FL ARCHIVED October 2017 | Page 81

Market Action Report October 2017
Community Information | School District
Market Action Report October 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
$ 279,900
1 %
-2%
Average List Price of all Current Listings
$ 371,971
1 %
-2%
October Median Sales Price
$ 225,000
-5%
-2%
0 %
3 %
$ 227,500
6 %
5 %
October Average Sales Price
$ 269,887
2 %
3 %
3 %
5 %
$ 262,979
3 %
3 %
Total Properties Currently for Sale ( Inventory )
2,376
9 %
-2%
October Number of Properties Sold
357
25 %
-1%
4,393
1 %
October Average Days on Market ( Solds )
90
-3%
0 %
23 %
18 %
86
16 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 166
9 %
6 %
3 %
6 %
$ 157
2 %
1 %
October Sold Price per Square Foot
$ 145
2 %
2 %
5 %
6 %
$ 143
5 %
4 %
October Month ' s Supply of Inventory
6.7 -12%
4 %
-1%
14 %
6.1
7 %
5 %
October Sale Price vs List Price Ratio
93.1 %
-. 2 %
. 2 %
-. 9 %
-. 6 %
93.2 %
-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
October Property sales were 357 , down 1.1 % from 361 in October
of 2016 and 24.8 % higher than the 286 sales last month .
600
Property
October 2017 Sales sales were at their lowest level compared to
700
October Property of 2016 sales and 2015 were . 357 October , down YTD 1.1 % from sales 361 of 4,393 in October are
500
of running 2016 and 0.9 24.8 % ahead % higher of last than year the ' 286 s year-to-date sales last month sales . of 4,354 .
October 2017 sales were at their lowest level compared to
600
400
October of 2016 and 2015 . October YTD sales of 4,393 are
500
running 0.9 % ahead of last year ' s year-to-date sales of 4,354 .
300
400
200
300
200
100
Prices
The Median Sales Price in October was $ 225,000 , equal to
Prices
$ 225,000 in October of 2016 and down 4.8 % from $ 236,250
290
The last Median month Sales . The Price Average in October Sales Price was $ in 225,000 October , equal was $ to 269,887 ,
$ up 225,000 3.2 % from in October $ 261,547 of 2016 in October and down of 4.8 2016 % from and up $ 236,250 2.4 % from
290
270
last
$ 263,551 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 269,887 highest , level up 3.2 % from $ 261,547 in October of 2016 and up 2.4 % from
270 compared to October of 2016 and 2015 .
$ 263,551 last month . October 2017 ASP was at the highest level
250
250
230
compared to October of 2016 and 2015 .
230
210

Fort Agent Myers

Name
Title Phone Website Other

Community Information | School District

100 0
0
Number of Properties Sold
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
14
15
16
17
J
F M A M J
15
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
16
17
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
410 492 400 487 594 640 587 597 514 462 462 445 377 455 336 353 515 529 537 476 437 432 378 361 386 430 376 361 595 515 557 483 419 444 286 357
N D 14
210 190
190 170
410 492 400 487 594 640
170 150 150
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
14 J F
15 M 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 J J A S O
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 October Total Inventory was 2,376 of , up Properties 9.4 % from available 2,171 last for sale month as of and down 3,500
10.0
October 2.0 % from was 2,376 2,424 , in up October 9.4 % from of 2,171 last year last . month October and 2017 down 3,5003,000 10.0
8.0
2.0 Inventory % from 2,424 was at in a October mid level of last compared year . October with October 2017 of 2016 and 3,000 2,500
8.0 Inventory 2015 . was at a mid level compared with October of 2016 and
2,500 2015 .
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 October for 2017 sellers MSI while of a 6.7 1,000 2.0 higher months MSI was is better at a mid for level buyers compared . The October with October 2017 MSI of of 2016 6.7 and 500
2.0 months was at a mid level compared with October of 2016 and 500
2015 . 0
0.0 2015 .
0
0.0 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 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 14 15
16 17
14 15 16
17
587
2,248
2,273 2,494 2,512 2,445 2,304 2,132
597
2,248
2,273 2,494 2,512 2,445 2,304 2,132 2,025 1,902 1,843
514 462 462
1,824 1,938 2,096 2,083
Number of Properties Sold
445 377 455
2,025 1,902 1,843 1,824 1,938 2,096 2,083
336 353 515
2,433 2,650 2,713 2,558 2,435 2,345
529 537 476 437 432
2,433 2,650 2,713 2,558 2,435 2,345 2,260 2,233 2,284
2,260 2,233 2,284 2,424 2,531 2,593 378 361 386
2,898 3,074 2,996
2,424 2,531 2,593 430 376 361 595 515
2,776 2,653 2,502 2,361 2,232 2,171
2,376
3 Mo Avg
557 483
3 Mo Avg
2,898 3,074 2,996 2,776 2,653 2,502 2,361 2,232
419
3 Mo Avg
444
2,171
2,376 286 357
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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