FL ARCHIVED June 2017 | Page 139

Market Action Report June 2017
Community Information | School District
Market Action Report June 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
$ 484,450
6 %
22 %
Average List Price of all Current Listings
$ 553,532
4 %
15 %
June Median Sales Price
$ 324,000
-2%
0 %
40 %
22 %
$ 297,500
11 %
12 %
June Average Sales Price
$ 360,579
-2%
4 %
21 %
13 %
$ 341,820
10 %
7 %
Total Properties Currently for Sale ( Inventory )
188
-6%
-22%
June Number of Properties Sold
54
2 %
-13%
278
5 %
June Average Days on Market ( Solds )
68 -29% -14% -18%
-7%
79
11 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 225
-2%
-3%
-7%
1 %
$ 231
4 %
4 %
June Sold Price per Square Foot
$ 214
-0%
2 %
15 %
8 %
$ 205
5 %
3 %
June Month ' s Supply of Inventory
3.5
-8% -11% -11% -39%
4.8
-25%
-16%
June Sale Price vs List Price Ratio
93.8 %
1.3 %
. 1 %
1.3 % 1.0 %
93.5 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales June Property sales were 54 , down 12.9 % from 62 in June of
2016 and 1.9 % higher than the 53 sales last month . June 2017 Property sales were Sales at their lowest level compared to June of 2016 and 70
June 2015 Property . June YTD sales sales were of 54278 , down are 12.9 running % from 5.362 % in ahead June of last 2016 year and ' s year-to-date 1.9 % higher sales than of the 264 53 . sales last month . June 2017 60 sales were at their lowest level compared to June of 2016 and 2015 . June YTD sales of 278 are running 5.3 % ahead of last 50 year ' s year-to-date sales of 264 .
40

Cocoa Agent Beach

Name
Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
39 44 41 42 40 42
Number of Properties Sold
Number of Properties Sold
10
0
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in June was $ 324,000 , up 39.7 % from
600
Prices
$ 232,000 in June of 2016 and down 1.5 % from $ 329,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in June Price was in $ 324,000 June was , up $ 360,579 39.7 % from , up
550
600
$
21.4 232,000 % from in June $ 296,945 of 2016 in and June down of 2016 1.5 % and from down $ 329,000 1.6 % from last
500 month . The Average Sales Price in June $ 360,579 , up
550
$ 366,452 last month . June 2017 ASP was at the highest level
450
21.4 compared % from $ to 296,945 June of in 2016 June and of 2016 2015 and . down 1.6 % from
500
400
$ 366,452 last month . June 2017 ASP was at the highest level
450 compared to June of 2016 and 2015 .
350
400
3 Mo Avg
350
300
300
250
250
200
200
150
150
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
A
14 S O N D
J
F 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 A
17 M J
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 June
The was Total 188 , Inventory down 6.5 of % Properties from 201 last available month for and sale down as of 22.3 June % from was 242188 in , June down of 6.5 last % from year . 201 June last 2017 month Inventory and down was 22.3 at % its from lowest
300
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
242 level in compared June of last with year June . of 2017 2016 Inventory and 2015 was . at its lowest
250 level compared with June 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 June 2017 MSI of 3.5 higher months MSI was is better at its lowest for buyers level . The compared June 2017 with MSI June of 3.5 of 2016 and
50 months
2015 . was at its lowest level compared with June of 2016 and
2015 .
0
12.0
200
10.0
150
8.0
100
6.0
4.0
50
2.0
0
0.0
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 J
F M A M J
14
15
16
17
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
38 35 52 50 44 55 53 46 43 44
3 Mo Avg
39 44 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 54
207 206
198 207
204 206
202 198
205 204
212 202
205 235
221 212 208 235
199 221
192 208
176 199
161 192
166 176
166 161 176 166 196
166 218
176 252
196 277
218 260
249 252
242 277
236 260
212 249
197 242
192 236 202 212
205 197 214 192 225 202
210 205 225
214 201
225 188
210
32 38 36 22 36 58 50 62 45 53 44 36 43 34 32 35
225 53
201
3 Mo Avg
51
188 53 54
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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