FL ARCHIVED May 2017 | Page 77

Market Action Report May 2017
Phone Community Information | School District

County : Lee

Price Range : All | Properties : SFH - Con

Lee County

Agent Name
Market Action Report May 2017

Phone Community Information | School District

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
$ 306,915
-1%
-1%
Average List Price of all Current Listings
$ 475,683
-2%
-1%
May Median Sales Price
$ 228,900
-2%
0 %
6 %
6 %
$ 230,000
8 %
7 %
May Average Sales Price
$ 327,609
4 %
2 %
11 %
11 %
$ 321,145
6 %
9 %
Total Properties Currently for Sale ( Inventory )
8,719
-2%
7 %
May Number of Properties Sold
1,809
6 %
1 %
7,861
4 %
May Average Days on Market ( Solds )
83
2 %
-2%
9 %
8 %
85
16 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 185
2 %
0 %
7 %
2 %
$ 186
2 %
2 %
May Sold Price per Square Foot
$ 173
1 %
1 %
8 %
10 %
$ 171
8 %
8 %
May Month ' s Supply of Inventory
4.8
-8%
-3%
6 %
-15%
6.1
4 %
8 %
May Sale Price vs List Price Ratio
93.5 %
-. 3 % -. 3 % -. 5 %
-. 8 %
93.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 May Property sales were 1,809 , up 0.7 % from 1,797 in May of
2016 and 6.0 % higher than the 1,707 sales last month . May Property 2017 sales Sales were at a mid level compared to May of 2016 and 2,5002,000
May 2015 Property . May YTD sales sales were of 1,809 7,861 , up are 0.7 running % from 1,797 4.2 % in ahead May of last 2016 year and ' s year-to-date 6.0 % higher sales than of the 7,546 1,707 . sales last month . May 2017 sales were at a mid level compared to May of 2016 and 2,0001,500 2015 . May YTD sales of 7,861 are running 4.2 % ahead of last year ' s year-to-date sales of 7,546 .
1,5001,000
Title
Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
500
1,665 1,438 1,448 1,346 1,462
500 0
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
0 14 15
16
17 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in May was $ 228,900 , up 6.5 % from
350
Prices $ 215,000 in May of 2016 and down 2.2 % from $ 234,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in May Price was $ in 228,900 May was , up $ 327,609 6.5 % from , up 11.4 %
330
350 $ from 215,000 $ 294,139 in May in of May 2016 of and 2016 down and 2.2 up % 4.1 from % from $ 234,000 $ 314,848 last last 310
. The Average Sales Price in May was $ 327,609 , up 11.4 %
330
month . May 2017 ASP was at the highest level compared to May 290 from $ 294,139 in May of 2016 and up 4.1 % from $ 314,848 last 310 of 2016 and 2015 .
270 month . May 2017 ASP was at the highest level compared to May 290 250 of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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
14 A S O N D J 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 A
17 M
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of May Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 8,719 Inventory , down 2.1 of % Properties from 8,908 available last month for sale and as up of May 7.1 % from 12,000
9.0 was 8,140 8,719 in , May down of 2.1 last % from year . 8,908 May 2017 last month Inventory and up was 7.1 at % its from highest 12,000
9.0 8.0 10,000
8,140 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its highest
8.0 7.0 10,000 level compared with May of 2016 and 2015 . 8,000
7.0 6.0
8,000
6.0 5.0 6,000
5.0 6,000
4.0
A comparatively lower MSI is more beneficial for sellers while a 4,000
4.0 3.0
A comparatively lower MSI is more beneficial for sellers while a 4,000 3.0 higher MSI is better for buyers . The May 2017 MSI of 4.8 2.0 higher MSI is better for buyers . The May 2017 MSI of 4.8 2,000
2.0 months was at its highest level compared with May of 2016 and 2,000
1.0 months was at its highest level compared with May of 2016 and
1.0 2015 .
0 0.0
2015 . 0
0.0 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 A M 14
15 16
17 14
15 16
17
1,249 1,660 1,210 1,429 1,947 2,039 1,868
1,665 1,438 1,448 1,346 1,462 1,249 1,660 1,210 1,429 1,947 2,039 1,868 1,905 1,721 1,465 1,493 1,440 1,155 1,559 1,144 1,170 1,623 1,812 1,797 1,656 1,440 1,503 1,367 1,290 1,307 1,462 1,178 1,223 1,944 1,707 1,809
7,830 7,524 7,309 7,267 7,626 7,737 7,812 8,366 8,351 8,030 7,590 7,051
7,830 7,524 7,309 7,267 7,626 7,737 7,812 8,366 8,351 8,030 7,590 7,051 6,648 6,362 6,170 1,905 1,721 1,465 1,493
6,648 6,362 6,170 6,235
6,649 8,182 7,123 7,263
6,235 6,649 7,123 7,263
1,440 1,155 1,559 1,144
8,824 8,844 8,541 8,140 1,170 1,623 1,812 1,797 1,656 1,440 1,503
8,182 8,824 8,844 8,541 8,140 7,784 7,496 7,327 7,475
7,784 7,496 7,327 7,475 7,887 8,323 8,472
1,367 1,290 1,307 1,462
9,323 9,627 9,381 8,908 8,719
7,887 8,323
1,178 1,223
8,472 9,323 9,627 9,381
1,944 1,707
8,908 8,719
1,809
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