Florida Market Viewpoint June 2017 - Page 81

Market Action Report City: Fort Myers Fort Myers Agent Name Market Action Report City: Fort Myers 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 $284,350 0% 3% Other $378,456 Trending -1% versus*: -2% Month LM 2% L3M 2% PYM 2% LY $229,309 $284,350 0% 0% 0% 3% 1% $265,663 $378,456 2,618 -1% -1% -2% 12% $229,309 467 2% -15% 2% 2% -2% 6% $265,663 0% 0% 1% 4% 90 13% 8% 18% 2,618 -1% 12% $157 0% 0% 8% 467 -15% -2% $142 -1% -2% 2% 90 13% 8% 18% 20% 5.6 17% 7% 14% $157 0% 0% 8% 1% 92.8% -.4% -.5% -.4% 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 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 Trending versus*: YTD Prior YTD 6% Prior Year $225,000 6% 4% $263,730 $225,000 2,860 6% $263,730 4% 20% 83 1% 4% -4% -.9% $159 2,860 4% $144 83 15% 6.2 $159 3% 93.3% 4% 4% 3% 4% 4% 15% 3% 3% 5% 11% 8% 2% -0% 11% 2% 5% 6% -0% $142 -1% -2% 2% 4% $144 5% 5% 5.6 17% 7% 14% -4% 6.2 8% 6% of 93.3% Properties 92.8% -.4% -.5% -.4% Number -.9% -0% Sold -0% * 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 Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg 700 June Property sales were 467, down 1.7% from 475 in June of 2016 and 15.4% lower than the 552 sales last month. June 2017 600 Property sales were Sales at their lowest level compared to June of 2016 and 700 June Property sales sales were of 467, down 1.7% from 475 in ahead June of of last 500 2015. June YTD 2,860 are running 4.3% 2016 and 15.4% lower sales than of the 2,743. 552 sales last month. June 2017 600 year's year-to-date 400 sales were at their lowest level compared to June of 2016 and Prices 14 The Median Sales Price in June was $229,309, up 1.9% from Prices $225,000 in June of 2016 and up 1.9% from $225,000 last 290 The Median Sales Price Sales in June was in $229,309, 1.9% from up 0.9% month. The Average Price June was up $265,663, 270 $225,000 in June of 2016 and up 1.9% from $225,000 last from $263,225 in June of 2016 and up 0.3% from $264,748 last 290 month. Average Price June was $265,663, up 0.9% month. The June 2017 Sales ASP was at in the highest level compared to 250 from in June of 2016 and up 0.3% from $264,748 last 270 June $263,225 of 2016 and 2015. month. June 2017 ASP was at the highest level compared to 250 230 445 15 16 515 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 A M J J A Sales S O N Price D J F and M A Average M J J A Sales S O N Price D J F M A M J Median 0 June of 2016 and 2015. 0 100 100 200 200 300 3 Mo Avg 300 400 500 2015. June YTD sales of 2,860 are running 4.3% ahead of last year's year-to-date sales of 2,743. Number of Properties Sold 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 230 210 210 190 190 170 170 150 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 150 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 2,500 2,000 2,000 10.0 10.0 highest level compared with June of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of June 3,500 was Total 2,618, down 1.2% from 2,651 last month and The Inventory of Properties available for sale as up of 11.6% June from 3,500 2,345 in June of last year. June 2017 Inventory was at its 3,000 was 2,618, down 1.2% from 2,651 last month and up 11.6% from 2,345 in June last year. with June June 2017 of Inventory was at its highest level of compared 2016 and 2015. 3,000 2,500 1,500 8.0 6.0 A comparatively lower MSI is more beneficial for sellers while 1,500 a 1,000 4.0 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 5.6 a 1,000 500 higher MSI is better for buyers. June 2017 MSI of 5.6 2.0 months was at its highest level The compared with June of 2016 and 500 months 0 2015. was at its highest level compared with June of 2016 and 0 0.0 2015. 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