FL ARCHIVED February 2017 | Page 211

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

City : Navarre

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
$ 279,000
-2%
10 %
Average List Price of all Current Listings
$ 362,991
-2%
20 %
February Median Sales Price
$ 243,778
14 %
8 %
9 %
11 %
$ 226,900
4 %
3 %
February Average Sales Price
$ 291,223
23 %
14 %
22 %
21 %
$ 263,366
15 %
10 %
Total Properties Currently for Sale ( Inventory )
384
-5%
-38%
February Number of Properties Sold
86
-3%
-9%
175
-6%
February Average Days on Market ( Solds )
106
29 %
25 %
-5%
19 %
94
-14%
6 %
Asking Price per Square Foot ( based on New Listings )
$ 135
-1%
-1%
5 %
2 %
$ 136
7 %
3 %
February Sold Price per Square Foot
$ 139
11 %
8 %
19 %
15 %
$ 131
15 %
8 %
February Month ' s Supply of Inventory
4.5
-2%
8 %
-32%
5 %
4.5
-31%
6 %
February Sale Price vs List Price Ratio
95.9 %
-. 4 % -1.5% . 7 %
-1.0%
96.1 %
1 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
200
February Property sales were 86 , down 8.5 % from 94 in
February of 2016 and 3.4 % lower than the 89 sales last month .
180
Property
February 2017 Sales sales were at their lowest level compared to
200
160
February Property of 2016 sales and 2015 were . 86 February , down 8.5 YTD % from sales 94 of in 175 are
February running of 6.4 2016 % behind and 3.4 last % lower year ' s than year-to-date the 89 sales sales last of month 187 . .
February 2017 sales were at their lowest level compared to
180
160
140
120
February of 2016 and 2015 . February YTD sales of 175 are
140
100
running 6.4 % behind last year ' s year-to-date sales of 187 .
120
80
100

Navarre

Agent Name
60
Number of Properties Sold
80
40
60
20
40
0
20
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 $ 243,778 , up 8.8 %
M
A M J
14
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
3 Mo Avg
Prices from $ 224,028 in February of 2016 and up 14.4 % from
The
$ 213,000 Median last Sales month Price . in The February Average was Sales $ 243,778 Price , in up February 8.8 % was from
$ 291,223 $ 224,028 , up 22.5 in February % from of $ 237,745 2016 and in up February 14.4 % from of 2016 and up
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$
23.2 213,000 % from last $ month 236,447 . The last Average month Sales . February Price in 2017 February ASP was at
$ 291,223 , up 22.5 % from $ 237,745 in February of 2016 and up
270 the highest level compared to February of 2016 and 2015 .
23.2 % from $ 236,447 last month . February 2017 ASP was at
250
250
230
the highest level compared to February of 2016 and 2015 .
230
210
210 190
190 170
86 93 115
Title Phone Website Other

Community Information | School District

108 136 141
86 93 115 108 136 141 104 149 78 83 71 92 113 112 134 152 161 104 129 117 79 135 93 94 144 121 132 175 170 152 135 123 131 134 89 86
170 150 150
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 384 , of down Properties 5.4 % from available 406 for last sale month as of and down 1,000
14.0
February 37.6 % from was 615 384 , in down February 5.4 % from of last 406 year last . February month and 2017 down 1,000
14.0 12.0 800
37.6 Inventory % from 615 was in at February its lowest of level last year compared . February with 2017 February of 12.0
800 10.0
Inventory 2016 and was 2015 at . its lowest level compared with February of 600
10.0 2016 and 2015 .
8.0 600
8.0 400
6.0
A comparatively lower MSI is more beneficial for sellers while a 400 6.0
4.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2017 MSI while of a 4.5 200
4.0 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 4.5 of 2016 200
2.0 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
104 149 78 83 71
822 884 875 875 870 825 772 790 776 785 820 818 855 857 819 841
783
Number of Properties Sold
92 113 112 134 152
822 884 875 875 870 825 772 790 776 785 820 818 855 857 819 841
783
161 104 129 117 79 135
709 674 679 651 616 600 615 591 566 93 94 144 121 132
709 674 679 651 616 600 615 591 566 594 587
175 170
594
587 524 510 499 505 488 453
152
3 Mo Avg
135
406 384
123
524 510 499 505 488 453
131
3 Mo Avg
134
406
384 89 86
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 Ass 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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