FL ARCHIVED April 2017 | Page 63

Market Action Report
April 2017
CAPE
CORAL
City: Cape Coral
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,395,000
-4%
Other -0%
Community Information | School District
City: Cape Coral
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
YTD
Trending versus*:
Prior YTD Prior Year
$1,629,570 -6% Trending versus*:
-6%
Trending versus*:
$1,549,000
24% PYM
9% 25%
$1,250,000
4% YTD Prior
1% Year
Month 45%
LM L3M
LY
YTD
Prior
$1,599,800 -0%
13% 13% 13%
19%
-1%
$1,395,000
-4% 12% $1,417,600
Total Properties
for Sale
(Inventory)
71 -6%
-3%
0%
Average
List Price Currently
of all Current
Listings
$1,629,570
-6%
April Median
Number Sales
of Properties
Sold
0% 24% 400%
15
36%
April
Price
$1,549,000 5 45%
9% 25% $1,250,000
4%
1%
April Average
Average Sales
Days Price
on Market (Solds)
196 148%
88% 430%
23% $1,417,600
104 -27%
-35%
April
$1,599,800
13% 13%
13% 12%
19%
-1%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$314
3% -19%
$378
-1%
-2%
Total
Properties
for Sale
(Inventory)
71 -32%
-3% -17% 0%
April Number
Sold Price
per Square Sold
Foot
$355 5 -3%
18% 4%
$343
15%
0%
April
of Properties
0% 4% 400%
15
36%
April Average
Month's Days
Supply
Inventory
14.2
-3% -24%
-80% -63%
23.6
-39%
April
on of
Market
(Solds)
196 148%
88% 430%
23%
104 -37%
-27%
-35%
April Sale
Price
List Price
88.7%
-1.9% -17%
-.7% -6.3%
2.4%
89.4%
7%
3%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$314 -32%
3% -19%
$378
-1%
-2%
* 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
$355 -3% 4% 18% 4%
$343
15%
0%
Number
April Month's Supply of Inventory
14.2 -3% -24% -80%
-63% of Properties
23.6 Sold
-37%
-39%
Property
Sales
April
Sale Price
vs List Price Ratio
88.7% -1.9% -.7% -6.3% 2.4%
89.4%
7%
3%
7
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 / 5,
up 400.0%
from
April Year
of (2016)
2016 / YTD = Year-to-date
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month Prior
Year 1 / in
LY=Last
3
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
1,200
The Total Inventory of Properties available for sale as of April
was 71, down 2.7% from 73 last month and equal to 71 in April of
last year. April 2017 Inventory was at its lowest level compared
with April of 2016 and 2015.
Median Sales Price and Average Sales Price
3 Mo Avg
0
2,200
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
2,000
1,800
2,200
1,600
last month. The Average Sales Price in April was $1,599,800, up 2,000
12.7% from $1,420,000 in April of 2016 and up 13.5% from
1,400
$1,410,000 last month. April 2017 ASP was at the highest level
1,800
compared to April of 2016 and 2015.
1,200
1,600
1,000
1,400
Inventory & MSI
Prices
The Median Sales Price in April was $1,549,000, up 9.1% from
$1,420,000 in April of 2016 and up 44.8% from $1,070,000
last month. The Average Sales Price in April was $1,599,800, up
12.7% from $1,420,000 in April of 2016 and up 13.5% from
Prices
$1,410,000
last month.
was at the
level
The
Median Sales
Price in April
April 2017
was ASP
$1,549,000,
up highest
9.1% from
compared to
$1,420,000
in April
April of of 2016
2016 and
and 2015.
up 44.8% from $1,070,000
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
1
0
2
1
3
Number of Properties Sold
and the same as the 5 sales last month. April 2017 sales were at 6
their highest level compared to April of 2016 and 2015. April
5
YTD sales of
15 are running 36.4% ahead of last year's year-to-
Property
Sales
7
date Property
sales of 11.
April
sales were 5, up 400.0% from 1 in April of 2016
4
and the same as the 5 sales last month. April 2017 sales were at 6
their highest level compared to April of 2016 and 2015. Ap ril
3
5
YTD sales of 15 are running 36.4% ahead of last year's year-to-
date sales of 11.
2
4
Total Inventory & Month's Supply of Inventory (MSI)
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
90
90.0
14
15
16
17
80
80.0
70
70.0
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
60
60.0
The Total Inventory of Properties available for sale as of April
50
50.0
90.0
was 71, down 2.7% from 73 last month and equal to 71 in April of 90
40
40.0
80
80.0
last year. April 2017 Inventory was at its lowest level compared
30
30.0
A comparatively lower MSI is more beneficial for sellers while a 70
70.0
with April of 2016 and 2015.
20
20.0
higher MSI is better for buyers. The April 2017 MSI of 14.2
60
60.0
10
10.0
months was at its lowest level compared with April of 2016 and 50
50.0
0
0.0
2015.
40.0
40
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 30
14
15
16
17
20.0
20
higher MSI is better for buyers. The April 2017 MSI of 14.2
10.0
10
months was at its lowest level compared with April of 2016 and
0.0
0
2015.
M J J and A Up 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
15 My Florida Regional MLS, Naples Area Board of 16
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, 14
Miami Association of REALTORS,
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 | 63
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.