FL ARCHIVED March 2017 | Page 199

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

City : Crestview

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
$ 215,000
-1%
10 %
Average List Price of all Current Listings
$ 232,459
1 %
21 %
March Median Sales Price
$ 179,950
0 %
3 %
20 %
7 %
$ 178,250
17 %
6 %
March Average Sales Price
$ 175,945
2 %
3 %
17 %
4 %
$ 172,889
14 %
2 %
Total Properties Currently for Sale ( Inventory )
378
2 %
-22%
March Number of Properties Sold
102
31 %
24 %
236
16 %
March Average Days on Market ( Solds )
81 -23% -16% -40% -22%
90
-31%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 102
4 %
1 %
13 %
9 %
$ 103
14 %
10 %
March Sold Price per Square Foot
$ 93
8 %
6 %
19 %
10 %
$ 90
15 %
6 %
March Month ' s Supply of Inventory
3.7 -22% -27% -38% -30%
5.1
-29%
-4%
March Sale Price vs List Price Ratio
97.3 %
3.0 % 1.5 % 4.2 % 2.1 %
95.7 %
3 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
March Property sales were 102 , up 24.4 % from 82 in March of
2016 and 30.8 % higher than the 78 sales last month . March
120
Property
2017 sales Sales were at their highest level compared to March of 2016
140
March and 2015 Property . March sales YTD were sales 102 , of up 236 24.4 are % from running 82 in 16.3 March % ahead of of
100
2016 last and year 30.8 ' s year-to-date % higher than sales the of 78203 sales . last month . March
2017 sales were at their highest level compared to March of 2016
120
80
and 2015 . March YTD sales of 236 are running 16.3 % ahead of
100
last year ' s year-to-date sales of 203 .
60
80
40
60
40
20

Crestview

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
0
20 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 $ 179,950 , up 20.0 % from
200
Prices $ 150,000 in March of 2016 and up 0.3 % from $ 179,450 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 179,950 was , up $ 20.0 175,945 % from , up
190
200 $ 17.0 150,000 % from in March $ 150,367 of 2016 in March and up of 0.3 2016 % from and $ up 179,450 1.8 % from last 180 month . The Average Sales Price in March $ 175,945 , up
190
$ 172,831 last month . March 2017 ASP was at the highest level 170 17.0 % from $ 150,367 in March of 2016 and up 1.8 % from 180 compared to March of 2016 and 2015 .
160
$ 172,831 last month . March 2017 ASP was at the highest level 170 150 compared to March of 2016 and 2015 . 160
140 150
130 140
120 130
110
120 110
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 378 , Inventory up 1.6 % from of Properties 372 last available month and for down sale as 22.4 of March % from 700
12.0 was 487378 in , March up 1.6 % of from last year 372 last . March month 2017 and Inventory down 22.4 was % from at its 700 600 12.0
10.0 487 lowest in March level of compared last year . with March March 2017 of Inventory 2016 and was 2015 at . its 600
500 10.0 lowest level compared with March of 2016 and 2015 . 8.0
500 400
8.0
400 6.0
300 6.0
A comparatively lower MSI is more beneficial for sellers while 300 a 4.0
200 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The March 2017 MSI of 3.7 200 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 3.7 of 2016 and
100 2.0
2.0 months was at its lowest level compared with March of 2016 and
100 2015 .
0 0.0
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
59 79 88 80 68 83 76 70 64 63 76 80 87 97 105 80 88 84 76 71 81 56 65 82 100 100 113 102 119 104 85 75 102 56 78 102
587
587
609
587
626
587
609
609
586
626
594
609
585
586
559
594
561
585
542
559
A
14
59 79 88 80 68 83 76 70
J A S O N D J
15
64 63 76
Number of Properties Sold
80 87 97 105 80 88 84
534 561
520 542
538 534 586 520 595 538
567 519
586
512 595
480 567
468 519
444 512
482 480
487 468
444 522
530 482
510 487
497 522 459 530
429 510
407 497
389 459
403 429
375 407
372 389
378 403
J A S O N D J
16
76 71 81 56 65 82 100 100 113 102 119
J A S O N D J 17
104
3 Mo Avg
85 75
375 102 372
3 Mo Avg
56
378 78 102
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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