FL ARCHIVED April 2017 | Page 65

Market Action Report
April 2017
FORT
MYERS
City: Fort Myers
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,485,000
-9%
Other 1%
Community Information | School District
City: Fort Myers
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
$1,950,683 -7% Trending versus*:
-7%
Trending versus*:
$1,159,150
-2% PYM
-5% -11%
$1,182,500
-10%
-9%
Month -1%
LM L3M
LY
YTD
Prior
YTD Prior
Year
$1,444,717 -4%
-6%
4%
$1,485,000
1% -5% 13%
-9% -1% $1,512,849
Total Properties
for Sale
(Inventory)
126 -7%
-5%
7%
Average
List Price Currently
of all Current
Listings
$1,950,683
-7%
April Median
Number Sales
of Properties
Sold
18 -25%
April
Price
$1,159,150 3 -57%
-1% -2% -63%
-5% -11% $1,182,500
-10%
-9%
April Average
Average Sales
Days Price
on Market (Solds)
141 -4%
24% -5%
47% 13%
15% -1%
-8% $1,512,849
96 -52%
-38%
April
$1,444,717
-6%
4%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$380
-2% -2% -10%
$386
-10%
-6%
Total
Properties
for Sale
(Inventory)
126 -5%
7% -7%
April Number
Sold Price
per Square Sold
Foot
$268 3 -57%
-27% -24% -63%
-15% -24%
$354
0%
1%
April
of Properties
18 -25%
April Average
Month's Days
Supply
Inventory
42.0
0% 185%
36.4
80%
54%
April
on of
Market
(Solds)
141 121%
24% 47%
15% 78%
-8%
96 -52%
-38%
April Sale
Price
List Price
78.7%
-13.5% -12.7%
88.1%
-3%
-2%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$380 -11.4%
-2% -10.7%
-2% -10%
-7%
$386
-10%
-6%
* 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
$268 -27% -24% -15% -24%
$354
0%
1%
Number
April Month's Supply of Inventory
42.0 121% 0% 185%
78% of Properties
36.4 Sold
80%
54%
Property
Sales
April
Sale Price
vs List Price Ratio
78.7% -11.4% -10.7% -13.5% -12.7%
88.1%
-3%
-2%
12
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 / 3,
down 62.5%
from
in April
2016
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month Prior
Year / 8 LY=Last
Year of
(2016)
/ YTD = Year-to-date
and 57.1% lower than the 7 sales last month. April 2017 sales
were at their lowest level compared to April of 2016 and 2015.
April YTD sales
of 18 are running 25.0% behind last year's year-
Property
Sales
to-date
sales of sales
24. were 3, down 62.5% from 8 in April of 2016
April
Property
and 57.1% lower than the 7 sales last month. April 2017 sales
were at their lowest level compared to April of 2016 and 2015.
April YTD sales of 18 are running 25.0% behind last year's year-
to-date sales of 24.
10
Number of Properties Sold
3 Mo Avg
12 8
10 6
8 4
$1,165,000 last month. The Average Sales Price in April was
$1,444,717, up 13.4% from $1,274,000 in April of 2016 and
down 4.3% from $1,509,286 last month. April 2017 ASP was at
the highest level compared to April of 2016 and 2015.
6
7
Median Sales Price and Average Sales Price
Prices
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
The Median Sales Price in April was $1,159,150, down 5.0%
from $1,220,000 in April of 2016 and down 0.5% from
$1,165,000 last month. The Average Sales Price in April was
$1,444,717, up 13.4% from $1,274,000 in April of 2016 and
Prices
down
4.3% Sales
from $1,509,286
last
month.
April 2017
was at
The
Median
Price in April
was
$1,159,150,
down ASP
5.0%
the highest
level compared
April
of down
2016 and
2015.
from
$1,220,000
in April of to
2016
and
0.5%
from
4 0
6 2
3 Mo Avg
0
2,600 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
16
17
2,400 14
2,200
Median Sales Price and Average Sales Price
2,000
2,600
1,800
2,400
3 Mo Avg
1,600
2,200
1,400
2,000
1,200
1,800
1,000
1,600
1,400
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 126, down 5.3% from 133 last month and up 6.8% from 118
in April of last year. April 2017 Inventory was at its highest level
compared with April of 2016 and 2015.
1,000
140
120
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
120.0
14
15
16
17
100.0
Inventory & MSI
100
Total Inventory & Month's Supply of Inventory (MSI)
80.0
The Total Inventory of Properties available for sale as of April
80
140
120.0
60.0
was 126, down 5.3% from 133 last month and up 6.8% from 118
60
in April of last year. April 2017 Inventory was at its highest level 120
100.0
40.0
A comparatively lower MSI is more beneficial for sellers while a
40
compared with April of 2016 and 2015.
100
higher MSI is better for buyers. The April 2017 MSI of 42.0
80.0
20.0
20
months was at its highest level compared with April of 2016 and 80
60.0
0
0.0
2015.
60
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
40.0
A comparatively lower MSI is more beneficial for sellers while a
40 14
15
16
17
higher MSI is better for buyers. The April 2017 MSI of 42.0
20.0
20
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
17 Beaches, Space Coast Association of REAL
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami
My F lorida Regional MLS, Naples Area Board of 16
REALTORS, REALTORS Association of the Palm
Inventory & MSI
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 | 65
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.