FL ARCHIVED September 2017 | Page 29

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

City : Palm Harbor

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
$ 289,950
0 %
18 %
Average List Price of all Current Listings
$ 413,097
1 %
24 %
September Median Sales Price
$ 237,500
-7%
-5%
-3%
4 %
$ 239,000
5 %
4 %
September Average Sales Price
$ 278,038
-2%
-2%
3 %
8 %
$ 274,735
8 %
7 %
Total Properties Currently for Sale ( Inventory )
398
-5%
-24%
September Number of Properties Sold
139 -25%
-10%
1,526
5 %
September Average Days on Market ( Solds )
50
0 %
-7%
-2%
-18%
68
17 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 164
3 %
2 %
15 %
12 %
$ 158
9 %
8 %
September Sold Price per Square Foot
$ 150
0 %
0 %
9 %
11 %
$ 146
9 %
7 %
September Month ' s Supply of Inventory
2.9
27 %
14 % -16% -16%
2.9
-16%
-15%
September Sale Price vs List Price Ratio
95.6 %
. 3 %
-. 3 %
. 1 %
. 9 %
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
250 September Property sales were 139 , down 9.7 % from 154 in September of 2016 and 25.3 % lower than the 186 sales last Property month . September Sales 2017 sales were at their lowest level 250 200 September Property sales were 139 , down 9.7 % from 154 in compared to September of 2016 and 2015 . September YTD September of 2016 and 25.3 % lower than the 186 sales last sales of 1,526 are running 4.7 % ahead of last year ' s year-to-date month . September 2017 sales were at their lowest level
200 150 sales of 1,457 . compared to September of 2016 and 2015 . September YTD sales of 1,526 are running 4.7 % ahead of last year ' s year-to-date 150 100 sales of 1,457 .

Palm Agent Harbor

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
50
0
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
J
A S
14
15
16
17
N D
J
F M A M J
15
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
16 Price and Average Sales
17 Price
J
A S
3 Mo Avg
Median Sales Price and Average Sales Price
133 113 141 94 117 140 186 188 204 174 167 166 151 127 160 95 125 164 165 180 210 170 194 154 152 170 159 102 132 197 178 201 203 188 186 139
O 14
Prices
The Median Sales Price in September was $ 237,500 , down 2.8 %
Prices from $ 244,450 in September of 2016 and down 7.3 % from
The
$ 256,250 Median last Sales month Price . in The September Average was Sales $ 237,500 Price in , down September 2.8 %
350 from was $ 244,450 278,038 in , up September 2.7 % from of 2016 $ 270,600 and down in September 7.3 % from of 2016
330
$ and 256,250 down last
2.5 month % from
. The $ 285,138
Average last Sales month Price
. in September
September 2017 was $ 278,038 , up 2.7 % from $ 270,600 in September of 2016
310
ASP was at the highest level compared to September of 2016 and down 2.5 % from $ 285,138 last month . September 2017
290 and 2015 .
ASP was at the highest level compared to September of 2016
270 and 2015 .
250
230
210
350
330
310
290
270
250
230
210
190
3 Mo Avg
190
170
170
150
150
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
N
14 D
J
F
15 M A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M A17M 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 398 of , Properties down 5.5 % available from 421 for last sale month as of and down
September was 398 , down 5.5 % from 421 last month and down
700
24.5 % from 527 in September of last year . September 2017
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
24.5
Inventory % from was 527 in at September its lowest level of last compared year . September with September 2017 of
600
Inventory
2016 and was 2015 at . its lowest level compared with September of
500
2016 and 2015 .
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The September 2017 MSI of 2.9
200 higher MSI is better for buyers . The September 2017 MSI of 2.9 months was at its lowest level compared with September of 2016
100 months was at its lowest level compared with September of 2016 and 2015 . and 2015 .
0
500
400
300
200
100
0
O
N
O D
N
J
D
F M
J
A
F M
J
A
J
M
A
J S
J O
A N
S D
O
J
N
F
D M
J A
F M
M J
A
J
M
A S
J
O
J
N
A
D
S
J
O
F
N
M
D
A
J M
F
J
M
J
A
A
M S
J
14
14
15
15
16
16
17
17
6.0
5.0
4.0
3.0
2.0
1.0
0.0
J
A S
5.0
4.0
3.0
2.0
1.0
0.0
635
133 113 141 94 117 140 186 188 204 174
625
594 635
576 625
566 594
579 576
569 566
568 579
565 569 561 568
520 565
504 561
520 520
498 504
477
520
508 498 524 477
547
545 508
536 524
535 547
546 545
563 536
527 535
167 166 151 127 160 95 125 164 165 180 210 170 194 154 152 170 159 102 132 197 178 201
535 546
544 563
506 527
508 535
505 544 505 506
472 508
466 505
482 505
455 472
421 466
398 482
203 455
188
421 186
398
139
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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