FL ARCHIVED January 2017 | Page 60

Market Action Report January 2017
Phone Community Information | School District

City : Osprey

Price Range : All | Properties : SFH - Con

Osprey

Agent Name
Market Action Report January 2017

Phone Community Information | School District

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
$ 559,000
-1%
-5%
Average List Price of all Current Listings
$ 974,516
-8%
-3%
January Median Sales Price
$ 525,000
22 %
19 %
-3%
24 %
$ 525,000
-3%
24 %
January Average Sales Price
$ 467,299
-3%
-7% -18%
-4%
$ 467,299
-18%
-4%
Total Properties Currently for Sale ( Inventory )
199
11 %
8 %
January Number of Properties Sold
9 -31%
-40%
9
-40%
January Average Days on Market ( Solds )
157
145 % 71 %
60 %
48 %
157
60 %
48 %
Asking Price per Square Foot ( based on New Listings )
$ 243
-2%
-2% -10%
-1%
$ 243
-10%
-1%
January Sold Price per Square Foot
$ 190
-16% -9%
2 %
-2%
$ 190
2 %
-2%
January Month ' s Supply of Inventory
22.1
61 %
57 %
80 % 161 %
22.1
80 %
161 %
January Sale Price vs List Price Ratio
92.9 %
-. 2 %
. 4 %
2.3 %
. 8 %
92.9 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
40
January Property sales were 9 , down 40.0 % from 15 in January of 2016 and 30.8 % lower than the 13 sales last month . January
35
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their lowest level compared to January of
January
2016 and Property 2015 . sales January were YTD 9 , down sales 40.0 of 9 % are from running 15 January 40.0 % of behind 2016 and last 30.8 year %' s lower year-to-date than the sales 13 sales of 15 last . month . January
2017 sales were at their lowest level compared to January of
2016 and 2015 . January YTD sales of 9 are running 40.0 %
40
35
30
30
25
20
behind last year ' s year-to-date sales of 15 .
25
15
20
10
15
5
10
0
5
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
Prices
14
The Median Sales Price in January was $ 525,000 , down 2.8 %
900
Prices from $ 540,000 in January of 2016 and up 22.1 % from
The
$ 430,000 Median last Sales month Price . in The January Average was Sales $ 525,000 Price , down in January 2.8 % was
900
800 from
$ 467,299 $ 540,000 , down in January 18.3 % from of 2016 $ 572,033 and up in 22.1 January % from of 2016 and
$ down 430,000 3.0 last % from month $ 481,569 . The Average last month Sales . Price January in January 2017 ASP was was
800 at
700
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
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ a 467,299 mid range , down compared 18.3 % from to January $ 572,033 of in 2016 January and of 2015 2016 . and down 3.0 % from $ 481,569 last month . January 2017 ASP was at
700
600
a mid range compared to January of 2016 and 2015 .
600
500
500 400
400 300
300
200
200
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 199 , up of Properties 11.2 % from available 179 last for month sale as and of up 8.2 %
January from 184 was in 199 January , up 11.2 of % last from year 179 . January last month 2017 and Inventory up 8.2 % was
250 at from its highest 184 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . at
200 its highest level compared with January of 2016 and 2015 .
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
25.0
20.0
15.0
150
15.0
100
10.0
A comparatively lower MSI is more beneficial for sellers while
100 a
10.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 22.1 higher months MSI was is better at its highest for buyers level . The compared January with 2017 January MSI of 22.1 of 2016
50 months and 2015 was
. at its highest level compared with January of 2016 and 2015 .
0
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
5.0
0.0
190 200
20
190 194
12 200 196
27 194 174
Title
Website Other
27 196
160 25 21 14 26
151 174
155 160
167 151 175
155 188 167
20 12 27 27 25 21 14 26 16 9
16 9 11 12
Number of Properties Sold
14 23 27 36 32
189 175
186
188 193
189
188 186
174
193 157 150
188
174 157 150
133 161
133 156
136 184
161 191
156 188
172 184
166 191 164 188
163 172
153 166
150 164
153
163 173 153 179 150
199 153
133 133 136 36 25 23 23 15 18 15 25 30 24 33 22 19 20 20
173 13
11 12 14 23 27 36 32 36 25 23 23 15 18 15 25 30 24 33 22 19 20 20 13 27 13 9
179
3 Mo Avg
27
199 13 9
60 | c o l d w e l l b a n k e r h o m e s . c o m
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