FL ARCHIVED October 2016 | Page 32

Community Information | School District
Market Action Report October 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
$ 1,695,000
0 %
-5%
Average List Price of all Current Listings
$ 2,451,327
3 %
-1%
October Median Sales Price
$ 1,565,000
8 %
-1% -29%
1 %
$ 1,942,500
25 %
25 %
October Average Sales Price
$ 1,458,333
-21% -25% -19% -21%
$ 2,363,369
27 %
28 %
Total Properties Currently for Sale ( Inventory )
125
17 %
26 %
October Number of Properties Sold
3 -50%
-40%
116
43 %
October Average Days on Market ( Solds )
229
110 % 48 % 990 % 46 %
122
-25%
-22%
Asking Price per Square Foot ( based on New Listings )
$ 695
-10%
1 %
15 %
8 %
$ 666
5 %
4 %
October Sold Price per Square Foot
$ 527
-9% -16%
3 %
-11%
$ 698
19 %
18 %
October Month ' s Supply of Inventory
41.7
134 % 71 % 110 % 163 %
15.8
4 %
-1%
October Sale Price vs List Price Ratio
88.8 %
-. 4 % -1.7% -23.5% -1.0%
92.0 %
3 %
3 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales October Property sales were 3 , down 40.0 % from 5 in October of 2015 and 50.0 % lower than the 6 sales last month . October 2016 sales were at their lowest level compared to October of Property 2015 and 2014 Sales . October YTD sales of 116 are running 43.2 % October ahead of Property last year sales ' s year-to-date were 3 , down sales 40.0 of 81 %. from 5 in October of 2015 and 50.0 % lower than the 6 sales last month . October 2016 sales were at their lowest level compared to October of 2015 and 2014 . October YTD sales of 116 are running 43.2 % ahead of last year ' s year-to-date sales of 81 .
Inventory & MSI The Total Inventory of Properties available for sale as of October was 125 , up 16.8 % from 107 last month and up 26.3 % from 99 in October of last year . October 2016 Inventory was at its highest level compared with October of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of October was 125 , up 16.8 % from 107 last month and up 26.3 % from 99 in October of last year . October 2016 Inventory was at A comparatively lower MSI is more beneficial for sellers while a its highest level compared with October of 2015 and 2014 . higher MSI is better for buyers . The October 2016 MSI of 41.7 months was at its highest level compared with October of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 41.7 months was at its highest level compared with October of 2015 and 2014 .

Longboat Agent Name Key

35 30 25 35 20 30 15 25 10 20 5 15
0 10
1,500
1,000
160 140 120 100
160 80
140 60
120 40
100 20 800 60 40 20 0
4
4 7 7 10 9 9
Number of Properties Sold
Total Inventory & Month ' s Supply of Inventory ( MSI )
N 13
D
J 14
F M A M J
J
A S O N D
J 15
F M A M J
J
A S O N D
J 16
99 7 102
7 111
Title Phone Website Other
10
119 9 9 12 11 8
Number of Properties Sold
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
A S O
5
13
14
15
16
Prices
The Median Sales Price in October was $ 1,565,000 , down 28.9 %
0
Median Sales Price and Average Sales Price
3 Mo Avg
from $ 2,200,000 in October of 2015 and up 8.2 % from
$ 1,447,000 last month . The Average Sales Price in October was
N
D
J
F M A M J
3,00013
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
Prices
$ 1,458,333 , down 18.6 % from $ 1,790,915 in October of 2015
The and Median down 20.6
Sales % from
Price
$ in 1,836,500 October was last
$ month 1,565,000
. October
, down 2016 28.9 % from
ASP
$ was 2,200,000 at the lowest in October level compared of 2015 and to October up 8.2 % of from 2015 and
$
2014 1,447,000 . last month . The Average Sales Price in October was
2,500
3,000
2,000
Median Sales Price and Average Sales Price
3 Mo Avg
$ 1,458,333 , down 18.6 % from $ 1,790,915 in October of 2015
and down 20.6 % from $ 1,836,500 last month . October 2016
ASP was at the lowest level compared to October of 2015 and
2,500
1,500
2014 .
2,000
1,000
12 11 8 4 5 6 6 5 7 7 9
Total Inventory & Month ' s Supply of Inventory ( MSI )
113
113 104 99 97 97 94 96 101 114 117 110 109 102 94 94 88 84 86
99 113 117
141 151
16 15 7 8 3 4 5 5 7 6 9
F M A M J J A S O
45.0
141
137 128 122
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 N D and J Up F | MProperty A MTypes J : JSFH A - Con 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 Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 13 Association 14 of REALTORS , My Florida Regional MLS 15 , 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

4 5 6 6 5 7 7 9 16 15 7 8 3 4 5 5 7 6 9 10 29 17 18 10
111 109 107
3 Mo Avg
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
A S O
13
14
15
16
99
102 111 119 113 113 104 99
N D J F M A M J
13 14
97 97 94 96 101 114 117
J A S O N D J
15
110 109 102 94 94
F M A M J
88 84 86
99 113 117
141
J A S O N D J 16
151 141 137 128 122
F M A M J
111 109 107
8 125 125
J A S O
3 Mo Avg
6 3
40.0 35.0
30.0 25.0 45.0
20.0 40.0 15.0 35.0 10.0
5.0 30.0
0.0 25.0 20.0 15.0 10.0 5.0 0.0
10 29 17 18 10 8 6 3