Florida Market Viewpoint April 2017 - Page 58

Market Action Report Longboat Key City: Longboat Key Agent Name Title Phone Agent Name Website Other Title April 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 $725,000 0% -11% Other $1,267,927 Trending 0% versus*: -2% Trending versus*: Month LM -7% L3M -5% PYM -8% LY -1% YTD Prior YTD 0% Prior Year 4% $635,000 $665,000 $725,000 0% 6% -5% -11% -35% -14% $861,513 $902,416 -18% -10% $1,267,927 405 0% -6% -2% 14% $635,000 -7% -5% -8% -34% -1% $665,000 0% -20% 4% 52 30% 149 $861,513 131 6% 16% -5% -35% -14% $902,416 -18% 0% 62% 14% 131 20% -10% 14% 405 -6% 14% $437 -10% -4% -14% -9% $454 -7% -5% 52 30% -34% 149 -20% $437 1% -2% -16% -5% $445 -5% -3% 131 16% 0% 62% 14% 131 20% 14% 7.8 -28% -33% 73% -25% 12.0 32% 16% $437 -10% -4% -14% -9% $454 -7% -5% 88.8% -3.7% -1.3% -5.1% -3.3% 90.0% -3% -2% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot $437 1% -2% -16% 7.8 -28% -33% 73% 88.8% -3.7% -1.3% -5.1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory April 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 Inventory & MSI 300 Median Sales Price and Average Sales Price 3 Mo Avg 17 3 Mo Avg 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 A S O N D J F M A Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 30.0 30.0 300 200 25.0 20.0 15.0 A comparatively lower MSI is more beneficial for sellers while 200 a 10.0 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 7.8 a 100 higher MSI is better for buyers. April 2017 MSI of 7.8 100 months was at its highest level The compared with April of 2016 and 5.0 months 0 2015. was at its highest level compared with April of 2016 and 0 0.0 2015. 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 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 A S O N D J F M A 14 15 16 17 14 15 16 17 58 | c 31 29 16 level compared with April of 2016 and 2015. 15 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 The Total Inventory Inventory & MSI of Properties available for sale as of April 500 was Total 405, Inventory down 6.5% from 433 last month from The of Properties available for and sale up as 13.8% of April 500 356 405, in April last from year. 433 April Inventory was at from its highest was down of 6.5% last 2017 month and up 13.8% 400 356 in compared April of last with year. April April of 2017 was at its highest level 2016 Inventory and 2015. 400 14 The Median Sales Price in April was $635,000, down 8.0% from 1,400 Prices $690,000 in April of 2016 and down 7.0% from $682,500 last 1,300 The Median Sales Price Sales ɥ)݅́(԰(ɽ)Ѡ)Q)ٕɅ)Aɥ)ɥ݅́ݸ(Ḭ̇)ݸ(İİ()ɥ)؁)ݸ(ܸ)ɽ(Ȱ)(ԸĔɽ(İܰ)ɥ)(Ըܔɽ(İİ)Ѡ)Q)ٕɅ)M)Aɥ)ɥ)ݸ(԰)Ѡ)ɥ()M@݅)݅̀Ḭ̇)Ёѡݕ)ٕ(İİ(ԸĔ)ɽİܰ)ɥ)Ը(؁Ըܔɽ)ɕ)Ѽɥ)(İ(԰ԁЁѠɥ܁M@݅́ЁѡݕЁٕ((İ)ɕѼɥ؁Ը((((((((()4((L<8(44((L<8(44((L<8(4(((()4((L<8(5)44(M)(LAɥ)<8)(ٕɅ)44(M)(LAɥ)<8(4)Aɥ(((((((((((́5ٜ((((́5ٜ)9յȁAɽѥ́M((((Ԕ((Ԕ(̔(Ԕ(ȸ(Ȕ(ؔ)9յȁ)Aɽѥ(̸̔(̔MȔ()ɥAɽ́ͅݕɔȰݸиȔɽ䁥ɥ(؁ȁѡѡ́ͅЁѠɥ)Aɽ)́ͅݕɔM)ЁѡȁݕЁٕɕѼɥ؁)ɥ)Aɽ)́ͅͅ)ݕɔ(Ȱ)ݸ)ɽ(䁥)ɥ(Ը)ɥeQ)ɔиȔ)չ(()()ѡ(́ͅЁѠɥ܀)啅ȝ)啅ȵѼє)ͅ)ѡ(ظ)́ͅݕɔЁѡȁݕЁٕɕѼɥ؁(ԸɥeQ́ͅ䁅ɔչ䔁)啅ȝ́啅ȵѼє́ͅظ)Qɕ̨ٕ)AɥȁeQAɥȁe)eQ)5ɭЁѥI) 1Ё-)ɥ() ɥ+ ݕ) ȁIͥѥ)Iхє( ݕ )Uѕ)Iѽ́I)AɥI)Aɽ)Q)M ) ɥ+ ݕ) ) ݕ)Iѽ)Aɽ)QM ( ))Iͥѥ)܁I)хє))ȁ )Uѕ))Aɥ)(Ը((Ը((Ը()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