FL ARCHIVED April 2017 | Page 61

Market Action Report April 2017 BONITA City: Bonita Springs SPRINGS/BONITA BEACH April 2017 Agent Name Market Action Report Title Phone Agent Name Website Title Other Phone Trending versus*: Month Website LM L3M PYM LY $1,785,000 13% Other 0% Community Information | School District City: Bonita Springs 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 $2,310,473 -0% Trending versus*: 13% Trending versus*: $1,637,500 7% PYM 5% 15% $1,531,250 9% YTD Prior 8% Year Month 18% LM L3M LY YTD Prior $2,297,500 15% 3% 13% 0% 17% $2,234,537 20% 13% $1,785,000 0% Total Properties for Sale (Inventory) 133 -0% -7% -24% Average List Price Currently of all Current Listings $2,310,473 13% April Median Number of Properties Sold -64% 7% -50% 50 -17% April Sales Price $1,637,500 10 18% 5% 15% $1,531,250 9% 8% April Average Average Sales Days Price on Market (Solds) -42% -43% -9% 17% -27% $2,234,537 153 20% 61% 29% April $2,297,500 87 15% 3% 0% 13% Asking Price per Currently Square Foot (based on New Listings) $515 6% -7% $638 24% 16% Total Properties for Sale (Inventory) 133 -16% -7% -19% -24% April Number Sold Price per Square Sold Foot $550 -6% -3% -50% 2% 10% $566 19% 13% April of Properties 10 -64% 50 -17% April Average Month's Days Supply of Inventory 13.3 160% -43% -27% -9% 52% -27% -28% 18.6 54% 0% April on Market (Solds) 87 -42% 153 61% 29% April Sale vs List Price 90.1% -16% 1.0% -19% .7% -2.9% 89.5% -4% -2% Asking Price Price per Square Foot Ratio (based on New Listings) $515 6% -1.3% -7% $638 24% 16% * 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 $550 -6% -3% 2% 10% $566 19% 13% Number April Month's Supply of Inventory 13.3 160% -27% 52% -28% of Properties 18.6 Sold 54% 0% Property Sales April Sale Price vs List Price Ratio 90.1% 1.0% .7% -2.9% -1.3% 89.5% -4% -2% 30 Average List Price of all Current Listings April Median Sales Price Overview Market Profile & Trends April Average Sales Price Median List Price of all Current Listings 3 Mo Avg April Property sales were / 10, down Month 50.0% 20 in Year April of / YTD = Year-to-date * LM=Last Month / L3M=Last 3 Months PYM=Same Prior from Year / LY=Last (2016) 2016 and 64.3% lower than the 28 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April Sales YTD sales of 50 are running 16.7% behind last year's Property year-to-date 60. 10, down 50.0% from 20 in April of April Property s ales sales of were 2016 and 64.3% lower than the 28 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 50 are running 16.7% behind last year's year-to-date sales of 60. 25 Number of Properties Sold 3 Mo Avg 30 20 25 15 20 10 9 16 Median Sales Price and Average Sales Price 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 5 Prices 10 0 15 5 3 Mo Avg 0 The Median Sales Price in April was $1,637,500, up 5.2% from 3,500 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 $1,556,000 in April of 2016 and up 18.0% from $1,387,500 last 14 15 16 17 month. The Average Sales Price in April was $2,297,500, up 3,000 0.3% from $2,289,521 in April of 2016 and up 14.9% from Median Sales Price and Average Sales Price Prices 3 Mo Avg $1,999,459 last month. was at the level The Median Sales Price in April April 2017 was ASP $1,637,500, up highest 5.2% from 3,500 2,500 compared to April of 2016 and 2015. $1,556,000 in April of 2016 and up 18.0% from $1,387,500 last month. The Average Sales Price in April was $2,297,500, up 0.3% from $2,289,521 in April of 2016 and up 14.9% from $1,999,459 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 3,000 2,000 1,500 2,500 1,000 2,000 1,500 Inventory & MSI The Total Inventory of Properties available for sale as of April was 133, down 7.0% from 143 last month and down 24.0% from 175 in April of last year. April 2017 Inventory was at its lowest level compared with April of 2016 and 2015. 1,000 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 200 80.0 14 15 16 17 70.0 150 60.0 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI 50.0 The Total Inventory of Properties available for sale as of April 80.0 100 40.0 was 133, down 7.0% from 143 last month and down 24.0% from 200 70.0 30.0 175 in April of last year. April 2017 Inventory was at its lowest A comparatively lower MSI is more beneficial for sellers while a level compared with April of 2016 and 2015. 150 60.0 50 20.0 higher MSI is better for buyers. The April 2017 MSI of 13.3 50.0 10.0 months was at its highest level compared with April of 2016 and 100 0 40.0 0.0 2015. 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 30.0 A comparatively lower MSI is more beneficial for sellers while a 15 16 17 50 14 20.0 higher MSI is better for buyers. The April 2017 MSI of 13.3 10.0 months was at its highest level compared with April of 2016 and 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 | 61 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.