FL ARCHIVED February 2017 | Page 60

Market Action Report February 2017
Phone Community Information | School District

City : Osprey

Price Range : All | Properties : SFH - Con

Osprey

Agent Name
Market Action Report February 2017

Phone Community Information | School District

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
$ 562,200
3 %
-5%
Average List Price of all Current Listings
$ 953,537
0 %
-7%
February Median Sales Price
$ 470,000
-10%
2 %
-6%
11 %
$ 477,000
-7%
12 %
February Average Sales Price
$ 461,184
-1%
-5% -19%
-5%
$ 463,150
-19%
-5%
Total Properties Currently for Sale ( Inventory )
210
3 %
10 %
February Number of Properties Sold
19
111 %
-24%
28
-30%
February Average Days on Market ( Solds )
102 -35% 11 % -12%
-4%
119
9 %
12 %
Asking Price per Square Foot ( based on New Listings )
$ 298
24 %
19 %
33 %
22 %
$ 263
5 %
7 %
February Sold Price per Square Foot
$ 184
-3%
-7%
-8%
-5%
$ 186
-5%
-4%
February Month ' s Supply of Inventory
11.1 -51% -30% 45 %
30 %
16.8
69 %
98 %
February Sale Price vs List Price Ratio
93.1 %
. 2 %
. 4 %
1.3 % 1.0 %
93.0 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
40
February Property sales were 19 , down 24.0 % from 25 in
February of 2016 and 111.1 % higher than the 9 sales last month .
35
Number of Properties Sold
3 Mo Avg
Property
February 2017 Sales sales were at a mid level compared to February
40 of
February
2016 and Property 2015 . February sales were YTD 19 , down sales 24.0 of 28 % are from running 25 30.0 %
February of 2016 and 111.1 % higher than the 9 sales last month .
35 behind last year ' s year-to-date sales of 40 .
February 2017 sales were at a mid level compared to February of
30
2016 and 2015 . February YTD sales of 28 are running 30.0 %
30
25
20
behind last year ' s year-to-date sales of 40 .
25
15
20
10
15
5
10
0
5
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
Prices
14
The Median Sales Price in February was $ 470,000 , down 5.6 %
900
Prices from $ 498,000 in February of 2016 and down 10.5 % from
The
$ 525,000 Median last Sales month Price . in The February Average was Sales $ 470,000 Price , in down February 5.6 % was
900
800 from
$ 461,184 $ 498,000 , down in 18.8 February % from of 2016 $ 567,944 and down in February 10.5 % from of 2016 and
$ down 525,000 1.3 last % from month $ 467,299 . The Average last month Sales . Price February in February 2017 ASP was was
800
700
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ at 461,184 a mid , down range 18.8 compared % from to $ 567,944 February in of February 2016 and of 2016 2015 and . down 1.3 % from $ 467,299 last month . February 2017 ASP was
700
600
at a mid range compared to February of 2016 and 2015 .
600
500
500 400
400 300
300
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 210 , of up Properties 3.4 % from available 203 last for month sale as and of up 9.9 %
February from 191 was in February 210 , up 3.4 of % last from year 203 . February last month 2017 and up Inventory 9.9 % was
250 from at its 191 highest in February level compared of last year with . February 2017 of Inventory 2016 and was 2015 .
200 at its highest level compared with February of 2016 and 2015 .
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
25.0
20.0
15.0
150
15.0
100
10.0
A comparatively lower MSI is more beneficial for sellers while
100 a
10.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2017 MSI while of a 11.1 higher months MSI was is better at a mid for level buyers compared . The February with February 2017 MSI of of 2016 11.1 and
50 months
2015 . was at a mid level compared with February of 2016 and
2015 .
0
50
5.0
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
M
A 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
14
15
16
17
5.0
0.0
200 194
12 200 196
27 194 174
27 196 160
Title
Website Other
25 21 14 26
151 174
155 160
167 151
175 155 188
167 189 175
12 27 27 25 21 14 26 16 9 16 9 11 12 14
Number of Properties Sold
23 27 36 32 36
186
188 193
189
188 186
174 193
157 188
150
174 157 150
133 161
133 156
136 184
161 191
156 188
172 184
166 191
164 188 163 172
153 166
151 164
155
163 175 153 181 151
203
155 210 175
133 133 136
25 23 23 15 18 15 25 30 24 33 22 19 20 20 13
11 12 14 23 27 36 32 36 25 23 23 15 18 15 25 30 24 33 22 19 20 20 13 27 13 9 19 181
27 203
3 Mo Avg
13
210 9 19
60 | c o l d w e l l b a n k e r h o m e s . c o m
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