FL ARCHIVED April 2018 | Page 140

Market Action Report April 2018
Community Information | School District
Market Action Report April 2018

City : Marco Island Price Range : All | Properties : SFH - Con

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
$ 710,000
-3%
2 %
Average List Price of all Current Listings
$ 1,058,614
1 %
3 %
April Median Sales Price
$ 525,000
-3%
-5% -17%
-5%
$ 552,500
-9%
0 %
April Average Sales Price
$ 884,733
36 %
15 %
19 %
19 %
$ 771,447
2 %
3 %
Total Properties Currently for Sale ( Inventory )
668
-6%
-16%
April Number of Properties Sold
87
10 %
-2%
268
-9%
April Average Days on Market ( Solds )
155
7 %
4 %
23 %
12 %
149
4 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 427
-5%
-3%
10 %
4 %
$ 439
10 %
7 %
April Sold Price per Square Foot
$ 394
7 %
3 %
3 %
5 %
$ 381
-1%
2 %
April Month ' s Supply of Inventory
7.7 -14% -20% -14% -38%
10.9
-4%
-12%
April Sale Price vs List Price Ratio
90.5 % -1.4% -. 3 %
. 2 %
. 0 %
90.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
120
April Property sales were 87 , down 2.2 % from 89 in April of
2017 and 10.1 % higher than the 79 sales last month . April 2018
Property sales were Sales at a mid level compared to April of 2017 and 2016 .
120
100
April Property YTD sales sales of were 268 are 87 , down running 2.29.2 % from % behind 89 April last year of ' s yearto-date and sales 10.1 % of higher 295 . than the 79 sales last month . April 2018
2017
100 sales were at a mid level compared to April of 2017 and 2016 .
80
April YTD sales of 268 are running 9.2 % behind last year ' s yearto-date sales of 295 .
80
60
60
40

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

40
Number of Properties Sold
20
0
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
0
15
16
17
18
M
J
Prices
15
The Median Sales Price in April was $ 525,000 , down 16.7 %
1,000
Prices from $ 630,000 in April of 2017 and down 2.8 % from $ 540,000
The last Median month Sales . The Price Average in April Sales was Price $ 525,000 in April , down was $ 16.7 884,733 % , up
1,000
900 from
19.3 $ % 630,000 from $ 741,850 in April of in 2017 April and of 2017 down and 2.8 up % from 35.6 % $ 540,000 from
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last
$ 652,334 month . last The month Average . April Sales 2018 Price ASP in April was was at the $ 884,733 highest , up level
19.3 compared % from $ to 741,850 April of in 2017 April and of 2017 2016 and . up 35.6 % from
900
800
$ 652,334 last month . April 2018 ASP was at the highest level
800
700
compared to April of 2017 and 2016 .
700
600
600
20
82 111 61 56 75 59 44 64 51 59 65 74 86 83 60 47 63 48 47 67 57 62 87 89 95 85 54 53 26 50 47 63 45 57 79 87
500
400
400
M
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
J
15
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F M A
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 668 , Inventory down 5.6 of % Properties from 708 last available month for and sale down as of 16.1 April % from was 796668 in , April down of 5.6 last % from year . 708 April last 2018 month Inventory and down was 16.1 at % its from lowest
900
796 level in compared April of last with year April . of 2018 2017 Inventory and 2016 was . at its lowest
800 level compared with April of 2017 and 2016 .
700
900
800
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25.0
30.0
25.0
20.0
600
500
20.0
500
15.0
400
15.0
A comparatively lower MSI is more beneficial for sellers while
400 a
300
10.0
A comparatively lower MSI is more beneficial for sellers while a
300
10.0 higher MSI is better for buyers . The April 2018 MSI of 7.7
200 higher MSI is better for buyers . The April 2018 MSI of 7.7
200
5.0 months was at its lowest level compared with April of 2017 and
100
5.0 months was at its lowest level compared with April of 2017 and
100
2016 .
0
0.0
2016 .
0
0.0
TORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association
M
J , Navarre
J A Area S OBoard Nof DREALTORS J
F M, Emerald A MCoast J Association J A S of OREALTORS N D , JPensacola F M Association A M J of JREALTORS A S Oand Nmay Dnot Jreflect
F all Mrelevant A real estate
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
15
16
17
18
15
16
17
18
642
500
601 82 642 579
111 601
537 61 56 75 59
550 579
570 537
550 640
570 684
44 64 51
640 781 684
803 830 781
802 803
59 830
65
753 716
Number of Properties Sold
74 86 83 60 47 63
802 679
753 672
716
690 717
679
672 779
690 784 717
48 779
801 828
47 784 816
67 801 796
57 828 733
62 816 711
87 796 683
89 95 85 54 53 26 50
3 Mo Avg
47
688 733 652 711
648 683
652 688
656 652
675 648 692 652 708 656
668 675
63 692
45 708
3 Mo Avg
57
668 79 87
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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 .
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