FL ARCHIVED January 2018 | Page 79

Market Action Report
City: Cape Coral
Cape Coral
Agent Name
Market Action Report
City: Cape Coral
January 2018
Title
Phone
Agent
Name
Website
Title Other
January 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$284,000
1%
-0%
Other
$372,760 Trending
1% versus*:
-1%
Month
LM 1%
L3M 1%
PYM 3%
LY
$222,050
$284,000
1% 0% 1%
-0% 2%
$264,504
$372,760 2,525
1% 17% -1% 6%
$222,050 408
1% -21%
1% 3% 19%
1%
$264,504 0%
1%
2%
-1%
71 1% -3% -9%
2,525 17%
6%
$171 1% 3% 8%
408 -21%
19%
$147 3% 3% 3%
71 1% -3% -9% -7%
6.2 48% 18% -11%
$171 1% 3% 8% 8%
94.8% -.4% -.3% .0%
Average List Price of all Current Listings
Market
Trends
Overview
January Profile
Median & Sales
Price
Median
List
Price of Sales
all Current
January
Average
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
January
Sales
Price
January Median
Number
of Properties
Sold
January Average Sales Price
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
January Number of Properties Sold
January Sold Price per Square Foot
January Average Days on Market (Solds)
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sale Price vs List Price Ratio
January Sold Price per Square Foot
January Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
Trending versus*:
YTD
Prior YTD 3%
Prior Year
$222,050
1%
-1%
$264,504
3%
408
2%
71
$171
408
19%
$147
71
-9%
6.2
$171
8%
94.8%
8%
2%
30%
.0%
1%
-1%
2%
$222,050
$264,504
-7%
19% 1%
-9% -1%
8%
4%
-7%
-11%
8%
-0%
-7%
8%
2%
30%
-0%
$147 3% 3% 3% 2%
$147
4%
2%
6.2 48% 18% -11% 30%
6.2 -11%
30%
of 94.8%
Properties
94.8% -.4% -.3% .0% Number
.0%
-0% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
700
January Property sales were 408, up 18.6% from 344 in January
of 2017 and 21.4% lower than the 519 sales last month. January 600
Property
2018 sales Sales
were at their highest level compared to January of 700
January
Property
were YTD
408, sales
up 18.6%
from
in January
500
2017 and
2016. sales
January
of 408
are 344
running
18.6%
of ahead
2017 and
21.4%
lower
than the 519
sales
of last
year's
year-to-date
sales
of last
344. month. January 600
400
2018 sales were at their highest level compared to January of
Prices
549
15
The Median Sales Price in January was $222,050, up 3.3% from
Prices
$215,000 in January of 2017 and up 1.4% from $218,900 last
290
The
Median
Sales
Price Sales
in January
$222,050,
3.3% from up
month.
The
Average
Price was
in January
was up $264,504,
270
$215,000
in
January
of
2017
and
up
1.4%
from
$218,900
last
2.1% from $259,026 in January of 2017 and up 0.4% from
290
month.
The last
Average
Sales
Price in 2018
January
up level 250
$263,519
month.
January
ASP was
was $264,504,
at the highest
270
2.1%
from $259,026
in January
2017
and up 0.4% from
compared
to January
of 2017 of
and
2016.
$263,519 last month. January 2018 ASP was at the highest level 250 230
16
18 3 Mo Avg
17
Median Sales Price and Average Sales Price
416
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
15
16
17
18
F M A M J J A S O N
D J F M Sales
A M J Price
J A S and
O N Average
D J F M Sales
A M J Price
J A S O N D J
Median
0
compared to January of 2017 and 2016.
0
100
100
200
200
300
3 Mo Avg
300
400
500
2017 and 2016. January YTD sales of 408 are running 18.6%
ahead of last year's year-to-date sales of 344.
Number of Properties Sold
3 Mo Avg
230 210
210 190
190 170
170 150
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
18
150
F M 15
A 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
15
16
17
18
2,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
1,500
A comparatively lower MSI is more beneficial for sellers while a
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
3,000
January
was 2,525, of up
16.6% from
2,165 for
last
month
The
Total Inventory
Properties
available
sale
as of and up 6.1%
3,000
from
2,380
in
January
of
last
year.
January
2018
Inventory
was
January was 2,525, up 16.6% from 2,165 last month and up 6.1%
2,500
from
in January
of last year.
2018
Inventory
was 2,500
at its 2,380
highest
level compared
with January
January
of 2017
and 2016.
2,000
at its highest level compared with January of 2017 and 2016.
1,000
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 6.2 1,000
500
higher
MSI
is better
for buyers.
January with
2018
MSI of 6.2
months
was
at its lowest
level The
compared
January
of 2017 500
months
was
at
its
lowest
level
compared
with
January
of
2017
0
and 2016.
0
and 2016.
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 M A M J J A S O N D J
15
16
17
18
15
16
17
18
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
| 79
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
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
REA