FL ARCHIVED November 2017 | Page 137

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 425,000
6 %
6 %
Average List Price of all Current Listings
$ 528,036
8 %
11 %
November Median Sales Price
$ 325,000
9 %
12 %
23 %
23 %
$ 290,000
8 %
9 %
November Average Sales Price
$ 425,583
22 %
25 %
33 %
34 %
$ 340,505
7 %
7 %
Total Properties Currently for Sale ( Inventory )
174
7 %
-15%
November Number of Properties Sold
34
10 %
-21%
472
-3%
November Average Days on Market ( Solds )
65 -32% -19%
-4%
-11%
79
7 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 259
3 %
7 %
16 %
17 %
$ 233
5 %
5 %
November Sold Price per Square Foot
$ 223
4 %
6 %
9 %
12 %
$ 206
4 %
4 %
November Month ' s Supply of Inventory
5.1
-2%
-0%
8 %
-11%
4.9
-14%
-14%
November Sale Price vs List Price Ratio
93.3 %
1.2 %
. 1 %
. 3 %
. 4 %
93.4 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales November Property sales were 34 , down 20.9 % from 43 in
November of 2016 and 9.7 % higher than the 31 sales last month . Property November Sales 2017 sales were at a mid level compared to November 70
November of 2016 and Property 2015 . sales November were 34 YTD , down sales 20.9 of % 472 from are 43 running 2.7 % November behind last of year 2016 ' s and year-to-date 9.7 % higher sales than of the 485 31 . sales last month . 60 November 2017 sales were at a mid level compared to November of 2016 and 2015 . November YTD sales of 472 are running 2.7 % 50 behind last year ' s year-to-date sales of 485 .
40

Cocoa Agent Beach

Name
Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
10
0
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
0
14
15
16
17
D
J
F M A M J
Prices
14
15
The Median Sales Price in November was $ 325,000 , up 22.6 %
600
Prices from $ 265,000 in November of 2016 and up 8.7 % from
The
$ 299,000 Median last Sales month Price . in The November Average was Sales $ 325,000 Price in , up November 22.6 % was
550
600 from
$ 425,583 $ 265,000 , up 33.2 in November % from $ of 319,581 2016 and in November up 8.7 % from of 2016 and up
500 $ 299,000 last month . The Average Sales Price in November
550
22.0 % from $ 348,865 last month . November 2017 ASP was at
450
$ the 425,583 highest , up level 33.2 % compared from $ 319,581 to November in November of 2016 of 2016 and and 2015 up .
500
400
22.0 % from $ 348,865 last month . November 2017 ASP was at
450 the highest level compared to November of 2016 and 2015 .
350
400
300
350
250
300
J
A
SMedian O N D
J Sales F M APrice M J Jand
A SAverage O N D
J Sales
F M A Price M J
J
16
17
Median Sales Price and Average Sales Price
A
S O N
3 Mo Avg
3 Mo Avg
250
200
200
150
150
D
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
14
15
16
17
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
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
The
November Total Inventory was 174 of , up Properties 7.4 % from available 162 last for month sale as and of down
November
14.7 % from was 204 174 in , up November 7.4 % from of 162 last last year month . November and down 2017
300
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
14.7
Inventory % from 204 was in at November its lowest level of last compared year . November with November 2017 of
250
Inventory
2016 and was 2015 at . its lowest level compared with November 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 November 2017 MSI of 5.1 higher months MSI was is better at a mid for level buyers compared . The November with November 2017 MSI of of 2016 5.1 and
50 months
2015 . was at a mid level compared with November of 2016 and
2015 .
0
12.0
200
10.0
150
8.0
100
6.0
50
4.0
2.0
0
0.0
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 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
14
15
16
17
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
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 55 48 44 36 31 34
205 212
42 205
38 212
235 222
35 209
52
235 222
50 209
199 192
44 199
55 192
176 161
53 176
166 166
46 161 176 43 44
197 218
166 166
32 176
Number of Properties Sold
38
252 277
197 36
218 260
22
252 277
36
250 243
260 58
250
238 215
50 243
199 62 45
238 215
194 204
53 199
44
209 218
36
194
232 204
43 34
209 218
219 239
32 232
221 201
35 219
53
239
205 189
51
221 181
53
201
3 Mo Avg
55
205 189
162 174
48 181
44 162
3 Mo Avg
36
174 31 34
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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