FL ARCHIVED December 2017 | Page 149

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

County : Martin

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
$ 439,000
2 %
7 %
Average List Price of all Current Listings
$ 955,910
1 %
18 %
December Median Sales Price
$ 292,500
-4%
-3%
8 %
6 %
$ 295,000
7 %
7 %
December Average Sales Price
$ 415,782
1 %
6 %
0 %
9 %
$ 404,975
6 %
7 %
Total Properties Currently for Sale ( Inventory )
1,663
-3%
-17%
December Number of Properties Sold
290
-3%
-9%
4,289
6 %
December Average Days on Market ( Solds )
78
4 %
-3%
1 %
-5%
82
0 %
0 %
Asking Price per Square Foot ( based on New Listings )
$ 245
10 %
10 %
10 %
25 %
$ 206
6 %
5 %
December Sold Price per Square Foot
$ 181
4 %
5 %
6 %
11 %
$ 173
6 %
5 %
December Month ' s Supply of Inventory
5.7
0 %
-2%
-9%
-4%
5.6
-7%
-7%
December Sale Price vs List Price Ratio
92.6 %
-. 3 %
-. 3 %
. 1 %
-. 2 %
92.7 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
December Property sales were 290 , down 8.8 % from 318 in
December of 2016 and 3.0 % lower than the 299 sales last
Property month . December Sales 2017 sales were at their lowest level
500
450
400
December compared Property to December sales were of 2016 290 , and down 2015 8.8 .% December from 318 in YTD sales
450
December of 4,289 are of 2016 running and 3.0 5.6 % lower ahead than of last the year 299 ' sales s year-to-date last sales month . December 2017 sales were at their lowest level
400 of 4,061 . compared to December of 2016 and 2015 . December YTD sales
350
350
300
250
of 4,289 are running 5.6 % ahead of last year ' s year-to-date sales
300
200
of 4,061 .
250
150

Martin Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
Number of Properties Sold
150
50
100
0
50
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
0
15
16
17
Prices
The Median Sales Price in December was $ 292,500 , up 8.3 %
Prices from $ 270,000 in December of 2016 and down 4.1 % from
The
$ 305,000 Median last Sales month Price . in The December Average was Sales $ 292,500 Price in , up December 8.3 % was
500 from
$ 415,782 $ 270,000 , up 0.1 in December % from $ 415,538 of 2016 in and December down 4.1 % of from 2016 and up
J
F M A M J
15
500
450
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$
1.3 305,000 % from last $ 410,379 month . last The month Average . Sales December Price in 2017 December ASP was was at the
450
$ highest 415,782 , level up 0.1 compared % from $ 415,538 to December in December of 2016 of and 2016 2015 and . up
400
1.3 % from $ 410,379 last month . December 2017 ASP was at the
400
350
highest level compared to December of 2016 and 2015 .
350
300
300 250
281 308 393 404 436
281 308 393 404 436 469 368 326 324 331 272 319 265 299 384 413 421 433 375 319 321 262 251 318 247 327 417 391 476 463 412 437 252 278 299 290
250
200
200
J
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
15
16
17
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
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
The
December Total Inventory was 1,663 of , Properties down 2.6 % available from 1,708 for sale last as month of and
2,500
December down 16.6 was % from 1,6631,995 , down in 2.6 December % from 1,708 of last last year month . December and
2,500
2,000 down 201716.6 Inventory % from was 1,995 at in its December lowest level of last compared year . December with December
2,000
2017 of 2016 Inventory and 2015 was . at its lowest level compared with December
1,500 of 2016 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
4.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 5.7
500
2.0
higher months MSI was is better at a mid for level buyers compared . The December with December 2017 MSI of of 2016 5.7 months and 2015 was . at a mid level compared with December of 2016 and 2015 .
500
0
2.0
0
0.0
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 M J
J A S O N D
15
16
17
15
16
17
0.0
2,178 2,171 2,083 1,999 1,892 1,794 1,781 469 368
2,178 2,171 2,083 1,999 1,892 1,794 1,781 326 324 331 272
1,738 1,755 1,876 1,857
Number of Properties Sold
319 265 299 384 413 421 433 375 319
1,825 1,966 1,997 2,004 1,971 1,936 1,859 1,873 1,841 1,872
1,738 1,755 1,876 1,857 1,825 1,966 1,997 2,004 1,971 1,936 1,859 1,873 1,841 1,872 1,946 2,017 1,995 321 262 251 318 247 327 417 391 476 463
1,946 2,017 1,995 2,148 2,146 2,118 2,062 1,994 1,950 1,865
2,148 2,146 2,118 2,062 1,994 1,950 1,865 1,752 1,659 1,681 1,708
3 Mo Avg
412 1,663
437 252 278
1,752 1,659 1,681 1,708 1,663
3 Mo Avg
299
290
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 Assoc 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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