FL ARCHIVED February 2017 | Page 11

Market Action Report February 2017
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report February 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
$ 236,400
1 %
9 %
Average List Price of all Current Listings
$ 292,204
3 %
12 %
February Median Sales Price
$ 187,000
4 %
0 %
12 %
2 %
$ 186,950
10 %
2 %
February Average Sales Price
$ 222,169
4 %
3 %
24 %
10 %
$ 218,651
19 %
9 %
Total Properties Currently for Sale ( Inventory )
176 -12%
-21%
February Number of Properties Sold
93
24 %
4 %
168
9 %
February Average Days on Market ( Solds )
43 -14% -19% -33% -19%
46
-32%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 119
3 %
1 %
12 %
6 %
$ 117
10 %
4 %
February Sold Price per Square Foot
$ 116
6 %
5 %
18 %
9 %
$ 113
14 %
6 %
February Month ' s Supply of Inventory
1.9 -29% -16% -25% -20%
2.3
-27%
-3%
February Sale Price vs List Price Ratio
97.9 %
1.1 %
. 9 %
2.8 % 1.5 %
97.4 %
3 %
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
140
February Property sales were 93 , up 4.5 % from 89 in February of 2016 and 24.0 % higher than the 75 sales last month .
120
Number of Properties Sold
3 Mo Avg
Property
February 2017 Sales sales were at their highest level compared to
140
February Property of 2016 sales and were 2015 . 93 February , up 4.5 % YTD from sales 89 in of February 168 are
100
of running 2016 and 9.1 24.0 % ahead % higher of last than year the ' s 75 year-to-date sales last month sales . of 154 .
February 2017 sales were at their highest level compared to
120
80
February of 2016 and 2015 . February YTD sales of 168 are
100
running 9.1 % ahead of last year ' s year-to-date sales of 154 .
60
80
40
60
40
20
20
0
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
0
14
15
16
17
Prices
The Median Sales Price in February was $ 187,000 , up 12.3 %
M
A M J
14
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Prices from $ 166,454 in February of 2016 and up 3.9 % from $ 180,000
The last Median month Sales . The Price Average in February Sales Price was in $ 187,000 February , up was 12.3 $ % 222,169 , from up 23.5 $ 166,454 % from in $ February 179,867 of in 2016 February and up of 2016 3.9 % from and up $ 180,000 3.7 % from
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 214,289 month . last The month Average . February Sales Price 2017 in February ASP was was at the $ 222,169 highest , up 23.5 % from $ 179,867 in February of 2016 and up 3.7 % from
220 level compared to February of 2016 and 2015 .
$ 214,289 last month . February 2017 ASP was at the highest
200
200
180
level compared to February of 2016 and 2015 .
180
160
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The February Total Inventory was 176 , of down Properties 12.0 % available from 200 for last sale month as of and down February 21.4 % from was 224 176 , in down February 12.0 % from of last 200 year last . February month and 2017 down 400 21.4 Inventory % from 224 was in at February its lowest of level last year compared . February with 2017 February of 350 Inventory 2016 and was 2015 at . its lowest level compared with February 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
February for sellers
2017 MSI while of a 1.9 higher MSI is better for buyers . The February 2017 MSI of 1.9
100 months was at its lowest level compared with February of 2016 months was at its lowest level compared with February of 2016 50 and 2015 . and 2015 .
0
160 140 120 100
74 91 90 92 89 103 91 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 93
140 120
M 14
327
M
14
74 91 90
Title
Website Other
92 89 103 91 87
A
14 M J
J
A S O N D
J
15
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
334
328 327
328 334
350 328
328 376
379 350 338 343 346
338
97 108 72 91 105 105 80 110 126
100
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
F
17
400 350 300 250 200 150 100 50 0
376 379
343 346
292 288 288 292 314 288 291 280
288
300 314
272 291
268 280
273 300
262 272
265 268
242 273
224 262
226 265
213 242 219 224
213
226 229 213 228 219 232 213 228
229 221 207
228
200 232
176 228 221
0.0 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
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 N D J F 14
15
15 16
16 17
17
99 90 91 82 101 65 89 106 99 113 98 98 109 98 87 110
5.0 4.0 3.0
207
2.0 1.0
93
200 75
176 93
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 c o l d w e l l b a n k e r h o m e s . c o m | 11
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 Asso
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 .