FL ARCHIVED July 2017 - Page 58

Market Action Report Longboat Key City: Longboat Key Agent Name Title Phone Agent Name Website Other Title July 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $695,000 1% -13% Other $1,210,684 Trending -1% versus*: -4% Month LM 11% L3M 17% PYM 15% LY $750,000 $695,000 1% 1% -13% $947,712 7% -9% $1,210,684 308 -1% -11% -4% 7% $750,000 11% 17% 15% -6% 17% 33 -34% $947,712 144 1% 8% 7% 10% -9% 12% -6% 308 -11% 7% $454 -11% -1% -12% 33 -34% -6% $462 5% 6% 0% 144 8% 10% 12% 25% 9.3 35% 16% 14% $454 -11% -1% -12% -5% 88.6% -.8% -.2% -4.1% Average List Price of all Current Listings Market Profile & Trends July Median Sales Price Overview Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) July Sales Price July Median Number of Properties Sold July Average Sales Price July Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) July Number of Properties Sold July Sold Price per Square Foot July Average Days on Market (Solds) July Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) July Sale Price vs List Price Ratio July Sold Price per Square Foot $462 5% 6% 0% 9.3 35% 16% 14% 88.6% -.8% -.2% -4.1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date July Month's Supply of Inventory July Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 400 79 16 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 30.0 30.0 300 200 A comparatively lower MSI is more beneficial for sellers while 200 a A higher comparatively lower MSI is more The beneficial for sellers while MSI is better for buyers. July 2017 MSI of 9.3 a 100 higher MSI is better for buyers. July 2017 MSI July of 9.3 months was at its highest level The compared with of 2016 and 100 months 0 2015. was at its highest level compared with July of 2016 and 0 2015. 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 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 58 | c 27 15 300 3 Mo Avg 15 A M J J A S O N D J F M 16 A S 14 O N D J F M A M J J A S O N D J F M A 17 M J J 14 15 16 17 The Total Inventory Inventory & MSI of Properties available for sale as of July 500 was Total 308, Inventory down 11.0% from 346 available last month 7.3% The of Properties for and sale up as of July from 287 308, in July of 11.0% last year. 2017 month Inventory was at its highest 500 was down from July 346 last and up 7.3% from 400 287 in compared July of last with year. July July of 2017 Inventory was at its highest level 2016 and 2015. level compared with July of 2016 and 2015. 14 400 3 Mo Avg 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 A S O N D J F M A M Median J J A S Sales O N D Price J F M and A M Average J J A S Sales O N D Price J F M A M J J The Median Sales Price in July was $750,000, up 15.4% from 1,400 Prices $650,000 in July of 2016 and up 10.7% from $677,500 last 1,300 The Median Sales Price Sales in July Price was $750,000, 15.4% from month. The Average in July was up $947,712, down 1,400 1,200 $650,000 in $1,038,307 July of 2016 in and up of 10.7% last 8.7% from July 2016 from and $677,500 up 0.5% from 1,300 1,100 month. The last Average Sales Price in July down $942,590 month. July 2017 ASP was was $947,712, at a mid range 1,200 1,000 8.7% from $1,038,307 in July of 2016 compared to July of 2016 and 2015. and up 0.5% from 1,100 $942,590 last month. July 2017 ASP was at a mid range 900 1,000 compared to July of 2016 and 2015. 800 900 700 800 600 700 500 600 500 400 Inventory & MSI 1% $442 -8% -4% -10% 10.4 25% 0% Number of 89.4% Properties -3.6% -3% Sold -3% . Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Range: Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Coldwell Realtors All | Property Types: SFH - Con o l d Residential w e l Real l b Estate a n / k e r Banker h o United, mes c o | Price m 25.0 Prices 0 0 10 20 30 40 40 50 50 10 14% -5% -4% 0% -3% 60 60 20 2% -12% 3% 281 -20% 131 16% -11% -5% $454 -6% 281 -12% 1% $442 -8% 131 16% 14% -10% 10.4 25% $454 -6% -5% -3.6% 89.4% -3% 70 70 30 $660,000 $898,791 25% Number of Prope ѥ́M()ݕɔЁѡȁݕЁٕɕѼ)ձ䁽؁Ը))ձeQ́ͅāɔչȸԔЁ啅ȝ́啅ȴ)Ѽє́ͅĸ)Qɕ̨ٕ)AɥȁeQȔ)AɥȁeȀ̔(ܔeQ((ؔ(((Ĕ())ձAɽ́ͅݕɔ̰ݸԸܔɽԁ)ձ䁽)иݕȁѡѡ́ͅЁѠ)ձ܁ͅ)Aɽ)M)ݕɔЁѡ)ݕЁٕɕѼ)ձ䁽؁Ը))ձ)ͅ(̰չ)ݸԸܔ)ɽ(ԁ)ձ(؁啅ȴ))ձAɽ)eQͅ)ݕɔ(āɔ(ȸԔ)Ё)啅ȝ()(и)ݕ)Ѽє)ͅ)ѡ(ĸѡ́ͅЁѠ)ձ܁ͅ)Qɕ̨ٕ)AɥȁeQAɥȁe)eQ)5ɭЁѥI) 1Ё-))ձ((Ը((Ը((Ը((Ը((Ը()4(()ф)ɽ٥)ѕ)ɕѕ)1Ցɑ)I1Q=IL)I1Q=H)ͽѥ)5ѥ)5ͽѥ)I1Q=IL)ɥ51L)I)51L) ɐI1Q=IL)I1Q=ILͽѥ)ѡA) ̰)M )ͼ)ф)́)ɽ٥)ѕ)ɕѕ)Ё)1Ցɑ)I1Q=IL)I1Q=H)ͽѥ)5ѥ) չ䰁 չ)5ͽѥ)I1Q=IL)5ɥ5)I)9)ɕ9) ɐɕ)I1Q=IL)I1Q=ILͽѥ)ѡA ̰)M) Ёͽѥ)I0))݅Ʌ)ȁՅɅѕ)Ʌ)ɵѥ)ѡ́ɵѥ)%Ё́ɕͥ)ѡɕͥ)䁽ȁ)ٕɥ)ɵѥ)ѼՍյˊe)хєɅͅѥ))Ё)݅Ʌ)ȁՅɅѕ)ѡѡ)Ʌ)ѡ)%Ё́ѡ)䁽))͕ȁȁѼ͕)ٕɥѼ))ɵѥ)ɕمЁѼɕم)Սյˊe)ɕхєɕ)Ʌͅѥ