Market Action Report
Fort Myers Beach
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Title Other
January 2018
Community Information | School District
City: Fort Myers Beach
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
$512,500
2%
2%
Other
$744,375 Trending
-2% versus*: 9%
Month
LM -12%
L3M -1%
PYM -20%
LY
$394,000
$512,500
2% -12% -6%
2% -39%
$463,765
$744,375 358
-2% 14% 9% 4%
$394,000 -12%
-1% -20% 46%
-7%
38 31%
$463,765 100
-12% 20%
-6% -39%
-13%
3% -13%
358 14%
4%
$477 -3% 3% 22%
38 31%
46%
$428 7% 4% -23%
100 20% 3% -13% -8%
9.4 -13% -16% -29%
$477 -3% 3% 22% 6%
93.4% -.6% .3% .5%
Average List Price of all Current Listings
Market
Trends
Overview
January Profile
Median & Sales
Price
Median
List
Price of Sales
all Current
January
Average
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
January
Sales
Price
January Median
Number
of Properties
Sold
January Average Sales Price
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
January Number of Properties Sold
January Sold Price per Square Foot
January Average Days on Market (Solds)
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sale Price vs List Price Ratio
January Sold Price per Square Foot
Trending versus*:
Prior YTD -20%
Prior Year -7%
-7% YTD
$394,000
-13%
$463,765
-39%
-13%
$394,000
$463,765
-8%
6%
5%
-3%
.6%
January Month's Supply of Inventory
January 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
50
3 Mo Avg
Number of Properties Sold
60
3 Mo Avg
50
40
30
40
20
30
650
600
550
500
450
400
350
300
Inventory & MSI
800
750
700
650
600
550
500
450
400
350
300
3 Mo Avg
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
18
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
0
18 3 Mo Avg
17
Median Sales Price and Average Sales Price
29
16
F 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
15
16
17
18
The Total Inventory
Inventory
& MSI of Properties available for sale as of
400
January
was 358, up
13.7% from
315 last for
month
and
The
Total Inventory
of Properties
available
sale as
of up 3.8%
400
350
from
345
in
January
of
last
year.
January
2018
Inventory
was
at
January was 358, up 13.7% from 315 last month and up 3.8%
from
345 in January
of last year.
Inventory
was at 350 300
its highest
level compared
with January
January 2018
of 2017
and 2016.
its highest level compared with January of 2017 and 2016.
300 250
250 200
200 150
A comparatively lower MSI is more beneficial for sellers while 150
a
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The January 2018 MSI of 9.4 100 100
higher
MSI
is better
for level
buyers.
The January
2018 MSI of of 2017
9.4 and
50
months
was
at a mid
compared
with January
50
months
0
2016. was at a mid level compared with January of 2017 and
2016.
44
15
Prices
The Median Sales Price in January was $394,000, down 20.2%
Prices
from $493,750 in January of 2017 and down 12.2% from
The
Median last
Sales month.
Price in The
January
was Sales
$394,000,
20.2% was
$449,000
Average
Price down
in January
800
from
$493,750
in January
of 2017
and down
12.2% from
$463,765,
down
38.7% from
$756,804
in January
of 2017 and
750
$449,000
last from
month.
The Average
Sales Price
in January
down 12.0%
$526,728
last month.
January
2018 was
ASP was
700
$463,765,
down level
38.7%
from $756,804
in January
2017
and
at the lowest
compared
to January
of 2017 of and
2016.
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
15
16
17