FL ARCHIVED November 2017 | Page 149

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 429,000
0 %
2 %
Average List Price of all Current Listings
$ 951,609
0 %
20 %
November Median Sales Price
$ 305,000
4 %
0 %
15 %
11 %
$ 295,000
7 %
7 %
November Average Sales Price
$ 418,559
8 %
7 %
7 %
10 %
$ 404,824
7 %
7 %
Total Properties Currently for Sale ( Inventory )
1,712
2 %
-16%
November Number of Properties Sold
286
3 %
14 %
3,977
6 %
November Average Days on Market ( Solds )
80 -12%
-7%
3 %
-10%
88
-1%
-1%
Asking Price per Square Foot ( based on New Listings )
$ 223
3 %
5 %
11 %
14 %
$ 205
7 %
5 %
November Sold Price per Square Foot
$ 174
5 %
0 %
0 %
6 %
$ 172
6 %
5 %
November Month ' s Supply of Inventory
6.0
-1%
-4%
-27%
-3%
5.7
-7%
-7%
November Sale Price vs List Price Ratio
92.9 %
. 3 %
-. 4 %
-. 2 %
. 1 %
92.7 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
November Property sales were 286 , up 13.9 % from 251 in
November of 2016 and 3.2 % higher than the 277 sales last
Property month . November Sales 2017 sales were at their highest level
500
450
400
November compared Property to November sales were of 2016 286 , and up 13.9 2015 %. from November 251 in YTD sales
450
November of 3,977 are of 2016 running and 6.3 3.2 % higher ahead of than last the year 277 ' s sales year-to-date last sales month . November 2017 sales were at their highest level
400 of 3,743 . compared to November of 2016 and 2015 . November YTD sales
350
350
300
250
of 3,977 are running 6.3 % ahead of last year ' s year-to-date sales
300
200
of 3,743 .
250
150

Martin Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
Number of Properties Sold
150
50
100
0
50
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
Prices
The Median Sales Price in November was $ 305,000 , up 15.1 %
Prices from $ 265,000 in November of 2016 and up 4.5 % from
The
$ 292,000 Median last Sales month Price . in The November Average was Sales $ 305,000 Price in , up November 15.1 % was
500 from
$ 418,559 $ 265,000 , up 7.0 in November % from $ 391,163 of 2016 in and November up 4.5 % from of 2016 and up
D
J
F M A M J
14
15
500
450
J
A
SMedian O N D JSales 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
$
8.3 292,000 % from last $ 386,413 month . The last Average month . Sales November Price in 2017 November ASP was was at the
450
$ highest 418,559 , level up 7.0 compared % from $ 391,163 to November in November of 2016 of and 2016 2015 and . up
400
8.3 % from $ 386,413 last month . November 2017 ASP was at the
400
350
highest level compared to November of 2016 and 2015 .
350
300
300 250
347 281 308 393 404 436
347 281 308 393 404 436 469 368 326 324 331 272 319 265 299 384 413 421 433 375 319 321 262 251 318 247 327 417 390 476 463 407 437 250 277 286
250
200
200
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 1,712 of , Properties up 2.2 % from available 1,675 for last sale month as of and down
2,500
November
16.4 % from was 2,048 1,712 , in up November 2.2 % from of 1,675 last last year month . November and down 2017
2,500
2,000
16.4
Inventory % from 2,048 was at in its November lowest level of last compared year . November with November 2017 of
2,000
Inventory
2016 and was 2015 at . its lowest level compared with November of
1,500
2016 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial November for sellers 2017 while MSI a of 6.0 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 6.0 of
2016500 months and 2015 was . at its lowest level compared with November of 2016 and 2015 .
0
500
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 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
14
15
16
17
2.0
0.0
2,179 2,252 2,271 2,156 2,075
469
2,179 2,252 2,271 2,156 2,075 1,938 1,873 1,851 1,804
368 326 324 331
Number of Properties Sold
272 319 265 299 384 413 421 433 375 319
1,938 1,873 1,851 1,804 1,818 1,933 1,916 1,873 2,040 2,116 2,091 2,090 1,999 1,914 1,928 1,896 1,926
1,818 1,933 1,916 1,873 2,040 2,116 2,091 2,090 1,999 1,914 1,928 1,896 1,926 1,998 2,048 2,041 321 262 251 318 247 327 417 390 476
1,998 2,048 2,041 2,200 2,224 2,221 2,152 2,046 2,036 1,914
2,200 2,224 2,221 2,152 2,046 2,036 1,914 1,805 1,689 1,675
3 Mo Avg
463 1,712
407 437 250
1,805 1,689 1,675 1,712
3 Mo Avg
277
286
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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