FL ARCHIVED January 2017 | Page 29

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

City : Palm Harbor

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
$ 270,900
4 %
15 %
Average List Price of all Current Listings
$ 363,295
5 %
9 %
January Median Sales Price
$ 204,875
-13% -11% 11 %
-11%
$ 204,875
11 %
-11%
January Average Sales Price
$ 247,130
-10% -7%
18 %
-4%
$ 247,130
18 %
-4%
Total Properties Currently for Sale ( Inventory )
459
-5%
-9%
January Number of Properties Sold
102 -36%
7 %
102
7 %
January Average Days on Market ( Solds )
76
-5%
12 %
21 %
25 %
76
21 %
25 %
Asking Price per Square Foot ( based on New Listings )
$ 157
8 %
3 %
15 %
7 %
$ 157
15 %
7 %
January Sold Price per Square Foot
$ 134
-7%
-4%
11 %
-1%
$ 134
12 %
-1%
January Month ' s Supply of Inventory
4.5
48 %
27 % -15%
33 %
4.5
-15%
33 %
January Sale Price vs List Price Ratio
95.5 %
1.9 % 1.0 % 2.9 %
. 8 %
95.5 %
3 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
January Property sales were 102 , up 7.4 % from 95 in January of
2016 and 35.8 % lower than the 159 sales last month . January
Property
2017 sales
Sales were at their highest level compared to January of
250
January Property sales were 102 , up 7.4 % from 95 in January of
2016 and 2015 . January YTD sales of 102 are running 7.4 %
2016 and 35.8 % lower than the 159 sales last month . January ahead of last year ' s year-to-date sales of 95 .
2017 sales were at their highest level compared to January of
200
200
150
2016 and 2015 . January YTD sales of 102 are running 7.4 %
ahead of last year ' s year-to-date sales of 95 .
150
100

Palm Agent Harbor

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
50
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
14
15
16
17
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
Median
15 Sales Price and Average
16 Sales Price
17
3 Mo Avg
Median Sales Price and Average Sales Price
92 130 155 152 169 164 154 133 133 113 141 94 117 140 186 188 204 174 166 166 151 127 158 95 124 164 165 179 210 170 194 154 152 170 159 102
F 14
Prices
The Median Sales Price in January was $ 204,875 , up 10.7 %
Prices from $ 185,000 in January of 2016 and down 13.2 % from
The
$ 236,000 Median last Sales month Price . in The January Average was Sales $ 204,875 Price , up in 10.7 January % was
300 from
$ 247,130 $ 185,000 , up 18.2 in January % from of $ 2016 209,081 and in down January 13.2 % of from 2016 and
$ 236,000 last month . The Average Sales Price in January was
280 down 9.8 % from $ 274,032 last month . January 2017 ASP was
$ 247,130 , up 18.2 % from $ 209,081 in January of 2016 and
260 at a mid range compared to January of 2016 and 2015 . down 9.8 % from $ 274,032 last month . January 2017 ASP was
240 at a mid range compared to January of 2016 and 2015 .
220
200
300
280
260
240
220
200
180
3 Mo Avg
180
160
160
140
140
120
120
100
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
M14 A M J
J
A S O N D
J
F M15A 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 459 , down of Properties 5.4 % from available 485 last for sale month as of and down
January was 459 , down 5.4 % from 485 last month and down
700
8.7 % from 503 in January of last year . January 2017 Inventory
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
8.7 was % from at its 503 lowest in January level 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
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The January 2017 MSI of 4.5
200 higher MSI is better for buyers . The January 2017 MSI of 4.5 months was at its lowest level compared with January of 2016 months was at its lowest level compared with January of 2016
100 and and 2015
2015 .
.
0
6.0
500
5.0
400
4.0
300
3.0
200
2.0
100
1.0
0
0.0
F M FA M AJ
MJ AJ
SJ
OA NS DO JN FDMJ
A FMM J
AJ
MA JS JO AN SD OJ
NF MD AJ
MF JM JA AM SJ
OJ NAD
SJ O N D J
14
14
15
15
16
16
17
17
5.0
4.0
3.0
2.0
1.0
0.0
609
92 130 155 152 169 164 154 133 133 113
596
604 609
602 596
610 604
598 602
614 610
595 598
631 614 621
595 590
631 572
621 562
590 575
572 564
562 563
575 560 556
564
515 563
499 560
515 556
493 515
472 499
503 515
141 94 117 140 186 188 204 174 166 166 151 127 158 95 124 164 165 179 210 170 194 154
518 493
472 541
538 503
529 518
528 541 539
538 554 529
518 528
524 539
528 554
485 518
459 524
152 528
170
485 159
459
102
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 Asso 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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