FL ARCHIVED February 2018 | Page 68

Naples/Fort Myers Collier County Marco Island Naples Market Action Report County: Collier Collier County Agent Name Market Action Report County: Collier Title Phone Agent Name Website Title Other February 2018 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $485,000 0% -0% Other $976,759 Trending -1% versus*: -2% Month LM -4% L3M 5% PYM 8% LY $389,950 $485,000 0% 1% 11% -0% 21% $740,340 $976,759 6,527 -1% 3% -2% -11% $389,950 666 -4% -5% 5% 8% -4% 8% $740,340 110 1% 2% 11% -4% 21% -4% 19% 6,527 3% -11% $310 -4% -1% 1% 666 -5% -4% $302 -0% 8% 11% 110 2% -4% -4% 0% 9.8 9% 9% -7% $310 -4% -1% 1% 3% 93.1% -.5% .1% .3% Average List Price of all Current Listings Lee County Bonita Springs/Bonita Beach Cape Coral Fort Myers Fort Myers Beach February 2018 Market Profile & Sales Trends Overview February Median Price Median List Average Price of Sales all Current February Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) February Sales Price February Median Number of Properties Sold February Average Sales Price February Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) February Number of Properties Sold February Sold Price per Square Foot February Average Days on Market (Solds) February Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) February Sale Price vs List Price Ratio February Sold Price per Square Foot February Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date Property Sales Trending versus*: Prior YTD 12% Prior Year 10% 8% YTD $397,500 19% $738,282 21% 19% $397,500 1,370 12% $738,282 21% 0% 109 3% 12% 12% .8% 2% 10% -1% 19% 6% 11% -1% -13% 6% 1% $318 1,370 2% $303 109 -1% 9.4 $318 6% 93.4% -1% 6% 12% 8% 1% $302 -0% 8% 11% 12% $303 11% 12% 9.8 9% 9% -7% 12% 9.4 -13% 8% of 93.4% Properties 93.1% -.5% .1% .3% Number .8% 1% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date February Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg 1,400 Prices The Median Sales Price in February was $389,950, up 8.3% Prices from $360,000 in February of 2017 and down 3.7% from The Median last Sales month. Price in The February was Sales $389,950, up February 8.3% $405,000 Average Price in was 800 from $360,000 in February of 2017 and 3.7% of from $740,340, up 21.1% from $611,524 in down February 2017 and up 750 $405,000 last month. The Price 2018 in February was 0.5% from $736,335 last Average month. Sales February ASP was at the 700 $740,340, up 21.1% from $611,524 in February of 2017 and up highest level compared to February of 2017 and 2016. 0.5% from $736,335 last month. February 2018 ASP was at the highest level compared to February of 2017 and 2016. 650 600 550 500 450 400 350 300 15 800 750 700 650 600 550 500 450 400 350 300 16 17 Median Sales Price and Average Sales Price 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 15 16 17 18 M A M J J A S O N Median D J F M Sales A M J Price J A S and O N D Average J F M A Sales M J J Price A S O N D J F 3 Mo Avg 18 3 Mo Avg 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 18 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 15 16 17 18 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of 8,000 February was 6,527, up 2.8% from 6,350 for last month The Total Inventory of Properties available sale as of and down 8,000 7,000 11.0% from 7,332 in February of last year. February 2018 February was 6,527, up 2.8% from 6,350 last month and down 11.0% from 7,332 last year. with February 2018 of 2017 7,000 6,000 Inventory was at in a February mid level of compared February Inventory was at a mid level compared with February of 2017 6,000 5,000 and 2016. and 2016. 5,000 4,000 4,000 3,000 A comparatively lower MSI is more beneficial for sellers while 3,000 a A higher comparatively lower MSI is more beneficial for sellers while a MSI is better for buyers. The February 2018 MSI of 9.8 2,000 2,000 higher MSI is better for buyers. February 2018 MSI of 9.8 1,000 months was at its lowest level The compared with February of 2017 1,000 months was at its lowest level compared with February of 2017 0 and 2016. and 2016. 0 0 200 200 400 400 600 3 Mo Avg 600 800 1,000 of 2017 and 2016. February YTD sales of 1,370 are running 2.0% ahead of last year's year-to-date sales of 1,343. Number of Properties Sold Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 14.0 0 14.0 12.0 12.0 10.0 Click Here for Market Watch Videos February Property sales were 666, down 4.3% from 696 in February of 2017 and 5.4% lower than the 704 sales last month. 1,200 Property Sales February 2018 sales were at a mid level compared to February 1,400 February Property were 666, down from are 696 running in 1,000 of 2017 and 2016. sales February YTD sales 4.3% of 1,370 February of 2017 and year's 5.4% lower than the sales 704 sales last month. 1,200 2.0% ahead of last year-to-date of 1,343. 800 February 2018 sales were at a mid level compared to February 10.0 8.0 6.0 4.0 2.0 0.0 8.0 6.0 4.0 2.0 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 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 15 16 17 18 15 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con 16 17 18 c o l dw el l b a n k er h o m es . c o m | 69 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REAL does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction.