FL ARCHIVED February 2018 | Page 152

Market Action Report February 2018
Bonita Springs Agent / Bonita Name Beach Title Phone Community Information | School District Website Other
Market Action Report February 2018

City : Bonita Springs Price Range : All | Properties : SFH - Con

Bonita Springs Agent / Bonita Name Beach Title Phone Community Information | School District Website Other

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
$ 429,000
1 %
7 %
Average List Price of all Current Listings
$ 709,078
2 %
9 %
February Median Sales Price
$ 295,500
-4% -12%
3 %
-9%
$ 305,000
-1%
-6%
February Average Sales Price
$ 587,897
31 %
16 %
52 %
20 %
$ 524,696
8 %
7 %
Total Properties Currently for Sale ( Inventory )
1,021
4 %
-9%
February Number of Properties Sold
120
22 %
-9%
218
-4%
February Average Days on Market ( Solds )
116
22 %
5 %
9 %
16 %
107
6 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 276
4 %
4 %
9 %
10 %
$ 271
6 %
8 %
February Sold Price per Square Foot
$ 259
16 %
9 %
25 %
13 %
$ 243
9 %
6 %
February Month ' s Supply of Inventory
8.5 -15% -4%
0 %
9 %
9.3
-6%
19 %
February Sale Price vs List Price Ratio
93.1 %
1.2 %
. 4 %
. 4 %
. 5 %
92.6 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
300
February Property sales were 120 , down 9.1 % from 132 in
February of 2017 and 22.4 % higher than the 98 sales last
Property month . February Sales 2018 sales were at a mid level compared to
300
250
February Property of 2017 sales and 2016 were . 120 February , down 9.1 YTD % from sales 132 of 218 in are
February running of 4.4 2017 % behind and 22.4 last % year higher ' s year-to-date than the 98 sales last of 228 . month . February 2018 sales were at a mid level compared to
250
200
February of 2017 and 2016 . February YTD sales of 218 are running 4.4 % behind last year ' s year-to-date sales of 228 .
200
150
150
100
100
50
202 257 229 175
Number of Properties Sold
50 0 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
0 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in February was $ 295,500 , up 2.6 %
700
Prices from $ 288,000 in February of 2017 and down 4.2 % from Median Sales Price and Average Sales Price
3 Mo Avg
The $ 308,500 Median last Sales month Price . in The February Average was Sales $ 295,500 Price , in up February 2.6 % was 650
700 from $ 587,897 $ 288,000 , up 52.4 in February % from of $ 385,658 2017 and in down February 4.2 % of from 2017 and up 600 $ 308,500 last month . The Average Sales Price in February 650
31.4 % from $ 447,307 last month . February 2018 ASP was at the 550 $ highest 587,897 , level up 52.4 compared % from $ to 385,658 February in February of 2017 and of 2017 2016 and . up 600
500
31.4 % from $ 447,307 last month . February 2018 ASP was at the 550 highest level compared to February of 2017 and 2016 .
450 500
400
450 400
350
350 300
300 250
250 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 M J 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
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 1,021 of , up Properties 3.9 % from available 983 last for month sale as of and down 1,200
12.0
February 8.7 % from was 1,118 1,021 in , up February 3.9 % from of last 983 year last . month February and down 2018 1,200 12.0
1,000 10.0
8.7 Inventory % from 1,118 was in at February its lowest of level last compared year . February with 2018 February of 1,000 10.0
Inventory 2017 and was 2016 at . its lowest level compared with February of 800
8.0
2017 and 2016 . 800
8.0 600
6.0
600 6.0
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
4.0 higher MSI is better for buyers . The February 2018 MSI of 8.5 higher months MSI was is better at a mid for level buyers compared . The February with February 2018 MSI of of 2017 8.5 200
2.0 and 200
2.0 months 2016 . was at a mid level compared with February of 2017 and , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association 0 , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estate 0.0 activity . C
2016 . 0
0.0 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 J F 15
16 17
18 15
16 17
18
147
202 257 229 175 147 124 139 142 112 159 116 112 165 214 184 185 121 135 142 98 135 155 96 132 190 176 188 172 111 111 75 85 103 114 98 120
839 817 808 749 710 704 757 124 139
839 817 808 749 710 704 757
142
783 822 848
112 159 116
977 1,055 1,034 1,058 1,011 964
783 822 848
Number of Properties Sold
112 165 214 184 185 121 135
922 877 917 963 963 988
142
977 1,055 1,034 1,058 1,011 964 922 877 917 963 98 135 155 96 132 190
1,086 1,118 1,082 1,021 927 872 836 814 176 188
963 988 1,086 1,118 1,082 1,021 927 872
172 111
813 838 880 918
111
3 Mo Avg
75
983 1,021
836 814 813 838 880 85 103 114
918 983 1,021
3 Mo Avg
98
120
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 | 77