FL ARCHIVED November 2016 | Page 42

Venice

Market Action Report

City: Venice

Agent Name

Market Action Report

Title
Phone
Agent
WebsiteName
Title
Other
Phone
Trending versus*:
Month
WebsiteLM L3M PYM LY
$2,287,500
32%
Other 39%

November 2016

Community Information | School District

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

$2,763,918
$1,650,000
Month
$1,650,000
$2,287,500
Total Properties
for Sale
(Inventory)
12
Average
List PriceCurrently
of all Current
Listings
$2,763,918
NovemberMedian
NumberSales
of Properties
Sold
November
Price
$1,650,0002
NovemberAverage
AverageSales
DaysPrice
on Market (Solds)
144
November
$1,650,000
Asking
Price perCur rently
Square Foot
(based
on New Listings)
$440
Total
Properties
for Sale
(Inventory)
12
NovemberNumber
Sold Price
per Square Sold
Foot
$5642
November
of Properties
NovemberAverage
Month'sDays
Supply
Inventory
6.0
November
on of
Market
(Solds)
144
November
vs Foot
List Price
Ratio
91.2%
Asking
PriceSale
per Price
Square
(based
on New Listings)
$440
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
November
Sold Price per Square Foot
$564
November Month's Supply of Inventory
6.0
PropertySale
Sales
November
Price vs List Price Ratio
91.2%
3
Average List Price of all Current Listings

November
Median
Sales Price
Market
Profile
& Trends
Overview
November
Price Listings
Median
ListAverage
Price of Sales
all Current

November
sales/ were
2, up
from
in/ LY=Last
November
of / YTD = Year-to-date
* LM=Last
Month /Property
L3M=Last 3 Months
PYM=Same
Month
Prior 0
Year
Year (2015)

Average Sales Price in November was $1,650,000, up from $0
in November of 2015 and up from $0 last month. November
2016 ASP was at the highest level compared to November of
2015 and 2014.

Number of Properties Sold

2

0

2

0

2

0

1

0

0

0

0

1

0

1

0

1

2

0

0

1

0

0

0

0

0

0

0

2

0

1

2

0

2

0

2

0

1

0

0

0

0

1

0

1

0

1

2

0

0

1

0

0

0

0

0

0

0

2

0

0

0

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
2,700
13 14
15
16
-1
2,500

Median Sales Price and Average Sales Price

2,300
2,100
2,700
1,900
2,500
1,700
2,300
1,500
2,100
1,300
1,900
1,100
1,700

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
13 14
15
16

1,300
The Total Inventory of Properties available for sale as of
November was 12, equal to 12 last month and down 29.4% from
17 in November of last year. November 2016 Inventory was at a
mid level compared with November of 2015 and 2014.

0

0

0

0

1

0

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
13 14
15
16
1

0

0

2
1

1,500

Inventory & MSI

3 Mo Avg

2
1

1
-1

Prices

3 Mo Avg

3
2

1
0

The Median Sales Price in November was $1,650,000, up from
$0 in November of 2015 and up from $0 last month. The
Average Sales Price in November was $1,650,000, up from $0
in November of 2015 and up from $0 last month. November
Prices
2016
ASP was
at the
highest
level compared
to November
of
The
Median
Sales
Price
in November
was $1,650,000,
up from
2015
and 2014. of 2015 and up from $0 last month. The
$0
in November

Trending versus*:
Prior YTD Prior Year

7%Trending versus*:
25%
Trending versus*:
3% PYM -11%
$1,600,000
-2%
-14%
L3M
LY
YTD
Prior
YTD Prior
Year
-23%
-24%
39% 10% 32% -17% $1,507,286
0%
-29%
7%
25%
40%
3%
-11% $1,600,0007
-2%
-14%
30%
16% $1,507,286
121 303%
-2%
10%
-17%
-23%
-24%
-15%
-3% -17%
$560
9%
6%
0% -28% -29%
27%
4%
$4137 -29%
-24%
40%
0% 30%
14% 0% -57%
6.9 303%
-48%
-50%
16%
121
-2%
.6% -3% -17%
3.9%
89.8%
2%
2%
-15% -28%
$560
9%
6%
27%
4%
$413
-29%
-24%
Number
0% 14% 0%
-57%of Properties
6.9 Sold
-48%
-50%
.6%
3.9%
89.8%
2%
2%

2

0

2015 and higher than the 0 sales last month. November 2016
sales were at their highest level compared to November of 2015
and 2014. November
YTD sales of 7 are running 40.0% ahead of
Property
Sales
last year's Property
year-to-date
November
salessales
wereof2,5.up from 0 in November of
2015 and higher than the 0 sales last month. November 2016
sales were at their highest level compared to November of 2015
and 2014. November YTD sales of 7 are running 40.0% ahead of
last year's year-to-date sales of 5.

YTD

LM

1

City: Venice

November 2016

Total Inventory & Month's Supply of Inventory (MSI)

1,100

12

12

12

7

8

7

8

9

14

16

16

17

16

16

15

17

13

12

13

9

12

14

13

17

17

17

16

17

17

17

16

15

15

16

15

16

15

14

14

15

14

15

15

14

15

15

13

12

11

10

10

11

10

10

11

10

10

11

9

9

12

12

12

11

10

10

14

12

11

10

10

14

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
18
18.0
13 14
15
16
16
16.0
14
14.0
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
12
12.0
The Total Inventory of Properties available for sale as of
10
10.0
18.0
November was 12, equal to 12 last month and down 29.4% from 188
8.0
16
16.0
17 in November of last year. November 2016 Inventory was at a
6
6.0
A comparatively lower MSI is more beneficial for sellers while a 14
14.0
mid level compared with November of 2015 and 2014.
4.0
higher MSI is better for buyers. The November 2016 MSI of 6.0 124
12.0
2.0
months was at its highest level compared with November of
10.0
102
0
0.0
2015 and 2014.
8.0
8
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
6.0
6
A comparatively lower MSI is more beneficial for sellers while a
13 14
15
16
4.0
4
higher MSI is better for buyers. The November 2016 MSI of 6.0
2.0
2
months was at its highest level compared with November of
0.0
0
2015 and 2014.
D J FandM
M J Types:
J A SFH
S -OConN D J F M A M J J A S O N D J F M A M J J A S O N
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
Up A
| Property
14Association of REALTORS, My Florida Regional15MLS, Naples Area Board of REALTORS, REALTORS
16 Association of the Palm Beaches, Space Coast Association of REAL
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County,13
Miami
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.

42 | c

.

l dResidential
w e lReal
l bEstate
a n/ Coldwell
k e rBanker
h o United,
mes
co
m Range: $1,000,000 and Up | Property Types: SFH - Con
Copyright © Coldwell o
Banker
Realtors
| Price

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 Associat ion 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.