FL ARCHIVED February 2017 | Page 29

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

City : Palm Harbor

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
$ 288,900
7 %
20 %
Average List Price of all Current Listings
$ 376,766
6 %
13 %
February Median Sales Price
$ 217,500
6 %
-5%
-5%
-5%
$ 213,250
6 %
-7%
February Average Sales Price
$ 243,528
-1%
-7%
4 %
-5%
$ 245,098
10 %
-5%
Total Properties Currently for Sale ( Inventory )
465
-5%
-10%
February Number of Properties Sold
132
29 %
6 %
234
7 %
February Average Days on Market ( Solds )
91
20 %
20 %
17 %
49 %
85
18 %
39 %
Asking Price per Square Foot ( based on New Listings )
$ 160
3 %
4 %
13 %
9 %
$ 158
14 %
7 %
February Sold Price per Square Foot
$ 137
3 %
-3%
7 %
1 %
$ 136
9 %
0 %
February Month ' s Supply of Inventory
3.5 -27% -7% -16%
4 %
4.2
-12%
23 %
February Sale Price vs List Price Ratio
95.0 %
-. 5 %
. 3 %
1.7 %
. 2 %
95.2 %
2 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
February Property sales were 132 , up 6.5 % from 124 in February
of 2016 and 29.4 % higher than the 102 sales last month .
Property
February 2017
Sales sales were at their highest level compared to
February Property sales were 132 , up 6.5 % from 124 in February
February of 2016 and 2015 . February YTD sales of 234 are of 2016 and 29.4 % higher than the 102 sales last month . running 6.8 % ahead of last year ' s year-to-date sales of 219 .
February 2017 sales were at their highest level compared to
250
200
200
150
February of 2016 and 2015 . February YTD sales of 234 are
running 6.8 % ahead of last year ' s year-to-date sales of 219 .
150
100

Palm Agent Harbor

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in February was $ 217,500 , down 5.2 %
Prices from $ 229,450 in February of 2016 and up 6.2 % from The $ 204,875 Median last Sales month Price . in The February Average was Sales $ 217,500 Price , in down February 5.2 % was from $ 243,528 $ 229,450 , up in 3.8 February % from $ of 234,679 2016 and in up February 6.2 % from of 2016 and 290 $ down 204,875
1.5 last % from month $ 247,130
. The Average last month
Sales . Price February in February 2017 ASP was was $ 243,528 , up 3.8 % from $ 234,679 in February of 2016 and 270 at the highest level compared to February of 2016 and 2015 . down 1.5 % from $ 247,130 last month . February 2017 ASP was 250 at the highest level compared to February of 2016 and 2015 .
230
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of
The February Total Inventory was 465 , of down Properties 4.9 % from available 489 for last sale month as of and down February was 465 , down 4.9 % from 489 last month and down 700
10.2 % from 518 in February of last year . February 2017 10.2 Inventory % from 518 was in at February its lowest of level last year compared . February with 2017 February of 600
Inventory 2016 and was 2015 at . its lowest level compared with February of 500
2016 and 2015 .
400
300 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2017 MSI of 3.5200 higher MSI is better for buyers . The February 2017 MSI of 3.5 months was at its lowest level compared with February of 2016 months was at its lowest level compared with February of 2016
100 and
and 2015
2015 .
.
0
100
50
0
210 190 170 150
50
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 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 14
Median 15 Sales Price and Average 16 Sales Price 17 3 Mo Avg Median Sales Price and Average Sales Price
290
3 Mo Avg
130 155 152 169 164 154 133 133 113 141 94 117 140 186 188 204 174 166 166 151 127 158 95 124 164 165 179 210 170 194 154 152 170 159 102 132
270 250 230 210 190 170
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 M15A 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
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
7.0
600
7.0
6.0
500
6.0
5.0
400
300
5.0
4.0
3.0
4.0
3.0
200
2.0
2.0
100
1.0
1.0
0
0.0
M
A
M AJ
MJ AJ
SJ
OA NS DO JN FDMJ
AFMM J
AJ
MA JS JO AN SD OJ
NF MD AJ
MF MJ JA AM SJ
OJ NAD
S J
OF N D J
F
14
14
15
15
16
16
17
17
0.0
596
130 155 152 169 164 154 133 133 113 141
604
602 596
610 604
598 602
614 610
595 598
631 614
621 595 590 631
572 621
562
590 575
572 564
562 563
575 560
564 556
515
563
499 560
515 556
493 515
472 499
503 515
518 493
94 117 140 186 188 204 174 166 166 151 127 158 95 124 164 165 179 210 170 194 154 152
472 541
538 503
529 518
528 541
539 538 554
529 518
528 526
539 534
554 494
518 489
526 465
534 170 494
159
489 102
465
132
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 Asso 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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