FL ARCHIVED March 2017 | Page 73

Market Action Report March 2017
Community Information | School District
Market Action Report March 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
$ 700,000
-3%
-4%
Average List Price of all Current Listings
$ 1,081,650
-2%
-4%
March Median Sales Price
$ 552,500
-11% -6%
36 %
0 %
$ 595,000
13 %
8 %
March Average Sales Price
$ 686,357
-10% -7%
19 %
-6%
$ 763,604
15 %
4 %
Total Properties Currently for Sale ( Inventory )
763
-4%
-7%
March Number of Properties Sold
84
35 %
31 %
202
16 %
March Average Days on Market ( Solds )
137
-8%
-9%
30 %
5 %
152
22 %
17 %
Asking Price per Square Foot ( based on New Listings )
$ 400
-5%
-3%
-6%
-4%
$ 412
-1%
-1%
March Sold Price per Square Foot
$ 363
-7%
-5%
1 %
-4%
$ 384
2 %
2 %
March Month ' s Supply of Inventory
9.1 -29% -23% -29% -26%
11.9
-14%
-3%
March Sale Price vs List Price Ratio
91.0 % -1.2% . 4 %
-. 8 %
. 3 %
91.0 %
-2%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Marco Agent Island

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
140
March Property sales were 84 , up 31.3 % from 64 in March of
2016 and 35.5 % higher than the 62 sales last month . March
120
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at a mid level compared to March of 2016 and
140
March
2015 . Property March YTD sales sales were of 84202 , up are 31.3 running % from 64 16.1 in % March ahead of of last
100
2016 year and ' s year-to-date 35.5 % higher sales than of the 17462 . sales last month . March
2017 sales were at a mid level compared to March of 2016 and
2015 . March YTD sales of 202 are running 16.1 % ahead of last year ' s year-to-date sales of 174 .
120
100
80
60
80
40
60
40
20
20
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
0
14
15
16
17
Prices
The Median Sales Price in March was $ 552,500 , up 36.1 % from
Prices
$ 406,000 in March of 2016 and down 11.1 % from $ 621,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 552,500 was , up $ 36.1 686,357 % from , up
900
$
19.1 406,000 % from in March $ 576,365 of 2016 in March and down of 2016 11.1 and % from down $ 621,500 9.8 % from last month . The Average Sales Price in March $ 686,357 , up
850
$ 760,557 last month . March 2017 ASP was at a mid range
19.1 % from $ 576,365 in March of 2016 and down 9.8 % from
800 compared to March of 2016 and 2015 .
$ 760,557 last month . March 2017 ASP was at a mid range
750 compared to March of 2016 and 2015 .
700
650
600
550
500
450
400
A
M J
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
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
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
The was Total 763 , Inventory down 3.5 of % Properties from 791 last available month for and sale down as of 7.2 March % from was 822763 in , March down 3.5 of % last from year 791 . March last month 2017 and Inventory down 7.2 was % from at a mid
900
822 level in compared March of last with year March . March of 2016 2017 and Inventory 2015 . was at a mid
800
900
800
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
18.0
16.0
18.0
16.0
14.0
level compared with March of 2016 and 2015 .
700
600
14.0
12.0
600
500
12.0
10.0
500
400
10.0
8.0
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 March 2017 MSI of 9.1 higher MSI is better for buyers . The March 2017 MSI of 9.1
200 months was at a mid level compared with March of 2016 and months was at a mid level compared with March of 2016 and
100
2015 .
2015 .
0
300
8.0
200
6.0
100
4.0
2.0
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
6.0
4.0
2.0
0.0
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 62 84
723 660
120 723 622
132 660
585 70 62 64 62 63 40 65
549 622
546 585
588 549
608 546
637 588 660
608 678 637 660
46
670
647 73 86 92 82 111 61 56 75 59 43 64
678 637
670 595
647 573
637
530 543
595
564 573
530 632
543 677
564 773
632 794
677 822
791 773
742 794
706 822
669 791 659 742
673 706
696 669 758 659 759 673 769 696 791
758 763
759
51 59 64 74 86 83 60 47 63 48 47
769 67 791
56
763 62 84
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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