FL ARCHIVED May 2017 | Page 211

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

City : Navarre

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
$ 290,400
0 %
14 %
Average List Price of all Current Listings
$ 368,671
1 %
17 %
May Median Sales Price
$ 230,000
-2%
-2%
-4%
5 %
$ 230,000
5 %
5 %
May Average Sales Price
$ 259,376
0 %
-3%
3 %
8 %
$ 262,010
11 %
9 %
Total Properties Currently for Sale ( Inventory )
401
1 %
-33%
May Number of Properties Sold
142
11 %
7 %
607
4 %
May Average Days on Market ( Solds )
65
2 %
-12% -24% -27%
76
-24%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 142
-1%
3 %
8 %
8 %
$ 138
7 %
5 %
May Sold Price per Square Foot
$ 134
4 %
0 %
8 %
11 %
$ 133
14 %
10 %
May Month ' s Supply of Inventory
2.8
-9%
-3% -37% -34%
3.5
-33%
-17%
May Sale Price vs List Price Ratio
97.2 %
-. 3 %
. 2 %
. 8 %
. 3 %
96.9 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
200
May Property sales were 142 , up 6.8 % from 133 in May of 2016 and 10.9 % higher than the 128 sales last month . May 2017 sales
180
Property were at their Sales highest level compared to May of 2016 and 2015 .
200
160
May
May Property YTD sales sales of were 607 are 142 , running up 6.8 % 3.8 from % ahead 133 in of May last of year 2016 ' s yearto-date 10.9 % sales higher of 585 than . the 128 sales last month . May 2017 sales
180 and were at their highest level compared to May of 2016 and 2015 .
160
140
120
May YTD sales of 607 are running 3.8 % ahead of last year ' s yearto-date
140
100
sales of 585 .
120
80
100

Navarre

Agent Name
60
Number of Properties Sold
80
40
60
20
40
0
20
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 $ 230,000 , down 4.2 % from
J
14
J
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
3 Mo Avg
Prices
$ 240,000 in May of 2016 and down 2.1 % from $ 234,950 last
The month Median . The Sales Average Price Sales in May Price was $ in 230,000 May was , down $ 259,376 4.2 %, from up 2.8 %
$ from 240,000 $ 252,279 in May in of May 2016 of and 2016 down and 2.1 up % 0.5 from % from $ 234,950 $ 258,122 last last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 259,376 compared , up 2.8 % to May from $ 252,279 in May of 2016 and up 0.5 % from $ 258,122 last
270 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
250
250
230
of 2016 and 2015 .
230
210
210 190
190 170
108 136 141
Title Phone Website Other

Community Information | School District

104 149 78
108 136 141 104 149 78 83 71 92 113 112 134 152 161 104 129 117 79 135 93 94 144 121 133 175 170 153 135 123 132 134 90 100 147 128 142
170 150 150
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 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 401 , Inventory up 0.5 % from of Properties 399 last available month and for sale down as 32.6 of May % from 1,000
14.0 was 595401 in , May up 0.5 of % last from year 399 . May last month 2017 Inventory and down was 32.6 at % its from lowest 1,000
14.0 12.0 800
595 level in compared May of last with year . May of 2017 2016 Inventory and 2015 was . at its lowest 12.0
800 10.0 level compared with May of 2016 and 2015 . 600
10.0 8.0
600 8.0
400 6.0
A comparatively lower MSI is more beneficial for sellers while a 400 6.0
4.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 2.8 a
200 4.0 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 2.8 of 2016 and 200 2.0 months was at its lowest level compared with May of 2016 and 2.0
2015 . 0
0.0 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
83 71 92 113 112
875 869 824 771 789 775 784 819 817 854 855 817 839
781
Number of Properties Sold
134 152
875 869 824 771 789 775 784 819 817 854 855 817 839
781 161 104 129 117 79 135
707 672 677 649 614 598 613 589 564 93 94 144 121 133
707 672 677 649 614 598 613 589 564 595 587 175 170 153 135
595
587 525 513 504 512 496 465 426 414 123 132
411 399 401
3 Mo Avg
134 90
525 513 504 512 496 465 426 414 411
100
3 Mo Avg
147
399
401 128 142
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 Ass 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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