FL ARCHIVED March 2017 | Page 207

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

County : Santa Rosa

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
$ 259,000
4 %
13 %
Average List Price of all Current Listings
$ 350,911
4 %
22 %
March Median Sales Price
$ 220,400
3 %
3 %
13 %
10 %
$ 215,000
11 %
8 %
March Average Sales Price
$ 247,658
-1%
4 %
15 %
12 %
$ 240,478
13 %
9 %
Total Properties Currently for Sale ( Inventory )
1,353
-5%
-28%
March Number of Properties Sold
415
47 %
-1%
956
4 %
March Average Days on Market ( Solds )
90 -13% -3% -19%
-8%
93
-21%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 129
1 %
2 %
14 %
10 %
$ 127
11 %
9 %
March Sold Price per Square Foot
$ 121
2 %
4 %
14 %
12 %
$ 117
10 %
8 %
March Month ' s Supply of Inventory
3.3 -35% -30% -27% -31%
4.6
-30%
-2%
March Sale Price vs List Price Ratio
96.5 %
. 5 %
-. 1 %
. 1 %
. 1 %
96.3 %
0 %
-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 415 , down 1.2 % from 420 in March
of 2016 and 46.6 % higher than the 283 sales last month . March
Property
2017 sales Sales were at a mid level compared to March of 2016 and
600
500
March
2015 . Property March YTD sales sales were of 415 956 , down are running 1.2 % from 4.3 420 % ahead in March of last of year 2016 ' s year-to-date and 46.6 % higher sales than of 917 the . 283 sales last month . March
500
2017 sales were at a mid level compared to March of 2016 and
400
2015 . March YTD sales of 956 are running 4.3 % ahead of last year ' s year-to-date sales of 917 .
400
300
300
200

Santa Rosa Agent Name County 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
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 $ 220,400 , up 13.3 % from
250
Prices $ 194,450 in March of 2016 and up 2.5 % from $ 215,000 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 220,400 was , up $ 247,658 13.3 % from , up
240
250 $ 15.1 194,450 % from in March $ 215,151 of 2016 in March and up of 2.5 2016 % from and down $ 215,000 0.9 % last from 230 month . The Average Sales Price in March $ 247,658 , up
240
$ 249,969 last month . March 2017 ASP was at the highest level 220 15.1 % from $ 215,151 in March of 2016 and down 0.9 % from 230 compared to March of 2016 and 2015 .
210
$ 249,969 last month . March 2017 ASP was at the highest level 220 200 compared to March of 2016 and 2015 . 210
190 200
180 190
170 180
160
170 160
150
150 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 1,353 Inventory , down 4.9 of % Properties from 1,423 available last month for sale and as down of March 27.6 % 2,500
12.0 was from 1,353 1,869 , down in March 4.9 % from of last 1,423 year last . March month 2017 and down Inventory 27.6 % was at 2,500 12.0
2,000 10.0 from its lowest 1,869 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at 2,000
10.0 its lowest level compared with March of 2016 and 2015 .
8.0 1,500
8.0 1,500
6.0
1,000 6.0
A comparatively lower MSI is more beneficial for sellers while 1,000 a 4.0
A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The March 2017 MSI of 3.3 500 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 3.3 of 2016 and 500
2.0
2.0 months 2015 . was at its lowest level compared with March of 2016 and 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
257 332 323 368 360 299 332 254 287 211 276 323 370 394 436 453 328 339 317 236 340 219 278 420 388 427 527 452 439 433 358 352 363 258 283 415
2,316 2,336 2,352 2,283 2,221 2,184 2,202 2,167 2,171 2,289 2,242 2,305 2,276 2,291 2,271 2,164 2,085 2,019 2,002 1,932
A
14
257 332 323 368 360 299 332 254
J A S O N D J
15
287 211 276
Number of Properties Sold
323 370 394 436 453
2,316 2,336 2,352 2,283 2,221 2,184 2,202 2,167 2,171 2,289 2,242 2,305 2,276 2,291 2,271 2,164 2,085 328 339 317
J A S O N D J
16
236 340 219 278 420 388 427 527 452
2,019 2,002 1,932 1,892 1,888 1,895 1,869 1,848 1,847 1,839 1,721 1,655 1,615
1,892 1,888 1,895 1,869 1,848 1,847 1,839 1,721 1,655 1,615 1,563 1,515 1,472
439
J A S O N D J 17
433
1,445 1,423 1,353
3 Mo Avg
358 352 363
1,563 1,515 1,472 1,445 1,423
3 Mo Avg
258
1,353 283 415
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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