FL ARCHIVED September 2017 | Page 83

Market Action Report September 2017
Community Information | School District
Market Action Report September 2017

City : Fort Myers Beach

Price Range : All | Properties : SFH - Con
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
$ 495,000
-0%
-3%
Average List Price of all Current Listings
$ 726,996
-3%
2 %
September Median Sales Price
$ 325,000
-6%
-21% -19% -24%
$ 430,000
6 %
1 %
September Average Sales Price
$ 453,883
-7%
-7%
-5%
-15%
$ 542,425
7 %
1 %
Total Properties Currently for Sale ( Inventory )
243
-3%
-8%
September Number of Properties Sold
21 -30%
-13%
340
14 %
September Average Days on Market ( Solds )
123
-8%
9 %
-17%
5 %
113
0 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 412
-12% -17%
-5%
-4%
$ 446
3 %
3 %
September Sold Price per Square Foot
$ 419
6 %
4 %
8 %
4 %
$ 408
5 %
1 %
September Month ' s Supply of Inventory
11.6
39 %
19 %
5 %
23 %
8.9
-7%
-6%
September Sale Price vs List Price Ratio
94.1 %
5.6 % 2.4 %
. 7 %
1.6 %
92.8 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales September Property sales were 21 , down 12.5 % from 24 in
September of 2016 and 30.0 % lower than the 30 sales last Property month . September Sales 2017 sales were at their lowest level 70
September compared Property to September sales were of 2016 21 , down and 2015 12.5 %. September from 24 in YTD September sales of 340 of 2016 are running and 30.014.1 % lower % ahead than of the last 30 year sales ' s last year-to-date 60 month sales . of September 298 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD 50 sales of 340 are running 14.1 % ahead of last year ' s year-to-date sales of 298 .
40

Fort Myers Agent Name Beach Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
10
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 $ 325,000 , down
800
Prices
19.3 % from $ 402,750 in September of 2016 and down 6.5 %
Median Sales Price and Average Sales Price
750
3 Mo Avg
The from Median $ 347,450 Sales last Price month in September . The Average was $ 325,000 Sales Price , down in
800
19.3
September % from $ was 402,750 $ 453,883 in September , down 5.4 of 2016 % from and $ 479,781 down 6.5 in %
700
750 from
September $ 347,450 of last 2016 month and down . The Average 7.3 % from Sales $ 489,363 Price in last month .
650 was $ 453,883 , down 5.4 % from $ 479,781 in
700
September 2017 ASP was at a mid range compared to
600 of 2016 and down 7.3 % from $ 489,363 last month .
650
September of 2016 and 2015 .
550
September 2017 ASP was at a mid range compared to
600
500
September of 2016 and 2015 .
550
450
500
400
450
350
400
300
350
300
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
The
September Total Inventory was 243 of , down Properties 2.8 % available from 250 for last sale month as of and down
September
8.0 % from was 264 243 in , September down 2.8 % of from last 250 year last . September month and 2017 down
400
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
8.0
Inventory % from 264 was in at September a mid level of compared last year . September with September 2017 of
2016350
300
14.0
Inventory and 2015 was . at a mid level compared with September of 2016
300
250
12.0
and 2015 .
250
200
10.0
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of
100 higher
11.6 months MSI is better was at for its buyers highest . The level September compared 2017 with MSI September of of
11.6 months was at its highest level compared with September of
50
2016 and 2015 .
2016 and 2015 .
0
150
8.0
100
6.0
50
4.0
2.0
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
31 37 50 33 32 52 63 52 40 35 37 28 34 30 30 41 27 26 48 44 40 25 23 24 29 27 45 26 28 66 47 61 32 29 30 21
306 315
31 306
37 315
50 294
294 313 298
33 313
32 298
295 278
52 295
63 278
272 255
52 272
246 230
40 255
35 246
37 230
215 245
268 28 215
Number of Properties Sold
34
277 245 293 30 30
326 332
268 277 293
41 326
27
317 306
332 26 317
48 306
284 272 264
44 284
40 272
264 276
25 264
23 264
299 303
24 29
343 345
276 299
27 303
45 343
332 307 310
26 345
28
332
283 270
66
307
3 Mo Avg
310 47
250 243
283 61
270 32
250
3 Mo Avg
29
243 30 21
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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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