Quarterly Market Detail - Q1 2017 Single Family Homes · 2017. 5. 11. · 4.6 Q1 Q2 Q3 Q4 Q1 Q2 Q3...
Transcript of Quarterly Market Detail - Q1 2017 Single Family Homes · 2017. 5. 11. · 4.6 Q1 Q2 Q3 Q4 Q1 Q2 Q3...
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
Q4 2016 639 10.2%
-0.3%
6.2%
Q3 2016 796
Q2 2016 924
6.6%
-0.9%
24.6%
15.1%
21.8%
-4.6%
Q4 2014 585
Q3 2014 655
7.7%
2.3%
-0.4%Q2 2014 698
Q1 2014 436
Q2 2015 870
Q1 2015 502
Q1 2016 535
Q4 2015 580
Q3 2015 798
96.6% 0.2%
56 Days 60 Days -6.7%
$180,000 2.7%
$134.8 Million $114.7 Million 17.5%
$225,053 $214,364 5.0%
Q1 2016Percent Change
Year-over-Year
145 154 -5.8%
599 535 12.0%
3.7
Summary Statistics
Closed Sales
Paid in Cash
96.8%
Q1 2017
$184,900Median Sale Price
Average Sale Price
Dollar Volume
-19.6%
Q1 2017
Median Percent of Original
List Price Received
Median Time to Contract
94 Days
1,004
Median Time to Sale
New Pending Sales
New Listings
Quarter
1,045
Pending Inventory 541
Inventory (Active Listings) 910
Months Supply of Inventory
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend comparing the percent changes in sales rather than the
number of sales. Closed Sales (and many other market metrics) are
affected by seasonal cycles, so actual trends are more accurately
represented by year-over-year changes (i.e. comparing a quarter's
sales to the amount of sales in the same quarter in the previous year),
rather than changes from one quarter to the next.
-14.5%
872 15.1%
Percent Change
Year-over-Year
12.0%
1,053 -0.8%
Closed Sales
599
110 Days
537 0.7%
1,065 -14.6%
4.6
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Quarterly Market Detail - Q1 2017
Alachua CountySingle Family Homes
0
200
400
600
800
1,000
Clo
sed
Sal
es
2013 2014 2015 2016
Closed SalesThe number of sales transactions which closed during the quarter
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
$100,000 - $149,999 104 -2.8%
Sale Price Closed SalesPercent Change
Year-over-Year
Less than $50,000 22 -21.4%
$50,000 - $99,999 43 -27.1%
$150,000 - $199,999 156 44.4%
$200,000 - $249,999 92 5.7%
$50,000 - $99,999 62 Days 29.2%
$100,000 - $149,999
$400,000 - $599,999 38 8.6%
$600,000 - $999,999 10 11.1%
44 Days -24.1%
Economists' note: Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend comparing the percent changes in sales rather than the
number of sales. Closed Sales (and many other market metrics) are
affected by seasonal cycles, so actual trends are more accurately
represented by year-over-year changes (i.e. comparing a quarter's
sales to the amount of sales in the same month in the previous year),
rather than changes from one quarter to the next.
Sale PriceMedian Time to
Contract
Percent Change
Year-over-Year
Less than $50,000 42 Days -36.4%
$1,000,000 or more 4 33.3%
$250,000 - $299,999 60 27.7%
$300,000 - $399,999 70 34.6%
Economists' note : Like Time to Sale, Time to Contract is a measure of
the length of the home selling process calculated for sales which closed
during the quarter. The difference is that Time to Contract measures
the number of days between the initial listing of a property and the
signing of the contract which eventually led to the closing of the sale.
When the gap between Median Time to Contract and Median Time to
Sale grows, it is usually a sign of longer closing times and/or declining
numbers of cash sales.
$150,000 - $199,999 64 Days -7.2%
$200,000 - $249,999 55 Days 1.9%
$250,000 - $299,999
$400,000 - $599,999 193 Days 101.0%
60 Days -22.1%
$300,000 - $399,999 74 Days 80.5%
$600,000 - $999,999 1 Day -97.2%
$1,000,000 or more 22 Days 100.0%
0
50
100
150
200
250
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Me
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Q1 2016 Q1 2017
0
50
100
150
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250
020406080
100120140160180
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Clo
sed
Sal
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Q1 2016 Q1 2017
020406080100120140160180
Quarterly Market Detail - Q1 2017
Alachua CountySingle Family Homes
Closed Sales by Sale PriceThe number of sales transactions which closed during the quarter
Median Time to Contract by Sale PriceThe median number of days between the listing date and contract date for all Closed Sales during the quarter
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
Initial Listing Price New ListingsPercent Change
Year-over-Year
Less than $50,000 23 -32.4%
$50,000 - $99,999 62 5.1%
$100,000 - $149,999 142 2.2%
Economists' note: New Listings tend to rise in delayed response to
increasing prices, so they are often seen as a lagging indicator of
market health. As prices rise, potential sellers raise their estimations
of value—and in the most recent cycle, rising prices have freed up
many potential sellers who were previously underwater on their
mortgages. Note that in our calculations, we take care to not include
properties that were recently taken off the market and quickly relisted,
since these are not really new listings.
$150,000 - $199,999 195 -12.9%
$200,000 - $249,999 179 -3.2%
$250,000 - $299,999 149 20.2%
$300,000 - $399,999 145 5.1%
$400,000 - $599,999 92 12.2%
$600,000 - $999,999 46 -9.8%
$1,000,000 or more 12 -29.4%
Current Listing Price InventoryPercent Change
Year-over-Year
Less than $50,000 12 -60.0%
$50,000 - $99,999 55 -27.6%
$100,000 - $149,999 97 -18.5%
Economists' note : There are a number of ways to define and calculate
Inventory. Our method is to simply count the number of active listings
on the last day of the quarter, and hold this number to compare with
the same quarter the following year. Inventory rises when New
Listings are outpacing the number of listings that go off-market
(regardless of whether they actually sell). Likewise, it falls when New
Listings aren't keeping up with the rate at which homes are going off-
market.
$150,000 - $199,999 133 -24.4%
$200,000 - $249,999 116 -17.7%
$250,000 - $299,999 117 -14.6%
$300,000 - $399,999 142 -16.0%
$400,000 - $599,999 144 15.2%
$600,000 - $999,999 65 -5.8%
$1,000,000 or more 29 26.1%
0
50
100
150
200
250
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Ne
w L
isti
ngs
Q1 2016 Q1 2017
0
50
100
150
200
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Inve
nto
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Q1 2016 Q1 2017
0
50
100
150
200
0
50
100
150
200
250
Quarterly Market Detail - Q1 2017
Alachua CountySingle Family Homes
New Listings by Initial Listing PriceThe number of properties put onto the market during the quarter
Inventory by Current Listing PriceThe number of property listings active at the end of the quarter
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
Q1 2017 Q1 2016Percent Change
Year-over-Year
Traditional
551 442 24.7%
$193,400 $192,000 0.7%
Foreclosure/REO
40 83 -51.8%
$116,250 $101,000 15.1%
Short Sale
8 10 -20.0%
$170,950 $129,000 32.5%
2011 2012 2013 2014
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Me
dia
n S
ale
Pri
ce
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Clo
sed
Sal
es
Traditional Foreclosure/REO Short Sale
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Quarterly Distressed Market - Q1 2017
Alachua CountySingle Family Homes
2011 2012 2013 2014
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
Q4 2016 140 4.5%
14.0%
31.5%
Q3 2016 236
Q2 2016 267
12.4%
-2.9%
-6.9%
39.8%
19.7%
-30.0%
Q4 2014 138
Q3 2014 173
14.0%
-12.2%
31.3%Q2 2014 218
Q1 2014 98
Q2 2015 203
Q1 2015 137
Q1 2016 154
Q4 2015 134
Q3 2015 207
94.1% 2.8%
36 Days 53 Days -32.1%
$96,000 16.7%
$20.4 Million $16.1 Million 26.5%
$117,308 $104,778 12.0%
Q1 2016Percent Change
Year-over-Year
116 103 12.6%
174 154 13.0%
2.1
Summary Statistics
Closed Sales
Paid in Cash
96.7%
Q1 2017
$112,000Median Sale Price
Average Sale Price
Dollar Volume
-54.3%
Q1 2017
Median Percent of Original
List Price Received
Median Time to Contract
67 Days
251
Median Time to Sale
New Pending Sales
New Listings
Quarter
253
Pending Inventory 117
Inventory (Active Listings) 144
Months Supply of Inventory
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend comparing the percent changes in sales rather than the
number of sales. Closed Sales (and many other market metrics) are
affected by seasonal cycles, so actual trends are more accurately
represented by year-over-year changes (i.e. comparing a quarter's
sales to the amount of sales in the same quarter in the previous year),
rather than changes from one quarter to the next.
-29.5%
249 0.8%
Percent Change
Year-over-Year
13.0%
297 -14.8%
Closed Sales
174
95 Days
137 -14.6%
269 -46.5%
4.6
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Quarterly Market Detail - Q1 2017
Alachua CountyTownhouses and Condos
0
50
100
150
200
250
300
Clo
sed
Sal
es
2013 2014 2015 2016
Closed SalesThe number of sales transactions which closed during the quarter
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
$100,000 - $149,999 73 73.8%
Sale Price Closed SalesPercent Change
Year-over-Year
Less than $50,000 14 -22.2%
$50,000 - $99,999 54 -23.9%
$150,000 - $199,999 16 23.1%
$200,000 - $249,999 12 71.4%
$50,000 - $99,999 41 Days -26.8%
$100,000 - $149,999
$400,000 - $599,999 0 N/A
$600,000 - $999,999 0 N/A
37 Days -43.1%
Economists' note: Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend comparing the percent changes in sales rather than the
number of sales. Closed Sales (and many other market metrics) are
affected by seasonal cycles, so actual trends are more accurately
represented by year-over-year changes (i.e. comparing a quarter's
sales to the amount of sales in the same month in the previous year),
rather than changes from one quarter to the next.
Sale PriceMedian Time to
Contract
Percent Change
Year-over-Year
Less than $50,000 26 Days -10.3%
$1,000,000 or more 0 N/A
$250,000 - $299,999 5 150.0%
$300,000 - $399,999 0 -100.0%
Economists' note : Like Time to Sale, Time to Contract is a measure of
the length of the home selling process calculated for sales which closed
during the quarter. The difference is that Time to Contract measures
the number of days between the initial listing of a property and the
signing of the contract which eventually led to the closing of the sale.
When the gap between Median Time to Contract and Median Time to
Sale grows, it is usually a sign of longer closing times and/or declining
numbers of cash sales.
$150,000 - $199,999 57 Days -43.6%
$200,000 - $249,999 26 Days 4.0%
$250,000 - $299,999
$400,000 - $599,999 (No Sales) N/A
5 Days -54.5%
$300,000 - $399,999 (No Sales) N/A
$600,000 - $999,999 (No Sales) N/A
$1,000,000 or more (No Sales) N/A
0
100
200
300
400
500
600
700
800
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Me
dia
n T
ime
to
C
on
trac
t
Q1 2016 Q1 2017
0
100
200
300
400
500
600
700
800
01020304050607080
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Clo
sed
Sal
es
Q1 2016 Q1 2017
01020304050607080
Quarterly Market Detail - Q1 2017
Alachua CountyTownhouses and Condos
Closed Sales by Sale PriceThe number of sales transactions which closed during the quarter
Median Time to Contract by Sale PriceThe median number of days between the listing date and contract date for all Closed Sales during the quarter
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
Initial Listing Price New ListingsPercent Change
Year-over-Year
Less than $50,000 13 -27.8%
$50,000 - $99,999 69 -34.3%
$100,000 - $149,999 119 8.2%
Economists' note: New Listings tend to rise in delayed response to
increasing prices, so they are often seen as a lagging indicator of
market health. As prices rise, potential sellers raise their estimations
of value—and in the most recent cycle, rising prices have freed up
many potential sellers who were previously underwater on their
mortgages. Note that in our calculations, we take care to not include
properties that were recently taken off the market and quickly relisted,
since these are not really new listings.
$150,000 - $199,999 29 -21.6%
$200,000 - $249,999 16 -11.1%
$250,000 - $299,999 5 -37.5%
$300,000 - $399,999 0 -100.0%
$400,000 - $599,999 2 N/A
$600,000 - $999,999 0 N/A
$1,000,000 or more 0 N/A
Current Listing Price InventoryPercent Change
Year-over-Year
Less than $50,000 8 -57.9%
$50,000 - $99,999 47 -47.2%
$100,000 - $149,999 50 -50.0%
Economists' note : There are a number of ways to define and calculate
Inventory. Our method is to simply count the number of active listings
on the last day of the quarter, and hold this number to compare with
the same quarter the following year. Inventory rises when New
Listings are outpacing the number of listings that go off-market
(regardless of whether they actually sell). Likewise, it falls when New
Listings aren't keeping up with the rate at which homes are going off-
market.
$150,000 - $199,999 28 -17.6%
$200,000 - $249,999 4 -76.5%
$250,000 - $299,999 5 -28.6%
$300,000 - $399,999 0 -100.0%
$400,000 - $599,999 2 N/A
$600,000 - $999,999 0 N/A
$1,000,000 or more 0 -100.0%
0
20
40
60
80
100
120
140
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Ne
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isti
ngs
Q1 2016 Q1 2017
0
20
40
60
80
100
120
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Inve
nto
ry
Q1 2016 Q1 2017
0
20
40
60
80
100
120
0
20
40
60
80
100
120
140
Quarterly Market Detail - Q1 2017
Alachua CountyTownhouses and Condos
New Listings by Initial Listing PriceThe number of properties put onto the market during the quarter
Inventory by Current Listing PriceThe number of property listings active at the end of the quarter
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
Q1 2017 Q1 2016Percent Change
Year-over-Year
Traditional
165 137 20.4%
$113,450 $97,000 17.0%
Foreclosure/REO
5 15 -66.7%
$62,500 $57,000 9.6%
Short Sale
4 2 100.0%
$50,500 $51,500 -1.9%
2011 2012 2013 2014
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
Me
dia
n S
ale
Pri
ce
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Clo
sed
Sal
es
Traditional Foreclosure/REO Short Sale
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Quarterly Distressed Market - Q1 2017
Alachua CountyTownhouses and Condos
2011 2012 2013 2014
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
Q4 2016 37 23.3%
27.6%
28.6%
Q3 2016 37
Q2 2016 27
-13.0%
3.4%
5.0%
-30.3%
52.6%
83.3%
Q4 2014 29
Q3 2014 19
31.8%
26.7%
-4.8%Q2 2014 20
Q1 2014 33
Q2 2015 21
Q1 2015 23
Q1 2016 20
Q4 2015 30
Q3 2015 29
93.5% -7.7%
84 Days 31 Days 171.0%
$49,076 22.1%
$1.6 Million $1.1 Million 45.9%
$63,659 $54,541 16.7%
Q1 2016Percent Change
Year-over-Year
15 15 0.0%
25 20 25.0%
4.4
Summary Statistics
Closed Sales
Paid in Cash
86.3%
Q1 2017
$59,900Median Sale Price
Average Sale Price
Dollar Volume
-48.8%
Q1 2017
Median Percent of Original
List Price Received
Median Time to Contract
125 Days
38
Median Time to Sale
New Pending Sales
New Listings
Quarter
39
Pending Inventory 25
Inventory (Active Listings) 46
Months Supply of Inventory
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend comparing the percent changes in sales rather than the
number of sales. Closed Sales (and many other market metrics) are
affected by seasonal cycles, so actual trends are more accurately
represented by year-over-year changes (i.e. comparing a quarter's
sales to the amount of sales in the same quarter in the previous year),
rather than changes from one quarter to the next.
71.2%
40 -5.0%
Percent Change
Year-over-Year
25.0%
54 -27.8%
Closed Sales
25
73 Days
28 -10.7%
72 -36.1%
8.6
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Quarterly Market Detail - Q1 2017
Alachua CountyManufactured Homes
0
10
20
30
40
Clo
sed
Sal
es
2013 2014 2015 2016
Closed SalesThe number of sales transactions which closed during the quarter
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
$100,000 - $149,999 6 N/A
Sale Price Closed SalesPercent Change
Year-over-Year
Less than $50,000 12 20.0%
$50,000 - $99,999 7 -22.2%
$150,000 - $199,999 0 -100.0%
$200,000 - $249,999 0 N/A
$50,000 - $99,999 130 Days 584.2%
$100,000 - $149,999
$400,000 - $599,999 0 N/A
$600,000 - $999,999 0 N/A
94 Days N/A
Economists' note: Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend comparing the percent changes in sales rather than the
number of sales. Closed Sales (and many other market metrics) are
affected by seasonal cycles, so actual trends are more accurately
represented by year-over-year changes (i.e. comparing a quarter's
sales to the amount of sales in the same month in the previous year),
rather than changes from one quarter to the next.
Sale PriceMedian Time to
Contract
Percent Change
Year-over-Year
Less than $50,000 69 Days 97.1%
$1,000,000 or more 0 N/A
$250,000 - $299,999 0 N/A
$300,000 - $399,999 0 N/A
Economists' note : Like Time to Sale, Time to Contract is a measure of
the length of the home selling process calculated for sales which closed
during the quarter. The difference is that Time to Contract measures
the number of days between the initial listing of a property and the
signing of the contract which eventually led to the closing of the sale.
When the gap between Median Time to Contract and Median Time to
Sale grows, it is usually a sign of longer closing times and/or declining
numbers of cash sales.
$150,000 - $199,999 (No Sales) N/A
$200,000 - $249,999 (No Sales) N/A
$250,000 - $299,999
$400,000 - $599,999 (No Sales) N/A
(No Sales) N/A
$300,000 - $399,999 (No Sales) N/A
$600,000 - $999,999 (No Sales) N/A
$1,000,000 or more (No Sales) N/A
0
20
40
60
80
100
120
140
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Me
dia
n T
ime
to
C
on
trac
t
Q1 2016 Q1 2017
0
20
40
60
80
100
120
140
0
2
4
6
8
10
12
14
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Clo
sed
Sal
es
Q1 2016 Q1 2017
0
2
4
6
8
10
12
14
Quarterly Market Detail - Q1 2017
Alachua CountyManufactured Homes
Closed Sales by Sale PriceThe number of sales transactions which closed during the quarter
Median Time to Contract by Sale PriceThe median number of days between the listing date and contract date for all Closed Sales during the quarter
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
Initial Listing Price New ListingsPercent Change
Year-over-Year
Less than $50,000 15 7.1%
$50,000 - $99,999 16 -23.8%
$100,000 - $149,999 8 -33.3%
Economists' note: New Listings tend to rise in delayed response to
increasing prices, so they are often seen as a lagging indicator of
market health. As prices rise, potential sellers raise their estimations
of value—and in the most recent cycle, rising prices have freed up
many potential sellers who were previously underwater on their
mortgages. Note that in our calculations, we take care to not include
properties that were recently taken off the market and quickly relisted,
since these are not really new listings.
$150,000 - $199,999 0 -100.0%
$200,000 - $249,999 0 -100.0%
$250,000 - $299,999 0 -100.0%
$300,000 - $399,999 0 N/A
$400,000 - $599,999 0 N/A
$600,000 - $999,999 0 N/A
$1,000,000 or more 0 N/A
Current Listing Price InventoryPercent Change
Year-over-Year
Less than $50,000 7 75.0%
$50,000 - $99,999 23 -30.3%
$100,000 - $149,999 11 -59.3%
Economists' note : There are a number of ways to define and calculate
Inventory. Our method is to simply count the number of active listings
on the last day of the quarter, and hold this number to compare with
the same quarter the following year. Inventory rises when New
Listings are outpacing the number of listings that go off-market
(regardless of whether they actually sell). Likewise, it falls when New
Listings aren't keeping up with the rate at which homes are going off-
market.
$150,000 - $199,999 4 33.3%
$200,000 - $249,999 0 -100.0%
$250,000 - $299,999 1 -66.7%
$300,000 - $399,999 0 -100.0%
$400,000 - $599,999 0 N/A
$600,000 - $999,999 0 N/A
$1,000,000 or more 0 N/A
0
5
10
15
20
25
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Ne
w L
isti
ngs
Q1 2016 Q1 2017
0
5
10
15
20
25
30
35
Less than$50,000
$50,000 -$99,999
$100,000 -$149,999
$150,000 -$199,999
$200,000 -$249,999
$250,000 -$299,999
$300,000 -$399,999
$400,000 -$599,999
$600,000 -$999,999
$1,000,000 ormore
Inve
nto
ry
Q1 2016 Q1 2017
0
5
10
15
20
25
30
35
0
5
10
15
20
25
Quarterly Market Detail - Q1 2017
Alachua CountyManufactured Homes
New Listings by Initial Listing PriceThe number of properties put onto the market during the quarter
Inventory by Current Listing PriceThe number of property listings active at the end of the quarter
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Monday, May 15, 2017. Next quarterly data release is Wednesday, August 9, 2017.
Q1 2017 Q1 2016Percent Change
Year-over-Year
Traditional
19 5 280.0%
$68,000 $70,000 -2.9%
Foreclosure/REO
6 14 -57.1%
$41,750 $45,613 -8.5%
Short Sale
0 1 -100.0%
(No Sales) $60,000 N/A
2011 2012 2013 2014
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
Me
dia
n S
ale
Pri
ce
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Clo
sed
Sal
es
Traditional Foreclosure/REO Short Sale
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Quarterly Distressed Market - Q1 2017
Alachua CountyManufactured Homes
2011 2012 2013 2014