FL ARCHIVED March 2017 | Page 205

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

City : Niceville

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
$ 320,000
-2%
-2%
Average List Price of all Current Listings
$ 360,647
1 %
-1%
March Median Sales Price
$ 280,000
0 %
-1%
-7%
-4%
$ 280,000
-6%
-4%
March Average Sales Price
$ 300,646
-1%
-3%
-5%
-4%
$ 304,111
1 %
-3%
Total Properties Currently for Sale ( Inventory )
184
3 %
-22%
March Number of Properties Sold
71
58 %
4 %
150
5 %
March Average Days on Market ( Solds )
87
9 %
5 %
61 %
23 %
78
8 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 155
0 %
0 %
4 %
5 %
$ 155
8 %
5 %
March Sold Price per Square Foot
$ 148
2 %
1 %
10 %
5 %
$ 147
10 %
4 %
March Month ' s Supply of Inventory
2.6 -35% -36% -25% -32%
4.0
-26%
6 %
March Sale Price vs List Price Ratio
96.5 %
-. 4 % -. 2 % -. 4 %
. 5 %
96.6 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
March Property sales were 71 , up 4.4 % from 68 in March of
2016 and 57.8 % higher than the 45 sales last month . March
Property
2017 sales Sales were at a mid level compared to March of 2016 and
120
100
March
2015 . Property March YTD sales sales were of 71150 , up 4.4 are % running from 684.9 in % March ahead of of last
2016 year and ' s year-to-date 57.8 % higher sales than of the 14345 . sales last month . March
100
2017 sales were at a mid level compared to March of 2016 and
80
2015 . March YTD sales of 150 are running 4.9 % ahead of last year ' s year-to-date sales of 143 .
80
60
60
40
40

Niceville

Agent Name
20
Number of Properties Sold
20
0
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 O N D
J
F M
0
14
15
16
17
Prices
The Median Sales Price in March was $ 280,000 , down 6.7 %
Prices from $ 300,000 in March of 2016 and equal to $ 280,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 280,000 was , down $ 300,646 6.7 % , down
400 from
4.6 % $ 300,000 from $ 315,065 in March in of March 2016 of and 2016 equal and to down $ 280,000 0.9 % last from month . The Average Sales Price in March $ 300,646 , down
380
$ 303,434 last month . March 2017 ASP was at a mid range
4.6 % from $ 315,065 in March of 2016 and down 0.9 % from
360 compared to March of 2016 and 2015 .
$ 303,434 last month . March 2017 ASP was at a mid range
340 compared to March of 2016 and 2015 .
320
300
280
260
240
220
200
A
M J
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
14
15
16
17
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
200
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 O N D
J
F M
A
M
14 J
J
A S 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
17
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 March
The was Total 184 , Inventory up 2.8 % from of Properties 179 last available month and for down sale as 21.7 of March % from 235 was in March 184 , up of 2.8 last % from year . 179 March last month 2017 Inventory and down was 21.7 % at from its lowest 235
350 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its lowest
300 level compared with March of 2016 and 2015 .
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 March for 2017 sellers MSI while of 2.6 a
100 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 2.6 of 2016 and months was at its lowest level compared with March of 2016 and
50
2015 .
2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
350
300
10.0
250
8.0
200
6.0
150
100
4.0
50
2.0
0
0.0
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 O N D J
F M
M J
F M A M J
F M A M J
F M
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
46 67 70 72 57 53 62 42 59 31 36 72 77 77 97 104 73 57 43 26 54 27 48 68 61 65 106 68 71 73 65 55 50 34 45 71
294
A 14
290 46 294 304
67 290 298
70 304 312
Title Phone Website Other

Community Information | School District

72 298 311
57 312
308 289
53 311
279 62
308
282 42
289
J A S O N D J 15
255 59
279 282
31
267 281
36
Number of Properties Sold
72 77 77 97 104 73 57
255 274
267 270
281 250
274
250 238
270
230 250
233 250
221 238
223 230
228 233
235 221
223 258
243 228
255 235
246 258 210 243
201 255
195 246
185 210
164 201
189 195
179
185 184 164
J A S O N D J
16
43 26 54 27 48 68 61 65 106 68 71
J A S O N D J 17
73
3 Mo Avg
65 55
189 50 179
3 Mo Avg
34
184 45 71
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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