FL ARCHIVED April 2017 | Page 55

Market Action Report
MARCO
City: Marco Island ISLAND
Market Action Report
April 2017
Agent Name
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,585,000
-6%
Other -3%
Community Information | School District
City: Marco Island
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
$2,196,256 -1% Trending versus*:
0%
Trending versus*:
$1,220,370
-6% -17%
$1,300,000
-10%
-10%
Month -5%
LM L3M
PYM -16%
LY
YTD
Prior
YTD Prior
Year
$1,485,387 -3%
-0% -3% -19%
-6%
-14%
$1,585,000
-6% -16% $1,532,863
Total Properties
for Sale
(Inventory)
241 -1%
-3%
-8%
Average
List Price Currently
of all Current
Listings
$2,196,256
0%
April Median
Number Sales
of Properties
Sold
20 -5%
25% -6% -17%
100% -16% $1,300,000
70 -10%
84%
April
Price
$1,220,370
-10%
April Average
Average Sales
Days Price
on Market (Solds)
166 -15%
29% -16%
-21% $1,532,863
200
2%
-4%
April
$1,485,387
-0% -17%
-3% -19%
-6%
-14%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$550
14% 2% -8%
-1% -4%
$540
-7%
-5%
Total
Properties
for Sale
(Inventory)
241 -3%
April Number
Sold Price
per Square Sold
Foot
$487
1% -1% 100%
-4% -4%
$492
0%
-3%
April
of Properties
20 25%
70
84%
April Average
Month's Days
Supply
Inventory
12.1
-22% -17%
-21% -54%
-53%
14.6
-42%
April
on of
Market
(Solds)
166 -15%
29% -21%
200 -50%
2%
-4%
April Sale
Price
List Price
87.0%
.5%
88.2%
0%
2%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$550 -2.9%
14% -1.3%
2% 3.3%
-1% -4%
$540
-7%
-5%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April
Sold Price per Square Foot
$487 1% -1% -4% -4%
$492
0%
-3%
Number
April Month's Supply of Inventory
12.1 -22% -21% -54%
-53% of Properties
14.6 Sold
-50%
-42%
Property
Sales
April
Sale Price
vs List Price Ratio
87.0% -2.9% -1.3% 3.3% .5%
88.2%
0%
2%
25
Average List Price of all Current Listings
April Median
Sales
Price
Market
Profile
& Trends
Overview
April Average
Sales
Price
Median
List Price
of all
Current Listings
3 Mo Avg
April Property
sales
were / 20,
up 100.0%
from
in April
of / YTD = Year-to-date
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month Prior
Year 10
/ LY=Last
Year (2016)
Number of Properties Sold
20
20
10
$1,287,500 last month. The Average Sales Price in April was
$1,485,387, down 19.3% from $1,841,250 in April of 2016 and
down 0.3% from $1,489,167 last month. April 2017 ASP was at
the lowest level compared to April of 2016 and 2015.
12
8
Median Sales Price and Average Sales Price
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
5
Prices
15
5
10
0
The Median Sales Price in April was $1,220,370, down 17.3%
from $1,475,000 in April of 2016 and down 5.2% from
$1,287,500 last month. The Average Sales Price in April was
$1,485,387, down 19.3% from $1,841,250 in April of 2016 and
Prices
down
0.3% Sales
from $1,489,167
last was
month.
April 2017
ASP
was at
The
Median
Price in April
$1,220,370,
down
17.3%
the lowest
level compared
April and
of 2016
2015.
from
$1,475,000
in April of to
2016
down and
5.2%
from
3 Mo Avg
25
15
2016 and 25.0% higher than the 16 sales last month. April 2017
sales were at their highest level compared to April of 2016 and
2015. April Sales
YTD sales of 70 are running 84.2% ahead of last
Property
year's
year-to-date
April
Property
sales sales
were of
20, 38.
up 100.0% from 10 in April of
2016 and 25.0% higher than the 16 sales last month. April 2017
sales were at their highest level compared to April of 2016 and
2015. April YTD sales of 70 are running 84.2% ahead of last
year's year-to-date sales of 38.
3 Mo Avg
0
2,600 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
15
16
17
2,400 14
2,200
Median Sales Price and Average Sales Price
2,000
2,600
1,800
2,400
3 Mo Avg
1,600
2,200
1,400
2,000
1,200
1,800
1,000
1,600
1,400
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
14
15
16
17
1,200
Inventory & MSI
The Total Inventory of Properties available for sale as of April
was 241, down 2.8% from 248 last month and down 8.0% from
262 in April of last year. April 2017 Inventory was at a mid level
compared with April of 2016 and 2015.
1,000
Total Inventory & Month's Supply of Inventory (MSI)
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
350
180.0
14
15
16
17
160.0
300
140.0
250
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
120.0
The Total Inventory of Properties available for sale as of April
200
100.0
350
180.0
was 241, down 2.8% from 248 last month and down 8.0% from
80.0
150
160.0
262 in April of last year. April 2017 Inventory was at a mid level 300
60.0
A comparatively lower MSI is more beneficial for sellers while a 100
140.0
compared with April of 2016 and 2015.
250
40.0
higher MSI is better for buyers. The April 2017 MSI of 12.1
120.0
50
20.0
months was at its lowest level compared with April of 2016 and 200
100.0
0
0.0
2015.
80.0
150
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
60.0
A comparatively lower MSI is more beneficial for sellers while a 100
14
15
16
17
40.0
higher MSI is better for buyers. The April 2017 MSI of 12.1
50
20.0
months was at its lowest level compared with April of 2016 and
0.0
0
2015.
M J and
J Up
A | S Property
O N Types:
D J SFH
F - M
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
Con 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 Association of REALTORS, 15
17 Beaches, Space Coast Association of REAL
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami
My Florida Regional MLS, Naples Area Board of 16
REALTORS, REALTORS Association of the Palm
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.
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury SM | 55
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 Association of REA
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.