FL ARCHIVED March 2017 | Page 213

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

City : Pace

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
$ 235,000
4 %
20 %
Average List Price of all Current Listings
$ 263,639
3 %
21 %
March Median Sales Price
$ 215,323
12 %
6 %
20 %
15 %
$ 205,250
16 %
9 %
March Average Sales Price
$ 217,999
5 %
4 %
6 %
9 %
$ 210,828
5 %
5 %
Total Properties Currently for Sale ( Inventory )
284
-7%
-13%
March Number of Properties Sold
84
50 %
12 %
180
28 %
March Average Days on Market ( Solds )
92 -28% -6% -36% -15%
97
-36%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 104
6 %
1 %
9 %
5 %
$ 104
11 %
5 %
March Sold Price per Square Foot
$ 99
2 %
2 %
7 %
6 %
$ 97
4 %
4 %
March Month ' s Supply of Inventory
3.4 -38% -38% -23% -32%
5.5
-34%
11 %
March Sale Price vs List Price Ratio
97.9 %
-. 3 % -. 2 % -. 6 %
. 6 %
98.0 %
0 %
1 %
* 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 84 , up 12.0 % from 75 in March of
2016 and 50.0 % higher than the 56 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 84 , up of 180 12.0 are % from running 75 27.7 March % ahead of of
100
2016 last and year 50.0 ' s year-to-date % higher than sales the of 56141 sales . last month . March
2017 sales were at their highest level compared to March of 2016
120
80
and 2015 . March YTD sales of 180 are running 27.7 % ahead of
100
last year ' s year-to-date sales of 141 .
60
80
40
60
40
20
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 $ 215,323 , up 19.7 % from
250
Prices $ 179,950 in March of 2016 and up 11.6 % from $ 192,950 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 215,323 was , up $ 19.7 217,999 % from , up
240
250 $ 5.8 179,950 % from in March $ 206,055 of 2016 in March and up of 11.6 2016 % from and up $ 192,950 4.9 % from last 230 month . The Average Sales Price in March $ 217,999 , up
240
$ 207,855 last month . March 2017 ASP was at the highest level 220 5.8 % from $ 206,055 in March of 2016 and up 4.9 % from 230 compared to March of 2016 and 2015 .
210
$ 207,855 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 284 , Inventory down 6.9 of % Properties from 305 last available month for and sale down as of 13.4 March % from 450
14.0 was 328284 in , March down 6.9 of % last from year 305 . March last month 2017 and Inventory down 13.4 was % at from its 450 400
14.0 12.0
328 lowest in March level compared of last year . with March March 2017 of Inventory 2016 and was 2015 at . its 400 350 12.0 lowest level compared with March of 2016 and 2015 . 350
10.0 300
10.0
300 250 8.0
250 200 8.0
6.0
A comparatively lower MSI is more beneficial for sellers while
200 a 150
6.0
A comparatively lower MSI is more beneficial for sellers while a 150
4.0 higher MSI is better for buyers . The March 2017 MSI of 3.4 100
4.0 higher MSI is better for buyers . The March 2017 MSI of 3.4 100 months was at its lowest level compared with March of 2016 and 50
2.0 months was at its lowest level compared with March of 2016 and 50 2.0
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
37 59 65 48 53 64 56 49 64 34 54 53 64 59 77 87 55 61 55 31 51 28 38 75 85 91 115 67 88 80 62 70 83 40 56 84
413
A 14
410

Pace

37 413 403
59 410 379
Agent Name
65
Title Phone Website Other

Community Information | School District

48 53 64 56 49
352 403
356 379
331 352
315 356
306 331 333
315 320
306
J A S O N D J 15
64 333
34
335 333
54
320 367 335 357 333 355
Number of Properties Sold
53 64 59 77 87 55 61
367
352 355
357
337 355
315 352
324 355
341 337
321 315
328 324
318 341
326 321
327 328
310 318 296 326
311 327
294 310
285
296 293
311
306
294 305 285
284 293
J A S O N D J
16
55 31 51 28 38 75 85 91 115 67 88
J A S O N D J 17
80
3 Mo Avg
62 70
306 83 305
3 Mo Avg
40
284 56 84
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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