FL ARCHIVED January 2018 | Page 137

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

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
$ 415,000
-3%
-5%
Average List Price of all Current Listings
$ 507,032
-4%
1 %
January Median Sales Price
$ 280,000
1 %
-3%
30 %
-3%
$ 280,000
30 %
-3%
January Average Sales Price
$ 344,752
5 %
-5%
52 %
1 %
$ 344,752
52 %
1 %
Total Properties Currently for Sale ( Inventory )
197
23 %
-5%
January Number of Properties Sold
31 -14%
-3%
31
-3%
January Average Days on Market ( Solds )
80
25 %
7 %
0 %
3 %
80
0 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 253
2 %
1 %
15 %
8 %
$ 253
15 %
8 %
January Sold Price per Square Foot
$ 216
2 %
0 %
29 %
4 %
$ 216
29 %
4 %
January Month ' s Supply of Inventory
6.4
43 %
24 %
-2%
37 %
6.4
-2%
37 %
January Sale Price vs List Price Ratio
94.2 %
1.4 % 1.1 % 1.9 %
. 9 %
94.2 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales January Property sales were 31 , down 3.1 % from 32 in January
of 2017 and 13.9 % lower than the 36 sales last month . January Property 2018 sales Sales were at their lowest level compared to January of 70
January 2017 and Property 2016 . sales January were YTD 31 , down sales 3.1 of % 31 from are running 32 January 3.1 % of behind 2017 and last 13.9 year %' s lower year-to-date than the 36 sales sales of 32 last . month . January 60 2018 sales were at their lowest level compared to January of 2017 and 2016 . January YTD sales of 31 are running 3.1 % 50 behind last year ' s year-to-date sales of 32 .
40

Cocoa Agent Beach

Name
Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
10
0
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
0
15
16
17
18
F
M A M J
Prices
15
The Median Sales Price in January was $ 280,000 , up 30.2 %
600
Prices from $ 215,000 in January of 2017 and up 0.9 % from $ 277,500
The last Median month Sales . The Price Average in January Sales Price was $ in 280,000 January , up was 30.2 $ 344,752 % ,
550
600 from up 52.5 $ 215,000 % from in $ January 226,117 of in 2017 January and of up 2017 0.9 % and from up $ 277,500 4.6 % from
500 last month . The Average Sales Price in January was $ 344,752 ,
550
$ 329,525 last month . January 2018 ASP was at the highest level
450 up compared 52.5 % from to January $ 226,117 of in 2017 January and of 2016 2017 . and up 4.6 % from
500
400
$ 329,525 last month . January 2018 ASP was at the highest level
450 compared to January of 2017 and 2016 .
350
400
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
350
300
300
250
250
200
200
150
150
F
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
M
15 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
17 A M J
J
A S O N D
J
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
The
January Total Inventory was 197 , up of Properties 23.1 % from available 160 last for month sale as and of down 5.3 %
January from 208 was in 197 January , up 23.1 of % last from year 160 . last January month 2018 and Inventory down 5.3 % was
300
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
from at its 208 lowest in January level compared of last year with . January 2018 of 2017 Inventory and 2016 was .
250 at its lowest level compared with January of 2017 and 2016 .
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 January 2018 MSI of 6.4 higher months MSI was is better at a mid for level buyers compared . The January with January 2018 MSI of of 2017 6.4 and
50 months
2016 . was at a mid level compared with January of 2017 and
2016 .
0
12.0
200
10.0
150
8.0
100
6.0
4.0
50
2.0
0
0.0
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 S O N D J
15
16
17
18
15
16
17
18
10.0
8.0
6.0
4.0
2.0
0.0
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 48 44 36 31 35 36 31
235 222
35 235 209
52 222
199 50 44 55 53 46 43 44 32 38
192 209
176 199
161 192
166 176
166 161 176
166 197 166 218 176
252 197
36
Number of Properties Sold
22 36 58 50 62 45 53 44 36
277 218 260
252 251
277
233 228
260
206 251
190 233
186 228
194 206
199 190
208 186
221 194
208 199
227 208
205 221 189 208
195 227
184 205
177
189 195 184 177 197 156
43 34 32 35 53 51 53 55 48
156 162 160
3 Mo Avg
44 36
162 31
160
3 Mo Avg
35
197 36 31
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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