FL ARCHIVED January 2017 | Page 211

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 284,700
5 %
14 %
Average List Price of all Current Listings
$ 371,072
4 %
24 %
January Median Sales Price
$ 212,200
-7%
-6%
4 %
-4%
$ 212,200
4 %
-4%
January Average Sales Price
$ 234,624
-8%
-5%
7 %
-2%
$ 234,624
7 %
-2%
Total Properties Currently for Sale ( Inventory )
391 -13%
-35%
January Number of Properties Sold
82 -39%
-12%
82
-12%
January Average Days on Market ( Solds )
83
-5%
4 %
-23%
-7%
83
-23%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 138
-1%
1 %
10 %
5 %
$ 138
10 %
5 %
January Sold Price per Square Foot
$ 124
-2%
-1%
12 %
2 %
$ 124
12 %
2 %
January Month ' s Supply of Inventory
4.8
42 %
20 % -26%
13 %
4.8
-26%
13 %
January Sale Price vs List Price Ratio
96.0 % -2.4% -1.7% . 5 %
-. 9 %
96.0 %
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
January Property sales were 82 , down 11.8 % from 93 in January of 2016 and 38.8 % lower than the 134 sales last month . January
180
Property
2017 sales Sales were at a mid level compared to January of 2016 and
200
160
January
2015 . January Property YTD sales sales were of 82 82 , down are running 11.8 % from 11.893 % in behind January last
180 of year 2016 ' s year-to-date and 38.8 % lower sales than of 93 the . 134 sales last month . January
2017 sales were at a mid level compared to January of 2016 and
160
140
120
2015 . January YTD sales of 82 are running 11.8 % behind last
140
100
year ' s year-to-date sales of 93 .
120
80
100

Navarre

Agent Name
60
Number of Properties Sold
80
40
60
20
40
0
20
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
Prices
The Median Sales Price in January was $ 212,200 , up 3.5 % from
F
M A M J
14
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
3 Mo Avg
Prices
$ 205,000 in January of 2016 and down 7.4 % from $ 229,250
The last Median month Sales . The Price Average in January Sales Price was $ in 212,200 January , up was 3.5 $ % 234,624 from ,
$ up 205,000 7.3 % from in January $ 218,637 of 2016 in January and down of 7.4 2016 % from and down $ 229,250 8.5 % from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 256,355 month . last The month Average . January Sales Price 2017 in January ASP was was at the $ 234,624 highest , level up 7.3 % from $ 218,637 in January of 2016 and down 8.5 % from
270 compared to January of 2016 and 2015 .
$ 256,355 last month . January 2017 ASP was at the highest level
250
250
230
compared to January of 2016 and 2015 .
230
210
210 190
190 170
69
69 86 93 115 108 136 141 104 149 78 83 71 92 113 112 134 152 161 104 129 117 79 135 93 94 144 121 132 175 170 152 134 123 129 134 82
170 150 150
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
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The January Total Inventory was 391 , down of Properties 12.9 % from available 449 for last sale month as of and down 1,000
14.0
January 34.6 % from was 391 598 , down in January 12.9 % from of last 449 year last . January month and 2017 down Inventory 1,000
14.0 12.0 800
34.6 was % at from its lowest 598 in level January compared of last year with . January 2017 of 2016 Inventory and 2015 . 12.0
800 10.0 was at its lowest level compared with January of 2016 and 2015 . 600
10.0 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 January for 2017 sellers MSI while of a 4.8 200
4.0 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 4.8 of 2016 200
2.0 months was at its lowest level compared with January of 2016 2.0 and 2015 . 0
0.0 and 2015 .
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
793 821
86 93
Title Phone Website Other

Community Information | School District

115 108 136 141 104
883 874 874 870 825 772 790 776
149 78 83
Number of Properties Sold
71 92 113 112 134 152
793
821 883 874 874 870 825 772 790 776 785 820 818 855 857 819 841
783
785 820 818 855 857 819 841
783 708 673 678 161 104 129 117 79 135 93 94 144 121 132
708 673 678 649 614 598 612 588 563 592 585
649 614 598 612 588 563 592 585 523 509 498 503 175 170
485 449
391
3 Mo Avg
152 134 123
523 509 498 503 485 449
3 Mo Avg
129
391 134 82
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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