FL ARCHIVED September 2017 | Page 149

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

County : Martin

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
$ 418,000
1 %
4 %
Average List Price of all Current Listings
$ 844,135
1 %
10 %
September Median Sales Price
$ 300,000
-3%
-1%
7 %
9 %
$ 290,000
5 %
5 %
September Average Sales Price
$ 351,085
-12% -10%
5 %
-8%
$ 401,382
6 %
6 %
Total Properties Currently for Sale ( Inventory )
1,588
-6%
-16%
September Number of Properties Sold
235 -41%
-27%
3,256
1 %
September Average Days on Market ( Solds )
85
-2%
-1%
-2%
-4%
88
-3%
-1%
Asking Price per Square Foot ( based on New Listings )
$ 203
-4%
-1%
9 %
3 %
$ 206
8 %
5 %
September Sold Price per Square Foot
$ 171
-6%
-1%
8 %
5 %
$ 173
7 %
5 %
September Month ' s Supply of Inventory
6.8
58 %
27 %
15 %
12 %
5.6
-1%
-7%
September Sale Price vs List Price Ratio
93.0 % -1.0%
. 2 %
-. 7 %
. 2 %
92.7 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
September Property sales were 235 , down 26.8 % from 321 in
September of 2016 and 40.7 % lower than the 396 sales last
Property month . September Sales 2017 sales were at their lowest level
500
450
400
September compared Property to September sales were of 2016 235 , and down 2015 26.8 . % September from 321 in YTD
450
September sales of 3,256 of 2016 are and running 40.7 % 0.9 lower % ahead than the of last 396 year sales ' s last year-to-date month . September 2017 sales were at their lowest level
400 sales of 3,228 . compared to September of 2016 and 2015 . September YTD
350
350
300
250
sales of 3,256 are running 0.9 % ahead of last year ' s year-to-date
300
200
sales of 3,228 .
250
150

Martin Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
Number of Properties Sold
150
50
100
0
50
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
Prices
The Median Sales Price in September was $ 300,000 , up 7.1 %
Prices from $ 280,000 in September of 2016 and down 3.4 % from
The
$ 310,500 Median last Sales month Price . in The September Average was Sales $ 300,000 Price in , September up 7.1 %
500 from was $ 280,000 351,085 , in up September 4.9 % from of $ 2016 334,834 and in down September 3.4 % from of 2016
O
N D
J
F M A M J
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
J
A S
14
15
16
17
500
Median Sales Price and Average Sales Price
3 Mo Avg
450
3 Mo Avg
$ and 310,500 down last 12.0 month % from . The $ 398,830 Average Sales last month Price in . September 2017
450 was
ASP $ 351,085 was at the , up highest 4.9 % from level $ 334,834 compared in September to September of 2016 of 2016
400
and and down 201512.0 . % from $ 398,830 last month . September 2017
400
350
ASP was at the highest level compared to September of 2016
and 2015 .
350
300
300 250
306 269 347 281 308 393
306 269 347 281 308 393 404 435 469 368 326 324 331 272 317 265 299 382 413 421 433 375 319 321 262 249 317 246 321 413 386 469 418 372 396 235
250
200
200
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 1,588 of Properties , down 6.4 available % from 1,697 for sale last as month of and
2,500
September down 15.9 was % from 1,5881,888 , down in 6.4 September % from 1,697 of last year month . September and
2,500
2,000 down 201715.9 Inventory % from was 1,888 at in its September lowest level of last compared year . September with September
2,000
2017 of 2016 Inventory and 2015 was . at its lowest level compared with September
1,500 of 2016 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
4.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 6.8
500
2.0
higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 6.8 of months
2016 and was 2015 at its . highest level compared with September of
2016 and 2015 .
500
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
0.0
404
2,253 2,228 2,169 2,242 2,260 2,143 2,062
435
2,253 2,228 2,169 2,242 2,260 2,143 2,062 1,927 1,863 1,841
469 368 326
Number of Properties Sold
324 331 272 317 265 299 382 413 421
1,794 1,806 1,916 1,898 1,855 2,023 2,097 2,071 2,069 1,977 1,887 1,892 1,856 1,888 1,950 1,991 1,971 2,127 2,137 2,125 2,032 1,936 1,947 1,840 1,697 1,588
433 375 319
1,927 1,863 1,841 1,794 1,806 1,916 1,898 1,855 2,023 2,097 2,071 2,069 1,977 1,887 1,892 1,856 1,888 321 262 249 317 246 321 413
3 Mo Avg
386 469
1,950 1,991 1,971 2,127 2,137 2,125 2,032 1,936 1,947 1,840
418
3 Mo Avg
372
1,697
1,588 396 235
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 | 149