Market Action Report
City: Melbourne
Melbourne
Agent Name
Title
Phone
Agent
Name
Website
Title Other
March 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$310,930
9%
15%
Other
$361,028 Trending
1% versus*:
12%
Trending versus*:
Month
LM
L3M
PYM
LY
Prior YTD 15%
Prior Year
$209,500 -11% -1% 8%
2% YTD
$217,500
$310,930
9%
15%
$244,326 -0% 0% 12% 4%
$248,421
15%
$361,028 529
1% -2% 12% -16%
$209,500 248
-11% 43%
-1% 8% -5%
2%
$217,500
15% -2% 6%
603
$244,326 -0%
0%
12%
4%
$248,421
15%
45 -24% -12% -17% -8%
51
-6% 5%
529 -2%
-16%
$138 1% 1% 8% 6%
$138
10%
248 43%
-5%
603
-2%
$125 -2% -1% 10% 5%
$127
13%
45 -24% -12% -17% -8%
51
-6%
4%
2.1 -32% -24% -12% -22%
2.8 -16%
$138 1% 1% 8% 6%
$138
10%
6%
95.0% .2% .3% -.5% -.2%
94.9%
-0%
$125 -2% -1% 10% 5%
$127
13%
7%
2.1 -32% -24% -12% -22%
2.8 -16%
3%
of 94.9%
Properties
95.0% .2% .3% -.5% Number
-.2%
-0% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
March Month's Supply of Inventory
March Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
350
March Property sales were 248, down 5.3% from 262 in March
of 2016 and 43.4% higher than the 173 sales last month. March 300
Property
2017 sales Sales
were at their lowest level compared to March of 2016
350
March
Property
sales
were
248, of down
from 262
in March
and 2015.
March
YTD
sales
603 5.3%
are running
2.4%
behind last 250
of year's
2016 year-to-date
and 43.4% higher
the 173 sales last month. March 300
sales than
of 618.
200
2017 sales were at their lowest level compared to March of 2016
279
270
207
192
Total Inventory & Month's Supply of Inventory (MSI)
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
Total Inventory & Month's Supply of Inventory (MSI)
0
3 Mo Avg
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
17
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
900
was Total
529, Inventory
down 2.0%
from 540 last
month
The
of Properties
available
for and
sale down
as of 16.4%
March from
900 800
633 529,
in March
of last
year.
2017 and
Inventory
was at from
its
was
down 2.0%
from
540 March
last month
down 16.4%
800 700
633
in March
last year. with
March
2017 of Inventory
at its
lowest
level of
compared
March
2016