FL ARCHIVED December 2017 | Page 83

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
$ 519,900
3 %
3 %
Average List Price of all Current Listings
$ 763,095
2 %
9 %
December Median Sales Price
$ 456,500
24 %
15 %
10 %
7 %
$ 427,000
3 %
0 %
December Average Sales Price
$ 533,396
31 %
7 %
-4%
-1%
$ 536,531
3 %
0 %
Total Properties Currently for Sale ( Inventory )
319
6 %
5 %
December Number of Properties Sold
28
27 %
-38%
415
4 %
December Average Days on Market ( Solds )
81 -30% -19% -36% -31%
110
-6%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 501
17 %
10 %
21 %
16 %
$ 449
3 %
4 %
December Sold Price per Square Foot
$ 399
20 %
-2%
-3%
-1%
$ 407
4 %
1 %
December Month ' s Supply of Inventory
11.4 -16%
-5%
69 %
21 %
9.7
3 %
3 %
December Sale Price vs List Price Ratio
94.0 %
3.2 %
. 9 %
1.4 % 1.5 %
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 December Property sales were 28 , down 37.8 % from 45 in
December of 2016 and 27.3 % higher than the 22 sales last Property month . December Sales 2017 sales were at their lowest level 70
December compared Property to December sales were of 2016 28 , down and 2015 37.8 .% December from 45 in YTD sales December of 415 are of running 2016 and 4.027.3 % ahead % higher of last than year the ' 22 s year-to-date sales last sales 60 of month 399 . . December 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales 50 of 415 are running 4.0 % ahead of last year ' s year-to-date sales of 399 .
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
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 28
314
299 33 32 52
296 279 272 63 52
256
247 40 35
231 216
37
246
269 28 34
278
293 30 30
269 326 278
Number of Properties Sold
10
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
0
15
16
17
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
Prices
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
The Median Sales Price in December was $ 456,500 , up 10.0 %
800
Prices from $ 415,000 in December of 2016 and up 24.2 % from
Median Sales Price and Average Sales Price
750
3 Mo Avg
The
$ 367,500 Median last Sales month Price . in The December Average was Sales $ 456,500 Price in , up December 10.0 % was
800 from
$ 533,396 $ 415,000 , down in December 3.7 % from of $ 2016 553,656 and in up December 24.2 % from of 2016 and
700
750
$ up 367,500 31.0 % last from month $ 407,132 . The Average last month Sales . December Price in December 2017 ASP was was
650
$ 533,396 , down 3.7 % from $ 553,656 in December of 2016 and
700 at the lowest level compared to December of 2016 and 2015 .
600 up 31.0 % from $ 407,132 last month . December 2017 ASP was
650
550 at the lowest level compared to December of 2016 and 2015 .
600
500
550
450
500
400
450
350
400
300
350
300
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
16
17
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
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
December Total Inventory was 319 of , up Properties 6.3 % from available 300 last for month sale as and of up 4.9 %
December from 304 was in December 319 , up 6.3 of % last from year 300 . last December month and 2017 up Inventory 4.9 %
400 from was 304 at its in highest December level of compared last year . December with December 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 December 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 for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 11.4
100 higher months MSI was is better at its highest for buyers level . The compared December with 2017 December MSI of 11.4 of months was at its highest level compared with December of
50
2016 and 2015 .
2016 and 2015 .
0
150
8.0
100
6.0
50
4.0
2.0
0
0.0
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
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 D
15
16
17
15
16
17
6.0
4.0
2.0
0.0
314 299 296 279 272 256 247 231 216
246
41
293
332 317
27
326 332
26
306 284
317 48
306 44
272 264
284 40 272
25 264
264 276
300 23
304 264 24
276 344 29 27 304
300 346 334
45 344
26 346
309 313
28 334
66 309
286 274
250 47 313
61
286
245 269
32
274
3 Mo Avg
29
300 319
250 245
30 269
21 300
3 Mo Avg
25
319 22 28
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 Assoc 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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