FL ARCHIVED June 2017 | Page 58

Market Action Report June 2017
Community Information | School District
Market Action Report June 2017

City : Longboat Key

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
$ 690,000
1 %
-13%
Average List Price of all Current Listings
$ 1,228,961
-0%
-4%
June Median Sales Price
$ 677,500
23 %
4 %
6 %
6 %
$ 658,500
1 %
3 %
June Average Sales Price
$ 942,590
16 %
10 % -17%
-6%
$ 892,281
-21%
-11%
Total Properties Currently for Sale ( Inventory )
346 -11%
12 %
June Number of Properties Sold
50
2 %
-9%
248
-13%
June Average Days on Market ( Solds )
133
12 %
7 %
32 %
16 %
129
16 %
12 %
Asking Price per Square Foot ( based on New Listings )
$ 513
12 %
9 %
11 %
7 %
$ 456
-5%
-5%
June Sold Price per Square Foot
$ 439
4 %
1 %
-9%
-5%
$ 439
-9%
-5%
June Month ' s Supply of Inventory
6.9 -12% -9%
23 %
-33%
10.5
27 %
2 %
June Sale Price vs List Price Ratio
89.3 % 1.1 % -. 2 % -2.4% -2.8%
89.5 %
-3%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Longboat Agent Name Key Title Phone Website Other

Community Information | School District

Property Sales
90
June Property sales were 50 , down 9.1 % from 55 in June of 2016 and 2.0 % higher than the 49 sales last month . June 2017 sales
80
Number of Properties Sold
3 Mo Avg
Property were at a mid Sales level compared to June of 2016 and 2015 . June
90
70
June
YTD Property sales of sales 248 are were running 50 , down 13.3 9.1 % behind from 55 last in June year ' s of year-todate sales of 286 .
2016 and 2.0 % higher than the 49 sales last month . June 2017 sales
80
60
were at a mid level compared to June of 2016 and 2015 . June YTD sales of 248 are running 13.3 % behind last year ' s year-todate sales of 286 .
70
60
50
40
50
30
40
20
30
10
20
0
10
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in June was $ 677,500 , up 5.9 % from
1,400
Prices
$ 640,000 in June of 2016 and up 23.2 % from $ 550,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in June Price was in $ 677,500 June was , up $ 5.9 942,590 % from , down
1,300
1,400
$
17.5 640,000 % from in June $ 1,142,409 of 2016 in and June up of 23.2 2016 % from and $ up 550,000 16.4 % last from
1,200 month . The Average Sales Price in June $ 942,590 , down
1,300
$ 810,128 last month . June 2017 ASP was at a mid range
1,100
17.5 % from $ 1,142,409 in June of 2016 and up 16.4 % from
1,200 compared to June of 2016 and 2015 .
1,000
$ 810,128 last month . June 2017 ASP was at a mid range
1,100
900 compared to June of 2016 and 2015 .
1,000
800
900
700
800
600
700
500
600
500
400
400
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
J
A
14 S O N D
J
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 A
17 M J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of June
The was Total 346 , Inventory down 10.6 of % Properties from 387 available last month for and sale up as of 12.0 June % from was 309346 in , June down of 10.6 last % year from . 387 June last 2017 month Inventory and up was 12.0 at % its from highest
500
309 level in compared June of last with year June . of 2017 2016 Inventory and 2015 was . at its highest
400 level compared with June of 2016 and 2015 .
300
500
400
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25.0
20.0
30.0
25.0
20.0
15.0
A comparatively lower MSI is more beneficial for sellers while
200 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial June 2017 for sellers MSI while of 6.9 a higher months MSI was is better at its highest for buyers level . The compared June 2017 with MSI June of 6.9 of 2016 and
100 months
2015 . was at its highest level compared with June of 2016 and
2015 .
0
200
15.0
10.0
100
5.0
0
0.0
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
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
14
15
16
17
10.0
5.0
0.0
40 43 35 38 21 36 35 32 43 56 50 49 42 31 45 41 27 33 29 30 48 79 45 55 35 38 27 24 15 35 31 26 40 52 49 50
304 293
40 304 290
43 293
302 35 38 21 36 35 32 43
325 290
329 302
342 325
341 329
318 342 310 341
283 318
56 310
261
251 50 49
Number of Properties Sold
42 31 45 41 27
283 231
261 229
251
245 231 276 229
298
245 356
276 368
298 361 33 356 356
29 368 335
30 361 309
48 356 287
79 335 277
45
309
287 333
277
360 377 284
284 55 35 38 27 24 15 35
408
333 427 360 436 377 412
408 387
427 31 346
436 26
412 40
387
3 Mo Avg
52
346 49 50
58 | c o l d w e l l b a n k e r h o m e s . c o m
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 .