FL ARCHIVED January 2018 | Page 149

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

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
$ 435,000
0 %
6 %
Average List Price of all Current Listings
$ 923,587
-4%
11 %
January Median Sales Price
$ 277,200
-3%
-4%
10 %
-5%
$ 277,200
10 %
-5%
January Average Sales Price
$ 375,947
-8%
-5%
6 %
-7%
$ 375,947
6 %
-7%
Total Properties Currently for Sale ( Inventory )
1,761
6 %
-18%
January Number of Properties Sold
249 -18%
1 %
249
1 %
January Average Days on Market ( Solds )
92
21 %
12 %
11 %
11 %
92
11 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 237
-2%
3 %
11 %
13 %
$ 237
11 %
13 %
January Sold Price per Square Foot
$ 178
-2%
1 %
6 %
3 %
$ 178
6 %
3 %
January Month ' s Supply of Inventory
7.1
28 %
16 % -19%
28 %
7.1
-19%
28 %
January Sale Price vs List Price Ratio
92.9 %
. 2 %
. 1 %
. 1 %
. 2 %
92.9 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
500
January Property sales were 249 , up 0.8 % from 247 in January of 2017 and 17.5 % lower than the 302 sales last month . January
450
Property
2018 sales Sales were at a mid level compared to January of 2017 and
500
400
January
2016 . January Property YTD sales sales were of 249 249 , up are 0.8 running % from 247 0.8 % in ahead January of last
450 of year 2017 ' s and year-to-date 17.5 % lower sales than of the 247302 . sales last month . January
2018 sales were at a mid level compared to January of 2017 and
400
350
300
2016 . January YTD sales of 249 are running 0.8 % ahead of last
350
250
year ' s year-to-date sales of 247 .
300
200

Martin Agent County

Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
200
100
150
50
100
0
50
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 277,200 , up 10.0 %
Prices from $ 252,000 in January of 2017 and down 3.1 % from
The
$ 286,000 Median last Sales month Price . in The January Average was Sales $ 277,200 Price , up in 10.0 January % was
500 from
$ 375,947 $ 252,000 , up 6.4 in January % from $ of 353,472 2017 and in down January 3.1 % of from 2017 and down
F
M A M J
15
500
450
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$
8.0 286,000 % from last $ 408,847 month . The last Average month . Sales January Price 2018 in January ASP was was at the
450
$ highest 375,947 , level up 6.4 compared % from $ 353,472 to January in January of 2017 of and 2017 2016 and . down
400
8.0 % from $ 408,847 last month . January 2018 ASP was at the
400
350
highest level compared to January of 2017 and 2016 .
350
300
300 250
308 393 404 436
308 393 404 436 469 368 326 324 331 272 319 265 299 384 413 421 433 375 319 321 262 251 318 247 327 417 391 476 463 413 443 255 279 301 302 249
250
200
200
F
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
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
17 A M J
J
A S O N D
J
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 1,761 , of up Properties 5.6 % from available 1,668 last for sale month as of and down
2,500
January
18.1 % from was 1,761 2,150 , up in 5.6 January % from of 1,668 last year last . month January and 2018 down
2,500
2,000
18.1
Inventory % from 2,150 was at in its January lowest of level last compared year . January with 2018 January of 2017
2,000
Inventory and 2016 was . at its lowest level compared with January of 2017
1,500 and 2016 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 7.1 higher months MSI was is better at its lowest for buyers level . The compared January with 2018 January MSI of 7.1 of 2017 months and 2016 was
. at its lowest level compared with January of 2017 and 2016 .
500
0
500
2.0
0
0.0
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 J
15
16
17
18
15
16
17
18
2.0
0.0
2,170 2,082 1,998 1,891 1,793 1,780 469 368 326 324 331 272 319
Number of Properties Sold
2,170 2,082 1,998 1,891 1,793 1,780 1,737 1,754 1,875 1,856 1,824 1,965 1,996 2,006 1,973 1,938 1,861 1,875 1,843 1,874
265 299 384 413 421 433 375 319
1,737 1,754 1,875 1,856 1,824 1,965 1,996 2,006 1,973 1,938 1,861 1,875 1,843 1,874 1,948 2,019 1,997 321 262 251 318 247 327 417 391 476
2,150 2,148 2,120 2,063 1,996 1,952 1,867 1,756 1,668 1,691
463
1,948 2,019 1,997 2,150 2,148 2,120 2,063 1,996 1,952 1,867
413
1,720 1,668 1,761
3 Mo Avg
443 255 279 301
1,756 1,668 1,691 1,720 1,668 1,761
3 Mo Avg
302
249
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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