FL ARCHIVED January 2018 | Page 58

Market Action Report
Longboat Key
City: Longboat Key
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
January 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$659,500
-6%
-9%
Other
$1,217,758 Trending
-7% versus*: 0%
Month
LM -2%
L3M 2%
PYM -2%
LY
$660,000
$659,500
-6% 10% -2%
-9% -2%
$856,517
$1,217,758 348
-7% 4%
0% -15%
$660,000 -2%
2%
-2%
4%
29 -19%
-6%
$856,517 10%
-2%
-2%
0%
93 -41% -34% -4%
348 4%
-15%
$484 4% 3% 11%
29 -19%
-6%
$445 6% 1% -5%
93 -41% -34% -4% -32%
12.0 29% 14% -9%
$484 4% 3% 11% 5%
93.5% 3.7% 1.9% 3.1%
Average List Price of all Current Listings
Market
Trends
Overview
January Profile
Median & Sales
Price
Median
List
Price of Sales
all Current
January
Average
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
January
Sales
Price
January Median
Number
of Properties
Sold
January Average Sales Price
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
January Number of Properties Sold
January Sold Price per Square Foot
January Average Days on Market (Solds)
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sale Price vs List Price Ratio
January Sold Price per Square Foot
January Month's Supply of Inventory
January Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
400
Median Sales Price and Average Sales Price
24
18 3 Mo Avg
17
3 Mo Avg
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
18
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
30.0
30.0
300
200
A comparatively lower MSI is more beneficial for sellers while 200
a
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 12.0
100
higher
MSI
is better
for buyers.
January with
2018
MSI of 12.0
months
was
at its lowest
level The
compared
January
of 2017 100
months
was at its lowest level compared with January of 2017
0
and 2016.
0
and 2016.
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
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
15
16
17
15
16
17
18
58 | c
45
16
300
3 Mo Avg
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 17
A M J J A S O N D J
15
16
17
18
The Total Inventory
Inventory
& MSI of Properties available for sale as of
500
January
was 348, up
3.6% from available
336 last for
month
and
The
Total Inventory
of Properties
sale as
of down 14.7%
from 408
January
of last
January
2018
January
was in 348,
up 3.6%
from year.
336 last
month
and Inventory
down 14.7% was 500
400
from
in January
of last year.
January
2018
Inventory
was
at its 408
lowest
level compared
with
January
of 2017
and 2016.
at its lowest level compared with January of 2017 and 2016.
3 Mo Avg
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
15
16
17
18
F M A M J J A S O N Median
D J F M Sales
A M J Price
J A S and
O N Average
D J F M Sales
A M J Price
J A S O N D J
15
400
0
The Median Sales Price in January was $660,000, down 2.2%
1,400
Prices
from $675,000 in January of 2017 and down 1.9% from
1,300
The
Median last
Sales
Price in The
January
was Sales
$660,000,
2.2% was
$672,500
month.
Average
Price down
in January
1,400
from
$675,000
in January
of 2017
and down
1.9% from
$856,517,
down
2.2% from
$876,232
in January
of 2017 and up 1,200
$672,500
last $781,429
month. The
Price 2018
in January
was at a 1,300 1,100
9.6% from
last Average
month. Sales
January
ASP was
$856,517,
down
2.2% from
$876,232
January
of 2017 and up 1,200 1,000
mid range
compared
to January
of in
2017
and 2016.
1,100
9.6% from $781,429 last month. January 2018 ASP was at a
900
1,000
mid range compared to January of 2017 and 2016.
800
900
700
800
600
700
500
600
500 400
Inventory & MSI
-32%
5%
2%
16%
4%
.
Copyright
© Coldwell
Banker Residential
Real Estate
/ Coldwell Banker
United,
Realtors | Range:
Price Range:
All | Property
Types:
S FH - Con
Copyright
© Coldwell
Banker
Coldwell
Realtors
All | Property
Types: SFH
- Con
o
l d Residential
w e l Real
l b Estate
a n / k
e r Banker
h o United,
mes
c o | Price
m
25.0
Prices
10
20
30
40 40
50
0
5%
$484
29
-6%
2%
$445
93
-4%
16%
12.0
$484
11%
3.9%
93.5%
-6% 4%
-4% 0%
11%
-5%
-32%
-9%
5%
3%
60
50
10
-2%
29
-2%
93
70
60
20
$660,000
$856,517
-32%
4%
0%
-2%
Number of Properties Sold
80
70
30
$856,517
90
2018 sales were at their lowest level compared to January of
2017 and 2016. January YTD sales of 29 are running 6.5%
behind last year's year-to-date sales of 31.
Trending versus*:
YTD
Prior YTD -2%
Prior Year
$660,000
4%
0%
$445 6% 1% -5% 2%
$445
-5%
2%
12.0 29% 14% -9% 16%
12.0
-9%
16%
Number of 93.5%
Properties
93.5% 3.7% 1.9% 3.1% 3.9%
3% Sold 4%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Property sales were 29, down 6.5% from 31 in January
of 2017 and 19.4% lower than the 36 sales last month. January
Property
2018 sales Sales
were at their lowest level compared to January of 90
January
Property
were YTD
29, down
31 in January
2017 and
2016. sales
January
sales 6.5%
of 29 from
are running
6.5%
80
of behind
2017 and
than the 36
sales
last month. January
last 19.4%
year's lower
year-to-date
sales
of 31.
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
City: Longboat Key
January 2018
20.0
15.0
10.0
5.0
0.0
25.0
20.0
15.0
10.0
5.0
0.0
N D J
18
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.