FL ARCHIVED December 2017 | Page 53

Market Action Report
December 2017
County: Lee COUNTY
LEE
Market Action
Report
County:
Lee Information
Community
Agent Name
December 2017
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other 4%
$1,685,000
2%
| School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Listings
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$2,121,643 1% Trending versus*:
1%
Month
LM
LY
YTD
Prior
$1,400,000
6% L3M
0% PYM
-3% -3%
$1,453,750
0% YTD Prior
0% Year
$1,685,000
4%
2%
$1,536,162 -14% -10% -24% -17% $1,777,851
-4%
-4%
Average
List Price Currently
of all Current
Listings
$2,121,643
1%
Total Properties
for Sale
(Inventory)
718 1%
7%
2%
December
Price
$1,400,000
-3% -3% $1,453,750
0%
0%
December Median
Number Sales
of Properties
Sold
33 6%
3% 0% -28%
482
10%
December
$1,536,162
-4%
-4%
December Average
Average Sales
Days Price
on Market (Solds)
119 -14%
0% -10%
-10% -24%
-34% -17%
-23% $1,777,851
142
-9%
-8%
Total
Properties
for Sale
(Inventory)
718 20%
7% 12% 30%
2% 25%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$703
$595
6%
6%
December
Number
of
Properties
Sold
33
3%
-28%
482
10%
December Sold Price per Square Foot
$512 0% -1% -7% -6%
$549
1%
0%
December
on of
Market
(Solds)
119 0%
142 -10%
-9%
-8%
December Average
Month's Days
Supply
Inventory
21.8
4% -10%
-0% -34%
42% -23%
7%
18.3
-10%
Asking
Price Sale
per Price
Square
(based
on New Listings)
$703 -1.0%
20% 1.0%
12% 30%
$595
6%
6%
December
vs Foot
List Price
Ratio
90.4%
.9% 25%
.1%
89.3%
-1%
-1%
* LM=Last Month Sold
/ L3M=Last
3 Months
December
Price
per / PYM=Same
Square Month
Foot Prior Year / LY=Last Year (2016) / YTD = Year-to-date
$512 0% -1% -7% -6%
$549
1%
0%
December Month's Supply of Inventory
21.8 4% -0% 42%
7%
18.3
-10%
-10%
Number of Properties Sold
December
Price vs List Price Ratio
90.4% -1.0% 1.0% .9% .1%
89.3%
-1%
-1%
Property Sale
Sales
Average List Price of all Current Listings
Market
Profile
& Sales
Trends
Overview
December
Median
Price
Median
List
Price
of
all
Current
December Average Sales Price Listings
3 Mo Avg
46 23
3 Mo Avg
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
2,800 15
16
17
2,600
2,400
Median Sales Price and Average Sales Price
3 Mo Avg
2,200
2,800
2,000
2,600
1,800
2,400
1,600
2,200
1,400
2,000
1,200
1,800
1,600
1,400
Inventory & MSI
Median Sales Price and Average Sales Price
0
Prices
The Median Sales Price in December was $1,400,000, down
3.5% from $1,450,500 in December of 2016 and up 6.3% from
$1,317,000 last month. The Average Sales Price in December
Prices
was $1,536,162, down 24.1% from $2,023,623 in December of
The
Median
Sales 13.6%
Price from
in December
was last
$1,400,000,
down
2016
and down
$1,778,189
month. December
3.5%
in December
of 2016 to
and
up 6.3% of
from
2017 from
ASP $1,450,500
was at the lowest
level compared
December
2016
$1,317,000
and 2015. last month. The Average Sales Price in December
was $1,536,162, down 24.1% from $2,023,623 in December of
2016 and down 13.6% from $1,778,189 last month. December
2017 ASP was at the lowest level compared to December of 2016
and 2015.
80
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Property sales were 33, down 28.3% from 46 in
December of 2016 and 3.1% higher than the 32 sales last month. 70
3 Mo Avg
Number of Properties Sold
December 2017 sales were at their lowest level compared to
60
Property
Sales
80
December of
2016 and 2015. December YTD sales of 482 are
December
Property
sales
were year's
33, down
28.3% from
50
running 10.3%
ahead
of last
year-to-date
sales 46
of in
437.
December of 2016 and 3.1% higher than the 32 sales last month. 70
40
December 2017 sales were at their lowest level compared to
60
December of 2016 and 2015. December YTD sales of 482 are
30
50
running 10.3% ahead of last year's year-to-date sales of 437.
20
40
10
30
0
20
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
16
17
10 15
1,200
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
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
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
15
16
17
900
45.0
800
40.0
700
35.0
Total Inventory & Month's Supply of Inventory (MSI)
600
30.0
900
45.0
500
25.0
800
40.0
400
20.0
700
35.0
300
15.0
600
30.0
200
10.0
100
5.0
500
25.0
0.0
400 0
20.0
300
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 15.0
16
17
200 15
10.0
100
5.0
0
0.0
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
15
16
17
The Total Inventory of Properties available for sale as of
December was 718, up 7.2% from 670 last month and up 1.8%
from 705 in December of last year. December 2017 Inventory
Inventory
& MSI
was at its highest
level compared with December of 2016 and
2015.
The
Total Inventory of Properties available for sale as of
December was 718, up 7.2% from 670 last month and up 1.8%
from 705 in December of last year. December 2017 Inventory
A comparatively
lower compared
MSI is more
beneficial
for of sellers
was
at its highest level
with
December
2016 while
and