FL ARCHIVED January 2017 | Page 185

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

County : Bay

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
$ 349,000
2 %
17 %
Average List Price of all Current Listings
$ 471,224
2 %
14 %
January Median Sales Price
$ 250,000
-20% -11% 13 %
-2%
$ 250,000
13 %
-2%
January Average Sales Price
$ 268,402
-22% -21% 19 %
-16%
$ 268,402
19 %
-16%
Total Properties Currently for Sale ( Inventory )
307
-9%
-22%
January Number of Properties Sold
29 -17%
61 %
29
61 %
January Average Days on Market ( Solds )
149
13 %
-2% -12%
8 %
149
-12%
8 %
Asking Price per Square Foot ( based on New Listings )
$ 253
-4%
4 %
34 %
8 %
$ 253
34 %
8 %
January Sold Price per Square Foot
$ 210
-5%
-1%
13 %
-1%
$ 210
14 %
0 %
January Month ' s Supply of Inventory
10.6
10 %
-8% -51% -11%
10.6
-51%
-11%
January Sale Price vs List Price Ratio
93.5 % -1.5% -. 1 % -3.7% -. 8 %
93.5 %
-4%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales January Property sales were 29 , up 61.1 % from 18 in January of
2016 and 17.1 % lower than the 35 sales last month . January Property 2017 sales Sales were at their highest level compared to January of 60
January 2016 and Property 2015 . sales January were YTD 29 , up sales 61.1 of % 29 from are 18 running January 61.1 of % 2016 ahead and of 17.1 last % year lower ' s year-to-date than the 35 sales sales last of month 18 . . January
50
2017 sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 29 are running 61.1 %
40 ahead of last year ' s year-to-date sales of 18 .

Bay County

Agent Name
Title Phone Website Other

Community Information | School District

30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in January was $ 250,000 , up 12.9 %
Prices from $ 221,500 in January of 2016 and down 20.0 % from The $ 312,500 Median last Sales month Price . in The January Average was Sales $ 250,000 Price , in up January 12.9 % was
400 from $ 268,402 $ 221,500 , up in 19.4 January % from of $ 2016 224,757 and in down January 20.0 % of from 2016 and $ down 312,500 22.3 last % month from $ . 345,640 The Average last Sales month Price . January in January 2017 was ASP was $ 268,402 , up 19.4 % from $ 224,757 in January of 2016 and 350 at a mid range compared to January of 2016 and 2015 . down 22.3 % from $ 345,640 last month . January 2017 ASP was
at a mid range compared to January of 2016 and 2015 .
300
20
10
0
10
0
27 20
350
300
250
27 20 24 32 26 24 32 29 23 30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 38 34 33 42 36 30 56 37 38 25 35 29
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
24 32 26 24 32 29 23 30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 38 34 33 42 36 30 56 37 38 25 35 29
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
400 Median Sales Price and Average Sales Price
3 Mo Avg
250 200
200
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 307 , down of Properties 9.2 % from available 338 last for sale month as of and down
January
21.7 % from was 307 392 , down in January 9.2 % from of last 338 year last . January month and 2017 down Inventory
450
21.7 was % at from its lowest 392 in January level compared of last year with . January 2017 of 2016 Inventory and 2015
400 . was at its lowest level compared with January of 2016 and 2015 .
350
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The January 2017 MSI of 10.6 higher MSI is better for buyers . The January 2017 MSI of 10.6
100 months was at its lowest level compared with January of 2016 months was at its lowest level compared with January of 2016
50 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
25.0
350
300
20.0
250
15.0
200
150
10.0
100
50
5.0
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
25.0
20.0
15.0
10.0
5.0
0.0
261 265
283 261
294 265
285 283
284 294
302 285
308 284
328 302 325 308
287
328 325
318
301 287 307 318 343 301
376 307 373 386
343
391 376
397 373
375 386
361 391
363 397
392 375
399 361
399 363
406 392
420 399 409
399 408 406
385 420
378 409
382 408
357 385
338 378
307
382 357
338
307
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 Ass 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 185