FL ARCHIVED September 2017 | Page 137

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

City : Cocoa Beach

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
$ 420,500
-3%
-1%
Average List Price of all Current Listings
$ 498,169
-6%
2 %
September Median Sales Price
$ 274,950
-5%
-4%
5 %
4 %
$ 286,000
6 %
8 %
September Average Sales Price
$ 293,421
-6%
-10% -14%
-8%
$ 333,054
4 %
5 %
Total Properties Currently for Sale ( Inventory )
178
-4%
-11%
September Number of Properties Sold
34 -23%
-23%
405
-0%
September Average Days on Market ( Solds )
87
13 %
13 %
2 %
19 %
79
10 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 224
-4%
-1%
3 %
1 %
$ 230
4 %
4 %
September Sold Price per Square Foot
$ 202
-4%
-2%
-7%
1 %
$ 204
3 %
3 %
September Month ' s Supply of Inventory
5.2
24 %
15 %
16 %
-9%
4.8
-17%
-16%
September Sale Price vs List Price Ratio
94.1 %
1.2 %
. 7 %
2.0 % 1.3 %
93.5 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales September Property sales were 34 , down 22.7 % from 44 in
September of 2016 and 22.7 % lower than the 44 sales last Property month . September Sales 2017 sales were at their lowest level 70
September compared Property to September sales were of 2016 34 , down and 2015 22.7 .% September from 44 in YTD September sales of 405 of 2016 are running and 22.70.2 % lower % behind than last the 44 year sales ' s year-to-date last 60 month sales . of September 406 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD 50 sales of 405 are running 0.2 % behind last year ' s year-to-date sales of 406 .
40

Cocoa Agent Beach

Name
Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
10
0
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 M J
J
A
S
0
14
15
16
17
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 M J
J
A
S
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in September was $ 274,950 , up 5.3 %
600
Prices from $ 261,000 in September of 2016 and down 4.7 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 288,500 Median last Sales month Price . in The September Average was Sales $ 274,950 Price in , up September 5.3 %
550
600 from was $ 261,000 293,421 , in down September 13.5 % of from 2016 $ 339,266 and down in 4.7 September % from of 2016
500 $ 288,500 last month . The Average Sales Price in
550 and down 5.8 % from $ 311,400 last month . September 2017 ASP
450 was was $ 293,421 at a mid , down range 13.5 compared % from to $ 339,266 September in September of 2016 and of 2016 2015 .
500
400 and down 5.8 % from $ 311,400 last month . September 2017 ASP
450 was at a mid range compared to September of 2016 and 2015 .
350
400
300
350
250
300
3 Mo Avg
250
200
200
150
150
O
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 M J
14
15
16
17
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
J
A S
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
September Total Inventory was 178 of , down Properties 4.3 % available from 186 for last sale month as of and down
September
10.6 % from was 199 178 in , down September 4.3 % from of last 186 year last . month September and down 2017
300
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
10.6
Inventory % from 199 was in at September a mid level of compared last year . with September September 2017 of
2016250
Inventory and 2015 was . at a mid level compared with September of 2016 and 2015 .
200
150
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The September 2017 MSI of 5.2 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 5.2 of
50 months
2016 and was 2015 at its . highest level compared with September of
2016 and 2015 .
0
12.0
200
10.0
150
8.0
100
6.0
50
4.0
2.0
0
0.0
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 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 M J
J
A S
14
15
16
17
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
42 40 42 38 35 52 50 44 55 53 46 43 44 32 38 36 22 36 58 50 62 45 53 44 36 43 34 32 35 53 51 53 55 48 44 34
204 202
42 204
40 202
205 212
42
235 205 38 212
35 235
221 208
52 221
50 208
199 192
44 199
176 161
55 192
53 176
46 161
166 166 176
43 166
Number of Properties Sold
44
196 166
218 32 38
252 277
176 196
36 22
260 250
218 252
277 36 260
243 238
58 250 215
50 243
62 238
199 194
45 215
53 199
204 209
44 194
36 204
216 230
43 209
34 216
217 236
218 32 230
35
217
201 201
53
236
3 Mo Avg
218 51
186 178
201 53
201 55
186
3 Mo Avg
48
178 44 34
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 Assoc 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 137