FL ARCHIVED April 2017 | Page 121

Market Action Report April 2017

MARTIN COUNTY

County : Martin

Community Information | School District
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
$ 1,899,000
-2%
-0%
Average List Price of all Current Listings
$ 2,975,717
-0%
5 %
April Median Sales Price
$ 1,315,000
-9% -21% -19% -18%
$ 1,668,750
11 %
4 %
April Average Sales Price
$ 2,046,625
-13% -11% -11%
-2%
$ 2,294,214
13 %
9 %
Total Properties Currently for Sale ( Inventory )
316
-4%
7 %
April Number of Properties Sold
20 -31%
-13%
70
1 %
April Average Days on Market ( Solds )
112 -58% -39% -62% -48%
183
-22%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 536
-2%
1 %
-10%
1 %
$ 531
-2%
0 %
April Sold Price per Square Foot
$ 469
0 %
-5%
8 %
10 %
$ 493
21 %
15 %
April Month ' s Supply of Inventory
15.8
39 % -23% 23 %
-18%
22.7
28 %
17 %
April Sale Price vs List Price Ratio
86.2 % -2.3% -1.8% 5.9 % 2.7 %
87.8 %
5 %
5 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 20 , down 13.0 % from 23 in April of 2016 and 31.0 % lower than the 29 sales last month . April 2017 sales were at a mid level compared to April of 2016 and 2015 .
Property April YTD sales Sales of 70 are running 1.4 % ahead of last year ' s yearto-date Property sales of sales 69 . were 20 , down 13.0 % from 23 in April of
April 2016 and 31.0 % lower than the 29 sales last month . April 2017 sales were at a mid level compared to April of 2016 and 2015 . April YTD sales of 70 are running 1.4 % ahead of last year ' s yearto-date sales of 69 .
Prices The Median Sales Price in April was $ 1,315,000 , down 19.1 % from $ 1,625,000 in April of 2016 and down 9.3 % from $ 1,450,000 last month . The Average Sales Price in April was
Prices $ 2,046,625 , down 11.4 % from $ 2,310,602 in April of 2016 and The down
Median
12.9 % Sales from Price $ 2,350,690 in April last was month $ 1,315,000
. April , down 2017 ASP
19.1 % was from at a mid
$ 1,625,000 range compared in April of to 2016 April and of 2016 down and
9.3 2015 % from
.
$ 1,450,000 last month . The Average Sales Price in April was $ 2,046,625 , down 11.4 % from $ 2,310,602 in April of 2016 and down 12.9 % from $ 2,350,690 last month . April 2017 ASP was at a mid range compared to April of 2016 and 2015 .
35
30
Number of Properties Sold
3 Mo Avg
25
35
20
30
15
25
10
20
5
15
0
10
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
5
14
15
16
17
0
Median Sales Price and Average Sales Price
3 Mo Avg
M
3,700
14
J
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 N D
J
F M A
17
3,200
Median Sales Price and Average Sales Price
12
3,700 2,700
3,200 2,200
2,700
1,700
15 12
Agent Name
Title Phone Website Other
7 2
12 15 12 7 2
14
14 4 17 11 10 19 12
Number of Properties Sold
17 13 17 10 15 19 16 18 12 14 20 23 11 24 15 9
4 17 11 10 19 12 17 13 17 10 15 19 16 18 12 14 20 23 11 24 15 9 11 12 16 19 11
3 Mo Avg
10 29 20
11 12 16 19 11 10 29 20
3 Mo Avg
2,200 1,200
1,700
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
14
15
16
17
Inventory & MSI The Total Inventory of Properties available for sale as of April was 316 , down 4.2 % from 330 last month and up 7.1 % from 295 in April of last year . April 2017 Inventory was at a mid level compared with April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 316 , down 4.2 % from 330 last month and up 7.1 % from 295 in April of last year . April 2017 Inventory was at a mid level A comparatively lower MSI is more beneficial for sellers while a compared with April of 2016 and 2015 . higher MSI is better for buyers . The April 2017 MSI of 15.8 months was at a mid level compared with April of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 15.8 months was at a mid level compared with April of 2016 and 2015 .
1,200
400 350 300 250
400 200
350 150
300 100 250 2000 150 100 50 0
Total Inventory & Month ' s Supply of Inventory ( MSI )
M 14
J
J
A S O N D
J 15
F M A M J
J
A S O N D
J 16
F M A M J
J
A S O N D
J 17
Total Inventory & Month ' s Supply of Inventory ( MSI )
339 313 304 304 303 323 327 330 342 342 332 319 315 284 273 259 245 271 252 263 278 295 280 295 274 264 263 252 264 271 289 283
319 345 330 316
339 313 304 304 303 323 327 330 342 342 332 319 315 284 273 259 245 271 252 263 278 295 280 295 274 264 263 252 264 271 289 283
319 345 330 316
M J 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 N D J F M A 17
F M A 160.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 M J and J Up A | SProperty O NTypes D : J SFH F - MConA M J J A S O N D J F M A M J J A S O N D J F M A Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 14 Association of REALTORS 15 , My Florida Regional MLS , Naples Area Board of 16 REALTORS , REALTORS Association of the Palm 17Beaches , 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 .
140.0 120.0 100.0
80.0 160.0
60.0 140.0
40.0 120.0
20.0 100.0 80.0 60.0 40.0 20.0 0.0
Coldwell Banker Global Luxury SM | 121