FL ARCHIVED April 2017 | Page 58

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

City : Longboat Key

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
$ 725,000
0 %
-11%
Average List Price of all Current Listings
$ 1,267,927
0 %
-2%
April Median Sales Price
$ 635,000
-7%
-5%
-8%
-1%
$ 665,000
0 %
4 %
April Average Sales Price
$ 861,513
6 %
-5% -35% -14%
$ 902,416
-18%
-10%
Total Properties Currently for Sale ( Inventory )
405
-6%
14 %
April Number of Properties Sold
52
30 %
-34%
149
-20%
April Average Days on Market ( Solds )
131
16 %
0 %
62 %
14 %
131
20 %
14 %
Asking Price per Square Foot ( based on New Listings )
$ 437
-10% -4% -14%
-9%
$ 454
-7%
-5%
April Sold Price per Square Foot
$ 437
1 %
-2% -16%
-5%
$ 445
-5%
-3%
April Month ' s Supply of Inventory
7.8 -28% -33% 73 %
-25%
12.0
32 %
16 %
April Sale Price vs List Price Ratio
88.8 % -3.7% -1.3% -5.1% -3.3%
90.0 %
-3%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Longboat Agent Name Key Title Phone Website Other

Community Information | School District

Property Sales
90
April Property sales were 52 , down 34.2 % from 79 in April of
2016 and 30.0 % higher than the 40 sales last month . April 2017
80
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to April of 2016 and
90
70
April
2015 Property . April YTD sales sales were of 52149 , down are 34.2 running % from 19.9 79 % in behind April of last
2016 year and ' s year-to-date 30.0 % higher sales than of the 18640 . sales last month . April 2017 sales were at their lowest level compared to April of 2016 and
2015 . April YTD sales of 149 are running 19.9 % behind last year ' s year-to-date sales of 186 .
80
70
60
60
50
40
50
30
40
20
30
10
20
0
10
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in April was $ 635,000 , down 8.0 % from
1,400
Prices
$ 690,000 in April of 2016 and down 7.0 % from $ 682,500 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in April Price was in $ 635,000 April was , down $ 861,513 8.0 %, from down
1,300
1,400
$
35.1 690,000 % from in April $ 1,327,909 of 2016 in and April down of 2016 7.0 % and from up $ 682,500 5.7 % from last
1,200 month . The Average Sales Price in April $ 861,513 , down
1,300
$ 815,375 last month . April 2017 ASP was at the lowest level
1,100
35.1 % from $ 1,327,909 in April of 2016 and up 5.7 % from
1,200 compared to April of 2016 and 2015 .
1,000
$ 815,375 last month . April 2017 ASP was at the lowest level
1,100
900 compared to April of 2016 and 2015 .
1,000
800
900
700
800
600
700
500
600
500
400
400
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
14
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 A
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 April
The was Total 405 , Inventory down 6.5 of % Properties from 433 last available month for and sale up as 13.8 of April % from was 356405 in , April down of 6.5 last % from year . 433 April last 2017 month Inventory and up 13.8 was % at from its highest
500
356 level in compared April of last with year April . of 2017 2016 Inventory and 2015 was . at its highest
400 level compared with April of 2016 and 2015 .
300
500
400
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25.0
20.0
30.0
25.0
20.0
15.0
A comparatively lower MSI is more beneficial for sellers while
200 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 7.8 a higher months MSI was is better at its highest for buyers level . The compared April 2017 with MSI April of 7.8 of 2016 and
100 months
2015 . was at its highest level compared with April of 2016 and
2015 .
0
200
15.0
10.0
100
5.0
0
0.0
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 A
14
15
16
17
14
15
16
17
10.0
5.0
0.0
51 39 40 43 35 38 21 36 35 32 43 56 50 49 42 31 45 41 27 33 29 30 48 79 45 55 35 38 27 24 15 35 31 26 40 52
368 342
51 368 304
39 342
293 40 43 35 38 21 36 35
290 304
302 293
325 290
329 302
342 325 341 329
318 342
32 341
310
283 43 56
Number of Properties Sold
50 49 42 31 45 41 27
318 261
310 251
283 231
261
229 245
251
231 276
229 298
245 356
276 368
298 361 33 356 356
29 368 335
30 361 309
48 356 287
79 335 277
45
309 333 287
360 277
377 284
284
55 35 38 27 24 15
408
333 427 360 433 377 405
408 35
427 31
433
3 Mo Avg
26
405 40 52
58 | c o l d w e l l b a n k e r h o m e s . c o m
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 .