FL ARCHIVED October 2017 | Page 71

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

City : Marco Island

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
$ 749,950
-1%
7 %
Average List Price of all Current Listings
$ 1,092,480
0 %
-1%
October Median Sales Price
$ 530,000
-0%
1 %
-13%
-4%
$ 556,500
3 %
1 %
October Average Sales Price
$ 782,620
31 %
16 % -12%
7 %
$ 725,626
0 %
-1%
Total Properties Currently for Sale ( Inventory )
592
-3%
-17%
October Number of Properties Sold
50
92 %
4 %
656
3 %
October Average Days on Market ( Solds )
179
86 %
36 %
50 %
38 %
132
10 %
2 %
Asking Price per Square Foot ( based on New Listings )
$ 431
1 %
1 %
7 %
5 %
$ 411
0 %
0 %
October Sold Price per Square Foot
$ 411
1 %
12 %
6 %
9 %
$ 374
0 %
-1%
October Month ' s Supply of Inventory
11.8 -49% -25% -20%
-4%
12.1
0 %
-3%
October Sale Price vs List Price Ratio
90.6 % -1.7% -. 3 %
. 8 %
-. 1 %
90.7 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
October Property sales were 50 , up 4.2 % from 48 in October of
2016 and 92.3 % higher than the 26 sales last month . October
Property
2017 sales Sales were at a mid level compared to October of 2016 and
120
100
October
2015 . October Property YTD sales sales were of 50656 , up are 4.2 % running from 483.3 in % October ahead of last
2016 year and ' s year-to-date 92.3 % higher sales than of the 63526 . sales last month . October
100
2017 sales were at a mid level compared to October of 2016 and
80
2015 . October YTD sales of 656 are running 3.3 % ahead of last year ' s year-to-date sales of 635 .
80
60
60
40

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

40 20
Number of Properties Sold
20
0
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
0
14
15
16
17
Prices
The Median Sales Price in October was $ 530,000 , down 13.5 %
Prices from $ 612,500 in October of 2016 and down 0.2 % from
The
$ 531,000 Median last Sales month Price . in The October Average was Sales $ 530,000 Price , down in October 13.5 % was
900 from
$ 782,620 $ 612,500 , down in October 12.0 % from of 2016 $ 888,856 and down in 0.2 October % from of 2016 and
$ 531,000 last month . The Average Sales Price in October was
850 up 31.1 % from $ 596,942 last month . October 2017 ASP was at a
$ 782,620 , down 12.0 % from $ 888,856 in October of 2016 and
800 mid range compared to October of 2016 and 2015 . up 31.1 % from $ 596,942 last month . October 2017 ASP was at a
750 mid range compared to October of 2016 and 2015 .
700
650
600
550
500
450
400
N
D
J
F M A M J
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
J
A S O
14
15
16
17
3 Mo Avg
900
Median Sales Price and Average Sales Price
850
3 Mo Avg
800
750
700
650
600
550
500
450
400
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
N
D
14
J
F
15 M 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 A
17 M J
J
A S O
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
October Total Inventory was 592 , down of Properties 2.8 % from available 609 last for sale month as of and down
October
16.6 % from was 592 710 , down in October 2.8 % from of last 609 year last . October month and 2017 down Inventory
900
16.6 was % at from a mid 710 level in October compared of last with year October . of 2017 2016 Inventory and 2015 .
800 was at a mid level compared with October of 2016 and 2015 .
700
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 October 2017 MSI of 11.8 higher MSI is better for buyers . The October 2017 MSI of 11.8
200 months was at a mid level compared with October of 2016 and months was at a mid level compared with October of 2016 and
100
2015 .
2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
900
800
25.0
700
600
20.0
500
15.0
400
300
10.0
200
100
5.0
0
0.0
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
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
14
15
16
17
14
15
16
17
25.0
20.0
15.0
10.0
5.0
0.0
40 65 46 73 86 92 82 111 61 56 75 59 43 64 51 59 64 74 86 83 60 47 63 48 47 67 57 62 87 89 95 84 53 53 26 50
608
40 65
637
660 608
678 637 46 660 670
73 678 648
86 670
639 597
92 648
575 82
639
532 111
597
545 61
575 56
566 532 634
75
545 679 566
Number of Properties Sold
59 43 64 51 59 64 74 86 83 60 47
3 Mo Avg
775
634 797 679 824 795
775
746 797
710 824
673 795
666 746
684 710
710 673
666 772
684 777
793 710
817 772 802 777
777 793
712 817
691 802
655 777
652 712
609 691
592 655
63 48 47 67 57 62 87 89 95 84
652 53 609
3 Mo Avg
53
592 26 50
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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