Florida Market Viewpoint June 2017 - Page 143

Agent Name Title Phone Agent Name Website Title Other June 2017 City: Merritt Island Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $395,000 1% 5% Other $623,048 Trending 4% versus*: 24% Month LM 27% L3M 11% PYM 31% LY $315,000 $395,000 1% 5% $331,681 19% 6% 15% $623,048 301 4% 1% 24% 3% $315,000 27% 11% 31% 2% 32% 97 -3% $331,681 19% 6% 15% 21% 41 -16% -20% -25% 301 1% 3% $176 3% 4% 16% 97 -3% 2% $152 9% 2% 6% 41 -16% -20% -25% -29% 3.1 4% 4% 1% $176 3% 4% 16% 13% 95.1% .3% .4% .3% $152 9% 3.1 4% 95.1% .3% 2% 4% .4% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Month's Supply of Inventory June Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 120 June Property sales were 97, up 2.1% from 95 in June of 2016 and 3.0% lower than the 100 sales last month. June 2017 sales 100 Property Sales were at a mid level compared to June of 2016 and 2015. June 120 June were 97, up 2.1% 95 of in last June year's of 2016 YTD Property sales of sales 502 are running 0.6% from ahead year-to- 80 and 3.0% lower than the 100 sales last month. June 2017 sales date sales of 499. 100 89 87 16 3 Mo Avg 17 3 Mo Avg 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 Total Inventory & Month's Supply of Inventory (MSI) 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Total Inventory & Month's Supply of Inventory (MSI) 0 3 Mo Avg 15 A M J J A S O N D J F M 16 J A 14 S O N D J F M A M J J A S O N D J F M A 17 M J 14 15 16 17 The Total Inventory Inventory & MSI of Properties available for sale as of June 450 was Total 301, Inventory up 1.0% from 298 last available month and The of Properties for up sale 2.7% as of from June 293 in June of up last 1.0% year. June at a mid was 301, from 298 2017 last Inventory month and was up 2.7% from level 293 in 450 400 400 350 June of last year. June of 2017 Inventory was at a mid level compared with June 2016 and 2015. 350 300 compared with June of 2016 and 2015. 300 250 250 200 A comparatively lower MSI is more beneficial for sellers while 200 a 150 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 3.1 a 150 100 higher MSI is better for level buyers. The June 2017 MSI of of 2016 3.1 and 100 50 months was at a mid compared with June 50 months 0 2015. was at a mid level compared with June of 2016 and 2015. 3 Mo Avg Median Sales Price and Average Sales Price Inventory & MSI 15 290 270 250 230 210 190 170 150 14 350 330 310 290 270 250 230 210 190 170 150 last month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. -7% 9% 9% -5% 1% 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 J A S O N D J F M A M J J A Sales S O N Price D J F and M A Average M J J A Sales S O N Price D J F M A M J Median Prices The Median Sales Price in June was $315,000, up 31.3% from Prices $239,900 in June of 2016 and up 27.3% from $247,500 last The Median Sales Price Sales in June was in $315,000, 31.3% from month. The Average Price June was up $331,681, up 15.1% 350 $239,900 in June in of June 2016 of and up 27.3% from $247,500 last from $288,208 2016 and up 18.9% from $279,018 month. The Average Sales ASP Price in June $331,681, 15.1% 330 last month. June 2017 was at the was highest level up compared to 310 from in June of 2016 and up 18.9% from $279,018 June $288,208 of 2016 and 2015. 0 20 20 40 0 11% 1% 10% 502 13% 54 -11% 11% 13% $170 10% 502 1% 12% $147 12% 54 -11% -7% -14% 3.4 -9% $170 10% 9% 1.2% 94.6% 0% 40 60 $261,250 $303,477 -29% 60 80 Trending versus*: Prior YTD 11% Prior Year 10% 32% YTD $261,250 21% $303,477 13% 11% Number of Properties Sold were at a mid level compared to June of 2016 and 2015. June YTD sales of 502 are running 0.6% ahead of last year's year-to- date sales of 499. Trending versus*: Prior YTD Prior Year YTD 6% 12% $147 12% 9% 1% -14% 3.4 -9% -5% Number of 94.6% Properties .3% 1.2% 0% Sold 1% June Sale Price vs List Price Ratio June Sold Price per Square Foot June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sold Price per Square Foot June Average Days on Market (Solds) June Number of Properties Sold Asking Price per Square Foot (based on New Listings) June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) June Average Sales Price June Sales Price June Median Number of Properties Sold Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Market Profile & Trends June Median Sales Price Overview Median List Price of all Current Listings June Average Sales Price Average List Price of all Current Listings Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Market Action Report Merritt Island City: Merritt Island June 2017 Market Action Report 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 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 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es . c o m | 143 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Spa