FL ARCHIVED June 2017 - Page 151

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 $420,000 0% 4% Average List Price of all Current Listings $851,815 4% 15% June Median Sales Price $315,000 5% 7% 15% 15% $285,000 3% 4% June Average Sales Price $401,958 -9% -5% -5% 6% $409,184 6% 8% Total Properties Currently for Sale (Inventory) 1,699 -3% -9% June Number of Properties Sold 407 -12% -6% 2,230 1% June Average Days on Market (Solds) 92 2% 2% -2% 3% 90 -2% 1% Asking Price per Square Foot (based on New Listings) $207 2% 4% 14% 7% $204 7% 5% June Sold Price per Square Foot $175 -0% -1% 5% 7% $173 6% 5% June Month's Supply of Inventory 4.2 10% -3% -3% -30% 5.5 -3% -8% June Sale Price vs List Price Ratio 92.0% -.4% -.4% .1% -.9% 92.5% 0% -0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Martin County Community Information | School District Property Sales June Property sales were 407, down 6.0% from 433 in June of 2016 and 11.9% lower than the 462 sales last month. June 2017 sales were at their lowest level compared to June of 2016 and 2015. June YTD sales of 2,230 are running 0.8% ahead of last year's year-to-date sales of 2,213. Prices The Median Sales Price in June was $315,000, up 14.5% from $275,000 in June of 2016 and up 4.7% from $301,000 last month. The Average Sales Price in June was $401,958, down 4.8% from $422,333 in June of 2016 and down 8.9% from $441,388 last month. June 2017 ASP was at a mid range compared to June of 2016 and 2015. 500 450 400 350 300 250 200 150 100 50 0 500 450 400 350 300 250 200 Number of Properties Sold 3 Mo Avg 347 353 333 306 269 347 281 308 393 404 435 469 368 326 324 331 272 317 265 299 382 413 421 433 375 319 320 262 250 316 246 317 412 386 462 407 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 1,699, down 3.2% from 1,756 last month and down 9.3% from 1,873 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 4.2 months was at a mid level compared with June of 2016 and 2015. 2,500 2,000 1,500 1,000 500 0 Total Inventory & Month's Supply of Inventory (MSI) 2,319 2,258 2,227 2,252 2,228 2,169 2,242 2,260 2,143 2,062 1,925 1,861 1,839 1,792 1,804 1,914 1,895 1,852 2,017 2,091 2,063 2,060 1,966 1,873 1,878 1,840 1,864 1,922 1,955 1,932 2,079 2,084 2,043 1,925 1,756 1,699 J A S O N D J F M A M J 14 15 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 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 c o l d w e l l b a n k e r h o m e s.c o m | 151 Market Action Report County: Martin Martin County Agent Name Market Action Report County: Martin June 2017 Title Phone Agent Name Website Title Other June 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 $420,000 0% 4% Other $851,815 Trending 4% versus*: 15% Month LM 5% L3M 7% PYM 15% LY $315,000 $420,000 0% 4% $401,958 -9% -5% -5% $851,815 1,699 4% -3% 15% -9% $315,000 407 5% -12% 7% 15% -6% 15% $401,958 -9% -5% -5% 6% 92 2% 2% -2% 1,699 -3% -9% $207 2% 4% 14% 407 -12% -6% $175 -0% -1% 5% 92 2% 2% -2% 3% 4.2 10% -3% -3% $207 2% 4% 14% 7% 92.0% -.4% -.4% .1% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Curre \Ý[™Ü’[™H]™\˜YÙHØ[\ÈšXÙB]™\˜YÙB“\ÝšXÙHق˜[Ý\œ™[•Ý[›Ü\Y\Ý\œ™[B™›Üˆ\Ý[™Ü”Ø[H [™[ܞJB’[™B”Ø[\”šXÙB’[™HYYX[‚“[X™\‚›Ùˆ›Ü\Y\”ÛÛ’[™H]™\˜YÙHØ[\ÈšXÙB’[™H]™\˜YÙH^\ÈۈX\šÙ] ÛÛÊB•Ý[›Ü\Y\ÈÝ\œ™[H›ÜˆØ[H [™[ܞJB\ÚÚ[™ÈšXÙH\ˆÜ]X\™H›ÛÝ ˜\ÙYۈ™]È\Ý[™ÜÊB’[™H[X™\ˆو›Ü\Y\ÈÛÛ’[™HÛÛšXÙH\ˆÜ]X\™H›ÛÝ’[™H]™\˜YÙH^\ÈۈX\šÙ] ÛÛÊB’[™H[۝ ÜÈÝ\Hو[™[ܞB\ÚÚ[™ÈšXÙH\ˆÜ]X\™H›ÛÝ ˜\ÙYۈ™]È\Ý[™ÜÊB’[™HØ[HšXÙHœÈ\ÝšXÙH˜][’[™HÛÛšXÙH\ˆÜ]X\™H›ÛÝ•™[™[™È™\œÝ\ʎ‚”š[܈U ÉB”š[܈YX\ˆ BŒMIHU‰ Ž K ‰B‰ K N ‰BŽ B‰ Ž K  ‹ ŒÌŒÉB‰ K N 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