Market Action Report July 2017
LONGBOAT City : Longboat Key KEY
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 |
$ 1,515,000 |
-0% |
|
-7% |
|
|
|
|
Average List Price of all Current Listings |
$ 2,769,531 |
2 % |
|
18 % |
|
|
|
|
July Median Sales Price |
$ 1,606,250 |
8 % |
1 % |
6 % |
-6% |
$ 1,500,000 |
-30% |
-12% |
July Average Sales Price |
$ 1,897,400 |
-2% |
-2% -14% -15% |
$ 1,873,243 |
-24% |
-17% |
Total Properties Currently for Sale ( Inventory ) |
90 -15% |
-17% |
|
|
July Number of Properties Sold |
10 -29% |
0 % |
77 |
-22% |
July Average Days on Market ( Solds ) |
207 |
11 % |
17 % |
-5% |
66 % |
174 |
43 % |
39 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 653 |
-8% |
10 % |
5 % |
2 % |
$ 618 |
-5% |
-3% |
July Sold Price per Square Foot |
$ 623 |
3 % |
4 % |
-6% |
-8% |
$ 600 |
-16% |
-12% |
July Month ' s Supply of Inventory |
9.0 |
19 % |
-5% -17% -50% |
11.7 |
-2% |
-34% |
July Sale Price vs List Price Ratio |
82.6 % -6.3% -3.0% -10.3% -9.6% |
86.9 % |
-6% |
-5% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales July Property sales were 10 , equal to 10 in July of 2016 and 28.6 % lower than the 14 sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 . July Property YTD sales of Sales 77 are running 22.2 % behind last year ' s year-todate Property sales of 99 sales . were 10 , equal to 10 in July of 2016 and
July 28.6 % lower than the 14 sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 . July YTD sales of 77 are running 22.2 % behind last year ' s year-todate sales of 99 .
35 30
35 25
30 20
25 15
20 10 155
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in July was $ 1,606,250 , up 5.5 % from $ 1,522,500 in July of 2016 and up 8.2 % from $ 1,485,000 last month . The Average Sales Price in July was $ 1,897,400 , down
Prices 13.7 % from $ 2,199,300 in July of 2016 and down 2.4 % from The $ 1,944,857 Median Sales last month Price . in July July 2017 was ASP $ 1,606,250 was at a , mid up 5.5 range % from $ compared 1,522,500 to in July of 2016 and 2015 up 8.2 . % from $ 1,485,000 last month . The Average Sales Price in July was $ 1,897,400 , down 13.7 % from $ 2,199,300 in July of 2016 and down 2.4 % from $ 1,944,857 last month . July 2017 ASP was at a mid range compared to July of 2016 and 2015 .
100 |
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 |
5 |
14 |
15 |
16 |
17 |
0 |
Median Sales Price and Average Sales Price |
3 Mo Avg |
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 |
3,00014 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
2,500 |
3,000 2,000
2,500 1,500
2,000 1,000
1,500
4 5 6 6 5 7 7 9
4 5 6 6 5 7 7 9 16 15 7 8 3 4 5 5 7 6 9
16 15 7 8 3 4 5 5 7 6 9 10 29 17 18 10 8 6 3 3 9
10 29 17 18 10 8 6 3 3 9 10 10 10 13 10 14 10
10 10 10 13 10 14 10
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 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
J
Inventory & MSI 1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of July
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 was 90 , down 15.1 % from 106 last month and down 17.4 % from 160 14
15 16
17 50.0
109 in July of last year . July 2017 Inventory was at a mid level 140 40.0
Inventory compared with & MSI July of 2016 and 2015 . 120
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of July was 90 , down 15.1 % from 106 last month and down 17.4 % from 160 100
30.0 50.0
109 in July of last year . July 2017 Inventory was at a mid level 140 80 40.0 compared with July of 2016 and 2015 . 120 60
20.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 9.0 100 40 10.0 30.0 months was at its lowest level compared with July of 2016 and 80 20 2015 .
0 0.0
60
20.0 A comparatively lower MSI is more beneficial for sellers while a 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 higher MSI is better for buyers . The July 2017 MSI of 9.0
40 14 15 16
17
10.0 months was at its lowest level compared with July of 2016 and 20 2015 .
0 0.0
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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
14 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 REAL
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 .
40 | coldwellbankerluxury . com
97 97
94 94
96 96
101 101
114 114
117 117
110 110
109 109
102
102 94 94
94
94 88 84 86
88 84 86
99
99 113 117
113 117
141
150 140 136
141
150 140 136 126 120
126
120 109 108 104
109 108 104
121
121 132 138 142 141 147
135
132 138 142 141 147
135 120 120
106 106
90
90