FL ARCHIVED February 2017 | Page 139

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

County : Brevard

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
$ 285,000
8 %
19 %
Average List Price of all Current Listings
$ 393,513
6 %
24 %
February Median Sales Price
$ 193,250
5 %
4 %
21 %
7 %
$ 187,250
17 %
4 %
February Average Sales Price
$ 236,969
3 %
3 %
17 %
7 %
$ 233,552
14 %
5 %
Total Properties Currently for Sale ( Inventory )
2,698
-4%
-18%
February Number of Properties Sold
774
3 %
-8%
1,526
-3%
February Average Days on Market ( Solds )
60
3 %
11 %
-5%
11 %
59
-3%
9 %
Asking Price per Square Foot ( based on New Listings )
$ 147
0 %
2 %
13 %
8 %
$ 147
11 %
8 %
February Sold Price per Square Foot
$ 127
1 %
2 %
15 %
6 %
$ 127
14 %
6 %
February Month ' s Supply of Inventory
3.5
-7%
4 %
-11%
14 %
3.6
-15%
19 %
February Sale Price vs List Price Ratio
94.6 %
. 0 %
. 0 %
. 7 %
-. 1 %
94.6 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
February Property sales were 774 , down 8.0 % from 841 in
February of 2016 and 2.9 % higher than the 752 sales last month .
1,200
Property
February 2017 Sales sales were at their lowest level compared to
1,400
February Property of 2016 sales and 2015 were . 774 February , down 8.0 YTD % from sales 841 of 1,526 in are
1,000
February running of 2.8 2016 % behind and 2.9 last % higher year ' s than year-to-date the 752 sales sales last of 1,570 month . .
February 2017 sales were at their lowest level compared to
1,200
800
February of 2016 and 2015 . February YTD sales of 1,526 are
1,000
running 2.8 % behind last year ' s year-to-date sales of 1,570 .
600
800
400
600
400
200

Brevard Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
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 $ 193,250 , up 20.8 %
M
A M J
14
J
A S O
NMedian D
J
F M Sales A M J Price
J A S and O N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
3 Mo Avg
Prices from $ 160,000 in February of 2016 and up 4.8 % from
The
$ 184,403 Median last Sales month Price . in The February Average was Sales $ 193,250 Price , in up February 20.8 % was from
$ 236,969 $ 160,000 , up in 17.2 February % from of $ 202,234 2016 and in up February 4.8 % from of 2016 and up
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
$
3.0 184,403 % from last $ month 230,035 . The last Average month . Sales February Price in 2017 February ASP was at the
$ 236,969 , up 17.2 % from $ 202,234 in February of 2016 and up
220 highest level compared to February of 2016 and 2015 .
3.0 % from $ 230,035 last month . February 2017 ASP was at the
200
200
180
highest level compared to February of 2016 and 2015 .
180
160
160 140
140 120
983 1,018 1,060 1,071 1,070
983 1,018 1,060 1,071 1,070 1,044 963 1,020 791 985 763 896 1,152 1,141 1,146 1,208 1,203 1,078 1,071 916 810 1,013 729 841 1,135 1,114 1,191 1,284 1,065 1,125 1,077 888 923 1,014 752 774
120 100 100
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
M A
14 M J J A S O N D J F M
15 A M J J A S O N D J F M
16 A M J J A S O N D J F
17
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 2,698 of , Properties down 4.4 % available from 2,823 for sale last as month of and 4,500
6.0
February down 18.4 was % 2,698 from , 3,307 down in 4.4 February % from 2,823 of last last year month . February and 2017 4,5004,000 6.0
5.0 down Inventory 18.4 % was from at 3,307 its lowest in February level compared of last year with . February 2017 of 4,0003,500
5.0 Inventory 2016 and was 2015 at . its lowest level compared with February of 3,5003,000
4.0
2016 and 2015 . 3,0002,500
4.0
2,500 3.0
2,000 3.0
A comparatively lower MSI is more beneficial for sellers while
2,000 a 1,500
2.0
A comparatively lower MSI is more beneficial for sellers while a 1,500
2.0 higher MSI is better for buyers . The February 2017 MSI of 3.5 1,000 higher MSI is better for buyers . The February 2017 MSI of 3.5 1,000
1.0 months was at its lowest level compared with February of 2016 500
1.0 months was at its lowest level compared with February of 2016 500 and 2015 .
0 0.0 and 2015 . 0
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
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 N D J F 14
15 16
17 14
15 16
17
1,044 963 1,020 791
3,967 3,935 3,989 3,826 3,741 3,696 3,543 3,601 3,624
985 763
3,967 3,935 3,989 3,826 3,741 3,696 3,543 3,601 3,624 3,539 3,635 3,553 3,366 3,333 3,264
Number of Properties Sold
896 1,152 1,141 1,146 1,208 1,203 1,078 1,071 916 810 1,013
3 Mo Avg
3,208 3,159 3,017 3,007 3,119 3,165 3,168 3,352 3,307 3,214 3,136 3,053 3,172 3,052 2,916 2,856 2,862 2,931 2,869 2,823 2,698
729
3,539 3,635 3,553 3,366 3,333 3,264 3,208 3,159 3,017 3,007 3,119 3,165 3,168 3,352 3,307 841 1,135 1,114 1,191 1,284 1,065 1,125 1,077 888 923
3,214 3,136 3,053 3,172 3,052 2,916 2,856 2,862 2,931 2,869
3 Mo Avg
1,014 752
2,823 2,698
774
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 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 .
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