FL ARCHIVED January 2018 | Page 207

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

City : Navarre

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
$ 289,900
-1%
4 %
Average List Price of all Current Listings
$ 379,032
1 %
2 %
January Median Sales Price
$ 247,000
1 %
-1%
14 %
3 %
$ 247,000
14 %
3 %
January Average Sales Price
$ 272,970
6 %
1 %
15 %
2 %
$ 272,970
15 %
2 %
Total Properties Currently for Sale ( Inventory )
391
-3%
-3%
January Number of Properties Sold
80 -39%
-11%
80
-11%
January Average Days on Market ( Solds )
62
5 %
11 % -28%
-6%
62
-28%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 159
7 %
6 %
16 %
12 %
$ 159
16 %
12 %
January Sold Price per Square Foot
$ 142
9 %
5 %
13 %
6 %
$ 142
13 %
6 %
January Month ' s Supply of Inventory
4.9
58 %
27 %
9 %
60 %
4.9
9 %
60 %
January Sale Price vs List Price Ratio
98.1 %
. 0 %
-. 2 % 1.9 %
. 3 %
98.1 %
2 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
250
January Property sales were 80 , down 11.1 % from 90 in January
of 2017 and 38.9 % lower than the 131 sales last month . January
Property
2018 sales Sales were at their lowest level compared to January of
250
200
January
2017 and Property 2016 . sales January were YTD 80 , down sales of 11.1 80 % are from running 90 January 11.1 %
of behind 2017 and last 38.9 year %' s lower year-to-date than the sales 131 sales of 90 last . month . January
2018 sales were at their lowest level compared to January of
200
150
2017 and 2016 . January YTD sales of 80 are running 11.1 %
behind last year ' s year-to-date sales of 90 .
150
100

Navarre

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
50 0
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
0 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in January was $ 247,000 , up 14.1 %
300
Prices from $ 216,450 in January of 2017 and up 0.8 % from $ 245,000 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in January Sales Price was $ in 247,000 January , up was 14.1 $ % 272,970 ,
290
300 from up 14.7 $ 216,450 % from in $ January 238,031 of in 2017 January and up of 2017 0.8 % and from up $ 245,000 6.1 % from 280 last month . The Average Sales Price in January was $ 272,970 ,
290
$ 257,212 last month . January 2018 ASP was at the highest level 270 up 14.7 % from $ 238,031 in January of 2017 and up 6.1 % from 280 compared to January of 2017 and 2016 .
260
$ 257,212 last month . January 2018 ASP was at the highest level 270 250 compared to January of 2017 and 2016 . 260
240 250
230 240
220 230
210
220 210
200
200 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
15 A 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
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 January Total Inventory was 391 , down of Properties 3.5 % from available 405 last for month sale as of and down 900
10.0
January 3.0 % from was 403 391 , in down January 3.5 % from of last 405 year last . January month and 2018 down Inventory 900 800 10.0
3.0 was % from at its 403 lowest in January level compared of last year with . January 2018 of 2017 Inventory and 2016800 . 700
8.0
8.0 was at its lowest level compared with January of 2017 and 2016 . 700 600 600
6.0 500
6.0
500 400 4.0
A comparatively lower MSI is more beneficial for sellers while
400 a 300
4.0
A comparatively lower MSI is more beneficial for sellers while a 300 higher MSI is better for buyers . The January 2018 MSI of 4.9 200
2.0 higher MSI is better for buyers . The January 2018 MSI of 4.9 200 months was at a mid level compared with January of 2017 and 100
2.0 months was at a mid level compared with January of 2017 and 100 2016 .
0 0.0
2016 . 0
0.0 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
M A J F M A M J
F M A M J 15
16 17
18
92 111 111 133 152 160 104 126 115 78 134 93 92 144 119 134 173 170 151 131 120 130 134 90 100 150 130 150 195 157 151 100 130 118 131 80
791
F 15
829 92 791 830
111 829 789
111 830 809
133 789 749
152 809
672 638
160 749
641 104
672
611 126
638
578 115
641 611
562 579
J A S O N D J 16
78 578
134 553
562 93 530
579 92 560
553 144
553 530
119
494 560 483
134
553 173 170 151 131
474
485 494
473 483
441 474
403 485
393 473
395 441
390 403
407 393 368 395
347 390
357 407
379
368 383 347 416 357 405 379
391 383
J A S O N D J
17
120 130 134 90 100 150 130 150 195 157 151
J A S O N D J 18
100 416
130 405
118
391 131 80
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 Ass 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 .
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