FL ARCHIVED May 2018 | Page 148

Market Action Report May 2018

LEE County : Lee COUNTY

Market Action Report May 2018
Title
Agent
Phone Name
Community

County : Lee Information | School

DistrictWebsite
Title
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Other
Phone
Trending versus *:
Market Profile & Trends Overview
Month
WebsiteLM
L3M
PYM
LY
YTD
Trending versus *:
Prior YTD
Prior Year
Price
Median Range : $ 1,000,000 List Price and Up of | Properties all Current : SFH - Con Listings
$ 1,690,000
Other
-0%
2 %
Average List Price of all Current Listings
$ 2,174,506
-1%
Trending versus
2 % *:
Trending versus *:
May Median Sales Price
$ 1,475,000
4 % 0 % -9%
0 % 1,690,000
May Average Sales Price $ 1,766,552 -7% -5% -13% -4%
$ 2,174,506
Total Properties Currently for Sale ( Inventory ) 709 -5%
9 %
$ 1,475,000
May Number of Properties Sold 69 -17%
17 %
May Average Days on Market ( Solds )
$ 1,766,552 111 -8% -14% -29% -20%
Asking Price per Square Foot ( based on New Listings )
$ 571
709 5 % -2% 9 % -4%
May Sold Price per Square Foot
$ 536 69 -15% -8% -14% -6%
May Month ' s Supply of Inventory
10.3
111 14 % -3% -7% -43%
May Sale Price vs List Price Ratio
90.6
$ 571% -. 8 % -. 4 % -. 2 %
1.1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
$ 536
$ 1,492,402
$ 1,943,129
$ 1,492,402
315
$ 1,943,129
125
$ 593
$ 611
315
12.4
125
91.2
$ 593%
$ 611
-4%
5 %
24 % -8%
3 %
5 % -19%
1 %
1 %
6 %
-10%
0 %
7 % -31%
2 %
Property Sales
90
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( ) / YTD = Year-to-date
May Property sales were 69 , up 16.9 % from 59 in May of 2017 and 16.9 % lower than the 83 sales last month . May 2018 sales
80 were at their highest level compared to May of 2017 and 2016 .
70
Property
May YTD sales Sales of 315 are running 23.5 % ahead of last year ' s
90
May Property sales were 69 , up 16.9 % from 59 in May of 2017
60 year-to-date sales of 255 . and 16.9 % lower than the 83 sales last month . May 2018 sales
80
50
10.3
90.6 %
Number of Properties
12.4 Sold
91.2 %
Number of Properties Sold
3 Mo Avg
3 Mo Avg
were at their highest level compared to May of 2017 and 2016 .
May YTD sales of 315 are running 23.5 % ahead of last year ' s year-to-date sales of 255 .
70
40
60
30
50
20
40
10
30
0
20
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
15
16
17
18
Prices
The Median Sales Price in May was $ 1,475,000 , down 9.2 % from $ 1,625,000 in May of 2017 and up 3.9 % from $ 1,420,000
0
J
2,80015
J
Median Sales Price and Average Sales Price
3 Mo Avg
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
last month . The Average Sales Price in May was $ 1,766,552 ,
Prices down 13.1 % from $ 2,033,234 in May of 2017 and down 7.1 %
The from Median $ 1,902,418 Sales last Price month in May . May was 2018 $ 1,475,000 ASP was , down at a mid 9.2 % range
2,600
2,400
Median Sales Price and Average Sales Price
3 Mo Avg
from compared $ 1,625,000 to May in of May 2017 of and 2017 2016 and . up 3.9 % from $ 1,420,000
2,800
2,200
last month . The Average Sales Price in May was $ 1,766,552 , down 13.1 % from $ 2,033,234 in May of 2017 and down 7.1 % from $ 1,902,418 last month . May 2018 ASP was at a mid range
2,600
2,000
2,400
1,800
compared to May of 2017 and 2016 .
2,200
1,600
2,000 1,400
1,800 1,200 1,600 1,400
Inventory & MSI
1,200
The Total Inventory of Properties available for sale as of May
was 709 , down 5.2 % from 748 last month and up 9.2 % from 649
900
in May of last year . May 2018 Inventory was at its highest level
800
Inventory compared with & MSI May of 2017 and 2016 .
700
The Total Inventory of Properties available for sale as of May
600
was 709 , down 5.2 % from 748 last month and up 9.2 % from 649
900
500
in May of last year . May 2018 Inventory was at its highest level
800
400
compared
A comparatively with May lower of 2017 MSI and is more 2016 beneficial . for sellers while a
700
300
higher MSI is better for buyers . The May 2018 MSI of 10.3
600
200
months was at its lowest level compared with May of 2017 and
500
100
2016 .
4000
A comparatively lower MSI is more beneficial for sellers while a
300
higher MSI is better for buyers . The May 2018 MSI of 10.3
200
months was at its lowest level compared with May of 2017 and
100
2016 .
0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
52
52 38 20 31 31 29 46 51 29 40 56 46 49 15 28 23 26 28 46 42 35 73 46 59 57 29 30 20 26 32 34 58 44 61 83 69
512
38
J 15
519 20
Total Inventory & Month ' s Supply of Inventory ( MSI )
F M A M J
J
A S O N D
J 17
F M A M J
J
A S O N D
J 18
J
A S O N D
J
16
500
Agent Name
512
31 529
31 564
29
Total Inventory & Month ' s Supply of Inventory ( MSI )
581 46 585
51
657 722
F M A M 45.0
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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17
18 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 Association of REAL
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 .
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 Association of REA 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 .
29 40 703
56
688 46
676 49
636 590
15 566
28 580
23 627
26 672
28 705
46
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
J
15
519
500 529 564 581 585
657
J A S O N D J
16
722 703 688 676 636
F M A M J
590 566 580 627 672 705 746 746
42 774 774
35 751 751
73 704 704
46 649 649
59 612 612
J A S O N D J F M A M J 17
57 593 593
29 570 570
30 537 537
20
590 590
26
657 657
32
683 683
747 34
747 762 762
58 771 771
44 748 748
61 709 709
J A S O N D J F M A M
18
83 69
40.0 35.0 30.0
25.0 45.0
20.0 40.0
15.0 35.0
10.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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