FL ARCHIVED May 2017 | Page 81

Market Action Report May 2017
Community Information | School District
Market Action Report May 2017

City : Cape Coral

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
$ 280,000
-1%
2 %
Average List Price of all Current Listings
$ 371,543
-0%
1 %
May Median Sales Price
$ 219,900
-3%
0 %
9 %
7 %
$ 219,900
11 %
7 %
May Average Sales Price
$ 260,114
-5%
-3%
10 %
5 %
$ 266,738
10 %
8 %
Total Properties Currently for Sale ( Inventory )
2,325
2 %
7 %
May Number of Properties Sold
525
4 %
-4%
2,319
2 %
May Average Days on Market ( Solds )
78
5 %
-1%
11 %
11 %
79
18 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 162
1 %
2 %
9 %
5 %
$ 159
5 %
3 %
May Sold Price per Square Foot
$ 144
-2%
-1%
9 %
6 %
$ 145
8 %
7 %
May Month ' s Supply of Inventory
4.4
-2%
2 %
12 %
-9%
5.3
-0%
9 %
May Sale Price vs List Price Ratio
94.1 %
-. 2 % -. 3 % -. 5 %
-. 9 %
94.5 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
700
May Property sales were 525 , down 4.2 % from 548 in May of
2016 and 4.2 % higher than the 504 sales last month . May 2017
600
Property sales were Sales at a mid level compared to May of 2016 and 2015 .
700
May
May Property YTD sales sales of were 2,319525 are , down running 4.2 % 2.3 from % ahead 548 in of May last of year ' s
500
2016 year-to-date and 4.2 % sales higher of than 2,267 the . 504 sales last month . May 2017 sales were at a mid level compared to May of 2016 and 2015 .
600
400
May YTD sales of 2,319 are running 2.3 % ahead of last year ' s
500
year-to-date sales of 2,267 .
300
400
200
300
200
100

Cape Agent Coral

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
100
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
Prices
The Median Sales Price in May was $ 219,900 , up 9.3 % from
J
14
J
A S O N D
J
F
MMedian A M J JSales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
3 Mo Avg
Prices
$ 201,118 in May of 2016 and down 2.7 % from $ 225,900 last
The month Median . The Sales Average Price Sales in May Price was $ in 219,900 May was , up $ 260,114 9.3 % from , up 10.4 %
$ from 201,118 $ 235,619 in May of in 2016 May of and 2016 down and 2.7 down % from 5.5 $ % 225,900 from $ last 275,169
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month last month . The . Average May 2017 Sales ASP Price was in at May the was highest $ 260,114 level , up compared 10.4 % to from $ 235,619 in May of 2016 and down 5.5 % from $ 275,169
270
May of 2016 and 2015 . last month . May 2017 ASP was at the highest level compared to
250
250
230
May of 2016 and 2015 .
230
210
210 190
190 170
476 459 457 435
476 459 457 435 451 374 493 355 406 579 569 496 615 572 473 474 444 344 509 351 360 470 538 548 532 478 484 466 415 398 449 338 372 580 504 525
170
150
150
J
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
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
The was Total 2,325 Inventory , up 2.1 % of from Properties 2,277 last available month for and sale up as 7.3 of % May from
3,000 was
2,167 2,325 in , May up 2.1 of % last from year 2,277 . May last 2017 month Inventory and up 7.3 was % at from its highest
3,000
2,500
2,167 level in compared May of last with year May . May of 2017 2016 Inventory and 2015 . was at its highest
2,500 level compared with May of 2016 and 2015 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
2,000
1,500
5.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The May 2017 MSI of 4.4 higher MSI is better for buyers . The May 2017 MSI of 4.4
500
2.0 months was at its highest level compared with May of 2016 and
500 months was at its highest level compared with May of 2016 and
1.0
2015 .
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
2,265 2,122 2,059 1,962 2,129 2,185
451
2,265 2,122 2,059 1,962
2,129 374 493 355 406
2,185 2,239 2,368 2,428 579 569
2,239 2,368 2,428 2,337 2,204
1,988 1,827 1,789
Number of Properties Sold
496 615 572 473 474
2,337 2,204
1,988 1,827 1,789 1,711 1,751
1,711 1,751 1,851 2,009 2,052 444 344 509
2,440 2,393 2,308
1,851 2,286 2,009 2,052
351 360 470 538
2,286 2,440 2,393 2,308 2,167 548 532 478 484
2,063 2,032 1,969 1,992
2,167 2,063 2,032 1,969 1,992 2,049 2,176 2,181
466 415 398
3 Mo Avg
449
2,367 2,049 2,399 2,376 2,277 2,325 338 372
2,176
2,181 2,367 2,399 2,376
3 Mo Avg
580 504
2,277 2,325
525
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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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