Florida Market Viewpoint June 2017 - Page 75

Market Action Report County: Lee Lee County Agent Name Market Action Report County: Lee June 2017 Title Phone Agent Name Website Title Other June 2017 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 $300,000 -3% -2% Other $471,543 Trending -2% versus*: -1% Month LM 1% L3M 0% PYM 7% LY $230,000 $300,000 -3% -2% -1% -2% 5% $320,015 $471,543 8,231 -2% -2% -1% 6% $230,000 1,681 1% -10% 0% 7% 2% 7% $320,015 -2% -1% 5% 8% 86 4% 2% 10% 8,231 -2% 6% $177 -3% -2% 7% 1,681 -10% 2% $166 -4% -3% 3% 86 4% 2% 10% 12% 4.9 10% 1% 4% $177 -3% -2% 7% -3% 93.4% -.2% -.3% -.6% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Price Current Listings June Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) June Sales Price June Median Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sale Price vs List Price Ratio June Sold Price per Square Foot Trending versus*: Prior YTD Prior Year YTD Trending versus*: YTD Prior YTD 7% Prior Year $230,000 7% 8% $320,556 $230,000 9,633 7% $320,556 6% 12% 85 -3% $184 9,633 5% 5% $170 85 15% -14% 5.8 $184 2% -.9% 93.7% 6% 7% 8% 5% 7% 15% 8% 2% 6% 10% 3% 1% -0% 10% 1% 8% 3% -1% $166 -4% -3% 3% 5% $170 6% 8% 4.9 10% 1% 4% -14% 5.8 3% 3% of 93.7% Properties 93.4% -.2% -.3% -.6% Number -.9% -0% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Month's Supply of Inventory June Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 3 Mo Avg 2,500 June Property sales were 1,681, up 1.5% from 1,656 in June of 2016 and 10.2% lower than the 1,872 sales last month. June Property 2017 sales Sales were at a mid level compared to June of 2016 and 2,500 2,000 June Property sales sales were of 1,681, up are 1.5% from 1,656 June of 2015. June YTD 9,633 running 4.7% in ahead of last 2016 and 10.2% lower sales than of the 9,204. 1,872 sales last month. June year's year-to-date 1,500 2017 sales were at a mid level compared to June of 2016 and 2015. June YTD sales of 9,633 are running 4.7% ahead of last year's year-to-date sales of 9,204. Number of Properties Sold 3 Mo Avg 2,000 1,500 1,000 Prices 290 270 250 230 210 190 170 150 Inventory & MSI 14 350 330 310 290 270 250 230 210 190 170 150 16 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 15 A M J J A S O N D J F M 16 J A 14 S O N D J F M A M J J A S O N D J F M A 17 M J 14 15 16 17 8,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of June 12,000 was Total 8,231, down 1.6% from 8,365 last month and The Inventory of Properties available for sale as up of 5.7% June from 12,000 7,787 in June of last year. June 2017 Inventory was at its was 8,231, down 1.6% from 8,365 last month and up 5.7% from 10,000 7,787 in June last year. with June June 2017 of Inventory was at its highest level of compared 2016 and 2015. 10,000 8,000 highest level compared with June of 2016 and 2015. 6,000 6,000 A comparatively lower MSI is more beneficial for sellers while a 1,440 1,493 1,624 1,171 15 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 last month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. 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 14 15 16 17 J A S O N D J F M Median A M J J Sales A S O Price N D J and F M A Average M J J A Sales S O N Price D J F M A M J 0 The Median Sales Price in June was $230,000, up 7.0% from Prices $215,000 in June of 2016 and up 0.9% from $228,000 last The Median Sales Price Sales in June was in $230,000, 7.0% from month. The Average Price June was up $320,015, up 4.5% 350 $215,000 in June in of June 2016 of and up 0.9% from $228,000 from $306,234 2016 and down 1.9% from last $326,110 month. The Average Sales ASP Price in June $320,015, up 4.5% 330 last month. June 2017 was at the was highest level compared to 310 from in June of 2016 and down 1.9% from $326,110 June $306,234 of 2016 and 2015. 0 500 1,000 500 4,000 4,000 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 4.9 a 2,000 higher MSI is better for buyers. June 2017 MSI of 4.9 months was at its highest level The compared with June of 2016 and 2,000 months was at its highest level compared with June of 2016 and 0 2015. 0 2015. 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 M A M J 14 15 16 17 14 15 16 17 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 c o l dw el l b a n k er h o m es . c o m | 75 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 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 PSԔPSԔ\X][ۂH[HXX\XB\\X][ۂوPS\\[܈X\[YBX\XBو[ܛX][ۋ\[ܛX][ۋ]\\ۜX[]BH\ۜX[]B[H܈^Y\\YB[[[ܛX][ۂXۜ[Y\&\™\]H[X[ۋ\›\[܈X\[YBHBX\XBو\’]\Bو[Hق^Y\[\܈[\\YH[B[[B[[ܛX][ۂ[][[][Xۜ[Y\&\œX[\]HX[[X[ۋ