FL ARCHIVED February 2017 | Page 195

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

City : Pensacola Beach

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
$ 599,000
0 %
14 %
Average List Price of all Current Listings
$ 772,817
2 %
13 %
February Median Sales Price
$ 382,750
-15% -10% -35% -11%
$ 425,000
-9%
-1%
February Average Sales Price
$ 441,015
-26% -8% -29% -10%
$ 509,508
1 %
4 %
Total Properties Currently for Sale ( Inventory )
120
1 %
-18%
February Number of Properties Sold
22
22 %
100 %
40
25 %
February Average Days on Market ( Solds )
183
54 %
33 % -18%
24 %
154
-4%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 347
-7%
0 %
13 %
3 %
$ 359
8 %
6 %
February Sold Price per Square Foot
$ 292
-12% -6%
-1%
-3%
$ 310
5 %
4 %
February Month ' s Supply of Inventory
5.5 -17% -23% -59% -41%
6.0
-39%
-34%
February Sale Price vs List Price Ratio
93.6 %
2.0 % -. 6 % -. 1 %
. 3 %
92.8 %
0 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 22 , up 100.0 % from 11 in
February of 2016 and 22.2 % higher than the 18 sales last month . Property February 2017 Sales sales were at their highest level compared to 35
February Property of 2016 sales and 2015 were . 22 February , up 100.0 YTD % from sales 11 of in 40 are February running of 25.0 2016 % ahead and 22.2 of % last higher year ' than s year-to-date the 18 sales sales last month of 32 . . 30
February 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 40 are 25 running 25.0 % ahead of last year ' s year-to-date sales of 32 .
20

Pensacola Agent Name Beach Title Phone Website Other

Community Information | School District

15 10
35 30 25 20 15 10 5
Number of Properties Sold
5
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
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 $ 382,750 , down 35.3 %
700
Prices from $ 592,000 in February of 2016 and down 14.9 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 450,000 Median last Sales month Price . in The February Average was Sales $ 382,750 Price , in down February 35.3 % was
650
700 from
$ 441,015 $ 592,000 , down in 28.9 February % from of 2016 $ 620,659 and down in February 14.9 % from of 2016 and
600
$ 450,000 last month . The Average Sales Price in February was
650 down 25.7 % from $ 593,222 last month . February 2017 ASP was
550
$ 441,015 , down 28.9 % from $ 620,659 in February of 2016 and
600 at a mid range compared to February of 2016 and 2015 .
500 down 25.7 % from $ 593,222 last month . February 2017 ASP was
550
450 at a mid range compared to February of 2016 and 2015 .
500
400
450
350
400
300
350
250
300
250
200
200
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 120 , of up Properties 0.8 % from available 119 last for month sale as and of down 17.8 %
February from 146 was in February 120 , up 0.8 of % last from year 119 . last February month 2017 and down Inventory 17.8 % was
250 from at its 146 lowest in February level compared of last year with . February 2017 of 2016 Inventory and 2015 was .
200 at its lowest level compared with February of 2016 and 2015 .
150
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2017 MSI while of a 5.5 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 5.5 of 2016
50 months and 2015 was
. at its lowest level compared with February of 2016 and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
250
18.0
200
16.0
14.0
150
12.0
10.0
100
8.0
6.0
50
4.0
2.0
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
14 22 29 22 15 15 20 25 19 13 24 21 26 21 27 31 29 25 23 23 19 16 21 11 12 27 11 22 16 22 23 27 18 15 18 22
182
M
14
14 22
185
199 182
198 185 29 22 15 15 20 25 19
186
199
186
198
173
186
164
186
156
173
147
164
152
156
J A S O N D J
15
13 24 21
Number of Properties Sold
26 21 27 31 29 25 23
152 147
143
152 152
152 153 143 162
152 156 157
153
146 162
139 156
129 157
120 146
136 139
146 129
120 153
136 175
146 172
175 153 175 175
167 172
147 175
147 175
150 167
137 147
119 147
120 150
J A S O N D J
16
23 19 16 21 11 12 27 11 22 16 22
J A S O N D J 17
3 Mo Avg
23 27
137 18
119
3 Mo Avg
15
120 18 22
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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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