Florida Market Viewpoint April 2017 - Page 77

Market Action Report County: Lee Lee County Agent Name Market Action Report County: Lee 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 Trending versus*: Prior YTD Prior Year YTD $305,000 -2% -0% Other $478,795 Trending -2% versus*: 0% Trending versus*: Month LM 0% L3M 2% PYM 6% LY Prior YTD 9% Prior Year $235,000 9% YTD $230,000 $305,000 -2% -5% -1% -0% 0% $317,134 7% $320,033 5% $478,795 9,266 -2% -2% 0% 9% $235,000 1,646 0% -15% 2% 6% -9% 9% $230,000 5,974 9% 4% 7% $317,134 -5% -1% 0% 7% $320,033 5% 81 -5% -5% 9% 5% 85 18% 8% 9,266 -2% 9% $182 -2% -3% 1% 0% $187 2% 1,646 -15% -9% 5,974 4% $173 -0% 1% 4% 10% $171 8% 81 -5% -5% 9% 5% 85 18% 10% 5.6 15% -8% 19% -0% 6.6 6% $182 -2% -3% 1% 0% $187 2% 3% 93.8% -.2% -.1% -.5% -.5% 93.9% -0% 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 $173 -0% 1% 4% 10% $171 8% 8% 5.6 15% -8% 19% -0% 6.6 6% 16% of 93.9% Properties 93.8% -.2% -.1% -.5% Number -.5% -0% Sold -0% * 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 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 7% 8% 10% 3% 8% 16% -0% 3 Mo Avg 2,500 April Property sales were 1,646, down 9.1% from 1,811 in April of 2016 and 14.8% lower than the 1,933 sales last month. April Property 2017 sales Sales were at their lowest level compared to April of 2016 2,500 2,000 April sales were 1,646, down 9.1% from 1,811 in April and Property 2015. April YTD sales of 5,974 are running 3.9% ahead of of 2016 14.8% lower than the 1,933 sales last month. April last and year's year-to-date sales of 5,748. 1,500 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 5,974 are running 3.9% ahead of last year's year-to-date sales of 5,748. Number of Properties Sold 3 Mo Avg 2,000 1,500 1,000 Prices 290 270 250 230 210 190 170 150 Inventory & MSI 14 16 Median Sales Price and Average Sales Price 3 Mo Avg 17 3 Mo Avg 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 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 8,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of April was Total 9,266, down 2.4% from 9,489 last month up April 8.6% from 12,000 The Inventory of Properties available for sale and as of 12,000 8,535 in April of last year. April 2017 Inventory was at its was 9,266, down 2.4% from 9,489 last month and up 8.6% from 10,000 8,535 in April last year. with April April 2017 of Inventory was at its highest level of compared 2016 and 2015. 10,000 8,000 highest level compared with April of 2016 and 2015. 6,000 6,000 A comparatively lower MSI is more beneficial for sellers while a 1,464 1,721 1,144 1,557 15 350 330 310 290 270 250 230 210 190 170 150 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 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 The Median Sales Price in April was $235,000, up 6.3% from Prices $220,990 in April of 2016 and up 0.0% from $234,900 last The Median Sales Price Sales in April was in $235,000, 6.3% from month. The Average Price April was up $317,134, up 0.5% 350 $220,990 in April in of April 2016 of and up and 0.0% down from 4.6% $234,900 from $315,667 2016 from last $332,300 month. The Average Sales ASP Price in April $317,134, 0.5% 330 last month. April 2017 was at the was highest level up compared to 310 from April of 2016 and down 4.6% from $332,300 April $315,667 of 2016 in and 2015. 0 500 1,000 500 4,000 4,000 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 5.6 a 2,000 higher MSI is better for buyers. April 2017 MSI of 5.6 months was at its highest level The compared with April of 2016 and 2,000 months was at its highest level compared with April of 2016 and 0 2015. 0 2015. 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 O N D J F M A 14 15 16 17 14 15 16 17 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es . c o m | 77 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REA 1Q=IL°)I1Q=H)Íͽ¥…Ñ¥½¸)½˜5…ÉÑ¥¸) ½Õ¹Ñ䰁 ½Õ¹Ñä°)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)5䁱½É¥‘„5ä)I•¥½¹…°)9…Á±•Ì)ɕ„9…Á±•Ì) ½…ɐɕ„)½˜I1Q=IL°)I1Q=ILÍͽ¥…Ñ¥½¸)Ñ¡”A…±´ •…¡•Ì°)MÁ…”) ½…ÍЁÍͽ¥…Ñ¥½¸)½˜I0)‘½•Ì)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)…ÕɅä)½˜¥¹™½Éµ…Ñ¥½¸¸)Ñ¡¥Ì¥¹™½Éµ…Ñ¥½¸¸)%Ё¥ÌÉ•ÍÁ½¹Í¥‰¥±¥Ñä)Ñ¡”É•ÍÁ½¹Í¥‰¥±¥Ñä)…¹ä½È‰Õå•È)ٕɥ™ä)…¹…±°¥¹™½Éµ…Ñ¥½¸)ѼÍՍ ½¹ÍÕµ•ËŠeÌ)•ÍхєÑɅ¹Í…Ñ¥½¸¸)‘½•Ì)¹½Ð¹½Ð)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”Ñ¡”)…ÕɅä)½˜Ñ¡¥Ì)%Ё¥ÌÑ¡”)½˜…¹ä½˜)‰Õå•È)͕±±•È½ÈÑ¼Í•±±•È)ٕɥ™äÑ¼…¹ä)…¹…¹ä)…±°¥¹™½Éµ…Ñ¥½¸)ɕ±•Ù…¹ÐÑ¼É•±•Ù…¹Ð)ÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÉ•…°)ÑɅ¹Í…Ñ¥½¸