FL ARCHIVED January 2017 | Page 143

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

City : Melbourne

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
$ 275,000
2 %
11 %
Average List Price of all Current Listings
$ 351,783
3 %
15 %
January Median Sales Price
$ 213,000
9 %
7 %
17 %
4 %
$ 213,000
17 %
4 %
January Average Sales Price
$ 257,369
11 %
7 %
17 %
9 %
$ 257,369
17 %
9 %
Total Properties Currently for Sale ( Inventory )
548
-4%
-20%
January Number of Properties Sold
178 -23%
2 %
178
2 %
January Average Days on Market ( Solds )
55
10 %
17 %
-5%
12 %
55
-5%
12 %
Asking Price per Square Foot ( based on New Listings )
$ 142
9 %
5 %
15 %
8 %
$ 142
15 %
8 %
January Sold Price per Square Foot
$ 129
5 %
5 %
17 %
9 %
$ 129
16 %
8 %
January Month ' s Supply of Inventory
3.1
24 %
7 %
-22%
14 %
3.1
-22%
14 %
January Sale Price vs List Price Ratio
94.9 %
. 5 %
. 3 %
. 4 %
-. 3 %
94.9 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
350
January Property sales were 178 , up 2.3 % from 174 in January
of 2016 and 22.6 % lower than the 230 sales last month . January
300
Property
2017 sales Sales were at a mid level compared to January of 2016 and
350
January
2015 . January Property YTD sales sales were of 178 178 , up are 2.3 running % from 174 2.3 in % January ahead of last
250
of year 2016 ' s year-to-date and 22.6 % lower sales than of 174 the . 230 sales last month . January
2017 sales were at a mid level compared to January of 2016 and
300
200
2015 . January YTD sales of 178 are running 2.3 % ahead of last
250
year ' s year-to-date sales of 174 .
150
200
100
150
100
50

Melbourne

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
184 225 226 243 219 237 261 218 225 177 235 180 204 254 216 260 270 279 247 227 197 192 207 174 182 262 260 278 292 284 237 253 209 199 230 178
773
184 225 226 243 219 237 261 218 225 177
Number of Properties Sold
50
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 $ 213,000 , up 16.7 %
Prices from $ 182,500 in January of 2016 and up 9.0 % from $ 195,500
The last Median month Sales . The Price Average in January Sales Price was $ in 213,000 January , up was 16.7 $ % 257,369 ,
300 from up 16.9 $ 182,500 % from in $ January 220,224 of in 2016 January and up of 2016 9.0 % and from up $ 195,500 10.7 % from last month . The Average Sales Price in January was $ 257,369 ,
280
$ 232,556 last month . January 2017 ASP was at the highest level up 16.9 % from $ 220,224 in January of 2016 and up 10.7 % from
260 compared to January of 2016 and 2015 .
$ 232,556 last month . January 2017 ASP was at the highest level
240 compared to January of 2016 and 2015 .
220
200
180
160
140
120
100
F
M A M J
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
14
15
16
17
3 Mo Avg
300
Median Sales Price and Average Sales Price
280
3 Mo Avg
260
240
220
200
180
160
140
120
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
The
January Total Inventory was 548 , down of Properties 4.2 % from available 572 last for sale month as of and down
January
20.1 % from was 548 686 , down in January 4.2 % from of last 572 year last . month January and 2017 down Inventory
900
20.1 was % at from its lowest 686 in level January compared of last year with . January 2017 of 2016 Inventory and 2015
800 .
900
800
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.5
4.0
4.5
4.0
3.5
was at its lowest level compared with January of 2016 and 2015 .
700
600
3.5
3.0
600
500
3.0
2.5
500
400
2.5
2.0
A comparatively lower MSI is more beneficial for sellers while
400 a
A comparatively lower MSI is more beneficial for sellers while a
300 higher MSI is better for buyers . The January 2017 MSI of 3.1 higher MSI is better for buyers . The January 2017 MSI of 3.1
200 months was at its lowest level compared with January of 2016 months was at its lowest level compared with January of 2016
100 and 2015 . and 2015 .
0
300
2.0
200
1.5
100
1.0
0.5
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
1.5
1.0
0.5
0.0
769
736 773
774 769
763 736
759 774
704 763
671 759
688 704 681 671
631 688
642 681
648 631
664 642
660 648
663
664 665 643
660
622 663
624 665
659 643
676 622
667 624
686 659
235 180 204 254 216 260 270 279 247 227 197 676 670
192 667 634
207 686 641
174 670 593
182 634 652
262 641
635 260 593
605 582
278 652
604 292 635
611 284 605
3 Mo Avg
572 237 582 548
253 604
209 611
3 Mo Avg
199
572 230
548
178
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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