FL ARCHIVED January 2017 | Page 213

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

City : Pace

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
$ 238,500
4 %
24 %
Average List Price of all Current Listings
$ 263,239
5 %
21 %
January Median Sales Price
$ 194,524
-2%
1 %
10 %
4 %
$ 194,524
10 %
4 %
January Average Sales Price
$ 199,459
-4%
0 %
-1%
0 %
$ 199,459
-1%
0 %
Total Properties Currently for Sale ( Inventory )
283
1 %
-17%
January Number of Properties Sold
38 -54%
36 %
38
36 %
January Average Days on Market ( Solds )
63 -37% -28% -65% -42%
63
-65%
-42%
Asking Price per Square Foot ( based on New Listings )
$ 109
11 %
5 %
17 %
10 %
$ 109
17 %
10 %
January Sold Price per Square Foot
$ 94
-4%
-1%
4 %
1 %
$ 94
4 %
1 %
January Month ' s Supply of Inventory
7.4 120 % 51 % -39%
50 %
7.4
-39%
50 %
January Sale Price vs List Price Ratio
98.2 %
-. 2 %
. 9 %
3.4 %
. 9 %
98.2 %
3 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
140
January Property sales were 38 , up 35.7 % from 28 in January of
2016 and 54.2 % lower than the 83 sales last month . January
120
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to January of
140
January
2016 and Property 2015 . sales January were YTD 38 , up sales 35.7 of % 38 from are 28 running January 35.7 % of
100
2016 ahead and of 54.2 last % year lower ' s year-to-date than the 83 sales last of 28 month . . January
2017 sales were at their highest level compared to January of
2016 and 2015 . January YTD sales of 38 are running 35.7 % ahead of last year ' s year-to-date sales of 28 .
120
100
80
60
80
40
60
40
20
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 $ 194,524 , up 9.5 % 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
$ 177,585 in January of 2016 and down 2.0 % from $ 198,400
The last Median month Sales . The Price Average in January Sales Price was $ in 194,524 January , up was 9.5 % $ 199,459 from ,
$ down 177,585 1.2 in % January from $ 201,957 of 2016 in and January down 2.0 of % 2016 from and $ 198,400 down 3.5 %
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
last from month $ 206,784 . The Average last month Sales . January Price in January 2017 ASP was was $ 199,459 at a mid , down range 1.2 compared % from $ 201,957 to January in January of 2016 of and 2016 2015 and . down 3.5 % from $ 206,784 last month . January 2017 ASP was at a mid
range compared to January of 2016 and 2015 .
220
200
180
200
180
160
160
140
140
120
120
100
100
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 283 , up of Properties 0.7 % from available 281 last for month sale as and of down 17.3 %
January from 342 was in 283 January , up 0.7 of % last from year 281 . last January month 2017 and Inventory down 17.3 % was
450 at from its lowest 342 in level January compared of last year with . January 2017 of 2016 Inventory and 2015 was . at
400 its lowest level compared with January of 2016 and 2015 .
350
300
450
400
350
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
12.0
10.0
14.0
12.0
10.0
8.0
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 7.4 higher MSI is better for buyers . The January 2017 MSI of 7.4
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
200
8.0
150
6.0
100
4.0
50
2.0
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
6.0
4.0
2.0
0.0
33 41 37 59 65 48 53 64 56 49 64 34 54 53 64 59 77 87 55 61 55 31 51 28 38 75 85 90 115 67 88 78 62 70 83 38
365 375

Pace

33 41
365 414
411 375 404
Agent Name
37
Title Phone Website Other

Community Information | School District

414 59 411 380
65 404
353 357
48 380
332 53
353
316 64
357
307 56
332 316
49
334
321 64 34 54 53
307 336
334
334 321 368 336 358 356
334 64 368 353
59 358 356
77 356 338
87 353 316
55 356 325
61 338 342
55 316 322
31 325 330
51 342 320
28 322
328 330
38 330
313 75
320 299
85
328 312
90
330 313
288 115 277
299 67 281
312 88 283
288 78
277 62 281
70
283 83 38
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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