FL ARCHIVED January 2017 | Page 151

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

City : Palm Coast

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
0 %
2 %
Average List Price of all Current Listings
$ 418,333
-0%
6 %
January Median Sales Price
$ 189,430
-12% -7%
5 %
0 %
$ 189,430
5 %
0 %
January Average Sales Price
$ 221,570
-12% -10% -1%
-5%
$ 221,570
-1%
-5%
Total Properties Currently for Sale ( Inventory )
932
6 %
-14%
January Number of Properties Sold
127 -34%
6 %
127
6 %
January Average Days on Market ( Solds )
66 -28% -27% -35% -21%
66
-35%
-21%
Asking Price per Square Foot ( based on New Listings )
$ 147
10 %
4 %
2 %
6 %
$ 147
2 %
6 %
January Sold Price per Square Foot
$ 118
-8%
-4%
7 %
0 %
$ 118
7 %
0 %
January Month ' s Supply of Inventory
7.3
60 %
24 % -19%
34 %
7.3
-19%
34 %
January Sale Price vs List Price Ratio
97.5 %
1.6 % 1.1 % 1.2 % 1.0 %
97.5 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
January Property sales were 127 , up 5.8 % from 120 in January
of 2016 and 33.9 % lower than the 192 sales last month . January
Property
2017 sales Sales were at their highest level compared to January of
300
250
January
2016 and Property 2015 . sales January were YTD 127 , sales up 5.8 of % 127 from are 120 running January 5.8 % of ahead 2016 and of last 33.9 year % lower ' s year-to-date than the 192 sales sales of last 120 . month . January
2017 sales were at their highest level compared to January of
250
200
2016 and 2015 . January YTD sales of 127 are running 5.8 % ahead of last year ' s year-to-date sales of 120 .
200
150
150
100

Palm Agent Coast

Name
Title Phone Website Other

Community Information | School District

100 50
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
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in January was $ 189,430 , up 4.7 % from
300
Prices $ 180,850 in January of 2016 and down 12.4 % from $ 216,275 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in January Sales Price was $ in 189,430 January , up was 4.7 % $ 221,570 from ,
280
300 $ down 180,850 1.1 in % January from $ 223,932 of 2016 in and January down 12.4 of 2016 % from and $ 216,275 down 12.2 % 260 last month . The Average Sales Price in January was $ 221,570 ,
280
from $ 252,218 last month . January 2017 ASP was at a mid 240 down 1.1 % from $ 223,932 in January of 2016 and down 12.2 % 260 range compared to January of 2016 and 2015 .
220 from $ 252,218 last month . January 2017 ASP was at a mid 240 200 range compared to January of 2016 and 2015 . 220
180 200
160 180
140 160
120
140 120
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 932 , up of Properties 5.5 % from available 883 last for month sale as and of down 14.2 % 1,400
12.0
January from 1,086 was 932 in January , up 5.5 % of from last 883 year last . January month 2017 and down Inventory 14.2 % was 1,4001,200 12.0
10.0 from at its 1,086 lowest in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . 1,200 1,000
10.0 at its lowest level compared with January of 2016 and 2015 .
8.0 1,000
800 8.0
800 6.0
600 6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
400 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The January 2017 MSI of 7.3 400 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 7.3 of 2016
200 2.0
2.0 months was at its lowest level compared with January of 2016
200 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
M A J F M A M J
F M A M J 14
15 16
17
163 167 211 215 194 213 195 193 181 172 211 122 148 219 225 221 230 236 215 202 200 153 190 120 175 202 184 234 249 221 224 192 184 159 192 127
1,236 1,273 1,288 1,289 1,266 1,212 1,204 1,207 1,188 1,202 1,165 1,232 1,233 1,192 1,186 1,170 1,172 1,145 1,116 1,110 1,080 1,059 1,014 1,086
F
14
163 167 211 215 194 213 195 193 181 172
J A S O N D J 15
211
Number of Properties Sold
122 148 219 225 221 230 236
1,236 1,273 1,288 1,289 1,266 1,212 1,204 1,207 1,188 1,202 1,165 1,232 1,233 1,192 1,186 1,170 1,172 1,145 1,116 215 202
J A S O N D J
16
200 153 190 120 175 202 184 234 249 221
1,110 1,080 1,059 1,014 1,086 1,131 1,157 1,106 1,087 1,053 1,018 1,035 1,000
1,131 1,157 1,106 1,087 1,053 1,018 1,035 1,000 916 923 883 932
3 Mo Avg
224
J A S O N D J
17
192 184 159
916 923 883 932
3 Mo Avg
192
127
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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