FL ARCHIVED November 2017 | Page 71

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 769,000
3 %
10 %
Average List Price of all Current Listings
$ 1,086,709
1 %
0 %
November Median Sales Price
$ 425,000
-20% -19% -29% -23%
$ 552,000
2 %
0 %
November Average Sales Price
$ 982,046
25 %
29 %
32 %
34 %
$ 741,325
2 %
1 %
Total Properties Currently for Sale ( Inventory )
611
-1%
-21%
November Number of Properties Sold
45 -10%
-4%
703
3 %
November Average Days on Market ( Solds )
183
2 %
23 %
0 %
41 %
135
8 %
4 %
Asking Price per Square Foot ( based on New Listings )
$ 458
8 %
6 %
5 %
11 %
$ 413
0 %
0 %
November Sold Price per Square Foot
$ 366
-11%
-3%
2 %
-3%
$ 373
0 %
-1%
November Month ' s Supply of Inventory
13.6
10 % -18% -18%
9 %
12.3
-1%
-1%
November Sale Price vs List Price Ratio
88.7 % -2.1% -2.2% -1.9% -2.2%
90.6 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
November Property sales were 45 , down 4.3 % from 47 in
November of 2016 and 10.0 % lower than the 50 sales last
Property month . November Sales 2017 sales were at a mid level compared to
120
100
November Property of 2016 sales and were 2015 . 45 November , down 4.3 % YTD from sales 47 in of 703 are
November running 2.9 of 2016 % ahead and of 10.0 last % year lower ' s than year-to-date the 50 sales sales last of 683 .
100 month . November 2017 sales were at a mid level compared to
80
November of 2016 and 2015 . November YTD sales of 703 are running 2.9 % ahead of last year ' s year-to-date sales of 683 .
80
60
60
40

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

40
Number of Properties Sold
20
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 $ 425,000 , down
1,000
Prices
29.2 % from $ 600,000 in November of 2016 and down 19.8 %
The from Median $ 530,000 Sales last Price month in November . The Average was $ 425,000 Sales Price , down in
1,000
900
29.2
November % from $ was 600,000 $ 982,046 in November , up 32.1 of % 2016 from $ and 743,470 down 19.8 in November %
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
from of 2016 $ 530,000 and up last 25.5 month % from . The $ 782,620 Average last Sales month Price . in November
November
2017 ASP was $ at 982,046 the highest , up 32.1 level % from compared $ 743,470 to November in November of
900
800
of
2016 and 2015 up 25.5 . % from $ 782,620 last month . November
800
700
2017 ASP was at the highest level compared to November of
2016 and 2015 .
700
600
600
20
65 46 73 86 92 82 111 61 56 75 59 44 64 51 59 65 74 86 83 60 47 63 48 47 67 57 62 87 89 95 85 54 53 26 50 45
500
500
400
400
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 611 of , down Properties 0.8 % available from 616 for last sale month as of and down
November
21.2 % from was 775 611 in , down November 0.8 % from of last 616 year last . month November and down 2017
900
21.2
Inventory % from 775 was in at November its lowest of level last compared year . November with November 2017 of
800
Inventory
2016 and was 2015 at . its lowest level compared with November of
700
2016 and 2015 .
600
500
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 November 2017 MSI of 13.6 higher MSI is better for buyers . The November 2017 MSI of 13.6
200 months was at its lowest level compared with November of 2016 months was at its lowest level compared with November of 2016
100 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
900
800
30.0
700
25.0
600
500
20.0
400
15.0
300
200
10.0
100
5.0
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
30.0
25.0
20.0
15.0
10.0
5.0
0.0
641 664
65 641
46 664
682 673
73 651
86
682 673
92 651
641 600
82 641
578 536
111
600 61
578
549 569
56
536 637
75 59
681 778 637
549 569
Number of Properties Sold
44 64
800 827
681 778
51
798 59
800 827
749 712
65 798
74 749
675 668
86 712
686 83 60
675 668
713
775 47 63
779 686 795
48 775
713 819
47
805 783
67
779 795
57 819
718 695
62
805 87
783
665 666
718 89 626
695 95
3 Mo Avg
85
665 666
616 611
54 626
53 616
3 Mo Avg
26
611 50 45
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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