FL ARCHIVED April 2018 | Page 156

Market Action Report April 2018
Community Information | School District 100 200
Market Action Report April 2018

City : Cape Coral Price Range : All | Properties : SFH - Con

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 269,900
-3%
-4%
Average List Price of all Current Listings
$ 360,970
-2%
-2%
April Median Sales Price
$ 237,000
4 %
3 %
5 %
8 %
$ 230,000
5 %
5 %
April Average Sales Price
$ 288,013
6 %
4 %
5 %
8 %
$ 277,075
3 %
4 %
Total Properties Currently for Sale ( Inventory )
2,716
6 %
20 %
April Number of Properties Sold
619
11 %
20 %
2,003
10 %
April Average Days on Market ( Solds )
68
1 %
-1%
-8%
-11%
69
-13%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 163
0 %
-1%
3 %
3 %
$ 164
4 %
4 %
April Sold Price per Square Foot
$ 153
3 %
2 %
5 %
6 %
$ 150
3 %
4 %
April Month ' s Supply of Inventory
4.4
-5% -13% -0%
-8%
5.2
-5%
9 %
April Sale Price vs List Price Ratio
94.6 %
-. 6 % -. 3 %
. 4 %
-. 2 %
94.9 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
700
April Property sales were 619 , up 20.4 % from 514 in April of
2017 and 11.1 % higher than the 557 sales last month . April 2018
600
Property sales were Sales at their highest level compared to April of 2017 and
700
April
2016 Property . April YTD sales sales were of 619 2,003 , up 20.4 are % running from 514 10.4 in % April ahead of of last
500
2017 year and ' s year-to-date 11.1 % higher sales than of the 1,814 557 . sales last month . April 2018 sales were at their highest level compared to April of 2017 and
600
400
2016 . April YTD sales of 2,003 are running 10.4 % ahead of last
500
year ' s year-to-date sales of 1,814 .
300
400
200
300

Cape Agent Coral

Name
Title Phone Website Other

Community Information | School District 100 200

Number of Properties Sold
100
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 M J
J
A S O N D
J
F M A
0
15
16
17
18
Prices
The Median Sales Price in April was $ 237,000 , up 5.3 % from
M
15
J
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
16
17
18
3 Mo Avg
Prices
$ 225,000 in April of 2017 and up 3.6 % from $ 228,750 last
The month Median . The Sales Average Price Sales in April Price was in $ 237,000 April was , up $ 288,013 5.3 % from , up 5.2 %
$ from 225,000 $ 273,836 in April in of April 2017 of and 2017 up 3.6 and % up from 6.2 $ % 228,750 from $ 271,080 last last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The April Average 2018 Sales ASP was Price at in the April highest was $ level 288,013 compared , up 5.2 % to from $ 273,836 in April of 2017 and up 6.2 % from $ 271,080 last
270
April of 2017 and 2016 . month . April 2018 ASP was at the highest level compared to
250
250
230
April of 2017 and 2016 .
230
210
210 190
190 170
497 617 573 474 474 444
497 617 573 474 474 444 345 509 351 362 472 538 549 533 479 487 466 416 399 449 344 372 584 514 553 566 494 527 354 393 401 520 413 414 557 619
170
150
150
M
M
J
15
J
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
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F M A
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 2,716 Inventory , up 5.7 % of from Properties 2,569 last available month for and sale up as 20.3 of April % from
3,000 was
2,257 2,716 in , April up 5.7 of % last from year 2,569 . April last month 2018 Inventory and up 20.3 was % from at its
3,000
2,500
2,257 highest in April level of compared last year . with April April 2018 of Inventory 2017 and was 2016 at its .
2,500 highest level compared with April of 2017 and 2016 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
2,000
1,500
5.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The April 2018 MSI of 4.4 higher MSI is better for buyers . The April 2018 MSI of 4.4
500
2.0 months was at a mid level compared with April of 2017 and
500 months was at a mid level compared with April of 2017 and
1.0
2016 .
0
2016 .
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 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 M J
J A S O N D J
F M A
15
16
17
18
15
16
17
18
2,000 1,836 1,797 1,717 1,755
2,000 1,836 1,797 1,717 1,755 1,856 2,014 2,055 345 509
1,856 2,292 2,014 2,055 351 362
2,446 2,402 2,316
472
Number of Properties Sold
538 549
2,292 2,446 2,402 2,316 2,176 533 479 487 466
2,176 2,072 2,042 1,980 2,005 2,063 2,195 2,193
416
2,072 2,042 1,980 2,005 2,063
399 449 344 372
2,195
2,193 2,380 2,413 2,381 584 514 553 566
2,257 2,160 2,077 1,968
2,380 2,413 2,381 2,257 2,160 2,077 1,968 1,952 1,952 2,042
TORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estate
494 527
2,150 2,159
354
2,368 2,541
1,952 1,952 2,042
393
3 Mo Avg
401
2,569 2,716
2,150 2,159
520 413
2,368 2,541
3 Mo Avg
414 557
2,569 2,716
619
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 79