FL ARCHIVED October 2017 | Page 137

Market Action Report October 2017
Community Information | School District
Market Action Report October 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
$ 393,950
-1%
-1%
Average List Price of all Current Listings
$ 475,068
-4%
2 %
October Median Sales Price
$ 302,500
10 %
9 %
23 %
14 %
$ 290,000
8 %
9 %
October Average Sales Price
$ 355,993
22 %
10 %
23 %
12 %
$ 334,356
5 %
5 %
Total Properties Currently for Sale ( Inventory )
164
-8%
-15%
October Number of Properties Sold
30 -17%
-17%
437
-1%
October Average Days on Market ( Solds )
97
14 %
15 %
-4%
33 %
80
7 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 248
12 %
7 %
13 %
12 %
$ 231
5 %
4 %
October Sold Price per Square Foot
$ 216
9 %
6 %
14 %
9 %
$ 204
3 %
3 %
October Month ' s Supply of Inventory
5.5
11 %
12 %
1 %
-5%
4.9
-16%
-15%
October Sale Price vs List Price Ratio
92.1 % -2.1% -1.0% 4.8 %
-. 9 %
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 October Property sales were 30 , down 16.7 % from 36 in October
of 2016 and 16.7 % lower than the 36 sales last month . October Property 2017 sales Sales were at their lowest level compared to October of 70
October 2016 and Property 2015 . sales October were YTD 30 , down sales 16.7 of 437 % from are running 36 October 1.1 % of behind 2016 and last 16.7 year %' s lower year-to-date than the 36 sales sales of 442 last . month . October 60 2017 sales were at their lowest level compared to October of 2016 and 2015 . October YTD sales of 437 are running 1.1 % 50 behind last year ' s year-to-date sales of 442 .
40

Cocoa Agent Beach

Name
Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
40 42 38 35 52 50
Number of Properties Sold
Number of Properties Sold
10
0
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in October was $ 302,500 , up 23.5 %
600
Prices from $ 245,000 in October of 2016 and up 10.0 % from
Median Sales Price and Average Sales Price
The
$ 274,950 Median last Sales month Price . in The October Average was Sales $ 302,500 Price , up in October 23.5 % was
550
600 from
$ 355,993 $ 245,000 , up 23.1 in October % from of $ 2016 289,122 and in up October 10.0 % from of 2016 and up
500 $ 274,950 last month . The Average Sales Price in October
550
21.8 % from $ 292,314 last month . October 2017 ASP was at the
450
$ highest 355,993 , level up 23.1 compared % from $ to 289,122 October in of October 2016 and of 2016 2015 and . up
500
400
21.8 % from $ 292,314 last month . October 2017 ASP was at the
450 highest level compared to October of 2016 and 2015 .
350
400
J
A S O
3 Mo Avg
3 Mo Avg
350
300
300
250
250
200
200
150
150
N
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
D
14
J
F
15 M 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 J
J
A S O
A S O
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
October Total Inventory was 164 , down of Properties 7.9 % from available 178 last for month sale as and of down
October
15.5 % from was 164 194 , down in October 7.9 % from of last 178 year last . month October and 2017 down Inventory
300
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
15.5 was % at from its lowest 194 in October level compared of last year with . October 2017 of 2016 Inventory and
2015250 . was at its lowest level compared with October 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 October 2017 MSI of 5.5 higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 5.5 of 2016
50 months and 2015 was
. at its highest level compared with October of 2016 and 2015 .
0
12.0
200
10.0
150
8.0
100
6.0
4.0
50
2.0
0
0.0
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 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
14
15
16
17
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
44 55 53 46 43 44 32 38 36 22
3 Mo Avg
40 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 30
202 205
212 202
205 235
221 212
208 235
199 221
192 208
176 199 161 192
166 176
166 161 176 166 196 166 218 176
252 196
277 218
260
250 252
243 277
238 260
215 250
199 243
194 238
204 215
209 199
217 194
231 204 218
209 238 217
219 231
201 218
202 238
187 219
178 201
164 202
36 58 50 62 45 53 44 36 43 34 32 35 53 51 53 55
187 48
178
3 Mo Avg
44
164 36 30
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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