FL ARCHIVED April 2018 | Page 142

Community Information | School District
Market Action Report April 2018

City : Marco Island Price Range : All | Properties : SFH - Con

Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The April 2018 Selling Price vs Original List Price of 90.5 % was down from 91.8 % last month and up from 90.3 % in April of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in April 2018 was 131 , down 10.9 % from 147 last month and up 6.5 % from 123 in April of last year .

Marco Agent Name Island

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Community Information | School District

Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
340 320 300
Days On Market for Sold Properties
Market Time
200
The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a
180
160
155
Buyer ' s market , a downward trend a move towards more of a
140
126
Seller ' s market . The DOM for April was 155 , up 6.9 % from 145 days last month and up 23.0 % from 126 days in April of last year . The April 2018 DOM was at a mid level compared with
120
100
85
April of 2017 and 2016 .
80
60
40
20
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
15
16
17
18
Selling Price per Square Foot
Selling Price per Square Foot
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the
direction of Property values . Since Median Sales Price and
440
Average Sales price can be impacted by the ' mix ' of high or low
end Properties in the market , the selling price per square foot is
420
a more normalized indicator on the direction of Property values .
The April 2018 Selling Price per Square Foot of $ 394 was up
400
384
382
394
7.5 % from $ 366 last month and up 3.0 % from 382 in April of
380
last year .
360
95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 % 87 % 86 % 85 %
900 800 700 600 500 400 300 200 100
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
15
16
17
18
Selling Price versus Listing Price Ratio
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
Inventory / New Listings / Sales
642 601 579 537 550 570
640
Avg Selling Price divided by Avg Listing Price for sold properties during the month
684
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 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 .
781 803 830
91.9 %
802 753 716 679
672 690 717 779 784 801 828 816
90.3 % 90.5 %
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
796 733 711 683 688 652 648 652 656
3 Mo Avg
3 Mo Avg
675 692 708
668
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