FL ARCHIVED February 2018 | Page 164

Market Action Report February 2018
Community Information | School District
Market Action Report February 2018

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
$ 499,000
-0%
-0%
Average List Price of all Current Listings
$ 746,157
-0%
5 %
February Median Sales Price
$ 432,500
10 %
8 %
1 %
2 %
$ 412,500
-13%
-3%
February Average Sales Price
$ 483,036
4 %
2 %
-25%
-9%
$ 471,940
-33%
-11%
Total Properties Currently for Sale ( Inventory )
370
8 %
7 %
February Number of Properties Sold
28 -26%
0 %
66
22 %
February Average Days on Market ( Solds )
148
48 %
35 %
11 %
36 %
120
-3%
10 %
Asking Price per Square Foot ( based on New Listings )
$ 473
0 %
2 %
-2%
5 %
$ 474
8 %
6 %
February Sold Price per Square Foot
$ 400
-7%
1 %
-6%
-2%
$ 416
-15%
2 %
February Month ' s Supply of Inventory
13.2
46 %
20 %
7 %
37 %
11.1
-13%
15 %
February Sale Price vs List Price Ratio
92.7 %
-. 7 % -. 3 %
. 8 %
-. 2 %
93.1 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales February Property sales were 28 , equal to 28 in February of
2017 and 26.3 % lower than the 38 sales last month . February Property 2018 sales Sales were at their highest level compared to February of 70
February 2017 and Property 2016 . February sales were YTD 28 , equal sales to of 28 66 in are February running of 22.2 % 2017 ahead and of 26.3 last % year lower ' s year-to-date than the 38 sales last of 54 month . . February 60 2018 sales were at their highest level compared to February of 2017 and 2016 . February YTD sales of 66 are running 22.2 % 50 ahead of last year ' s year-to-date sales of 54 .
40

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Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
10
0
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
0
15
16
17
18
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
Prices
Median Sales Price and Average Sales Price
15
16
17
18
3 Mo Avg
The Median Sales Price in February was $ 432,500 , up 1.2 %
800
Prices from $ 427,500 in February of 2017 and up 9.8 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 394,000 Median last Sales month Price . in The February Average was Sales $ 432,500 Price , in up February 1.2 % was
750
800 from
$ 483,036 $ 427,500 , down in February 25.3 % from of 2017 $ 646,664 and up in 9.8 February % from of 2017 and
700
$ 394,000 last month . The Average Sales Price in February was
750 up 4.2 % from $ 463,765 last month . February 2018 ASP was at a
650
$ 483,036 , down 25.3 % from $ 646,664 in February of 2017 and
700 mid range compared to February of 2017 and 2016 .
600 up 4.2 % from $ 463,765 last month . February 2018 ASP was at a
650
550 mid range compared to February of 2017 and 2016 .
600
500
550
450
500
400
450
350
400
350
300
300
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
15 M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 370 , of up Properties 7.9 % from available 343 last for month sale as and of up 6.9 %
February from 346 was in 370 February , up 7.9 of % last from year 343 . last February month 2018 and up Inventory 6.9 % was
400 from at its 346 highest in February level compared of last year with . February 2018 of Inventory 2017 and 2016 was .
350
400
350
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
14.0
16.0
14.0
12.0
at its highest level compared with February of 2017 and 2016 .
300
250
12.0
10.0
250
200
10.0
8.0
200
150
8.0
6.0
A comparatively lower MSI is more beneficial for sellers while
150 a
6.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2018 MSI while of a 13.2
100
4.0 higher MSI is better for buyers . The February 2018 MSI of 13.2
100
4.0 months was at its highest level compared with February of 2017
50
2.0 months was at its highest level compared with February of 2017
50
2.0
, Flagler County Association and 2016 of REALTORS . , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association
0 , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estate
0.0 activity . C and 2016 .
0
0.0
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 J
F
15
16
17
18
15
16
17
18
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 29 38 28
296 279
52 296 272
63 279 256
52 272 247
40 256 231
35
247
246 231
216 269 278
246 293 269
216 37 28 34 30 30
326 332
278 41 293 317
27
Number of Properties Sold
26 48 44 40 25 23 24 29 27 45
3 Mo Avg
326 306
332 284
317
272 264
306
264 284
276 272
300 264
264 304
276 344
300 346
334 304
309 344
313 346
286 334 274 309
250 313
245 286
268
274 298 250
310 245
343 268
370 298
26 28 66 47 61 32 29 30 21 25
310 22
343
3 Mo Avg
29
370 38 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 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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