FL ARCHIVED December 2017 | Page 79

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

City : Cape Coral

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
$ 281,300
1 %
0 %
Average List Price of all Current Listings
$ 369,048
2 %
-2%
December Median Sales Price
$ 218,000
-1%
-2%
1 %
7 %
$ 220,000
8 %
7 %
December Average Sales Price
$ 262,049
1 %
-2%
-1%
6 %
$ 266,124
8 %
8 %
Total Properties Currently for Sale ( Inventory )
2,272
6 %
4 %
December Number of Properties Sold
511
28 %
14 %
5,607
2 %
December Average Days on Market ( Solds )
69
-8%
-5%
-7%
-1%
76
9 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 171
2 %
5 %
4 %
11 %
$ 158
3 %
3 %
December Sold Price per Square Foot
$ 141
0 %
-1%
1 %
5 %
$ 144
7 %
7 %
December Month ' s Supply of Inventory
4.4 -18% -11%
-9%
-9%
4.8
-2%
-2%
December Sale Price vs List Price Ratio
95.2 %
-. 1 %
. 0 %
. 2 %
. 3 %
94.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
700 December Property sales were 511 , up 13.8 % from 449 in
December of 2016 and 28.4 % higher than the 398 sales last 600 Property month . December Sales 2017 sales were at their highest level 700
December compared Property to December sales were of 2016 511 , and up 13.8 2015 % . from December 449 in YTD sales 500 December of 5,607 are of 2016 running and 28.4 1.9 % ahead higher of than last the year 398 ' s year-to-date sales last sales 600 month of 5,501 . December . 2017 sales were at their highest level
400 compared to December of 2016 and 2015 . December YTD sales 500 of 5,607 are running 1.9 % ahead of last year ' s year-to-date sales 300 of 5,501 .
400 200
300 100
200

Cape Agent Coral

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
100
0
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
0
15
16
17
Prices
The Median Sales Price in December was $ 218,000 , up 1.0 %
J
F M A M J
15
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
3 Mo Avg
Prices from $ 215,900 in December of 2016 and down 0.9 % from
The
$ 219,918 Median last Sales month Price . in The December Average was Sales $ 218,000 Price in , up December 1.0 % was from
$ 262,049 $ 215,900 , down in December 0.9 % from of $ 2016 264,407 and in down December 0.9 % from of 2016 and
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$ up 219,918 0.7 % last from month $ 260,157 . The last Average month Sales . December Price in December 2017 ASP was was at
$ 262,049 , down 0.9 % from $ 264,407 in December of 2016 and
270 a mid range compared to December of 2016 and 2015 . up 0.7 % from $ 260,157 last month . December 2017 ASP was at
250
250
230
a mid range compared to December of 2016 and 2015 .
230
210
210
190
190 170
356 407 579 570 497
356 407 579 570 497 617 573 474 474 444 345 509 351 362 472 538 549 533 479 487 466 416 399 449 344 372 584 514 553 565 495 525 354 392 398 511
170
150
150
J
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
15
16
17
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
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
The
December Total Inventory was 2,272 of , Properties up 5.6 % from available 2,151 for last sale month as of and up
3,000
December
3.7 % from was 2,191 2,272 in , December up 5.6 % from of last 2,151 year last . month December and up 2017
3,000
2,500
3.7
Inventory % from 2,191 was in at December its highest of level last compared year . December with December 2017 of
2,500
Inventory
2016 and was 2015 at . its highest level compared with December of
2,000
2016 and 2015 .
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The December 2017 MSI of 4.4
500
2.0 higher months MSI was is better at a mid for level buyers compared . The December with December 2017 MSI of of 2016 4.4
500 months was at a mid level compared with December of 2016
1.0 and 2015 .
0 and 2015 .
0
0.0
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 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
15
16
17
15
16
17
2,378 2,438 2,349 2,217
2,378 2,438 2,349 2,217
2,000 1,836 1,797
617
2,000
1,836 573 474 474
1,797 1,717 1,756
444
1,717 1,756 1,856 2,014 2,055
345
1,856 2,291 2,014
Number of Properties Sold
509 351 2,291
2,444 2,055 2,400 2,314 362 472
2,444 2,400
538 549 533
2,314 2,174 2,070
479 487 466
2,174 2,070 2,041 1,978 2,003
2,061 2,041
2,193 1,978
2,191 2,003
2,061 2,378
416 399
2,193
2,191 449 344 372
2,378 2,408 2,375 584 514
2,250 2,151
2,408 2,375 2,250 2,151 2,070 1,958 1,942 1,933 553 565
2,070 1,958
3 Mo Avg
495
2,023 2,151 2,272
525
1,942 1,933
354 2,023
3 Mo Avg
392 398
2,151 2,272
511
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 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 Assoc 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 .
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