FL ARCHIVED February 2017 | Page 193

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

City : Pensacola

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
$ 187,000
7 %
23 %
Average List Price of all Current Listings
$ 256,513
5 %
23 %
February Median Sales Price
$ 145,000
4 %
1 %
12 %
3 %
$ 142,900
12 %
2 %
February Average Sales Price
$ 170,286
7 %
1 %
8 %
3 %
$ 164,799
8 %
0 %
Total Properties Currently for Sale ( Inventory )
1,127
-2%
-20%
February Number of Properties Sold
255
5 %
-4%
498
3 %
February Average Days on Market ( Solds )
87
-3%
0 %
-2%
4 %
88
-4%
5 %
Asking Price per Square Foot ( based on New Listings )
$ 111
7 %
7 %
18 %
13 %
$ 108
16 %
10 %
February Sold Price per Square Foot
$ 94
2 %
1 %
13 %
6 %
$ 93
12 %
4 %
February Month ' s Supply of Inventory
4.4
-6%
4 %
-17%
5 %
4.6
-24%
8 %
February Sale Price vs List Price Ratio
94.1 %
. 4 %
. 1 %
2.1 %
. 2 %
93.9 %
2 %
-0%
* 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 255 , down 3.8 % from 265 in
February of 2016 and 4.9 % higher than the 243 sales last
450
Property month . February Sales 2017 sales were at a mid level compared to
500
400
February Property of 2016 sales and 2015 were . 255 February , down 3.8 YTD % from sales 265 of 498 in are
February running of 2.9 2016 % ahead and 4.9 of % last higher year ' than s year-to-date the 243 sales sales last of 484 . month . February 2017 sales were at a mid level compared to
450
400
350
300
February of 2016 and 2015 . February YTD sales of 498 are
350
250
running 2.9 % ahead of last year ' s year-to-date sales of 484 .
300
200

Pensacola

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
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in February was $ 145,000 , up 12.4 %
200
Prices from $ 129,000 in February of 2016 and up 3.6 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 139,900 Median last Sales month Price . in The February Average was Sales $ 145,000 Price , in up February 12.4 % was
190
200 from $ 170,286 $ 129,000 , up 8.0 in February % from $ of 157,697 2016 and in February up 3.6 % from of 2016 and up 180 $ 139,900 last month . The Average Sales Price in February was
190
7.1 % from $ 159,041 last month . February 2017 ASP was at the 170 $ 170,286 , up 8.0 % from $ 157,697 in February of 2016 and up 180 highest level compared to February of 2016 and 2015 .
160
7.1 % from $ 159,041 last month . February 2017 ASP was at the 170 150 highest level compared to February of 2016 and 2015 . 160
140 150
130 140
120 130
110
120 110
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 1,127 of , down Properties 1.7 % available from 1,146 for last sale month as of and down 2,000 February 19.8 % from was 1,406 1,127 , down in February 1.7 % from of last 1,146 year last . month February and 2017 down 2,000
9.0
19.8 Inventory % from 1,406 was at in its February lowest level of last compared year . February with February 2017 of 1,500 8.0
Inventory 2016 and was 2015 at . its lowest level compared with February of 1,500 7.0
2016 and 2015 . 6.0
1,000 5.0
1,000 A comparatively lower MSI is more beneficial for sellers while a
4.0
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
261 299 291 327 324 350 302 290 233 305 226 240 340 342 357 377 365 381 320 316 263 310 219 265 358 376 390 429 344 315 340 353 309 334 243 255
1,795 1,829 1,863 1,874 1,897 1,903 1,819 1,825 1,795 1,748 1,775 1,806 1,804 1,760 1,758 1,787 1,748 1,714 1,641 1,602 1,614 1,530 1,486
M
14
261 299 291 327 324 350 302 290 233
1,795 1,829 1,863 1,874 1,897 1,903 1,819 1,825 1,795
J A S O N D J
15
305 226
Number of Properties Sold
240 340 342 357 377 365 381 320 316
1,748 1,775 1,806 1,804 1,760 1,758 1,787 1,748 1,714 1,641 1,602 1,614
J A S O N D J
16
263 310 219
1,530 1,486 1,406 265 358 376 390 429 344 315
1,406 1,422 1,411 1,396 1,402 1,414 1,379 1,358 1,294 1,308 1,209 1,146 1,127
J A S O N D J 17
3 Mo Avg
340 353 309
1,422 1,411 1,396 1,402 1,414 1,379 1,358 1,294 1,308 1,209
3 Mo Avg
334 243
1,146 1,127
255
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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