FL ARCHIVED August 2017 | Page 137

Market Action Report August 2017
Community Information | School District
Market Action Report August 2017

City : Cocoa Beach

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
$ 442,500
-1%
8 %
Average List Price of all Current Listings
$ 523,519
2 %
8 %
August Median Sales Price
$ 288,500
1 %
-4%
7 %
9 %
$ 295,000
9 %
11 %
August Average Sales Price
$ 311,400
-7% -10% -2%
-2%
$ 336,988
6 %
6 %
Total Properties Currently for Sale ( Inventory )
180
-8%
-16%
August Number of Properties Sold
44
-6%
-17%
370
2 %
August Average Days on Market ( Solds )
77
-5%
-4%
7 %
5 %
79
11 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 235
2 %
3 %
10 %
6 %
$ 230
4 %
4 %
August Sold Price per Square Foot
$ 210
8 %
0 %
7 %
5 %
$ 204
4 %
3 %
August Month ' s Supply of Inventory
4.1
-2%
4 %
1 %
-29%
4.7
-21%
-17%
August Sale Price vs List Price Ratio
93.0 %
. 1 %
-. 1 % 2.0 %
. 1 %
93.4 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales August Property sales were 44 , down 17.0 % from 53 in August of
2016 and 6.4 % lower than the 47 sales last month . August 2017 Property sales were Sales at their lowest level compared to August of 2016 and 70
August 2015 . Property August YTD sales sales were of 44370 , down are 17.0 running % from 2.253 % in ahead August of of last 2016 year and ' s year-to-date 6.4 % lower sales than the of 362 47 sales . last month . August 2017 60 sales were at their lowest level compared to August of 2016 and 2015 . August YTD sales of 370 are running 2.2 % ahead of last 50 year ' s year-to-date sales of 362 .
40

Cocoa Agent Beach

Name
Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
41 42 40 42 38 35
Number of Properties Sold
10
0
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in August was $ 288,500 , up 7.2 % from
600
Prices
$ 269,000 in August of 2016 and up 1.2 % from $ 285,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in August Price was in August $ 288,500 was , up $ 311,400 7.2 % from , down
550
600
$
2.3 269,000 % from in $ August 318,711 of in 2016 August and of up 2016 1.2 % and from down $ 285,000 7.4 % last from
500 month . The Average Sales Price in August $ 311,400 , down
550
$ 336,260 last month . August 2017 ASP was at a mid range
450
2.3 compared % from $ to 318,711 August in August of 2016 of and 2016 2015 and . down 7.4 % from
500
400
$ 336,260 last month . August 2017 ASP was at a mid range
450 compared to August of 2016 and 2015 .
350
400
3 Mo Avg
350
300
300
250
250
200
200
150
150
S
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
O
14 N D
J
F
15 M A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17 M J
J
A
J
A
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 180 , Inventory down 8.2 of % Properties from 196 last available month for and sale down as of 16.3 August % from was 215180 in , August down 8.2 of % last from year 196 . August last month 2017 and Inventory down 16.3 was % from at a mid
300
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
215 level in August compared of last with year August . August of 2016 2017 and Inventory 2015 . was at a mid
250 level compared with August of 2016 and 2015 .
200
150
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The August 2017 MSI of 4.1 higher months MSI was is better at its highest for buyers level . The compared August 2017 with MSI August of 4.1 of 2016
50 months and 2015 was
. at its highest level compared with August of 2016 and 2015 .
0
12.0
200
10.0
150
8.0
100
6.0
4.0
50
2.0
0
0.0
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 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
14
15
16
17
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
52 50 44 55
41 42 40 42 38 35 52 50 44 55 53 46 43 44 32 38 36 22 36 58 50 62 45 53 44 36 43 34 32 35 53 51 53 55 47 44
198 204
202 198
205 204
212 202
205 235
221 212
208 235
199 221 192 208
176
199 192
176
166 161 176 166 196 166 218 176 252
196 277
218 260
250 252
243 277
238 260
215 250
199 243
194 238
204 215
209 199 217
194 231 204
217 209 235 217
214 231
195 217
196 235
180 214
161
166 53 46
Number of Properties Sold
43 44 32 38 36 22 36 58 50 62 45 53 44 36 43 34 32 35
3 Mo Avg
53 51
195 53
196
3 Mo Avg
55
180 47 44
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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