FORT MYERS BEACH
Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 139 , down 2.8 % from 143 days last month and down 17.8 % from 169 days in May of last year . The May 2018 DOM was at its lowest level compared with May of 2017 and 2016 . |
500
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143 |
169 |
139 |
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100 |
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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 $ 561 was down 16.9 % from $ 675 last month and up 2.5 % from 548 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 92.6 % was down from 94.2 % last month and down from 94.4 % in May of last year .
0
-100
1,150
1,050 950 850 750 650 550 450 350 250
120 % 100 % 80 % 60 %
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Selling Price per Square Foot
461
Selling Price versus Listing Price Ratio
548 561
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Avg Selling Price divided by Avg Listing Price for sold properties during the month
88.3 %
3 Mo Avg
3 Mo Avg
94.4 % 92.6 %
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 7 , down 30.0 % from 10 last month and up from 0 in May of last year .
60 50 40 30 20
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Inventory / New Listings / Sales |
33 36 36
31 33 35
38 44
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48
40 40
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31 36 38 40 42 43 53 52 50
44 41 43 43
39 47 49 49 54 53 54
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10 0
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