FL ARCHIVED May 2017 | Page 85

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

City : Fort Myers Beach

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
$ 499,000
-0%
-0%
Average List Price of all Current Listings
$ 690,198
-4%
2 %
May Median Sales Price
$ 425,000
1 %
-2%
-8%
0 %
$ 440,000
13 %
4 %
May Average Sales Price
$ 514,930
5 %
-6%
-2%
-4%
$ 569,696
11 %
6 %
Total Properties Currently for Sale ( Inventory )
317
3 %
4 %
May Number of Properties Sold
57
21 %
30 %
224
22 %
May Average Days on Market ( Solds )
97 -28% -15% -13% -17%
114
13 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 435
8 %
-1%
2 %
1 %
$ 429
-2%
-1%
May Sold Price per Square Foot
$ 363
-12% -7%
-8%
-10%
$ 411
4 %
2 %
May Month ' s Supply of Inventory
5.6 -15% -2% -20% -41%
8.5
-8%
-10%
May Sale Price vs List Price Ratio
91.7 % -2.3% -1.7% . 0 %
-1.0%
93.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales May Property sales were 57 , up 29.5 % from 44 in May of 2016
and 21.3 % higher than the 47 sales last month . May 2017 sales Property were at their Sales highest level compared to May of 2016 and 2015 . 70
May May Property YTD sales sales of were 224 are 57 , up running 29.5 % 21.7 from % 44 ahead in May of last of 2016 year ' s and year-to-date 21.3 % higher sales than of the 18447 . sales last month . May 2017 sales 60 were at their highest level compared to May of 2016 and 2015 . May YTD sales of 224 are running 21.7 % ahead of last year ' s 50 year-to-date sales of 184 .
40
Prices The Median Sales Price in May was $ 425,000 , down 7.6 % from
Prices $ 460,000 in May of 2016 and up 1.2 % from $ 420,000 last The month Median . The Sales Average Price Sales in May Price was $ in 425,000 May was , down $ 514,930 7.6 % , from down $ 2.5 460,000 % from in $ May 528,037 of 2016 in May and up of 2016 1.2 % from and up $ 420,000 4.6 % from last month $ 492,487 . The last Average month Sales . May Price 2017 in May ASP was $ at 514,930 a mid , range down 2.5 compared % from $ to 528,037 May of in 2016 May of and 2016 2015 and . up 4.6 % from $ 492,487 last month . May 2017 ASP was at a mid range compared to May of 2016 and 2015 .
30 20 10 0
800 750 700 650 600 550 500 450 400 350 300
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of May The was Total 317 , Inventory up 2.9 % from of Properties 308 last available month and for up sale 4.3 as % of from May 304 in was May 317 of , up last 2.9 year % from . May 308 2017 last Inventory month and was up at 4.3 its % highest from 304 level in 400 May compared of last year with . May 2017 of 2016 Inventory and 2015 was . at its highest level 350 compared with May of 2016 and 2015 .
300 250
200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 5.6 a
higher MSI is better for buyers . The May 2017 MSI of 5.6
100 months was at a mid level compared with May of 2016 and 2015 . months was at a mid level compared with May of 2016 and 2015 . 50
0

Fort Myers Agent Name Beach Title Phone Website Other

Community Information | School District

70 60 50 40 30 20 10
Number of Properties Sold
54 29 30 37 31 37 50 33 32 52 63 52 40 35 37 28 34 30 30 40 27 25 48 44 40 25 23 24 29 27 45 26 28 66 47 57
J 14
311
J 14
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
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
299 54
291 29
281 30 37 31 37 50 33 32
306 291
315 281
294 306
313 315
298 294 295 313
278 298
52
272 255
63 246
52 230
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
15 15
Number of Properties Sold
40
215 35 37 28 34
246
244 230 267
215 276
244 292
267 325
276 330
315 292
J A S O N D J F M A M J F M A M J 16
J A S O N D J
16
30 30 40 27 25 48 44 40 25 23
304 325
282 330
270 315
262 304
262 282 274
270 297 262 301 262
341
274 342 297 329 301
308 341
317 342
J A S O N D J F M A M
17
J A S O N D J
17
24 29 27
3 Mo Avg
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
14
15
16
17
J
14
J
A S O N D
J
F
MMedian A M J
J Sales 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
800
750
Median Sales Price and Average Sales Price
3 Mo Avg
700
650
600
550
500
450
400
350
300
400 350 300 250 200 150 100 50 0
311 299
295 278 272 255
45 26 28
16.0 14.0
329
12.0
308
3 Mo Avg
66
317
10.0 8.0 6.0 4.0 2.0 0.0
F M A M
47 57
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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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