FL ARCHIVED February 2017 | Page 199

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

City : Crestview

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
$ 219,338
2 %
13 %
Average List Price of all Current Listings
$ 234,666
2 %
24 %
February Median Sales Price
$ 179,000
4 %
7 %
13 %
7 %
$ 173,660
10 %
4 %
February Average Sales Price
$ 172,711
4 %
2 %
7 %
2 %
$ 170,193
12 %
1 %
Total Properties Currently for Sale ( Inventory )
356
-1%
-26%
February Number of Properties Sold
75
36 %
15 %
130
7 %
February Average Days on Market ( Solds )
106
20 %
2 %
-24%
2 %
98
-22%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 99
-11% -1%
8 %
5 %
$ 104
14 %
11 %
February Sold Price per Square Foot
$ 86
-2%
0 %
8 %
1 %
$ 87
13 %
2 %
February Month ' s Supply of Inventory
4.7 -28% -6% -36%
-9%
5.7
-26%
8 %
February Sale Price vs List Price Ratio
94.3 %
-. 4 % -1.2% . 6 %
-1.1%
94.5 %
1 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
February Property sales were 75 , up 15.4 % from 65 in February
of 2016 and 36.4 % higher than the 55 sales last month .
120
Property
February 2017 Sales sales were at a mid level compared to February
140 of
February
2016 and Property 2015 . February sales were YTD 75 , up sales 15.4 of % 130 from are 65 running February 7.4 %
100
of ahead 2016 and of last 36.4 year % higher ' s year-to-date than the 55 sales sales of last 121 . month .
February 2017 sales were at a mid level compared to February of
120
80
2016 and 2015 . February YTD sales of 130 are running 7.4 %
100
ahead of last year ' s year-to-date sales of 121 .
60
80
40
60
40
20

Crestview

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
0
20 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 $ 179,000 , up 12.9 %
200
Prices from $ 158,500 in February of 2016 and up 3.6 % from $ 172,840 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in February Sales Price was in $ 179,000 February , up was 12.9 $ % 172,711 ,
190
200 from up 7.5 $ 158,500 % from in $ 160,677 February in of February 2016 and of up 2016 3.6 % and from up $ 3.6 172,840 % from 180 last month . The Average Sales Price in February was $ 172,711 ,
190
$ 166,759 last month . February 2017 ASP was at the highest 170 up 7.5 % from $ 160,677 in February of 2016 and up 3.6 % from 180 level compared to February of 2016 and 2015 .
160
$ 166,759 last month . February 2017 ASP was at the highest 170 150 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 356 , of down Properties 1.4 % from available 361 last for sale month as of and down 700
12.0
February 26.0 % from was 356 481 , in down February 1.4 % from of last 361 year last . month February and 2017 down 700 600 12.0
10.0 26.0 Inventory % from was 481 in at February its lowest of level last compared year . February with 2017 February of 600
500 10.0
Inventory 2016 and was 2015 at . its lowest level compared with February of 8.0
500 2016 and 2015 .
400 8.0
400 6.0
300 6.0
A comparatively lower MSI is more beneficial for sellers while 300 a 4.0
200 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The February 2017 MSI of 4.7200 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 4.7 of 2016
100 2.0
2.0 months was at its lowest level compared with February of 2016
100 and 2015 .
0 0.0 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
59 59 79 88 80 68 83 76 70 64 63 76 80 87 97 105 80 88 84 76 71 81 56 65 82 100 100 113 102 119 104 85 75 102 55 75
608 587
587 608
609 587
626 587
609 609
586 626
594 609
585 586 559 594
561 585
542 559
534 561
520 542
538 534 586 520 595 566
538
518 586
511 595
479 566
467 518
443 511
481 479
486 467
443 520
528 481
508 486 493 520
454 528
424 508
402 493
382 454
396 424
361 402
356
382
M
14
59 59 79 88 80 68 83 76
J A S O N D J
15
70 64 63
Number of Properties Sold
76 80 87 97 105 80 88 84
J A S O N D J
16
76 71 81 56 65 82 100 100 113 102 119
J A S O N D J 17
3 Mo Avg
104 85
396 75 361
3 Mo Avg
102
356 55 75
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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