FL ARCHIVED February 2018 | Page 144

Market Action Report February 2018
Community Information | School District
Market Action Report February 2018

City : Naples

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
$ 470,500
0 %
-1%
Average List Price of all Current Listings
$ 975,317
-1%
-3%
February Median Sales Price
$ 375,000
-8%
3 %
8 %
7 %
$ 384,065
13 %
10 %
February Average Sales Price
$ 733,589
-1%
12 %
21 %
19 %
$ 738,449
26 %
20 %
Total Properties Currently for Sale ( Inventory )
5,727
2 %
-11%
February Number of Properties Sold
601
-7%
-3%
1,248
4 %
February Average Days on Market ( Solds )
108
3 %
-3%
-2%
0 %
107
2 %
-1%
Asking Price per Square Foot ( based on New Listings )
$ 301
-4%
-1%
2 %
3 %
$ 308
6 %
5 %
February Sold Price per Square Foot
$ 294
-2%
8 %
11 %
12 %
$ 297
13 %
13 %
February Month ' s Supply of Inventory
9.5
10 %
9 %
-8%
13 %
9.1
-14%
8 %
February Sale Price vs List Price Ratio
93.4 %
-. 5 %
. 2 %
. 4 %
1.0 %
93.7 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1,200
February Property sales were 601 , down 3.4 % from 622 in
February of 2017 and 7.1 % lower than the 647 sales last month .
1,000
Property
February 2018 Sales sales were at a mid level compared to February
1,200
February of 2017 and Property 2016 sales . February were 601 YTD , down sales 3.4 of % 1,248 from are 622 running
February
3.7 % ahead of 2017 of last and year 7.1 %' s lower year-to-date than the sales 647 sales of 1,203 last . month .
February 2018 sales were at a mid level compared to February
1,000
800
of 2017 and 2016 . February YTD sales of 1,248 are running
3.7 % ahead of last year ' s year-to-date sales of 1,203 .
800
600
600
400
400

Naples

200
Number of Properties Sold
200 0 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
0 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in February was $ 375,000 , up 7.8 %
800
Prices from $ 347,728 in February of 2017 and down 7.9 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 407,000 Median last Sales month Price . in The February Average was Sales $ 375,000 Price , in up February 7.8 % was
750
800 from $ 733,589 $ 347,728 , up in 20.9 February % from of $ 2017 606,646 and in down February 7.9 % from of 2017 and 700 $ 407,000 last month . The Average Sales Price in February was
750
down 1.3 % from $ 742,963 last month . February 2018 ASP was 650 $ 733,589 , up 20.9 % from $ 606,646 in February of 2017 and 700 at the highest level compared to February of 2017 and 2016 . 600 down 1.3 % from $ 742,963 last month . February 2018 ASP was 650
550 at the highest level compared to February of 2017 and 2016 . 600
500 550
450 500
400 450
350
400 350
300
300 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 M J J 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
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 5,727 of , Properties up 2.5 % from available 5,589 for last sale month as of and down 7,000
14.0
February 10.8 % from was 5,727 6,418 , in up February 2.5 % from of 5,589 last year last . month February and down 2018 7,0006,000
14.0 12.0
10.8 Inventory % from was 6,418 at in a February mid level of compared last year . with February February 2018 of 2017 6,000 5,000
12.0 10.0
Inventory and 2016 was . at a mid level compared with February of 2017 5,000
10.0 and 2016 .
4,000 8.0
4,000 8.0
3,000 6.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a 6.0
2,000 4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2018 MSI while of a 9.52,000 4.0 higher months MSI was is better at its lowest for buyers level . The compared February with 2018 February MSI of 9.5 of 2017 1,000
2.0 months was at its lowest level compared with February of 2017 1,000
2.0 , Flagler County Association and 2016 of REALTORS . , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association 0 , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estate 0.0 activity . C and 2016 . 0
0.0 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
A J F M A M J
F M A M J F
15 16
17 18
972 1,111 965 855 717 687 693 617 566 704 559 514 772 884 792 813 611 636 570 548 542 649 581 622 884 838 971 892 645 673 386 542 490 649 647 601
4,587 4,361 4,091 3,931 3,780 3,713 3,676
M
15
972 1,111
Agent Name
Title Phone Website Other

Community Information | School District

965 855 717 687 693
3,942 4,210 4,371
617
4,587 4,361 4,091 3,931 3,780 3,713 3,676 3,942
J A S O N D J
16
566 704 559
Number of Properties Sold
514 772 884 792 813 611
5,011 5,472 5,545 5,551 5,350 5,155 4,910 4,834 4,987 5,268 5,612
4,210 4,371
636
5,011 5,472 5,545 5,551 5,350 5,155 4,910 4,834 4,987
570
5,732 6,261
J A S O N D J
17
548 542
6,418 6,362
5,268 5,612
649 581 622 884 838
6,052 5,581 5,270 4,969 4,885 4,627
971
5,732 6,261 6,418 6,362 6,052 5,581 5,270
892 645
4,969 4,885 4,627
4,752 5,063 5,175 5,589 5,727
J A S O N D J 18
3 Mo Avg
673 386
4,752 5,063
542 5,175
490
3 Mo Avg
649
5,589
5,727 647 601
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 .
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