Market Action Report April 2017
LONGBOAT KEY
City : Longboat Key
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 |
$ 1,599,900 |
-0% |
|
-6% |
|
|
|
|
Average List Price of all Current Listings |
$ 2,659,373 |
2 % |
|
10 % |
|
|
|
|
April Median Sales Price |
$ 1,637,500 |
19 % |
13 % -44% |
-4% |
$ 1,450,000 |
-35% |
-15% |
April Average Sales Price |
$ 1,887,600 |
20 % |
4 % |
-31% -16% |
$ 1,816,923 |
-28% |
-19% |
Total Properties Currently for Sale ( Inventory ) |
135 |
-8% |
|
-1% |
|
|
|
April Number of Properties Sold |
13 |
30 % |
|
-55% |
43 |
-20% |
|
April Average Days on Market ( Solds ) |
123 |
38 % -21% 24 % |
-2% |
155 |
35 % |
24 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 535 |
-24% -15% -21% -17% |
$ 629 |
-4% |
-2% |
April Sold Price per Square Foot |
$ 610 |
18 % |
1 % |
-21% -10% |
$ 606 |
-13% |
-11% |
April Month ' s Supply of Inventory |
10.4 -29% -21% 121 % -42% |
13.4 |
-9% |
-25% |
April Sale Price vs List Price Ratio |
85.4 % -9.3% -3.3% -9.9% -6.6% |
88.3 % |
-5% |
-3% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
35 April Property sales were 13 , down 55.2 % from 29 in April of 2016 and 30.0 % higher than the 10 sales last month . April 2017 30 sales were at their lowest level compared to April of 2016 and Property 2015 . April Sales YTD sales of 43 are running 20.4 % behind last 25
35 April year ' Property s year-to-date sales sales were of 1354 , down . 55.2 % from 29 in April of
20 2016 and 30.0 % higher than the 10 sales last month . April 2017 30 sales were at their lowest level compared to April of 2016 and 15 2015 . April YTD sales of 43 are running 20.4 % behind last 25 year ' s year-to-date sales of 54 . 10 20 5 15
0 10
5
Prices The Median Sales Price in April was $ 1,637,500 , down 44.3 % 0 from $ 2,937,421 in April of 2016 and up 19.1 % from $ 1,375,000 M
3,000 last month . The Average Sales Price in April was $ 1,887,600 , 14
Prices down 31.0 % from $ 2,736,419 in April of 2016 and up 20.4 % The from
Median $ 1,567,250
Sales last Price month in April
. April was 2017 $ 1,637,500
ASP was , down at a mid
44.3 range %
2,500 from compared
$ 2,937,421 to April in of April
2016 of and 2016
2015 and
. up 19.1 % from $ 1,375,000
3,000 last month . The Average Sales Price in April was $ 1,887,600 , 2,000 down 31.0 % from $ 2,736,419 in April of 2016 and up 20.4 % from $ 1,567,250 last month . April 2017 ASP was at a mid range 2,500
1,500 compared to April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 135 , down 8.2 % from 147 last month and down 0.7 % from 136 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 135 , down 8.2 % from 147 last month and down 0.7 % from 136 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 10.4 months was at its highest 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 10.4 months was at its highest level compared with April of 2016 and 2015 .
2,000 1,000
1,500
160 80
140 60
120 40
100 20 800 60 40 20 0
12 11 8
Agent Name
Title Phone Website Other
4 5 6 6 5 7
12 11 8 4 5 6 6 5 7 7 9
Number of Properties Sold
Median Sales Price and Average Sales Price
16 15 7 8 3 4 5 5 7 6 9 10 29 17 18 10 8 6 3 3 9 10 10 10 13
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 |
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
104 99 97 97 94 96 101 114 117 110 109 102 94 94
Number of Properties Sold
Median Sales Price and Average Sales Price
88 84 86
99 113 117
141
150 140 136 127 121 110 109 105
122 133 139 143 142 147
135
0.0
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 : JSFH 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 17 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 .
40 | coldwellbankerluxury . com
7 9 16 15 7 8 3 4 5 5 7 6 9 10 29 17 18 10 8 6 3 3 9 10
3 Mo Avg
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 |
|
104
10 10 13
3 Mo Avg
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 |
|
1,000 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
160 |
M
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
50.0
17
|
140 |
|
|
|
|
|
|
|
|
120 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
40.0 |
100 |
|
|
99
M J
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
150 140 136 127 121
F M A M J
110 109 105
122 133 139 143 142 147
135
J A S O N D J F M A 17
3 Mo Avg
3 Mo Avg
30.0 50.0
20.0 40.0
10.0 30.0
0.0 20.0
10.0