FL ARCHIVED January 2017 | Page 139

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

County : Brevard

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
$ 274,900
6 %
20 %
Average List Price of all Current Listings
$ 382,973
3 %
23 %
January Median Sales Price
$ 185,000
-1%
0 %
16 %
3 %
$ 185,000
16 %
3 %
January Average Sales Price
$ 232,127
2 %
2 %
12 %
5 %
$ 232,127
12 %
5 %
Total Properties Currently for Sale ( Inventory )
2,701
-3%
-19%
January Number of Properties Sold
720 -29%
-1%
720
-1%
January Average Days on Market ( Solds )
58
18 %
12 %
-3%
7 %
58
-3%
7 %
Asking Price per Square Foot ( based on New Listings )
$ 148
4 %
4 %
9 %
9 %
$ 148
9 %
9 %
January Sold Price per Square Foot
$ 126
1 %
2 %
13 %
5 %
$ 126
13 %
5 %
January Month ' s Supply of Inventory
3.8
36 %
17 % -18%
24 %
3.8
-18%
24 %
January Sale Price vs List Price Ratio
94.5 %
-. 1 % -. 1 %
. 3 %
-. 2 %
94.5 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
January Property sales were 720 , down 1.2 % from 729 in
January of 2016 and 28.8 % lower than the 1,011 sales last
1,200
Property month . January Sales 2017 sales were at their lowest level compared
1,400
January to January Property of 2016 sales and were 2015 720 . , January down 1.2 YTD % from sales 729 of in 720 are
1,000
January running of 1.2 2016 % behind and 28.8 last % lower year ' s than year-to-date the 1,011 sales last of 729 . month . January 2017 sales were at their lowest level compared
1,200
800
to January of 2016 and 2015 . January YTD sales of 720 are
1,000
running 1.2 % behind last year ' s year-to-date sales of 729 .
600
800
400
600
400
200

Brevard Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
0
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 M J
J
A S O N D
J
0
14
15
16
17
Prices
The Median Sales Price in January was $ 185,000 , up 15.6 %
F
M A M J
14
J
A S
OMedian N D
J
F Sales M A M Price J
J
A and S O NAverage D
J
F MSales A M J Price
J
A S O N D
J
15
16
17
3 Mo Avg
Prices from $ 160,000 in January of 2016 and down 0.8 % from
The
$ 186,450 Median last Sales month Price . in The January Average was Sales $ 185,000 Price , up in January 15.6 % was from
$ 232,127 $ 160,000 , up 12.2 in January % from of $ 2016 206,970 and in down January 0.8 % of from 2016 and up
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
$
2.4 186,450 % from last $ month 226,611 . The last Average month . Sales January Price 2017 in January ASP was was at the
$ 232,127 , up 12.2 % from $ 206,970 in January of 2016 and up
220 highest level compared to January of 2016 and 2015 .
2.4 % from $ 226,611 last month . January 2017 ASP was at the
200
200
180
highest level compared to January of 2016 and 2015 .
180
160
160 140
140 120
791 983 1,018 1,060 1,071
791 983 1,018 1,060 1,071 1,070 1,044 963 1,020 791 985 763 896 1,152 1,141 1,145 1,208 1,203 1,078 1,071 916 808 1,013 729 841 1,135 1,114 1,191 1,284 1,064 1,125 1,077 888 922 1,011 720
120 100 100
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 M J J A S O N D J
F M
14 A 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
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 January Total Inventory was 2,701 of , down Properties 3.4 % available from 2,796 for last sale month as of and down 4,500
6.0
January 19.4 % from was 2,701 3,351 , down in January 3.4 % from of last 2,796 year last . January month and 2017 down 4,5004,000 6.0
5.0 19.4 Inventory % from 3,351 was at in its January lowest of level last compared year . January with 2017 January of 2016 4,0003,500
5.0 Inventory and 2015 was . at its lowest level compared with January of 2016 3,5003,000
4.0 and 2015 . 3,0002,500
4.0
2,500 3.0
2,000 3.0
A comparatively lower MSI is more beneficial for sellers while
2,000 a 1,500
2.0
A comparatively lower MSI is more beneficial for sellers while a 1,500
2.0 higher MSI is better for buyers . The January 2017 MSI of 3.8 1,000 higher MSI is better for buyers . The January 2017 MSI of 3.8 1,000
1.0 months was at its lowest level compared with January of 2016 500
1.0 months was at its lowest level compared with January of 2016 500 and 2015 .
0 0.0 and 2015 . 0
0.0 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 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 14
15 16
17 14
15 16
17
1,070 1,044
4,067 3,967 3,935 3,989 3,826 3,740 3,694 3,541 3,599 3,622 963 1,020
4,067 3,967 3,935 3,989 3,826 3,740 3,694 3,541 3,599
791 985
Number of Properties Sold
763 896 1,152 1,141 1,145 1,208
3,622 3,537 3,634 3,552 3,365 3,332 3,262 3,206 3,157
3,537 3,634 3,552 3,365 3,332 3,262 3,206 3,157 3,016 3,006 3,118 1,203 1,078 1,071 916 808 1,013
3,016 3,006 3,118 3,165 3,167 3,351 729 841 1,135 1,114 1,191 1,284
3 Mo Avg
1,064 1,125
3,165 3,167 3,351 3,305 3,212 3,132 3,048 3,166 3,047 2,910 2,838 2,827 2,887 2,796 2,701 1,077 888
3,305 3,212 3,132 3,048 3,166 3,047 2,910 2,838 2,827 2,887
3 Mo Avg
922 1,011
2,796 2,701
720
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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