FL ARCHIVED September 2017 | Page 75

Market Action Report September 2017
Phone Community Information | School District

County : Lee

Price Range : All | Properties : SFH - Con

Lee County

Agent Name
Market Action Report September 2017

Phone Community Information | School District

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
$ 299,000
-0%
-0%
Average List Price of all Current Listings
$ 461,640
-2%
-1%
September Median Sales Price
$ 231,920
2 %
2 %
9 %
8 %
$ 229,000
8 %
7 %
September Average Sales Price
$ 298,415
3 %
0 %
11 %
1 %
$ 311,573
6 %
5 %
Total Properties Currently for Sale ( Inventory )
7,235
-2%
-3%
September Number of Properties Sold
937 -38%
-32%
13,630
1 %
September Average Days on Market ( Solds )
90
8 %
5 %
11 %
17 %
85
12 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 174
-1%
-1%
1 %
-4%
$ 181
3 %
-1%
September Sold Price per Square Foot
$ 163
2 %
1 %
9 %
3 %
$ 167
7 %
6 %
September Month ' s Supply of Inventory
7.7
59 %
30 %
41 %
36 %
5.8
6 %
3 %
September Sale Price vs List Price Ratio
94.0 %
. 1 %
. 3 %
-. 5 %
-. 3 %
93.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 September Property sales were 937 , down 31.6 % from 1,370 in
September of 2016 and 38.3 % lower than the 1,518 sales last Property month . September Sales 2017 sales were at their lowest level 2,500
2,000
September compared Property to September sales were of 2016 937 , and down 2015 31.6 . % September from 1,370 YTD in September sales of 13,630 of 2016 are and running 38.3 % 0.7 lower % ahead than the of 1,518 last year sales ' s last year-todate sales of 13,530 . month . September 2017 sales were at their lowest level
2,0001,500 compared to September of 2016 and 2015 . September YTD sales of 13,630 are running 0.7 % ahead of last year ' s year-todate sales of 13,530
1,5001,000 .
1,000
500
1,462 1,249
Title
Website Other
1,660 1,210 1,429 1,947 2,039 1,868
Number of Properties Sold
1,462 1,249 1,660 1,210 1,429 1,947 2,039 1,868 1,905 1,721 1,465 1,493 1,440 1,156 1,559 1,146 1,171 1,628 1,813 1,797 1,659 1,441 1,505 1,370 1,293 1,309 1,465 1,184 1,226 1,959 1,729 1,889 1,739 1,449 1,518 937
7,627 7,738 7,813 8,367 8,352 8,031 7,593 7,054 6,651 6,365 6,175 1,905 1,721 1,465
6,651 6,365 6,175 6,241 6,656
8,189 7,130
7,270
6,241 6,656 7,130 7,270
Number of Properties Sold
500 0
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 J J A S
0 14 15 16
17 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 J J A S
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in September was $ 231,920 , up 8.8 % 350
Prices from $ 213,250 in September of 2016 and up 2.2 % from Median Sales Price and Average Sales Price
330
3 Mo Avg The $ 227,000 Median last Sales month Price . in The September Average was Sales $ 231,920 Price in , up September 8.8 %
350 from was $ 213,250 298,415 in , up September 10.7 % from of 2016 $ 269,580 and up in 2.2 September % from of 2016
310
330 $ and 227,000 up 2.6 last % month from $ . 290,796 The Average last Sales month Price . September in September 2017 ASP 290 was $ 298,415 , up 10.7 % from $ 269,580 in of 2016
310
was at the highest level compared to September of 2016 and 270 and up 2.6 % from $ 290,796 last month . September 2017 ASP 290 2015 .
250 was at the highest level compared to September of 2016 and 270 230
2015 . 250
210 230
190 210
170 190
150
170 150
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 J J A S 14 15
16
17
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 J J A S 14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The September Total Inventory was 7,235 of Properties , down 1.6 available % from 7,354 for sale last as month of and
12,000 9.0
September down 3.4 % was from 7,235 7,491 , down in September 1.6 % from 7,354 of last last year month . September and 12,000
9.0 8.0 10,000 down 20173.4 Inventory % from 7,491 was at in a September mid level of compared last year . with September of
8.0 7.0
10,000 2017 2016 Inventory and 2015 was . at a mid level compared with September of 8,000
7.0 6.0
2016 and 2015 . 8,000
6.0 5.0 6,000
5.0 6,000
4.0
A comparatively lower MSI is more beneficial for sellers while a 4,000
4.0 3.0
A comparatively lower MSI is more beneficial for sellers while a 4,000 3.0 higher MSI is better for buyers . The September 2017 MSI of 7.7 2.0
2,000 higher MSI is better for buyers . The September 2017 MSI of 7.7
2.0 months was at its highest level compared with September of 2,000
1.0 months was at its highest level compared with September of 1.0
2016 and 2015 . 0
0.0
2016 and 2015 . 0
0.0 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 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 J J A S 14 15
16 17
14 15 16
17
7,627 7,738 7,813 8,367 8,352 8,031 7,593 7,054
1,493 1,440 1,156 1,559 1,146 1,171
8,831 8,853 8,549 8,147
1,628 1,813 1,797 1,659 1,441 1,505
8,189 8,831 8,853 8,549 8,147 7,792 7,508 7,340 7,491
7,792 7,508 7,340 7,491 7,905 8,343 8,497 1,370 1,293 1,309 1,465
7,905
9,352 9,666 8,343 9,419
8,852
1,184 1,226
3 Mo Avg
1,959 1,729
8,337 7,898 7,514 7,354 7,235 1,889 1,739
8,497 9,352 9,666 9,419 8,852 8,337 7,898 7,514
3 Mo Avg
1,449 1,518
7,354 7,235
937
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Assoc 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 .
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