FL ARCHIVED May 2017 | Page 79

Market Action Report May 2017 Bonita Springs/Bonita Beach City: Bonita Springs Agent Name Market Action Report City: Bonita Springs Title Phone Agent Name Website Title Other May 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 $419,950 0% 1% Other $673,866 Trending -0% versus*: -2% Month LM 6% L3M -2% PYM 14% LY $330,750 $419,950 0% 16% 6% 1% 27% $554,039 $673,866 902 -0% -10% -2% -11% $330,750 182 6% 3% -2% 14% -1% 2% $554,039 16% 6% 27% 14% 95 2% -2% 17% 902 -10% -11% $249 1% -2% 12% 182 3% -1% $254 14% 5% 25% 95 2% -2% 17% 7% 5.0 -13% -9% -10% $249 1% -2% 12% 1% 92.5% 1.0% -.1% -.9% Average List Price of all Current Listings Market Profile & Trends May Median Sales Price Overview Median List Price of all Current Listings May Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) May Sales Price May Median Number of Properties Sold May Average Sales Price May Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) May Number of Properties Sold May Sold Price per Square Foot May Average Days on Market (Solds) May Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) May Sale Price vs List Price Ratio May Sold Price per Square Foot Trending versus*: Prior YTD -2% Prior Year 2% 2% YTD $333,000 14% $534,485 7% 10% $333,000 7% $534,485 -2% 775 7% 96 1% $255 775 -2% 15% $241 96 19% -29% 7.2 $255 3% -1.0% 92.8% May 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 -2% 2% 19% 10% 3% 9% 8% 4% 4% -1% 8% 4% 9% 3% -1% $254 14% 5% 25% 15% $241 9% 9% 5.0 -13% -9% -10% -29% 7.2 4% 3% Number of 92.8% Properties 92.5% 1.0% -.1% -.9% -1.0% -1% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date May Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg 300 May Property sales were 182, down 1.1% from 184 in May of 2016 and 3.4% higher than the 176 sales last month. May 2017 250 Property sales were Sales at their lowest level compared to May of 2016 and 300 May Property sales were 182, down 1.1% from 184 in May of 2015. May YTD sales of 775 are running 2.0% behind last year's 200 2016 and 3.4% sales higher year-to-date of than 791. the 176 sales last month. May 2017 250 month. May 2017 ASP was at the highest level compared to May 550 500 of 2016 and 2015. 450 400 350 300 250 200 14 700 650 600 550 500 450 400 350 300 250 200 Inventory & MSI 139 112 Median Sales Price and Average Sales Price 3 Mo Avg 17 3 Mo Avg 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 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 12.0 A comparatively lower MSI is more beneficial for sellers while a 600 16 15 A M J J A S O N D J F M 16 J J 14 A S O N D J F M A M J J A S O N D J F M A 17 M 14 15 16 17 The Total Inventory Inventory & MSI of Properties available for sale as of May 1,200 was Total 902, Inventory down 9.6% from 998 last month The of Properties available for and sale down as of 10.8% May from 1,200 1,011 in May of last year. May 2017 Inventory was at a mid level was 902, down 9.6% from 998 last month and down 10.8% from 1,000 1,011 in May with of last year. May 2017 Inventory was at a mid level 1,000 compared May of 2016 and 2015. 800 compared with May of 2016 and 2015. 800 15 600 400 400 A higher comparatively lower MSI is more The beneficial for sellers while MSI is better for buyers. May 2017 MSI of 5.0 a higher MSI is better for level buyers. The May 2017 MSI of of 2016 5.0 and 2015. 200 200 months was at a mid compared with May months was at a mid level compared with May of 2016 and 2015. 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 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 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 12.0 Prices 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 J J A S O N D J F M A M J J Sales A S O Price N D J and F M Average A M J J Sales A S O Price N D J F M A M Median 0 The Median Sales Price in May was $330,750, up 13.7% from Prices $291,000 in May of 2016 and up 6.4% from $311,000 last The Median Sales Price Sales in May Price was $330,750, 13.7% from month. The Average in May was up $554,039, up 27.3% 700 $291,000 in May in of May 2016 of and up and 6.4% up from $311,000 last from $435,172 2016 16.4% from $475,864 last 650 month. Average Sales was Price was $554,039, up 27.3% month. The May 2017 ASP at in the May highest level compared to May from $435,172 in May of 2016 and up 16.4% from $475,864 last 600 of 2016 and 2015. 0 50 50 100 100 150 3 M