6 5 7 7 9 16 15 7 8 3 4 5 5 7 6 9 10
16 15 7 8 3 4 5 5 7 6 9
29
3 Mo Avg
17 18 10
10 29 17 18 10
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 M J
13
14
15
16
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 113 , down 7.4 % from 122 last month and up 25.6 % from 90 in July of last year . July 2016 Inventory was at its highest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 11.3 months was at a mid level compared with July of 2015 and 2014 .
1,000
160 140
120 160
100 140
80 120
60 100 40 20 80 0
60 40 20 0
85 85
Total Inventory & Month ' s Supply of Inventory ( MSI )
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 M J
J
14
15
16
35.0
30.0
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
S O N D
J
F M A M J
14
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
0.0
15.0
10.0
5.0
0.0
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 M J
J
14
15
16
A 13
A 13
92 92
94 94
99 99
102
102
A S O N D 13
111 111
119
119 113 113 104 99 97 97 94 96 101 114 117 110
113
113 104 99 97 97 94 96 101 114 117 110 109 102 94 95 90 87 88 101 114 118
109 102 94 95 90 87 88 101 114 118
142 142
152
152 142 137 128 122
113
142
137 128 122
113
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