FL ARCHIVED November 2017 | Page 207

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

City : Navarre

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
$ 290,000
0 %
7 %
Average List Price of all Current Listings
$ 375,844
0 %
6 %
November Median Sales Price
$ 264,000
6 %
6 %
19 %
19 %
$ 240,000
8 %
8 %
November Average Sales Price
$ 275,864
1 %
3 %
11 %
14 %
$ 267,837
11 %
11 %
Total Properties Currently for Sale ( Inventory )
396
6 %
-16%
November Number of Properties Sold
115 -12%
-12%
1,468
1 %
November Average Days on Market ( Solds )
55
6 %
-13% -25% -38%
67
-25%
-25%
Asking Price per Square Foot ( based on New Listings )
$ 139
-9%
-4%
2 %
5 %
$ 140
6 %
6 %
November Sold Price per Square Foot
$ 129
-8%
-4%
3 %
6 %
$ 134
11 %
10 %
November Month ' s Supply of Inventory
3.4
20 %
2 %
-6%
-15%
3.0
-27%
-25%
November Sale Price vs List Price Ratio
98.2 %
-. 4 %
-. 3 %
. 2 %
1.3 %
97.8 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
November Property sales were 115 , down 11.5 % from 130 in
November of 2016 and 11.5 % lower than the 130 sales last
Property month . November Sales 2017 sales were at a mid level compared to
250
200
November Property of 2016 sales and were 2015 . 115 November , down 11.5 YTD % from sales 130 of in 1,468 are
November running 0.8 of 2016 % ahead and of 11.5 last % lower year ' s than year-to-date the 130 sales sales last of 1,457 . month . November 2017 sales were at a mid level compared to
200
150
November of 2016 and 2015 . November YTD sales of 1,468 are
running 0.8 % ahead of last year ' s year-to-date sales of 1,457 .
150
100

Navarre

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
50
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 264,000 , up 19.3 %
D
J
F M A M J
14
15
J
A
SMedian O N D JSales F M APrice M J Jand
A SAverage O N D
J Sales
F M A Price M J
J
16
17
A S O N
3 Mo Avg
Prices from $ 221,325 in November of 2016 and up 5.6 % from
The
$ 249,950 Median last Sales month Price . in The November Average was Sales $ 264,000 Price in , up November 19.3 % was from
$ 275,864 $ 221,325 , up in 10.6 November % from $ of 249,341 2016 and in up November 5.6 % from of 2016 and up
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$
0.7 249,950 % from last $ 273,865 month . The last Average month . Sales November Price in 2017 November ASP was was at the
$ 275,864 , up 10.6 % from $ 249,341 in November of 2016 and up
270 highest level compared to November of 2016 and 2015 .
0.7 % from $ 273,865 last month . November 2017 ASP was at the
250
250
230
highest level compared to November of 2016 and 2015 .
230
210
210
190
190
170
170
150
150
D
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
14
15
16
17
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
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
The
November Total Inventory was 396 of , up Properties 5.9 % from available 374 last for month sale as of and down
November
16.5 % from was 474 396 in , up November 5.9 % from of 374 last last year month . November and down 2017
900
16.5
Inventory % from 474 was in at November its lowest of level last compared year . November with November 2017 of
800
Inventory
2016 and was 2015 at . its lowest level compared with November of
700
2016 and 2015 .
600
500
A comparatively lower MSI is more beneficial for sellers while
400 a
A comparatively lower MSI is more beneficial for sellers while a
300 higher MSI is better for buyers . The November 2017 MSI of 3.4 higher MSI is better for buyers . The November 2017 MSI of 3.4
200 months was at its lowest level compared with November of 2016 months was at its lowest level compared with November of 2016
100 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
900
800
12.0
700
10.0
600
500
8.0
400
6.0
300
200
4.0
100
2.0
0
0.0
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
D
J
F M A 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
14
15
16
17
14
15
16
17
12.0
10.0
8.0
6.0
4.0
2.0
0.0
78 71 92 111 111 133 152 160 104 126 115 78 134 93 92 144 119 134 173 170 151 131 120 130 134 90 100 150 130 150 195 157 151 100 130 115
764 796
78 764
71 796
792 830
92 831
111
792 830
111 831
790 810
133 790
750 673
152
810 160
750
639 642
104
673 612
126
639 642
115
579 563
612 78
579 134
580 554
563 93
531 92
580 554
561 554
144 531
119 561
495 484
134 554
475 173 170
495 484
486 474
151 475
131 486
442 404
120 474 393
130
395 390
134
442 404
90 393
408 369
100
395 150
390
347 356
408 130 378
369
150 195
347 356
374 396
157 378
151 374
100
396 130 115
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 Ass 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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