FL ARCHIVED February 2018 | Page 140

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

City : Marco Island 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
$ 745,000
-1%
6 %
Average List Price of all Current Listings
$ 1,063,664
-0%
-1%
February Median Sales Price
$ 692,000
41 %
21 %
8 %
26 %
$ 610,000
-6%
11 %
February Average Sales Price
$ 742,290
-8%
-8%
-3%
0 %
$ 771,701
-6%
4 %
Total Properties Currently for Sale ( Inventory )
681
2 %
-18%
February Number of Properties Sold
56
24 %
-10%
101
-15%
February Average Days on Market ( Solds )
128 -25% -18% -14%
-8%
146
-9%
5 %
Asking Price per Square Foot ( based on New Listings )
$ 428
-7%
-3%
6 %
3 %
$ 446
10 %
8 %
February Sold Price per Square Foot
$ 374
-5%
-1%
-4%
0 %
$ 383
-4%
2 %
February Month ' s Supply of Inventory
12.2 -18% -2%
-9%
-2%
13.5
-1%
8 %
February Sale Price vs List Price Ratio
90.4 %
. 4 %
. 6 % -1.4% -. 1 %
90.2 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
120
February Property sales were 56 , down 9.7 % from 62 in
February of 2017 and 24.4 % higher than the 45 sales last month .
Property
February 2018 Sales sales were at their lowest level compared to
120
100
February Property of 2017 sales and 2016 were . 56 February , down 9.7 YTD % from sales 62 of in 101 are
February running of 15.1 2017 % behind and 24.4 last % higher year ' s year-to-date than the 45 sales sales last of month 119 . .
February 2018 sales were at their lowest level compared to
100
80
February of 2017 and 2016 . February YTD sales of 101 are running 15.1 % behind last year ' s year-to-date sales of 119 .
80
60
60
40

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

40
Number of Properties Sold
20 0 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
0 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in February was $ 692,000 , up 8.3 %
1,000
Prices from $ 639,000 in February of 2017 and up 41.2 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 490,000 Median last Sales month Price . in The February Average was Sales $ 692,000 Price , in up February 8.3 % was
1,000 900 from $ 742,290 $ 639,000 , down in February 2.9 % from of $ 2017 764,186 and up in February 41.2 % from of 2017 and $ down 490,000 8.2 last % from month $ 808,300 . The Average last month Sales Price . February in February 2018 was ASP was 900 800 $ at 742,290 a mid , range down 2.9 compared % from $ to 764,186 February in February of 2017 and of 2017 2016 and . down 8.2 % from $ 808,300 last month . February 2018 ASP was 800 700 at a mid range compared to February of 2017 and 2016 .
700 600 600
20
86 92 82 111 61 56 75 59 44 64 51 59 65 74 86 83 60 47 63 48 47 67 57 62 87 89 95 85 54 53 26 50 47 63 45 56
500
400
400
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 M J
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
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
February Total Inventory was 681 , of up Properties 1.9 % from available 668 last for month sale as and of down
900
30.0
February
17.8 % from was 828 681 , in up February 1.9 % from of 668 last last year month . February and down 2018
900
800
30.0
25.0
17.8
Inventory % from 828 was in at February its lowest of level last compared year . February with 2018 February of
800
700
25.0
Inventory
2017 and was 2016 at . its lowest level compared with February of
700
600
20.0
2017 and 2016 .
600
500
20.0
500
15.0
400
15.0
A comparatively lower MSI is more beneficial for sellers while
400 a
300
10.0
A comparatively lower MSI is more beneficial for sellers while a
300
10.0 higher MSI is better for buyers . The February 2018 MSI of 12.2
200 higher MSI is better for buyers . The February 2018 MSI of 12.2
200
5.0 months was at its lowest level compared with February of 2017
100
5.0 months was at its lowest level compared with February of 2017
100
, Flagler County Association and 2016 of REALTORS . , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association
0 , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estate
0.0 activity . C and 2016 .
0
0.0
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 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
15
16
17
18
15
16
17
18
674
500
652 86 674 642
92 652
601 82 111 61 56 75 59 44
579 642
537 601
550 579
570 537
550 640 570 684
781 640
64
803 830
684 51
Number of Properties Sold
59 65 74 86 83 60 47 63 48 47
3 Mo Avg
781 802
803 753
830 716
802
679 672
753
690 716
717 679
672 779
690 784
801 717
828 779
816 784
795 801
732 828
710 816 682 795
687 732
651 710
647 682
651 687
654 651
668 647
681 651
67 57 62 87 89 95 85 54 53 26 50
654 47 668
3 Mo Avg
63
681 45 56
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 71