Market Action Report April 2018 Title Market Action Report April 2018 Phone Community Information | School District Agent Name
County : Lee
Lee County
Agent Name
Market Action Report April 2018 Title Market Action Report April 2018 Phone Community Information | School District Agent Name
County : Lee
Website Price Range : All | Properties : SFH - Con
TitleOther
Phone Trending versus *: Trending versus *: Market Profile & Trends Overview Website Month LM L3M PYM LY YTD Prior YTD Prior Year Median List Price of all Current Listings $
Price Range : All | Properties : SFH - Con
Other 299,900 -3% -2% Average List Price of all Current Listings $ 485,494 Trending -2% versus *: 1 %
Trending versus *: April Median Sales Price $ 242,500 1 % 2 % 5 % 6 % $ 237,500 3 % 4 % April Average Sales Price $ 299,900 $ 346,891 5 % 2 % 9 % 11 % $ 339,568 6 % 9 % Total Properties Currently for Sale ( Inventory ) $ 485,4949,729
2 % 8 %
April Number of Properties Sold
$ 242,5002,086 12 % 20 % $ 237,500 6,559 7 %
$ 346,891
$ 339,568 April Average Days on Market ( Solds ) 77 -4% -4% -5% -9% 80 -6% -6% Total Properties Currently for Sale ( Inventory ) 9,729 2 % 8 Asking Price per Square Foot ( based on New Listings ) $ 187 -2% -3% 5 % 0 % $ 193 4 % 3 %
April Number of Properties Sold 2,086 12 % 20 % 6,559 7 % April Sold Price per Square Foot $ 183 4 % 2 % 6 % 9 % $ 179 5 % 7 % April Average Days on Market ( Solds ) 77 -4% -4% -5 -9 80 -6% -6% April Month ' s Supply of Inventory 4.7 -8% -17% -10% -22% 6.0 -7% 1 % Asking Price per Square Foot ( based on New Listings ) $ 187 -2% -3% 5 0 $ 193 4 3 % April Sale Price vs List Price Ratio 94.2 % . 1 % . 2 % . 4 % . 4 % 94.1 % 0 % 0 % April Sold Price per Square Foot $ 183 4 2 6 9 $ 179 5 7 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
April Month ' s Supply of Inventory 4.7 -8% -17% -10% -22% 6.0 -7% 1 %
April Sale Price vs List Price Ratio 94.2 % . 1 % . 2 % . 4 % Number . 4 % of 94.1 Properties % 0 % Sold 0 %
* LM Property = Last Month / L3M Sales = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
2,500 April Property sales were 2,086 , up 20.1 % from 1,737 in April of
Number of Properties Sold
2017 and 11.6 % higher than the 1,869 sales last month . April Property 2018 sales Sales were at their highest level compared to April of 2017 2,5002,000
April and Property 2016 . April sales YTD were sales 2,086 of , 6,559 up 20.1 are % from running 1,737 7.1 in % April ahead of of 2017 last and year 11.6 ' s year-to-date % higher than sales the of 1,869 6,126 sales . last month . April
1,500
2018 sales were at their highest level compared to April of 2017 and 2016 . April YTD sales of 6,559 are running 7.1 % ahead of last year ' s year-to-date sales of 6,126 .
2,000
1,5001,000
3 Mo Avg
3 Mo Avg
1,000 500
500 |
0 |
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 |
0 |
15 |
16 |
17 |
18 |
|
Prices
The Median Sales Price in April was $ 242,500 , up 4.5 % from
Prices
$ 232,000 in April of 2017 and up 1.0 % from $ 240,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 242,500 April was , up $ 346,891 4.5 % from , up 9.3 %
400
$ from 232,000 $ 317,484 in April in of April 2017 of and 2017 up and 1.0 % up from 4.9 $ % 240,000 from $ 330,667 last last
|
M
J
15
400
350
|
J |
A S O N D
J
Median
F M A M Sales J
J
A Price S O N and D
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
|
month . . The April Average 2018 Sales ASP was Price at in the April highest was $ level 346,891 compared , up 9.3 % to from $ 317,484 in April of 2017 and up 4.9 % from $ 330,667 last
350
April of 2017 and 2016 .
|
300 |
|
|
|
month . April 2018 ASP was at the highest level compared to |
|
|
|
|
April of 2017 and 2016 . |
300 |
250 |
250
200
1,870 1,910 1,724 1,466 1,496
1,870 1,910 1,724 1,466 1,496 1,443 1,158 1,562 1,147 1,172 1,630 1,814 1,798 1,661 1,442 1,510 1,372 1,294 1,311 1,469 1,193 1,228 1,968 1,737 1,905 1,757 1,457 1,543 974 1,206 1,162 1,499 1,267 1,337 1,869 2,086
200 |
|
150 |
|
|
150 |
M |
M
J
15
J
|
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
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F M A
18
|
15 |
16 |
17 |
18 |
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|
|
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 9,729 Inventory , up 2.1 % of from Properties 9,525 available last month for and sale up as 8.1 of % April from
12,000 was
9,003 9,729 in , April up 2.1 of % last from year 9,525 . April last month 2018 Inventory and up 8.1 was % from at its
12,000
10,000
9,003 highest in April level of compared last year . with April April 2018 of Inventory 2017 and was 2016 at . its
10,000 highest level compared with April of 2017 and 2016 .
8,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
9.0
8.0
7.0
|
|
8,000
6.0
6,000
5.0
6,000
A comparatively lower MSI is more beneficial for sellers while a
4,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
4,000
3.0 higher MSI is better for buyers . The April 2018 MSI of 4.7 higher MSI is better for buyers . The April 2018 MSI of 4.7
2,000
2.0 months was at its lowest level compared with April of 2017 and
2,000 months was at its lowest level compared with April of 2017 and
1.0
2016 .
0
2016 .
0
0.0
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
15
16
17
18
15
16
17
18
|
1,443
7,104 6,699 6,411 6,219 6,282 6,703
7,104 6,699 6,411 6,219 6,282 6,703 7,179 7,311
1,158 8,237
1,562 1,147 1,172
8,883 8,910 8,614 8,208
7,179 7,311
1,630 1,814 1,798 1,661 1,442 1,510 1,372
8,237 8,883 8,910 8,614 8,208 7,861 7,578 7,412 7,567 7,996
7,861 7,578 7,412 7,567 7,996 8,447 8,603
1,294 1,311 1,469 1,193 1,228 1,968 1,737 1,905
9,475
8,447 9,798
9,559 8,603 9,003 8,508 8,088 7,714 7,460 7,306
1,757 1,457
7,741 8,180 8,297
1,543
9,475 9,798 9,559 9,003 8,508 8,088 7,714 7,460 7,306 974 1,206 1,162 9,729
9,164
7,741 9,562 8,180 9,525 8,297
1,499 1,267
1,337 1,869
9,164 9,562 9,525 9,729
2,086
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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Data Data is is provided provided courtesy courtesy of Greater of Greater Fort Fort Lauderdale Lauderdale REALTORS REALTORS , REALTOR , REALTOR Association Association of Martin of Martin County , County Miami , Association Miami Association of REALTORS of REALTORS , My Florida , My Regional Florida MLS Regional , Naples MLS Area , Naples Board Area of REALTORS Board of , REALTORS REALTORS , Association REALTORS of Association the Palm Beaches of the , Palm Space Beaches Coast Association , Space Coast of REAL Asso does does not not warrant warrant or guarantee or guarantee the the accuracy accuracy of this of information this information . It is . the It is responsibility the responsibility of any of buyer any or buyer seller or to seller verify to any verify and any all information and all information relevant to relevant such consumer to such ’ consumer s real estate ’ s real transaction estate . transaction .
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