FL ARCHIVED April 2017 | Page 153

Market Action Report April 2017
Community Information | School District
Market Action Report April 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
$ 419,000
1 %
5 %
Average List Price of all Current Listings
$ 837,565
1 %
14 %
April Median Sales Price
$ 282,750
-3%
1 %
1 %
3 %
$ 278,700
1 %
1 %
April Average Sales Price
$ 389,998
-16% -3%
-2%
3 %
$ 403,551
4 %
6 %
Total Properties Currently for Sale ( Inventory )
1,821
-6%
-12%
April Number of Properties Sold
372
-8%
-10%
1,340
-1%
April Average Days on Market ( Solds )
79 -22% -11% -11% -11%
89
-3%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 200
1 %
-3%
-1%
3 %
$ 206
7 %
6 %
April Sold Price per Square Foot
$ 173
-5%
0 %
7 %
6 %
$ 173
6 %
5 %
April Month ' s Supply of Inventory
4.9
2 %
-9%
-2%
-18%
6.1
-2%
3 %
April Sale Price vs List Price Ratio
93.0 %
1.0 %
. 2 %
. 4 %
. 2 %
92.8 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Martin Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
500
April Property sales were 372 , down 9.9 % from 413 in April of
2016 and 8.4 % lower than the 406 sales last month . April 2017
450
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to April of 2016 and
500
400
April
2015 Property . April YTD sales sales were of 372 1,340 , down are 9.9 running % from 1.3 413 % in behind April of last
2016 year and ' s year-to-date 8.4 % lower sales than the of 1,358 406 sales . last month . April 2017 sales were at their lowest level compared to April of 2016 and
450
400
350
300
2015 . April YTD sales of 1,340 are running 1.3 % behind last
350
250
year ' s year-to-date sales of 1,358 .
300
200
250
150
200
100
150
50
100
0
50
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 282,750 , up 1.0 % from
Prices
$ 280,000 in April of 2016 and down 2.5 % from $ 290,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 282,750 April was , up $ 389,998 1.0 % from , down
500
$
2.5 280,000 % from in $ April 399,795 of 2016 in April and down of 2016 2.5 and % from down $ 290,000 15.5 % from last
M
J
14
500
450
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month
$ 461,610 . The last Average month Sales . April Price 2017 in April ASP was $ at 389,998 a mid range , down
2.5 compared % from $ to 399,795 April of in April 2016 of and 2016 2015 and . down 15.5 % from
450
400
$ 461,610 last month . April 2017 ASP was at a mid range
400
350
compared to April of 2016 and 2015 .
350
300
300 250
402 347 347 353 333
402 347 347 353 333 306 269 347 281 308 393 404 435 469 368 326 324 331 272 317 265 299 381 413 421 433 375 319 320 262 249 316 245 317 406 372
250
200
200
M
M
J
14
J
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
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
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 April
The was Total 1,821 Inventory , down 6.1 of % Properties from 1,939 available last month for sale and as down of April 11.5 %
3,000 was from 1,821 2,058 , down in April 6.1 % from of last 1,939 year last . April month 2017 and Inventory down 11.5 was % at its
3,000
2,500 from lowest 2,058 level in compared April of last with year April . of 2017 2016 Inventory and 2015 was . at its
2,500 lowest level compared with April of 2016 and 2015 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
2,000
6.0
1,500
5.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The April 2017 MSI of 4.9 higher MSI is better for buyers . The April 2017 MSI of 4.9
500
2.0 months was at its lowest level compared with April of 2016 and
500 months was at its lowest level compared with April of 2016 and
1.0
2015 .
0
2015 .
0
0.0
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 D J
F M A
14
15
16
17
14
15
16
17
306 269 347
2,515 2,419 2,317 2,256 2,225 2,250 2,225 2,165 2,237 2,255
281
2,515 2,419 2,317 2,256 2,225 2,250 2,225 2,165 2,237 308 393 404 435 469
2,138 2,057 1,922 1,858 1,836 1,789 1,801 368 326 324 331 272 317 265 299 381
2,255 2,138 2,057 1,922 1,858 1,836 1,789 1,801 1,911 1,892 1,849 2,014 2,089 2,061 2,058 413 421 433 375 319 320 262 249
1,911 1,892 1,849 2,014 2,089 2,061 2,058 1,964 1,870 1,873 1,832 1,853 1,910 1,941 1,918 2,061 2,051 1,939 1,821 316 245
1,964 1,870 1,873 1,832 1,853 1,910 1,941 1,918 2,061 2,051
317 406
1,939 1,821
372
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 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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