FL ARCHIVED July 2017 | Page 209

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

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
$ 294,334
3 %
13 %
Average List Price of all Current Listings
$ 379,328
3 %
13 %
July Median Sales Price
$ 263,700
6 %
8 %
19 %
20 %
$ 239,000
9 %
9 %
July Average Sales Price
$ 268,781
-4%
1 %
14 %
12 %
$ 266,947
12 %
11 %
Total Properties Currently for Sale ( Inventory )
320
-8%
-35%
July Number of Properties Sold
149 -22%
-12%
959
3 %
July Average Days on Market ( Solds )
41 -41% -33% -47% -54%
70
-26%
-21%
Asking Price per Square Foot ( based on New Listings )
$ 137
1 %
-1%
4 %
4 %
$ 137
5 %
4 %
July Sold Price per Square Foot
$ 128
-6%
-3%
4 %
6 %
$ 133
12 %
10 %
July Month ' s Supply of Inventory
2.1
18 %
-3% -26% -47%
2.9
-34%
-27%
July Sale Price vs List Price Ratio
98.3 %
. 3 %
. 5 %
. 3 %
1.5 %
97.3 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
July Property sales were 149 , down 12.4 % from 170 in July of
2016 and 22.4 % lower than the 192 sales last month . July 2017
Property sales were Sales at their lowest level compared to July of 2016 and
250
200
July
2015 Property . July YTD sales sales were of 149 959 , down are running 12.4 % from 3.1 % 170 ahead in July of of last
2016 year and ' s year-to-date 22.4 % lower sales than of the 930 192 . sales last month . July 2017 sales were at their lowest level compared to July of 2016 and
200
150
2015 . July YTD sales of 959 are running 3.1 % ahead of last
year ' s year-to-date sales of 930 .
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
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
0
14
15
16
17
Prices
The Median Sales Price in July was $ 263,700 , up 18.8 % from
A
S O N D
J
F M A
MMedian J
J A SSales O N DPrice
J
F Mand A MAverage J
J
A S Sales O N D Price
J
F M A M J
14
15
16
17
J
3 Mo Avg
Prices
$ 222,000 in July of 2016 and up 5.9 % from $ 249,000 last
The month Median . The Sales Average Price Sales in July Price was $ in 263,700 July was , up $ 268,781 18.8 % from , up 13.6 %
$ from 222,000 $ 236,522 in July in of July 2016 of and 2016 up and 5.9 % down from 3.6 $ 249,000 % from last $
278,889290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month last month . The . Average July 2017 Sales ASP Price was in at July the was highest $ 268,781 level , compared up 13.6 % to from $ 236,522 in July of 2016 and down 3.6 % from $ 278,889
270
July of 2016 and 2015 . last month . July 2017 ASP was at the highest level compared to
250
250
230
July of 2016 and 2015 .
230
210
210
190
190
170
170
150
150
A
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
S
14 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 A
17 M J
J
J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of July
The was Total 320 , Inventory down 8.0 of % Properties from 348 available last month for and sale down as of 35.2 July % from was 494320 in , July down of 8.0 last % year from . 348 July last 2017 month Inventory and down was 35.2 at its % lowest from
900
494 level in compared July of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest
800 level compared with July of 2016 and 2015 .
700
900
800
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
10.0
12.0
10.0
8.0
600
500
A comparatively lower MSI is more beneficial for sellers while
400 a
A comparatively lower MSI is more beneficial for sellers while a
300 higher MSI is better for buyers . The July 2017 MSI of 2.1 higher MSI is better for buyers . The July 2017 MSI of 2.1
200 months was at its lowest level compared with July of 2016 and months was at its lowest level compared with July of 2016 and
100
2015 .
2015 .
0
500
8.0
400
6.0
300
200
4.0
100
2.0
0
0.0
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
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
14
15
16
17
14
15
16
17
J
6.0
4.0
2.0
0.0
141 104 149 78 83 71 92 113 112 134 152 161 104 129 117 79 135 93 94 144 121 133 175 170 153 135 123 132 134 90 100 150 130 148 192 149
814 759
141 814 774
104 759
758 149 78 83 71 92 113 112
767 774
799 758
797 767
833 799
833 797 792 833
813 833
755 792
134 813
152
755 161 104 129 117 79 135 93 94 144 121
677 641 646
677 616
641
581 565
646
580 616
556 581
531 565
562 580
555 556
494 531
482 562
473 555
483 494
470 482 438 473
400 483
387 470
387 438
380
400 394
387 348
387 320
380
133 175 170 153 135 123 132 134 90 100 150
394 130 348
148
320 192 149
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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