FL ARCHIVED March 2017 | Page 193

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

City : Pensacola

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
$ 196,788
9 %
27 %
Average List Price of all Current Listings
$ 265,578
7 %
27 %
March Median Sales Price
$ 145,000
0 %
1 %
9 %
3 %
$ 142,700
10 %
2 %
March Average Sales Price
$ 161,482
-5%
-4%
4 %
-2%
$ 163,004
6 %
-1%
Total Properties Currently for Sale ( Inventory )
1,166
-3%
-18%
March Number of Properties Sold
359
36 %
0 %
870
3 %
March Average Days on Market ( Solds )
81
-7%
-5% -16%
-4%
85
-10%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 111
2 %
5 %
12 %
13 %
$ 108
14 %
10 %
March Sold Price per Square Foot
$ 91
-4%
-2%
8 %
2 %
$ 92
11 %
3 %
March Month ' s Supply of Inventory
3.2 -28% -22% -18% -23%
4.2
-22%
-2%
March Sale Price vs List Price Ratio
94.4 %
. 4 %
. 3 %
. 4 %
. 5 %
94.0 %
1 %
0 %
* 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 359 , up 0.3 % from 358 in March of
2016 and 36.0 % higher than the 264 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 359 , of up 870 0.3 are % from running 358 in 3.3 March % ahead of of
450
2016 last and year 36.0 ' s year-to-date % higher than sales the of 264 842 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 870 are running 3.3 % ahead of
350
250
last year ' s year-to-date sales of 842 .
300
200

Pensacola

Agent Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
299 291 327 324 350 302 290 233 305 226 240 340 342 357 377 365 381 320 316 263 310 219 265 358 377 390 429 344 315 341 354 310 333 247 264 359
1,831 1,865 1,876 1,899 1,905 1,821 1,827 1,797 1,750 1,777 1,808 1,806 1,762 1,760 1,789 1,750 1,716 1,643 1,604 1,616 1,532 1,488 1,409 1,425
A
14
299 291 327 324 350 302 290 233
J A S O N D J
15
305 226 240
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 $ 145,000 , up 8.6 % from
Prices
$ 133,500 in March of 2016 and up 0.3 % from $ 144,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 145,000 was , up $ 8.6 161,482 % from , up
200
$
3.7 133,500 % from in March $ 155,742 of 2016 in March and up of 0.3 2016 % from and down $ 144,500 4.8 % last from month . The Average Sales Price in March $ 161,482 , up
190
$ 169,673 last month . March 2017 ASP was at the highest level
3.7 % from $ 155,742 in March of 2016 and down 4.8 % from
180 compared to March of 2016 and 2015 .
$ 169,673 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 1,166 Inventory , down 2.5 of % Properties from 1,196 available last month for sale and as down of March 18.2 %
2,500 was from 1,166 1,425 , down in March 2.5 % from of last 1,196 year last . March month 2017 and down Inventory 18.2 % was at
2,500
9.0
2,000 from its lowest 1,425 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 3.2
500 higher MSI is better for buyers . The March 2017 MSI of 3.2
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
1,831 1,865 1,876 1,899 1,905 1,821 1,827 1,797 1,750
340 342 357 377 365 381 320 316
J A S O N D J 16
263
1,777 1,808 1,806 1,762 1,760 1,789 1,750 1,716 1,643 1,604 1,616 1,532 310 219 265
1,488 1,409 1,425 358 377 390 429 344 315 341
1,415 1,400 1,406 1,418 1,382 1,363 1,302 1,313 1,224 1,164 1,196 1,166
J A S O N D J 17
3 Mo Avg
354 310 333
1,415 1,400 1,406 1,418 1,382 1,363 1,302 1,313 1,224 1,164
3 Mo Avg
247 264
1,196 1,166
359
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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