FL ARCHIVED March 2017 | Page 174

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

City : Kissimmee

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
$ 245,450
4 %
16 %
Average List Price of all Current Listings
$ 269,639
4 %
15 %
March Median Sales Price
$ 185,000
5 %
1 %
12 %
6 %
$ 180,000
10 %
3 %
March Average Sales Price
$ 193,814
5 %
0 %
8 %
5 %
$ 191,494
10 %
3 %
Total Properties Currently for Sale ( Inventory )
1,296 -10%
-23%
March Number of Properties Sold
377
22 %
7 %
968
9 %
March Average Days on Market ( Solds )
71
-9%
-3% -18%
-9%
73
-18%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 120
3 %
3 %
12 %
9 %
$ 117
9 %
6 %
March Sold Price per Square Foot
$ 107
2 %
2 %
11 %
6 %
$ 106
12 %
5 %
March Month ' s Supply of Inventory
3.4 -27% -23% -28% -27%
4.5
-23%
-5%
March Sale Price vs List Price Ratio
95.9 %
1.5 %
. 6 %
. 3 %
. 3 %
95.1 %
0 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
March Property sales were 377 , up 7.1 % from 352 in March of
2016 and 22.4 % higher than the 308 sales last month . March
450
Property
2017 sales Sales were at their highest level compared to March of 2016
500
400
March and 2015 Property . March sales YTD were sales 377 , of up 968 7.1 % are from running 352 in 9.3 March % ahead of of
450
2016 last and year 22.4 ' s year-to-date % higher than sales the of 308 886 sales . last month . March
2017 sales were at their highest level compared to March of 2016
400
350
300
and 2015 . March YTD sales of 968 are running 9.3 % ahead of
350
250
last year ' s year-to-date sales of 886 .
300
200

Kissimmee

Agent Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
320 357 353 324 301 346 355 271 362 232 308 359 356 371 476 380 391 338 352 280 317 251 283 352 389 408 360 403 372 320 284 318 355 283 308 377
1,793 1,814 1,809 1,835 1,900 1,906 1,978 1,992 1,878 1,870 1,897 1,883 1,814 1,830 1,780 1,773 1,745 1,719 1,733 1,736 1,699 1,685 1,674 1,675 1,598 1,526
A
14
320 357 353 324 301 346 355 271
J A S O N D J
15
362 232 308
Number of Properties Sold
200
100
150
50
100
0
50
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 $ 185,000 , up 12.3 % from
Prices
$ 164,750 in March of 2016 and up 5.1 % from $ 176,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 185,000 was , up $ 193,814 12.3 % from , up
200
$
8.3 164,750 % from in March $ 179,006 of 2016 in March and up of 5.1 2016 % from and $ up 176,000 4.8 % from last month . The Average Sales Price in March $ 193,814 , up
190
$ 184,891 last month . March 2017 ASP was at the highest level
8.3 % from $ 179,006 in March of 2016 and up 4.8 % from
180 compared to March of 2016 and 2015 .
$ 184,891 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
A
M J
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
14
15
16
17
3 Mo Avg
200
Median Sales Price and Average Sales Price
190
3 Mo Avg
180
170
160
150
140
130
120
110
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 1,296 Inventory , down 10.5 of Properties % from 1,448 available last month for sale and as of down March 22.6 %
2,500 was from 1,296 1,675 , down in March 10.5 % of from last 1,448 year . last March month 2017 and Inventory down 22.6 was % at
2,500
9.0
2,000 from its lowest 1,675 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at
8.0
2,000 its lowest level compared with March of 2016 and 2015 .
7.0
1,500
6.0
1,500
5.0
1,000
A comparatively lower MSI is more beneficial for sellers while
4.0
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
3.0 higher MSI is better for buyers . The March 2017 MSI of 3.4
500 higher MSI is better for buyers . The March 2017 MSI of 3.4
500
2.0 months was at its lowest level compared with March of 2016 and months was at its lowest level compared with March of 2016 and
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
M J
F M A M J
F M A M J
F M
14
15
16
17
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
1,793 1,814 1,809 1,835 1,900 1,906 1,978 1,992 1,878
359 356 371 476 380 391 338 352
J A S O N D J
16
280 317 251 283
1,870 1,897 1,883 1,814 1,830 1,780 1,773 1,745 1,719 1,733 1,736 1,699 1,685 1,674 1,675 352 389 408 360 403 372 320
1,497 1,492 1,526 1,580 1,565 1,527 1,436 1,490 1,448
1,296
J A S O N D J 17
3 Mo Avg
284 318 355
1,598 1,526 1,497 1,492 1,526 1,580 1,565 1,527 1,436 1,490
3 Mo Avg
283 308
1,448 1,296
377
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
174 | c o l d w e l l b a n k e r h o m e s . c o m
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 .