FL ARCHIVED March 2018 | Page 136

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

County : Collier

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
$ 479,000
1 %
-1%
Average List Price of all Current Listings
$ 972,545
0 %
-2%
March Median Sales Price
$ 400,000
4 %
4 %
7 %
11 %
$ 399,500
10 %
11 %
March Average Sales Price
$ 700,134
-5%
1 %
6 %
12 %
$ 721,414
14 %
16 %
Total Properties Currently for Sale ( Inventory )
6,529
-2%
-10%
March Number of Properties Sold
941
40 %
-4%
2,320
-0%
March Average Days on Market ( Solds )
111
1 %
-2%
5 %
1 %
110
1 %
0 %
Asking Price per Square Foot ( based on New Listings )
$ 322
5 %
2 %
8 %
7 %
$ 318
6 %
6 %
March Sold Price per Square Foot
$ 288
-4%
0 %
1 %
6 %
$ 296
6 %
9 %
March Month ' s Supply of Inventory
6.9 -30% -20% -6%
-21%
8.7
-10%
-1%
March Sale Price vs List Price Ratio
93.0 %
-. 1 % -. 1 %
. 6 %
. 7 %
93.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1,400
March Property sales were 941 , down 4.2 % from 982 in March
of 2017 and 39.6 % higher than the 674 sales last month . March
1,200
Property
2018 sales Sales were at a mid level compared to March of 2017 and
1,400
March
2016 . Property March YTD sales sales were of 941 2,320 , down are 4.2 running % from 982 0.3 % in behind March last
1,000
of year 2017 ' s and year-to-date 39.6 % higher sales than of 2,326 the 674 . sales last month . March
2018 sales were at a mid level compared to March of 2017 and
1,200
800
2016 . March YTD sales of 2,320 are running 0.3 % behind last
1,000
year ' s year-to-date sales of 2,326 .
600
800
400
600
400
200

Collier Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
0
200 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
0 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in March was $ 400,000 , up 6.7 % from
800
Prices $ 375,000 in March of 2017 and up 3.9 % from $ 385,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 400,000 was , up $ 700,134 6.7 % from , up
750
800 $ 6.3 375,000 % from in $ March 658,736 of 2017 in March and up of 3.9 2017 % from and down $ 385,000 4.9 % last from 700 month . The Average Sales Price in March $ 700,134 , up
750
$ 735,874 last month . March 2018 ASP was at the highest level 650 6.3 % from $ 658,736 in March of 2017 and down 4.9 % from 700 compared to March of 2017 and 2016 .
600
$ 735,874 last month . March 2018 ASP was at the highest level 650 550 compared to March of 2017 and 2016 . 600
500 550
450 500
400 450
350
400 350
300
300 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
15 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 M
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 March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 6,529 Inventory , down 2.1 of % Properties from 6,672 available last month for sale and as down of March 10.2 % 8,000
14.0 was from 6,529 7,271 , down in March 2.1 % from of last 6,672 year last . March month 2018 and down Inventory 10.2 % was at 8,000 a 7,000
14.0 12.0 from mid 7,271 level in compared March of with last year March . March of 2017 2018 and Inventory 2016 . was at a 7,0006,000 12.0
10.0 mid level compared with March of 2017 and 2016 .
6,0005,000 10.0
8.0 5,0004,000
8.0 4,000
6.0
3,000 A comparatively lower MSI is more beneficial for sellers while 6.0
3,000 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2018 sellers MSI while of 6.9 a 2,000
4.0 4.0 higher MSI is better for buyers . The March 2018 MSI of 6.9
2,000 months was at its lowest level compared with March of 2017 and 1,000
2.0 months was at its lowest level compared with March of 2017 and 1,000 2.0
2016 . 0
0.0 2016 .
0
0.0 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
M J F M A M J
F M A M J F M
15 16
17 18
1,213 1,048 985 785 758 773 687 618 772 622 581 852 975 891 908 686 703 647 603 601 724 648 696 982 945 1,083 992 714 743 415 600 548 730 705 674 941
5,089 4,810 4,605 4,422 4,312 4,291 4,575
A
15
1,213 1,048 985 785 758 773
4,929 5,128
687
5,089 4,810 4,605 4,422 4,312 4,291 4,575
J A S O N D J
16
618 772 622 581
5,860 6,339 6,443 6,421 6,185 5,964 5,683
4,929 5,128
Number of Properties Sold
852 975 891 908 686 703
5,860 6,339 6,443 6,421 6,185 5,964 5,683 5,606 5,775
5,606 5,775 6,079 6,483 6,604
647
J A S O N D J 17
603
6,483 601 724 648 696 982 945
6,079 7,146 7,336 7,271 6,948
6,396 6,073 5,747 5,683 5,382
1,083
6,604 7,146 7,336 7,271 6,948 6,396 6,073
992 714
5,747 5,683 5,382
5,513 5,838 5,963
743
J A S O N D J 18
6,426 5,513 6,672 6,529 5,838
3 Mo Avg
415 600 548
5,963 6,426
730
3 Mo Avg 705
6,672
6,529 674 941
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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