FL ARCHIVED January 2018 | Page 75

Market Action Report January 2018
Phone Community Information | School District

County : Lee

Price Range : All | Properties : SFH - Con

Lee County

Agent Name
Market Action Report January 2018

Phone Community Information | School District

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
$ 314,000
-0%
1 %
Average List Price of all Current Listings
$ 495,013
-0%
2 %
January Median Sales Price
$ 230,000
2 %
2 %
2 %
1 %
$ 230,000
2 %
1 %
January Average Sales Price
$ 360,123
24 %
15 %
14 %
15 %
$ 360,123
14 %
15 %
Total Properties Currently for Sale ( Inventory )
9,535
15 %
1 %
January Number of Properties Sold
1,250 -16%
5 %
1,250
5 %
January Average Days on Market ( Solds )
81
-5%
-5%
-6%
-5%
81
-6%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 202
-6%
0 %
7 %
7 %
$ 202
7 %
7 %
January Sold Price per Square Foot
$ 186
15 %
12 %
10 %
12 %
$ 186
10 %
11 %
January Month ' s Supply of Inventory
7.6
38 %
14 %
-4%
28 %
7.6
-4%
28 %
January Sale Price vs List Price Ratio
93.7 %
-. 6 % -. 4 % -. 5 %
-. 2 %
93.7 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
2,500 January Property sales were 1,250 , up 4.8 % from 1,193 in
January of 2017 and 16.3 % lower than the 1,493 sales last Property month . January Sales 2018 sales were at their highest level compared 2,5002,000
January to January Property of 2017 sales and were 2016 1,250 . January , up 4.8 % YTD from sales 1,193 of in 1,250 are January running of 4.8 2017 % ahead and 16.3 of % last lower year than ' s year-to-date the 1,493 sales sales last of 1,193 . month . January 2018 sales were at their highest level compared 2,0001,500 to January of 2017 and 2016 . January YTD sales of 1,250 are running 4.8 % ahead of last year ' s year-to-date sales of 1,193 .
1,5001,000
Title
Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
500
500 0
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
0 15 16
17 18
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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in January was $ 230,000 , up 2.2 % from
400
Prices $ 225,000 in January of 2017 and up 2.2 % from $ 225,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in January Price was in January $ 230,000 was , up $ 360,123 2.2 % from , up
400 $ 14.2 225,000 % from in January $ 315,454 of in 2017 January and up of 2.2 2017 % from and $ up 225,000 23.6 % last from 350 month $ 291,391 . The last Average month Sales . January Price in 2018 January ASP was $ at 360,123 the highest , up level 14.2 % from $ 315,454 in January of 2017 and up 23.6 % from 350 compared to January of 2017 and 2016 .
300
$ 291,391 last month . January 2018 ASP was at the highest level compared to January of 2017 and 2016 .
300 250
250
200
1,430 1,949 2,040 1,870
1,430 1,949 2,040 1,870 1,910 1,723 1,466 1,496 1,443 1,158 1,562 1,147 1,172 1,631 1,814 1,798 1,661 1,442 1,510 1,372 1,294 1,311 1,468 1,193 1,228 1,967 1,737 1,904 1,755 1,457 1,542 971 1,204 1,159 1,493 1,250
8,391 8,075 7,637 7,095 6,690 6,402
1,910
200 150
150 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
15 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
17 A M J J A S O N D J
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The January Total Inventory was 9,535 of , up Properties 15.5 % from available 8,258 for last sale month as of and up 12,000
9.0
January 0.8 % from was 9,535 9,460 , up in January 15.5 % from of last 8,258 year last . January month and 2018 up 12,000
9.0 8.0 10,000
0.8 Inventory % from 9,460 was at in its January highest of level last year compared . January with 2018 January of
8.0 7.0 10,000
Inventory 2017 and was 2016 at . its highest level compared with January of 8,000
7.0 6.0
2017 and 2016 . 8,000
6.0 5.0 6,000
5.0 6,000
4.0
A comparatively lower MSI is more beneficial for sellers while a 4,000
4.0 3.0
A comparatively lower MSI is more beneficial for sellers while a 4,000 3.0 higher MSI is better for buyers . The January 2018 MSI of 7.6 2.0 higher MSI is better for buyers . The January 2018 MSI of 7.6 2,000 2.0 months was at a mid level compared with January of 2017 and 2,000 1.0 months was at a mid level compared with January of 2017 and 1.0
2016 . 0
0.0 2016 .
0
0.0 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 J 15
16 17
18 15
16 17
18
1,723
8,391 8,075 7,637 7,095 6,690 6,402 1,466 1,496
6,210 6,274
1,443
6,210 6,274 6,694 7,170 7,302
1,158 1,562
6,694 8,228 7,170 7,302 1,147 1,172
8,874 8,897 8,601 8,195 1,631 1,814 1,798 1,661 1,442 1,510
8,228 8,874 8,897 8,601 8,195 7,847 7,563 7,396 7,552
7,847 7,563 7,396 7,552 7,981 8,430 8,586 1,372 1,294 1,311 1,468
7,981 9,460
8,430 9,777 9,531
8,972 1,193 1,228 1,967 1,737 1,904 1,755
8,586 9,460 9,777 9,531 8,972 8,469 8,052 7,673
1,457
8,469 8,052 7,673 7,419 7,251 7,674 8,098 8,258
1,542
9,535 971 1,204
7,419 7,251 7,674 8,098
1,159 1,493
8,258 9,535
1,250
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