BONITA SPRINGS / BONITA BEACH
Community Information | School District Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for May was 65 , down 43.0 % from 114 days last month and down 45.8 % from 120 days in May of last year . The May 2018 DOM was at its lowest level compared with May of 2017 and 2016 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The May 2018 Selling Price per Square Foot of $ 441 was down 37.3 % from $ 704 last month and down 35.1 % from 680 in May of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The May 2018 Selling Price vs Original List Price of 93.0 % was up from 91.6 % last month and up from 91.1 % in May of last year .
400 350 300 250 200 150 100 50
Days On Market for Sold Properties
106
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 |
15 |
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
|
Selling Price per Square Foot |
3 Mo Avg |
750 700 650 600 550 500 450 400 350 300
120 % 100 % 80 % 60 %
436
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 |
|
120
680
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.1 %
3 Mo Avg
3 Mo Avg
65
441
91.1 % 93.0 %
40 % 20 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in May 2018 was 19 , up 46.2 % from 13 last month and up 58.3 % from 12 in May of last year .
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 15
16 17
18
Inventory / New Listings / Sales
200 180 160 140 120 100 80 60 40 20 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 15
16 17
18
114 112 108 114 130 131 131 167 171 166 174 168
156 143 139 141
151 142 145
154 144 141 133 120 121 114 116 115 122 137 142 151 156 162 147 139
78 | coldwellbankerluxury . com