Market Action Report
City: Cocoa Beach
Cocoa Beach
June 2017
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for June was 68, down 29.2% from 96
days last month and down 18.1% from 83 days in June of last
year. The June 2017 DOM was at its lowest level compared with
June of 2016 and 2015.
3 Mo Avg
160
140
120
100
87
83
80
68
60
40
20
0
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 M J
14
15
16
17
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
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
more normalized indicator on the direction of Property values.
The June 2017 Selling Price per Square Foot of $214 was down
0.1% from $214 last month and up 15.2% from 186 in June of last
year.
3 Mo Avg
240
214
220
194
200
186
180
160
140
120
100
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 M J
14
15
16
17
Selling Price versus Listing Price Ratio
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 June 2017 Selling Price vs Original List
Price of 93.8% was up from 92.6