FL ARCHIVED June 2017 | Page 71

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

City : Marco Island

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
$ 725,000
0 %
1 %
Average List Price of all Current Listings
$ 1,075,605
0 %
-4%
June Median Sales Price
$ 510,000
-14% -9%
-3%
-7%
$ 580,000
7 %
5 %
June Average Sales Price
$ 671,906
-12% -6% -18%
-8%
$ 743,650
4 %
1 %
Total Properties Currently for Sale ( Inventory )
666
-5%
-6%
June Number of Properties Sold
81 -14%
-2%
469
12 %
June Average Days on Market ( Solds )
112
-3%
-8% -14% -14%
132
11 %
2 %
Asking Price per Square Foot ( based on New Listings )
$ 429
1 %
5 %
2 %
4 %
$ 410
0 %
-1%
June Sold Price per Square Foot
$ 359
-3%
-2%
-7%
-5%
$ 377
-1%
0 %
June Month ' s Supply of Inventory
8.2
11 %
1 %
-4%
-33%
10.1
-13%
-19%
June Sale Price vs List Price Ratio
90.2 %
-. 3 % -. 4 %
. 7 %
-. 6 %
90.6 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
June Property sales were 81 , down 2.4 % from 83 in June of
2016 and 13.8 % lower than the 94 sales last month . June 2017
Property sales were Sales at their lowest level compared to June of 2016 and
120
100
June
2015 Property . June YTD sales sales were of 81469 , down are 2.4 running % from 12.5 83 in % June ahead of of last
2016 year and ' s year-to-date 13.8 % lower sales than of the 417 94 . sales last month . June 2017
100 sales were at their lowest level compared to June of 2016 and
80
2015 . June YTD sales of 469 are running 12.5 % ahead of last year ' s year-to-date sales of 417 .
80
60
60
40

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

40
Number of Properties Sold
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
0
14
15
16
17
Prices
The Median Sales Price in June was $ 510,000 , down 2.9 % from
Prices
$ 525,000 in June of 2016 and down 13.9 % from $ 592,500 last
The month Median . The Sales Average Price Sales in June Price was in $ 510,000 June was , down $ 671,906 2.9 % , from down
900
$
17.5 525,000 % from in June $ 814,659 of 2016 in June and down of 2016 13.9 and % from down $ 592,500 12.2 % from last month . The Average Sales Price in June $ 671,906 , down
850
$ 764,900 last month . June 2017 ASP was at a mid range
17.5 % from $ 814,659 in June of 2016 and down 12.2 % from
800 compared to June of 2016 and 2015 .
$ 764,900 last month . June 2017 ASP was at a mid range
750 compared to June of 2016 and 2015 .
700
650
600
550
500
450
J
A S O N D
J
F M
AMedian M J
J ASales S O NPrice D
J Fand M AAverage M J
J
A Sales S O N Price D
J
F M A M J
14
15
16
17
900
Median Sales Price and Average Sales Price
850
3 Mo Avg
800
750
700
650
600
550
500
450
400
3 Mo Avg
400
Inventory & MSI
Inventory
The Total Inventory & MSI of Properties available for sale as of June
The was Total 666 , Inventory down 4.6 of % Properties from 698 last available month for and sale down as of 6.2 June % from was 710666 in , June down of 4.6 last % year from . 698 June last 2017 month Inventory and down was 6.2 at % a from mid level
900
710 compared in June of with last June year . of June 20162017 and Inventory 2015 . was at a mid level
800
900
800
700
compared with June of 2016 and 2015 .
700
600
600
500
500
400
A comparatively lower MSI is more beneficial for sellers while
400 a
A comparatively lower MSI is more beneficial for sellers while a
300 higher MSI is better for buyers . The June 2017 MSI of 8.2 higher MSI is better for buyers . The June 2017 MSI of 8.2
200 months was at a mid level compared with June of 2016 and months was at a mid level compared with June of 2016 and
100
2015 .
2015 .
0
300
200
100
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
14
15
14
15
20
62 64 62 63 40 65 46 73 86 92 82 111 61 56 75 59 43 64 51 59 64 74 86 83 60 47 63 48 47 67 57 62 87 88 94 81
J 14
585
62 64
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
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
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
549
546 585
588 549 62 63 40 65 46 73 86
608 546
637 588
660 608
678 637
670 660 648 678
639
670 648
92
597 575
82
Number of Properties Sold
111 61 56 75 59
639 532
597 545
575 566 532 634 545
679
566 775
634 797
679 824
795 775
746 797
710 824
673 795
664 746
681 710
706 673 664
768 773 681 787 706 809
768 792
773 766
787 698
809 666
792
J A S O N D J F M A M J F M A M J 16
J A S O N D J
16
43 64 51 59 64 74 86 83 60 47
J A S O N D J F M A M J
17
J A S O N D J
17
63 48 47 67
3 Mo Avg
57 62 87
18.0 16.0 14.0
766 698
88
666
12.0 10.0 8.0 6.0 4.0 2.0 0.0 F M A M J
3 Mo Avg
94 81
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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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