FL ARCHIVED February 2017 | Page 17

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

County : Pasco

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
$ 227,500
6 %
24 %
Average List Price of all Current Listings
$ 268,262
4 %
19 %
February Median Sales Price
$ 170,000
6 %
0 %
22 %
5 %
$ 165,000
22 %
2 %
February Average Sales Price
$ 181,486
4 %
-2%
10 %
1 %
$ 177,828
9 %
-1%
Total Properties Currently for Sale ( Inventory )
2,340
-7%
-20%
February Number of Properties Sold
747
12 %
-2%
1,416
-2%
February Average Days on Market ( Solds )
63
-3%
3 %
-13%
0 %
64
-15%
2 %
Asking Price per Square Foot ( based on New Listings )
$ 112
3 %
2 %
14 %
9 %
$ 110
11 %
7 %
February Sold Price per Square Foot
$ 98
2 %
0 %
14 %
5 %
$ 97
13 %
3 %
February Month ' s Supply of Inventory
3.1 -17% -3% -19%
4 %
3.5
-16%
14 %
February Sale Price vs List Price Ratio
94.5 %
. 4 %
-. 2 % 1.5 %
-. 2 %
94.3 %
2 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200
February Property sales were 747 , down 1.7 % from 760 in
February of 2016 and 11.7 % higher than the 669 sales last
Property Sales
1,000 month . February 2017 sales were at a mid level compared to
1,200
February
February Property of 2016 sales and 2015 were . 747 February , down 1.7 YTD % from sales 760 of 1,416 in are
February running of
1.7 2016 % behind and 11.7 last
% year higher
' s year-to-date than the 669 sales sales of last
1,441 . month . February 2017 sales were at a mid level compared to
1,000
800
February of 2016 and 2015 . February YTD sales of 1,416 are running 1.7 % behind last year ' s year-to-date sales of 1,441 .
800
600
Prices The Median Sales Price in February was $ 170,000 , up 21.5 %
Prices from $ 139,900 in February of 2016 and up 6.3 % from The $ 160,000 Median last Sales month Price . in The February Average was Sales $ 170,000 Price , in up February 21.5 % was
200 from $ 181,486 $ 139,900 , up 10.0 in February % from of $ 164,977 2016 and in up February 6.3 % from of 2016 and up $ 160,000 last month . The Average Sales Price in February was
190 4.5 % from $ 173,744 last month . February 2017 ASP was at the $ 181,486 , up 10.0 % from $ 164,977 in February of 2016 and up 180 highest level compared to February of 2016 and 2015 . 4.5 % from $ 173,744 last month . February 2017 ASP was at the 170 highest level compared to February of 2016 and 2015 .
160 150 140 130 120 110 100

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

600 400
400 200
200
0
Number of Properties Sold
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
14
15
16
17
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
741 743 803 848 753 780 807 843 753 872 654 721 932 935 1,006 1,112 1,053 970 870 871 790 916 681 760 998 1,041 1,051 1,046 975 988 895 792 802 913 669 747
M
14 200 190 180 170 160 150 140 130 120 110 100
741 743 803 848
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
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 2,340 of , Properties down 7.4 % available from 2,528 for sale last as month of and
4,500
February down 20.3 was % 2,340 from , 2,937 down in 7.4 February % from 2,528 of last last year month . February and 2017
4,5004,000
7.0 down
Inventory 20.3 % was from at 2,937 its lowest in February level compared of last year with . February 2017 of
4,0003,500
6.0
Inventory was at its lowest level compared with February of
3,500
2016 and 2015 .
3,000
5.0
2016 and 2015 .
3,0002,500
2,500
4.0
2,000
2,000
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,500 higher MSI is better for buyers . The February 2017 MSI of 3.1
1,000
2.0 higher MSI is better for buyers . The February 2017 MSI of 3.1
1,000 months was at its lowest level compared with February of 2016
500 months was at its lowest level compared with February of 2016
500
1.0 and 2015 .
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
14
15
15
16
16
17
17
753 780 807 843 753 872 654
4,077 4,158 4,115 4,127 4,053 3,970 3,936 3,936 3,851 3,744 3,776 3,724 3,616 3,572 3,532
Number of Properties Sold
721 932 935 1,006 1,112 1,053 970 870 871 790 916 681
3,382 3,330 3,269 3,172 3,073 3,066 3,001 3,000 2,937 2,880 2,787 2,616 760 998 1,041 1,051 1,046 975
3 Mo Avg
988 895
3 Mo Avg
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
14
15
16
17
4,077 4,158 4,115 4,127 4,053 3,970 3,936 3,936 3,851 3,744 3,776 3,724 3,616 3,572 3,532 3,382 3,330 3,269 3,172 3,073 3,066 3,001 3,000
2,937 2,650
2,570 2,525 2,590 2,599 2,611 2,529 2,528 2,340 792 802
2,880 2,787 2,616 2,650 2,570 2,525 2,590 2,599 2,611 2,529
3 Mo Avg
913 669
2,528 2,340
747
7.0 6.0 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 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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