FL ARCHIVED November 2017 | Page 77

Market Action Report November 2017
Bonita Springs Agent / Bonita Name Beach Title Phone Community Information | School District Website Other
Market Action Report November 2017

City : Bonita Springs

Price Range : All | Properties : SFH - Con

Bonita Springs Agent / Bonita Name Beach Title Phone Community Information | School District Website Other

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
$ 425,000
1 %
0 %
Average List Price of all Current Listings
$ 679,358
1 %
-2%
November Median Sales Price
$ 360,500
14 %
8 %
4 %
11 %
$ 320,000
-2%
-2%
November Average Sales Price
$ 464,477
11 %
4 %
-14%
-4%
$ 490,693
3 %
1 %
Total Properties Currently for Sale ( Inventory )
853
4 %
-12%
November Number of Properties Sold
100
18 %
-26%
1,435
-11%
November Average Days on Market ( Solds )
112
15 %
3 %
33 %
26 %
99
14 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 263
9 %
6 %
8 %
7 %
$ 250
2 %
2 %
November Sold Price per Square Foot
$ 215
-5%
-1%
-9%
-3%
$ 230
5 %
4 %
November Month ' s Supply of Inventory
8.5 -11% -11% 19 %
22 %
7.7
10 %
10 %
November Sale Price vs List Price Ratio
92.8 %
-. 2 %
. 1 % -2.3% -. 7 %
92.7 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
November Property sales were 100 , down 25.9 % from 135 in
November of 2016 and 17.6 % higher than the 85 sales last
Property month . November Sales 2017 sales were at their lowest level
300
250
November compared Property to November sales were of 2016 100 , and down 2015 25.9 . % November from 135 YTD in sales
November of 1,435 are of 2016 running and 10.7 17.6 % higher behind than last the year 85 ' s sales year-to-date last sales
250 month of 1,607 . November . 2017 sales were at their lowest level compared to November of 2016 and 2015 . November YTD sales
200 of 1,435 are running 10.7 % behind last year ' s year-to-date sales
200
150
of 1,607 .
150
100
100
50
192 124 155 202 257 229
Number of Properties Sold
50 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 $ 360,500 , up 4.5 % 700
Prices from $ 345,000 in November of 2016 and up 13.5 % from Median Sales Price and Average Sales Price
650
3 Mo Avg
The $ 317,500 Median last Sales month Price . in The November Average was Sales $ 360,500 Price in , up November 4.5 % was 700 from $ 464,477 $ 345,000 , down in November 13.7 % from of $ 2016 538,102 and in up November 13.5 % from of 2016 and 600
650 $ up 317,500 11.0 % last from month $ 418,372 . The Average last month Sales . November Price in November 2017 ASP was was at 550 $ 464,477 , down 13.7 % from $ 538,102 in November of 2016 and
600
the lowest level compared to November of 2016 and 2015 . 500 up 11.0 % from $ 418,372 last month . November 2017 ASP was at 550
450 the lowest level compared to November of 2016 and 2015 . 500 400
450 350
400 300
350 250
300
200 250 200
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 853 of , up Properties 4.2 % from available 819 last for month sale as of and down
1,200 12.0
November 11.5 % from was 964 853 in , up November 4.2 % from of 819 last last year month . November and down 2017 1,200 12.0
1,000 10.0
11.5 Inventory % from 964 was in at November a mid level of compared last year . November with November 2017 of 20161,000 10.0
Inventory and 2015 was . at a mid level compared with November of 2016 800 8.0 and 2015 . 800
8.0 600
6.0
600 6.0
A comparatively lower MSI is more beneficial for sellers while a 400 4.0
A comparatively lower MSI is more beneficial for sellers while a 400 4.0 higher MSI is better for buyers . The November 2017 MSI of 8.5 200
2.0 higher months MSI was is better at its highest for buyers level . The compared November with 2017 November MSI of 8.5 of 200
2.0 months 2016 and was 2015 at its . highest level compared with November of
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
175 147
192 124 155 202 257 229 175 147 124 139 142 112 159 116 112 165 214 184 185 121 135 142 98 135 155 96 132 190 176 188 172 111 110 75 85 100
840 884 869 839 817 808 749
840 884 869 839 817 808 749 710 704 757
124 139
710 704 757
783 822 848
142
Number of Properties Sold
112 159 116 112 165
977 1,055 1,033 1,057 1,010 963
783 822 848
214 184 185 121 135
921 876 916 963 964 989
142
977 1,055 1,033 1,057 1,010 963 921 876 916 963 98 135 155 96 132 190
1,084 1,114 1,078 1,016 922 865 828 802 176 188
964 989 1,084 1,114 1,078 1,016 922 865
798 819 853
3 Mo Avg
172 111 110 75
828 802 798 819 853
3 Mo Avg
85
100
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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