FL ARCHIVED October 2016 | Page 17

Market Action Report October 2016
Community Information | School District
Market Action Report October 2016

County : Pasco

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
$ 209,900
0 %
17 %
Average List Price of all Current Listings
$ 247,281
0 %
11 %
October Median Sales Price
$ 165,000
-5%
-3%
18 %
19 %
$ 160,000
16 %
15 %
October Average Sales Price
$ 183,593
-2%
-1%
13 %
14 %
$ 177,194
12 %
11 %
Total Properties Currently for Sale ( Inventory )
2,610
1 %
-15%
October Number of Properties Sold
787 -12%
-10%
9,222
1 %
October Average Days on Market ( Solds )
56 -13% -5% -16% -26%
64
-16%
-16%
Asking Price per Square Foot ( based on New Listings )
$ 106
0 %
1 %
12 %
15 %
$ 102
12 %
11 %
October Sold Price per Square Foot
$ 97
-0%
1 %
15 %
18 %
$ 93
13 %
13 %
October Month ' s Supply of Inventory
3.3
15 %
14 %
-6%
-13%
3.0
-22%
-21%
October Sale Price vs List Price Ratio
95.7 %
. 4 %
. 2 %
2.7 % 3.3 %
94.7 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
1,200
October Property sales were 787 , down 9.6 % from 871 in
October of 2015 and 12.1 % lower than the 895 sales last month .
Property Sales
1,000
October 2016 sales were at their lowest level compared to
1,200
October
October Property of 2015 sales and 2014 were . 787 October , down YTD 9.6 % sales from of 871 9,222 in are
October running of 1.1 2015
% ahead and 12.1 of
% last lower year than ' s year-to-date the 895 sales sales last of month
9,124 . .
October 2016 sales were at their lowest level compared to
1,000
800
October of 2015 and 2014 . October YTD sales of 9,222 are running 1.1 % ahead of last year ' s year-to-date sales of 9,124 .
800
600
Prices The Median Sales Price in October was $ 165,000 , up 17.9 %
Prices from $ 140,000 in October of 2015 and down 5.2 % from The $ 174,000 Median last Sales month Price . in The October Average was Sales $ 165,000 Price , up in October 17.9 % was
200 from $ 183,593 $ 140,000 , up 12.8 in October % from of $ 2015 162,716 and in down October 5.2 % of from 2015 and down $ 174,000 last month . The Average Sales Price in October was
190
1.7 % from $ 186,799 last month . October 2016 ASP was at the $ 183,593 , up 12.8 % from $ 162,716 in October of 2015 and down 180 highest level compared to October of 2015 and 2014 . 1.7 % from $ 186,799 last month . October 2016 ASP was at the 170 highest level compared to October of 2015 and 2014 .
160 150 140 130 120 110 100

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

600 400
400 200
200
0
Number of Properties Sold
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
13
14
15
16
D
J
F M A M J
14
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
Median Sales Price and Average Sales Price
15
16
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
574 636 532 560 741 743 803 848 753 780 807 843 753 872 654 721 932 935 1,006 1,112 1,053 970 870 871 790 916 681 760 998 1,041 1,051 1,046 975 988 895 787
N
13 200 190 180 170 160 150 140 130 120 110 100
574 636 532 560
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 2,610 of , up Properties 1.2 % from available 2,578 last for sale month as of and down
4,500
October
14.9 % from was 2,610 3,067 , up in 1.2 October % from of 2,578 last year last . month October and 2016 down
4,5004,000
14.9
Inventory % from 3,067 was at in its October lowest of level last compared year . October with 2016 October of 2015
4,0003,500
Inventory was at its lowest level compared with October of 2015
3,500 and 2014 .
3,000 and 2014 .
3,0002,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
6.0
2,5002,000
5.0
2,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0 higher MSI is better for buyers . The October 2016 MSI of 3.3
1,000 higher MSI is better for buyers . The October 2016 MSI of 3.3
1,000
2.0 months was at its lowest level compared with October of 2015
500 months was at its lowest level compared with October of 2015
500
1.0 and 2014 .
0 and 2014 .
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 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
13
14
14
15
15
16
16
741 743 803 848
4,007 3,987 4,087 4,048 4,076 4,157 4,114 4,126 4,051 3,968 3,934 3,934 3,849 3,742 3,774 3,719 3,610 3,565 3,525 3,375
753 780 807
Number of Properties Sold
843 753 872 654 721 932 935 1,006 1,112 1,053 970 870 871 790 916 681
3,324 3,263 3,165 3,067 3,059 2,994 2,992 2,929 2,871 2,778 2,607 2,634 760 998
3 Mo Avg
1,041 1,051
3 Mo Avg
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
4,007 3,987 4,087 4,048 4,076 4,157 4,114 4,126 4,051 3,968 3,934 3,934 3,849 3,742 3,774 3,719 3,610 3,565 3,525 3,375 3,324 3,263 3,165 3,067
2,553 2,502 2,578 2,610 1,046 975
3,059 2,994 2,992 2,929 2,871 2,778 2,607 2,634 2,553 2,502
3 Mo Avg
988 895
2,578 2,610
787
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 Asso 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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