FL ARCHIVED April 2018 | Page 164

Market Action Report April 2018
Community Information | School District
Market Action Report April 2018

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
$ 521,200
0 %
5 %
Average List Price of all Current Listings
$ 747,773
1 %
4 %
April Median Sales Price
$ 424,000
3 %
2 %
1 %
0 %
$ 417,500
-9%
-2%
April Average Sales Price
$ 590,810
21 %
16 %
20 %
11 %
$ 510,518
-13%
-4%
Total Properties Currently for Sale ( Inventory )
370
1 %
19 %
April Number of Properties Sold
47 -18%
0 %
170
2 %
April Average Days on Market ( Solds )
80 -23% -23% -40% -27%
104
-13%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 473
5 %
2 %
20 %
6 %
$ 465
10 %
4 %
April Sold Price per Square Foot
$ 411
9 %
2 %
-0%
0 %
$ 401
-6%
-2%
April Month ' s Supply of Inventory
7.9
22 % -14% 19 %
-19%
9.1
-2%
-6%
April Sale Price vs List Price Ratio
93.3 % -1.6% -. 5 % -. 6 %
. 5 %
93.8 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales April Property sales were 47 , equal to 47 in April of 2017 and
17.5 % lower than the 57 sales last month . April 2018 sales were Property at their lowest Sales level compared to April of 2017 and 2016 . April 70
April YTD Property sales of 170 sales are were running 47 , equal 1.8 % to ahead 47 in April of last of 2017 year ' s and year-todate % lower sales of than 167 the . 57 sales last month . April 2018 sales were 60
17.5 at their lowest level compared to April of 2017 and 2016 . April YTD sales of 170 are running 1.8 % ahead of last year ' s year-todate sales of 167 .
50 40 30 20
Number of Properties Sold
10
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
M
J
Prices
15
The Median Sales Price in April was $ 424,000 , up 1.0 % from
800
Prices
$ 420,000 in April of 2017 and up 2.9 % from $ 412,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 424,000 April was , up $ 590,810 1.0 % from , up
750
800
$
20.0 420,000 % from in April $ 492,487 of 2017 in and April up of 2.9 2017 % from and $ up 412,000 20.8 % last from
700 month . The Average Sales Price in April $ 590,810 , up
750
$ 488,981 last month . April 2018 ASP was at the highest level
650
20.0 % from $ 492,487 in April of 2017 and up 20.8 % from
700 compared to April of 2017 and 2016 .
600
$ 488,981 last month . April 2018 ASP was at the highest level
650
550 compared to April of 2017 and 2016 .
600
500
550
450
500
400
450
350
400
350
300
J
A
S O N D
J
FMedian M A M J Sales
J A SPrice O N Dand
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
300
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 370 , Inventory up 0.8 % from of Properties 367 last available month and for sale up 19.4 as of % April from 310 was in April 370 , up of 0.8 last % year from . April 367 last 2018 month Inventory and up was 19.4 at % its from highest 310 level 400 in compared April of last with year April . April of 2017 2018 and Inventory 2016 . was at its highest level 350 compared with April of 2017 and 2016 .
300 250 200

Fort Myers Agent Name Beach Title Phone Website Other

Community Information | School District

70 60 50 40 30 20 10
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 25 22 29 38 28 57 47
M 15
400 350 300 250 200
272
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
J
15
J
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
16
17
18
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
256 52
272 247
40 231
35 247
246 231
216 269
278 246
293 269 278
326 332 293 317
216 37 28
306 284
Number of Properties Sold
317 272
306 264
284
264 276
272
300 264
264 304 276
344
300 346
335 304
310 344
314 346
287 335
276 310
252 314 247 287
270 276 300 252
313 247
343 270
364
300 367 313 370 343
10.0
150 8.0
A comparatively lower MSI is more beneficial for sellers while 150 a
6.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2018 sellers MSI while of 7.9 a 100 higher MSI is better for buyers . The April 2018 MSI of 7.9
100
4.0 months was at its highest level compared with April of 2017 and 50 months was at its highest level compared with April of 2017 and 50
2.0 2016 .
0 2016 .
0
0.0 TORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association M J , Navarre J A Area S OBoard Nof DREALTORS J F M, Emerald A MCoast J Association J A S of OREALTORS N D , JPensacola F M Association A M J of JREALTORS A S Oand Nmay Dnot Jreflect F all Mrelevant A real estate
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
256
34 30 30 41 27 326
26 332
48 44 40 25 23 24 29 27 45 26 28 66 47 61 32 29 30 21 25
3 Mo Avg
22 29 38
16.0 14.0 12.0
364 367
3 Mo Avg
28
370 57 47
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 Asso 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 83