Market Action Report December 2017
MARTIN County : Martin COUNTY
Community Information | School District
Price Range : $ 1,000,000 and Up | 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 |
$ 1,849,000 |
-0% |
|
0 % |
|
|
|
|
Average List Price of all Current Listings |
$ 3,359,918 |
-5% |
|
6 % |
|
|
|
|
December Median Sales Price |
$ 2,550,000 |
67 % |
48 % |
82 % |
59 % |
$ 1,650,000 |
5 % |
3 % |
December Average Sales Price |
$ 2,690,355 |
14 % |
3 % |
16 % |
28 % |
$ 2,316,725 |
10 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
315 |
5 % |
|
3 % |
|
|
|
|
December Number of Properties Sold |
12 -14% |
-37% |
194 |
4 % |
December Average Days on Market ( Solds ) |
112 -10% -19% -64% -45% |
150 |
-29% |
-26% |
Asking Price per Square Foot ( based on New Listings ) |
$ 523 |
-5% |
-4% |
-19% |
-2% |
$ 539 |
1 % |
1 % |
December Sold Price per Square Foot |
$ 599 |
25 % |
19 % |
29 % |
40 % |
$ 466 |
9 % |
9 % |
December Month ' s Supply of Inventory |
26.3 |
23 % -26% 64 % |
30 % |
25.7 |
27 % |
27 % |
December Sale Price vs List Price Ratio |
88.0 % -6.5% -. 6 % 10.4 % 4.9 % |
88.1 % |
5 % |
5 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
35 |
December Property sales were 12 , down 36.8 % from 19 in |
December of 2016 and 14.3 % lower than the 14 sales last month . |
30 |
|
December 2017 sales were at their lowest level compared to
Property
December of Sales 2016 and 2015 . December YTD sales of 194 are
December running 4.3 Property % ahead sales of last were year 12 ' s , down year-to-date 36.8 % from sales of 19186 in .
December of 2016 and 14.3 % lower than the 14 sales last month .
|
35
25
30
20
|
December 2017 sales were at their lowest level compared to |
December of 2016 and 2015 . December YTD sales of 194 are |
25
15
|
running 4.3 % ahead of last year ' s year-to-date sales of 186 . |
20
10
|
Prices The Median Sales Price in December was $ 2,550,000 , up 82.1 % from $ 1,400,000 in December of 2016 and up 66.7 % from $ 1,530,000 last month . The Average Sales Price in December
Prices was $ 2,690,355 , up 16.2 % from $ 2,316,105 in December of 2016 The and Median up 13.9 Sales % from Price $ 2,362,589 in December last month was $ 2,550,000 . December , up 2017 82.1 ASP % from was at $ 1,400,000 the highest in level December compared of 2016 to December and up 66.7 of 2016 % from and $ 2015 1,530,000 . last month . The Average Sales Price in December was $ 2,690,355 , up 16.2 % from $ 2,316,105 in December of 2016 and up 13.9 % from $ 2,362,589 last month . December 2017 ASP was at the highest level compared to December of 2016 and 2015 .
155
Number of Properties Sold
100 |
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 |
5 |
15 |
16 |
17 |
0 |
Median Sales Price and Average Sales Price |
3 Mo Avg |
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 |
4,20015 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
3,700 |
Median Sales Price and Average Sales Price |
3,200 4,200 2,700 3,700 2,200 3,200 1,700 2,700 1,200 2,200
1,700
11 10
Inventory & MSI 1,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of 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
December was 315 , up 5.0 % from 300 last month and up 3.3 %
400 15 16
17 70.0 from 305 in December of last year . December 2017 Inventory 350 60.0
Inventory was at its highest & MSI level compared with December of 2016 and 300 Total Inventory & Month ' s Supply of Inventory ( MSI )
50.0
The 2015 Total . Inventory of Properties available for sale as of December was 315 , up 5.0 % from 300 last month and up 3.3 % 400 250
40.0 70.0 from 305 in December of last year . December 2017 Inventory 350 200
30.0 60.0 was at its highest level compared with December of 2016 and 300 150 A comparatively lower MSI is more beneficial for sellers while a
50.0 2015 . 250 100
20.0 higher MSI is better for buyers . The December 2017 MSI of 26.3 months was at its highest level compared with December of 200 50
10.0 40.0
2016 and 2015 . 0
30.0
150 A comparatively lower MSI is more beneficial for sellers while a 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
100 20.0 higher MSI is better for buyers . The December 2017 MSI of 15
16 17
10.0
26.3 months was at its highest level compared with December of 50 2016 and 2015 .
0 0.0
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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17 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 REALT
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 .
332 331
19
Agent Name
326 317
Title Phone Website Other
12 17
311 13 17
278 262
10 15
252 237
19 16
269 250
18
Number of Properties Sold
12
261 277 295 14 20
291
301 23 11
283
274 24 15
275 265
9
11 10 19 12 17 13 17 10 15 19 16 18 12 14 20 23 11 24 15 9
11
280 295
12 312
16 305
19
344 11 12
369 365
30 20
350 336
16 30
339 324
18
291 20
274 292
6
3 Mo Avg
5
300 315
11 12 16 19 11 12 30 20 16 30 18 20 6 5 14 12
14 12
3 Mo Avg
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
332 331 326 317 311 278 262 252 237 269 250 261 277 295 291 301 283 274 275 265 280 295 312 305
344 369 365 350 336 339 324 291 274 292
3 Mo Avg
300 315
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