FL ARCHIVED May 2017 | Page 83

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

City : Fort Myers

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
$ 283,000
-1%
1 %
Average List Price of all Current Listings
$ 379,601
-2%
-4%
May Median Sales Price
$ 225,000
-2%
0 %
2 %
4 %
$ 225,000
7 %
4 %
May Average Sales Price
$ 265,735
-0%
1 %
2 %
4 %
$ 263,397
4 %
3 %
Total Properties Currently for Sale ( Inventory )
2,779
-1%
14 %
May Number of Properties Sold
536
5 %
-0%
2,367
4 %
May Average Days on Market ( Solds )
81
5 %
0 %
7 %
8 %
82
15 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 159
0 %
0 %
6 %
2 %
$ 160
3 %
3 %
May Sold Price per Square Foot
$ 145
-1%
0 %
3 %
6 %
$ 144
6 %
5 %
May Month ' s Supply of Inventory
5.2
-6%
-1%
14 %
-11%
6.4
9 %
10 %
May Sale Price vs List Price Ratio
93.2 %
-. 4 % -. 2 %
. 1 %
-. 5 %
93.4 %
-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 536 , down 0.2 % from 537 in May of
2016 and 5.1 % higher than the 510 sales last month . May 2017
600
Property sales were Sales at their lowest level compared to May of 2016 and
700
May
2015 Property . May YTD sales sales were of 536 2,367 , down are 0.2 running % from 4.4 537 % in ahead May of of last
500
2016 year and ' s year-to-date 5.1 % higher sales than of the 2,267 510 sales . last month . May 2017 sales were at their lowest level compared to May of 2016 and
600
400
2015 . May YTD sales of 2,367 are running 4.4 % ahead of last
500
year ' s year-to-date sales of 2,267 .
300
400
200
300
200
100

Fort Agent Myers

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 $ 225,000 , up 2.3 % 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
$ 220,000 in May of 2016 and down 2.2 % from $ 230,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 225,000 May was , up $ 265,735 2.3 % from , up 2.4 %
$ from 220,000 $ 259,515 in May in of May 2016 of and 2016 down and 2.2 down % from 0.3 % $ 230,000 from $ 266,535 last
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 $ 265,735 level , up compared 2.4 % to from $ 259,515 in May of 2016 and down 0.3 % from $ 266,535
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
514 444 449 399 465
514 444 449 399 465 410 492 400 487 594 640 587 597 514 462 462 445 377 455 335 353 514 528 537 475 437 432 377 360 385 428 373 359 589 510 536
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 2,779 Inventory , down 0.9 of % Properties from 2,803 available last month for sale and as of up May 14.2 % 3,500
10.0 was from 2,779 2,433 , down in May 0.9 % of from last 2,803 year . last May month 2017 Inventory and up 14.2 was % at its 3,5003,000 10.0
8.0 from highest 2,433 level in May compared of last year with . May of 2017 2016 Inventory and 2015 was . at its 3,000 2,500
8.0 highest level compared with May of 2016 and 2015 .
2,500 2,000
6.0
2,000 6.0
1,500 4.0
A comparatively lower MSI is more beneficial for sellers while 1,500 a 1,000 4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 5.2 a 1,000 2.0 higher months MSI was is better at its highest for buyers level . The compared May 2017 with MSI May of 5.2 of 2016 and 500
2.0 months was at its highest level compared with May of 2016 and 500
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
2,143 2,064 2,030 2,087 2,203
2,143 2,064 2,030 2,087 2,203 2,248 2,273 410 492 400 487 594 640
2,494 2,512 2,445 2,304 2,132 2,025 1,902
Number of Properties Sold
587
2,248
2,273 2,494 2,512 2,445 2,304 2,132
597 514 462 462
1,842 1,823 1,937 2,095 2,082
445 377
2,025 1,902 1,842 1,823 1,937 2,095 2,082 455 335 353
2,432 2,649 2,711 2,556 2,433 2,344 514 528 537 475 437
2,258 2,229 2,279 2,418 2,524 2,581
432
2,432 2,649 2,711 2,556 2,433 2,344 2,258 2,229 2,279
377 360
2,885 3,063 2,990
385
2,418 2,524 2,581
3 Mo Avg
428
2,803 2,779
373
2,885 3,063 2,990
359
3 Mo Avg
589
2,803
2,779 510 536
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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