FL ARCHIVED July 2017 | Page 191

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

City : Pensacola

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
$ 207,500
1 %
26 %
Average List Price of all Current Listings
$ 277,989
1 %
26 %
July Median Sales Price
$ 158,900
-1%
2 %
14 %
13 %
$ 150,000
7 %
7 %
July Average Sales Price
$ 191,391
-3%
3 %
15 %
16 %
$ 177,204
7 %
7 %
Total Properties Currently for Sale ( Inventory )
1,245
-2%
-12%
July Number of Properties Sold
353 -14%
3 %
2,360
-1%
July Average Days on Market ( Solds )
61 -10% -9% -31% -27%
74
-15%
-12%
Asking Price per Square Foot ( based on New Listings )
$ 109
-5%
-2%
12 %
11 %
$ 109
11 %
11 %
July Sold Price per Square Foot
$ 103
2 %
3 %
14 %
16 %
$ 97
9 %
9 %
July Month ' s Supply of Inventory
3.5
15 %
7 %
-14% -16%
3.8
-13%
-10%
July Sale Price vs List Price Ratio
96.5 %
-. 6 %
. 5 %
3.3 % 2.7 %
95.3 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
July Property sales were 353 , up 2.6 % from 344 in July of 2016 and 14.1 % lower than the 411 sales last month . July 2017 sales
450
Property were at a mid Sales level compared to July of 2016 and 2015 . July
500
400
July
YTD Property sales of sales 2,360 were are 353 running , up 2.6 0.9 %% from behind 344 in last July year of ' s 2016 year-todate 14.1 sales % lower of 2,381 than . the 411 sales last month . July 2017 sales
450 and were at a mid level compared to July of 2016 and 2015 . July
400
350
300
YTD sales of 2,360 are running 0.9 % behind last year ' s year-todate
350
250
sales of 2,381 .
300
200

Pensacola

Agent Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
200
100
150
50
100
0
50
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 $ 158,900 , up 13.5 % from
Prices
$ 139,950 in July of 2016 and down 1.3 % from $ 161,000 last
The month Median . The Sales Average Price Sales in July Price was $ in 158,900 July was , up $ 191,391 13.5 % from , up 15.3 %
200
$ from 139,950 $ 165,953 in July in of 2016 July of and 2016 down and 1.3 down % from 2.8 $ % 161,000 from $ last 196,881 month . The Average Sales Price in July was $ 191,391 , up 15.3 %
190 last month . July 2017 ASP was at the highest level compared to from $ 165,953 in July of 2016 and down 2.8 % from $ 196,881
180
July of 2016 and 2015 . last month . July 2017 ASP was at the highest level compared to
170
July of 2016 and 2015 .
160
150
140
130
120
110
100
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
3 Mo Avg
200
Median Sales Price and Average Sales Price
190
3 Mo Avg
180
170
160
150
140
130
120
110
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
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
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,245 Inventory , down 1.5 of % Properties from 1,264 available last month for sale and as down of July 11.8 %
2,500 was from 1,245 1,411 , down in July 1.5 % of from last year 1,264 . last July month 2017 Inventory and down 11.8 was % at its
2,500
9.0
2,000 from lowest 1,411 level in July compared of last year with . July of 2017 2016 Inventory and 2015 was . at its
8.0
2,000 lowest level compared with July of 2016 and 2015 .
7.0
1,500
6.0
1,500
5.0
1,000
A comparatively lower MSI is more beneficial for sellers while
4.0
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
3.0 higher MSI is better for buyers . The July 2017 MSI of 3.5
500 higher MSI is better for buyers . The July 2017 MSI of 3.5
500
2.0 months was at its lowest level compared with July of 2016 and months was at its lowest level compared with July of 2016 and
1.0
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
350 302 290 233 305 226 240 340 342 357 377
350 302 290 233 305 226 240 340 342 357 377 365 381 320 316 263 310 219 265 358 376 390 429 344 315 341 354 312 333 247 264 361 338 386 411 353
1,905 1,821 1,827 1,797 1,749 1,776 1,807 1,805 1,762
1,905 1,821 1,827 1,797 1,749 1,776 1,807 1,805 1,762 1,759 1,788 1,748 1,710 1,639 1,601 1,612
Number of Properties Sold
365 381 320 316 263 310 219
1,759 1,788 1,748 1,710 1,639 1,601 1,612 1,528 1,483
265 358 376 390 429
1,404 1,418 1,407 1,392 1,398 1,411 344 315 341 354
1,528 1,483 1,404 1,418 1,407 1,392 1,398 1,411 1,376 1,359 1,297 1,306 1,222 1,180 1,239 1,271 312 333 247
3 Mo Avg
264
1,252 1,273 1,264 1,245 361 338
1,376 1,359 1,297 1,306 1,222 1,180 1,239 1,271 1,252 1,273
3 Mo Avg
386 411
1,264 1,245
353
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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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