FL ARCHIVED February 2017 | Page 153

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

County : Martin

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
$ 409,925
0 %
3 %
Average List Price of all Current Listings
$ 856,060
4 %
22 %
February Median Sales Price
$ 280,000
7 %
4 %
1 %
2 %
$ 268,000
-4%
-3%
February Average Sales Price
$ 389,813
9 %
0 %
10 %
3 %
$ 375,159
4 %
-1%
Total Properties Currently for Sale ( Inventory )
1,986
0 %
-5%
February Number of Properties Sold
295
22 %
-1%
537
-5%
February Average Days on Market ( Solds )
88
4 %
6 %
-6%
-1%
87
-5%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 214
1 %
1 %
9 %
10 %
$ 213
12 %
9 %
February Sold Price per Square Foot
$ 166
-2%
-2%
1 %
1 %
$ 168
4 %
2 %
February Month ' s Supply of Inventory
6.7 -18% -4%
-4%
13 %
7.5
2 %
25 %
February Sale Price vs List Price Ratio
93.2 %
. 2 %
. 3 %
. 2 %
. 4 %
93.1 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
February Property sales were 295 , down 1.3 % from 299 in
February of 2016 and 21.9 % higher than the 242 sales last
450
Property month . February Sales 2017 sales were at their lowest level compared
500
400
February to February Property of 2016 sales and were 2015 295 . , February down 1.3 % YTD from sales 299 of in 537 are
450
February running of 4.8 2016 % behind and 21.9 last % year higher ' s year-to-date than the 242 sales last of 564 . month . February 2017 sales were at their lowest level compared
400
350
300
to February of 2016 and 2015 . February YTD sales of 537 are
350
250
running 4.8 % behind last year ' s year-to-date sales of 564 .
300
200

Martin Agent County

Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
200
100
150
50
100
0
50
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
Prices
The Median Sales Price in February was $ 280,000 , up 0.9 %
Prices from $ 277,500 in February of 2016 and up 6.6 % from $ 262,750
The last Median month Sales . The Price Average in February Sales Price was in $ 280,000 February , up was 0.9 $ % 389,813 ,
450 from up 10.4 $ 277,500 % from in $ February 352,988 of in 2016 February and up of 2016 6.6 % from and up $ 262,750 9.1 % from
M
A M J
14
450
400
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last
$ 357,296 month . last The month Average . February Sales Price 2017 in February ASP was was at the $ 389,813 highest , up level 10.4 compared % from $ 352,988 to February in February of 2016 of and 2016 2015 and . up 9.1 % from
400
350
$ 357,296 last month . February 2017 ASP was at the highest
level compared to February of 2016 and 2015 .
350
300
300
250
294 376 402 347 347
294 376 402 347 347 353 333 306 269 347 281 308 393 404 435 469 368 326 324 331 272 317 265 299 381 413 420 433 375 319 319 262 248 312 242 295
250 200
200 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 1,986 of , Properties up 0.1 % from available 1,984 for last sale month as of and down 3,000
10.0
February 4.8 % from was 2,087 1,986 , in up February 0.1 % from of 1,984 last year last . month February and 2017 down 3,000 10.0
2,500 8.0
4.8 Inventory % from 2,087 was at in its February lowest of level last compared year . February with February 2017 of 2,500
8.0 Inventory 2016 and was 2015 at . its lowest level compared with February of 2,000 2016 and 2015 .
2,000 6.0
1,500 6.0
1,500 4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
4.0 A comparatively lower MSI is more beneficial for sellers while a 1,000 higher MSI is better for buyers . The February 2017 MSI of 6.7 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 6.7 500
2.0 of 2016 500
2.0 months and 2015 was . at its lowest level compared with February of 2016
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
2,644 2,566 2,515 2,419 2,317 2,256 2,225
353
2,250 333 306 269 347 281
2,225 2,165 2,237 2,255 2,138 2,057 1,922 1,857 1,835
Number of Properties Sold
308
2,644 2,566 2,515 2,419 2,317 2,256 2,225 2,250 2,225 2,165 2,237 2,255
393 404 435 469 368 326 324 331 272 317 265 299 381 413 420 433 375 319
1,789 1,801 1,911 1,892 1,848 2,013 2,087 2,060 2,057 1,962 1,863 1,866 1,823 1,844 1,899 1,926 1,892 1,984 1,986
3 Mo Avg
2,138 2,057 1,922 1,857 1,835 1,789 1,801 1,911 1,892 1,848 2,013 2,087 2,060 2,057 1,962 1,863 1,866 1,823 1,844 1,899 1,926 1,892
319 262 248
3 Mo Avg
312
1,984
1,986 242 295
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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