FL ARCHIVED October 2016 | Page 60

Market Action Report October 2016
Phone Community Information | School District

City : Osprey

Price Range : All | Properties : SFH - Con

Osprey

Agent Name
Market Action Report October 2016

Phone Community Information | School District

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
$ 589,000
4 %
1 %
Average List Price of all Current Listings
$ 1,174,831
4 %
45 %
October Median Sales Price
$ 420,000
40 %
23 %
2 %
9 %
$ 415,000
11 %
8 %
October Average Sales Price
$ 547,265
35 %
27 %
12 %
24 %
$ 485,389
12 %
10 %
Total Properties Currently for Sale ( Inventory )
157
4 %
15 %
October Number of Properties Sold
13 -35%
-43%
221
-12%
October Average Days on Market ( Solds )
106
-4%
8 %
9 %
-2%
109
-2%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 300
35 %
23 %
28 %
26 %
$ 252
11 %
6 %
October Sold Price per Square Foot
$ 227
30 %
23 %
20 %
27 %
$ 192
7 %
7 %
October Month ' s Supply of Inventory
12.1
60 %
33 % 104 % 53 %
8.1
8 %
3 %
October Sale Price vs List Price Ratio
92.1 %
. 9 %
-. 0 % -2.5%
. 1 %
92.1 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
40
October Property sales were 13 , down 43.5 % from 23 in October of 2015 and 35.0 % lower than the 20 sales last month . October
35
Number of Properties Sold
3 Mo Avg
Property
2016 sales Sales were at their lowest level compared to October of
40
October
2015 and Property 2014 . sales October were YTD 13 , down sales 43.5 of 221 % from are running 23 October 12.0 % of 2015 and 35.0 % lower than the 20 sales last month . October
35 behind last year ' s year-to-date sales of 251 .
2016 sales were at their lowest level compared to October of
30
2015 and 2014 . October YTD sales of 221 are running 12.0 %
30
25
20
behind last year ' s year-to-date sales of 251 .
25
15
20
10
15
5
10
0
5
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
0
13
14
15
16
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
Prices
Median Sales Price and Average Sales Price
13
14
15
16
The Median Sales Price in October was $ 420,000 , up 1.9 % from
900
Prices
$ 412,000 in October of 2015 and up 40.0 % from $ 300,000 last
Median Sales Price and Average Sales Price
The month Median . The Sales Average Price Sales in October Price was in October $ 420,000 was , up $ 547,265 1.9 % from , up
900
800
$
12.2 412,000 % from in October $ 487,591 of 2015 in October and up of 40.0 2015 % and from up $ 300,000 34.5 % from last month
$ 406,742 . The last Average month Sales . October Price in 2016 October ASP was $ at 547,265 the highest , up level
800
700
J
A S O
3 Mo Avg
3 Mo Avg
12.2 compared % from $ to 487,591 October in of October 2015 and of 2015 2014 and . up 34.5 % from
$ 406,742 last month . October 2016 ASP was at the highest level
700
600
compared to October of 2015 and 2014 .
600
500
500 400
400 300
14 23 16
Title
Website Other
20 12 27
300
200
200
N
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
D
13
J
F
14 M A M J
J
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M A
16 M J
J
A S O
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 157 , up of 4.0 Properties % from available 151 last month for sale and as of up 15.4 %
October from 136 was in 157 October , up 4.0 of % last from year 151 . last October month 2016 and up Inventory 15.4 % was at
250 from a mid 136 level in October compared of last with year October . of 2015 2016 and Inventory 2014 . was at
200 a mid level compared with October of 2015 and 2014 .
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
25.0
20.0
15.0
150
15.0
100
10.0
A comparatively lower MSI is more beneficial for sellers while
100 a
10.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2016 sellers MSI while of a 12.1 higher months MSI was is better at its highest for buyers level . The compared October with 2016 October MSI of 12.1 of 2015
50 months and 2014 was
. at its highest level compared with October of 2015 and 2014 .
0
50
5.0
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
14
15
16
13
14
15
16
5.0
0.0
27 25 21 14 26
14 23 16 20 12 27 27 25 21 14 26 16 9
16
Number of Properties Sold
9 11 12 14
11 12 14 23 27 36 32 36 25 23 23 15 18 15 25 30 24 33 22 19 20 20 13
159 160
173 159
160 190
173 200
194 190
196 200
174 194
160 196 151 174
155
160 167 151 175 155 188 167 189 175
186
188 193 188
189
174 186
157 193
150 188
174 157 150
133 161
133 156
136 184
161 191
156
186 170 184
165 191
163 186
163 170
153 165
151 163
157 163
23 27 36 32
133 133 136 36 25 23 23 15 18 15 25 30 24 33 22
153 19
151
3 Mo Avg
20
157 20 13
60 | c o l d w e l l b a n k e r h o m e s . c o m
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