FL ARCHIVED March 2017 | Page 155

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

City : Stuart

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
$ 359,000
3 %
9 %
Average List Price of all Current Listings
$ 655,304
-1%
1 %
March Median Sales Price
$ 275,000
16 %
12 %
22 %
16 %
$ 250,000
9 %
5 %
March Average Sales Price
$ 553,220
91 %
35 %
41 %
54 %
$ 407,419
14 %
13 %
Total Properties Currently for Sale ( Inventory )
860
-8%
-10%
March Number of Properties Sold
201
25 %
22 %
491
11 %
March Average Days on Market ( Solds )
97
7 %
5 %
-6%
5 %
92
-5%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 199
-9%
-1%
11 %
9 %
$ 205
15 %
12 %
March Sold Price per Square Foot
$ 193
30 %
14 %
21 %
22 %
$ 171
5 %
8 %
March Month ' s Supply of Inventory
4.3 -27% -27% -26% -27%
5.8
-8%
-1%
March Sale Price vs List Price Ratio
92.4 % -1.8% -. 5 % 1.7 %
. 3 %
93.2 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
March Property sales were 201 , up 21.8 % from 165 in March of
2016 and 24.8 % higher than the 161 sales last month . March
Property
2017 sales Sales were at their highest level compared to March of 2016
250
200
March and 2015 Property . March sales YTD were sales 201 , of up 491 21.8 are % from running 165 11.1 in March % ahead of of
2016 last and year 24.8 ' s year-to-date % higher than sales the of 161 442 sales . last month . March
2017 sales were at their highest level compared to March of 2016
200
150
and 2015 . March YTD sales of 491 are running 11.1 % ahead of
last year ' s year-to-date sales of 442 .
150
100

Stuart

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
173 207 166 161 161 166 152 124 158 140 145 197 182 200 203 161 148 144 145 134 150 134 143 165 210 213 228 169 139 161 114 113 155 129 161 201
1,209 1,177 1,126 1,090 1,036 1,011 1,027
A
14
173 207 166 161 161 166
50 0
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
0 14 15
16 17
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in March was $ 275,000 , up 22.2 % from
600
Prices $ 225,000 in March of 2016 and up 15.8 % from $ 237,500 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 275,000 was , up $ 553,220 22.2 % from , up
550
600 $ 41.3 225,000 % from in March $ 391,439 of 2016 in March and up of 15.8 2016 % from and up $ 237,500 90.8 % from last 500 month . The Average Sales Price in March $ 553,220 , up
550
$ 290,015 last month . March 2017 ASP was at the highest level 450 41.3 % from $ 391,439 in March of 2016 and up 90.8 % from 500 compared to March of 2016 and 2015 .
400
$ 290,015 last month . March 2017 ASP was at the highest level 450 350 compared to March of 2016 and 2015 . 400
300 350
250 300
200 250
150
200 150
100
100 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
14 J 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
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 March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 860 , Inventory down 8.3 of % Properties from 938 available last month for and sale down as of 9.6 March % from 1,400
9.0 was 951860 in March , down 8.3 of last % from year 938 . March last month 2017 Inventory and down 9.6 was % at from its 1,4001,200
9.0 8.0
951 lowest in March level of compared last year . with March March 2017 of Inventory 2016 and was 2015 at its . 1,200
8.0 7.0 1,000 lowest level compared with March of 2016 and 2015 .
7.0 6.0 1,000
800
6.0 5.0
800 600
5.0 4.0
A comparatively lower MSI is more beneficial for sellers while a 600
4.0 3.0 400
A comparatively lower MSI is more beneficial for sellers while a 3.0 higher MSI is better for buyers . The March 2017 MSI of 4.3 400 2.0 higher MSI is better for buyers . The March 2017 MSI of 4.3 2.0 months was at its lowest level compared with March of 2016 and 200 months was at its lowest level compared with March of 2016 and 200
1.0 1.0
2015 . 0
0.0 2015 .
0
0.0 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
M J F M A M J
F M A M J F M
14 15
16
17
152 124
J A S O N D J 15
158
1,209 1,177 1,126 1,090 1,036 1,011 1,027 1,012 972 140 145 197 182
1,012 972 984 968 918 879 804 778 768 200 203 161 148 144 145
984 968 918 879 804 778 768 745 782 842
745 782 842 856 826
909
J A S O N D J
16
134 150 134 143
856
826 909 938 951 165 210 213 228 169 139 161
938 951 951 902 866 888 861 873 925 924 897 958 938
860
J A S O N D J
17
114 113 155
951 902 866 888 861 873 925 924 897 958
129 161
938 860
201
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 .
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