FL ARCHIVED March 2017 | Page 139

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

County : Brevard

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
$ 295,000
6 %
23 %
Average List Price of all Current Listings
$ 400,787
5 %
25 %
March Median Sales Price
$ 189,418
-2%
1 %
12 %
5 %
$ 189,000
15 %
5 %
March Average Sales Price
$ 234,524
-1%
1 %
13 %
6 %
$ 233,780
14 %
6 %
Total Properties Currently for Sale ( Inventory )
2,669
-4%
-17%
March Number of Properties Sold
1,121
37 %
-1%
2,694
-0%
March Average Days on Market ( Solds )
51 -16% -6%
-4%
-6%
56
-3%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 149
1 %
2 %
13 %
10 %
$ 147
11 %
8 %
March Sold Price per Square Foot
$ 128
1 %
1 %
13 %
7 %
$ 127
13 %
6 %
March Month ' s Supply of Inventory
2.4 -30% -26% -16% -22%
3.2
-16%
5 %
March Sale Price vs List Price Ratio
94.8 %
. 4 %
. 2 %
. 1 %
. 1 %
94.6 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
March Property sales were 1,121 , down 1.2 % from 1,135 in March
of 2016 and 37.4 % higher than the 816 sales last month . March
1,200
Property
2017 sales Sales were at their lowest level compared to March of 2016
1,400
March and 2015 Property . March sales YTD were sales 1,121 of , down 2,6941.2 are % running from 1,135 0.4 in % March behind
1,000
of last 2016 year and ' s year-to-date 37.4 % higher sales than the of 2,705 816 sales . last month . March
2017 sales were at their lowest level compared to March of 2016
1,200
800
and 2015 . March YTD sales of 2,694 are running 0.4 % behind
1,000
last year ' s year-to-date sales of 2,705 .
600
800
400
600
400
200

Brevard Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
0
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
0
14
15
16
17
Prices
The Median Sales Price in March was $ 189,418 , up 12.1 % from
A
M J
14
J
A S O N
DMedian
J
F M A Sales M J
J Price
A S O and N D Average
J
F M A MSales J
J
A Price S O N D
J
F M
15
16
17
3 Mo Avg
Prices
$ 169,000 in March of 2016 and down 2.0 % from $ 193,250 last
The month Median . The Sales Average Price Sales in March Price was in $ March 189,418 was , up $ 12.1 234,524 % from , up
$
13.2 169,000 % from in March $ 207,110 of 2016 in March and down of 2016 2.0 % and from down $ 193,250 0.6 % from last
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 235,967 . The last Average month Sales . March Price 2017 in March ASP was $ at 234,524 the highest , up level
13.2 % from $ 207,110 in March of 2016 and down 0.6 % from
220 compared to March of 2016 and 2015 .
$ 235,967 last month . March 2017 ASP was at the highest level
200
200
180
compared to March of 2016 and 2015 .
180
160
160 140
140 120
1,018 1,060 1,071 1,070 1,044
1,018 1,060 1,071 1,070 1,044 963 1,020 791 985 763 896 1,152 1,141 1,146 1,208 1,203 1,078 1,071 916 810 1,013 729 841 1,135 1,114 1,190 1,283 1,065 1,126 1,078 889 923 1,014 757 816 1,121
120
100
100
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
M
14 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
F M
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 March
The was Total 2,669 Inventory , down 4.0 of % Properties from 2,779 available last month for sale and as of down March 16.9 %
4,500 was from 2,669 3,212 , down in March 4.0 % from of last 2,779 year last . March month 2017 and Inventory down 16.9 % was at
4,5004,000 from its lowest 3,212 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at
4,0003,500 its lowest level compared with March of 2016 and 2015 .
3,5003,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
6.0
5.0
4.0
3,0002,500
4.0
2,5002,000
3.0
A comparatively lower MSI is more beneficial for sellers while
2,000 a
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,500
2.0 higher MSI is better for buyers . The March 2017 MSI of 2.4
1,000 higher MSI is better for buyers . The March 2017 MSI of 2.4
1,000 months was at its lowest level compared with March of 2016 and
500
1.0 months was at its lowest level compared with March of 2016 and
500
2015 .
0
2015 .
0
0.0
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
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
15
16
17
14
15
16
17
3.0
2.0
1.0
0.0
963 1,020 791 985
3,935 3,989 3,826 3,741 3,696 3,543 3,601 3,624 3,539
763 896
3,935 3,989 3,826 3,741 3,696 3,543 3,601 3,624 3,539 3,635 3,553 3,366 3,333 3,264
Number of Properties Sold
1,152 1,141 1,146 1,208 1,203 1,078 1,071 916 810 1,013
3 Mo Avg
3,208 3,159 3,017 3,007 3,118 3,166 3,169 3,352 3,306 3,212 3,133 3,053 3,176 3,059 2,924 2,866 2,877 2,962 2,913 2,881 2,779 2,669
729 841
3,635 3,553 3,366 3,333 3,264 3,208 3,159 3,017 3,007 3,118 3,166 3,169 3,352 3,306 3,212 1,135 1,114 1,190 1,283 1,065 1,126 1,078 889 923 1,014
3,133 3,053 3,176 3,059 2,924 2,866 2,877 2,962 2,913 2,881
3 Mo Avg
757 816
2,779 2,669
1,121
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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