Fort Myers Community Information | School District
Fort Myers Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for December was 87 , down 2.2 % from 89 days last month and up 8.7 % from 80 days in December of last year . The December 2017 DOM was at a mid level compared with December of 2016 and 2015 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The December 2017 Selling Price per Square Foot of $ 140 was up 1.4 % from $ 138 last month and down 1.9 % from 143 in December of last year .
Selling Price vs Original Listings Price |
The Selling Price vs Original Listing Price reveals the average |
amount that Sellers are agreeing to come down from their |
95 % |
original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more |
95 % |
of a Seller ' s market . The December 2017 Selling Price vs |
94 % |
Original List Price of 93.7 % was up from 93.0 % last month and down from 94.2 % in December of last year . |
94 % |
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in December 2017 was 573 , down 21.6 % from 731 last month and down 11.7 % from 649 in December of last year .
Days On Market for Sold Properties
100 |
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90
80
|
77 |
80 |
87 |
70 |
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60 |
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50 |
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40 |
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30 |
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20 |
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10 |
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0 |
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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 |
15 |
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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
150 145 140 135 130 125 120 115 110 105 100
93 % 93 % 92 %
135
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 |
15 |
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16 |
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17 |
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143
Selling Price versus Listing Price Ratio
94.6 %
92 % |
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 |
15 |
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16 |
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17 |
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Inventory / New Listings / Sales |
3,500 3,000 2,500 2,000 1,500 1,000
500
2,503 2,520 2,453 2,312 2,139 2,034
Avg Selling Price divided by Avg Listing Price for sold properties during the month
1,912 1,853 1,836 1,953 2,110 2,095
2,445 2,663 2,724 2,573 2,447 2,358 2,273 2,246 2,296 2,439 2,547
94.2 %
2,615
2,923 3,099 3,021 2,803 2,679 2,529 2,394 2,261
3 Mo Avg
3 Mo Avg
2,202 2,349 2,455
140
93.7 %
2,577
0
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 |
15 |
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16 |
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17 |
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82 | c o l d w e l l b a n k e r h o m e s . c o m