Community Information | School District
Market Action Report February 2018
County : Lee Price Range : All | Properties : SFH - Con
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for February was 84 , up 2.4 % from 82 days last month and down 7.7 % from 91 days in February of last year . The February 2018 DOM was at a mid level compared with February of 2017 and 2016 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The February 2018 Selling Price per Square Foot of $ 172 was down 7.5 % from $ 186 last month and up 3.6 % from 166 in February of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The February 2018 Selling Price vs Original List Price of 94.0 % was up from 93.7 % last month and up from 93.7 % in February of last year .
Lee Agent County
Name
Title Phone Website Other
Community Information | School District
Days On Market for Sold Properties
100 |
91 |
90 |
84 |
80 |
71 |
70 |
60 |
50 |
40 |
30 |
20 |
10 |
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 |
15 |
|
|
|
16 |
|
|
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|
17 |
|
|
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|
18 |
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Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
96 % 95 % 95 % 94 % 94 % 93 %
149
|
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 |
15 |
|
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|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
|
166
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.2 %
93.7 %
3 Mo Avg
3 Mo Avg
172
94.0 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in February 2018 was 2,825 , down 19.9 % from 3,529 last month and up 3.5 % from 2,730 in February of last year .
93 % |
|
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 |
15 |
|
|
16 |
|
|
|
17 |
|
|
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18 |
|
Inventory / New Listings / Sales |
12,000 10,000 8,000 6,000 4,000
8,075
7,637 7,095 6,690 6,402 6,210 6,274 6,694 7,170 7,302
8,228 8,874 8,897 8,601 8,195 7,847 7,563 7,396 7,552 7,981 8,430 8,586 9,459 9,780 9,536
8,977 8,474 8,057 7,680 7,430 7,267 7,696 8,129 8,240 9,225 10,006
2,000 0
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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 |
15 |
|
|
16 |
|
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|
17 |
|
|
|
18 |
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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 Association of REALTORS 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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