FL ARCHIVED July 2017 | Page 75

Market Action Report July 2017
Phone Community Information | School District

County : Lee

Price Range : All | Properties : SFH - Con

Lee County

Agent Name
Market Action Report July 2017

Phone Community Information | School District

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
$ 299,904
-3%
0 %
Average List Price of all Current Listings
$ 467,972
-2%
0 %
July Median Sales Price
$ 223,000
-3%
-3%
4 %
4 %
$ 229,000
7 %
7 %
July Average Sales Price
$ 285,766
-11% -9%
7 %
-3%
$ 315,819
6 %
7 %
Total Properties Currently for Sale ( Inventory )
7,819
-1%
4 %
July Number of Properties Sold
1,418 -18%
-2%
11,115
4 %
July Average Days on Market ( Solds )
86
0 %
2 %
16 %
12 %
85
15 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 174
-2%
-2%
5 %
-4%
$ 183
3 %
1 %
July Sold Price per Square Foot
$ 159
-4%
-5%
10 %
1 %
$ 169
7 %
7 %
July Month ' s Supply of Inventory
5.5
20 %
14 %
6 %
-3%
5.7
2 %
1 %
July Sale Price vs List Price Ratio
93.5 %
. 0 %
-. 1 % -. 6 %
-. 8 %
93.7 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 July Property sales were 1,418 , down 1.5 % from 1,440 in July of
2016 and 17.8 % lower than the 1,725 sales last month . July 2017 Property sales were Sales at their lowest level compared to July of 2016 and 2,5002,000
July 2015 Property . July YTD sales sales were of 1,418 11,115 , down are 1.5 running % from 4.4 1,440 % ahead in July of of last 2016 year and ' s year-to-date 17.8 % lower sales than of the 10,647 1,725 . sales last month . July 2017 sales were at their lowest level compared to July of 2016 and 2,0001,500 2015 . July YTD sales of 11,115 are running 4.4 % ahead of last year ' s year-to-date sales of 10,647 .
1,5001,000
Title
Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
500
1,448 1,346 1,462 1,249 1,660
500 0
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
0 14 15
16
17 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in July was $ 223,000 , up 3.7 % from
350
Prices $ 215,000 in July of 2016 and down 3.0 % from $ 230,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in July Price was $ in 223,000 July was , up $ 285,766 3.7 % from , up 7.0 %
330
350 $ from 215,000 $ 267,084 in July of in 2016 July of and 2016 down and 3.0 down % from 10.5 $ 230,000 % from $ last 319,322 310 month . The Average Sales Price in July was $ 285,766 , up 7.0 %
330
last month . July 2017 ASP was at a mid range compared to July 290 from $ 267,084 in July of 2016 and down 10.5 % from $ 319,322 310 of 2016 and 2015 .
270 last month . July 2017 ASP was at a mid range compared to July 290 250 of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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
14 O N D J 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 A
17 M J J
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of July Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 7,819 Inventory , down 1.5 of % Properties from 7,937 available last month for sale and as up of 4.2 July % from 12,000
9.0 was 7,506 7,819 in , July down of 1.5 last % from year . 7,937 July last 2017 month Inventory and up was 4.2 at % its from highest 12,000
9.0 8.0 10,000
7,506 level in compared July of last with year July . July of 2016 2017 Inventory and 2015 . was at its highest
8.0 7.0 10,000 level compared with July of 2016 and 2015 . 8,000
7.0 6.0
8,000
6.0 5.0 6,000
5.0 6,000
4.0
A comparatively lower MSI is more beneficial for sellers while a 4,000
4.0 3.0
A comparatively lower MSI is more beneficial for sellers while a 4,000 3.0 higher MSI is better for buyers . The July 2017 MSI of 5.5 2.0 higher MSI is better for buyers . The July 2017 MSI of 5.5 2,000
2.0 months was at its highest level compared with July of 2016 and 2,000
1.0 months was at its highest level compared with July of 2016 and
1.0 2015 .
0 0.0
2015 . 0
0.0 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 M A M J J 14 15
16 17
14 15 16
17
1,210 1,429 1,947 2,039 1,868
1,448 1,346 1,462 1,249 1,660 1,210 1,429 1,947 2,039 1,868 1,905 1,721 1,465 1,493 1,440 1,156 1,559 1,144 1,171 1,626 1,812 1,797 1,657 1,440 1,504 1,367 1,291 1,307 1,462 1,181 1,226 1,957 1,725 1,883 1,725 1,418
7,309 7,267 7,626 7,737 7,812 8,366 8,351 8,030 7,591 7,052
7,309 7,267 7,626 7,737 7,812 8,366 8,351 8,030 7,591 7,052 6,649 6,363 6,172 1,905 1,721 1,465 1,493
6,649 6,363 6,172 6,238
6,653 8,186 7,127 7,267
6,238 6,653 7,127 7,267 1,440 1,156 1,559 1,144
8,828 8,850 8,546 8,145 1,171 1,626 1,812 1,797 1,657 1,440 1,504
8,186 8,828 8,850 8,546 8,145 7,790 7,506 7,336 7,483
7,790 7,506 7,336 7,483 7,896 8,334 8,488
1,367 1,291 1,307
9,342
7,896 9,650 8,334 9,392 8,823 1,462 1,181 1,226
8,304 7,937 7,819 1,957 1,725
8,488 9,342 9,650 9,392 8,823 8,304
1,883 1,725
7,937 7,819
1,418
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