FL ARCHIVED March 2018 | Page 156

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

City : Cape Coral 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
$ 275,000
-2%
-2%
Average List Price of all Current Listings
$ 363,667
-1%
-3%
March Median Sales Price
$ 230,900
0 %
3 %
5 %
5 %
$ 227,800
5 %
4 %
March Average Sales Price
$ 273,353
-3%
1 %
0 %
3 %
$ 273,279
3 %
3 %
Total Properties Currently for Sale ( Inventory )
2,819
10 %
18 %
March Number of Properties Sold
542
31 %
-7%
1,367
5 %
March Average Days on Market ( Solds )
67
-8%
-4% -14% -12%
70
-14%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 165
2 %
0 %
7 %
4 %
$ 165
4 %
4 %
March Sold Price per Square Foot
$ 149
0 %
2 %
2 %
4 %
$ 148
2 %
3 %
March Month ' s Supply of Inventory
5.2 -16% -9%
28 %
9 %
5.7
-2%
20 %
March Sale Price vs List Price Ratio
95.1 %
-. 1 %
. 0 %
. 3 %
. 3 %
95.0 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
700
March Property sales were 542 , down 7.2 % from 584 in March
of 2017 and 31.2 % higher than the 413 sales last month . March
600
Property
2018 sales Sales were at a mid level compared to March of 2017 and
700
March
2016 . Property March YTD sales sales were of 542 1,367 , down are 7.2 running % from 5.2 584 % in ahead March of last
500
of year 2017 ' s and year-to-date 31.2 % higher sales than of 1,300 the 413 . sales last month . March
2018 sales were at a mid level compared to March of 2017 and
600
400
2016 . March YTD sales of 1,367 are running 5.2 % ahead of last
500
year ' s year-to-date sales of 1,300 .
300
400
200
300
200
100

Cape Agent Coral

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
100
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
0
15
16
17
18
Prices
The Median Sales Price in March was $ 230,900 , up 5.0 % from
A
M J
15
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
16
17
18
3 Mo Avg
Prices
$ 220,000 in March of 2017 and up 0.4 % from $ 230,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 230,900 was , up $ 273,353 5.0 % from , up
$
0.1 220,000 % from in $ March 272,976 of 2017 in March and up of 2017 0.4 % and from down $ 230,000 3.1 % last from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 282,191 . The last Average month Sales . March Price 2018 in March ASP was $ at 273,353 the highest , up level
0.1 % from $ 272,976 in March of 2017 and down 3.1 % from
270 compared to March of 2017 and 2016 .
$ 282,191 last month . March 2018 ASP was at the highest level
250
250
230
compared to March of 2017 and 2016 .
230
210
210 190
190 170
570 497 617
570 497 617 573 474 474 444 345 509 351 362 472 538 549 533 479 487 466 416 399 449 344 372 584 514 553 566 494 527 354 392 400 519 412 413 542
170
150
150
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
The was Total 2,819 Inventory , up 9.6 % of from Properties 2,572 available last month for and sale up as of 18.4 March % from
3,000 was
2,381 2,819 in , March up 9.6 % of from last year 2,572 . March last month 2018 and Inventory up 18.4 % was from at its
3,000
2,500
2,381 highest in March level compared of last year with . March March 2018 of Inventory 2017 and was 2016 at . its
2,500 highest level compared with March of 2017 and 2016 .
2,000
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
8.0
7.0
6.0
5.0
4.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The March 2018 MSI of 5.2
2.0 higher MSI is better for buyers . The March 2018 MSI of 5.2
500
2.0 months was at its highest level compared with March of 2017
500
1.0 months was at its highest level compared with March of 2017
1.0
, Flagler County Association and 2016 of 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
0.0 . C and 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
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
15
16
17
18
15
16
17
18
2,216
2,000 1,836 1,797 1,717 573 474 474 444
2,216
2,000 1,836 1,797 1,717 1,755 1,856
1,755
1,856 2,014 2,055
345
2,292 509 351
2,446 2,402 2,316
2,014 2,055
362
Number of Properties Sold
472 538 549 533 479 487 466
2,176 2,072 2,042 1,980 2,005 2,063 2,195 2,193
416
2,292 2,446 2,402 2,316 2,176 2,072 2,042 1,980 2,005 2,063
399 449 344 372
2,195
2,193 2,380 2,413 2,381 584 514 553 566
2,380 2,413 2,381 2,257 2,158 2,077 1,968 1,952 1,948 2,037
494
2,145 2,151
527
2,257 2,158 2,077 1,968 1,952 1,948
354
2,363 2,572
3 Mo Avg
392 2,819
400
2,037 2,145 2,151
519 2,363
3 Mo Avg
412 413
2,572 2,819
542
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 79