FL ARCHIVED March 2017 | Page 185

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

County : Bay

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
$ 374,950
8 %
22 %
Average List Price of all Current Listings
$ 527,928
9 %
21 %
March Median Sales Price
$ 276,000
8 %
3 %
14 %
8 %
$ 255,213
4 %
0 %
March Average Sales Price
$ 310,982
-1%
0 %
11 %
-2%
$ 300,493
-1%
-6%
Total Properties Currently for Sale ( Inventory )
260 -17%
-35%
March Number of Properties Sold
53
20 %
56 %
130
44 %
March Average Days on Market ( Solds )
170
29 %
17 %
8 %
24 %
149
-10%
9 %
Asking Price per Square Foot ( based on New Listings )
$ 270
15 %
7 %
-4%
15 %
$ 252
13 %
8 %
March Sold Price per Square Foot
$ 228
4 %
3 %
7 %
8 %
$ 221
6 %
4 %
March Month ' s Supply of Inventory
4.9 -31% -33% -58% -59%
7.3
-50%
-39%
March Sale Price vs List Price Ratio
95.4 %
1.3 %
. 8 %
2.3 % 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 March Property sales were 53 , up 55.9 % from 34 in March of
2016 and 20.5 % higher than the 44 sales last month . March Property 2017 sales Sales were at their highest level compared to March of 2016 60
March and 2015 Property . March sales YTD were sales 53 , up of 130 55.9 are % from running 34 in 44.4 March % ahead of of 2016 last and year 20.5 ' s year-to-date % higher than sales the of 4490 sales . last month . March
50
2017 sales were at their highest level compared to March of 2016 and 2015 . March YTD sales of 130 are running 44.4 % ahead of
40 last year ' s year-to-date sales of 90 .

Bay County

Agent Name
Title Phone Website Other

Community Information | School District

30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
20 10
Prices The Median Sales Price in March was $ 276,000 , up 13.8 % from
Prices $ 242,500 in March of 2016 and up 7.9 % from $ 255,713 last The month Median . The Sales Average Price Sales in March Price was in $ March 276,000 was , up $ 310,982 13.8 % from , up $ 10.6 242,500 % from in March $ 281,273 of 2016 in March and up of 7.9 2016 % from and $ down 255,713 1.0 last % from month $ 314,160 . The last Average month Sales . March Price 2017 in March ASP was $ at 310,982 a mid , range up 10.6 compared % from $ to 281,273 March in of March 2016 and of 2016 2015 and . down 1.0 % from $ 314,160 last month . March 2017 ASP was at a mid range compared to March of 2016 and 2015 .
10
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
14
15
16
17
A
M J
14
J
A S O N D
JMedian
F M A MSales J
J APrice S O Nand D
J Average
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
3 Mo Avg
400
Median Sales Price and Average Sales Price
24 32 26 24 32 29 23 30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 38 34 33 42 36 31 56 37 38 25 35 33 44 53
380
3 Mo Avg
400
360
380
340
360
340
320
300
280
260
240
220
200
320
300
280
260
240
220
200
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 260 , Inventory down 17.2 of % Properties from 314 available last month for and sale down as of March 35.0 % was from 260400 , down in March 17.2 % from of last 314 year last . March month and 2017 down Inventory 35.0 % was at its
450 from lowest 400 level in March compared of last with year March . of 2017 2016 Inventory and 2015 was . at its
400 lowest level compared with March of 2016 and 2015 .
350
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The March 2017 MSI of 4.9 higher MSI is better for buyers . The March 2017 MSI of 4.9
100 months was at its lowest level compared with March of 2016 and months was at its lowest level compared with March of 2016 and
50
2015 .
2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
25.0
350
300
20.0
250
15.0
200
150
10.0
100
50
5.0
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
25.0
20.0
15.0
10.0
5.0
0.0
283
A 14
294 24
283 285
32 294
284 26 24 32 29 23 30
302 285
308 284
328 302
325 308
287 328 318 325
301 287
J A S O N D J
15
31 14 318
307
343 28 45 36
301
376 307 373 343 386 39 36 37 29 45 53
376 391 397
373
374 386
361 391
364 397
393 374
400 361
400 364
407 393
420 400
408 400
409 407 387 420
382 408
388 409
363 387
347 382
324 388
314 363
J A S O N D J
16
42 42 18 38 34 33 42 36 31 56
J A S O N D J
17
37 38 260
347 25
324 35
314 33
260 44 53
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 Ass 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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