FL ARCHIVED February 2017 | Page 141

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

City : Cocoa Beach

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
$ 439,000
-2%
16 %
Average List Price of all Current Listings
$ 514,833
-0%
15 %
February Median Sales Price
$ 300,000
40 %
13 %
38 %
13 %
$ 250,600
-11%
-5%
February Average Sales Price
$ 411,509
85 %
21 %
51 %
29 %
$ 322,599
13 %
1 %
Total Properties Currently for Sale ( Inventory )
213
3 %
-15%
February Number of Properties Sold
35
13 %
59 %
66
14 %
February Average Days on Market ( Solds )
78
-5%
8 %
37 %
5 %
80
14 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 240
8 %
3 %
5 %
8 %
$ 232
6 %
4 %
February Sold Price per Square Foot
$ 197
19 %
-2%
15 %
-1%
$ 183
1 %
-8%
February Month ' s Supply of Inventory
6.1
-9%
-3% -47%
7 %
6.4
-27%
12 %
February Sale Price vs List Price Ratio
92.9 %
. 3 % -1.5% 3.9 %
-. 0 %
92.8 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 35 , up 59.1 % from 22 in February
of 2016 and 12.9 % higher than the 31 sales last month . February Property 2017 sales Sales were at their highest level compared to February of 70
February 2016 and Property 2015 . February sales were YTD 35 , up sales 59.1 of % 66 from are 22 running February 13.8 % of ahead 2016 and of last 12.9 year % higher ' s year-to-date than the 31 sales sales of last 58 . month . February 60 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 66 are running 13.8 % 50 ahead of last year ' s year-to-date sales of 58 .
40

Cocoa Agent Beach

Name
Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
0
10 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
0 14 15
16 17
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in February was $ 300,000 , up 37.9 %
600
Prices from $ 217,500 in February of 2016 and up 39.5 % from Median Sales Price and Average Sales Price
3 Mo Avg
The $ 215,000 Median last Sales month Price . in The February Average was Sales $ 300,000 Price , in up February 37.9 % was 550
600 from $ 411,509 $ 217,500 , up 51.3 in February % from of $ 271,935 2016 and in up February 39.5 % from of 2016 and up 500 $ 215,000 last month . The Average Sales Price in February 550
85.2 % from $ 222,217 last month . February 2017 ASP was at a 450 $ mid 411,509 range , up compared 51.3 % from to $ February 271,935 in of February 2016 and of 2015 2016 . and up 500
400
85.2 % from $ 222,217 last month . February 2017 ASP was at a 450 mid range compared to February of 2016 and 2015 .
350 400
300
350 300
250
250 200
200 150
150 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
14 M J J A 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
17
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 213 , of up Properties 2.9 % from available 207 last for month sale as and of down 300
14.0
February 15.5 % from was 252 213 , in up February 2.9 % from of 207 last last year month . February and down 2017 300 14.0
250 12.0
15.5 Inventory % from 252 was in at February its lowest of level last year compared . February with 2017 February of 250 12.0
10.0 Inventory 2016 and was 2015 at . its lowest level compared with February of 200
10.0 2016 and 2015 .
200 8.0
150 8.0
150 6.0
A comparatively lower MSI is more beneficial for sellers while a 100 6.0
A comparatively lower MSI is more beneficial for sellers while a 100
4.0 higher MSI is better for buyers . The February 2017 MSI of 6.1
4.0 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 6.1 50 of 2016
2.0 50 months was at its lowest level compared with February of 2016 2.0 and 2015 . 0
0.0 and 2015 .
0
0.0 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 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 14
15 16
17 14
15 16
17
45 36 51 38 39 44 41 42 40 42 38 35 52 50 44 55 53 46 43 44 32 38 36 22 36 58 50 62 45 53 44 36 43 34 31 35
214
45 36
201
215 214
223 201 51 215 207
38 223 206
39 207 198
44 206 204
41 198 202
42 204 205
40 202
212 42
235 205 221 38 35
Number of Properties Sold
52 50 44 55 53 46 43 44 32
3 Mo Avg
212 208
235 199
221 192
208
176 161
199
166 192
166 176
176 161
166 196
166 218
176 252
196 276
218 259
249 252
242 276 237 259
214 249
199 242
194 237
201 214
204
199 207 194 213
201
38 36 22 36 58 50 62 45 53 44 36
204 43
207
3 Mo Avg
34
213 31 35
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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