FL ARCHIVED August 2017 | Page 46

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

City : Punta Gorda

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
$ 297,900
1 %
-0%
Average List Price of all Current Listings
$ 368,209
1 %
-1%
August Median Sales Price
$ 217,000
-8%
-6% -13%
-6%
$ 228,000
0 %
-1%
August Average Sales Price
$ 275,344
0 %
0 %
-9%
3 %
$ 271,856
3 %
2 %
Total Properties Currently for Sale ( Inventory )
665
-8%
-3%
August Number of Properties Sold
178
20 %
40 %
1,361
15 %
August Average Days on Market ( Solds )
100
-3%
4 %
19 %
14 %
91
8 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 153
-1%
-1%
1 %
-4%
$ 159
2 %
0 %
August Sold Price per Square Foot
$ 145
3 %
-1%
-3%
2 %
$ 146
4 %
3 %
August Month ' s Supply of Inventory
3.7 -24% -15% -31% -37%
5.4
-1%
-9%
August Sale Price vs List Price Ratio
93.3 %
1.0 %
. 3 %
-. 3 %
-. 6 %
93.4 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
August Property sales were 178 , up 40.2 % from 127 in August of
2016 and 20.3 % higher than the 148 sales last month . August
Property
2017 sales Sales were at their highest level compared to August of
250
200
August
2016 and Property 2015 . sales August were YTD 178 , sales up 40.2 of % 1,361 from are 127 running August 15.2 of %
2016 ahead and of 20.3 last % year higher ' s year-to-date than the 148 sales sales of last 1,181 month . . August
2017 sales were at their highest level compared to August of
200
150
2016 and 2015 . August YTD sales of 1,361 are running 15.2 %
ahead of last year ' s year-to-date sales of 1,181 .
150
100

Punta Agent Gorda

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
142 144
50 0
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
0 14 15 16
17 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in August was $ 217,000 , down 13.2 % 350
Prices from $ 250,000 in August of 2016 and down 7.8 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 235,250 Median last Sales month Price . in The August Average was $ Sales 217,000 Price , down in August 13.2 % was
330
350 from $ 275,344 $ 250,000 , down in August 8.5 % from of 2016 $ 300,996 and down in August 7.8 % from of 2016 and up 310 $ 235,250 last month . The Average Sales Price in August was
330
0.4 % from $ 274,151 last month . August 2017 ASP was at a mid 290 $ 275,344 , down 8.5 % from $ 300,996 in August of 2016 and up 310 range compared to August of 2016 and 2015 .
270
0.4 % from $ 274,151 last month . August 2017 ASP was at a mid 290 250 range compared to August of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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
14 N D J F
15 M A M J J A S O N D J F M
16 A M J J A S O N D J F M A
17 M J J A
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 August Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 665 , Inventory down 8.4 of % Properties from 726 last available month for and sale down as of 3.2 August % from 1,200
10.0 was 687665 in , August down 8.4 of % last from year 726 . August last month 2017 and Inventory down 3.2 was % from at a mid 1,200 10.0
1,000 8.0
687 level in compared August of last with year August . August of 2016 2017 and Inventory 2015 . was at a mid 1,000 8.0 level compared with August of 2016 and 2015 . 800
800 6.0
600 6.0
600 4.0
A comparatively lower MSI is more beneficial for sellers while a 400
4.0 A comparatively lower MSI is more beneficial for sellers while a 400 higher MSI is better for buyers . The August 2017 MSI of 3.7 higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of 3.7
200 2.0 of 2016 200
2.0 months and 2015 was . at its lowest level compared with August of 2016
0 0.0 and 2015 . 0
0.0 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 M J J A 14 15
16 17
14 15 16
17
142 144 103 157 128 147 210 231 219 177 183 134 156 147 102 197 116 123 149 190 169 165 142 127 139 119 126 99 112 138 222 182 201 180 148 178
778 829 846 855
103
778 829 846 157 128 147
946 948
872
805 210 231
855 946 948
872
805 219 177 183 134 156
716 674 642 643 626 699 734 748
147
716 674 642 643 626
699
102 197
734 748
116 123 149 190 169 165
793 856 862 845 770 768 719
142
793 856 862 845 770 768 719 687 691
758 862
127 139 119 126 99
906 995 1,000 982 940 878
687 691
758 862
112 138 222
806 726 665
182
906 995 1,000 982 940 878
806
201 180
726
665 148 178
46 | c o l d w e l l b a n k e r h o m e s . c o m
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 .