FL ARCHIVED February 2017 | Page 176

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

County : Seminole

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
$ 349,000
8 %
21 %
Average List Price of all Current Listings
$ 429,670
7 %
19 %
February Median Sales Price
$ 215,000
-3%
-3%
8 %
-5%
$ 216,000
8 %
-5%
February Average Sales Price
$ 251,377
2 %
1 %
9 %
-1%
$ 249,174
7 %
-2%
Total Properties Currently for Sale ( Inventory )
1,047
-8%
-33%
February Number of Properties Sold
391
9 %
1 %
751
-6%
February Average Days on Market ( Solds )
63
9 %
11 % -16%
13 %
60
-17%
7 %
Asking Price per Square Foot ( based on New Listings )
$ 139
2 %
3 %
10 %
8 %
$ 138
11 %
7 %
February Sold Price per Square Foot
$ 124
1 %
1 %
14 %
3 %
$ 123
12 %
3 %
February Month ' s Supply of Inventory
2.7 -15%
0 %
-34%
-4%
2.9
-26%
5 %
February Sale Price vs List Price Ratio
94.7 % -1.7% -. 8 % 1.2 % -1.0%
95.4 %
2 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Seminole Agent County

Name
Title Phone Website Other

Community Information | School District

Property Sales
800
February Property sales were 391 , up 0.8 % from 388 in
February of 2016 and 8.6 % higher than the 360 sales last
700
Number of Properties Sold
3 Mo Avg
Property month . February Sales 2017 sales were at a mid level compared to
800
February Property of 2016 sales and 2015 were . 391 February , up 0.8 % YTD from sales 388 of in 751 are
February running of 5.72016 % behind and 8.6 last % higher year ' s than year-to-date the 360 sales last of 796 .
700 month . February 2017 sales were at a mid level compared to
February of 2016 and 2015 . February YTD sales of 751 are
600
600
500
400
running 5.7 % behind last year ' s year-to-date sales of 796 .
500
300
400
200
300
100
200
0
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
0
14
15
16
17
Prices
The Median Sales Price in February was $ 215,000 , up 7.9 %
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 $ 199,250 in February of 2016 and down 2.9 % from
The
$ 221,397 Median last Sales month Price . in The February Average was Sales $ 215,000 Price , in up February 7.9 % was from
$ 251,377 $ 199,250 , up 9.3 in February % from $ of 229,971 2016 and in February down 2.9 % of from 2016 and up
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$
1.9 221,397 % from last $ month 246,782 . The last Average month . Sales February Price in 2017 February ASP was was at the
$ 251,377 , up 9.3 % from $ 229,971 in February of 2016 and up
270 highest level compared to February of 2016 and 2015 .
1.9 % from $ 246,782 last month . February 2017 ASP was at the
250
250
230
highest level compared to February of 2016 and 2015 .
230
210
210 190
190 170
456 525 511 564 567 555
456 525 511 564 567 555 525 533 414 469 384 433 569 571 595 714 723 590 554 500 423 574 408 388 551 568 610 735 665 638 571 506 447 536 360 391
170
150
150
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
The
February Total Inventory was 1,047 of , Properties down 7.6 % available from 1,133 for last sale month as of and down
2,500
February
33.1 % from was 1,566 1,047 , in down February 7.6 % from of last 1,133 year last . February month and 2017 down
2,500
2,000
33.1
Inventory % from 1,566 was at in its February lowest level of last compared year . February with February 2017 of
2,000
Inventory
2016 and was 2015 at . its lowest level compared with February of
1,500
2016 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
6.0
5.0
4.0
3.0
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
2.0 higher MSI is better for buyers . The February 2017 MSI of 2.7
500 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 2.7 of 2016
500
1.0 months and 2015 was
. at its lowest level compared with February of 2016
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
2.0
1.0
0.0
525 533 414
2,038 2,054 2,063 2,112 2,204 2,213 2,158 2,150 2,074 469 384
2,038 2,054 2,063 2,112 2,204 2,213 2,158 2,150 2,074 1,982 1,937 1,880 1,909 1,965
Number of Properties Sold
433 569 571 595 714 723 590 554
1,982 1,937 1,880 1,909 1,965 1,986 1,979 1,999 1,924 1,880 1,829
500
1,986 1,979 1,999 1,924 1,880 1,829 1,688 1,587 1,564 1,566 423 574 408
1,688 1,587 1,564 1,566 388 551 568 610 735 665 638 571
1,532 1,565 1,521 1,572 1,566 1,526 1,455 1,434 1,332 1,176 1,133 1,047
506
1,532 1,565 1,521 1,572 1,566 1,526 1,455 1,434 1,332
447 1,176
3 Mo Avg
536 360
1,133 1,047
391
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176 | 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 .