FL ARCHIVED November 2017 | Page 75

Market Action Report November 2017
Phone Community Information | School District

County : Lee

Price Range : All | Properties : SFH - Con

Lee County

Agent Name
Market Action Report November 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
$ 299,999
0 %
-3%
Average List Price of all Current Listings
$ 476,565
2 %
-1%
November Median Sales Price
$ 225,000
0 %
-1%
5 %
5 %
$ 228,000
7 %
6 %
November Average Sales Price
$ 301,629
1 %
2 %
2 %
2 %
$ 309,689
6 %
5 %
Total Properties Currently for Sale ( Inventory )
8,306
10 %
-1%
November Number of Properties Sold
1,128
-6%
-14%
16,031
-1%
November Average Days on Market ( Solds )
87
4 %
1 %
6 %
12 %
85
12 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 207
7 %
9 %
4 %
14 %
$ 184
2 %
1 %
November Sold Price per Square Foot
$ 158
-2%
-1%
0 %
0 %
$ 166
6 %
5 %
November Month ' s Supply of Inventory
7.4
16 %
5 %
15 %
30 %
6.0
6 %
5 %
November Sale Price vs List Price Ratio
94.1 %
-. 1 %
. 1 %
-. 5 %
-. 2 %
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 November Property sales were 1,128 , down 13.9 % from 1,310 in
November of 2016 and 5.5 % lower than the 1,194 sales last Property month . November Sales 2017 sales were at their lowest level 2,500
2,000
November compared Property to November sales were of 2016 1,128 and , down 201513.9 . November % from 1,310 YTD in sales November of 16,031 of are 2016 running and 5.5 0.7 % lower behind than last the year 1,194 ' s year-to-date sales last sales month . November 2017 sales were at their lowest level
2,0001,500 of 16,144 . compared to November of 2016 and 2015 . November YTD sales
of 16,031 are running 0.7 % behind last year ' s year-to-date sales 1,5001,000 of 16,144 .
1,000
500
1,664 1,211
Title
Website Other
1,430 1,948 2,040 1,869 1,908
Number of Properties Sold
1,664 1,211 1,430 1,948 2,040 1,869 1,908 1,721 1,466 1,496 1,442 1,158 1,561 1,146 1,172 1,630 1,813 1,798 1,660 1,442 1,507 1,372 1,294 1,310 1,466 1,189 1,226 1,959 1,734 1,897 1,750 1,452 1,537 965 1,194 1,128
7,838 8,397 8,383 8,066 7,626 7,087 6,680 6,391 6,200
1,721 1,466 1,496
6,680 6,391 6,200 6,263 6,677 8,208 7,151
7,288
6,263 6,677 7,151 7,288
1,442
Number of Properties Sold
500 0
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
0 14 15 16
17 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in November was $ 225,000 , up 4.7 % 350
Prices from $ 215,000 in November of 2016 and equal to $ 225,000 last Median Sales Price and Average Sales Price
330
3 Mo Avg
The month Median . The Sales Average Price Sales in November Price in was November $ 225,000 was , up $ 301,629 4.7 % , up 350 from 2.4 % $ 215,000 from $ 294,487 in November in November of 2016 and of 2016 equal and to $ up 225,000 1.1 % from last 310
330 month $ 298,384 . The last Average month Sales . November Price in November 2017 ASP was $ 301,629 at the highest , up 290 2.4 % from $ 294,487 in of 2016 and up 1.1 % from
310 level compared to November of 2016 and 2015 .
270
$ 298,384 last month . November 2017 ASP was at the highest 290 250 level compared to November of 2016 and 2015 . 270
230 250
210 230
190 210
170 190
150
170 150
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 14 15
16
17
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 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 8,306 of Properties , up 9.5 % available from 7,582 for last sale month as of and down
12,000 9.0
November 0.9 % from was 8,385 8,306 in , November up 9.5 % from of 7,582 last year last . month November and down 2017 12,000
9.0 8.0 10,000
0.9 Inventory % from 8,385 was at in a November mid level of compared last year . with November November 2017 of 2016
8.0 7.0
10,000 Inventory and 2015 was . at a mid level compared with November of 2016 8,000
7.0 6.0 and 2015 . 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 November 2017 MSI of 7.4 2.0
2,000 higher MSI is better for buyers . The November 2017 MSI of 7.4
2.0 months was at its highest level compared with November of 2,000
1.0 months was at its highest level compared with November of 1.0
2016 and 2015 . 0
0.0
2016 and 2015 . 0
0.0 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 J J A S O N 14 15
16 17
14 15 16
17
7,838 8,397 8,383 8,066 7,626 7,087
1,158 1,561 1,146 1,172
8,850 8,872 8,572 8,166
1,630 1,813 1,798 1,660 1,442 1,507
8,208 8,850 8,872 8,572 8,166 7,816 7,532 7,365 7,520
7,816 7,532 7,365 7,520 7,939 8,385 8,532 1,372 1,294 1,310 1,466
7,939 9,388
8,385 9,695 9,454
8,892
1,189 1,226 1,959 1,734
3 Mo Avg
1,897 1,750
8,532 9,388 9,695 9,454 8,892 8,383 7,958 7,576
8,383 7,958 7,576 7,313 7,135 7,582
8,306 1,452 1,537
7,313 7,135
3 Mo Avg
965 1,194
7,582 8,306
1,128
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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