FL ARCHIVED January 2017 | Page 73

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 746,875
2 %
7 %
Average List Price of all Current Listings
$ 1,131,029
-0%
6 %
January Median Sales Price
$ 650,000
14 %
6 %
24 %
18 %
$ 650,000
24 %
18 %
January Average Sales Price
$ 888,173
35 %
13 %
25 %
21 %
$ 888,173
25 %
21 %
Total Properties Currently for Sale ( Inventory )
744
1 %
-3%
January Number of Properties Sold
55 -18%
8 %
55
8 %
January Average Days on Market ( Solds )
180
27 %
15 %
13 %
38 %
180
13 %
38 %
Asking Price per Square Foot ( based on New Listings )
$ 420
-3%
-2%
4 %
0 %
$ 420
4 %
0 %
January Sold Price per Square Foot
$ 411
11 %
8 %
7 %
9 %
$ 411
7 %
9 %
January Month ' s Supply of Inventory
13.5
23 %
1 %
-10%
12 %
13.5
-10%
12 %
January Sale Price vs List Price Ratio
89.8 %
. 3 %
-. 0 % -3.2% -1.0%
89.8 %
-3%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
January Property sales were 55 , up 7.8 % from 51 in January of
2016 and 17.9 % lower than the 67 sales last month . January
120
Property
2017 sales Sales were at their highest level compared to January of
140
January
2016 and Property 2015 . sales January were YTD 55 , up sales 7.8 % of from 55 are 51 running January 7.8 of %
100
2016 ahead and of 17.9 last % year lower ' s year-to-date than the 67 sales sales last of 51 month . . January
2017 sales were at their highest level compared to January of
120
80
2016 and 2015 . January YTD sales of 55 are running 7.8 %
100
ahead of last year ' s year-to-date sales of 51 .
60
80
40
60
40
20
Number of Properties Sold
20
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
Prices
The Median Sales Price in January was $ 650,000 , up 23.8 %
Prices from $ 525,000 in January of 2016 and up 14.0 % from
The
$ 570,000 Median last Sales month Price . in The January Average was Sales $ 650,000 Price , up in January 23.8 % was
900 from
$ 888,173 $ 525,000 , up 25.1 in January % from of $ 2016 710,056 and in up January 14.0 % from of 2016 and up $ 570,000 last month . The Average Sales Price in January
850
34.7 % from $ 659,253 last month . January 2017 ASP was at the
$ 888,173 , up 25.1 % from $ 710,056 in January of 2016 and up
800 highest level compared to January of 2016 and 2015 .
34.7 % from $ 659,253 last month . January 2017 ASP was at the
750 highest level compared to January of 2016 and 2015 .
700
650
600
550
500
450
400
F
M A M J
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
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
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
The
January Total Inventory was 744 , up of Properties 0.7 % from available 739 last for month sale as and of down 3.3 %
January from 769 was in 744 January , up 0.7 of % last from year 739 . last January month 2017 and Inventory down 3.3 % was
900 at from a mid 769 level in January compared of last with year January . January of 2016 2017 and Inventory 2015 . was at
800 a mid level compared with January of 2016 and 2015 .
900
800
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
18.0
16.0
14.0
500
12.0
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 January 2017 MSI of 13.5 higher MSI is better for buyers . The January 2017 MSI of 13.5 200 months was at its lowest level compared with January of 2016 months was at its lowest level compared with January of 2016 100 and 2015 . and 2015 .
0

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

52 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 55
790
400 300 200 100
0
746 52 790 723
90 746 660
120 723 622
F M A M J 14
14
132 70
F M A M J
62 64 62 63
585 660
549 622
546 585
588 549 608
546 637 588 608
40
660 678
65
J A S O N D J J A S O N D J F M A M J
15 15
Number of Properties Sold
46 73 86 92 82 111 61 56 75 59
637 670
660 647
678 637
670
595 572
647
529 637
542 595
563 572
529 631
542 674
563 769
631 789
674 816
785 769
735 789 697 816
658 785
647 735
658 697
679 658 741 647 739 658 744 679
F M A M J
43 64 51
J A S O N D J J A S O N D J F M A M J
16
16
59 64 74
F M A M J
86 83 60
3 Mo Avg
47
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
63 741
48 739
3 Mo Avg
47 744
17
67 55
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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