FL ARCHIVED March 2017 | Page 211

Market Action Report March 2017
Community Information | School District
Market Action Report March 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
$ 280,000
1 %
12 %
Average List Price of all Current Listings
$ 362,687
1 %
18 %
March Median Sales Price
$ 228,550
-7%
0 %
9 %
4 %
$ 228,600
5 %
4 %
March Average Sales Price
$ 267,033
-8%
1 %
11 %
11 %
$ 266,046
14 %
11 %
Total Properties Currently for Sale ( Inventory )
403
-1%
-32%
March Number of Properties Sold
142
43 %
-1%
331
0 %
March Average Days on Market ( Solds )
74 -30% -15% -25% -17%
87
-17%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 135
0 %
-1%
5 %
2 %
$ 135
6 %
2 %
March Sold Price per Square Foot
$ 138
0 %
5 %
15 %
14 %
$ 135
15 %
12 %
March Month ' s Supply of Inventory
2.8 -31% -27% -31% -34%
3.9
-32%
-9%
March Sale Price vs List Price Ratio
96.9 %
. 8 %
-. 1 %
. 3 %
. 0 %
96.5 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
200
March Property sales were 142 , down 1.4 % from 144 in March of
2016 and 43.4 % higher than the 99 sales last month . March
180
Property
2017 sales Sales were at a mid level compared to March of 2016 and
200
160
March
2015 . Property March YTD sales sales were of 142 331 , down are running 1.4 % from equal 144 in to March last year of ' s
180
2016 year-to-date and 43.4 % sales higher of 331 than . the 99 sales last month . March
2017 sales were at a mid level compared to March of 2016 and
160
140
120
2015 . March YTD sales of 331 are running equal to last year ' s
140
100
year-to-date sales of 331 .
120
80
100

Navarre

Agent Name
60
Number of Properties Sold
80
40
60
20
40
0
20
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
0
14
15
16
17
Prices
The Median Sales Price in March was $ 228,550 , up 8.8 % from
A
M J
14
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
3 Mo Avg
Prices
$ 210,000 in March of 2016 and down 6.5 % from $ 244,555 last
The month Median . The Sales Average Price Sales in March Price was in $ March 228,550 was , up $ 267,033 8.8 % from , up
$
11.4 210,000 % from in March $ 239,748 of 2016 in March and down of 2016 6.5 % and from down $ 244,555 8.0 % from last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 290,100 . The last Average month Sales . March Price 2017 in March ASP was $ at 267,033 the highest , up level
11.4 % from $ 239,748 in March of 2016 and down 8.0 % from
270 compared to March of 2016 and 2015 .
$ 290,100 last month . March 2017 ASP was at the highest level
250
250
230
compared to March of 2016 and 2015 .
230
210
210 190
190 170
93 115 108
Title Phone Website Other

Community Information | School District

136 141 104
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 90 99 142
170 150 150
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 M
14 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 M
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 March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 403 , Inventory down 1.2 of % Properties from 408 last available month for and sale down as of 31.8 March % from 1,000
14.0 was 591403 in March , down 1.2 of last % from year 408 . March last month 2017 Inventory and down 31.8 was % at from its 1,000
14.0 12.0 800
591 lowest in March level of compared last year . with March March 2017 of Inventory 2016 and was 2015 at its . 12.0
800 10.0 lowest level compared with March 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 March for 2017 sellers MSI while of 2.8 a
200 4.0 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 2.8 of 2016 and 200 2.0 months was at its lowest level compared with March of 2016 and 2.0
2015 . 0
0.0 2015 .
0
0.0 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 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
15 16
17 14
15 16
17
884 875 875 870 825 772 790 776 149 78 83 71 92
785 820 818 855 857 819 841
783 709 674 679
Number of Properties Sold
113 112 134 152
884 875 875 870 825 772 790 776 785 820 818 855 857 819 841
783
161 104 129 117 79 135 93 94 144 121 132
709 674 679 651 616 600 615 591 566 595 588
651 616 600 615 591 566 595 588 526 513 504 512 175 170 152 135
496 464 422 408 403
3 Mo Avg
123 131
526 513 504 512 496 464 422
134
3 Mo Avg
90
408
403 99 142
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 211