FL ARCHIVED May 2018 | Page 140

Market Action Report May 2018

MARCO City : Marco Island ISLAND

Market Action Report May 2018
Title
Agent
Phone Name
Community

City : Marco Island Information | School

DistrictWebsite
Title
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Other
Phone
Trending versus *:
Market Profile & Trends Overview
Month
WebsiteLM
L3M
PYM
LY
YTD
Trending versus *:
Prior YTD
Prior Year
Price
Median Range : $ 1,000,000 List Price and Up of | Properties all Current : SFH - Con Listings
$ 1,795,000
Other
0 %
12 %
Average List Price of all Current Listings
$ 2,262,916
1 %
Trending versus
3 % *:
Trending versus *:
May Median Sales Price
$ 1,875,000
29 %
29 %
16 %
34 % 1,795,000
May Average Sales Price $ 2,225,882 -2%
15 %
15 %
25 %
$ 2,262,916
Total Properties Currently for Sale ( Inventory )
190 -4% -14%
$ 1,875,000
May Number of Properties Sold 17 -15%
6 %
May Average Days on Market ( Solds )
$ 2,225,882
207
2 %
16 %
63 %
4 %
Asking Price per Square Foot ( based on New Listings )
$ 591 190 -2% 0 % -1%
5 %
May Sold Price per Square Foot
$ 638
17
9 %
12 %
25 %
26 %
May Month ' s Supply of Inventory
11.2
207 13 % -12% -19% -58%
May Sale Price vs List Price Ratio
86.1
$ 591% -. 6 % -2.1% -4.1% -2.2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
$ 638
$ 1,500,000
$ 1,905,159
$ 1,500,000
73
$ 1,905,159
194
$ 600
$ 560
73
14.2
194
87.6
$ 600%
$ 560
12 %
19 %
-16%
5 %
11 %
13 % -1% -1%
7 %
7 %
-3%
7 %
11 % -46% -0%
Property Sales
25
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
May Property sales were 17 , up 6.3 % from 16 in May of 2017 and
11.2
86.1 %
Number of Properties
14.2 Sold
87.6 %
3 Mo Avg
15.0 % lower than the 20 sales last month . May 2018 sales were at their highest level compared to May of 2017 and 2016 . May
Property
YTD sales of Sales 73 are running 16.1 % behind last year ' s year-todate Property sales of 87 sales . were 17 , up 6.3 % from 16 in May of 2017 and
May
15.0 % lower than the 20 sales last month . May 2018 sales were
20
25
15
Number of Properties Sold
3 Mo Avg
at their highest level compared to May of 2017 and 2016 . May
20
YTD sales of 73 are running 16.1 % behind last year ' s year-todate
10
sales of 87 .
15
5
10
0
5
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 A M
15
16
17
18
Prices
The Median Sales Price in May was $ 1,875,000 , up 16.3 % from
$ 1,612,500 in May of 2017 and up 29.3 % from $ 1,450,000 last
0
J
3,10015
J
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
16
17
18
month . The Average Sales Price in May was $ 2,225,882 , up
Prices
15.1 % from $ 1,934,656 in May of 2017 and down 2.2 % from
The
$ 2,276,000 Median Sales last month Price in . May 2018 was $ ASP 1,875,000 was at , the up highest 16.3 % from level
2,600
Median Sales Price and Average Sales Price
3 Mo Avg
$ compared 1,612,500 to in May of 2017 and 2016 up 29.3 . % from $ 1,450,000 last
3,100
month . The Average Sales Price in May was $ 2,225,882 , up
15.1 % from $ 1,934,656 in May of 2017 and down 2.2 % from
$ 2,276,000 last month . May 2018 ASP was at the highest level
2,100
2,600
compared to May of 2017 and 2016 .
1,600
2,100
1,600
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
16
16 12 7 12 8 5 9 8 13
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 Association of REA 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 .
7 10 17 20 8 8 7 13 9 9 21 14 16 20 16 14 7 4 3 5 9 14 13 11 12 20 17
Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of May was 190 , down 4.0 % from 198 last month and down 13.6 % from
1,100
350
J
15
J
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
16
17
18
80.0
220 in May of last year . May 2018 Inventory was at its lowest
300
70.0
Inventory level compared & MSI with May of 2017 and 2016 .
The Total Inventory of Properties available for sale as of May was 190 , down 4.0 % from 198 last month and down 13.6 % from
220 in May of last year . May 2018 Inventory was at its lowest level
A comparatively compared with lower May MSI of 2017 is more and beneficial 2016 . for sellers while a higher MSI is better for buyers . The May 2018 MSI of 11.2 months was at its lowest level compared with May of 2017 and
2016 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2018 MSI of 11.2 months was at its lowest level compared with May of 2017 and
250
350
200
300
150
250
100
200
50
1500
100
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
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 A M
15
16
17
18
60.0 50.0
40.0 80.0
30.0 70.0
20.0 60.0
10.0 50.0
0.0 40.0
30.0
20.0
10.0
2016 .
0
0.0
J
J A S O N D J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15
16
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional
J A S O N D J
F M A M J
17 MLS , Naples Area Board of REALTORS , REALTORS
J A S O N D J
F M A M
18 Association of the Palm Beaches , Space
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 .
204 12 198
7 191
Agent Name
1,100
204
12 193
8 191
5 221
9 225
8 253
13 265
7 291
10
267 17
251 20
233
8 8 7 13 9 9
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 A M
15
16
17
18
198
191 193 191 221 225 253 265
291 267 251 233 226 226 228 235 253 250 251
21 259
14 250
16 240
20 220
16 208
226 226 228 235 253 250 251 259 250 240 220 208 210 214 211 199 199 195 197 195 206 198 190
14 210
7 214
Coldwell Banker Global Luxury ® | 71
4 211
3
199 5
199 9
195 197
14 195
13 206
11 198
12
190 20 17