FL ARCHIVED January 2018 | Page 81

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

City : Fort Myers

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
$ 275,000
0 %
-3%
Average List Price of all Current Listings
$ 373,142
2 %
-2%
January Median Sales Price
$ 220,000
-2%
-2%
-2%
-3%
$ 220,000
-2%
-3%
January Average Sales Price
$ 270,535
9 %
4 %
2 %
3 %
$ 270,535
2 %
3 %
Total Properties Currently for Sale ( Inventory )
3,000
20 %
2 %
January Number of Properties Sold
345 -22%
-9%
345
-9%
January Average Days on Market ( Solds )
80
-7%
-7%
-8%
-7%
80
-8%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 167
2 %
1 %
4 %
5 %
$ 167
4 %
5 %
January Sold Price per Square Foot
$ 147
4 %
3 %
4 %
3 %
$ 147
4 %
3 %
January Month ' s Supply of Inventory
8.7
55 %
21 %
12 %
40 %
8.7
12 %
40 %
January Sale Price vs List Price Ratio
92.8 % -1.0% -. 4 % -. 6 %
-. 4 %
92.8 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

Fort Agent Myers

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
700
January Property sales were 345 , down 8.7 % from 378 in
January of 2017 and 22.5 % lower than the 445 sales last month .
600
Number of Properties Sold
3 Mo Avg
Property
January 2018 Sales sales were at a mid level compared to January of
700
January
2017 and Property 2016 . sales January were YTD 345 , sales down of 8.7 345 % from are running 378 8.7 %
500
January behind of last 2017 year and ' s year-to-date 22.5 % lower sales than the of 378 445 . sales last month .
January 2018 sales were at a mid level compared to January of
2017 and 2016 . January YTD sales of 345 are running 8.7 % behind last year ' s year-to-date sales of 378 .
600
500
400
300
400
200
300
200
100
100
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
Prices
The Median Sales Price in January was $ 220,000 , down 2.1 %
F
M A M J
15
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
3 Mo Avg
Prices from $ 224,675 in January of 2017 and down 2.4 % from
The
$ 225,500 Median last Sales month Price . in The January Average was Sales $ 220,000 Price , down in January 2.1 % was from
$ 270,535 $ 224,675 , up in 2.3 January % from of $ 264,486 2017 and in down January 2.4 % of from 2017 and up
290
$
8.6 225,500 % from last $ month 249,045 . The last Average month . Sales January Price 2018 in January ASP was was at the
$ 270,535 , up 2.3 % from $ 264,486 in January of 2017 and up
270 highest level compared to January of 2017 and 2016 .
8.6 % from $ 249,045 last month . January 2018 ASP was at the
250
290
270
250
230
Median Sales Price and Average Sales Price
3 Mo Avg
highest level compared to January of 2017 and 2016 .
230
210
210
190
190
170
170
150
150
F
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
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
The
January Total Inventory was 3,000 of , up Properties 20.2 % from available 2,495 for last sale month as of and up
January
2.5 % from was 2,928 3,000 , in up January 20.2 % from of last 2,495 year last . January month and 2018 up 2.5
Inventory % from 2,928 was at in its January highest of level last year compared . January with 2018 January of
Inventory
2017 and was 2016 at . its highest level compared with January of
2017 and 2016 .
3,500
3,5003,000
3,000
2,500
2,500
2,000
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
1,000
4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 8.7
1,000 higher months MSI was is better at its highest for buyers level . The compared January with 2018 January MSI of 8.7 of 2017
500
2.0 months was at its highest level compared with January of 2017
500 and 2016 .
0 and 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
10.0
8.0
6.0
4.0
2.0
0.0
487 595 640 587
487 595 640 587 599 515 462 462 447 377 456 337 353 517 530 537 477 437 434 378 361 387 430 378 362 596 518 560 486 421 447 291 363 338 445 345
2,520 2,452 2,312 2,139 2,034 1,913
599
2,520 2,452 2,312 2,139 2,034 515 462 462 447
1,854 1,836 1,954 2,111 2,094
377 456
1,913 1,854 1,836 1,954 2,111 2,094 337 353 517
2,444 2,664 2,723 2,574 2,448 2,359 530 537 477 437 434
2,444 2,664 2,723 2,574 2,448 2,359 2,274 2,247 2,297
2,274 2,247 2,297 2,440 2,547 2,616 378 361 387
2,928 3,106 3,029
2,440 2,547 2,616 430 378 362 596 518 560
2,811 2,688 2,540 2,402 2,271 2,211 2,363
486
2,928 3,106 3,029 2,811 2,688 2,540 2,402
421
2,438 2,495
447 3,000
291
2,271 2,211 2,363 2,438
363 2,495
338
3,000 445 345
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 81