FL ARCHIVED May 2017 | Page 73

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

City : Marco Island

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
$ 745,000
4 %
3 %
Average List Price of all Current Listings
$ 1,088,609
3 %
-1%
May Median Sales Price
$ 590,000
-6%
0 %
12 %
7 %
$ 600,000
10 %
9 %
May Average Sales Price
$ 764,684
2 %
4 %
7 %
4 %
$ 758,595
11 %
4 %
Total Properties Currently for Sale ( Inventory )
683
-9%
-8%
May Number of Properties Sold
93
7 %
8 %
386
16 %
May Average Days on Market ( Solds )
117
-4%
-9%
-9%
-10%
136
16 %
5 %
Asking Price per Square Foot ( based on New Listings )
$ 426
7 %
4 %
6 %
3 %
$ 409
0 %
-1%
May Sold Price per Square Foot
$ 372
-3%
-1%
-1%
-1%
$ 381
1 %
1 %
May Month ' s Supply of Inventory
7.3 -15% -12% -15% -40%
10.3
-15%
-16%
May Sale Price vs List Price Ratio
90.5 %
-. 1 % -. 4 %
. 9 %
-. 3 %
90.7 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
May Property sales were 93 , up 8.1 % from 86 in May of 2016
and 6.9 % higher than the 87 sales last month . May 2017 sales
Property were at their Sales highest level compared to May of 2016 and 2015 .
120
100
May
May Property YTD sales sales of were 386 are 93 , running up 8.1 % from 15.6 % 86 ahead in May of of last 2016 year ' s and year-to-date 6.9 % higher sales than of the 33487 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 .
100
80
May YTD sales of 386 are running 15.6 % ahead of last year ' s year-to-date sales of 334 .
80
60
60
40

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

40
Number of Properties Sold
20
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
0
14
15
16
17
Prices
The Median Sales Price in May was $ 590,000 , up 12.0 % from
Prices
$ 527,000 in May of 2016 and down 6.3 % from $ 630,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 590,000 May was , up $ 764,684 12.0 % from , up 6.6 %
900
$ from 527,000 $ 717,031 in May in of May 2016 of and 2016 down and 6.3 up % 2.5 from % from $ 630,000 $ 746,364 last last . The Average Sales Price in May was $ 764,684 , up 6.6 %
850 month . May 2017 ASP was at the highest level compared to May from $ 717,031 in May of 2016 and up 2.5 % from $ 746,364 last
800 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
750 of 2016 and 2015 .
700
650
600
550
500
450
J
J
14
900
850
800
750
700
650
600
550
500
450
400
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
400
Inventory & MSI
Inventory
The Total Inventory & MSI of Properties available for sale as of May
The was Total 683 , Inventory down 9.4 of % Properties from 754 last available month for and sale down as of 8.2 May % from was 744683 in , May down of 9.4 last % year from . 754 May last 2017 month Inventory and down was 8.2 at % a mid from level
900
744 compared in May of with last May year . of May 2016 2017 and Inventory 2015 . was at a mid level
800
900
800
700
compared with May of 2016 and 2015 .
700
600
600
500
500
400
A comparatively lower MSI is more beneficial for sellers while
400 a
A comparatively lower MSI is more beneficial for sellers while a
300 higher MSI is better for buyers . The May 2017 MSI of 7.3 higher MSI is better for buyers . The May 2017 MSI of 7.3
200 months was at its lowest level compared with May of 2016 and months was at its lowest level compared with May of 2016 and
100
2015 .
2015 .
0
300
200
100
0
J
J A S O N D J
F M A M J
J
J A S O N D J
F M A M J
14
15
14
15
20
70 62 64 62 63 40 65 46 73 86 92 82 111 61 56 75 59 43 64 51 59 64 74 86 83 60 47 63 48 47 67 57 62 87 87 93
J 14
622
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
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
585 70 622 549
62 585
546 64 62 63 40 65 46 73
588 549
608 546
637 588
660 608
678 637 670 660
648
678 670
86
638 596
92
Number of Properties Sold
82 111 61 56 75 59
648 574
638 531
596 544
574 565 531 633
544 678
565 774
633 795
678 822
793 774
744 795
708 822
671 793
662 744
678 708 701
671 763 662 766 678 779 701 801
763 783
766 754
779 683
801
J A S O N D J F M A M J F M A M J 16
J A S O N D J
16
43 64 51 59 64 74 86 83 60 47
J A S O N D J F M A M
17
J A S O N D J
17
63 48 47
3 Mo Avg
67 57 62
18.0 16.0
783 754
3 Mo Avg
87
14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
F M A M
683 87 93
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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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