FL ARCHIVED April 2017 | Page 67

Market Action Report
April 2017
FORT
MYERS
BEACH
City: Fort Myers
Beach
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,847,000
9%
Other 3%
Community Information | School District
City: Fort Myers Beach
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
$1,921,657 0% Trending versus*:
3%
Trending versus*:
$1,512,500
3% -4%
$1,707,500
2% YTD Prior
8% Year
Month -2%
LM -11%
L3M PYM
LY
YTD
Prior
$1,512,500 -5%
3% -18% $1,855,156
-4%
1%
$1,847,000
3% -18% 9%
Total Properties
for Sale
(Inventory)
50 -6%
25%
Average
List Price Currently
of all Current
Listings
$1,921,657
0%
3%
April Median
Number Sales
of Properties
Sold
16
60%
April
Price
$1,512,500 2 -67%
-2% -11% -60%
3% -4% $1,707,500
2%
8%
April Average
Average Sales
Days Price
on Market (Solds)
203 -5%
74% -18%
43% 59%
31% $1,855,156
142
2%
-8%
April
$1,512,500
3% -18%
-4%
1%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$0
$726
12%
4%
Total
Properties
for Sale
(Inventory)
50 -100%
-6% -100% -100%
25% -100%
April Number
Sold Price
per Square Sold
Foot
$748 2 -67%
32% -5% -60%
16% -1%
$789
13%
5%
April
of Properties
16
60%
April Average
Month's Days
Supply
Inventory
25.0
45% 213%
33%
15.2
-20%
April
on of
Market
(Solds)
203 183%
74% 43%
59% 31%
142 -32%
2%
-8%
April Sale
Price
List Price
88.9%
-.1% -100%
.7% -100%
1.4% -100%
-1.4%
88.3%
-2%
-2%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$0 -100%
$726
12%
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
$748 32% -5% 16% -1%
$789
13%
5%
Number
April Month's Supply of Inventory
25.0 183% 45% 213%
33% of Properties
15.2 Sold
-32%
-20%
Property
Sales
April
Sale Price
vs List Price Ratio
88.9% -.1% .7% 1.4% -1.4%
88.3%
-2%
-2%
8
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 / 2,
down 60.0%
from
in April
2016
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month Prior
Year / 5 LY=Last
Year of
(2016)
/ YTD = Year-to-date
1
3 Mo Avg
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
1
Number of Properties Sold
6
8
5
7
4
6
3
5
2
4
1
3
0
2
Prices
7
and 66.7% lower than the 6 sales last month. April 2017 sales
were at their lowest level compared to April of 2016 and 2015.
April YTD sales
of 16 are running 60.0% ahead of last year's year-
Property
Sales
to-date
sales of sales
10. were 2, down 60.0% from 5 in April of 2016
April
Property
and 66.7% lower than the 6 sales last month. April 2017 sales
were at their lowest level compared to April of 2016 and 2015.
April YTD sales of 16 are running 60.0% ahead of last year's year-
to-date sales of 10.
3 Mo Avg
0
The Median Sales Price in April was $1,512,500, up 2.5% from
M
J
J
A
S
O
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D
J
F
M
A
M
J
J
A
S
O
N
D
J
F
M
A
M
J
J
A
S
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D
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F M A
3,500
$1,475,000 in April of 2016 and down 2.4% from $1,550,000
14
15
16
17
last month. The Average Sales Price in April was $1,512,500, up
2.7% from $1,473,000 in April of 2016 and down 4.8% from
3,000
Median Sales Price and Average Sales Price
Prices
3 Mo Avg
$1,588,333
last month.
was at a up
mid
range
The
Median Sales
Price in April
April 2017
was ASP
$1,512,500,
2.5%
from
compared
to
April
of
2016
and
2015.
2,500
3,500
$1,475,000 in April of 2016 and down 2.4% from $1,550,000
2,000
3,000
1,500
2,500
1,000
2,000
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
1,500
10
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
40.0
60.0
30.0
20
40
10
30 0
50
20
60
30
Total Inventory & Month's Supply of Inventory (MSI)
40
50
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The April 2017 MSI of 25.0
months was at its highest level compared with April of 2016 and
2015.
60
The Total Inventory of Properties available for sale as of April
was 50, down 5.7% from 53 last month and up 25.0% from 40 in
April of last year. April 2017 Inventory was at its highest level
A comparatively lower MSI is more beneficial for sellers while a
compared with April of 2016 and 2015.
higher MSI is better for buyers. The April 2017 MSI of 25.0
months was at its highest level compared with April of 2016 and
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
60.0
14
15
16
17
50.0
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
1,000
Inventory & MSI
The Total Inventory of Properties available for sale as of April
was 50, down 5.7% from 53 last month and up 25.0% from 40 in
April of last year. April 2017 Inventory was at its highest level
compared with April of 2016 and 2015.
last month. The Average Sales Price in April was $1,512,500, up
2.7% from $1,473,000 in April of 2016 and down 4.8% from
$1,588,333 last month. April 2017 ASP was at a mid range
compared to April of 2016 and 2015.
50.0
20.0
40.0
10.0
30.0
0.0
20.0
10.0
0.0
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
0
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
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 | 67
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.