FL ARCHIVED July 2017 | Page 11

Market Action Report July 2017
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report July 2017

Phone 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
$ 239,900
-2%
9 %
Average List Price of all Current Listings
$ 308,730
0 %
20 %
July Median Sales Price
$ 207,000
-2%
0 %
23 %
13 %
$ 204,500
15 %
11 %
July Average Sales Price
$ 223,128
-5%
-3%
17 %
11 %
$ 226,800
16 %
13 %
Total Properties Currently for Sale ( Inventory )
209
-8%
-10%
July Number of Properties Sold
120 -12%
22 %
755
13 %
July Average Days on Market ( Solds )
31 -18% -16% -30% -42%
41
-23%
-23%
Asking Price per Square Foot ( based on New Listings )
$ 125
-1%
2 %
13 %
12 %
$ 121
11 %
8 %
July Sold Price per Square Foot
$ 118
-1%
2 %
12 %
11 %
$ 116
12 %
8 %
July Month ' s Supply of Inventory
1.7
6 %
-1% -26% -27%
2.0
-18%
-16%
July Sale Price vs List Price Ratio
97.3 %
. 1 %
. 2 %
. 1 %
. 9 %
97.1 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
160
July Property sales were 120 , up 22.4 % from 98 in July of 2016 and 12.4 % lower than the 137 sales last month . July 2017 sales
140
Number of Properties Sold
3 Mo Avg
Property were at a mid Sales level compared to July of 2016 and 2015 . July
160
July
YTD Property sales of sales 755 are were running 120 , up 13.0 22.4 % ahead from 98 of in last July year of ' 2016 s year-todate sales of 668 . and 12.4 % lower than the 137 sales last month . July 2017 sales
140
120
100
were at a mid level compared to July of 2016 and 2015 . July
YTD sales of 755 are running 13.0 % ahead of last year ' s year-todate
120
80
sales of 668 .
100
60
80
40
60
20
40
0
20
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
0
14
15
16
17
Prices
The Median Sales Price in July was $ 207,000 , up 22.9 % from
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
Median Sales Price and Average Sales Price
14
15
16
17
J
3 Mo Avg
Prices
$ 168,375 in July of 2016 and down 2.0 % from $ 211,300 last
The month Median . The Sales Average Price Sales in July Price was $ in 207,000 July was , up $ 223,128 22.9 % from , up 17.2 %
$ from 168,375 $ 190,439 in July of in 2016 July of and 2016 down and 2.0 down % from 4.8 $ % 211,300 from $ last
234,295240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month last month . The . Average July 2017 Sales ASP Price was in at July the was highest $ 223,128 level , up compared 17.2 % to from $ 190,439 in July of 2016 and down 4.8 % from $ 234,295
220
July of 2016 and 2015 . last month . July 2017 ASP was at the highest level compared to
200
200
180
July of 2016 and 2015 .
180
160
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of July The was Total 209 , Inventory down 7.5 of % Properties from 226 last available month for and sale down as of 9.5 July % from was 231209 in July , down of 7.5 last % year from . 226 July last 2017 month Inventory and down was 9.5 at % its from lowest 400 231 level in July compared of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest 350 level compared with July of 2016 and 2015 .
300 250
200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
July 2017 for sellers
MSI of while
1.7 a higher MSI is better for buyers . The July 2017 MSI of 1.7
100 months was at its lowest level compared with July of 2016 and months was at its lowest level compared with July of 2016 and 50 2015 . 2015 .
0
160 140 120 100
103 91 87 97 108 72 91 105 105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 109 98 87 110 93 75 94 111 103 115 137 120
140 120
100
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
A
S
14 O N D
J
F
M15 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 A17M J
J
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
400 350 300
375
379 338 343
346 338
292 343
288 346 288
292 314 288
291 288
280 314
300 291
272 280
268
300 273 262
272
265 268
242 273
225 262
227 265
214 242
221 225
215 227
231 214
231 221
235 215 230
231 223
231 211
235 211
230 203
223 199
211 202 217
211
226 203
209 199 202
250 200 150 100 50 0
A 14
103 375
91 379
87
Title
Website Other
97 108 72 91 105 105 80 110 126 99 90 91
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 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
14 15
15 16
16 17
17
82 101 65 89 106 99 113 98 98 109 98 87 110 93 75 94 111 103
4.5 4.0 3.5 3.0 2.5
217 115
226
2.0 1.5 1.0 0.5 0.0
F M A M J
137
209
J
120
J
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con c o l d w e l l b a n k e r h o m e s . c o m | 11
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 .