FL ARCHIVED October 2016 | Page 29

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

City : Palm Harbor

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
$ 259,994
2 %
15 %
Average List Price of all Current Listings
$ 356,826
2 %
14 %
October Median Sales Price
$ 229,000
-5%
-6%
7 %
12 %
$ 227,000
10 %
11 %
October Average Sales Price
$ 256,128
-5%
-4%
1 %
7 %
$ 254,203
6 %
7 %
Total Properties Currently for Sale ( Inventory )
558
4 %
8 %
October Number of Properties Sold
152
-1%
1 %
1,607
1 %
October Average Days on Market ( Solds )
58
14 %
5 %
-13% -11%
58
-11%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 153
6 %
3 %
10 %
12 %
$ 146
7 %
7 %
October Sold Price per Square Foot
$ 137
-0%
-1%
6 %
10 %
$ 134
8 %
7 %
October Month ' s Supply of Inventory
3.7
6 %
10 %
7 %
1 %
3.5
-5%
-4%
October Sale Price vs List Price Ratio
94.5 %
-. 9 % -. 7 %
. 2 %
. 5 %
94.8 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
250
October Property sales were 152 , up 0.7 % from 151 in October of
2015 and 1.3 % lower than the 154 sales last month . October
Property
2016 sales
Sales were at their highest level compared to October of
250
October Property sales were 152 , up 0.7 % from 151 in October of
2015 and 2014 . October YTD sales of 1,607 are running 1.3 %
2015 and 1.3 % lower than the 154 sales last month . October ahead of last year ' s year-to-date sales of 1,586 .
2016 sales were at their highest level compared to October of
200
200
150
2015 and 2014 . October YTD sales of 1,607 are running 1.3 %
ahead of last year ' s year-to-date sales of 1,586 .
150
100

Palm Agent Harbor

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
50
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
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
15 Price and Average Sales
16 Price
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
84 105 89 92 130 155 152 169 164 154 133 133 113 141 94 117 140 186 188 204 174 166 166 151 127 158 95 124 164 165 179 210 170 194 154 152
N 13
Prices
The Median Sales Price in October was $ 229,000 , up 6.5 % from
Prices
$ 215,000 in October of 2015 and down 5.4 % from $ 242,000
The last Median month Sales . The Price Average in October Sales Price was $ in 229,000 October , up was 6.5 $ % 256,128 from ,
300
$ up 215,000 1.3 % from in October $ 252,919 of 2015 in October and down of 5.4 2015 % from and down $ 242,000 5.3 % from last month . The Average Sales Price in October was $ 256,128 ,
280
$ 270,432 last month . October 2016 ASP was at the highest level up 1.3 % from $ 252,919 in October of 2015 and down 5.3 % from
260 compared to October of 2015 and 2014 .
$ 270,432 last month . October 2016 ASP was at the highest level
240 compared to October of 2015 and 2014 .
220
200
300
280
260
240
220
200
180
3 Mo Avg
180
160
160
140
140
120
120
100
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
13J
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
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 558 , up of Properties 4.3 % from available 535 last for month sale as and of up 8.1 %
October was 558 , up 4.3 % from 535 last month and up 8.1 %
700 from 516 in October of last year . October 2016 Inventory was at from a mid 516 level in October compared of last with year October . October of 2015 2016 and Inventory 2014 . was at
600 a mid level compared with October of 2015 and 2014 .
500
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 3.7
200 higher MSI is better for buyers . The October 2016 MSI of 3.7 months was at a mid level compared with October of 2015 and months was at a mid level compared with October of 2015 and
100
2014
2014 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
8.0
600
7.0
500
6.0
400
5.0
300
4.0
200
3.0
2.0
100
1.0
0
0.0
N
D NJ
DF MJ
AF M JA
MJ AJ
SJ
OA NS DO J
NF DM JA FM MJ
AJ
MA JS
OJ
NA
DS OJ FN MD AJ
MF JM JAAMS JO
J
A S O
13
13
14
14
15
15
16
16
594
84 105 89 92 130 155 152 169 164 154
599
620 594
610 599
597 620
605 610
603 597
611 605
599 603 615
611
596 599 632
615 622 596
591 632
573 622
563
591 576 565
573
564 563
561 576
557 565
516 564
500 561
516 557
133 133 113 141 94 117 140 186 188 204 174 166 166 151 127 158 95 124 164 165 179 210
494 516
473 500
504 516
520 494
473 544 541
504 530
520 529
544 540
541 555 530
535 529 558 540
170 555
194
535 154
558 152
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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