FL ARCHIVED January 2018 | Page 73

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

City : Naples

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
$ 475,000
1 %
0 %
Average List Price of all Current Listings
$ 991,482
-0%
-2%
January Median Sales Price
$ 406,000
21 %
14 %
23 %
16 %
$ 406,000
23 %
16 %
January Average Sales Price
$ 744,595
28 %
22 %
32 %
21 %
$ 744,595
32 %
21 %
Total Properties Currently for Sale ( Inventory )
5,494
7 %
-12%
January Number of Properties Sold
642
-1%
10 %
642
10 %
January Average Days on Market ( Solds )
105 -12% -6%
5 %
-3%
105
5 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 314
3 %
4 %
9 %
7 %
$ 314
9 %
7 %
January Sold Price per Square Foot
$ 299
21 %
15 %
15 %
14 %
$ 299
15 %
14 %
January Month ' s Supply of Inventory
8.6
8 %
-4% -21%
2 %
8.6
-21%
2 %
January Sale Price vs List Price Ratio
93.9 %
1.0 %
. 9 %
. 6 %
1.5 %
93.9 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1,200
January Property sales were 642 , up 10.5 % from 581 in January
of 2017 and 1.1 % lower than the 649 sales last month . January
1,000
Property
2018 sales Sales were at their highest level compared to January of
1,200
January
2017 and Property 2016 . sales January were YTD 642 , sales up 10.5 of % 642 from are 581 running January 10.5 % of ahead 2017 and of last 1.1 % year lower ' s year-to-date than the 649 sales sales of last 581 month . . January
1,000
2018 sales were at their highest level compared to January of
800
2017 and 2016 . January YTD sales of 642 are running 10.5 % ahead of last year ' s year-to-date sales of 581 .
800
600
600
400
400 200
Number of Properties Sold
200 0 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
0 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg
The Median Sales Price in January was $ 406,000 , up 23.0 %
Prices from $ 330,000 in January of 2017 and up 21.2 % from Median Sales Price and Average Sales Price
750
3 Mo Avg
The $ 335,000 Median last Sales month Price . in The January Average was Sales $ 406,000 Price , up in January 23.0 % was from $ 744,595 $ 330,000 , up 31.7 in January % from of $ 565,235 2017 and in up January 21.2 % from of 2017 and up
750 $ 27.6 335,000 % from last $ month 583,323 . The last Average month Sales . January Price 2018 in January ASP was 650 at the
$ highest 744,595 , level up 31.7 compared % from $ to 565,235 January in of January 2017 and of 2017 2016 and . up
650 27.6 % from $ 583,323 last month . January 2018 ASP was at the 550 highest level compared to January of 2017 and 2016 .
550 450
450 350

Naples

628 972
628 972 1,111 965 855 717 687 693 617 566 704 559 514 772 884 792 813 611 636 570 548 542 649 581 622 884 838 971 892 645 673 385 542 488 649 642
350
250
250
F
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
M
15 A 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
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
January Total Inventory was 5,494 of , up Properties 7.1 % from available 5,132 last for sale month as of and down
7,000
January
12.2 % from was 5,494 6,259 , up in 7.1 January % from of 5,132 last year last month . January and 2018 down
7,0006,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
12.2
Inventory % from 6,259 was at in a January mid level of compared last year . January with January 2018 of 2017 and
6,000
5,000
Inventory
2016 . was at a mid level compared with January of 2017 and
5,000
2016 .
4,000
4,000
3,000
12.0
10.0
8.0
10.0
8.0
6.0
A comparatively lower MSI is more beneficial for sellers while
3,000 a
6.0
2,000
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 8.6
2,000
4.0 higher months MSI was is better at its lowest for buyers level . The compared January with 2018 January MSI of 8.6 of 2017
1,000 months was at its lowest level compared with January of 2017
1,000
2.0 and 2016 .
0 and 2016 .
0
0.0
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 J
15
16
17
18
15
16
17
18
4.0
2.0
0.0
4,702 4,587 4,361 4,091 3,931 3,780 3,713
Agent Name
Title Phone Website Other

Community Information | School District

1,111 965 855 717 687 693
3,676 3,943 4,211 4,372
617
4,702 4,587 4,361 4,091 3,931 3,780 3,713 3,676 3,943
566 704
Number of Properties Sold
559 514 772 884 792 813 611
5,012 5,473 5,545 5,551 5,350 5,155 4,910 4,834 4,987 5,268 5,611
4,211 4,372
5,012 5,473 5,545 5,551 5,350 5,155 4,910 4,834 636 570
4,987 5,731 6,259
548 542
5,268
5,611 6,411
6,353 5,731
649 581 622 884 838
6,042 5,568 5,253 4,951 4,863 4,601 971 892
6,259 6,411 6,353 6,042 5,568 5,253 4,951 4,863
4,722 5,031 5,132
3 Mo Avg
645 673
5,494
4,601
4,722 385 542
5,031 5,132
3 Mo Avg
488
5,494 649 642
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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