FL ARCHIVED March 2017 | Page 209

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

City : Gulf Breeze

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
$ 310,750
0 %
17 %
Average List Price of all Current Listings
$ 489,295
7 %
25 %
March Median Sales Price
$ 250,000
13 %
6 %
9 %
11 %
$ 236,000
10 %
5 %
March Average Sales Price
$ 300,617
4 %
6 %
18 %
14 %
$ 293,262
20 %
11 %
Total Properties Currently for Sale ( Inventory )
316
1 %
-25%
March Number of Properties Sold
97
83 %
11 %
204
0 %
March Average Days on Market ( Solds )
104
35 %
16 %
12 %
17 %
96
-9%
8 %
Asking Price per Square Foot ( based on New Listings )
$ 163
3 %
7 %
23 %
23 %
$ 153
20 %
15 %
March Sold Price per Square Foot
$ 132
-2%
2 %
12 %
9 %
$ 133
15 %
10 %
March Month ' s Supply of Inventory
3.3 -45% -35% -32% -28%
5.0
-26%
10 %
March Sale Price vs List Price Ratio
95.1 %
-. 5 % -. 9 % -1.1% -1.3%
95.7 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Gulf Breeze

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
160
March Property sales were 97 , up 11.5 % from 87 in March of
2016 and 83.0 % higher than the 53 sales last month . March
140
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to March of 2016
160
March and 2015 Property . March sales YTD were sales 97 , up of 204 11.5 % are from running 87 March 0.5 % ahead of of
2016 and 83.0 % higher than the 53 sales last month . March
140 last year ' s year-to-date sales of 203 .
2017 sales were at their highest level compared to March of 2016
120 and 2015 . March YTD sales of 204 are running 0.5 % ahead of
120
100
80
last year ' s year-to-date sales of 203 .
100
60
80
40
60
20
40
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
Prices
The Median Sales Price in March was $ 250,000 , up 8.7 % from
Prices
$ 229,950 in March of 2016 and up 13.2 % from $ 220,775 last
The month Median . The Sales Average Price Sales in March Price was in $ March 250,000 was , up $ 300,617 8.7 % from , up
350
$
18.1 229,950 % from in March $ 254,605 of 2016 in March and up of 13.2 2016 % from and up $ 220,775 3.8 % from last month . The Average Sales Price in March $ 300,617 , up
330
$ 289,663 last month . March 2017 ASP was at the highest level
18.1 % from $ 254,605 in March of 2016 and up 3.8 % from
310 compared to March of 2016 and 2015 .
$ 289,663 last month . March 2017 ASP was at the highest level
290 compared to March of 2016 and 2015 .
270
250
230
210
190
170
150
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
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
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
The was Total 316 , Inventory up 1.3 % from of Properties 312 last month available and for down sale as 24.6 of March % from 419 was in March 316 , up of 1.3 last % from year 312 . March last month 2017 Inventory and down 24.6 was % at from its lowest 419
600
600
500
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its lowest
500 level compared with March of 2016 and 2015 .
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
200 higher MSI is better for buyers . The March 2017 MSI of 3.3 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
100 months
2015 . was at its lowest level compared with March of 2016 and
2015 .
0
400
300
200
100
0
A
M J
M J
14
J A S O N D J
F M A M J
F M A M J
15
J A S O N D J
F M A M J
F M A M J
16
12.0
10.0
8.0
6.0
4.0
2.0
0.0
J A S O N D J
F M
F M
17
10.0
8.0
6.0
4.0
2.0
0.0
76 76 74 86 93 64 55 54 64 44 58 83 113 104 109 100 84 73 82 50 62 42 74 87 88 108 143 110 94 105 74 67 62 54 53 97
504
A 14
521 76 504 518
76 521
498 74 86 93 64 55 54
507 518
507 498
525 507
520 507
507 525 559
520 534
507
J A S O N D J
15
64 44 58
Number of Properties Sold
83 113 104 109 100 84 73
517 559
497 534
516 517
474 497
458
516 448 422
474
413 458
399 448
398 422
405 413
426 399
419 398
420 405
381 426
367 419
355 420 329 381
309 367
317 355
296 329
293
309 312
317
312
296 316 293
J A S O N D J
16
82 50 62 42 74 87 88 108 143 110 94
J A S O N D J
17
105 74 67
312 62 312
3 Mo Avg
54
316 53 97
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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