FL ARCHIVED March 2017 | Page 191

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

County : Escambia

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
$ 225,000
7 %
23 %
Average List Price of all Current Listings
$ 328,247
6 %
22 %
March Median Sales Price
$ 155,000
0 %
1 %
7 %
2 %
$ 154,000
6 %
1 %
March Average Sales Price
$ 191,991
-0%
-1%
12 %
1 %
$ 194,265
11 %
2 %
Total Properties Currently for Sale ( Inventory )
1,559
-3%
-21%
March Number of Properties Sold
455
34 %
6 %
1,110
6 %
March Average Days on Market ( Solds )
89
-4%
-2% -15%
-2%
92
-11%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 131
6 %
6 %
10 %
12 %
$ 128
11 %
9 %
March Sold Price per Square Foot
$ 109
-0%
1 %
19 %
6 %
$ 110
16 %
7 %
March Month ' s Supply of Inventory
3.4 -27% -22% -26% -25%
4.4
-23%
-4%
March Sale Price vs List Price Ratio
94.6 %
. 3 %
. 3 %
. 4 %
. 5 %
94.2 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
600
March Property sales were 455 , up 6.3 % from 428 in March of
2016 and 33.8 % higher than the 340 sales last month . March
Property
2017 sales Sales were at their highest level compared to March of 2016
600
500
March and 2015 Property . March sales YTD were sales 455 , of up 1,110 6.3 % are from running 428 in 5.9 March % ahead of of
2016 last and year 33.8 ' s year-to-date % higher than sales the of 340 1,048 sales . last month . March
500
2017 sales were at their highest level compared to March of 2016
400
and 2015 . March YTD sales of 1,110 are running 5.9 % ahead of last year ' s year-to-date sales of 1,048 .
400
300
300
200

Escambia Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
Number of Properties Sold
100
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
Prices
The Median Sales Price in March was $ 155,000 , up 7.0 % from
A
M J
14
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
15
16
17
3 Mo Avg
Prices
$ 144,800 in March of 2016 and up 0.3 % from $ 154,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 155,000 was , up $ 7.0 191,991 % from , up
$
12.5 144,800 % from in March $ 170,706 of 2016 in March and up of 0.3 2016 % from and $ down 154,500 0.0 last % from
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 192,011 . The last Average month Sales . March Price 2017 in March ASP was $ at 191,991 the highest , up level
12.5 % from $ 170,706 in March of 2016 and down 0.0 % from
220 compared to March of 2016 and 2015 .
$ 192,011 last month . March 2017 ASP was at the highest level
200
200
180
compared to March of 2016 and 2015 .
180
160
160 140
140 120
385 394 409 396 432 384 371 294 369
385 394 409 396 432 384 371 294 369 291 298 419 438 462 474 476 476 411 406 335 400 298 322 428 463 482 527 444 407 455 435 382 411 315 340 455
2,455 2,504 2,513 2,521 2,524 2,416 2,463 2,391 2,310 2,355 2,423 2,417 2,381 2,375 2,409 2,345 2,284 2,202 2,132 2,106 2,007
291 298
Number of Properties Sold
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
The was Total 1,559 Inventory , down 2.9 of % Properties from 1,606 available last month for sale and as down of March 20.9 %
3,000 was from 1,559 1,971 , down in March 2.9 % from of last 1,606 year last . March month 2017 and Inventory down 20.9 % was at
3,000
2,500 from its lowest 1,971 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at
2,500 its lowest level compared with March of 2016 and 2015 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
9.0
8.0
7.0
6.0
2,000
6.0
1,500
5.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The March 2017 MSI of 3.4 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
500 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
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
14
15
16
17
5.0
4.0
3.0
2.0
1.0
0.0
2,455 2,504 2,513 2,521 2,524 2,416 2,463 2,391 2,310
419 438 462 474 476 476 411 406
2,355 2,423 2,417 2,381 2,375 2,409 2,345 2,284 2,202 2,132 2,106 335 400 298 322
2,007 1,969 1,906 1,971 428 463 482 527 444 407 455
3 Mo Avg
435
1,969 1,906 1,971 1,956 1,919 1,897 1,922 1,883 1,843 1,772 1,789 1,692 1,584 1,606 1,559 382 411
1,956 1,919 1,897 1,922 1,883 1,843 1,772 1,789 1,692 1,584
3 Mo Avg
315 340
1,606 1,559
455
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 191