FL ARCHIVED December 2017 | Page 71

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
1 %
10 %
Average List Price of all Current Listings
$ 1,092,308
1 %
-0%
December Median Sales Price
$ 580,000
37 %
9 %
2 %
5 %
$ 552,000
2 %
0 %
December Average Sales Price
$ 760,010
-21%
-4%
15 %
4 %
$ 742,215
3 %
1 %
Total Properties Currently for Sale ( Inventory )
617
-1%
-21%
December Number of Properties Sold
63
37 %
-6%
767
2 %
December Average Days on Market ( Solds )
157 -13%
-2%
11 %
21 %
137
9 %
5 %
Asking Price per Square Foot ( based on New Listings )
$ 417
-9%
-3%
0 %
1 %
$ 412
0 %
0 %
December Sold Price per Square Foot
$ 381
5 %
-2%
3 %
1 %
$ 374
0 %
-1%
December Month ' s Supply of Inventory
9.8 -28% -18% -16% -21%
12.2
-2%
-2%
December Sale Price vs List Price Ratio
90.1 %
1.5 % -. 1 %
. 7 %
-. 7 %
90.5 %
-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
December Property sales were 63 , down 6.0 % from 67 in
December of 2016 and 37.0 % higher than the 46 sales last
Property month . December Sales 2017 sales were at their lowest level
120
100
December compared Property to December sales were of 2016 63 , down and 2015 6.0 %. from December 67 in YTD sales
December of 767 are of running 2016 and 2.3 37.0 % ahead % higher of last than year the ' 46 s year-to-date sales last sales
100 of month
750 . . December 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales
80 of 767 are running 2.3 % ahead of last year ' s year-to-date sales of
80
60
750 .
60
40

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

40
20
Number of Properties Sold
20
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 $ 580,000 , up 1.8 %
1,000
Prices from $ 570,000 in December of 2016 and up 37.3 % from
The
$ 422,500 Median last Sales month Price . in The December Average was Sales $ 580,000 Price in , up December 1.8 % was
1,000
900 from
$ 760,010 $ 570,000 , up 15.3 in December % from $ of 659,253 2016 and in December up 37.3 % from of 2016 and
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ down 422,500 21.3 last % month from $ . 966,067 The Average last month Sales Price . December in December 2017 was ASP
$ was 760,010 at the , up highest 15.3 % from level $ compared 659,253 in to December of of 2016 2016 and and
900
800
down 201521.3 . % from $ 966,067 last month . December 2017 ASP
800
700
was at the highest level compared to December of 2016 and
2015 .
700
600
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 46 63
600 500
500
400
400
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 617 of , down Properties 1.3 % from available 625 for last sale month as of and down
December
20.9 % from was 780 617 , in down December 1.3 % from of last 625 year last . month December and down 2017
900
20.9
Inventory % from was 780 at in its December lowest level of last compared year . December with December 2017 of
800
Inventory
2016 and was 2015 at . its lowest level compared with December 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 December 2017 MSI of 9.8 higher MSI is better for buyers . The December 2017 MSI of 9.8
200 months was at its lowest level compared with December of 2016 months was at its lowest level compared with December 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
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
30.0
25.0
20.0
15.0
10.0
5.0
0.0
664 682
46 664
73 682
86 673
673 651 641
92 651
82 641
600 578
111 600
536 549
61
578 56
536
569 637
75
549 681 569 59 44
778 800
637 681
Number of Properties Sold
64 778
51
827 799
800 59 827
750 713
65 799
74 750
676 669
86 713
83 676
687
714 60 47
669 776 687
63 714
780 796
48 776
47 780
821 809
67 796
788 725
57 821
62 809
87
788
702 673 675
89
725 702
95
635 627
673 85
3 Mo Avg
675 54
625 617
635 53
627 26 625
3 Mo Avg
50
617 46 63
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 71