FL ARCHIVED October 2016 | Page 11

Market Action Report City: Brandon Brandon Agent Name Title Phone Agent Name Website Other Title Market Action Report October 2016 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $235,000 Other LM Trending versus*: L3M PYM LY 2% 15% $268,203 Trending 2% versus*:8% Month LM -10% L3M -5% PYM 5% LY $175,500 $235,000 2% -9% -5% 15% 5% $188,700 $268,203 222 2% -3% 8% -19% $175,500 -10% -5% 5% -4% 7% 87 -11% $188,700 -9% -5% 5% 5% 50 0% 6% 0% 222 -3% -19% $115 3% 2% 11% 87 -11% -4% $110 -1% 1% 14% 50 0% 6% 0% -21% 2.6 10% 11% -15% $115 3% 2% 11% 13% 97.3% 1.5% .5% 1.1% $110 -1% 1% 14% 2.6 10% 11% -15% 97.3% 1.5% .5% 1.1% October Month's Supply of Inventory October Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date Property Sales 140 October Property sales were 87, down 4.4% from 91 in October of 2015 and 11.2% lower than the 98 sales last month. October 120 Property 2016 salesSales were at their lowest level compared to October of 140 October Property wereYTD 87, down in October 100 2015 and 2014. sales October sales 4.4% of 961from are 91 running 0.7% ofbehind 2015 and lower than the 98 sales 120 last11.2% year's year-to-date sales of last 968.month. October 80 2016 sales were at their lowest level compared to October of 3 Mo Avg 3 Mo Avg 87 109 87 98 109 98 113 98 98 106 89 101 65 82 91 89 108 97 87 91 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 O Median Sales Price and Average Sales Price 13 14 15 16 Prices 98 98 113 98 106 98 89 101 65 82 91 89 126 99 110 105 80 103 91 89 92 90 103 89 92 90 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 O 13 14 15 16 The Median Sales Price in October was $175,500, up 5.1% from Prices $167,000 in October of 2015 and down 10.0% from $195,000 240 The in October was $175,500, upwas 5.1% from lastMedian month.Sales ThePrice Average Sales Price in October $188,700, 220 $167,000 in October of 2015 and down 10.0% from $195,000 up 4.9% from $179,845 in October of 2015 and down 9.4% from 240 last month. last The month. Average October Sales Price in October was $208,255 2016 ASP was at $188,700, the highest 200 up 4.9% from $179,845 in October of 2015 and down 9.4% from 220 level compared to October of 2015 and 2014. $208,255 last month. October 2016 ASP was at the highest 200 180 level compared to October of 2015 and 2014. 91 74 59 65 81 0 91 0 20 74 20 -17% 8% 13% -21% 1% 40 69 40 -1%9% 10% -20% 9% 14% -17% -22% 8% 2% 60 59 60 9% 10% Number of Properties Sold 65 80 81 100 69 2015 and 2014. October YTD sales of 961 are running 0.7% behind last year's year-to-date sales of 968. 12% 17% $106 14% 13% -15% 2.4 -22% -21% Number of96.4% Properties 2.4% 2% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 99 October Sale Price vs List Price Ratio October Sold Price per Square Foot 105 October Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 126 October Sold Price per Square Foot October Average Days on Market (Solds) 13% 17% -15% 2.4% 91 October Number of Properties Sold 11% 961 12% 52 $110 961 -1% $106 52 -20% 2.4 $110 9% 96.4% 110 Asking Price per Square Foot (based on New Listings) $197,373 80 October Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Trending versus*: YTD Prior YTD 11% Prior Year $180,000 $180,000 $197,373 -21% 108 October Average Sales Price 72 October Sales Price OctoberMedian Number of Properties Sold Trending versus*: Prior YTD Prior Year YTD 7% 5% 105 Average List Price of all Current Total Properties Currently forListings Sale (Inventory) 97 Market Trends Overview OctoberProfile Median&Sales Price Median List Price ofSales all Current October Average Price Listings 91 Average List Price of all Current Listings 87 Price Range: All | Properties: SFH - Con 105 Market Profile & Trends Overview Median List Price of all Current Listings 72 City: Brandon October 2016 Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 180 160 160 140 140 120 120 100 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 O N D 13 J F 14 M A M J J A S O N D J F M15A M J J A S O N D J F M A16M J J A S O 13 14 15 16 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI and 2014. 0 7.0 6.0 3.0 222 4.0 228 222 4.0 224 209 222 216 228 223 210 222 224 222 209 242 216 266 5.0 5.0 210 223 262 242 273 222 266268 262 272 273 300 6.0 272 291 268 280 300 314 291288 280 288 346 292 314 288 343 292 288 338 7.0 346 379 376 343 350 338 379 328 376 328 350 328 334 334 349 328327 349 334 Total Inventory & Month's Supply of Inventory (MSI) 335 313 334 313 The Total Inventory Inventory & MSI of Properties available for sale as of 400 October was 222, down 2.6% from 228 last month The Total Inventory of Properties available for sale as ofand down 400 350 October was 222, 2.6% from 228 last October month and down 18.7% from 273 down in October of last year. 2016 Inventory 350 300 18.7% from 273 in October of last year. Inventory was at its lowest level compared withOctober October2016 of 2015 and 2014. was at its lowest level compared with October of 2015 and 2014. 300 250 250 200 200 150 A comparatively lower MSI is more beneficial for sellers while150 a Ahigher comparatively lower MSI is more beneficial for sellers while a MSI is better for buyers. The October 2016 MSI of 2.6 100 100 higher MSI is better for buyers. The October 2016 MSI of 2.6 months was at its lowest level compared with October of 2015 50 50 months was at its lowest level compared with October of 2015 0 and 2014. 327 335 100 2.0 1.0 0.0 3.0 2.0 1.0 0.0 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 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 O 14 15 16 13 13 14 15 16 Copyright © Coldwell Banker Residential Estate / Coldwell Banker Realtors Price Range: All | Property Types: Copyright © Coldwell Banker Residential RealReal Estate / Coldwell Banker United,United, Realtors | Price|Range: All | Property Types: SFH - ConSFH - Con c o l dw el l b a n k er h o m es.c o m | 11 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of County, Martin County, Miami Association of REALTORS, FloridaMLS, Regional MLS, Area Board of REALTORS, REALTORS of the Palm Space Coast Asso Data is is provided courtesy of Greater FortFort Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, My FloridaMy Regional Naples AreaNaples Board of REALTORS, REALTORS Association of Association the Palm Beaches, SpaceBeaches, Coast Association of REALT does warrant or guarantee accuracy of information. this information. It isresponsibility the responsibility of anyorbuyer verify and all information to such consumer’s real estate transaction. does notnot warrant or guarantee the the accuracy of this It is the of any buyer sellerortoseller verify to any and any all information relevant torelevant such consumer’s real estate transaction.