FL ARCHIVED March 2017 | Page 195

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

City : Pensacola Beach

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
$ 597,000
-0%
12 %
Average List Price of all Current Listings
$ 766,682
0 %
13 %
March Median Sales Price
$ 379,900
-1%
-2%
-4%
-12%
$ 390,000
-10%
-9%
March Average Sales Price
$ 468,854
6 %
-1%
-5%
-4%
$ 492,421
-2%
1 %
Total Properties Currently for Sale ( Inventory )
122
-1%
-20%
March Number of Properties Sold
29
32 %
142 %
69
57 %
March Average Days on Market ( Solds )
145 -21%
4 %
-6%
-2%
150
-6%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 332
-4%
-5%
-1%
-2%
$ 347
4 %
3 %
March Sold Price per Square Foot
$ 292
0 %
-3%
7 %
-2%
$ 302
5 %
1 %
March Month ' s Supply of Inventory
4.2 -25% -24% -67% -54%
5.5
-49%
-40%
March Sale Price vs List Price Ratio
95.3 %
1.8 % 1.1 % 1.6 % 2.1 %
93.8 %
1 %
1 %
* 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 29 , up 141.7 % from 12 in March of
2016 and 31.8 % higher than the 22 sales last month . March Property 2017 sales Sales were at their highest level compared to March of 2016 35
March and 2015 Property . March sales YTD were sales 29 , up of 69 141.7 are % running from 12 in 56.8 March % ahead of of 2016 last and year 31.8 ' s year-to-date % higher than sales the of 2244 sales . last month . March 30 2017 sales were at their highest level compared to March of 2016 and 2015 . March YTD sales of 69 are running 56.8 % ahead of 25 last year ' s year-to-date sales of 44 .
20

Pensacola Agent Name Beach Title Phone Website Other

Community Information | School District

15 10
35 30 25 20 15 10 5
Number of Properties Sold
22 29 22 15 15 20 25 19 13 24 21 26 21 27 31 29 25 23 23 19 16 21 11 12 27 11 22 16 22 23 27 18 15 18 22 29
185
A
14
22 29 22 15 15 20 25 19
199
198
185
186
199
186
198
173
186
164
186
156
173
147
164
152
156
152
147
J A S O N D J
15
13 24 21 26
Number of Properties Sold
5
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
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in March was $ 379,900 , down 4.3 %
700
Prices from $ 397,000 in March of 2016 and down 0.7 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 382,750 Median last Sales month Price . in The March Average was $ Sales 379,900 Price , down in March 4.3 % was
650
700 from
$ 468,854 $ 397,000 , down in March 4.9 % from of 2016 $ 492,992 and down in March 0.7 % from of 2016 and up
600
$ 382,750 last month . The Average Sales Price in March was
650
6.3 % from $ 441,015 last month . March 2017 ASP was at the
550
$ 468,854 , down 4.9 % from $ 492,992 in March of 2016 and up
600 lowest level compared to March of 2016 and 2015 .
500
6.3 % from $ 441,015 last month . March 2017 ASP was at the
550
450 lowest level compared to March of 2016 and 2015 .
500
400
450
350
400
300
350
250
300
250
200
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 122 , Inventory down 0.8 of % Properties from 123 last available month for and sale down as of 20.3 March % from was 153122 in , March down 0.8 of last % from year 123 . March last month 2017 and Inventory down 20.3 was % at from its
250
153 lowest in March level of compared last year . with March March 2017 of Inventory 2016 and was 2015 at its .
200 lowest level compared with March of 2016 and 2015 .
150
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2017 sellers MSI while of 4.2 a higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 4.2 of 2016 and
50 months
2015 . was at its lowest level compared with March of 2016 and
2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
250
18.0
200
16.0
14.0
150
12.0
10.0
100
8.0
6.0
50
4.0
2.0
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
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
21 27 31 29 25 23 23
143
152 152
152 153 143 162 152
156
153 157 146
162
139 156
129 157
120 146
136 139
146 129
120 153
136 175
146 172
175 153
175 175 167 172
148 175
148 175
151 167
138 148
123 148
123 151
122 138
J A S O N D J
16
19 16 21 11 12 27 11 22 16 22
J A S O N D J 17
23
3 Mo Avg
27 18
123 15
123
3 Mo Avg
18
122 22 29
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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