FL ARCHIVED January 2017 | Page 195

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

City : Pensacola Beach

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
$ 597,000
3 %
13 %
Average List Price of all Current Listings
$ 758,410
4 %
8 %
January Median Sales Price
$ 450,000
34 %
5 %
7 %
5 %
$ 450,000
7 %
5 %
January Average Sales Price
$ 593,222
52 %
19 %
35 %
21 %
$ 593,222
35 %
21 %
Total Properties Currently for Sale ( Inventory )
118 -14%
-13%
January Number of Properties Sold
18
20 %
-14%
18
-14%
January Average Days on Market ( Solds )
119
31 %
-1%
-7%
-20%
119
-7%
-20%
Asking Price per Square Foot ( based on New Listings )
$ 367
-5%
7 %
2 %
9 %
$ 367
2 %
9 %
January Sold Price per Square Foot
$ 332
11 %
4 %
12 %
11 %
$ 332
12 %
11 %
January Month ' s Supply of Inventory
6.6 -28% -18%
1 %
-29%
6.6
1 %
-29%
January Sale Price vs List Price Ratio
91.8 % -4.9% -2.3% . 0 %
-1.7%
91.8 %
0 %
-2%
* 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 18 , down 14.3 % from 21 in January
of 2016 and 20.0 % higher than the 15 sales last month . January Property 2017 sales Sales were at their lowest level compared to January of 35
January 2016 and Property 2015 . sales January were YTD 18 , down sales 14.3 of 18 % are from running 21 January 14.3 % of behind 2016 and last 20.0 year %' s higher year-to-date than the sales 15 sales of 21 last . month . January 30 2017 sales were at their lowest level compared to January of 2016 and 2015 . January YTD sales of 18 are running 14.3 % 25 behind last year ' s year-to-date sales of 21 .
20

Pensacola Agent Name Beach Title Phone Website Other

Community Information | School District

15 10
35 30 25 20 15 10 5
Number of Properties Sold
20 14 22 29 22 15 15 20 25 19 13 24 21 26 21 27 31 29 25 23 23 19 16 21 11 12 27 11 22 16 22 23 27 18 15 18
185
F
14
20 14
182
185 185
199 182 22 29 22 15 15 20 25
198
185
186
199
186
198
173
186
164
186
156
173
147
164
19
J A S O N D J
15
13 24
Number of Properties Sold
5
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 $ 450,000 , up 7.1 % from
700
Prices
$ 420,000 in January of 2016 and up 34.3 % from $ 335,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in January Price was in January $ 450,000 was , up $ 593,222 7.1 % from , up
650
700
$
34.6 420,000 % from in January $ 440,667 of 2016 in January and up of 34.3 2016 % from and up $ 335,000 51.6 % from last
600 month . The Average Sales Price in January $ 593,222 , up
650
$ 391,383 last month . January 2017 ASP was at the highest level
550
34.6 % from $ 440,667 in January of 2016 and up 51.6 % from
600 compared to January of 2016 and 2015 .
500
$ 391,383 last month . January 2017 ASP was at the highest level
550
450 compared to January of 2016 and 2015 .
500
400
450
350
400
300
350
250
300
250
200
200
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 118 , down of Properties 13.9 % from available 137 last for sale month as of and down
January
13.2 % from was 118 136 , down in January 13.9 % of from last 137 year last . January month and 2017 down Inventory
250
13.2 was % at from its lowest 136 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 .
200 was at its lowest level compared with January of 2016 and 2015 .
150
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 6.6 higher months MSI was is better at its highest for buyers level . The compared January with 2017 January MSI of 6.6 of 2016
50 months and 2015 was
. at its highest level compared with January of 2016 and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
250
200
150
100
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
M A J
F M A M J
F M A M J
14
15
16
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
J A S O N D J
17
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
21 26 21 27 31 29 25 23
152 156
152 147
143
152 152
152 153 143 162 156
152
157 153
146 162
139 156
129 157
120 146
136 139
146 129
120 153
136 175
146 172 175
153 175 175
167 172
147 175
147 175
150 167
137 147
118 147
J A S O N D J
16
23 19 16 21 11 12 27 11 22 16
3 Mo Avg
22
J A S O N D J 17
23 150
27 137
3 Mo Avg
18
118 15 18
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 .
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