FL ARCHIVED January 2017 | Page 176

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

County : Seminole

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
$ 334,900
6 %
20 %
Average List Price of all Current Listings
$ 415,129
4 %
14 %
January Median Sales Price
$ 221,397
-4%
-4%
11 %
-2%
$ 221,397
11 %
-2%
January Average Sales Price
$ 246,757
-2%
-1%
5 %
-3%
$ 246,757
5 %
-3%
Total Properties Currently for Sale ( Inventory )
1,047
-8%
-33%
January Number of Properties Sold
360 -33%
-12%
360
-12%
January Average Days on Market ( Solds )
58
2 %
4 %
-16%
4 %
58
-16%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 137
5 %
4 %
11 %
6 %
$ 137
11 %
6 %
January Sold Price per Square Foot
$ 123
-2%
1 %
11 %
2 %
$ 123
11 %
3 %
January Month ' s Supply of Inventory
2.9
37 %
10 % -24%
5 %
2.9
-24%
5 %
January Sale Price vs List Price Ratio
96.2 %
. 4 %
. 6 %
2.3 %
. 5 %
96.2 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Seminole Agent County

Name
Title Phone Website Other

Community Information | School District

Property Sales
800
January Property sales were 360 , down 11.8 % from 408 in
January of 2016 and 32.7 % lower than the 535 sales last month .
700
Number of Properties Sold
3 Mo Avg
Property
January 2017 Sales sales were at their lowest level compared to
January Property of 2016 sales and 2015 were . 360 January , down YTD 11.8 % sales from of 408 360 in are
January running of 11.8 2016 % and behind 32.7 last % lower year than ' s year-to-date the 535 sales sales last of month 408 ..
January 2017 sales were at their lowest level compared to
January of 2016 and 2015 . January YTD sales of 360 are
800
700
600
600
500
400
running 11.8 % behind last year ' s year-to-date sales of 408 .
500
300
400
200
300
100
200
0
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
0
14
15
16
17
Prices
The Median Sales Price in January was $ 221,397 , up 10.7 % from
F
M A M J
14
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
15
16
17
3 Mo Avg
Prices
$ 200,085 in January of 2016 and down 3.7 % from $ 230,000
The last Median month Sales . The Price Average in January Sales Price was $ in 221,397 January , up was 10.7 $ % 246,757 from ,
$ up 200,085 5.4 % from in January $ 234,179 of 2016 in January and down of 3.7 2016 % from and down $ 230,000 1.9 % from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 251,521 month . last The month Average . January Sales Price 2017 in ASP January was was at the $ 246,757 highest , level up 5.4 % from $ 234,179 in January of 2016 and down 1.9 % from
270 compared to January of 2016 and 2015 .
$ 251,521 last month . January 2017 ASP was at the highest level
250
250
230
compared to January of 2016 and 2015 .
230
210
210 190
190 170
363 456 525 511 564 567
363 456 525 511 564 567 555 525 533 414 469 384 433 569 571 595 714 723 590 554 500 423 574 408 388 551 568 610 735 665 638 571 506 447 535 360
170
150
150
F
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
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 1,047 of , down Properties 7.8 % available from 1,136 for last sale month as of and down
2,500
January
33.0 % from was 1,047 1,562 , down in January 7.8 % from of last 1,136 year last . January month and 2017 down
2,500
2,000
33.0
Inventory % from was 1,562 at in its January lowest of level last compared year . January with 2017 January of 2016
2,000
Inventory and 2015 was . at its lowest level compared with January of 2016
1,500 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
6.0
5.0
4.0
3.0
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
2.0 higher MSI is better for buyers . The January 2017 MSI of 2.9
500 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 2.9 of 2016
500
1.0 months and 2015 was
. at its lowest level compared with January of 2016
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
2.0
1.0
0.0
555 525 533
2,031 2,038 2,054 2,063 2,112 2,204 2,213 2,158 2,150 414 469
2,031 2,038 2,054 2,063 2,112 2,204 2,213 2,158 2,150 2,074 1,982 1,937 1,880 1,908 1,964
Number of Properties Sold
384 433 569 571 595 714 723 590 554
2,074 1,982 1,937 1,880 1,908 1,964 1,985 1,978 1,998 1,923 1,878 1,827
500
1,985 1,978 1,998 1,923 1,878 1,827 1,686 1,585 1,562 1,564 423 574
1,686 1,585 1,562 408 388 551 568 610 735 665 638
1,529 1,560 1,515 1,566 1,559 1,518 1,446 1,423 1,309 1,136 1,047 571 506
1,564 1,529 1,560 1,515 1,566 1,559 1,518 1,446 1,423 1,309
3 Mo Avg
447 535
1,136 1,047
360
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