FL ARCHIVED February 2018 | Page 74

February 2018
Naples
County: Lee
Agent Name
Title
Phone
Website
Other
County: Lee
110
108
92
Market
Profile
& Sales
Trends
Overview
February
Median
Price
Median
List Average
Price of Sales
all Current
February
Price Listings
80
60 Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
40 February Average Sales Price
February
Sales
Price
February Median
Number
of Properties
Sold
February Average Days on Market (Solds)
Total Prope rties Currently for Sale (Inventory)
20
Asking Price per Square Foot (based on New Listings)
February Number of Properties Sold
February Sold Price per Square Foot
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
17
18
Selling Price per Square Foot
February Sale Price vs List Price Ratio
February Sold Price per Square Foot
3 Mo Avg
February Sale Price vs List Price Ratio
February Property sales were 1,310, up 6.7% from 1,228 in
February of 2017 and 3.9% higher than the 1,261 sales last
Property
Sales 2018 sales were at their highest level
month. February
2,500 2,000
February
Property
sales were
1,310,
up 2016.
6.7% from
1,228 YTD
in sales of
compared
to February
of 2017
and
February
February
2017 and 6.2%
3.9% ahead
higher of than
1,261
sales last sales of
2,571 are of running
last the
year's
year-to-date
2,000 1,500
month.
2,421. February 2018 sales were at their highest level
93.4%
93.0%
93%
92%
91%
90%
Prices
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
18
150
3,000
4,000
5,000
6,000
300
200
7,000
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 1,358, down 23.9% from 1,785 last month
and down 1.9% from 1,384 in February of last year.
Inventory & MSI
15
250
Inventory / New Listings / Sales
Inventory / New Listings / Sales
16
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
18
M A M J J A S O N Median
D J F M Sales
A M J Price
J A S and
O N D Average
J F M A Sales
M J J Price
A S O N D J F
The Median Sales Price in February was $230,310, up 2.4%
400
Prices
from $225,000 in February of 2017 and up 0.1% from
The
Median last
Sales month.
Price in The
February
was Sales
$230,310,
2.4%
$230,000
Average
Price up
in February
was
400 350
from
$225,000
in February
of 2017 and
up 0.1% from
$324,925,
up 5.4%
from $308,257
in February
of 2017 and
$230,000
last from
month.
The Average
Sales Price
in February
was was
down 9.4%
$358,685
last month.
February
2018 ASP
$324,925,
up 5.4%
from
$308,257
February
2017 and
and 2016. 350 300
at the highest
level
compared
to in
February
of of 2017
down 9.4% from $358,685 last month. February 2018 ASP was
at the highest level compared to February of 2017 and 2016.
89%
0
0
500
3 Mo Avg
94.6%
94%
3 Mo Avg
1,500 1,000
Selling Price versus Listing Price Ratio
95%
3 Mo Avg
1,000 500
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
-2%
5%
7%
26%
0%
Number of Properties Sold
263
compared to February of 2017 and 2016. February YTD sales of
2,571 are running 6.2% ahead of last year's year-to-date sales of
2,421.
Selling Price vs Original Listings Price
1%
9%
2,500
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
18
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 93.4% was down from 93.9% last month and up
from 93.0% in February of last year.
$172 -7% 2% 4% 3%
$179
7%
7%
7.6 4% 12% -4% 28%
7.5
-6%
26%
of 93.9%
Properties
94.0% .3% -.0% .3% Number
.1%
-0% Sold 0%
February Month's Supply of Inventory
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
263
Trending versus*:
Prior YTD Prior Year
YTD
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
294
300
290
280
270
260
250
240
230
220
210
200
February Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
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 $294 was
down 2.0% from $300 last month and up 11.5% from 263 in
February of last year.
February Average Days on Market (Solds)
Selling Price per Square Foot
Trending versus*:
L3M PYM
LY
$309,900
-0%
0%
Other
$491,543 Trending
-1% versus*: 2%
Trending versus*:
Month
LM 0%
L3M 1%
PYM 2%
LY
Prior YTD 2%
Prior Year
$230,310
1% YTD
$230,000
$309,900
-0% -9% 2%
0% 5%
$324,925
4%
$341,483
10%
$491,543
-1% 8%
2% 2%
10,006
$230,310 1,310
0% 4%
1% 2% 7%
1%
$230,000 2,571
2%
6% 1%
$324,925 -9%
2%
5%
4%
$341,483
10%
84 2% 0% -8% -1%
83
-6% 9%
10,006 8%
2%
$196 -2% -3% 3% 4%
$198
5%
1,310 4%
7%
2,571
6%
$172 -7% 2% 4% 3%
$179
7%
84 2% 0% -8% -1%
83
-6%
-2%
7.6 4% 12% -4% 28%
7.5
-6%
$196 -2% -3% 3% 4%
$198
5%
5%
94.0% .3% -.0% .3% .1%
93.9%
-0%
Average List Price of all Current Listings
100
LM
120
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
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 108, up 2.9% from
105 days last month and down 1.8% from 110 days in February of
last year. The February 2018 DOM was at a mid level compared
with February of 2017 and 2016.
Phone
Month
Website
3 Mo Avg
140
February 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
Title
Phone
Agent
Name
Website
Title Other
Price Range: All | Properties: SFH - Con
Agent Name
Market Action Report
Community Information | School District
February 2018
Lee County
City: Naples
Market Action Report
Market Action Report
17
Median Sales Price and Average Sales Price
18
3 Mo Avg
3 Mo Avg
250
200
150
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
18
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
15
16
17
18
The Total Inventory
Inventory
& MSI of Properties available for sale as of
12,000
February
was 10,006,
up 8.5% available
from 9,225
The
Total Inventory
of Properties
for last
sale month
as of and up
12,000
2.3%
from
9,780
in
February
of
last
year.
February
2018
February was 10,006, up 8.5% from 9,225 last month and up
10,000
2.3%
from 9,780
in its
February
last year.
February
Inventory
was at
highest of level
compared
with 2018
February of 10,000
8,000
Inventory
at its highest level compared with February of
2017 and was
2016.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
9.0
8.0
9.0
2,000
8.0
7.0
7.0
6.0
1,000
8,000
6.0
5.0
2017 and 2016.
6,000
0
5.0
4.0
6,000
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
4.0
4,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
15
16
17
18
3.0
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while of a 7.6 4,000
2.0
MSI is better
for buyers.
February
2018 MSI
2.0
higher
MSI
is better
for level
buyers.
The February
2018 MSI of of 2017
7.6 and 2,000 2,000
1.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
months
was
at a mid
compared
with February
1.0
months
at a mid level compared with February of 2017 and
0.0
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, Flagler County Association
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 activity.
2016. of was
0
0.0
2016.
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.
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 M J J A S O N D J F
15
16
17
18
15
16
17
18
74 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
c o l dw el l b a n k er h o m es . c o m
| 75
C
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.