FL ARCHIVED October 2016 | Page 17

Palm Harbor Community Information | School District

Palm Harbor 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
$ 1,499,990
-2%
9 %
Average List Price of all Current Listings
$ 1,698,873
-1%
14 %
October Median Sales Price
$ 1,125,000
-11% -6% -17% -14%
$ 1,232,140
-3%
-5%
October Average Sales Price
$ 1,125,000
-11% -13% -17% -23%
$ 1,315,828
-9%
-10%
Total Properties Currently for Sale ( Inventory )
23
5 %
35 %
October Number of Properties Sold
1
0 %
-50%
10
-33%
October Average Days on Market ( Solds )
221
637 % 128 %
5 %
17 %
127
-36%
-33%
Asking Price per Square Foot ( based on New Listings )
$ 307
31 %
11 %
-8%
-5%
$ 320
0 %
-1%
October Sold Price per Square Foot
$ 239
22 %
19 % -27% -16%
$ 239
-14%
-16%
October Month ' s Supply of Inventory
23.0
5 %
0 %
171 % 58 %
17.1
21 %
18 %
October Sale Price vs List Price Ratio
86.9 % -13.1% -5.1% 8.8 %
-. 0 %
89.4 %
3 %
3 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales October Property sales were 1 , down 50.0 % from 2 in October of 2015 and the same as the 1 sales last month . October 2016 sales were at a mid level compared to October of 2015 and 2014 . October YTD sales of 10 are running 33.3 % behind last year ' s year-to-date sales of 15 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2
1
1
Prices The Median Sales Price in October was $ 1,125,000 , down 16.7 % from $ 1,350,000 in October of 2015 and down 11.0 % from $ 1,264,279 last month . The Average Sales Price in October was $ 1,125,000 , down 16.7 % from $ 1,350,000 in October of 2015 and down 11.0 % from $ 1,264,279 last month . October 2016 ASP was at the lowest level compared to October of 2015 and 2014 .
0 -1
2,200 2,000 1,800 1,600
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
Median Sales Price and Average Sales Price
3 Mo Avg
1 0 0 0 1 3 1 3 0 1 0 0 0 0 3 2 1 1 2 0 1 2 1 2 1 0 0 0 2 2 0 2 1 1 1 1
1,400 1,200
Inventory & MSI The Total Inventory of Properties available for sale as of October was 23 , up 4.5 % from 22 last month and up 35.3 % from 17 in October of last year . October 2016 Inventory was at a mid level compared with October of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 23.0 months was at its highest level compared with October of 2015 and 2014 .
1,000
30
N
D
J
F M A M J
13
14
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O
30.0
25
25.0
20
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
30 15
25 10 205 150 10 5 0
18 18
19 19
19 19 19 19 19
N D J
13 14
19 19 19 18 18
18 18
19 19
18 18
20
20 24 24
24 24
19 19
17 17
F M A M J
J
A S O N D J
15
20 20
20 20
22 22
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
21 21
24 24
20 20
22 22
20 20
17 17
18 18
19 19
20 20
F M A M J
J
A S O N D J
16
17 17
19 19
18 18
16 16
21 21
22 22
24 24
22 22
23 23
F M A M J J A S O
15.0 30.0
10.0 25.0
5.0 20.0
0.0 15.0 10.0 5.0 0.0
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