FL ARCHIVED February 2017 | Page 161

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

County : Volusia

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
$ 257,500
7 %
23 %
Average List Price of all Current Listings
$ 379,848
8 %
31 %
February Median Sales Price
$ 159,570
6 %
1 %
16 %
6 %
$ 154,000
19 %
2 %
February Average Sales Price
$ 191,038
5 %
0 %
17 %
7 %
$ 186,274
18 %
5 %
Total Properties Currently for Sale ( Inventory )
1,267
-7%
-24%
February Number of Properties Sold
388
5 %
3 %
759
4 %
February Average Days on Market ( Solds )
69
11 %
10 % -12%
5 %
66
-15%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 131
4 %
3 %
16 %
10 %
$ 128
15 %
8 %
February Sold Price per Square Foot
$ 107
3 %
0 %
19 %
6 %
$ 106
19 %
5 %
February Month ' s Supply of Inventory
3.3 -11% -4% -26%
-9%
3.5
-25%
-3%
February Sale Price vs List Price Ratio
95.9 %
. 4 %
. 6 %
2.7 %
. 8 %
95.7 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
600
February Property sales were 388 , up 2.6 % from 378 in
February of 2016 and 4.6 % higher than the 371 sales last month .
Property
February 2017 Sales sales were at their highest level compared to
600
500
February Property of 2016 sales and 2015 were . 388 February , up 2.6 % YTD from sales 378 of in 759 are
February running of 3.7 2016 % ahead and 4.6 of % last higher year ' than s year-to-date the 371 sales sales last of month 732 . .
February 2017 sales were at their highest level compared to
500
400
February of 2016 and 2015 . February YTD sales of 759 are running 3.7 % ahead of last year ' s year-to-date sales of 732 .
400
300
300
200

Volusia Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
Number of Properties Sold
100
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 $ 159,570 , up 16.5 %
M
A M J
14
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand 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 $ 137,000 in February of 2016 and up 6.5 % from $ 149,900
The last Median month Sales . The Price Average in February Sales Price was in $ 159,570 February , up was 16.5 $ % 191,038 , from up 17.1 $ 137,000 % from in $ February 163,112 in of February 2016 and of up 2016 6.5 % and from up $ 5.4 149,900 % from
190
190
170
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 181,293 month . last The month Average . February Sales Price 2017 in February ASP was was at the $ 191,038 highest , up level 17.1 compared % from $ 163,112 to February in February of 2016 of 2016 and 2015 and up . 5.4 % from
$ 181,293 last month . February 2017 ASP was at the highest
170
150
150
130
level compared to February of 2016 and 2015 .
130
110
110
90
355 431 408 433 408 437
355 431 408 433 408 437 406 452 387 482 320 338 447 509 455 519 515 503 455 466 358 465 354 378 499 508 504 513 471 513 442 437 397 451 371 388
90 70
70 50 50
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 1,267 of , down Properties 7.4 % available from 1,368 for sale last as month of and down 2,500
7.0
February 24.2 % from was 1,267 1,671 , in down February 7.4 % from of last 1,368 year last . February month and 2017 down 2,500
7.0 6.0 2,000
24.2 Inventory % from was 1,671 at in its February lowest level of last compared year . February with February 2017 of 6.0
2,000 5.0
Inventory 2016 and was 2015 at . its lowest level compared with February of 1,500
5.0 2016 and 2015 .
4.0 1,500
4.0 1,000
3.0
A comparatively lower MSI is more beneficial for sellers while 1,000 a 3.0
2.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2017 MSI while of a 3.3 500
2.0 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 3.3 of 2016 500
1.0 months was at its lowest level compared with February of 2016 1.0 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
406 452 387
2,138 2,119 2,133 2,129 2,179 2,179 2,218 2,180 2,126 482 320
2,138 2,119 2,133 2,129 2,179 2,179 2,218 2,180 2,126 2,023 2,027 1,969 1,952 1,911 1,873 1,927 1,877
Number of Properties Sold
338 447 509 455 519 515 503 455 466 358 465 354
2,023 2,027 1,969 1,952 1,911 1,873 1,927 1,877 1,893 1,810 1,817 1,788 1,724 1,708 1,671 378 499
1,893 1,810 1,817 1,788 1,724 1,708 1,671 1,670 1,622 1,592 1,582 1,574
508 504 513 471 513
3 Mo Avg
442
1,648 1,641 1,603 1,588 1,450 1,368 1,267 437 397
1,670 1,622 1,592 1,582 1,574 1,648 1,641 1,603 1,588
1,450
3 Mo Avg
451 371
1,368 1,267
388
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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