Florida Market Viewpoint April 2017 - Page 75

Market Action Report Naples City: Naples Agent Name Market Action Report City: Naples April 2017 Title Phone Agent Name Website Title Other April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $489,000 2% 1% Other $1,030,711 Trending 1% versus*: 1% Month LM 4% L3M 4% PYM 11% LY $369,450 $489,000 2% 2% 6% 1% 6% $664,101 $1,030,711 5,762 1% -6% 1% 4% $369,450 802 4% -9% 4% 11% -9% 12% $664,101 108 2% 7% 6% 4% 6% 26% 16% 5,762 -6% 4% $290 -2% -1% 3% 802 -9% -9% $281 2% 4% 2% 108 7% 4% 26% 17% 7.2 3% -11% 15% $290 -2% -1% 3% 0% 92.4% -.1% -.3% -1.4% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales Trending versus*: Prior YTD 4% Prior Year 8% 12% YTD $355,000 16% $627,306 1% 10% $355,000 2,878 4% $627,306 1% 17% 104 5% 8% 21% 10% 0% 3% 13% 6% 2% -2% 0% $294 2,878 5% 12% $271 104 21% -13% 8.7 $294 0% -1.0% 92.7% 13% 2% 8% 6% -1% $281 2% 4% 2% 12% $271 3% 8% 7.2 3% -11% 15% -13% 8.7 6% 6% Number of 92.7% Properties 92.4% -.1% -.3% -1.4% -1.0% -2% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg 1,200 April Property sales were 802, down 9.3% from 884 in April of 2016 and 8.8% lower than the 879 sales last month. April 2017 1,000 Property sales were Sales at their lowest level compared to April of 2016 and 1,200 April Property sales were 802, down 9.3% from 884 in April of 2015. April YTD sales of 2,878 are running 5.5% ahead of last 800 2016 and 8.8% lower sales than the 879 sales last month. April 2017 year's year-to-date of 2,728. 1,000 Prices The Median Sales Price in April was $369,450, up 10.7% from Prices $333,750 in April of 2016 and up 4.1% from $355,000 last The Median Sales Price Sales in April was in $369,450, 10.7% from month. The Average Price April was up $664,101, up 6.1% 700 $333,750 in April in of April 2016 of and up 4.1% $355,000 last from $625,820 2016 and from up 2.2% from $649,883 last month. Average Price at in the April was $664,101, up 6.1% to 650 month. The April 2017 Sales ASP was highest level compared from in April of 2016 and up 2.2% from $649,883 last 600 April $625,820 of 2016 and 2015. month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 550 500 450 687 716 14 700 650 15 16 Median Sales Price and Average Sales Price 559 704 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 14 15 16 17 M J J A S O N D J Median F M A M Sales J J A Price S O N and D J F Average M A M J Sales J A S Price O N D J F M A 0 0 200 400 200 400 600 3 Mo Avg 600 800 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 2,878 are running 5.5% ahead of last year's year-to-date sales of 2,728. Number of Properties Sold 3 Mo Avg 17 3 Mo Avg 600 550 500 450 400 400 350 350 300 300 250 250 4,000 4,000 12.0 12.0 5,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of April 7,000 was Total 5,762, down 6.5% from 6,161 last month and The Inventory of Properties available for sale as up of 4.2% April from 7,000 5,530 in April of last year. April 2017 Inventory was at its 6,000 was 5,762, down 6.5% from 6,161 last month and u