Market Action Report October 2017
Community Information | School District
Market Action Report October 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 |
$ 497,400 |
2 % |
|
-2% |
|
|
|
|
Average List Price of all Current Listings |
$ 714,164 |
-0% |
|
-2% |
|
|
|
|
October Median Sales Price |
$ 440,500 |
36 % |
12 % |
2 % |
4 % |
$ 430,000 |
5 % |
1 % |
October Average Sales Price |
$ 583,950 |
29 % |
14 % |
-1% |
9 % |
$ 545,163 |
6 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
268 |
12 % |
|
-3% |
|
|
|
|
October Number of Properties Sold |
24 |
14 % |
|
-17% |
|
364 |
11 % |
|
October Average Days on Market ( Solds ) |
91 -26% -20% -27% -22% |
112 |
-2% |
-4% |
Asking Price per Square Foot ( based on New Listings ) |
$ 446 |
7 % |
-5% |
-2% |
3 % |
$ 446 |
2 % |
3 % |
October Sold Price per Square Foot |
$ 476 |
14 % |
12 % |
9 % |
18 % |
$ 412 |
5 % |
2 % |
October Month ' s Supply of Inventory |
11.2 |
-2% |
9 % |
17 % |
18 % |
9.1 |
-5% |
-3% |
October Sale Price vs List Price Ratio |
93.5 % |
-. 6 % 1.8 % 2.5 % 1.0 % |
92.8 % |
0 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales October Property sales were 24 , down 17.2 % from 29 in October
of 2016 and 14.3 % higher than the 21 sales last month . October Property 2017 sales Sales were at their lowest level compared to October of 70
October 2016 and Property 2015 . sales October were YTD 24 , down sales 17.2 of 364 % from are running 29 October 11.3 % of ahead 2016 and of last 14.3 year % higher ' s year-to-date than the 21 sales sales of last 327 month . . October 60 2017 sales were at their lowest level compared to October of 2016 and 2015 . October YTD sales of 364 are running 11.3 % 50 ahead of last year ' s year-to-date sales of 327 . 40 30 20
Number of Properties Sold
10 |
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 |
0 |
|
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
|
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in October was $ 440,500 , up 2.4 % from
800
Prices
$ 430,000 in October of 2016 and up 35.5 % from $ 325,000 last
Median Sales Price and Average Sales Price
The month Median . The Sales Average Price Sales in October Price was in October $ 440,500 was , up $ 583,950 2.4 % from , down
750
800
$
1.1 430,000 % from in $ October 590,324 of in 2016 October and up of 2016 35.5 % and from up $ 28.7 325,000 % from last
700 month . The Average Sales Price in October $ 583,950 , down
750
$ 453,883 last month . October 2017 ASP was at a mid range
650
1.1 % from $ 590,324 in October of 2016 and up 28.7 % from
700 compared to October of 2016 and 2015 .
600
$ 453,883 last month . October 2017 ASP was at a mid range
650
550 compared to October of 2016 and 2015 .
600
500
550
450
500
400
450
350
400
350
300
|
J
A S O
3 Mo Avg
|
3 Mo Avg |
300 |
|
|
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The October Total Inventory was 268 , up of Properties 11.7 % from available 240 last for month sale as and of down 2.9 % October from 276 was in 268 October , up 11.7 of % last from year 240 . October last month 2017 and Inventory down 2.9 % was at 400 from a mid 276 level in October compared of last with year October . October of 2016 2017 and Inventory 2015 . was at 350 a mid level compared with October 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 October for 2017 sellers MSI while of a 11.2
higher MSI is better for buyers . The October 2017 MSI of 11.2
100 months was at its highest level compared with October of 2016 months was at its highest level compared with October of 2016 50 and 2015 . and 2015 .
0
Fort Myers Agent Name Beach Title Phone Website Other
Community Information | School District
70 60 50 40 30 20 10
37 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 24
N 14
400 350 300 250
315
200 150 100 50 0
N
14
37 50
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 |
|
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
294
313 315
298 294 33 313 295
32 298 278
52 295 272
63 278 255
52 272 246
40 255 230
N D J F M A M J
D J F M A J 14 15 15
35 246
215
37 28
245 230 268 215
34
J A S O N D J 16
Number of Properties Sold
30 30 41
277 245 293 268 326 277 332 317
293
27 26 48 44
J A S O N D J F M A M J F M A M J
16
40 25 23 24
306 326
284 332
272 317
264 306
264 284
276 272
299 264
264 303
276 343
299 345 332
303 307 343
310 345
283 332
271 307
246 310
240 283
268 271
J A S O N D J F M A M J F M A M J J A S O
17
J A S O N D J
17
29 27 45 26 28 66 47
3 Mo Avg
61 32 29
16.0 14.0 12.0 10.0 8.0
246 240
30
268
6.0 4.0 2.0 0.0
J A S O
3 Mo Avg
21 24
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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