FL ARCHIVED September 2017 | Page 11

Market Action Report September 2017
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report September 2017

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
$ 249,000
2 %
13 %
Average List Price of all Current Listings
$ 305,807
-1%
20 %
September Median Sales Price
$ 204,500
-4%
-3%
5 %
11 %
$ 205,000
13 %
12 %
September Average Sales Price
$ 231,558
1 %
1 %
11 %
15 %
$ 227,524
15 %
13 %
Total Properties Currently for Sale ( Inventory )
207 -14%
-12%
September Number of Properties Sold
86 -18%
-12%
946
8 %
September Average Days on Market ( Solds )
36
9 %
6 %
-28% -32%
40
-23%
-25%
Asking Price per Square Foot ( based on New Listings )
$ 123
-2%
-2%
11 %
10 %
$ 121
10 %
8 %
September Sold Price per Square Foot
$ 118
-1%
-1%
7 %
10 %
$ 116
10 %
8 %
September Month ' s Supply of Inventory
2.4
5 %
10 %
0 %
1 %
2.1
-12%
-11%
September Sale Price vs List Price Ratio
96.9 %
-. 9 %
-. 4 % 1.0 %
. 5 %
97.1 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
160
September Property sales were 86 , down 12.2 % from 98 in
September of 2016 and 18.1 % lower than the 105 sales last
140
Number of Properties Sold
3 Mo Avg
Property month . September Sales 2017 sales were at their lowest level
160
September compared Property to September sales were of 2016 86 , down and 2015 12.2 .% September from 98 in YTD
September of 2016 and 18.1 % lower than the 105 sales last
140 sales of 946 are running 8.1 % ahead of last year ' s year-to-date
120
100
month sales . of September 875 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD
120
80
sales of 946 are running 8.1 % ahead of last year ' s year-to-date sales of 875 .
100
80
60
40
60
20
40
0
20
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 M J
J
A S
0
14
15
16
17
Prices
The Median Sales Price in September was $ 204,500 , up 4.9 %
O
N D
J
F M A M J
14
15
JMedian
A S O NSales D
J FPrice M A Mand J
J Average
A S O N Sales D
J
F Price M A M J
16
17
J
A S
3 Mo Avg
Prices from $ 195,000 in September of 2016 and down 4.0 % from
The
$ 213,000 Median last Sales month Price . in The September Average was Sales $ 204,500 Price in , up September 4.9 % from was $ 195,000 231,558 , in up September 11.2 % from of 2016 $ 208,255 and down in September 4.0 % from of 2016
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
$ and 213,000 up 0.9 last % month from . $ 229,422 The Average last Sales month Price . September in September 2017 ASP was $ 231,558 , up 11.2 % from $ 208,255 in of
220 was at the highest level compared to September of 2016 and and
2015 up . 0.9 % from $ 229,422 last month . September 2017 ASP
200
200
180
was at the highest level compared to September of 2016 and
2015 .
180
160
160
140
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The September Total Inventory was 207 of , Properties down 13.8 % available from 240 for sale last as month of and down September 11.9 % from was 235 207 in , down September 13.8 % of from last 240 year last . September month and 2017 down
400
11.9 Inventory % from 235 was in at September its lowest of level last compared year . September with September 2017 of 350 Inventory 2016 and was 2015 at . its lowest level compared with September of 300 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 September for sellers 2017 while MSI a of 2.4 100
higher months
MSI was is better at a mid for level buyers compared . The September with September
2017 MSI of of 2016
2.4 months was at a mid level compared with September of 2016 50 and 2015 . and 2015 .
0
140 120 100
87 97 108 72 91 105 105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 109 98 87 110 93 75 94 111 103 115 137 120 105 86
120
100
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 M J
J
A S
O 14
N
14 D
J 15
F
15 M A M J
J
A S O N D
J 16
F M
16 A M J
J
A S O N D
J 17
F M A
17 M J
J
A S
400 350 300
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
338 343
346 338
292 343
288 346
288 292
314 288 291 288
280 314
300 291
272 280
268 300
273 272
262
268 265
242
273
225 262
227 265
214 242
221 225
215 227
231 214
231 221
235 215
230 231
223 231 211 235
211 230
203 223
199
211 204
211 219 203 232 199 228
204 240
207 219 232
250 200 150 100 50 0
O
14
87 97 108
Title
Website Other
72 91 105 105 80 110 126 99 90 91 82 101 65
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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 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
14 15 16
17 15
16
17
89 106 99 113 98 98 109 98 87 110 93 75 94 111 103 115 137 228
120
240 105
207 86
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 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 Assoc 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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