FL ARCHIVED December 2017 | Page 57

Market Action Report December 2017

CAPE City : Cape Coral CORAL

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,350,000
-2%
-3%
Average List Price of all Current Listings
$ 1,605,653
-7%
-2%
December Median Sales Price
$ 1,375,000
25 %
17 %
4 %
11 %
$ 1,225,000
1 %
-1%
December Average Sales Price
$ 1,535,000
21 %
13 %
3 %
7 %
$ 1,385,814
-4%
-3%
Total Properties Currently for Sale ( Inventory )
62
19 %
-16%
December Number of Properties Sold
5
25 %
-17%
43
43 %
December Average Days on Market ( Solds )
203
62 %
34 % -28%
27 %
140
-18%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 393
-3%
-2%
5 %
2 %
$ 378
-3%
-2%
December Sold Price per Square Foot
$ 418
29 %
22 %
33 %
22 %
$ 351
3 %
2 %
December Month ' s Supply of Inventory
12.4
-5%
-10%
1 %
-68%
20.5
-47%
-47%
December Sale Price vs List Price Ratio
86.3 % 4.7 % 1.9 % -2.8%
-. 4 %
86.6 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
7 December Property sales were 5 , down 16.7 % from 6 in December of 2016 and 25.0 % higher than the 4 sales last month . 6 December 2017 sales were at a mid level compared to December Property of 2016 and Sales 2015 . December YTD sales of 43 are running 43.3 % 75 December ahead of last Property year ' s sales year-to-date were 5 , down sales of 16.7 30 %. from 6 in December of 2016 and 25.0 % higher than the 4 sales last month . 64 December 2017 sales were at a mid level compared to December of 2016 and 2015 . December YTD sales of 43 are running 43.3 % 53 ahead of last year ' s year-to-date sales of 30 . 42 31
0
1,400 1,000
1,200
Number of Properties Sold
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
1
15
16
17
Prices
The Median Sales Price in December was $ 1,375,000 , up 3.6 % from $ 1,327,500 in December of 2016 and up 25.0 % from
0
2,200
J
F M A M J
15
J
Median Sales Price and Average Sales Price
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
16
17
J
A
3 Mo Avg
S O N D
$ 1,100,000 last month . The Average Sales Price in December
Prices was $ 1,535,000 , up 2.8 % from $ 1,492,500 in December of 2016
The and Median up 20.9 Sales % from Price $ 1,270,000 in December last month was $ 1,375,000 . December , up 2017 3.6 % from
ASP $ was 1,327,500 at the highest in December level compared of 2016 and to December up 25.0 % of from 2016 and
2,000
2,200
1,800
Median Sales Price and Average Sales Price
3 Mo Avg
$
2015 1,100,000 . last month . The Average Sales Price in December was $ 1,535,000 , up 2.8 % from $ 1,492,500 in December of 2016
2,000
1,600
and up 20.9 % from $ 1,270,000 last month . December 2017
1,800
1,400
ASP was at the highest level compared to December of 2016 and
2015 .
1,600
1,200
Inventory & MSI 1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of 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
December was 62 , up 19.2 % from 52 last month and down
90 15 16
17 90.0
16.2 % from 74 in December of last year . December 2017 80 80.0
Inventory was & at MSI its lowest level compared with December of 70 Total Inventory & Month ' s Supply of Inventory ( MSI )
70.0
The 2016 Total and Inventory 2015 . of Properties available for sale as of 60
60.0
December was 62 , up 19.2 % from 52 last month and down
90 50
50.0 90.0
16.2 % from 74 in December of last year . December 2017 80 40
40.0 80.0
Inventory A comparatively was at its lower lowest MSI level is more compared beneficial with for December sellers while of a 70 30
30.0 70.0
2016 higher and MSI 2015 is . better for buyers . The December 2017 MSI of 12.4 60 20
20.0 60.0 months was at a mid level compared with December of 2016 50 10
10.0 50.0 and 2015 . 400
40.0 A comparatively lower MSI is more beneficial for sellers while a 30 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 30.0 higher MSI is better for buyers . The December 2017 MSI of 12.4 20 15
16 17
20.0 months was at a mid level compared with December of 2016 10 10.0 and 2015 . 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 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 REALT
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 .
67 67
2 70
2 72
Agent Name
Title Phone Website Other
1 75
1 68
4 65
3 72
1 70
3 74
1 71
0
77 1
75 75
Number of Properties Sold
2 81
5
74 3 1 1 4 1
71 66 67 69
64 0 2
60 59
4 64
1 74
6 78
2 82
3
74 5 5
69 70
2 63
4
60 2
55
3 5
50 48 52
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
15
16
17
70 72 75
68
65 72 70 74 71 77 75 75
81
74
71 66 67 69 64 60 59
64 74 78 82
74 69 70
63 60
55 50 48 52
3 Mo Avg
Coldwell Banker Global Luxury SM | 57
3 62
62 4 5
0 2 2 1 1 4 3 1 3 1 0 1 2 5 3 1 1 4 1 0 2 4 1 6 2 3 5 5 2 4 2 3 5 3 4 5