FL ARCHIVED November 2017 | Page 83

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 509,000
2 %
-1%
Average List Price of all Current Listings
$ 723,012
-3%
3 %
November Median Sales Price
$ 367,500
-11%
1 %
-18% -14%
$ 425,000
3 %
0 %
November Average Sales Price
$ 407,132
-29% -16% -26% -24%
$ 536,758
3 %
0 %
Total Properties Currently for Sale ( Inventory )
301
14 %
1 %
November Number of Properties Sold
22 -12%
-19%
387
9 %
November Average Days on Market ( Solds )
115
26 %
-1%
-16%
-2%
112
-3%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 426
-6%
-3%
-4%
-1%
$ 444
1 %
3 %
November Sold Price per Square Foot
$ 332
-29% -18%
-9%
-18%
$ 407
4 %
1 %
November Month ' s Supply of Inventory
13.7
30 %
15 %
24 %
45 %
9.5
-2%
1 %
November Sale Price vs List Price Ratio
91.1 % -2.3% -. 6 % -2.6% -1.6%
92.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales November Property sales were 22 , down 18.5 % from 27 in
November of 2016 and 12.0 % lower than the 25 sales last month . Property November Sales 2017 sales were at their lowest level compared to 70
November Property of 2016 sales and were 2015 . 22 November , down 18.5 YTD % from sales 27 of in 387 are November running 9.3 of 2016 % ahead and of 12.0 last % year lower ' s than year-to-date the 25 sales sales last of month 354 . . 60
November 2017 sales were at their lowest level compared to November of 2016 and 2015 . November YTD sales of 387 are 50 running 9.3 % ahead of last year ' s year-to-date sales of 354 .
40

Fort Myers Agent Name Beach Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
50 33 32 52 63 52 40 35 37 28 34 30 30 41 27 26 48 44 40 25 23 24 29 27 45 26 28 66 47 61 32 29 30 21 25 22
294
313 50 33
298 295
32
278 52 63
272
256 52 40
247 231
35
216
246 37 28 34
278 293
231 269 216
246
30
Number of Properties Sold
10
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 $ 367,500 , down 18.3 %
800
Prices from $ 450,000 in November of 2016 and down 11.4 % from
Median Sales Price and Average Sales Price
750
3 Mo Avg
The
$ 415,000 Median last Sales month Price . in The November Average was Sales $ 367,500 Price in , down November 18.3 % was
800 from
$ 407,132 $ 450,000 , down in November 25.5 % from of $ 2016 546,519 and in down November 11.4 % from of 2016 and
700
750
$ down 415,000 29.0 last % month from $ . 573,752 The Average last month Sales Price . November in November 2017 was ASP
650 $ 407,132 , down 25.5 % from $ 546,519 in of
700 was at the lowest level compared to November of 2016 and 2015 .
600 down 29.0 % from $ 573,752 last month . November 2017 ASP
650
550 was at the lowest level compared to November of 2016 and 2015 .
600
500
550
450
500
400
450
350
400
300
350
300
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
The
November Total Inventory was 301 of , up Properties 14.0 % from available 264 last for sale month as of and up 0.7 %
November from 299 was in November 301 , up 14.0 of % last from year 264 . November last month 2017 and up Inventory 0.7 %
400 from was 299 at its in highest November level of compared last year . November with November 2017 Inventory of 2016 and
350
400
350
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
14.0
16.0
14.0
12.0
was
2015 at . its highest level compared with November of 2016 and 2015 .
300
250
250
200
12.0
10.0
10.0
8.0
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 November for sellers 2017 while MSI a of 13.7
100 higher months MSI was is better at its highest for buyers level . The compared November with 2017 November MSI of 13.7 of months was at its highest level compared with November of
50
2016 and 2015 .
2016 and 2015 .
0
150
8.0
100
6.0
4.0
50
2.0
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 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
6.0
4.0
2.0
0.0
294 313 298 295 278 272 256 247
269 30
326 332
278 41
293 317
27
326 332
26
306 284
317 48
306
272 264
44 284
264 40 25
272 264
276 299
23
303 264 24 29
276 343
299 345
27 303
45 343
333 308
26 345
312 285
28 333
66
308
273 248
47
312 61
3 Mo Avg
32
242 285
264
273 301 248
29 242
30 264
3 Mo Avg
21
301 25 22
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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