FL ARCHIVED January 2017 | Page 199

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

City : Crestview

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
$ 219,900
3 %
19 %
Average List Price of all Current Listings
$ 231,088
7 %
26 %
January Median Sales Price
$ 173,630
4 %
4 %
16 %
4 %
$ 173,630
16 %
4 %
January Average Sales Price
$ 168,527
1 %
-1%
18 %
0 %
$ 168,527
18 %
0 %
Total Properties Currently for Sale ( Inventory )
349 -11%
-21%
January Number of Properties Sold
54 -47%
-4%
54
-4%
January Average Days on Market ( Solds )
89 -20% -12% -18% -14%
89
-18%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 111
21 %
12 %
26 %
18 %
$ 111
26 %
18 %
January Sold Price per Square Foot
$ 88
3 %
1 %
19 %
4 %
$ 88
19 %
4 %
January Month ' s Supply of Inventory
6.5
69 %
26 % -18%
24 %
6.5
-18%
24 %
January Sale Price vs List Price Ratio
94.4 % -2.0% -1.4% 1.7 % -1.0%
94.4 %
2 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
January Property sales were 54 , down 3.6 % from 56 in January
of 2016 and 47.1 % lower than the 102 sales last month . January
120
Property
2017 sales Sales were at their lowest level compared to January of
140
January
2016 and Property 2015 . sales January were YTD 54 , down sales 3.6 of 54 % from are running 56 January 3.6 %
100
of behind 2016 and last 47.1 year %' s lower year-to-date than the 102 sales sales of 56 last . month . January
2017 sales were at their lowest level compared to January of
120
80
2016 and 2015 . January YTD sales of 54 are running 3.6 %
100
behind last year ' s year-to-date sales of 56 .
60
80
40
60
40
20

Crestview

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
20
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
Prices
The Median Sales Price in January was $ 173,630 , up 15.8 % from
Prices
$ 150,000 in January of 2016 and up 4.0 % from $ 167,000 last
The month Median . The Sales Average Price Sales in January Price was in January $ 173,630 was , up $ 15.8 168,527 % from , up
200
$
17.7 150,000 % from in January $ 143,198 of in 2016 January and up of 4.0 2016 % from and up $ 167,000 0.9 % from last month . The Average Sales Price in January $ 168,527 , up
190
$ 167,006 last month . January 2017 ASP was at the highest level
17.7 % from $ 143,198 in January of 2016 and up 0.9 % from
180 compared to January of 2016 and 2015 .
$ 167,006 last month . January 2017 ASP was at the highest level
170 compared to January of 2016 and 2015 .
160
150
140
130
120
110
100
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
200
Median Sales Price and Average Sales Price
190
3 Mo Avg
180
170
160
150
140
130
120
110
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
The
January Total Inventory was 349 , down of Properties 10.7 % from available 391 for last sale month as of and down
January
21.4 % from was 349 444 , down in January 10.7 % of from last 391 year last . January month and 2017 down Inventory
700
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
21.4 was % at from its lowest 444 in level January compared of last year with . January 2017 of 2016 Inventory and 2015
600 . was at its lowest level compared with January of 2016 and 2015 .
500
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 6.5
200 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 6.5 of 2016 months was at its lowest level compared with January of 2016
100 and 2015 . and 2015 .
0
500
400
300
200
100
0
F
M A M J
M A J
14
J A S O N D J
F M A M J
F M A M J
15
J A S O N D J
F M A M J
F M A M J
16
10.0
8.0
6.0
4.0
2.0
0.0
J A S O N D J
17
8.0
6.0
4.0
2.0
0.0
51 59 59 79 88 80 68 83 76 70 64 63 76 80 87 97 105 80 88 84 76 71 81 56 65 82 100 100 113 101 119 104 85 75 102 54
571 608
587 571
587 608
609 587
626 587
609 609
586 626
594 609 585 586
559 594
561 585
542 559
534 561
520 542
538 534 586 520
595
566 538
518 586
511 595
479 566
467 518
444 511
481 479
486 467
444 520
527 481 507
486 492 520
453 527
421 507
398 492
378 453
391 421
349
398
F
14
51 59 59 79 88 80 68 83 76
J A S O N D J
15
70 64
Number of Properties Sold
63 76 80 87 97 105 80 88 84
J A S O N D J
16
76 71 81 56 65 82 100 100 113 101
3 Mo Avg
119
J A S O N D J 17
104 378
85 391
3 Mo Avg
75
349 102 54
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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