FL ARCHIVED May 2018 | Page 72

Market Action Report
Agent Name
Title
Phone
Website
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
100%
89.8%
87.0%
86.1%
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
Inventory / New Listings / Sales
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, down 38.7% from 31 last month and down
17.4% from 23 in May of last year.
Inventory & MSI
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
2,800
2,200
2,600
2,000
2,400
1,800
2,200
1,600
2,000
1,400
1,800
1,600
350
0
Prices
The Median Sales Price in May was $2,150,000, up 18.2% from
$1,818,374 in May of 2017 and up 30.3% from $1,650,000 last
month. The Average Sales Price in May was $2,727,251, up
Prices
16.5% from $2,341,629 in May of 2017 and up 6.4% from
The
Median Sales
Price in May
May 2018
was $2,150,000,
up highest
18.2% from
$2,564,248
last month.
ASP was at the
level
$1,818,374
and 2016.
up 30.3% from $1,650,000 last
compared in
to May of 2017 and
month. The Average Sales Price in May was $2,727,251, up
16.5% from $2,341,629 in May of 2017 and up 6.4% from
$2,564,248 last month. May 2018 ASP was at the highest level
compared to May of 2017 and 2016.
120%
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
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
400
450
511
4 92
500
550
600
638
650
3 Mo Avg
180
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
May Property sales were 141, down 13.0% from 162 in May of
160
2017 and 7.6% higher than the 131 sales last month. May 2018
3 Mo Avg
Number of Properties Sold
sales were at a mid level compared to May of 2017 and 2016.
140
Property
Sales
180
May YTD sales
of 668 are running 29.2% ahead of last year's
120
May
Property sales
sales of
were
year-to-date
517. 141, down 13.0% from 162 in May of
160
2017 and 7.6% higher than the 131 sales last month. May 2018
100
sales were at a mid level compared to May of 2017 and 2016.
140
80
May YTD sales of 668 are running 29.2% ahead of last year's
120
60
year-to-date sales of 517.
100
40
80
20
60
0
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
16
17
18
20 15
3 Mo Avg
700
Selling Price per Square Foot
Selling Price per Square Foot
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
0
127
150
207
205
200
Trending versus*:
$2,950,745 -1% Trending versus*:
-2%
Month 30%
LM L3M
LY
YTD
Prior
$2,150,000
16% PYM
18% 26%
$1,792,500
0% YTD Prior
5% Year
$1,999,995
0% 20% $2,404,304
$2,727,251 -4%
6% 7% 16%
-1%
6%
$2,950,745
-2%
1,038 -1%
-7%
-18%
$2,150,000
18% 26% $1,792,500
0%
5%
141 30%
8% 16% -13%
668
29%
May
Average
Sales
Price
$2,727,251
6%
7%
16%
20%
$2,404,304
-1%
6%
May Average Days on Market (Solds)
156 4% 5% 5% 3%
138 -10%
-9%
Total
Properties
Currently
for
Sale
(Inventory)
1,038
-7%
-18%
Asking Price per Square Foot (based on New Listings)
$729 1% 1% -3% 6%
$703
1%
2%
May
of Properties
141 8%
668
29%
May Number
Sold Price
per Square Sold
Foot
$686
6% 4% -13%
8% 6%
$643
-6%
-1%
May
on of
Market
(Solds)
156
4% -12%
5% -6%
5% -54%
3%
138
-10%
-9%
May Average
Month's Days
Supply
Inventory
7.4 -14%
8.7 -42%
-46%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$729
1%
1%
-3%
6%
$703
1%
2%
May Sale Price vs List Price Ratio
90.3% -2.4% -1.7% 1.1% .2%
92.7%
4%
3%
May
Sold
Price
per 3 Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date $686 6%
4% 8% 6%
$643
-6%
-1%
* LM=Last
Month
/ L3M=Last
Months / PYM=Same
May Month's Supply of Inventory
7.4 -14% -12% -6%
-54% of Properties
8.7 Sold
-42%
-46%
Number
May
Sale Price
vs List Price Ratio
90.3% -2.4% -1.7% 1.1% .2%
92.7%
4%
3%
Property
Sales
250
Trending versus*:
Prior YTD Prior Year
YTD
Average List Price of all Current Listings
Market
Profile
& Price
Trends Overview
May Median
Sales
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May
Median Sales Price
May Number of Properties Sold
300
350
400
50
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 86.1% was down from 86.6% last month and down from
89.8% in May of last year.
May 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other -4%
$1,999,995
0%
3 Mo Avg
100
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 $638 was up 8.6%
from $588 last month and up 25.0% from 511 in May of last year.
Agent Name
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 207, up 2.5% from 202
days last month and up 63.0% from 127 days in May of last year.
The May 2018 DOM was at a mid level compared with May of
2017 and 2016.
City: Naples
NAPLES
Market Action Report
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
May 2018
City: Naples Information | School District
Community
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Action Report
City: Marco Island ISLAND
MARCO
May 2018
1,400
Median Sales Price and Average Sales Price
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory of Properties available for sale as of May
was 1,038, down 7.3% from 1,120 last month and down 17.8%
from 1,263 in May of last year. May 2018 Inventory was at its
Inventory
& MSI with May of 2017 and 2016.
lowest level compared
The Total Inventory of Properties available for sale as of May
was 1,038, down 7.3% from 1,120 last month and down 17.8%
from 1,263 in May of last year. May 2018 Inventory was at its
A comparatively
lower with
MSI May
is more
beneficial
for sellers while a
lowest
level compared
of 2017
and 2016.
higher MSI is better for buyers. The May 2018 MSI of 7.4
months was at its lowest level compared with May of 2017 and
2016.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The May 2018 MSI of 7.4
months was at its lowest level compared with May of 2017 and
2016.
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
16
17
18
1,600 15
30.0
250
1,400
25.0
Total Inventory & Month's Supply of Inventory (MSI)
1,200
200
20.0
1,000
1,600
30.0
150
800
15.0
1,400
25.0
600
100
10.0
1,200
400
20.0
1,000
5.0
50
200
15.0
800
0
0.0
0
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
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
400 15
16
17
18
15
16
17
18
5.0
200
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
0.0
0
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 REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant real estate ac
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
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.
15
16
17
18
300
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.
72 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury ® | 73
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.