FL ARCHIVED November 2016 | Page 32

Community Information | School District
Market Action Report November 2016

City : Longboat Key

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
$ 1,691,250
-0%
-3%
Average List Price of all Current Listings
$ 2,577,618
5 %
6 %
November Median Sales Price
$ 1,505,000
-4%
-4% -33%
-3%
$ 1,900,000
22 %
23 %
November Average Sales Price
$ 1,403,167
-4% -20% -32% -24%
$ 2,339,162
25 %
26 %
Total Properties Currently for Sale ( Inventory )
136
9 %
20 %
November Number of Properties Sold
3
0 %
-40%
119
38 %
November Average Days on Market ( Solds )
151 -34% 23 %
4 %
-4%
122
-25%
-22%
Asking Price per Square Foot ( based on New Listings )
$ 647
-7%
-4%
2 %
1 %
$ 662
5 %
3 %
November Sold Price per Square Foot
$ 475
-10% -19% -18% -20%
$ 693
18 %
17 %
November Month ' s Supply of Inventory
45.3
9 %
30 % 101 % 186 %
18.5
17 %
16 %
November Sale Price vs List Price Ratio
88.2 %
-. 7 % -1.1% -7.5% -1.7%
91.9 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales November Property sales were 3 , down 40.0 % from 5 in November of 2015 and the same as the 3 sales last month . November 2016 sales were at their lowest level compared to Property November of Sales 2015 and 2014 . November YTD sales of 119 are November running 38.4 Property % ahead sales of last were year 3 , down ' s year-to-date 40.0 % from sales 5 in of 86 . November of 2015 and the same as the 3 sales last month . November 2016 sales were at their lowest level compared to November of 2015 and 2014 . November YTD sales of 119 are running 38.4 % ahead of last year ' s year-to-date sales of 86 .
Prices The Median Sales Price in November was $ 1,505,000 , down 33.1 % from $ 2,250,000 in November of 2015 and down 3.8 % from $ 1,565,000 last month . The Average Sales Price in
Prices November was $ 1,403,167 , down 32.1 % from $ 2,066,000 in The November
Median of Sales
2015 Price and in down
November 3.8 % from was $ 1,458,333
1,505,000 last , down month .
33.1 November
% from $ 2016 2,250,000
ASP was in at November the lowest of level 2015 compared and down to
3.8 % from November
$ 1,565,000 of 2015 last and month 2014
. .
The Average Sales Price in November was $ 1,403,167 , down 32.1 % from $ 2,066,000 in November of 2015 and down 3.8 % from $ 1,458,333 last month . November 2016 ASP was at the lowest level compared to November of 2015 and 2014 .

Longboat Agent Name Key

35
30
Number of Properties Sold
3 Mo Avg
25
35
20
30
15
25
10
20
5
15
0
10
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
5
13
14
15
16
0
Median Sales Price and Average Sales Price
3 Mo Avg
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
3,00013
14
15
16
2,500
Median Sales Price and Average Sales Price
3 Mo Avg
3,000 2,000
2,500 1,500
2,000 1,000
1,500
7 102
7 111
7 7
10 10 119
Title Phone Website Other
9 9
9 9
12
Number of Properties Sold
Inventory & MSI
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of
November was 136 , up 8.8 % from 125 last month and up 20.4 %
160
D
J
F M A M J
13
14
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N
50.0
from 113 in November of last year . November 2016 Inventory was at its highest level compared with November of 2015 and
Inventory & MSI
2014 .
The Total Inventory of Properties available for sale as of
November was 136 , up 8.8 % from 125 last month and up 20.4 %
140
120
100
160
80
Total Inventory & Month ' s Supply of Inventory ( MSI )
40.0
30.0
50.0
from 113 in November of last year . November 2016 Inventory
140
60
A comparatively lower MSI is more beneficial for sellers while a was at its highest level compared with November of 2015 and
120 higher MSI is better for buyers . The November 2016 MSI of
40
2014 .
45.3 months was at its highest level compared with November of
100
20
20.0
40.0
10.0
30.0
2015 and 2014 .
800
0.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2016 MSI of
45.3 months was at its highest level compared with November of 2015 and 2014 .
60
40
20
0
D
J
F M A M J
13
14
J A S O N D J
F M A M J
15
J A S O N D J
F M A M J
16
J A S O N
20.0
10.0
0.0
11 8 4
113
113 104 99 97 97 94 96 101 114 117 110 109 102 94 94
12 11 8 4 5 6 6 5 7 7 9
88 84 86
99 113 117
141 151
16 15 7 8 3 4 5 5 7 6 9
141
137 128 122
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 D J and F Up M | AProperty M JTypes J : ASFH S - Con 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 Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 13 14Association of REALTORS , My Florida Regional 15 MLS , Naples Area Board of REALTORS , REALTORS 16 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 .
32 | c o l d w e l l b a n k e r h o m e s . c o m

Community Information | School District

102
D J 13 14
111 119
5 6 6 5 7 7 9 16 15 7 8
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
15
16
113
113 104 99 97 97 94 96 101 114 117 110 109 102 94 94 88 84
3 86
4 99
5 113
5 117
7 141
6 151
9 141
10
137 29
128 17
122 111
18 110
10 107
111 110 107
8 125 125
3 Mo Avg
6 136
136 3 3
10 29 17 18 10 8 6 3 3