FL ARCHIVED June 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
$ 1,994,500
13 %
-8%
Average List Price of all Current Listings
$ 3,171,139
0 %
24 %
June Median Sales Price
$ 1,481,250
-14%
0 %
-5%
-15%
$ 1,437,500
-17%
-17%
June Average Sales Price
$ 1,494,375
-14% -8%
-4%
-32%
$ 1,575,278
-35%
-28%
Total Properties Currently for Sale ( Inventory )
23
5 %
-4%
June Number of Properties Sold
4
0 %
100 %
9
29 %
June Average Days on Market ( Solds )
269 -20% -11% 1394 %
79 %
301
514 %
101 %
Asking Price per Square Foot ( based on New Listings )
$ 419
0 %
19 %
7 %
0 %
$ 372
-9%
-11%
June Sold Price per Square Foot
$ 301
-18% -10% -7%
-21%
$ 330
-20%
-14%
June Month ' s Supply of Inventory
5.8
5 %
2 %
-52% -66%
11.8
-30%
-30%
June Sale Price vs List Price Ratio
83.3 % -5.2% -2.7% -6.2% -5.6%
85.8 %
-5%
-3%
* 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 June Property sales were 4 , up 100.0 % from 2 in June of 2016 and the same as the 4 sales last month . June 2017 sales were at their highest level compared to June of 2016 and 2015 . June YTD sales of 9 are running 28.6 % ahead of last year ' s year-todate sales of 7 .
Prices The Median Sales Price in June was $ 1,481,250 , down 4.9 % from $ 1,557,500 in June of 2016 and down 14.1 % from $ 1,725,000 last month . The Average Sales Price in June was $ 1,494,375 , down 4.1 % from $ 1,557,500 in June of 2016 and down 14.3 % from $ 1,743,750 last month . June 2017 ASP was at a mid range compared to June of 2016 and 2015 .
Number of Properties Sold
5 4 4 3 3 2 2 1 1 0
3 Mo Avg
-1
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 14
15 16
17
Median Sales Price and Average Sales Price
3 Mo Avg
6,000 5,000 4,000
3 Mo Avg
0 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
3,000 2,000
Inventory & MSI The Total Inventory of Properties available for sale as of June was 23 , up 4.5 % from 22 last month and down 4.2 % from 24 in June of last year . June 2017 Inventory was at its lowest level compared with June of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2017 MSI of 5.8 months was at its lowest level compared with June of 2016 and 2015 .
1,000 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
30 14 15
16
17 30.0
25
20 30 15 25 10 20 5 15 0 10
5 0
25 25
28 28
25 25
26 26
28 28
Total Inventory & Month ' s Supply of Inventory ( MSI )
26 26
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 22 23 24 24 27 27 26 25 25 24 24
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
14
15
16
17
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
14
15
16
17
20 20 20 22 23 24 24 27 27 26 25 25 24 24 23 23
21 21
22 22
23
23
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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