FL ARCHIVED April 2017 | Page 59

Market Action Report
April 2017
LEE
County: Lee COUNTY
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,695,000
4%
Other -0%
Community Information | School District
County: Lee
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
$2,172,873 -1% Trending versus*:
5%
Trending versus*:
$1,471,018
-1% PYM
-1% 1%
$1,489,535
2% YTD Prior
3% Year
Month -1%
LM L3M
LY
YTD
Prior
$1,772,994 -0%
-5% 0% -3%
-7%
-3%
$1,695,000
4% -4% $1,779,658
Total Properties
for Sale
(Inventory)
694 -1%
-5%
3%
Average
List Price Currently
of all Current
Listings
$2,172,873
5%
April Median
Number Sales
of Properties
Sold
44 -37%
191
9%
April
Price
$1,471,018
-1% -1% -21%
-1% 1% $1,489,535
2%
3%
April Average
Average Sales
Days Price
on Market (Solds)
160 -5%
37% 25%
5% $1,779,658
128 -19%
-16%
April
$1,772,994
0% 10%
-3% -4%
-7%
-3%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$540
$581
4%
4%
Total
Prope rties
for Sale
(Inventory)
694 -10%
-5% -7% -1%
3% -4%
April Number
Sold Price
per Square Sold
Foot
$541
-2% -4% -21%
-1% -1%
$562
5%
3%
April
of Properties
44 -37%
191
9%
April Average
Month's Days
Supply
Inventory
15.8
50% 25%
-1% 10%
31% -21%
16.2
-3%
-19%
April
on of
Market
(Solds)
160 37%
5%
128 -19%
-16%
April Sale
Price
List Price
88.9%
-2.2% -1.3%
90.1%
-1%
-0%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$540 -10%
-7% -2.1%
-1% -1.6%
-4%
$581
4%
4%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April
Sold Price per Square Foot
$541 -2% -4% -1% -1%
$562
5%
3%
Number
April Month's Supply of Inventory
15.8 50% -1% 31%
-21% of Properties
16.2 Sold
-3%
-19%
Property
Sales
April
Sale Price
vs List Price Ratio
88.9% -2.2% -1.3% -2.1% -1.6%
90.1%
-1%
-0%
80
Average List Price of all Current Listings
April Median
Sales
Price
Market
Profile
& Trends
Overview
April Average
Sales
Price
Median
List Price
of all
Current Listings
3 Mo Avg
April Property
sales
were / 44,
down Month
21.4%
56 in April
of / YTD = Year-to-date
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Prior from
Year / LY=Last
Year (2016)
last month. The Average Sales Price in April was $1,772,994,
down 3.3% from $1,834,198 in April of 2016 and down 4.7%
from $1,859,462 last month. April 2017 ASP was at a mid range
compared to April of 2016 and 2015.
31
2,400
2,200
2,800
2,000
2,600
1,800
2,400
1,600
2,200
1,400
2,000
1,200
1,800
1,400
The Total Inventory of Properties available for sale as of April
was 694, down 5.4% from 734 last month and up 3.0% from 674
in April of last year. April 2017 Inventory was at its highest level
compared with April of 2016 and 2015.
51
Median Sales Price and Average Sales Price
3 Mo Avg
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
2,800
14
15
16
17
2,600
1,600
Inventory & MSI
3 Mo Avg
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
14
15
16
17
10
0
Number of Properties Sold
60
80
50
70
40
60
30
50
20
40
10
30
0
20
Prices
The Median Sales Price in April was $1,471,018, down 1.1% from
$1,487,500 in April of 2016 and down 0.6% from $1,480,000
last month. The Average Sales Price in April was $1,772,994,
down 3.3% from $1,834,198 in April of 2016 and down 4.7%
Prices
from
$1,859,462
last month.
ASP was
at a 1.1%
mid range
The
Median
Sales Price
in April April
was 2017
$1,471,018,
down
from
compared to
$1,487,500
in April
April of
of 2016
2016 and
and 2015.
down 0.6% from $1,480,000
70
2016 and 37.1% lower than the 70 sales last month. April 2017
sales were at their lowest level compared to April of 2016 and
2015. April Sales
YTD sales of 191 are running 8.5% ahead of last
Property
year's
year-to-date
April
Property
sales sales
were of
44, 176.
down 21.4% from 56 in April of
2016 and 37.1% lower than the 70 sales last month. April 2017
sales were at their lowest level compared to April of 2016 and
2015. April YTD sales of 191 are running 8.5% ahead of last
year's year-to-date sales of 176.
1,200
Median Sales Price and Average Sales Price
3 Mo Avg
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
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
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
800
45.0
14
15
16
17
40.0
700
35.0
600
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
30.0
500
The Total Inventory of Properties available for sale as of April
25.0
45.0
400
was 694, down 5.4% from 734 last month and up 3.0% from 674 800
20.0
40.0
700
in April of last year. April 2017 Inventory was at its highest level 300
15.0
A comparatively lower MSI is more beneficial for sellers while a
35.0
compared with April of 2016 and 2015.
600
200
10.0
higher MSI is better for buyers. The April 2017 MSI of 15.8
30.0
500
100
5.0
months was at its highest level compared with April of 2016 and
25.0
400 0
0.0
2015.
20.0
300 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 15.0
A comparatively lower MSI is more beneficial for sellers while a
14
15
16
17
200
10.0
higher MSI is better for buyers. The April 2017 MSI of 15.8
5.0
months was at its highest level compared with April of 2016 and 100
0.0
0
2015.
M J and
J Up
A | S Property
O N Types:
D J SFH
F - M
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
Con 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
14 Association of REALTORS, 15
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami
My Florida Regional MLS, Naples Area Board of 16
REALTORS, REALTORS Association of the Palm 17
Beaches, Space Coast Association of REAL
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.
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury SM | 59
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 Association of REA
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.