FL ARCHIVED February 2017 | Page 174

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

City : Kissimmee

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
$ 240,000
2 %
15 %
Average List Price of all Current Listings
$ 266,593
2 %
15 %
February Median Sales Price
$ 175,500
-5%
-3%
10 %
0 %
$ 180,000
13 %
3 %
February Average Sales Price
$ 183,659
-6%
-5%
9 %
-1%
$ 189,411
11 %
2 %
Total Properties Currently for Sale ( Inventory )
1,332
-8%
-20%
February Number of Properties Sold
304
7 %
8 %
587
10 %
February Average Days on Market ( Solds )
79
13 %
7 %
-5%
1 %
75
-18%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 116
0 %
1 %
8 %
5 %
$ 116
9 %
5 %
February Sold Price per Square Foot
$ 105
0 %
0 %
11 %
4 %
$ 105
12 %
4 %
February Month ' s Supply of Inventory
4.4 -14% -2% -26%
-7%
4.7
-25%
1 %
February Sale Price vs List Price Ratio
94.4 %
-. 4 % -. 9 % -1.0% -1.3%
94.6 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
February Property sales were 304 , up 7.8 % from 282 in
February of 2016 and 7.4 % higher than the 283 sales last month .
450
Property
February 2017 Sales sales were at a mid level compared to February
500 of
400
February
2016 and Property 2015 . February sales were YTD 304 , sales up 7.8 of % 587 from are 282 running 10.1 %
450
February ahead of of last 2016 year and ' s year-to-date 7.4 % higher than sales the of 283 533 . sales last month .
February 2017 sales were at a mid level compared to February of
400
350
300
2016 and 2015 . February YTD sales of 587 are running 10.1 %
350
250
ahead of last year ' s year-to-date sales of 533 .
300
200

Kissimmee

Agent Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
200
100
150
50
100
0
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
0
14
15
16
17
Prices
The Median Sales Price in February was $ 175,500 , up 9.7 % from
Prices
$ 160,000 in February of 2016 and down 4.6 % from $ 184,000
The last Median month Sales . The Price Average in February Sales Price was in $ 175,500 February , up was 9.7 % $ 183,659 from ,
200
$ up 160,000 9.1 % from in February $ 168,343 of 2016 in February and down of 4.6 2016 % from and down $ 184,000 6.1 % last month . The Average Sales Price in February was $ 183,659 ,
190 from $ 195,589 last month . February 2017 ASP was at the up 9.1 % from $ 168,343 in February of 2016 and down 6.1 %
180 highest level compared to February of 2016 and 2015 . from $ 195,589 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
M
A M J
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
14
15
16
17
3 Mo Avg
200
Median Sales Price and Average Sales Price
190
3 Mo Avg
180
170
160
150
140
130
120
110
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 1,332 of , Properties down 7.6 % available from 1,442 for sale last as month of and down
2,500
February
20.3 % from was 1,332 1,672 , in down February 7.6 % from of last 1,442 year last . February month and 2017 down
2,500
9.0
2,000
20.3
Inventory % from was 1,672 at in its February lowest level of last compared year . February with February 2017 of
8.0
2,000
Inventory
2016 and was 2015 at . its lowest level compared with February of
7.0
1,500
2016 and 2015 .
6.0
1,500
5.0
1,000
A comparatively lower MSI is more beneficial for sellers while
4.0
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
3.0 higher MSI is better for buyers . The February 2017 MSI of 4.4
500 higher MSI is better for buyers . The February 2017 MSI of 4.4
500
2.0 months was at its lowest level compared with February of 2016 months was at its lowest level compared with February of 2016
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
A J
F M A M J
F M A M J
F
14
15
16
17
290 320 357 353 324 301 346 355 271 362 232 308 359 356 371 476 380 391 338 352 280 317 251 282 351 389 408 360 403 372 320 284 319 355 283 304
1,769 1,791 1,812 1,807 1,833 1,898 1,904 1,976 1,990 1,876 1,868 1,895 1,881 1,812 1,828 1,778 1,771 1,743 1,717 1,731 1,734 1,697 1,683 1,672 1,672 1,595 1,523
M
14
290 320 357 353 324 301 346 355 271
1,769 1,791 1,812 1,807 1,833 1,898 1,904 1,976 1,990
J A S O N D J
15
362 232
Number of Properties Sold
308 359 356 371 476 380 391 338 352
J A S O N D J
16
280 317 251
1,876 1,868 1,895 1,881 1,812 1,828 1,778 1,771 1,743 1,717 1,731 1,734 1,697 1,683 1,672 282 351 389 408 360 403 372
1,493 1,489 1,523 1,573 1,556 1,515 1,412 1,442 1,332
J A S O N D J 17
3 Mo Avg
320 284 319
1,672 1,595 1,523 1,493 1,489 1,523 1,573 1,556 1,515 1,412
3 Mo Avg
355 283
1,442 1,332
304
9.0 8.0 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
174 | c o l d w e l l b a n k e r h o m e s . c o m
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 .