FL ARCHIVED February 2017 | Page 191

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

County : Escambia

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
$ 219,000
7 %
22 %
Average List Price of all Current Listings
$ 318,975
4 %
20 %
February Median Sales Price
$ 155,350
2 %
1 %
7 %
2 %
$ 154,000
7 %
1 %
February Average Sales Price
$ 193,110
-4%
-1%
7 %
2 %
$ 197,067
10 %
4 %
Total Properties Currently for Sale ( Inventory )
1,514
-2%
-20%
February Number of Properties Sold
330
6 %
2 %
641
3 %
February Average Days on Market ( Solds )
93
-4%
1 %
-3%
2 %
95
-6%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 125
-2%
3 %
12 %
7 %
$ 127
12 %
9 %
February Sold Price per Square Foot
$ 109
-3%
1 %
17 %
6 %
$ 111
13 %
8 %
February Month ' s Supply of Inventory
4.6
-8%
1 %
-22%
1 %
4.8
-23%
5 %
February Sale Price vs List Price Ratio
94.4 %
. 9 %
. 2 %
1.7 %
. 3 %
94.0 %
1 %
-0%
* 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 330 , up 2.5 % from 322 in
February of 2016 and 6.1 % higher than the 311 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 . 330 February , up 2.5 % YTD from sales 322 of in 641 are
February running of 3.4 2016 % ahead and 6.1 of % last higher year than ' s year-to-date the 311 sales sales last of month 620 .
February 2017 sales were at their highest level compared to
500
400
February of 2016 and 2015 . February YTD sales of 641 are running 3.4 % ahead of last year ' s year-to-date sales of 620 .
400
300
300
200

Escambia 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 $ 155,350 , up 7.2 % from
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
$ 144,950 in February of 2016 and up 1.9 % from $ 152,500 last
The month Median . The Sales Average Price Sales in February Price in was February $ 155,350 was , up $ 7.2 193,110 % from , up
$
7.1 144,950 % from in $ February 180,255 of in 2016 February and up of 1.9 2016 % from and down $ 152,500 4.1 % last from
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 201,266 . The last Average month Sales . February Price in February 2017 ASP was $ at 193,110 the highest , up
7.1 % from $ 180,255 in of 2016 and down 4.1 % from
220 level compared to February of 2016 and 2015 .
$ 201,266 last month . February 2017 ASP was at the highest
200
200
180
level compared to February of 2016 and 2015 .
180
160
160 140
140 120
336 385 394 409 396 432
Number of Properties Sold
336 385 394 409 396 432 384 371 294 369 291 298 419 438 462 474 476 476 411 406 335 400 298 322 428 462 482 527 444 407 454 434 381 411 311 330
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 1,514 of , down Properties 2.3 % available from 1,550 for sale last month as of and down
3,000
February
20.4 % from was 1,514 1,903 , down in February 2.3 % from of last 1,550 year last . February month and 2017 down
3,000
9.0
2,500
20.4
Inventory % from was 1,903 at in its February lowest level of last compared year . February with February 2017 of
8.0
2,500
Inventory
2016 and was 2015 at . its lowest level compared with February of
2,000
7.0
2016 and 2015 .
2,000
6.0
1,500
5.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The February 2017 MSI of 4.6 higher MSI is better for buyers . The February 2017 MSI of 4.6
500
2.0 months was at its lowest level compared with February of 2016
500 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
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
384 371 294
2,399 2,453 2,502 2,511 2,519 2,522 2,414 2,461 2,389
369
2,399 2,453 2,502 2,511 2,519 2,522 2,414 2,461 2,389 2,308 2,353 2,421 2,415 2,379 2,373 2,407 2,343 2,282 2,200 2,130 2,104 2,005 1,967
291 298 419 438 462 474 476 476 411 406
2,308 2,353 2,421 2,415 2,379 2,373 2,407 2,343 2,282 2,200 2,130 2,104
1,903 335 400 298
2,005 1,967 1,903 322 428 462 482 527 444 407
3 Mo Avg
454
1,967 1,951 1,914 1,891 1,916 1,878 1,834 1,760 1,779 1,670 1,550 1,514 434 381
1,967 1,951 1,914 1,891 1,916 1,878 1,834 1,760 1,779 1,670
3 Mo Avg
411 311
1,550 1,514
330
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 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 Ass 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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