FL ARCHIVED April 2018 | Page 114

Market Action Report April 2018
Community Information | School District
Market Action Report April 2018

City : Longboat Key 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
$ 650,000
4 %
4 %
Average List Price of all Current Listings
$ 1,245,459
6 %
13 %
April Median Sales Price
$ 582,500
-13% -10% -8%
-9%
$ 649,000
-2%
2 %
April Average Sales Price
$ 840,645
-9%
-4%
-2%
-2%
$ 877,543
-3%
2 %
Total Properties Currently for Sale ( Inventory )
319
-8%
-31%
April Number of Properties Sold
65
-3%
25 %
207
39 %
April Average Days on Market ( Solds )
144
13 %
16 %
10 %
5 %
124
-5%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 459
-6%
-2%
11 %
7 %
$ 467
11 %
9 %
April Sold Price per Square Foot
$ 444
2 %
1 %
2 %
2 %
$ 438
-2%
1 %
April Month ' s Supply of Inventory
4.9
-6% -21% -44% -57%
7.9
-41%
-31%
April Sale Price vs List Price Ratio
90.5 %
. 3 %
-. 7 % 1.9 %
. 6 %
91.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

Longboat Agent Name Key Title Phone Website Other

Community Information | School District

Number of Properties Sold
Property Sales
90
April Property sales were 65 , up 25.0 % from 52 in April of 2017 and 3.0 % lower than the 67 sales last month . April 2018 sales
80
Number of Properties Sold
3 Mo Avg
Property were at a mid Sales level compared to April of 2017 and 2016 . April
90
70
April
YTD Property sales of 207 sales are were running 65 , up 25.0 38.9 % from ahead 52 of in last April year of ' 2017 s year-todate sales of 149 . and 3.0 % lower than the 67 sales last month . April 2018 sales
80
60
were at a mid level compared to April of 2017 and 2016 . April YTD sales of 207 are running 38.9 % ahead of last year ' s year-todate sales of 149 .
70
60
50
40
50
30
40
20
30
10
20
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
0
15
16
17
18
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
Prices
Median Sales Price and Average Sales Price
15
16
17
18
3 Mo Avg
The Median Sales Price in April was $ 582,500 , down 8.3 % from
1,400
Prices
$ 635,000 in April of 2017 and down 12.7 % from $ 667,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in April Price was in $ 582,500 April was , down $ 840,645 8.3 % from , down
1,300
1,400
$
2.4 635,000 % from in $ April 861,513 of 2017 in April and down of 2017 12.7 and % from down $ 667,000 9.4 % from last
1,200 month . The Average Sales Price in April $ 840,645 , down
1,300
$ 927,828 last month . April 2018 ASP was at the lowest level
1,100
2.4 % from $ 861,513 in April of 2017 and down 9.4 % from
1,200 compared to April of 2017 and 2016 .
1,000
$ 927,828 last month . April 2018 ASP was at the lowest level
1,100
900 compared to April of 2017 and 2016 .
1,000
800
900
700
800
600
700
500
600
500
400
400
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
15
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F M A
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 319 , Inventory down 8.3 of % Properties from 348 last available month for and sale down as of 30.5 April % from was 459319 in , April down of 8.3 last % from year . 348 April last 2018 month Inventory and down was 30.5 at % its from lowest
600
600
500
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
30.0
25.0
459 level in compared April of last with year April . of 2018 2017 Inventory and 2016 was . at its lowest level compared with April of 2017 and 2016 .
500
400
25.0
20.0
400
300
20.0
15.0
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
200 higher MSI is better for buyers . The April 2018 MSI of 4.9 higher months MSI was is better at a mid for level buyers compared . The April with 2018 April MSI of of 2017 4.9 and
100 months
2016 . was at a mid level compared with April of 2017 and
2016 .
0
15.0
200
10.0
100
5.0
0
0.0
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 O N D J
F M A
15
16
17
18
15
16
17
18
10.0
5.0
0.0
50 49 42 31 45 41 27 33 29 30 48 79 45 55 35 38
50 49 42 31 45 41 27 33 29 30 48 79 45 55 35 38 27 24 15 35 31 26 40 52 49 50 33 45 33 17 31 36 29 46 67 65
288 266
258 288
239 266
239 258
255 239
239 288
255 312
288 372
312
385 377
372 373
385 354
377 329
373 307
354 302
329
311 307 365
302 395
311 417
365 452
395 477
417 487
459 452
431 477
388 487
347 459
316 431 307 388
333
347 344 316 368 307 376 333 392 344
348 368
319 376
27 24 15 35 31 26 40 52 49 50 33 45 33 17 31 36
392 29
348
3 Mo Avg
46
319 67 65
58 | c o l d w e l l b a n k e r h o m e s . c o m
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 .