Market Action Report March 2017
Community Information | School District
Market Action Report March 2017
City : Palm Coast
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 |
$ 279,000 |
1 % |
|
5 % |
|
|
|
|
Average List Price of all Current Listings |
$ 401,805 |
-2% |
|
1 % |
|
|
|
|
March Median Sales Price |
$ 200,000 |
-2% |
-2% |
6 % |
5 % |
$ 197,000 |
9 % |
3 % |
March Average Sales Price |
$ 246,041 |
9 % |
3 % |
6 % |
5 % |
$ 233,684 |
6 % |
0 % |
Total Properties Currently for Sale ( Inventory ) |
922 |
-3% |
|
-20% |
|
|
|
|
March Number of Properties Sold |
229 |
72 % |
|
13 % |
|
491 |
-2% |
|
March Average Days on Market ( Solds ) |
79 |
-6% |
-2% -14% |
-6% |
77 |
-18% |
-8% |
Asking Price per Square Foot ( based on New Listings ) |
$ 144 |
3 % |
2 % |
4 % |
4 % |
$ 143 |
4 % |
4 % |
March Sold Price per Square Foot |
$ 125 |
1 % |
0 % |
5 % |
6 % |
$ 122 |
9 % |
3 % |
March Month ' s Supply of Inventory |
4.0 -44% -35% -29% -27% |
6.2 |
-13% |
12 % |
March Sale Price vs List Price Ratio |
96.3 % |
-. 5 % -. 1 % -. 1 % |
-. 2 % |
96.6 % |
0 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
300 |
March Property sales were 229 , up 12.8 % from 203 in March of |
|
2016 and 72.2 % higher than the 133 sales last month . March
Property
2017 sales Sales were at their highest level compared to March of 2016
300
|
250 |
|
March and 2015 Property . March sales YTD were sales 229 , of up 491 12.8 are % from running 2031.6 in % March behind of last
2016 year and ' s year-to-date 72.2 % higher sales than of the 499 133 . sales last month . March
250
2017 sales were at their highest level compared to March of 2016
|
200 |
and 2015 . March YTD sales of 491 are running 1.6 % behind last year ' s year-to-date sales of 499 . |
200 |
150 |
|
150 |
100 |
Palm Agent Coast
Name
Title Phone Website Other
Community Information | School District
100 50
Number of Properties Sold
50 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
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in March was $ 200,000 , up 6.4 % from
300
Prices $ 188,000 in March of 2016 and down 2.0 % from $ 204,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 200,000 was , up $ 246,041 6.4 % from , up
280
300 $ 6.3 188,000 % from in $ March 231,491 of 2016 in March and down of 2016 2.0 and % from up 9.2 $ 204,000 % from last 260 month . The Average Sales Price in March $ 246,041 , up
280
$ 225,274 last month . March 2017 ASP was at the highest level 240 6.3 % from $ 231,491 in March of 2016 and up 9.2 % from 260 compared to March of 2016 and 2015 .
220
$ 225,274 last month . March 2017 ASP was at the highest level 240 200 compared to March of 2016 and 2015 . 220
180 200
160 180
140 160
120
140 120
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 922 , Inventory down 3.0 of % Properties from 951 last available month for and sale down as of 20.3 March % from 1,400
12.0 was 1,157 922 in , down March 3.0 of % last from year 951 . March last month 2017 and Inventory down 20.3 was % at from its 1,4001,200 12.0
10.0
1,157 lowest in March level compared of last year with . March March 2017 of Inventory 2016 and was 2015 at . its 1,200 1,000
10.0 lowest level compared with March of 2016 and 2015 .
8.0 1,000
800 8.0
800 6.0
600 6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
400 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The March 2017 MSI of 4.0 400 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 4.0 of 2016 and
200 2.0
2.0 months was at its lowest level compared with March of 2016 and
200 2015 .
0 0.0
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
M J F M A M J
F M A M J F M
14 15
16 17
211 215 194 213 195 193 181 172 211 122 148 219 225 221 230 236 215 202 200 153 190 121 175 203 184 234 249 222 224 194 184 159 193 129 133 229
1,288 1,289 1,266 1,212 1,204 1,207 1,188 1,202 1,165 1,232 1,233 1,192 1,186 1,170 1,172 1,144 1,115 1,109 1,079
A
14
211 215 194 213 195 193 181 172
J A S O N D J
15
211 122 148
Number of Properties Sold
219 225 221 230 236 215
1,288 1,289 1,266 1,212 1,204 1,207 1,188 1,202 1,165 1,232 1,233 1,192 1,186 1,170 1,172 1,144 1,115 1,109 202 200
J A S O N D J
16
153 190 121 175 203 184 234 249 222 224
1,058 1,013 1,085 1,130 1,157 1,108 1,091 1,058 1,024 1,045 1,011 930 940 895 941
J A S O N D J 17
194
1,079 1,058 1,013 1,085 1,130 1,157 1,108 1,091 1,058 1,024 1,045 1,011 930 940
3 Mo Avg
184
951 922
159 193 129
895 941 951 922
3 Mo Avg
133
229
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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