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.