FL ARCHIVED March 2018 | Page 144

Market Action Report March 2018
Community Information | School District 855 717 687 693 617
Market Action Report March 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
$ 465,000
0 %
-2%
Average List Price of all Current Listings
$ 973,831
1 %
-2%
March Median Sales Price
$ 390,000
4 %
4 %
9 %
11 %
$ 385,000
10 %
10 %
March Average Sales Price
$ 720,346
-1%
4 %
11 %
17 %
$ 729,822
19 %
18 %
Total Properties Currently for Sale ( Inventory )
5,705
-3%
-10%
March Number of Properties Sold
848
39 %
-4%
2,104
1 %
March Average Days on Market ( Solds )
108
-1%
-2%
6 %
0 %
107
3 %
-1%
Asking Price per Square Foot ( based on New Listings )
$ 310
4 %
1 %
7 %
7 %
$ 307
6 %
6 %
March Sold Price per Square Foot
$ 283
-3%
1 %
3 %
8 %
$ 291
9 %
11 %
March Month ' s Supply of Inventory
6.7 -30% -20% -7%
-21%
8.4
-11%
-1%
March Sale Price vs List Price Ratio
93.1 %
-. 3 % -. 2 %
. 6 %
. 6 %
93.4 %
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
March Property sales were 848 , down 4.1 % from 884 in March
of 2017 and 39.5 % higher than the 608 sales last month . March
1,000
Property
2018 sales Sales were at a mid level compared to March of 2017 and
1,200
March
2016 . Property March YTD sales sales were of 848 2,104 , down are 4.1 running % from 0.8 884 % in ahead March of last of year 2017 ' s and year-to-date 39.5 % higher sales than of 2,088 the 608 . sales last month . March
1,000
2018 sales were at a mid level compared to March of 2017 and
800
2016 . March YTD sales of 2,104 are running 0.8 % ahead of last year ' s year-to-date sales of 2,088 .
800
600
600
400
400

Naples

200
Number of Properties Sold
200 0 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
0 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in March was $ 390,000 , up 9.4 % from
800
Prices $ 356,500 in March of 2017 and up 4.1 % from $ 374,500 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 390,000 was , up $ 720,346 9.4 % from , up
750
800 $ 11.0 356,500 % from in March $ 648,671 of 2017 in March and up of 4.1 2017 % from and $ down 374,500 1.2 % last from 700 month . The Average Sales Price in March $ 720,346 , up
750
$ 729,440 last month . March 2018 ASP was at the highest level 650 11.0 % from $ 648,671 in March of 2017 and down 1.2 % from 700 compared to March of 2017 and 2016 .
600
$ 729,440 last month . March 2018 ASP was at the highest level 650 550 compared to March of 2017 and 2016 . 600
500 550
450 500
400 450
350
400 350
300
300 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
15 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 M
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 March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 5,705 Inventory , down 2.7 of % Properties from 5,866 available last month for sale and as down of March 10.4 % 7,000
14.0 was from 5,705 6,367 , down in March 2.7 % from of last 5,866 year last . March month 2018 and down Inventory 10.4 % was at 7,0006,000
14.0 12.0 from a mid 6,367 level in compared March of last with year March . March of 2017 2018 and Inventory 2016 . was at 6,000 5,000
12.0 10.0 a mid level compared with March of 2017 and 2016 . 5,000
10.0 4,000
8.0
4,000 8.0
3,000 6.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a 6.0
2,000 4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2018 sellers MSI while of 6.7 a 2,000 4.0 higher months MSI was is better at its lowest for buyers level . The compared March 2018 with March MSI of of 6.72017 and 1,000
2.0 months was at its lowest level compared with March of 2017 and 1,000
2.0 , Flagler County Association 2016 . of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association 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 activity . C
2016 . 0
0.0 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
M J F M A M J
F M A M J F M
15 16
17 18
1,111 965 855 717 687 693 617 566 704 559 514 772 884 792 813 611 636 570 548 542 649 582 622 884 838 971 892 646 673 386 542 490 650 648 608 848
4,361 4,091 3,931 3,780 3,713
3,676 4,371 3,942
4,361 4,091 3,931 3,780 3,713 3,676 3,942 4,210
A
15
1,111 965
Agent Name
Title Phone Website Other

Community Information | School District 855 717 687 693 617

J A S O N D J
16
566 704 559 514
Number of Properties Sold
772 884 792 813 611
5,011 5,472 5,545 5,551 5,351 5,156 4,911 4,835
4,988 5,734
5,011 5,472 5,545 5,551 5,351 5,156 4,911 4,835 4,988 5,270 5,614
4,210 4,371
636 570
J A S O N D J
17
548 542 649 582 622 884 838
5,270 6,263
5,614 6,422 6,367 6,061
5,594 5,287 4,991 4,910 4,652
971
5,734 6,263 6,422 6,367 6,061 5,594 5,287
892 646
4,991 4,910 4,652
4,786 5,106 5,228
673
J A S O N D J 18
5,662 5,866 5,705
3 Mo Avg
386
4,786
5,106 542 490
5,228 5,662
650
3 Mo Avg
648
5,866
5,705 608 848
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 73