FL ARCHIVED March 2017 | Page 60

Market Action Report March 2017
Phone Community Information | School District

City : Osprey

Price Range : All | Properties : SFH - Con

Osprey

Agent Name
Market Action Report March 2017

Phone Community Information | School District

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
$ 575,000
4 %
2 %
Average List Price of all Current Listings
$ 918,037
-2%
-5%
March Median Sales Price
$ 346,990
-26% -14% -17% -18%
$ 400,000
-16%
-6%
March Average Sales Price
$ 382,238
-17% -13% -9%
-21%
$ 426,660
-16%
-12%
Total Properties Currently for Sale ( Inventory )
209
-2%
11 %
March Number of Properties Sold
23
21 %
-23%
51
-27%
March Average Days on Market ( Solds )
126
24 %
14 %
15 %
19 %
122
12 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 273
-8%
5 %
22 %
12 %
$ 265
9 %
9 %
March Sold Price per Square Foot
$ 187
2 %
-4%
3 %
-4%
$ 187
-1%
-4%
March Month ' s Supply of Inventory
9.1 -19% -37% 45 %
7 %
14.4
65 %
70 %
March Sale Price vs List Price Ratio
91.6 % -1.6% -1.0% -2.8% -. 6 %
92.4 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
40
March Property sales were 23 , down 23.3 % from 30 in March of
2016 and 21.1 % higher than the 19 sales last month . March 2017
35
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to March of 2016 and
40
March
2015 . Property March YTD sales sales were of 2351 , down are running 23.3 % from 27.130 % behind March last of
2016 year and ' s year-to-date 21.1 % higher sales than of the 7019 . sales last month . March 2017
35 sales were at their lowest level compared to March of 2016 and
2015 . March YTD sales of 51 are running 27.1 % behind last
30
30
25
20
year ' s year-to-date sales of 70 .
25
15
20
10
15
5
10
0
5
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
Prices
14
The Median Sales Price in March was $ 346,990 , down 16.8 %
900
Prices from $ 417,000 in March of 2016 and down 26.2 % from
The
$ 470,000 Median last Sales month Price . in The March Average was $ Sales 346,990 Price , down in March 16.8 % was
900
800 from
$ 382,238 $ 417,000 , down in March 9.1 % from of 2016 $ 420,355 and down in March 26.2 % from of 2016 and
$ down 470,000 17.1 last % from month $ 461,184 . The Average last month Sales . Price March in March 2017 ASP was was at
800
700
J
A S O N D
JMedian
F M A MSales J
J APrice S O Nand D
J Average
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ the 382,238 lowest , down level 9.1 compared % from $ to 420,355 March in of March 2016 of and 2016 2015 and . down 17.1 % from $ 461,184 last month . March 2017 ASP was at
700
600
the lowest level compared to March of 2016 and 2015 .
600
500
500 400
400 300
300 200 200
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 209 , Inventory down 2.3 of % Properties from 214 last available month for and sale up as 11.2 of March % from 250
25.0 was 188209 in , March down 2.3 of last % from year 214 . March last month 2017 and Inventory up 11.2 % was from at its 250 25.0
200 20.0
188 highest in March level of compared last year . with March March 2017 Inventory of 2016 and was 2015 at its . 200
20.0 highest level compared with March of 2016 and 2015 .
150 15.0
150 15.0
100 10.0
A comparatively lower MSI is more beneficial for sellers while 100 a 10.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2017 sellers MSI while of 9.1 a 50
5.0 higher months MSI was is better at its highest for buyers level . The compared March 2017 with MSI March of 9.1 of 2016 50
5.0 months and 2015 was . at its highest level compared with March of 2016
0 0.0 and 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
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 14
15 16
17
194 196
27 194 174
27 196 160
25
Title
Website Other
21 14 26
151 174
155 160
167 151
175 155
188 167 189
175 186
188
27 27 25 21 14 26 16 9 16 9 11 12 14 23
Number of Properties Sold
27 36 32 36
193 189
188 186
174 193
157 188
150
174 157 150
133 161
133 156
136 184
161 191
156 188
172 184
166 191
164 188
163 172 153 166
151 164
155
163 175 153 182 151
206 155
214 175 209 182
133 133 136
25 23 23 15 18 15 25 30 24 33 22 19 20 20 13
11 12 14 23 27 36 32 36 25 23 23 15 18 15 25 30 24 33 22 19 20 20 13 27 13 9
27
19 23 206
13 214
3 Mo Avg
9
209 19 23
60 | c o l d w e l l b a n k e r h o m e s . c o m
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