FL ARCHIVED December 2017 | Page 137

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
7 %
-1%
Average List Price of all Current Listings
$ 534,849
4 %
6 %
December Median Sales Price
$ 270,000
-17%
-3%
-15%
2 %
$ 290,000
7 %
9 %
December Average Sales Price
$ 324,845
-24%
-6%
-19%
2 %
$ 339,482
5 %
7 %
Total Properties Currently for Sale ( Inventory )
159
1 %
-20%
December Number of Properties Sold
33
-3%
-3%
505
-3%
December Average Days on Market ( Solds )
62
-5%
-18%
3 %
-15%
78
7 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 249
-4%
1 %
6 %
12 %
$ 234
5 %
5 %
December Sold Price per Square Foot
$ 208
-7%
-2%
-10%
4 %
$ 206
2 %
4 %
December Month ' s Supply of Inventory
4.8
4 %
1 %
-18% -14%
4.6
-17%
-17%
December Sale Price vs List Price Ratio
93.1 %
-. 2 %
-. 1 % -6.1%
. 2 %
93.4 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 33 , down 2.9 % from 34 in
December of 2016 and 2.9 % lower than the 34 sales last month . Property December Sales 2017 sales were at their lowest level compared to 70
December Property of 2016 sales and were 2015 . 33 December , down 2.9 % YTD from sales 34 in of 505 are December running 2.7 of 2016 % behind and 2.9 last % year lower ' s than year-to-date the 34 sales sales last of month 519 . . 60
December 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales of 505 are 50 running 2.7 % behind last year ' s year-to-date sales of 519 .
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
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
0
15
16
17
J
F M A M J
Prices
15
The Median Sales Price in December was $ 270,000 , down
600
Prices
15.0 % from $ 317,500 in December of 2016 and down 16.9 %
The from Median $ 325,000 Sales last Price month in December . The Average was $ 270,000 Sales Price , down in
550
600
15.0
December % from $ was 317,500 $ 324,845 in December , down 19.0 of 2016 % from and $ down 400,904 16.9 % in
500 from $ 325,000 last month . The Average Sales Price in
550
December of 2016 and down 23.7 % from $ 425,583 last month .
450
December was 2017 $ 324,845 ASP was , down at the 19.0 lowest % from level $ 400,904 compared in to
500
400
December of of 2016 2016 and and down 2015 23.7 . % from $ 425,583 last month .
450
December 2017 ASP was at the lowest level compared to
350
400
December of 2016 and 2015 .
300
350
250
300
J
A
S
OMedian N D
J FSales M A MPrice J J Aand
S OAverage N D
J
F Sales M A M Price J
J
A
16
17
Median Sales Price and Average Sales Price
S O N D
3 Mo Avg
3 Mo Avg
250
200
200
150
150
J
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
15
16
17
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
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
December Total Inventory was 159 of , up Properties 0.6 % from available 158 last for month sale as and of down
December
20.1 % from was 199 159 in , up December 0.6 % from of 158 last last year month . December and down 2017
300
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
20.1
Inventory % from 199 was in at December its lowest of level last compared year . December with December 2017 of
250
Inventory
2016 and was 2015 at . its lowest level compared with December 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 December 2017 MSI of 4.8 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 4.8 of
201650 months and 2015 was . at its lowest level compared with December of 2016 and 2015 .
0
12.0
200
10.0
150
8.0
100
6.0
50
4.0
2.0
0
0.0
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 D
15
16
17
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
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 33
211 235
38 211
35 235
52 222
222 209 199
50 209
44 199
192 176
55 192
53 176
161 166
46 161
166 176
43 166
44
197 166
218 32 176 252
38 197
Number of Properties Sold
36
277 260
218 22
252 277
36
251 233
260 58
251 50
228 206
233 62 228
45 206
190 186 194
53 190
44 186
199 208
36 194
43 199
221 208
34 208
32 221
227 204
35 208
53 227
187 192 180
51 204
53
187
173 152
55
192
3 Mo Avg
180 48
158 159
173 44
152 36
158
3 Mo Avg
31
159 34 33
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 Assoc 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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