FL ARCHIVED March 2018 | Page 140

Market Action Report March 2018
Community Information | School District
Market Action Report March 2018

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
$ 739,950
2 %
6 %
Average List Price of all Current Listings
$ 1,053,042
0 %
1 %
March Median Sales Price
$ 547,500
-20% -4%
4 %
0 %
$ 569,500
-4%
4 %
March Average Sales Price
$ 655,533
-11% -10% -3%
-12%
$ 718,741
-6%
-4%
Total Properties Currently for Sale ( Inventory )
696
1 %
-15%
March Number of Properties Sold
78
37 %
-10%
180
-13%
March Average Days on Market ( Solds )
142
11 %
-4%
4 %
2 %
144
-5%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 455
8 %
4 %
17 %
10 %
$ 446
12 %
8 %
March Sold Price per Square Foot
$ 366
-2%
-3%
2 %
-2%
$ 375
-2%
0 %
March Month ' s Supply of Inventory
8.9 -26% -25% -5%
-28%
12.0
-2%
-4%
March Sale Price vs List Price Ratio
91.8 %
1.7 % 1.2 %
. 9 %
1.4 %
90.9 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
120
March Property sales were 78 , down 10.3 % from 87 in March of
2017 and 36.8 % higher than the 57 sales last month . March
Property
2018 sales Sales were at a mid level compared to March of 2017 and
120
100
March
2016 . Property March YTD sales sales were of 78180 , down are 10.3 running % from 12.6 87 % in behind March of last
2017 year and ' s year-to-date 36.8 % higher sales than of the 206 57 . sales last month . March
100
2018 sales were at a mid level compared to March of 2017 and
80
2016 . March YTD sales of 180 are running 12.6 % behind last year ' s year-to-date sales of 206 .
80
60
60
40

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

40
Number of Properties Sold
20
0
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
0
15
16
17
18
A
M J
Prices
15
The Median Sales Price in March was $ 547,500 , up 4.3 % from
1,000
Prices
$ 525,000 in March of 2017 and down 20.1 % from $ 685,000
The last Median month Sales . The Price Average in March Sales was Price $ 547,500 in March , up was 4.3 $ % 655,533 from ,
1,000
900
$ down 525,000 3.0 in % March from $ of 676,085 2017 and in down March 20.1 of 2017 % from and $ 685,000 down 10.8 %
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last from month $ 734,531 . The Average last month Sales . March Price in 2018 March ASP was was $ 655,533 at a mid , range
900 down compared 3.0 % from to March $ 676,085 of 2017 in March and 2016 of 2017 . and down 10.8 %
800
from $ 734,531 last month . March 2018 ASP was at a mid range
800
700
compared to March of 2017 and 2016 .
700
600
600
20
92 82 111 61 56 75 59 44 64 51 59 65 74 86 83 60 47 63 48 47 67 57 62 87 89 95 85 54 53 26 50 47 63 45 57 78
500 400
400 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
15 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 F M
18
15 16
17 18
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 696 , Inventory up 1.5 % from of Properties 686 last available month and for down sale as 14.7 of March % from 900
30.0 was 816696 in , March up 1.5 % of from last year 686 . last March month 2018 and Inventory down 14.7 % was from at its 900 800 30.0
25.0 816 lowest in March level of compared last year . with March March 2018 of Inventory 2017 and was 2016 at . its 800 700
25.0 lowest level compared with March of 2017 and 2016 .
700 600 20.0
600 500 20.0
500 15.0
400 15.0
A comparatively lower MSI is more beneficial for sellers while
400 a 300
10.0
A comparatively lower MSI is more beneficial for sellers while a 300
10.0 higher MSI is better for buyers . The March 2018 MSI of 8.9 200 higher MSI is better for buyers . The March 2018 MSI of 8.9 200
5.0 months was at its lowest level compared with March of 2017 and 100
5.0 months was at its lowest level compared with March of 2017 and 100 , Flagler County Association 2016 . of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association 0 , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estate 0.0 activity . C
2016 . 0
0.0 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 J A S O N D J F M 15
16 17
18 15
16 17
18
652
500
642 92 652 601
82 642
579 111 61 56 75 59
537 601
550 579
570 537
550 640
570 684
44 64
640
781 803 684
781 51
830 802
59
Number of Properties Sold
65 74 86 83 60 47 63 48 47 67
3 Mo Avg
803 753
830 716
802 679
753
672 690
716
717 679
672 779
690 784
801 717
828 779
816 784
795 801
732 828
710 816
682 795 687 732
651 710
647 682
651 687
655 651
672 647
686 651 696 655
57 62 87 89 95 85 54 53 26 50 47
672 63 686
3 Mo Avg
45
696 57 78
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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