FL ARCHIVED July 2017 | Page 149

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

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
$ 280,000
4 %
4 %
Average List Price of all Current Listings
$ 394,652
4 %
1 %
July Median Sales Price
$ 205,000
-5%
-2%
1 %
8 %
$ 205,000
10 %
8 %
July Average Sales Price
$ 234,438
-9% -10% -3%
1 %
$ 251,651
11 %
8 %
Total Properties Currently for Sale ( Inventory )
947
-4%
-9%
July Number of Properties Sold
224
-8%
1 %
1,447
4 %
July Average Days on Market ( Solds )
70 -14% -8% -14% -17%
77
-9%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 151
9 %
6 %
11 %
10 %
$ 141
4 %
3 %
July Sold Price per Square Foot
$ 125
-3%
-4%
6 %
6 %
$ 127
10 %
8 %
July Month ' s Supply of Inventory
4.2
4 %
4 %
-9%
-24%
5.1
-13%
-9%
July Sale Price vs List Price Ratio
96.7 %
-. 2 %
. 2 %
. 3 %
. 2 %
96.5 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
July Property sales were 224 , up 0.9 % from 222 in July of 2016
and 7.8 % lower than the 243 sales last month . July 2017 sales
Property were at a mid Sales level compared to July of 2016 and 2015 . July
300
250
July
YTD Property sales of sales 1,447 were are 224 running , up 0.9 4.3 % from ahead 222 of in last July year of ' 2016 s year-todate 7.8 sales % lower of 1,387 than . the 243 sales last month . July 2017 sales and
250 were at a mid level compared to July of 2016 and 2015 . July
200
YTD sales of 1,447 are running 4.3 % ahead of last year ' s year-todate sales of 1,387 .
200
150
150
100
Prices The Median Sales Price in July was $ 205,000 , up 1.4 % from
Prices $ 202,150 in July of 2016 and down 4.7 % from $ 215,000 last The month Median . The Sales Average Price Sales in July Price was $ in 205,000 July was , up $ 234,438 1.4 % from , down $ 3.0 202,150 % from in July $ 241,717 of 2016 in July and down of 2016 4.7 and % from down $ 215,000 9.3 % from last month $ 258,618 . The last Average month Sales . July Price 2017 in July ASP was $ at 234,438 a mid , range down 3.0 compared % from $ to 241,717 July of in 2016 July of and 2016 2015 and . down 9.3 % from $ 258,618 last month . July 2017 ASP was at a mid range compared to July of 2016 and 2015 .

Palm Agent Coast

Name
Title Phone Website Other

Community Information | School District

100
50
195 193 181 172 211 122
Number of Properties Sold
50 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
0 14 15
16
17
A S O N D J F M A MMedian J J A SSales O N DPrice J F Mand A MAverage J J A S Sales O N D Price J F M A M J J 14
15 16
17
300 Median Sales Price and Average Sales Price
195 193 181 172 211 122 148 219 225 221 230 238 215 202 200 153 190 120 175 203 184 234 249 222 226 194 184 159 195 131 134 242 221 252 243 224
280
3 Mo Avg
300
260
280
240
260
240
220
200
180
160
140
120
100
220
200
180
160
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 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 A
17 M J
J
J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of July
The was Total 947 , Inventory down 4.1 % of from Properties 987 last available month for and sale down as of 8.5 July % from
1,400 was
1,035 947 in , down July 4.1 of last % from year 987 . July last 2017 month Inventory and down was 8.5 at % its from lowest
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
1,035 level in compared July of last with year July . July of 2017 2016 Inventory and 2015 . was at its lowest
1,200
1,000
10.0 level compared with July of 2016 and 2015 .
1,000
800
8.0
800
600
6.0
A comparatively lower MSI is more beneficial for sellers while a
600
400
A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The July 2017 MSI of 4.2
400 higher months MSI was is better at its lowest for buyers level . The compared July 2017 with MSI July of 4.2 of 2016 and
200
2.0 months was at its lowest level compared with July of 2016 and
200
2015 .
0
2015 .
0
0.0
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
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
14
15
16
17
14
15
16
17
J
8.0
6.0
4.0
2.0
0.0
148 219 225 221 230
1,205 1,208 1,188 1,202 1,165 1,232 1,233 1,192 1,188 1,172 1,174 1,147 1,118 1,112 1,082 1,061 1,016 1,089 1,134
Number of Properties Sold
238 215 202
1,205 1,208 1,188 1,202 1,165 1,232 1,233 1,192 1,188 1,172 1,174 1,147 1,118 1,112 1,082 200 153 190 120 175 203 184 234 249 222 226
1,164 1,115 1,098 1,066 1,035 1,061 1,031 950 963 924 988 194 184 159 195 131
1,007 982 980 977 987 947
3 Mo Avg
134 242
1,061
1,016 1,089 1,134 1,164 1,115 1,098 1,066 1,035 1,061 1,031 950 963 924 988 1,007 982 980 977
221
3 Mo Avg
252
987
947 243 224
J
3 Mo Avg
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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