FL ARCHIVED January 2017 | Page 17

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

County : Pasco

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
$ 219,750
2 %
20 %
Average List Price of all Current Listings
$ 263,177
3 %
18 %
January Median Sales Price
$ 160,250
-8%
-6%
23 %
-1%
$ 160,250
23 %
-1%
January Average Sales Price
$ 173,947
-10% -6%
8 %
-3%
$ 173,947
8 %
-3%
Total Properties Currently for Sale ( Inventory )
2,385
-4%
-20%
January Number of Properties Sold
666 -27%
-2%
666
-2%
January Average Days on Market ( Solds )
65
8 %
10 % -17%
3 %
65
-17%
3 %
Asking Price per Square Foot ( based on New Listings )
$ 110
0 %
1 %
11 %
7 %
$ 110
11 %
7 %
January Sold Price per Square Foot
$ 96
-4%
-2%
13 %
2 %
$ 96
13 %
2 %
January Month ' s Supply of Inventory
3.6
32 %
13 % -19%
19 %
3.6
-19%
19 %
January Sale Price vs List Price Ratio
94.1 %
-. 8 % -. 9 % 2.0 %
-. 7 %
94.1 %
2 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200
January Property sales were 666 , down 2.2 % from 681 in
January of 2016 and 27.1 % lower than the 913 sales last month .
Property Sales
1,000
January 2017 sales were at a mid level compared to January of
1,200
January
2016 and Property 2015 . sales January were YTD 666 , sales down of 2.2 666 % from are running 681 2.2 %
January behind of last
2016 year and ' s year-to-date
27.1 % lower than sales the of 681
913 . sales last month .
January 2017 sales were at a mid level compared to January of
1,000
800
2016 and 2015 . January YTD sales of 666 are running 2.2 % behind last year ' s year-to-date sales of 681 .
800
600
Prices The Median Sales Price in January was $ 160,250 , up 22.8 %
Prices from $ 130,500 in January of 2016 and down 8.4 % from The $ 175,000 Median last Sales month Price . in The January Average was Sales $ 160,250 Price , up in January 22.8 % was
200 from $ 173,947 $ 130,500 , up 8.2 in January % from of $ 160,828 2016 and in down January 8.4 % of from 2016 and down $ 175,000 last month . The Average Sales Price in January was
190
9.9 % from $ 193,031 last month . January 2017 ASP was at the $ 173,947 , up 8.2 % from $ 160,828 in January of 2016 and down 180 highest level compared to January of 2016 and 2015 . 9.9 % from $ 193,031 last month . January 2017 ASP was at the 170 highest level compared to January of 2016 and 2015 .
160 150 140 130 120 110 100

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

600 400
400 200
200
0
Number of Properties Sold
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
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
560 741 743 803 848 753 780 807 843 753 872 654 721 932 935 1,006 1,112 1,053 970 870 871 790 916 681 760 998 1,041 1,051 1,046 975 988 895 792 800 913 666
F
14 200 190 180 170 160 150 140 130 120 110 100
560 741 743 803
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
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 2,385 of , down Properties 3.8 % available from 2,479 for last sale month as of and down
4,500
January
20.4 % from was 2,385 2,998 , down in January 3.8 % from of last 2,479 year last . January month and 2017 down
4,5004,000
8.0
20.4
Inventory % from was 2,998 at in its January lowest level of last compared year . January with 2017 January of 2016
4,0003,500
7.0
Inventory was at its lowest level compared with January of 2016
3,500 and 2015 .
3,000
6.0 and 2015 .
3,0002,500
5.0
2,5002,000
4.0
2,000
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,500 higher MSI is better for buyers . The January 2017 MSI of 3.6
1,000 higher MSI is better for buyers . The January 2017 MSI of 3.6
1,000
2.0 months was at its lowest level compared with January of 2016
500 months was at its lowest level compared with January of 2016
500
1.0 and 2015 .
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
14
15
15
16
16
17
17
848 753 780 807 843 753 872
4,047 4,075 4,156 4,113 4,125 4,050 3,967 3,933 3,933 3,848 3,741 3,773 3,721 3,613 3,570 3,530 3,380
Number of Properties Sold
654 721 932 935 1,006 1,112 1,053 970 870 871 790 916 681 760
3,328 3,267 3,170 3,071 3,064 2,999 2,998 2,934 2,877 2,784 2,613 2,645
998 1,041 1,051 1,046
3 Mo Avg
975 988
3 Mo Avg
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
14
15
16
17
4,047 4,075 4,156 4,113 4,125 4,050 3,967 3,933 3,933 3,848 3,741 3,773 3,721 3,613 3,570 3,530 3,380 3,328 3,267 3,170 3,071 3,064 2,999 2,998
2,563 2,518 2,579 2,581 2,586 2,479 2,385 895 792
2,934 2,877 2,784 2,613 2,645 2,563 2,518 2,579 2,581 2,586
3 Mo Avg
800 913
2,479 2,385
666
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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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