FL ARCHIVED March 2018 | Page 152

Market Action Report March 2018
Bonita Springs Agent / Bonita Name Beach Title Phone Community Information | School District Website Other
Market Action Report March 2018

City : Bonita Springs Price Range : All | Properties : SFH - Con

Bonita Springs Agent / Bonita Name Beach Title Phone Community Information | School District Website Other

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
$ 419,500
-2%
1 %
Average List Price of all Current Listings
$ 701,520
-1%
7 %
March Median Sales Price
$ 350,000
18 %
6 %
-10%
8 %
$ 321,225
-6%
-1%
March Average Sales Price
$ 516,816
-12%
0 %
-18%
6 %
$ 520,838
-5%
7 %
Total Properties Currently for Sale ( Inventory )
1,037
0 %
-4%
March Number of Properties Sold
165
36 %
-13%
384
-8%
March Average Days on Market ( Solds )
110
-7%
-2%
15 %
10 %
109
10 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 248
-10% -5%
-3%
-1%
$ 264
3 %
6 %
March Sold Price per Square Foot
$ 248
-4%
1 %
-8%
8 %
$ 245
1 %
7 %
March Month ' s Supply of Inventory
6.3 -27% -25% 10 %
-20%
8.3
-2%
6 %
March Sale Price vs List Price Ratio
92.1 % -1.2% -. 5 % -1.5% -. 6 %
92.4 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
300
March Property sales were 165 , down 13.2 % from 190 in March
of 2017 and 36.4 % higher than the 121 sales last month . March
Property
2018 sales Sales were at their lowest level compared to March of 2017
300
250
March and 2016 Property . March sales YTD were sales 165 , of down 38413.2 are % running from 190 8.1 in % March behind last of year 2017 ' s and year-to-date 36.4 % higher sales than of 418 the . 121 sales last month . March
250
2018 sales were at their lowest level compared to March of 2017
200
and 2016 . March YTD sales of 384 are running 8.1 % behind last year ' s year-to-date sales of 418 .
200
150
150
100
100
50
257 229 175 147
Number of Properties Sold
50 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 $ 350,000 , down 9.9 %
700
Prices from $ 388,500 in March of 2017 and up 18.2 % from $ 296,000 Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month Sales . The Price Average in March Sales was Price $ 350,000 in March , down was $ 9.9 516,816 % , 650
700 from down $ 388,500 17.8 % from in March $ 628,664 of 2017 in March and up of 18.2 2017 % from and $ down 296,000 11.8 % 600 last month . The Average Sales Price in March was $ 516,816 , 650
from $ 585,877 last month . March 2018 ASP was at a mid range 550 down compared 17.8 % to from March $ 628,664 of 2017 in and March 2016 of 2017 . and down 11.8 % 600
500 from $ 585,877 last month . March 2018 ASP was at a mid range 550 compared to March of 2017 and 2016 .
450 500
400
450 400
350
350 300
300 250
250 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 1,037 Inventory , equal to of 1,037 Properties last month available and for down sale 4.2 as of % from March 1,083 1,200
12.0 was in March 1,037 , equal of last to year 1,037 . March last month 2018 and Inventory down 4.2 was % from at a mid 1,083 level 1,200 12.0
1,000 10.0 in compared March of last with year March . March of 2017 2018 and Inventory 2016 . was at a mid level 1,000 10.0 compared with March of 2017 and 2016 . 800
8.0
800 8.0
600 6.0
600 6.0
A comparatively lower MSI is more beneficial for sellers while a 400 4.0
A comparatively lower MSI is more beneficial for sellers while a 400
4.0 higher MSI is better for buyers . The March 2018 MSI of 6.3 higher months MSI was is better at its highest for buyers level . The compared March 2018 with MSI March of 6.3
200 2.0 of 2017 200
2.0 months and 2016 was . at its highest level compared with March of 2017
, Flagler County Association 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 and 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
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 15
16 17
18 15
16 17
18
124 139 142
257 229 175 147 124 139 142 112 159 116 112 165 214 184 185 121 135 142 98 135 155 96 132 190 176 188 172 111 111 75 85 103 114 98 121 165
817 808 749 710 704 757
817 808 749 710 704 757 783 822 848
112 159 116 112
977 1,055 1,034 1,058 1,011 964
783 822 848
Number of Properties Sold
165 214 184 185
922 878 918
121 135
964 964 989
142
977 1,055 1,034 1,058 1,011 964 922 878 918 964 98 135 155 96 132 190 176
964 989 1,087 1,119 1,083 1,024 932
1,087 1,119 1,083 1,024 932 876 841 819
188 172 111
819 844 888 927
111
876 841 819 819
75
993 1,037 1,037
3 Mo Avg
85
844 888 927 103 114 98
993 1,037 1,037
3 Mo Avg
121
165
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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