FL ARCHIVED February 2018 | Page 142

Community Information | School District
Market Action Report February 2018

City : Marco Island Price Range : All | Properties : SFH - Con

Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The February 2018 Selling Price vs Original List Price of 90.4 % was up from 90.0 % last month and down from 91.7 % in February of last year .

Marco Agent Name Island

Title Phone Website Other
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
340 320 300
Days On Market for Sold Properties
Market Time
200
The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward
180
trend in DOM tends to indicate a move towards more of a
160
148
Buyer ' s market , a downward trend a move towards more of a
Seller ' s market . The DOM for February was 128 , down 24.7 % from 170 days last month and down 13.5 % from 148 days in
February of last year . The February 2018 DOM was at a mid
140
120
100
117
128
level compared with February of 2017 and 2016 .
80
60
40
20
0
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
15
16
17
18
Selling Price per Square Foot
Selling Price per Square Foot
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the
direction of Property values . Since Median Sales Price and
440
Average Sales price can be impacted by the ' mix ' of high or low
end Properties in the market , the selling price per square foot is a
420
more normalized indicator on the direction of Property values .
The February 2018 Selling Price per Square Foot of $ 374 was down 5.1 % from $ 394 last month and down 4.4 % from 391 in
400
380
388
391
374
February of last year .
360
95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 % 87 % 86 % 85 %
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales . The graph
900
shows the basic annual seasonality of the market as well as the
800
relationship between these items . The number of New Listings
700
in February 2018 was 117 , down 32.8 % from 174 last month and down 17.6 % from 142 in February of last year .
600
500

Community Information | School District

400 300 200 100
0
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
15
16
17
18
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.3 %
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
15
16
17
18
Inventory / New Listings / Sales
674 652 642 601 579 537 550 570
640
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 Association of REALTORS 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 .
684 781 803 830 802 753 716 679 672 690
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
15
16
17
18
717 779 784 801
91.7 %
828 816 795 732 710 682 687 651 647
3 Mo Avg
3 Mo Avg
651 654 668
90.4 %
681
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