FL ARCHIVED March 2017 | Page 17

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

County : Pasco

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
$ 234,700
7 %
24 %
Average List Price of all Current Listings
$ 273,260
5 %
19 %
March Median Sales Price
$ 164,000
-4%
-3%
9 %
1 %
$ 165,000
17 %
2 %
March Average Sales Price
$ 187,703
3 %
1 %
12 %
5 %
$ 182,167
10 %
2 %
Total Properties Currently for Sale ( Inventory )
2,418
-4%
-16%
March Number of Properties Sold
1,039
38 %
4 %
2,460
1 %
March Average Days on Market ( Solds )
60
-5%
-3% -14%
-5%
63
-14%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 113
2 %
2 %
14 %
10 %
$ 111
12 %
8 %
March Sold Price per Square Foot
$ 99
1 %
0 %
13 %
6 %
$ 98
13 %
4 %
March Month ' s Supply of Inventory
2.3 -31% -27% -19% -23%
3.2
-15%
5 %
March Sale Price vs List Price Ratio
94.9 %
. 4 %
. 3 %
1.1 %
. 2 %
94.6 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200 March Property sales were 1,039 , up 4.1 % from 998 in March of 2016 and 38.3 % higher than the 751 sales last month . March Property Sales
1,000 2017 sales were at their highest level compared to March of 2016 1,200 March and 2015 Property . March sales YTD were sales 1,039 of , 2,460 up 4.1 % are from running 998 in 0.9 March % ahead of of
2016 and 38.3 % higher than the 751 sales last month . March 800 last year ' s year-to-date sales of 2,439 .
1,000 2017 sales were at their highest level compared to March of 2016 and 2015 . March YTD sales of 2,460 are running 0.9 % ahead of 600
800 last year ' s year-to-date sales of 2,439 .
Prices The Median Sales Price in March was $ 164,000 , up 9.4 % from
Prices $ 149,900 in March of 2016 and down 3.5 % from $ 170,000 last The month Median . The Sales Average Price Sales in March Price was in $ March 164,000 was , up $ 187,703 9.4 % from , up
200
$ 11.5 149,900 % from in March $ 168,327 of 2016 in March and down of 2016 3.5 % and from up $ 3.2 170,000 % from last month . The Average Sales Price in March $ 187,703 , up
190 $ 181,924 last month . March 2017 ASP was at the highest level 11.5 % from $ 168,327 in March of 2016 and up 3.2 % from 180 compared to March of 2016 and 2015 . $ 181,924 last month . March 2017 ASP was at the highest level 170 compared to March of 2016 and 2015 .
160 150 140 130 120 110 100

Pasco Agent County

Name
Title Phone Website Other

Community Information | School District

600 400
400 200
200
0
Number of Properties Sold
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
14
15
16
17
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
743 803 848 753 780 807 843 753 872 654 721 932 935 1,007 1,112 1,053 970 870 871 790 916 681 760 998 1,041 1,051 1,046 975 988 895 792 802 912 670 751 1,039
A
14 200 190 180 170 160 150 140 130 120 110 100
743 803 848 753
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
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 2,418 Inventory , down 3.9 of % Properties from 2,517 available last month for sale and as down of March 16.1 %
4,500 was from 2,418 2,883 , down in March 3.9 % from of last 2,517 year last . March month 2017 and down Inventory 16.1 % was at
4,5004,000
7.0 from its lowest 2,883 level in March compared of last year with . March of 2017 2016 Inventory and 2015 was . at
4,0003,500
6.0 its lowest level compared with March of 2016 and 2015 .
3,5003,000
5.0
3,0002,500
2,500
4.0
2,000
2,000
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,500 higher MSI is better for buyers . The March 2017 MSI of 2.3
1,000
2.0 higher MSI is better for buyers . The March 2017 MSI of 2.3
1,000 months was at its lowest level compared with March of 2016 and
500 months was at its lowest level compared with March of 2016 and
500
1.0
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
14
15
15
16
16
17
17
780 807 843 753 872 654 721
4,160 4,117 4,129 4,055 3,972 3,938 3,938 3,853 3,746 3,778 3,726 3,618 3,574 3,533
Number of Properties Sold
932 935 1,007 1,112 1,053 970 870 871 790 916 681
3,383 3,331 3,271 3,174 3,075 3,068 3,003 3,002 2,939 2,883 2,791 2,620 760 998 1,041 1,051 1,046 975 988
3 Mo Avg
895 792
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
14
15
16
17
4,160 4,117 4,129 4,055 3,972 3,938 3,938 3,853 3,746 3,778 3,726 3,618 3,574 3,533 3,383 3,331 3,271 3,174 3,075 3,068 3,003 3,002 2,939 2,883
2,654 2,577 2,533 2,598 2,609 2,629 2,552 2,588 2,517 2,418 802 912
2,791 2,620 2,654 2,577 2,533 2,598 2,609 2,629 2,552 2,588
3 Mo Avg
670 751
2,517 2,418
1,039
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
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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