Florida MVP - ARCHIVE July 2017 - Page 75

Market Action Report County: Lee Lee County Agent Name Market Action Report County: Lee July 2017 Title Phone Agent Name Website Title Other July 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $299,904 -3% 0% Other $467,972 Trending -2% versus*: 0% Month LM -3% L3M -3% PYM 4% LY $223,000 $299,904 -3% -11% -9% 0% 7% $285,766 $467,972 7,819 -2% -1% 0% 4% $223,000 1,418 -3% -18% -3% 4% -2% 4% $285,766 -11% -9% 7% -3% 86 0% 2% 16% 7,819 -1% 4% $174 -2% -2% 5% 1,418 -18% -2% $159 -4% -5% 10% 86 0% 2% 16% 12% 5.5 20% 14% 6% $174 -2% -2% 5% -4% 93.5% .0% -.1% -.6% Average List Price of all Current Listings Market Profile & Trends July Median Sales Price Overview Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) July Sales Price July Median Number of Properties Sold July Average Sales Price July Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) July Number of Properties Sold July Sold Price per Square Foot July Average Days on Market (Solds) July Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) July Sale Price vs List Price Ratio July Sold Price per Square Foot Trending versus*: Prior YTD Prior Year YTD Trending versus*: YTD Prior YTD 7% Prior Year $229,000 4% -3% $315,819 $229,000 11,115 7% $315,819 6% 12% 85 -4% $183 11,115 4% 1% $169 85 15% -3% 5.7 $183 3% -.8% 93.7% 6% 7% 7% 4% 7% 15% 7% 3% 7% 10% 2% 1% -0% 10% 1% 7% 1% -1% $159 -4% -5% 10% 1% $169 7% 7% 5.5 20% 14% 6% -3% 5.7 2% 1% of 93.7% Properties 93.5% .0% -.1% -.6% Number -.8% -0% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date July Month's Supply of Inventory July Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 3 Mo Avg 2,500 July Property sales were 1,418, down 1.5% from 1,440 in July of 2016 and 17.8% lower than the 1,725 sales last month. July 2017 Property sales were Sales at their lowest level compared to July of 2016 and 2,500 2,000 July Property sales sales were of 1,418, down from 4.4% 1,440 ahead in July 2015. July YTD 11,115 are 1.5% running of of last 2016 and 17.8% lower sales than of the 10,647. 1,725 sales last month. July 2017 year's year-to-date 1,500 sales were at their lowest level compared to July of 2016 and 2015. July YTD sales of 11,115 are running 4.4% ahead of last year's year-to-date sales of 10,647. Number of Properties Sold 3 Mo Avg 2,000 1,500 1,000 Prices 290 270 250 230 210 190 170 150 Inventory & MSI 14 350 330 310 290 270 250 230 210 190 170 150 16 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 M J J 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 A 17 M J J A S 14 O N D J F M 14 15 16 17 8,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of July 12,000 was Total 7,819, down 1.5% from 7,937 last month and as up The Inventory of Properties available for sale of 4.2% July from 12,000 7,506 in July of last year. July 2017 Inventory was at its highest was 7,819, down 1.5% from 7,937 last month and up 4.2% from 10,000 7,506 July of last year. July 2017 Inventory level in compared with July of 2016 and 2015. was at its highest 10,000 8,000 level compared with July of 2016 and 2015. 6,000 6,000 A comparatively lower MSI is more beneficial for sellers while a 1,156 1,440 1,812 1,626 15 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 last month. July 2017 ASP was at a mid range compared to July of 2016 and 2015. 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 M J J 14 15 16 17 A S O N D J F M A Median M J J A Sales S O N Price D J F and M A M J J A S Sales O N D Price J F M A M J J Average 0 The Median Sales Price in July was $223,000, up 3.7% from Prices $215,000 in July of 2016 and down 3.0% from $230,000 last The Median Sales Price Sales in July Price was $223,000, 3.7% from up 7.0% month. The Average in July was up $285,766, 350 $215,000 in July of and down 3.0% from $230,000 last from $267,084 in 2016 July of 2016 and down 10.5% from $319,322 330 month. The Average Sales Price in at July was range $285,766, up 7.0% last month. July 2017 ASP was a mid compared to July 310 from $267,084 in July of 2016 and down 10.5% from $319,322 of 2016 and 2015. 0 500 1,000 500 4,000 4,000 A higher comparatively lower MSI is more The beneficial for sellers while MSI is better for buyers. July 2017 MSI of 5.5 a 2,000 higher MSI is better for buyers. July 2017 MSI July of 5.5 months was at its highest level The compared with of 2016 and 2,000 months was at its highest level compared with July of 2016 and 0 2015. 0 2015. 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 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 M J J 14 15 16 17 14 15 16 17 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es . c o m | 75 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area \\\\XBوPSԔPSԔ\X][ۂH[HXX\XB\\X][ۂوPS\\[܈X\[YBX\XBو[ܛX][ۋ\[ܛX][ۋ]\\ۜX[]BH\ۜX[]B[H܈^Y\\YB[[[ܛX][ۂXۜ[Y\&\™\]H[X[ۋ\›\[܈X\[YBHBX\XBو\’]\Bو[Hق^Y\[\܈[\\YH[B[[B[[ܛX][ۂ[][[][Xۜ[Y\&\œX[\]HX[[X[ۋ