FL ARCHIVED February 2017 | Page 73

Market Action Report February 2017
Community Information | School District
Market Action Report February 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
$ 739,000
1 %
6 %
Average List Price of all Current Listings
$ 1,114,362
0 %
2 %
February Median Sales Price
$ 630,000
-1%
2 %
8 %
15 %
$ 630,000
11 %
15 %
February Average Sales Price
$ 766,058
-13%
1 %
7 %
5 %
$ 821,958
15 %
12 %
Total Properties Currently for Sale ( Inventory )
767
2 %
-3%
February Number of Properties Sold
61
9 %
3 %
117
6 %
February Average Days on Market ( Solds )
151 -15% -6%
29 %
16 %
164
21 %
26 %
Asking Price per Square Foot ( based on New Listings )
$ 421
1 %
-2%
0 %
1 %
$ 419
2 %
0 %
February Sold Price per Square Foot
$ 389
-5%
2 %
0 %
3 %
$ 399
3 %
6 %
February Month ' s Supply of Inventory
12.6
-7%
1 %
-6%
4 %
13.0
-9%
7 %
February Sale Price vs List Price Ratio
92.0 %
2.3 % 1.8 % -2.4% 1.4 %
91.0 %
-3%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
February Property sales were 61 , up 3.4 % from 59 in February
of 2016 and 8.9 % higher than the 56 sales last month . February
120
Property
2017 sales Sales were at a mid level compared to February of 2016 and
140
February
2015 . February Property YTD sales sales were of 61117 , up are 3.4 % running from 596.4 in % February ahead of last
100
of year 2016 ' s year-to-date and 8.9 % higher sales than of 110 the . 56 sales last month . February
2017 sales were at a mid level compared to February of 2016 and
120
80
2015 . February YTD sales of 117 are running 6.4 % ahead of last
100
year ' s year-to-date sales of 110 .
60
80
40
60
40
20
Number of Properties Sold
20
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
0
14
15
16
17
Prices
The Median Sales Price in February was $ 630,000 , up 7.7 %
Prices from $ 585,000 in February of 2016 and down 1.2 % from
The
$ 637,500 Median last Sales month Price . in The February Average was Sales $ 630,000 Price , in up February 7.7 % was
900 from
$ 766,058 $ 585,000 , up 6.9 in February % from $ of 716,751 2016 and in February down 1.2 % of from 2016 and down $ 637,500 last month . The Average Sales Price in February
850
13.2 % from $ 882,848 last month . February 2017 ASP was at
$ 766,058 , up 6.9 % from $ 716,751 in February of 2016 and down
800 the highest level compared to February of 2016 and 2015 .
13.2 % from $ 882,848 last month . February 2017 ASP was at
750 the highest level compared to February of 2016 and 2015 .
700
650
600
550
500
450
400
M
A M J
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
14
15
16
17
3 Mo Avg
900
Median Sales Price and Average Sales Price
850
3 Mo Avg
800
750
700
650
600
550
500
450
400
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
The
February Total Inventory was 767 , of up Properties 1.6 % from available 755 last for month sale as and of down 2.9 %
February from 790 was in 767 February , up 1.6 of % last from year 755 . last February month and 2017 down Inventory 2.9 % was
900 from at a 790 mid in level February compared of last with year February . of 2017 2016 Inventory and 2015 was .
800 at a mid level compared with February of 2016 and 2015 .
900
800
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
18.0
16.0
14.0
500
700 600 500
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 February 2017 MSI of 12.6 higher MSI is better for buyers . The February 2017 MSI of 12.6 200 months was at a mid level compared with February of 2016 and months was at a mid level compared with February of 2016 and 100 2015 . 2015 .
0

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

90 120 132 70 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 56 61
746
400 300 200 100 0
M 14
723 90 746 660
120 723
622 132 70
M A M J A J
14
62 64 62 63
585 660
549 622
546 585
588 549
608 546 637
588 660 608
J A S O N D J 15
40 637
65
678 670
46
660 647
678 637
670 595
647
572 529
637
542 595
563 572
529 631
542 674
563 770
631 790
674 817
786 770
737 790
700 817 662 786
651 737
663 700
685 662 747 651 748 663 755 685 767
747
J A S O N D J F M A M J F M A M J
15
Number of Properties Sold
73 86 92 82 111 61 56 75
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
59 43 64 51 59 64 74 86 83 60 47
12.0 10.0 8.0 6.0 4.0 2.0 0.0
J A S O N D J
J A S O N D J 17
3 Mo Avg
63
F
48 748
47 755
3 Mo Avg
67 767
F
17
56 61
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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