FL ARCHIVED February 2018 | Page 156

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

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
$ 280,000
0 %
-2%
Average List Price of all Current Listings
$ 367,599
-2%
-3%
February Median Sales Price
$ 229,150
3 %
3 %
7 %
4 %
$ 225,000
5 %
2 %
February Average Sales Price
$ 281,179
6 %
5 %
7 %
6 %
$ 272,723
5 %
2 %
Total Properties Currently for Sale ( Inventory )
2,699
13 %
12 %
February Number of Properties Sold
408
-1%
10 %
819
14 %
February Average Days on Market ( Solds )
73
3 %
1 %
-18%
-4%
72
-14%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 162
-4%
-2%
1 %
2 %
$ 166
4 %
4 %
February Sold Price per Square Foot
$ 149
1 %
3 %
3 %
3 %
$ 148
3 %
3 %
February Month ' s Supply of Inventory
6.6
14 %
20 %
2 %
39 %
6.2
-7%
30 %
February Sale Price vs List Price Ratio
95.2 %
. 4 %
. 1 %
1.0 %
. 4 %
95.0 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

Cape Agent Coral

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
700
February Property sales were 408 , up 9.7 % from 372 in
February of 2017 and 0.7 % lower than the 411 sales last month .
600
Number of Properties Sold
3 Mo Avg
Property
February 2018 Sales sales were at their highest level compared to
700
February Property of 2017 sales and 2016 were . 408 February , up 9.7 % YTD from sales 372 of in 819 are February running of 14.4 2017 % ahead and 0.7 of % last lower year than ' s year-to-date the 411 sales sales last month of 716 ..
February 2018 sales were at their highest level compared to
February of 2017 and 2016 . February YTD sales of 819 are running 14.4 % ahead of last year ' s year-to-date sales of 716 .
600
500
500
400
300
400
200
300
200
100
100
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
Prices
The Median Sales Price in February was $ 229,150 , up 6.6 %
M
A M J
15
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
16
17
18
3 Mo Avg
Prices from $ 214,950 in February of 2017 and up 3.1 % from $ 222,200
The last Median month Sales . The Price Average in February Sales Price was in $ 229,150 February , up was 6.6 % $ 281,179 , from up 7.2 $ 214,950 % from in $ 262,280 February in of February 2017 and of up 2017 3.1 % and from up $ 222,200 6.4 % from
290 last
$ 264,329 month . last The month Average . February Sales Price 2018 in February ASP was was at $ the 281,179 highest , up 7.2 % from $ 262,280 in February of 2017 and up 6.4 % from
270 level compared to February of 2017 and 2016 .
$ 264,329 last month . February 2018 ASP was at the highest
250
290
270
250
230
Median Sales Price and Average Sales Price
3 Mo Avg
level compared to February of 2017 and 2016 .
230
210
210
190
190
170
170
150
150
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
The
February Total Inventory was 2,699 of , Properties up 12.8 % from available 2,393 for last sale month as of and up
3,000
February
11.9 % from was 2,413 2,699 , in up February 12.8 % from of last 2,393 year last . February month and 2018 up
3,000
2,500
11.9
Inventory % from 2,413 was at in its February highest of level last compared year . February with 2018 February of
2,500
Inventory
2017 and was 2016 at . its highest level compared with February of
2,000
2017 and 2016 .
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
8.0
7.0
6.0
5.0
4.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The February 2018 MSI of 6.6
2.0 higher MSI is better for buyers . The February 2018 MSI of 6.6
500
2.0 months was at a mid level compared with February of 2017 and
500
1.0 months was at a mid level compared with February of 2017 and
1.0
, Flagler County Association
2016 . 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 activity
0.0 . 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
579 570 497
579 570 497 617 573 474 474 444 345 509 351 362 472 538 549 533 479 487 466 416 399 449 344 372 584 514 553 566 494 527 354 392 399 519 411 408
2,349 2,216
2,000 1,836 1,797 617 573 474 474 444
2,349 2,216
2,000 1,836 1,797 1,717 1,755 1,856
1,717 1,755 1,856 2,014 2,055
345 2,292 2,014 509 351
2,446 2,055 2,402
2,316
362 472 538 549 533 479 487 466
2,292 2,446 2,402 2,316 2,176 2,072 2,042 1,980 2,005
2,176 2,072 2,042 1,980 2,005 2,063 2,195 2,193
416 399 449 344 372 584 514 553 566
2,380 2,413 2,381 2,256 2,157 2,076 1,967 1,952 1,947 2,035
2,063 2,195 2,193 2,380 2,413
494
2,140 2,146
527
2,381 2,256 2,157 2,076 1,967 1,952 1,947
354
2,393
2,699 392 399
2,035 2,140 2,146
519 411
2,393 2,699
408
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 .
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