Market Action Report
City: Marco Island
Marco Island
Agent Name
Market Action Report
City: Marco Island
January 2018
Title
Phone
Agent
Name
Website
Title Other
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
$749,500
-0%
7%
Other
$1,080,623 Trending
0% versus*:
-0%
Month
LM -16%
L3M -7%
PYM -25%
LY
$488,750
$749,500
-0% 6% -1%
7% -9%
$809,170
$1,080,623 653
0% 1%
-0% -18%
$488,750 -16%
-7%
-25%
-11%
44 -30%
-23%
$809,170 173
6% 10%
-1% 1%
-9% -2%
9%
653 1%
-18%
$465 12% 5% 14%
44 -30%
-23%
$395 4% 2% -4%
173 10% 1% -2% 24%
14.8 45% 15% 6%
$465 12% 5% 14% 12%
89.8% -.3% -.1% -.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 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
Trending versus*:
Prior YTD -25%
Prior Year -11%
-11% YTD
$488,750
9%
$809,170
-9%
9%
$488,750
$809,170
24%
12%
5%
20%
-.8%
-25%
-11%
44 -23%
-9%
173
-2% 9%
$465
44 -23%
$395
173
-2%
14.8
$465
14%
89.8%
24%
12%
5%
20%
-1%
14%
-4%
24%
6%
12%
-0%
$395 4% 2% -4% 5%
$395
-4%
5%
14.8 45% 15% 6% 20%
14.8
6%
20%
of 89.8%
Properties
89.8% -.3% -.1% -.1% Number
-.8%
-0% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
120
January Property sales were 44, down 22.8% from 57 in January
of 2017 and 30.2% lower than the 63 sales last month. January
100
Property
2018 sales Sales
were at their lowest level compared to January of 120
January
Property
sales
were
44,
down
22.8%
from
57
in
January
2017 and 2016. January YTD sales of 44 are running 22.8%
80
of behind
2017 and
than the sales
63 sales
last month. January
last 30.2%
year's lower
year-to-date
of 57.
100
Prices
86
16
18 3 Mo Avg
17
Median Sales Price and Average Sales Price
48
15
The Median Sales Price in January was $488,750, down 24.8%
1,000
Prices
from $650,000 in January of 2017 and down 15.7% from
The
Median last
Sales month.
Price in The
January
was Sales
$488,750,
24.8% was
$580,000
Average
Price down
in January
1,000 900
from
$650,000
in January
of 2017
and down
15.7% from
$809,170,
down
8.8% from
$887,184
in January
of 2017 and up
$580,000
last
month. The
Price
in January
was
6.5% from
$760,010
last Average
month. Sales
January
2018
ASP was
at a 900 800
$809,170,
down
8.8% from
$887,184
January
of 2017 and up
mid range
compared
to January
of in
2017
and 2016.
6.5% from $760,010 last month. January 2018 ASP was at a
800 700
mid range compared to January of 2017 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 N D J
15
16
17
18
F M A M J J A S O N
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
Median
0
0
20 20
40
40
60
3 Mo Avg
60
80
2018 sales were at their lowest level compared to January of
2017 and 2016. January YTD sales of 44 are running 22.8%
behind last year's year-to-date sales of 57.
Number of Properties Sold
3 Mo Avg
700 600
600 500
500 400
400
Inventory & MSI
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
F M 15
A M J J A S O N D J