FL ARCHIVED February 2018 | Page 82

City: Fort Myers Beach
Price Range: All | Properties: SFH - Con
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
Prices
94%
94%
93.1%
93.0%
93.1%
93%
92%
92%
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
Inventory / New Listings / Sales
Inventory / New Listings / Sales
2,500
3,000
3,500
The Median Sales Price in February was $432,500, up 1.2%
Prices
from $427,500 in February of 2017 and up 9.8% from
The
Median last
Sales month.
Price in The
February
was Sales
$432,500,
up February
1.2%
$394,000
Average
Price in
was
800
from
$427,500
in February
of 2017
and up in
9.8%
from of 2017 and
$483,036,
down
25.3% from
$646,664
February
750
$394,000
last month.
The last
Average
Sales
Price in February
up 4.2% from
$463,765
month.
February
2018 ASP was
was at a
$483,036,
25.3% to
from
$646,664
in February
of 2017 and 700
mid range down
compared
February
of 2017
and 2016.
up 4.2% from $463,765 last month. February 2018 ASP was at a 650
600
mid range compared to February of 2017 and 2016.
550
500
450
400
350
300
Inventory & MSI
0
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 D Median
J F M A Sales
M J J Price
A S O and
N D Average
J F M A Sales
M J J Price
A S O N D J F
0
95%
10
10
20
Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
30
20
3 Mo Avg
3 Mo Avg
40
Selling Price versus Listing Price Ratio 10%
6%
2%
15%
0%
50
30
22% -3%
-3% -11%
8%
-15%
10%
-13%
6%
1%
Number of Properties Sold
60
40
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
95%
2,000
50
-3%
-11%
70
February Property sales were 28, equal to 28 in February of
2017 and 26.3% lower than the 38 sales last month. February
Property
2018 sales Sales
were at their highest level compared to February of 70
February
sales were YTD
28, equal
2017 and Property
2016. February
sales to
of 28
66 in
are February
running of 22.2%
2017
and of 26.3%
lower year-to-date
than the 38 sales
month. February
60
ahead
last year's
sales last
of 54.
2018 sales were at their highest level compared to February of
2017 and 2016. February YTD sales of 66 are running 22.2%
ahead of last year's year-to-date sales of 54.
93%
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in February 2018 was 881, down 20.8% from 1,113 last month
and up 3.6% from 850 in February of last year.
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
129
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The February 2018 Selling Price vs Original
List Price of 93.1% was up from 92.8% last month and equal to
93.1% in February of last year.
February Month's Supply of Inventory
144
139
-33%
$400 -7% 1% -6% -2%
$416
-15%
2%
13.2 46% 20% 7% 37%
11.1 -13%
15%
of 93.1%
Properties
92.7% -.7% -.3% .8% Number
-.2%
1% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
150
145
140
135
130
125
120
115
110
105
100
February Sale Price vs List Price Ratio
February Sold Price per Square Foot
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The February 2018 Selling Price per Square Foot of $144 was
down 2.3% from $147 last month and up 2.9% from 139 in
February of last year.
February Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
Selling Price per Square Foot
February Average Days on Market (Solds)
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
$474
66
22%
$416
120
-3%
11.1
$474
8%
93.1%
0
5%
-2%
37%
-.2%
-13%
66
-33%
120
10
$412,500
$471,940
36%
20
$471,940
30
40
Trending versus*:
Prior YTD Prior Year
Trending versus*:
YTD
Prior YTD -13%
Prior Year
$412,500
50
Selling Price per Square Foot
February 2018
YTD
2%
-9%
60
Trending versus*:
L3M PYM
LY
$499,000
-0%
-0%
Other
$746,157 Trending
-0% versus*: 5%
Month
LM 10%
L3M 8%
PYM 1%
LY
$432,500
$499,000
-0% 4% 2%
-0% -25%
$483,036
$746,157 370
-0% 8%
5% 7%
$432,500 10%
8%
2%
28 -26% 1% 0%
$483,036 148
4% 48%
2% 35%
-25% 11%
-9%
370 8%
7%
$473 0% 2% -2%
28 -26%
0%
$400 -7% 1% -6%
148 48% 35% 11% 36%
13.2 46% 20% 7%
$473 0% 2% -2% 5%
92.7% -.7% -.3% .8%
Average List Price of all Current Listings
70
LM
83
85
75
80
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
100
90
Phone
Month
Website
3 Mo Avg
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for February was 83, up 3.8% from 80
days last month and down 2.4% from 85 days in February of last
year. The February 2018 DOM was at a mid level compared with
February of 2017 and 2016.
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Days On Market for Sold Properties
Market Time
Agent Name
Market Action Report
Community Information | School District
Price Range: All | Properties: SFH - Con
Fort Myers Beach
Title
Phone
Website
Other
City: Fort Myers Beach
Agent Name
February 2018
Fort Myers
Market Action Report
City: Fort Myers
February 2018
Market Action Report
18
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Total Inventory & Month's Supply of Inventory (MSI)
Inventory
& MSI of Properties available for sale as of
400
16.0
February
was 370, of up Properties
7.9% from
343 last for
month
1,500
The
Total Inventory
available
sale as and
of up 6.9%
400
16.0
350
14.0
from
346
in
February
of
last
year.
February
2018
Inventory
was
February was 370, up 7.9% from 343 last month and up 6.9%
1,000
14.0
from
in February
of last year.
February
2018
was 350 300
at its 346
highest
level compared
with
February
of Inventory
2017 and 2016.
12.0
at its highest level compared with February of 2017 and 2016.
300 250
12.0
500
10.0
250 200
10.0
8.0
0
200 150
8.0
6.0
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
A comparatively lower MSI is more beneficial for sellers while 150
a
6.0
15
16
17
18
4.0
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while of a 13.2 100
MSI is better
for buyers.
February
2018 MSI
100
4.0
higher
MSI
is better
for buyers.
February with
2018
MSI of 13.2
50
2.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
months
was
at its highest
level The
compared
February
of 2017
50
2.0
months
was at its highest level compared with February of 2017
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
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 Association of REALTORS, Flagler County Association
of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association,
activity.
and 2016.
0
0.0
and 2016.
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.
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
82 | 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
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
C
18
c o l dw el l b a n k er h o m es . c o m
| 83
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.