FL ARCHIVED May 2018 | Page 136

Market Action Report May 2018

COLLIER County : Collier COUNTY

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,995,000
-0%
5 %
Average List Price of all Current Listings
$ 2,878,289
-1%
-1%
May Median Sales Price
$ 2,057,500
25 %
16 %
15 %
23 %
$ 1,765,000
4 %
5 %
May Average Sales Price
$ 2,697,294
6 %
9 %
17 %
21 %
$ 2,361,601
1 %
6 %
Total Properties Currently for Sale ( Inventory )
1,221
-7%
-17%
May Number of Properties Sold
158
4 %
-10%
743
23 %
May Average Days on Market ( Solds )
161
1 %
7 %
16 %
5 %
143
-8%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 713
1 %
0 %
-3%
5 %
$ 698
2 %
3 %
May Sold Price per Square Foot
$ 684
7 %
4 %
8 %
7 %
$ 639
-4%
0 %
May Month ' s Supply of Inventory
7.7 -10% -12% -7%
-53%
9.1
-37%
-45%
May Sale Price vs List Price Ratio
89.8 % -2.1% -1.7% . 4 %
-. 2 %
92.2 %
3 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales May Property sales were 158 , down 10.2 % from 176 in May of 2017 and 3.9 % higher than the 152 sales last month . May 2018 sales were at a mid level compared to May of 2017 and 2016 . Property May YTD sales Sales of 743 are running 22.8 % ahead of last year ' s May year-to-date Property sales sales of were 605158 . , down 10.2 % from 176 in May of 2017 and 3.9 % higher than the 152 sales last month . May 2018 sales were at a mid level compared to May of 2017 and 2016 . May YTD sales of 743 are running 22.8 % ahead of last year ' s year-to-date sales of 605 .
Prices The Median Sales Price in May was $ 2,057,500 , up 15.1 % from $ 1,787,500 in May of 2017 and up 24.7 % from $ 1,650,000 last month . The Average Sales Price in May was $ 2,697,294 , up
Prices 16.6 % from $ 2,312,322 in May of 2017 and up 6.3 % from The $ 2,538,589 Median Sales last month Price . in May 2018 was $ ASP 2,057,500 was at the , up highest 15.1 % from level $ compared 1,787,500 to in May of 2017 and 2016 up 24.7 . % from $ 1,650,000 last month . The Average Sales Price in May was $ 2,697,294 , up 16.6 % from $ 2,312,322 in May of 2017 and up 6.3 % from $ 2,538,589 last month . May 2018 ASP was at the highest level compared to May of 2017 and 2016 .
Agent Name
Title Phone Website Other Number of Properties Sold
200
180
160
Number of Properties Sold
3 Mo Avg
200
140
180
120
160
100
140
80
120
60
100
40
80
20
600
40
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
20
15
16
17
18
0
Median Sales Price and Average Sales Price
3 Mo Avg
2,800
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
16
17
18
2,600
2,400
Median Sales Price and Average Sales Price
3 Mo Avg
2,800
2,200
2,600
2,000
2,400
1,800
2,200
1,600
2,000
1,400
1,800
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
1,600
15
16
17
18
107 92 85 80 63 68 84 86
107 92 85 80 63 68 84 86 83 91 136 124 109 68 63 59 53 62 79 91 82 131 125 176 111 76 69 43 64 63 106 166 127 140 152 158
Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of May was 1,221 , down 6.5 % from 1,306 last month and down 16.9 %
1,400
1,800
J
15
J
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
16
17
18
30.0
from 1,469 in May of last year . May 2018 Inventory was at its
Inventory lowest level compared & MSI with May of 2017 and 2016 .
1,600
1,400
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
The Total Inventory of Properties available for sale as of May
1,200
20.0
was 1,221 , down 6.5 % from 1,306 last month and down 16.9 % from 1,469 in May of last year . May 2018 Inventory was at its lowest
A comparatively level compared lower with MSI May is more of 2017 beneficial and 2016 for . sellers while a
1,800
1,000
1,600
800
1,400
600
30.0
15.0
25.0
10.0
higher MSI is better for buyers . The May 2018 MSI of 7.7 months was at its lowest level compared with May of 2017 and
2016 .
1,200
400
1,000
200
8000
20.0
5.0
15.0
0.0
A comparatively lower MSI is more beneficial for sellers while a
600
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
10.0
higher MSI is better for buyers . The May 2018 MSI of 7.7 months was at its lowest level compared with May of 2017 and
400
200
15
16
17
18
5.0
2016 .
0
0.0
J
J A S O N D J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15
16
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional
J A S O N D J
F M A M J
17 MLS , Naples Area Board of REALTORS , REALTORS
J A S O N D J
F M A M
18 Association of the Palm Beaches , Space
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 .
83 91 136 124 109 68 63 59
1,091 1,049 1,021 1,024 1,072 1,179 1,220 1,358 1,450 1,504 1,460 1,393 1,342 1,284 1,262 1,305 1,385 1,497 1,515 1,643 1,687 1,667 1,599
1,469 1,357 1,287 1,251 1,213 1,211 1,261 1,298 1,366
53 62
1,091 1,049 1,021 1,024 1,072 1,179 1,220 1,358 1,450 1,504 1,460 1,393 1,342 1,284 1,262 1,305 1,385 1,497 1,515 1,643 1,687 1,667 1,599
1,469 1,357 1,287 1,251 1,213 1,211 1,261 1,298 1,366 1,380 1,386 1,306 1,221
79 91 82 131 125 176 111 76 69 43 64 63 106 166 127 140
1,380 1,386 1,306 1,221
3 Mo Avg
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