FL ARCHIVED January 2017 | Page 141

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 449,500
2 %
17 %
Average List Price of all Current Listings
$ 518,603
0 %
15 %
January Median Sales Price
$ 215,000
-32% -14% -30% -19%
$ 215,000
-30%
-19%
January Average Sales Price
$ 226,125
-44% -27% -23% -29%
$ 226,125
-23%
-29%
Total Properties Currently for Sale ( Inventory )
203
1 %
-7%
January Number of Properties Sold
30 -12%
-17%
30
-17%
January Average Days on Market ( Solds )
78
30 %
3 %
0 %
7 %
78
0 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 227
-5%
-1%
12 %
2 %
$ 227
12 %
2 %
January Sold Price per Square Foot
$ 167
-27% -16% -11% -16%
$ 167
-11%
-16%
January Month ' s Supply of Inventory
6.8
14 %
17 %
12 %
20 %
6.8
12 %
20 %
January Sale Price vs List Price Ratio
93.0 % -6.2% -. 2 % -. 2 %
. 1 %
93.0 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales January Property sales were 30 , down 16.7 % from 36 in January
of 2016 and 11.8 % lower than the 34 sales last month . January Property 2017 sales Sales were at their lowest level compared to January of 70
January 2016 and Property 2015 . sales January were YTD 30 , down sales 16.7 of 30 % are from running 36 January 16.7 % of behind 2016 and last 11.8 year %' s lower year-to-date than the 34 sales sales of 36 last . month . January 60 2017 sales were at their lowest level compared to January of 2016 and 2015 . January YTD sales of 30 are running 16.7 % 50 behind last year ' s year-to-date sales of 36 .
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
10
0
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
0
14
15
16
17
F
M A M J
Prices
14
The Median Sales Price in January was $ 215,000 , down 29.8 %
600
Prices from $ 306,250 in January of 2016 and down 32.3 % from
The
$ 317,500 Median last Sales month Price . in The January Average was Sales $ 215,000 Price , down in January 29.8 % was
550
600 from
$ 226,125 $ 306,250 , down in January 23.3 % from of 2016 $ 294,647 and down in January 32.3 % from of 2016 and
500
$ 317,500 last month . The Average Sales Price in January was
550 down 43.6 % from $ 400,904 last month . January 2017 ASP was
450
$ at 226,125 the lowest , down level 23.3 compared % from $ 294,647 to January in January of 2016 of and 20162015 and .
500
400 down 43.6 % from $ 400,904 last month . January 2017 ASP was
450 at the lowest level compared to January of 2016 and 2015 .
350
400
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
350
300
300
250
250
200
200
150
150
F
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
M
14 A 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
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
January Total Inventory was 203 , up of Properties 1.0 % from available 201 last for month sale as and of down 6.9 %
January from 218 was in 203 January , up 1.0 of % last from year 201 . last January month 2017 and Inventory down 6.9 % was
300 at
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
from its lowest 218 in level January compared of last year with . January 2017 of 2016 Inventory and 2015 was . at its lowest level compared with January of 2016 and 2015 .
250
200
10.0
8.0
200
150
8.0
6.0
150
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The January 2017 MSI of 6.8 higher months MSI was is better at its highest for buyers level . The compared January with 2017 January MSI of 6.8 of 2016
50 months and 2015 was
. at its highest level compared with January of 2016 and 2015 .
0
6.0
100
4.0
50
2.0
0
0.0
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 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
14
15
16
17
14
15
16
17
4.0
2.0
0.0
31 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 30
229 214
31 229 201
45 214
215 36 51 38 39 44 41 42
223 201
206 215
205 223
197 206
203 205 201
197 204
203
40 201
212
235 42 38
204 221
212 208
Number of Properties Sold
35 52 50 44 55 53 46 43 44 32
3 Mo Avg
235 199
221
192 176
208
161 199
166 192
166 176
176 161
166 196
166 218
176 251
196 275
218 258
248 251 241 275
236 258
212 248
196 241
190 236
200 212
201
196 203 190
38 36 22 36 58 50 62 45 53 44
200 36
201
3 Mo Avg
43
203 34 30
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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