FL ARCHIVED February 2017 | Page 205

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

City : Niceville

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
$ 320,000
4 %
7 %
Average List Price of all Current Listings
$ 348,933
2 %
-0%
February Median Sales Price
$ 278,500
-0%
-1%
-8%
-5%
$ 278,500
-4%
-5%
February Average Sales Price
$ 300,223
-4%
-5%
1 %
-4%
$ 305,599
7 %
-2%
Total Properties Currently for Sale ( Inventory )
163
-9%
-29%
February Number of Properties Sold
42
24 %
-13%
76
1 %
February Average Days on Market ( Solds )
64
10 % -11% -33% -10%
61
-31%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 155
1 %
2 %
12 %
5 %
$ 154
9 %
5 %
February Sold Price per Square Foot
$ 141
-6%
-3%
4 %
0 %
$ 145
8 %
3 %
February Month ' s Supply of Inventory
3.9 -27% -6% -18%
2 %
4.6
-29%
21 %
February Sale Price vs List Price Ratio
96.7 %
. 3 %
. 3 %
2.7 %
. 7 %
96.6 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
February Property sales were 42 , down 12.5 % from 48 in
February of 2016 and 23.5 % higher than the 34 sales last month .
Property
February 2017 Sales sales were at a mid level compared to February
120 of
100
February
2016 and Property 2015 . February sales were YTD 42 , down sales 12.5 of 76 % are from running 48 1.3 %
February ahead of of last 2016 year and ' s year-to-date 23.5 % higher sales than of the 75 34 . sales last month .
February 2017 sales were at a mid level compared to February of
100
80
2016 and 2015 . February YTD sales of 76 are running 1.3 % ahead of last year ' s year-to-date sales of 75 .
80
60
60
40
40

Niceville

Agent Name
20
Number of Properties Sold
20 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 $ 278,500 , down 8.2 %
400
Prices from $ 303,250 in February of 2016 and down 0.5 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 279,800 Median last Sales month Price . in The February Average was Sales $ 278,500 Price , in down February 8.2 % was
380
400 from $ 300,223 $ 303,250 , up in 1.3 February % from $ of 296,408 2016 and in down February 0.5 % of from 2016 and 360 $ 279,800 last month . The Average Sales Price in February was
380
down 3.8 % from $ 312,241 last month . February 2017 ASP was 340 $ 300,223 , up 1.3 % from $ 296,408 in of 2016 and 360 at the highest level compared to February of 2016 and 2015 . 320 down 3.8 % from $ 312,241 last month . February 2017 ASP was 340
300 at the highest level compared to February of 2016 and 2015 . 320
280 300
260 280
240 260
220
240 220
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 163 , of down Properties 9.4 % from available 180 for last sale month as of and down 350
10.0
February 28.5 % from was 163 228 , down in February 9.4 % from of last 180 year last . month February and 2017 down 350 300 10.0
8.0 28.5 Inventory % from was 228 at in February its lowest of level last compared year . February with 2017 February of 300
250 8.0
Inventory 2016 and was 2015 at . its lowest level compared with February of 250
2016 and 2015 . 200
6.0
200 6.0
150 4.0
A comparatively lower MSI is more beneficial for sellers while 150 a 100 4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2017 MSI while of a 3.9100 2.0 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 3.9 of 2016 50
2.0 months was at its lowest level compared with February of 2016 50 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
45 46 67 70 72 57 53 62 42 59 31 36 72 77 77 97 104 73 57 43 26 54 27 48 68 61 65 106 68 71 73 65 55 50 34 42
314
M 14
294 45 314 290
46 294 304
67
Title Phone Website Other

Community Information | School District

70 72 57 53 62
298 290
312 304
311 298
308 312
289 311 279 308
282 289
J A S O N D J 15
42 279
59
255 267
31
Number of Properties Sold
36 72 77 77 97 104 73 57
282
281 255 274
267 270
281
250 250
274
238 270
230 250
233 250
221 238
223 230
228 233
235 221
223 258
242 228
254 235 244 258
208 242
198 254
193 244
183 208
162 198
180 193
163 183
J A S O N D J
16
43 26 54 27 48 68 61 65 106 68 71
J A S O N D J 17
3 Mo Avg
73 65
162 55 180
3 Mo Avg
50
163 34 42
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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