FL ARCHIVED March 2017 | Page 29

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

City : Palm Harbor

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
$ 289,900
4 %
17 %
Average List Price of all Current Listings
$ 385,320
4 %
14 %
March Median Sales Price
$ 196,500
-10% -11%
2 %
-14%
$ 210,000
5 %
-8%
March Average Sales Price
$ 245,296
1 %
-3%
8 %
-5%
$ 245,188
9 %
-5%
Total Properties Currently for Sale ( Inventory )
466
-4%
-14%
March Number of Properties Sold
197
49 %
20 %
431
13 %
March Average Days on Market ( Solds )
81 -11% -1%
21 %
33 %
83
19 %
36 %
Asking Price per Square Foot ( based on New Listings )
$ 163
3 %
4 %
14 %
11 %
$ 159
14 %
8 %
March Sold Price per Square Foot
$ 138
0 %
-1%
9 %
1 %
$ 137
10 %
1 %
March Month ' s Supply of Inventory
2.4 -36% -35% -28% -30%
3.6
-15%
7 %
March Sale Price vs List Price Ratio
94.4 %
-. 6 % -. 1 % -. 6 %
-. 4 %
94.9 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
March Property sales were 197 , up 20.1 % from 164 in March of
2016 and 49.2 % higher than the 132 sales last month . March
Property
2017 sales
Sales were at their highest level compared to March of 2016
250
March Property sales were 197 , up 20.1 % from 164 in March of and 2015 . March YTD sales of 431 are running 12.5 % ahead of
2016 and 49.2 % higher than the 132 sales last month . March last year ' s year-to-date sales of 383 .
2017 sales were at their highest level compared to March of 2016
200
200
150
and 2015 . March YTD sales of 431 are running 12.5 % ahead of
last year ' s year-to-date sales of 383 .
150
100

Palm Agent Harbor

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in March was $ 196,500 , up 1.6 % from
Prices $ 193,500 in March of 2016 and down 9.7 % from $ 217,500 last The month Median . The Sales Average Price Sales in March Price was in $ March 196,500 was , up $ 1.6 245,296 % from , up $ 7.9 193,500 % from in March $ 227,423 of 2016 in March and down of 2016 9.7 % and from up $ 0.7 217,500 % from last 290 month $ 243,528
. The last Average month Sales
. March
Price 2017 in March
ASP was was $ at 245,296 the highest , up level 7.9 % from $ 227,423 in March of 2016 and up 0.7 % from 270 compared to March of 2016 and 2015 . $ 243,528 last month . March 2017 ASP was at the highest level 250 compared to March of 2016 and 2015 .
230
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of March
The was Total 466 , Inventory down 4.3 of % Properties from 487 last available month for and sale down as of 13.9 March % from was 466 , down 4.3 % from 487 last month and down 13.9 % from 700
541 in March of last year . March 2017 Inventory was at its 541 lowest in March level of compared last year . with March March 2017 of Inventory 2016 and was 2015 at its . 600
lowest level compared with March of 2016 and 2015 .
500 400 300 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The March 2017 MSI of 2.4 200 higher MSI is better for buyers . The March 2017 MSI of 2.4 months was at its lowest level compared with March of 2016 and months was at its lowest level compared with March of 2016 and
100
2015
2015 .
.
0
100
50
0
210 190 170 150
50
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
14
15
16
17
A
M J
14
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
15
Median Sales Price and 16Average Sales Price
17
3 Mo Avg
290
Median Sales Price and Average Sales Price
3 Mo Avg
155 152 169 164 154 133 133 113 141 94 117 140 186 188 204 174 166 166 151 127 158 95 124 164 165 179 210 170 194 154 152 170 159 102 132 197
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 M14J
J
A S O N D
J
F M15A 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
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
7.0
600
7.0
6.0
500
6.0
5.0
400
300
5.0
4.0
3.0
4.0
3.0
200
2.0
2.0
100
1.0
1.0
0
0.0
A M AJ
MJ AJ
SJ
OA NS DO JN FD MJ
AFMM J
AJMA JS JO AN SD OJ
NF MD AJ
MF MJ JA AM SJ
OJ
NA DS
JOF NM D J
F M
14
14
15
15
16
16
17
17
0.0
604
155 152 169 164 154 133 133 113 141 94
602
610 604
598 602
614 610
595 598
631 614
621 595
590 631 572 621
562
590 575
572 564
562 563
575 560
564 556
563
515 499
560
515 556
493 515
472 499
503 515
518 493
472 541
117 140 186 188 204 174 166 166 151 127 158 95 124 164 165 179 210 170 194 154 152 170
539 503
530 518
529 541
540 539
556 530 520
529 527
540 535
556 496
520 494
527 487
535 466
496 159 494
102
487 132
466
197
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 Asso 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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