FL ARCHIVED October 2017 | Page 201

Market Action Report October 2017
Community Information | School District
Market Action Report October 2017

City : Niceville

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
$ 375,000
0 %
18 %
Average List Price of all Current Listings
$ 408,198
-2%
16 %
October Median Sales Price
$ 287,000
8 %
2 %
6 %
-2%
$ 292,000
-1%
0 %
October Average Sales Price
$ 329,950
15 %
2 %
12 %
5 %
$ 323,322
3 %
3 %
Total Properties Currently for Sale ( Inventory )
131
-4%
-33%
October Number of Properties Sold
64
14 %
-2%
693
5 %
October Average Days on Market ( Solds )
58
21 %
5 %
-28% -18%
60
-14%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 154
-3%
-5%
5 %
4 %
$ 157
7 %
6 %
October Sold Price per Square Foot
$ 153
5 %
1 %
9 %
8 %
$ 151
8 %
7 %
October Month ' s Supply of Inventory
2.0 -16% -6% -32% -46%
2.8
-28%
-26%
October Sale Price vs List Price Ratio
96.8 %
-. 9 % -. 2 % 1.6 %
. 7 %
97.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
October Property sales were 64 , down 1.5 % from 65 in October
of 2016 and 14.3 % higher than the 56 sales last month . October
Property
2017 sales Sales were at a mid level compared to October of 2016 and
120
100
October
2015 . October Property YTD sales sales were of 64693 , down are 1.5 running % from 5.2 65 % in ahead October of last of year 2016 ' s year-to-date and 14.3 % higher sales than of 659 the . 56 sales last month . October
100
2017 sales were at a mid level compared to October of 2016 and
80
2015 . October YTD sales of 693 are running 5.2 % ahead of last year ' s year-to-date sales of 659 .
80
60
60
40
40

Niceville

Agent Name
20
Number of Properties Sold
20
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
0
14
15
16
17
Prices
The Median Sales Price in October was $ 287,000 , up 6.3 % from
Prices
$ 270,000 in October of 2016 and up 8.1 % from $ 265,500 last
The month Median . The Sales Average Price Sales in October Price was in October $ 287,000 was , up $ 329,950 6.3 % from , up
400
$
12.3 270,000 % from in October $ 293,787 of 2016 in October and up of 8.1 2016 % from and $ up 265,500 15.3 % last from month . The Average Sales Price in October $ 329,950 , up
380
$ 286,167 last month . October 2017 ASP was at the highest level
12.3 % from $ 293,787 in October of 2016 and up 15.3 % from
360 compared to October of 2016 and 2015 .
$ 286,167 last month . October 2017 ASP was at the highest level
340 compared to October of 2016 and 2015 .
320
300
280
260
240
220
200
N
D
J
F M A M J
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
J
A S O
14
15
16
17
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
200
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
14
J
F
15 M A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17 M J
J
A S O
14
15
16
17
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 131 , down of Properties 3.7 % from available 136 last for month sale as and of down
October
33.2 % from was 131 196 , down in October 3.7 % from of last 136 year last . month October and 2017 down Inventory
350
33.2 was % at from its lowest 196 in level October compared of last year with . October 2017 of 2016 Inventory and
2015300 . was at its lowest level compared with October of 2016 and 2015 .
250
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 2.0
100 higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of 2.0 of 2016 months was at its lowest level compared with October of 2016
50 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
350
300
10.0
250
8.0
200
6.0
150
100
4.0
50
2.0
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
14
15
16
17
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
41 59 31 36 72 77 77 97 104 73 57 43 26 54 26 48 68 61 76 106 67 71 71 65 55 50 34 44 71 66 82 110 89 77 56 64
288 278
41 288 281
59 278 254
31
Title Phone Website Other

Community Information | School District

36 72 77 77 97 104
266 281
280 254
273 266
269 280
249 273 248 269
236
249 248
73
228 231
57
Number of Properties Sold
43 26 54 26 48 68 61 76 106 67
3 Mo Avg
236 219
228 222
231
227 219
233 222
256
241 227
253 233
246 256
211 241
202 253
196 246
188 211
170 202
197 196
191 188 200
170 191 197
180 191
180 200
165 191
157 180
136 180
131 165
71 71 65 55 50 34 44 71 66 82 110
157 89 136
3 Mo Avg
77
131 56 64
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 Ass 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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