FL ARCHIVED May 2017 | Page 153

Market Action Report May 2017
Community Information | School District
Market Action Report May 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
$ 419,000
1 %
5 %
Average List Price of all Current Listings
$ 822,373
2 %
10 %
May Median Sales Price
$ 300,500
6 %
5 %
7 %
9 %
$ 283,000
2 %
3 %
May Average Sales Price
$ 442,561
17 %
5 %
28 %
16 %
$ 411,130
8 %
8 %
Total Properties Currently for Sale ( Inventory )
1,727
-7%
-12%
May Number of Properties Sold
450
18 %
7 %
1,805
1 %
May Average Days on Market ( Solds )
90
14 %
1 %
-2%
1 %
89
-3%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 205
4 %
1 %
8 %
6 %
$ 204
6 %
5 %
May Sold Price per Square Foot
$ 176
4 %
2 %
11 %
7 %
$ 173
7 %
5 %
May Month ' s Supply of Inventory
3.8 -21% -15% -18% -36%
5.7
-4%
-4%
May Sale Price vs List Price Ratio
92.4 %
-. 6 % -. 3 % -1.3% -. 5 %
92.7 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Martin Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
500
May Property sales were 450 , up 6.9 % from 421 in May of 2016 and 18.1 % higher than the 381 sales last month . May 2017 sales
450
Number of Properties Sold
3 Mo Avg
Property were at their Sales highest level compared to May of 2016 and 2015 .
500
400
May
May Property YTD sales sales of were 1,805450 are , up running 6.9 % from 1.4 % 421 ahead in May of last of 2016 year ' s
450 and year-to-date 18.1 % higher sales than of the 1,780 381 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 .
400
350
300
May YTD sales of 1,805 are running 1.4 % ahead of last year ' s
350
250
year-to-date sales of 1,780 .
300
200
250
150
200
100
150
50
100
0
50
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
0
14
15
16
17
Prices
The Median Sales Price in May was $ 300,500 , up 7.3 % from
Prices
$ 280,000 in May of 2016 and up 6.2 % from $ 283,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 300,500 May was , up $ 442,561 7.3 % from , up 28.2 %
500
$ from 280,000 $ 345,203 in May in of May 2016 of and 2016 up and 6.2 % up from 16.5 $ % 283,000 from $ last 379,772 last
J
J
14
500
450
A S O N D
J
F
MMedian A M J JSales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 442,561 compared , up 28.2 to % May
450 from of 2016 $ 345,203 and 2015 in May . of 2016 and up 16.5 % from $ 379,772 last
400
month . May 2017 ASP was at the highest level compared to May
400
350
of 2016 and 2015 .
350
300
300 250
347 347 353 333 306 269
347 347 353 333 306 269 347 281 308 393 404 435 469 368 326 324 331 272 317 265 299 382 413 421 433 375 319 320 262 250 316 246 317 411 381 450
250
200
200
J
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
A 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
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 May
The was Total 1,727 Inventory , down 6.7 of % Properties from 1,852 available last month for sale and as down of May 12.1 %
3,000 was from 1,727 1,964 , down in May 6.7 % of from last 1,852 year . last May month 2017 and Inventory down 12.1 was % at its
3,000
2,500 from lowest 1,964 level in May compared of last with year . May of 2017 2016 Inventory and 2015 was . at its
2,500 lowest level compared with May of 2016 and 2015 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
2,000
6.0
1,500
5.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The May 2017 MSI of 3.8 higher MSI is better for buyers . The May 2017 MSI of 3.8
500
2.0 months was at its lowest level compared with May of 2016 and
500 months was at its lowest level compared with May of 2016 and
1.0
2015 .
0
2015 .
0
0.0
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 J
F M A M
14
15
16
17
14
15
16
17
347 281 308
2,419 2,317 2,256 2,225 2,250 2,225 2,165 2,237 2,255
393
2,419 2,317 2,256 2,225 2,250 2,225 2,165 2,237 2,255 2,138 2,058 1,923 1,859 404 435 469 368 326 324 331 272 317 265 299
1,837 1,790 1,802 1,912 1,893 1,850 2,015 2,089 2,061 2,058 1,964 1,871 1,876 1,836 1,859 1,917 1,949 1,925 2,070 2,067 2,017 1,852 1,727
382 413
2,138 2,058 1,923 1,859 1,837 1,790 1,802 1,912 1,893 1,850 2,015 2,089 2,061 2,058 1,964 421 433 375 319 320 262 250 316 246 317
1,871 1,876 1,836 1,859 1,917 1,949 1,925 2,070 2,067 2,017
411 381
1,852 1,727
450
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 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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