FL ARCHIVED September 2017 | Page 17

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

County : Pasco

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
$ 239,900
-0%
17 %
Average List Price of all Current Listings
$ 278,140
-0%
16 %
September Median Sales Price
$ 195,000
1 %
1 %
12 %
20 %
$ 183,000
14 %
13 %
September Average Sales Price
$ 208,484
0 %
1 %
12 %
17 %
$ 196,950
12 %
10 %
Total Properties Currently for Sale ( Inventory )
2,305
-4%
-12%
September Number of Properties Sold
790 -22%
-12%
8,611
2 %
September Average Days on Market ( Solds )
54
13 %
8 %
-16% -14%
55
-14%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 115
-2%
-1%
11 %
12 %
$ 113
12 %
10 %
September Sold Price per Square Foot
$ 109
1 %
1 %
13 %
16 %
$ 104
13 %
11 %
September Month ' s Supply of Inventory
2.9
23 %
14 %
-0%
-4%
2.7
-10%
-11%
September Sale Price vs List Price Ratio
96.0 %
. 5 %
. 3 %
. 7 %
1.4 %
95.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400 September Property sales were 790 , down 11.7 % from 895 in September of 2016 and 22.1 % lower than the 1,014 sales last 1,200 Property month . September Sales 2017 sales were at their lowest level 1,400
September compared Property to September sales were of 2016 790 , and down 2015 11.7 . % September from 895 in YTD 1,000 September sales of 8,611 of 2016 are and running 22.1 % 2.1 lower % ahead than of the last 1,014 year sales ' s year-to-date last 1,200 month sales . of September 8,435 .
2017 sales were at their lowest level
800 compared to September of 2016 and 2015 . September YTD 1,000 sales of 8,611 are running 2.1 % ahead of last year ' s year-to-date 600 sales of 8,435 .
800 400
600 200
400
Prices The Median Sales Price in September was $ 195,000 , up 12.1 %
Prices from $ 174,000 in September of 2016 and up 1.3 % from 240 The $ 192,500 Median last Sales month Price . in The September Average was Sales $ 195,000 Price in , up September 12.1 % was from $ 208,484 $ 174,000 , up in 11.6 September % from $ of 186,862 2016 and in September up 1.3 % from of 2016 and
220
240 $ up 192,500 0.1 % last from month $ 208,228 . The last Average month Sales . September Price in September 2017 ASP was was at
$ 208,484 , up 11.6 % from $ 186,862 in September of 2016 and 220
200 the highest level compared to September of 2016 and 2015 . up 0.1 % from $ 208,228 last month . September 2017 ASP was at 200 180
the highest level compared to September of 2016 and 2015 .
180 160

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

200
100
0
160 140
140 120
120 100
0
843
Number of Properties Sold
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
14
15
16
17
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
Median Sales Price and Average Sales Price
15
16
17
J
A S
3 Mo Avg
Median Sales Price and Average Sales Price
843 753 872 654 721 932 935 1,007 1,112 1,053 970 871 871 790 916 681 760 998 1,041 1,051 1,046 975 988 895 792 802 912 670 754 1,044 1,001 1,134 1,163 1,041 1,014 790
O N D
14
753 872 654
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
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
September Total Inventory was 2,305 of Properties , down 4.5 available % from 2,413 for sale last month of and
4,500
September down 11.8 was % from 2,305 2,613 , down in 4.5 September % from 2,413 of last last year month . September and
4,5004,000 down 201711.8 Inventory % from was 2,613 at in its September lowest level of last compared year . September with September
4,0003,500
2017 Inventory was at its lowest level compared with September
3,500 of 2016 and 2015 .
3,000 of 2016 and 2015 .
3,0002,500
2,5002,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
6.0
5.0
4.0
2,000
A comparatively lower MSI is more beneficial for sellers while a
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,500 higher MSI is better for buyers . The September 2017 MSI of 2.9
1,000 higher MSI is better for buyers . The September 2017 MSI of 2.9
1,000 months was at its lowest level compared with September of 2016
500 months was at its lowest level compared with September of 2016
500 and 2015 .
0 and 2015 .
0
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
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
14
15
16
17
14
15
16
17
3.0
2.0
1.0
0.0
J
A S
721 932 935 1,007
3,938 3,853 3,746 3,778 3,727 3,619 3,575 3,534 3,386 3,334 3,274 1,112 1,053 970
Number of Properties Sold
871 871 790 916 681 760 998
3,177 3,078 3,072 3,008 3,007 2,945 2,889 2,797 2,628 2,663 2,587 1,041 1,051 1,046 975 988 895
2,546 2,613 2,626 2,651 2,582 2,630
792 802 912 670 754
3 Mo Avg
1,044 1,001
3 Mo Avg
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
14
15
16
17
3,938 3,853 3,746 3,778 3,727 3,619 3,575 3,534 3,386 3,334 3,274 3,177 3,078 3,072 3,008 3,007 2,945 2,889 2,797 2,628 2,663 2,587 2,546 2,613 2,626 2,651 2,582 2,630 2,586 2,615 2,476
2,586 2,615 2,476 2,461 2,494 2,485 2,413 2,305
1,134
2,461 2,494
1,163
3 Mo Avg
1,041 1,014
2,485 2,413 2,305
790
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 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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