FL ARCHIVED August 2017 | Page 71

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

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
$ 749,900
3 %
3 %
Average List Price of all Current Listings
$ 1,082,240
1 %
-4%
August Median Sales Price
$ 517,500
3 %
-4% -13%
-6%
$ 562,500
4 %
2 %
August Average Sales Price
$ 638,265
-1%
-8% -25% -13%
$ 726,481
1 %
-1%
Total Properties Currently for Sale ( Inventory )
625
-3%
-6%
August Number of Properties Sold
53
0 %
13 %
580
11 %
August Average Days on Market ( Solds )
118
0 %
2 %
-16%
-9%
130
7 %
0 %
Asking Price per Square Foot ( based on New Listings )
$ 427
0 %
1 %
7 %
3 %
$ 411
0 %
0 %
August Sold Price per Square Foot
$ 334
-2%
-6% -10% -11%
$ 370
-2%
-2%
August Month ' s Supply of Inventory
11.8
-3%
11 % -17%
-5%
10.5
-11%
-15%
August Sale Price vs List Price Ratio
91.7 %
2.1 % 1.3 % 3.7 % 1.1 %
90.6 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
August Property sales were 53 , up 12.8 % from 47 in August of
2016 and the same as the 53 sales last month . August 2017
Property sales were Sales at a mid level compared to August of 2016 and
2015120 .
100
August Property YTD sales sales of were 580 are 53 , up running 12.8 % 10.7 from % 47 ahead in August of last of year ' s
2016 year-to-date and the same sales as of the 52453 . sales last month . August 2017
100 sales were at a mid level compared to August of 2016 and 2015 .
80
August YTD sales of 580 are running 10.7 % ahead of last year ' s year-to-date sales of 524 .
80
60
60
40

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

40
Number of Properties Sold
20
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
Prices
The Median Sales Price in August was $ 517,500 , down 13.0 %
Prices from $ 595,000 in August of 2016 and up 3.5 % from $ 500,000
The last Median month Sales . The Price Average in August Sales Price was $ 517,500 in August , down was 13.0 $ 638,265 % ,
900 from down $ 595,000 24.9 % from in August $ 849,863 of 2016 in August and up 3.5 of 2016 % from and $ 500,000 down 1.3 % last month . The Average Sales Price in August was $ 638,265 ,
850 from $ 646,814 last month . August 2017 ASP was at a mid range down 24.9 % from $ 849,863 in August of 2016 and down 1.3 %
800 compared to August of 2016 and 2015 . from $ 646,814 last month . August 2017 ASP was at a mid range
750 compared to August of 2016 and 2015 .
700
650
600
550
500
450
S
O N D
J
F M A M
Median J
J A S OSales N D JPrice F M Aand M JAverage
J
A S O Sales N D
J Price
F M A M J
J
A
14
15
16
17
900
Median Sales Price and Average Sales Price
850
3 Mo Avg
800
750
700
650
600
550
500
450
400
3 Mo Avg
400
Inventory & MSI
Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 625 , Inventory down 2.6 of % Properties from 642 last available month for and sale down as of 6.0 August % from was 665625 in , August down 2.6 of % last from year 642 . August last month 2017 and Inventory down 6.0 was % from at a mid
900
665 level in compared August of last with year August . August of 2016 2017 and Inventory 2015 . was at a mid
800
900
800
700
level compared with August of 2016 and 2015 .
700
600
600
500
500
400
A comparatively lower MSI is more beneficial for sellers while
400 a
A comparatively lower MSI is more beneficial for sellers while a
300 higher MSI is better for buyers . The August 2017 MSI of 11.8 higher MSI is better for buyers . The August 2017 MSI of 11.8
200 months was at a mid level compared with August of 2016 and months was at a mid level compared with August of 2016 and
100
2015 .
2015 .
0
300
200
100
0
S
O N D J
F M A M J
S
O N D J
F M A J
14
15
14
15
20
62 63 40 65 46 73 86 92 82 111 61 56 75 59 43 64 51 59 64 74 86 83 60 47 63 48 47 67 57 62 87 89 95 84 53 53
S 14
546
62 63
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
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
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
588
608 546
637 588 40 65 46 73 86 92 82
660 608
678 637
670 660
648 678
639 670 597 648
575
639 597
111
532 545
61
575 566 532 634 545 679 566
775 634 797
679 824
795 775
746 797
710 824
673 795
665 746
682 710
708 673
665 770
682 775 790
708 814 770
797 775
771 790
705 814
680 797
642 771
625 705
J A S O N D J F M A M J F M A M J 16
J A S O N D J 16
Number of Properties Sold
56 75 59 43 64 51 59 64 74 86 83 60 47 63
J A S O N D J
17
48 47 67 57 62
3 Mo Avg
87 89 95
18.0 16.0 14.0
680
642
12.0 10.0 8.0 6.0 4.0 2.0 0.0
84 625
J A S O N D J F M A M J J A F M A M J J A
17
3 Mo Avg
53 53
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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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