FL ARCHIVED May 2018 | Page 152

Market Action Report
May 2018
County: Martin
MARTIN
COUNTY
Agent Name
Title
Phone
Website
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
350
300
250
198
200
150
114
113
50
0
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
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
800
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
700
more normalized indicator on the direction of Property values.
The May 2018 Selling Price per Square Foot of $401 was down
21.4% from $510 last month and down 19.3% from 497 in May of 600
last year.
500
3 Mo Avg
497
401
391
400
Trending versus*:
$2,249,123 8% Trending versus*:
-3%
Month -23%
LM L3M
LY
YTD
Prior
Year
$1,547,500
7% PYM
15% -6%
$1,450,000
0% YTD Prior
-12%
$1,750,000
3% -2% -12%
$1,763,438 -21%
-5% -20% $1,833,153
-11%
-17%
$2,249,123
8%
-3%
118 -19%
-6%
$1,547,500
-23%
7%
15%
0%
-12%
16 7%
129% -6% $1,450,000
67
31%
May
Average
Sales
Price
$1,763,438
-21%
-2%
-5%
-20%
$1,833,153
-11%
-17%
May Average Days on Market (Solds)
200 376% 59% 150% 44%
128 -20%
-8%
Total
Properties
Currently
for
Sale
(Inventory)
118
-19%
-6%
Asking Price per Square Foot (based on New Listings)
$548 19% 2% 9% 5%
$537
6%
3%
May
of Properties
16 -27%
7% -12% 129%
67
31%
May Number
Sold Price
per Square Sold
Foot
$400
3% -13%
$448
4%
-2%
May
on of
Market
(Solds)
200
59% 150%
44%
128 -11%
-20%
-8%
May Average
Month's Days
Supply
Inventory
7.4 376%
-24% -10%
-59% -63%
18.8
-6%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$548
19%
2%
9%
5%
$537
6%
3%
May Sale Price vs List Price Ratio
83.7% -10.0% -6.2% -1.4% -6.1%
89.3%
2%
0%
May
Sold
Price
per 3 Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date $400 -27% -12% 3% -13%
$448
4%
-2%
* LM=Last
Month
/ L3M=Last
Months / PYM=Same
May Month's Supply of Inventory
7.4 -24% -10% -59%
-63% of Properties
18.8 Sold
-11%
-6%
Number
May
Sale Price
vs List Price Ratio
83.7% -10.0% -6.2% -1.4% -6.1%
89.3%
2%
0%
Property
Sales
30
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
May Property sales were 16, up 128.6% from 7 in May of 2017
and 6.7% higher than the 15 sales last month. May 2018 sales
25
were at their highest level compared to May of 2017 and 2016.
Property
Sales
May YTD sales
of 67 are running 31.4% ahead of last year's year- 30
20
May
Property
sales
to-date
sales of
51. were 16, up 128.6% from 7 in May of 2017
and 6.7% higher than the 15 sales last month. May 2018 sales
25
15
were at their highest level compared to May of 2017 and 2016.
May YTD sales of 67 are running 31.4% ahead of last year's year-
20
10
to-date sales of 51.
Number of Properties Sold
3 Mo Avg
Inventory / New Listings / Sales
Inventory / New Listings / Sales
300
Inventory & MSI
150
100
50
0
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
The Total Inventory of Properties available for sale as of May
was 118, down 19.2% from 146 last month and down 6.3% from
126 in May of last year. May 2018 Inventory was at a mid level
Inventory
& MSI
compared with
May of 2017 and 2016.
The Total Inventory of Properties available for sale as of May
was 118, down 19.2% from 146 last month and down 6.3% from
126 in May of last year. May 2018 Inventory was at a mid level
A comparatively
lower
MSI and
is more
beneficial for sellers while a
compared
with May
of 2017
2016.
higher MSI is better for buyers. The May 2018 MSI of 7.4
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 7.4
months was at its lowest level compared with May of 2017 and
2016.
3 Mo Avg
Median Sales Price and Average Sales Price
3,600
3 Mo Avg
3,100
4,100
2,600
3,600
2,100
3,100
1,600
2,600
1,100
2,100
1,600
400
350
Median Sales Price and Average Sales Price
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
4,100 15
16
17
18
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
1,100
180
160
140
120
180
100
160
80
140
60
120
40
100
20
80 0
60
40
20
0
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
70.0
60.0
Total Inventory & Month's Supply of Inventory (MSI)
50.0
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
0
Prices
The Median Sales Price in May was $1,547,500, up 14.6% from
$1,350,000 in May of 2017 and down 22.6% from $2,000,000
last month. The Average Sales Price in May was $1,763,438,
Prices
down 4.8% from $1,852,857 in May of 2017 and down 20.6%
The
Median
Sales last
Price
in May May
was 2018
$1,547,500,
up at 14.6%
from
$2,219,667
month.
ASP was
a mid from
range
$1,350,000
in May
May of
of 2017
2017 and
and 2016.
down 22.6% from $2,000,000
compared to
last month. The Average Sales Price in May was $1,763,438,
down 4.8% from $1,852,857 in May of 2017 and down 20.6%
from $2,219,667 last month. May 2018 ASP was at a mid range
compared to May of 2017 and 2016.
40.0
70.0
30.0
60.0
20.0
50.0
84.9%
85.6%
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
87.9%
5
3 Mo Avg
Avg Sel ling Price divided by Avg Listing Price for sold properties during the month
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
10
0
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
200
3 Mo Avg
15
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
250
Trending versus*:
Prior YTD Prior Year
YTD
Average List Price of all Current Listings
Market
Profile
& Price
Trends Overview
May Median
Sales
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May
Median Sales Price
May Number of Properties Sold
300
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in May 2018 was 37, down 19.6% from 46 last month and down
26.0% from 50 in May of last year.
May 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other 3%
$1,750,000
-12%
3 Mo Avg
100
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The May 2018 Selling Price vs Original List
Price of 84.9% was down from 90.0% last month and down from
85.6% in May of last year.
Agent Name
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for May was 198, up 70.7% from 116
days last month and up 73.7% from 114 days in May of last year.
The May 2018 DOM was at a mid level compared with May of
2017 and 2016.
City: Stuart
STUART
Market Action Report
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
May 2018
City: Stuart Information | School District
Community
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Action Report
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
10.0
40.0
0.0
30.0
20.0
10.0
0.0
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 REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant real estate ac
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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.
15
16
17
18
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 REAL
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.
152 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury ® | 153
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.