FL ARCHIVED July 2017 | Page 15

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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
$ 1,904,750
0 %
-9%
Average List Price of all Current Listings
$ 3,157,877
3 %
26 %
July Median Sales Price
$ 1,600,000
8 %
5 %
-8%
$ 1,481,250
-15%
-15%
July Average Sales Price
$ 1,600,000
7 %
-1%
-27%
$ 1,577,750
-35%
-28%
Total Properties Currently for Sale ( Inventory )
22
-8%
-8%
July Number of Properties Sold
1 -75%
10
43 %
July Average Days on Market ( Solds )
358
33 %
16 %
139 %
307
527 %
105 %
Asking Price per Square Foot ( based on New Listings )
$ 0
-100% -100% -100% -100%
$ 374
-8%
-10%
July Sold Price per Square Foot
$ 467
55 %
34 %
22 %
$ 343
-17%
-10%
July Month ' s Supply of Inventory
22.0
267 % 96 %
0 %
31 %
14.4
-14%
-14%
July Sale Price vs List Price Ratio
91.4 %
9.7 % 6.0 %
3.6 %
86.4 %
-4%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 1 , up from 0 in July of 2016 and 75.0 % lower than the 4 sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 . July YTD sales of 10 are running 42.9 % ahead of last year ' s year-to-date sales of 7 .
Prices The Median Sales Price in July was $ 1,600,000 , up from $ 0 in July of 2016 and up 8.0 % from $ 1,481,250 last month . The Average Sales Price in July was $ 1,600,000 , up from $ 0 in July of 2016 and up 7.1 % from $ 1,494,375 last month . July 2017 ASP was at the highest level compared to July of 2016 and 2015 .
5 4 4 3 3 2 2 1 1 0 -1
6,000 5,000
Number of Properties Sold
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
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg F M A M J J
3 Mo Avg
0 0 2 0 3 0 0 0 0 0 1 1 1 4 2 0 0 1 2 1 1 0 2 0 0 3 0 0 1 0 1 0 0 4 4 1
4,000 3,000 2,000
Inventory & MSI The Total Inventory of Properties available for sale as of July was 22 , down 8.3 % from 24 last month and down 8.3 % from 24 in July of last year . July 2017 Inventory was at its lowest level compared with July of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 22.0 months was at its lowest level compared with July of 2016 and 2015 .
1,000 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
30 14 15
16 17
30.0
25
20 30 15 25 10 20 5 15 0 10
5 0
28 28
25 25
26 26
28 28
26 26
Total Inventory & Month ' s Supply of Inventory ( MSI )
23 23
22
22 25 25 25 25 25
25 25 25 25 25 23 23
23
23 24 24 24
24 24 24
20
20 20 20 22 23 24 24 27 27 26 25 25 24 24 24
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
14
15
16
17
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
14
15
16
17
20
20 22 23 24 24 27 27 26 25 25 24 24 24
22 22
23 23
24 24
22 22
J
J
25.0
20.0 30.0 15.0 25.0 10.0 20.0 5.0 15.0 0.0 10.0
5.0 0.0
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