FL ARCHIVED June 2017 - Page 139

Cocoa Beach Community Information | School District 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 $484,450 6% 22% Average List Price of all Current Listings $553,532 4% 15% June Median Sales Price $324,000 -2% 0% 40% 22% $297,500 11% 12% June Average Sales Price $360,579 -2% 4% 21% 13% $341,820 10% 7% Total Properties Currently for Sale (Inventory) 188 -6% -22% June Number of Properties Sold 54 2% -13% 278 5% June Average Days on Market (Solds) 68 -29% -14% -18% -7% 79 11% 8% Asking Price per Square Foot (based on New Listings) $225 -2% -3% -7% 1% $231 4% 4% June Sold Price per Square Foot $214 -0% 2% 15% 8% $205 5% 3% June Month's Supply of Inventory 3.5 -8% -11% -11% -39% 4.8 -25% -16% June Sale Price vs List Price Ratio 93.8% 1.3% .1% 1.3% 1.0% 93.5% 0% 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales June Property sales were 54, down 12.9% from 62 in June of 2016 and 1.9% higher than the 53 sales last month. June 2017 sales were at their lowest level compared to June of 2016 and 2015. June YTD sales of 278 are running 5.3% ahead of last year's year-to-date sales of 264. 70 60 50 40 Number of Properties Sold 3 Mo Avg 30 20 10 Prices The Median Sales Price in June was $324,000, up 39.7% from $232,000 in June of 2016 and down 1.5% from $329,000 last month. The Average Sales Price in June was $360,579, up 21.4% from $296,945 in June of 2016 and down 1.6% from $366,452 last month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. 0 600 550 500 450 400 350 300 250 200 150 39 44 41 42 40 42 38 35 52 50 44 55 53 46 43 44 32 38 36 22 36 58 50 62 45 53 44 36 43 34 32 35 53 51 53 54 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 14 15 16 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 14 15 16 17 Inventory & MSI The Total Inventory of Properties available for sale as of June was 188, down 6.5% from 201 last month and down 22.3% from 242 in June of last year. June 2017 Inventory was at its lowest level compared with June of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2017 MSI of 3.5 months was at its lowest level compared with June of 2016 and 2015. 300 250 200 150 100 50 0 207 206 198 204 202 Total Inventory & Month's Supply of Inventory (MSI) 205 212 235 221 208 199 J A S O N D J F M A M J 14 15 192 176 161 166 166 176 196 218 252 277 260 249 242 236 212 197 192 202 205 214 225 210 225 201 188 J A S O N D J F M A M J 16 J A S O N D J F M A M J 17 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 c o l d w e l l b a n k e r h o m e s.c o m | 139 Market Action Report Agent Name Title Phone Agent Name Website Title Other June 2017 City: Cocoa Beach 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 $484,450 6% 22% Other $553,532 Trending 4% versus*: 15% Month LM L3M PYM LY $324,000 -2% 0% 40% $484,450 6% 22% $360,579 -2% 4% 21% $553,532 188 4% -6% 15% -22% $324,000 -2% 0% 40% -13% 22% 54 2% $360,579 -2% 4% 21% 13% 68 -29% -14% -18% 188 -6% -22% $225 -2% -3% -7% 54 2% -13% $214 -0% 2% 15% 68 -29% -14% -18% -7% 3.5 -8% -11% -11% $225 -2% -3% -7% 1% 93.8% 1.3% .1% 1.3% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Current Listings June Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) June Sales Price June Median Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sale Price vs List Price Ratio June Sold Price per Square Foot June Month's Supply of Inventory June 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 $297,500 $341,820 -7% 11% 278 10% 79 1% $231 278 5% 8% $205 79 11% -39% 4.8 $231 4% 1.0% 93.5% 5% 12% 11% 7% 4% 5% 8% -25% 4% 0% 8% 4% 3% -16% 1% 3 Mo Avg 70 June Property sales were 54, down 12.9% from 62 in June of 2016 and 1.9% higher than the 53 sales last month. June 2017 Property sales were Sales at their lowest level compared to June of 2016 and 70 June Property sales sales were of 54, 278 down from 62 in June of of last 2015. June YTD are 12.9% running 5.3% ahead 2016 and 1.9% higher sales than of the 264. 53 sales last month. June 2017 60 year's year-to-date Number of Properties Sold 60 3 Mo Avg 50 40 50 30 40 20 30 Prices The Median Sales Price in June was $324,000, up 39.7% from Prices $232,000 in June of 2016 and down 1.5% from $329,000 last The Median Sales Price Sales in June was in $324,000, 39.7% from month. The Average Price June was up $360,579, up 600 $232,000 in June of 2016 1.5% and from $329,000 last 21.4% from $296,945 š[ˆ[™’[™HÝۂ›Ùˆ Œ M‚™ÝۂŒK‰Hœ›ÛB›[۝ ‚•H\ݐ]™\˜YÙB”Ø[\”šXÙBš[ˆ[™B\]™[ ML‰ ͍‹ L‚›[۝ ‚’[™BŒŒ MTÔØ\Ø\È ÍŒ MÎK˜]HYÚ\ݍL ŒŒK B™œ›ÛH ŽM‹M B’[™H[™›Ùˆ Œ M‚˜[™Ýۈ K‰Hœ›ÛB˜ÛÛ\\™YÈ[™Hو[ˆ Œ M‚ŒŒ MK‚ L ŒÍLŒM ŒMBŒ ŒM‚ŒÈ[È]™ÂŒM“YYX[ˆØ[\ÈšXÙH[™]™\˜YÙHØ[\ÈšXÙBMLŒÍ‚’ˆHÈȈˆˆHHHˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHHH‚ŒMŒMBŒM‚ŒM’ˆHÈȈˆˆHHYYX[‚“HˆˆHØ[\”ÈȈšXÙB‘ˆˆ[™“HH]™\˜YÙB“HˆˆHØ[\”ÈȈšXÙB‘ˆˆHHH‚ŒŒŒLŒLŒŒ‰ ͍‹ Lˆ\Ý[۝ ˆ[™H Œ MÈTÔØ\È]HYÚ\Ý]™[˜ÛÛ\\™Yȝ[™Hو Œ Mˆ[™ Œ MK‚•™[™[™È™\œÝ\ʎ‚”š[܈U LIB”š[܈YX\ˆ L‰BŒŒ‰HU‰ ŽMË L ŒLÉB‰ Í K ŒŒL BÉB‰ ŒM L H ‰H MIH B‰ Œ BIBŒÉBŒËH N H LLIH LLIH LÎIB Ž LIB‹LM‰B“[X™\ˆوLˍIB”›Ü\Y\ŽLˎ H KŒÉH ŒIH KŒÉH KŒ BŒ HÛÛ IBŠˆOS\Ý[۝ È ÓOS\Ý È[۝È ÈSOTØ[YH[۝š[܈YX\ˆ ÈOS\ÝYX\ˆ Œ MŠH ÈUHYX\‹]ËY]BœØ[\ÈÙ\™H]Z\ˆÝÙ\Ý]™[ÛÛ\\™Yȝ[™Hو Œ Mˆ[™ŒŒ MKˆ[™HUØ[\Èو Î\™H[›š[™È KŒÉHZXYو\ÝžYX\‰ÜÈYX\‹]ËY]HØ[\Èو  ‚•™[™[™È™\œÝ\ʎ‚”š[܈Uš[܈YX\‚–U“X\šÙ]XÝ[ۈ™\ܝÛØÛØH™XXڐÚ]NˆÛØÛØH™XXÚ’[™H Œ MŒÈ[È]™ÂL  L ŒÍLŒÌ ŒÌ  LŒL Œ ŒŒ  ML’[™[ܞH ˆTÒBŒML•Ý[[™[ܞH ˆ[۝ ÜÈÝ\Hو[™[ܞH TÒJB•Ý[[™[ܞH ˆ[۝ ÜÈÝ\Hو[™[ܞH TÒJBŒMLHÛÛ\\˜]]™[HÝÙ\ˆTÒH\È[ܙH™[™YšXÚX[›ÜˆÙ[\œÈÚ[HH L HYÚ\‚˜ÛÛ\\˜]]™[B›ÝÙ\ˆTÒBš\È[ܙHB˜™[™YšXÚX[™›ÜˆÙ[\œÂ“TÒH\È™]\‚™›Üˆ^Y\œË‚’[™H Œ M“TÒHÚ[B›Ùˆ ˍHH L LšYÚ\‚“TÒBš\È™]\‚™›Üˆ^Y\œË‚’[™H Œ M›و ˍB›[۝Ø\˜]]ÈÝÙ\Ý›]™[B˜ÛÛ\\™YÚ]TÒB’[™B›Ùˆ Œ Mˆ[™ L›[۝ŒŒŒ MKˆØ\È]]ÈÝÙ\Ý]™[ÛÛ\\™YÚ][™Hو Œ Mˆ[™ŒŒ MK‚ŒŒM Œ•HÝ[[™[ܞB’[™[ܞB‰ˆTÒHو›Ü\Y\È]˜Z[X›H›ÜˆØ[H\Èو[™BŒÌ Ø\ÈÝ[ŒN [™[ܞB™Ýۈ ‹IB™œ›ÛH Œ H\Ý›[۝•B›Ùˆ›Ü\Y\˜]˜Z[X›B™›Üˆ[™œØ[HÝۂ˜\Èو Œ‹ŒÉB’[™Hœ›ÛBŒ ˆ N š[ˆ[™B›\Ýœ›ÛBžYX\‹ˆ Œ B’[™B’[™[ܞBØ\˜]]Èœ›ÛB›ÝÙ\Ý Ì  LØ\™Ýۈق‹IB›\Ý Œ M›[۝˜[™ÝۂŒŒ‹ŒÉBŒ ‚š[ˆÛÛ\\™Y’[™Hو\ÝÚ]žYX\‹ˆ[™B’[™Hو Œ MØ\È]]ÈÝÙ\Ý›]™[ŒŒ Mˆ[™[ܞB˜[™ Œ MK‚ŒLŒŒ ›]™[ÛÛ\\™YÚ][™Hو Œ Mˆ[™ Œ MK‚ŒŒ ’ˆHÈȈˆˆHHHˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHHH‚ŒMHHHˆˆHÈȈˆˆH M‚’ˆH M”ÈȈˆˆBHHˆˆHÈȈˆˆHH MÈH‚ŒMŒMBŒM‚ŒMŒM Œ L‹ŒŒL‹Œ L ŒŒMLŒL ŒŽ Œ‹Œ ŒŒ‹ŒŒ ŒŽ Œ‹Œ ŒŒ‹ŒŒ Œ’ˆHÈȈˆˆHHHˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHHH‚’ˆHÈȈˆˆHHHˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHHH‚ŒMŒMBŒM‚ŒMŒMŒMBÛÜ\šYÚ°ªHÛÛÙ[˜[šÙ\‚”™\ÚY[X[‘\Ý]B‹ÈÛÛÙ[˜[šÙ\‚•[š]Y ”™X[ܜ”šXÙH˜[™ÙN‚[›Ü\B•\\΂”Ñ’ HÛۂÛÜ\šYÚ°ªHÛÛÙ[˜[šÙ\‚”™\ÚY[X[”™X[™X[‘\Ý]B‹ÈÛÛÙ[˜[šÙ\‚•[š]Y ”™X[ܜŸšXÙH˜[™ÙN‚[›Ü\B•\\Έђ‹HÛۂŒM‚ŒM˜ÈÈÈ[ˆHˆÈ\ˆÈH\È ˆÈÈBŸ LÎB‘]Bœ›ÝšYY˜ÛÝ\\ÞB›ÙˆܙX]\‚“]Y\™[B”‘PSԔË”‘PSԂ\ÜÛØÚX][ۂ›ÙˆX\[‚“ZX[ZH\ÜÛØÚX][ۂ›Ùˆ‘PSԔË‘›ܚYHSË”™YÚ[ۘ[“Sː›Ø\™و‘PSԔË”‘PSԔÈو\ÜÛØÚX][ۂ›ÙˆH[B™XXÚ\Ë”ÜXÙHÛØ\ݐ\ÜÛ‘]Bš\È\œ›ÝšYY˜ÛÝ\\ÞB›ÙˆܙX]\‚‘›Ü›Ü“]Y\™[B”‘PSԔË”‘PSԂ\ÜÛØÚX][ۂ›ÙˆX\[‚ÛÝ[KÛÝ[K“ZX[ZH\ÜÛØÚX][ۂ›Ùˆ‘PSԔË“^H›ܚYH^B”™YÚ[ۘ[“˜\\\™XH˜\\›Ø\™\™XB›Ùˆ‘PSԔË”‘PSԔÈ\ÜÛØÚX][ۂH[H™XXÚ\Ë”ÜXÙBÛØ\Ý\ÜÛØÚX][ۂ›Ùˆ‘PS™Ù\Ø\œ˜[›ÜˆÝX\˜[YB˜XØÝ\˜XÞB›Ùˆ[™›Ü›X][ۋ‚\È[™›Ü›X][ۋ‚’]\È™\ÜۜÚXš[]BH™\ÜۜÚXš[]B˜[žH܈^Y\‚™\šYžB˜[™[[™›Ü›X][ۂÈÝXÚÛۜÝ[Y\¸ &\™\Ý]H˜[œØXÝ[ۋ‚™Ù\››Ý›ÝØ\œ˜[›ÜˆÝX\˜[YBHB˜XØÝ\˜XÞB›Ùˆ\’]\ÈB›Ùˆ[žHق˜^Y\‚œÙ[\ˆ܈ÈÙ[\‚™\šYžHÈ[žB˜[™[žB˜[[™›Ü›X][ۂœ™[]˜[È™[]˜[œÝXÚÛۜÝ[Y\¸ &\œ™X[\Ý]H™X[˜[œØXÝ[ۋ