FL ARCHIVED February 2017 | Page 151

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

City : Palm Coast

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
$ 276,900
1 %
3 %
Average List Price of all Current Listings
$ 411,179
-1%
5 %
February Median Sales Price
$ 201,500
6 %
-1%
18 %
6 %
$ 193,000
10 %
1 %
February Average Sales Price
$ 225,532
2 %
-5%
11 %
-3%
$ 222,944
5 %
-4%
Total Properties Currently for Sale ( Inventory )
939
1 %
-17%
February Number of Properties Sold
126
-2%
-28%
255
-14%
February Average Days on Market ( Solds )
84
24 %
-2%
-7%
0 %
76
-19%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 140
-4%
-1%
10 %
1 %
$ 143
5 %
4 %
February Sold Price per Square Foot
$ 124
5 %
1 %
16 %
5 %
$ 121
12 %
3 %
February Month ' s Supply of Inventory
7.5
3 %
16 %
16 %
36 %
7.3
-5%
33 %
February Sale Price vs List Price Ratio
96.8 %
. 0 %
. 3 %
. 6 %
. 4 %
96.8 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
February Property sales were 126 , down 28.0 % from 175 in
February of 2016 and 2.3 % lower than the 129 sales last month .
Property
February 2017 Sales sales were at their lowest level compared to
300
250
February Property of 2016 sales and 2015 were . 126 February , down 28.0 YTD % sales from of 175255 in are
February running of 13.9 2016 % behind and 2.3 last % lower year than ' s year-to-date the 129 sales sales last of month 296 ..
February 2017 sales were at their lowest level compared to
250
200
February of 2016 and 2015 . February YTD sales of 255 are running 13.9 % behind last year ' s year-to-date sales of 296 .
200
150
150
100

Palm Agent Coast

Name
Title Phone Website Other

Community Information | School District

100 50
Number of Properties Sold
50 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
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in February was $ 201,500 , up 17.8 %
300
Prices from $ 171,000 in February of 2016 and up 6.4 % from $ 189,430 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in February Sales Price was in $ 201,500 February , up was 17.8 $ % 225,532 ,
280
300 from up 10.8 $ 171,000 % from in $ February 203,576 of in 2016 February and up of 6.4 2016 % from and up $ 189,430 2.3 % from 260 last month . The Average Sales Price in February was $ 225,532 ,
280
$ 220,417 last month . February 2017 ASP was at the highest 240 up 10.8 % from $ 203,576 in February of 2016 and up 2.3 % from 260 level compared to February of 2016 and 2015 .
220
$ 220,417 last month . February 2017 ASP was at the highest 240 200 level compared to February of 2016 and 2015 . 220
180 200
160 180
140 160
120
140 120
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 939 , of up Properties 1.1 % from available 929 last for month sale as and of down 1,400
12.0
February 16.8 % from was 1,129 939 , up in 1.1 February % from 929 of last year month . February and down 2017 1,4001,200 12.0
10.0
16.8 Inventory % from 1,129 was at in its February lowest level of last compared year . February with February 2017 of 1,200 1,000
10.0 Inventory 2016 and was 2015 at . its lowest level compared with February of
8.0 1,000
2016 and 2015 . 800
8.0
800 6.0
600 6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
400 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The February 2017 MSI of 7.5 400 higher months MSI was is better at a mid for level buyers compared . The February with February 2017 MSI of of 2016 7.5 and
200 2.0
2.0 months was at a mid level compared with February of 2016 and
200 2015 .
0 0.0
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
A J F M A M J
F M A M J F
14 15
16 17
167 211 215 194 213 195 193 181 172 211 122 148 219 225 221 230 236 215 202 200 153 190 121 175 202 184 234 249 221 224 194 184 159 192 129 126
1,273 1,288 1,289 1,265 1,211 1,203 1,206 1,187 1,201 1,164 1,231 1,232 1,190 1,184 1,168 1,170 1,143 1,114 1,108 1,078
M
14
167 211 215 194 213 195 193 181 172
J A S O N D J
15
211 122
Number of Properties Sold
148 219 225 221 230
1,273 1,288 1,289 1,265 1,211 1,203 1,206 1,187 1,201 1,164 1,231 1,232 1,190 1,184 1,168 1,170 1,143 236 215 202
J A S O N D J
16
200 153 190 121 175 202 184 234 249 221 224
1,057 1,012 1,084 1,129 1,156 1,107 1,088 1,052 1,018 1,036 1,002 921 928 884 929
J A S O N D J 17
3 Mo Avg
194
1,114 1,108 1,078 1,057 1,012 1,084 1,129 1,156 1,107 1,088 1,052 1,018 1,036 1,002 921 928
939
184 159 192
884 929 939
3 Mo Avg
129
126
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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