FL ARCHIVED February 2017 | Page 209

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

City : Gulf Breeze

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
$ 315,000
13 %
17 %
Average List Price of all Current Listings
$ 464,965
7 %
18 %
February Median Sales Price
$ 220,775
-5%
-3%
6 %
-2%
$ 227,000
17 %
0 %
February Average Sales Price
$ 291,987
3 %
6 %
11 %
10 %
$ 287,664
22 %
9 %
Total Properties Currently for Sale ( Inventory )
301
-2%
-29%
February Number of Properties Sold
51
-6%
-31%
105
-9%
February Average Days on Market ( Solds )
76 -22% -14% -32% -15%
87
-24%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 159
14 %
7 %
22 %
20 %
$ 148
17 %
11 %
February Sold Price per Square Foot
$ 135
3 %
8 %
16 %
11 %
$ 133
17 %
10 %
February Month ' s Supply of Inventory
5.9
4 %
9 %
3 %
31 %
5.8
-25%
28 %
February Sale Price vs List Price Ratio
95.3 % -1.5% -. 8 % -1.5% -1.1%
96.1 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Gulf Breeze

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales 160
February Property sales were 51 , down 31.1 % from 74 in Number of Properties Sold
3 Mo Avg
February of 2016 and 5.6 % lower than the 54 sales last month . 140 Property February 2017 Sales sales were at their lowest level compared to 160
120
February Property of 2016 sales and 2015 were . 51 February , down 31.1 YTD % from sales 74 of in 105 are February of 2016 and 5.6 % lower than the 54 sales last month . 140 running 9.5 % behind last year ' s year-to-date sales of 116 . 100 February 2017 sales were at their lowest level compared to
120 February of 2016 and 2015 . February YTD sales of 105 are
80 running 9.5 % behind last year ' s year-to-date sales of 116 . 100 60
80 40
60 20
40 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 $ 220,775 , up 5.6 %
350
Prices from $ 209,159 in February of 2016 and down 5.0 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 232,500 Median last Sales month Price . in The February Average was Sales $ 220,775 Price , in up February 5.6 % was
330
350 from $ 291,987 $ 209,159 , up in 11.3 February % from of $ 262,439 2016 and in down February 5.0 % of from 2016 and up 310 $ 232,500 last month . The Average Sales Price in February was
330
3.0 % from $ 283,582 last month . February 2017 ASP was at the 290 $ 291,987 , up 11.3 % from $ 262,439 in February of 2016 and up 310 highest level compared to February of 2016 and 2015 .
270
3.0 % from $ 283,582 last month . February 2017 ASP was at the 290 250 highest level compared to February of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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 301 , of down Properties 1.6 % from available 306 for last sale month as of and down 600
14.0
February 29.3 % from was 301 426 , in down February 1.6 % from of last 306 year last . month February and 2017 down 600 14.0
500 12.0
29.3 Inventory % from was 426 in at February its lowest of level last compared year . February with 2017 February of 500 12.0
10.0 Inventory 2016 and was 2015 at . its lowest level compared with February of 400
10.0 2016 and 2015 .
400 8.0
300 8.0
300 6.0
A comparatively lower MSI is more beneficial for sellers while a 200 6.0
A comparatively lower MSI is more beneficial for sellers while a 200
4.0 higher MSI is better for buyers . The February 2017 MSI of 5.9
4.0 higher months MSI was is better at a mid for level buyers compared . The February with February 2017 MSI of of 2016 5.9 100 and
2.0 100 months was at a mid level compared with February of 2016 and 2.0
2015 . 0
0.0 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
70 76 76 74 86 93 64 55 54 64 44 58 83 113 104 109 100 84 73 82 50 62 42 74 87 88 108 143 110 94 105 73 67 62 54 51
489
M
14
70 76
504
521 489
518 504 76 74 86 93 64 55
498 521
507 518
507 498
525 507
520 507 507
525 559 520
J A S O N D J
15
54 64 44
Number of Properties Sold
58 83 113 104 109 100 84 73
534 507
517 559
497 534
516 517
474
497 458 448
516
422 474
413 458
399 448
398 422
405 413
426 399
419 398
420 405
381 426
367 419 355 420
329 381
308 367
316 355
296 329
290
308 306
316
301 296
J A S O N D J
16
82 50 62 42 74 87 88 108 143 110 94
J A S O N D J
17
105 73
290 67 306
3 Mo Avg
62
301 54 51
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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