FL ARCHIVED June 2017 | Page 75

Market Action Report June 2017
Phone Community Information | School District

County : Lee

Price Range : All | Properties : SFH - Con

Lee County

Agent Name
Market Action Report June 2017

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
$ 300,000
-3%
-2%
Average List Price of all Current Listings
$ 471,543
-2%
-1%
June Median Sales Price
$ 230,000
1 %
0 %
7 %
7 %
$ 230,000
7 %
7 %
June Average Sales Price
$ 320,015
-2%
-1%
5 %
8 %
$ 320,556
6 %
8 %
Total Properties Currently for Sale ( Inventory )
8,231
-2%
6 %
June Number of Properties Sold
1,681 -10%
2 %
9,633
5 %
June Average Days on Market ( Solds )
86
4 %
2 %
10 %
12 %
85
15 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 177
-3%
-2%
7 %
-3%
$ 184
2 %
1 %
June Sold Price per Square Foot
$ 166
-4%
-3%
3 %
5 %
$ 170
6 %
8 %
June Month ' s Supply of Inventory
4.9
10 %
1 %
4 %
-14%
5.8
3 %
3 %
June Sale Price vs List Price Ratio
93.4 %
-. 2 % -. 3 % -. 6 %
-. 9 %
93.7 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 June Property sales were 1,681 , up 1.5 % from 1,656 in June of
2016 and 10.2 % lower than the 1,872 sales last month . June Property 2017 sales Sales were at a mid level compared to June of 2016 and 2,5002,000
June 2015 Property . June YTD sales sales were of 1,681 9,633 , up are 1.5 % running from 1,656 4.7 % in ahead June of last 2016 year and ' s year-to-date 10.2 % lower sales than of the 9,204 1,872 . sales last month . June 2017 sales were at a mid level compared to June of 2016 and 2,0001,500 2015 . June YTD sales of 9,633 are running 4.7 % ahead of last year ' s year-to-date sales of 9,204 .
1,5001,000
Title
Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
500
1,438 1,448 1,346 1,462 1,249
500 0
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
0 14 15
16
17 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in June was $ 230,000 , up 7.0 % from
350
Prices $ 215,000 in June of 2016 and up 0.9 % from $ 228,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in June Price was in $ 230,000 June was , up $ 320,015 7.0 % from , up 4.5 %
330
350 $ from 215,000 $ 306,234 in June in of June 2016 of and 2016 up 0.9 and % down from $ 1.9 228,000 % from last $ 326,110 310 month . The Average Sales Price in June was $ 320,015 , up 4.5 %
330
last month . June 2017 ASP was at the highest level compared to 290 from $ 306,234 in June of 2016 and down 1.9 % from $ 326,110 310 June of 2016 and 2015 .
270 last month . June 2017 ASP was at the highest level compared to 290 250
June of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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
14 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 A
17 M J
14 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 June Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 8,231 Inventory , down 1.6 of % Properties from 8,365 available last month for sale and as up of 5.7 June % from 12,000
9.0 was 7,787 8,231 in , June down of 1.6 last % from year . 8,365 June last 2017 month Inventory and up was 5.7 % at from its 12,000
9.0 8.0 10,000
7,787 highest in June level of compared last year . with June June 2017 of Inventory 2016 and was 2015 at its .
8.0 7.0 10,000 highest level compared with June of 2016 and 2015 . 8,000
7.0 6.0
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 June 2017 MSI of 4.9 2.0 higher MSI is better for buyers . The June 2017 MSI of 4.9 2,000
2.0 months was at its highest level compared with June of 2016 and 2,000
1.0 months was at its highest level compared with June of 2016 and
1.0 2015 .
0 0.0
2015 . 0
0.0 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 A S O N D J F M A M J 14
15 16
17 14
15 16
17
1,660 1,210 1,429 1,947 2,039 1,868
1,438 1,448 1,346 1,462 1,249 1,660 1,210 1,429 1,947 2,039 1,868 1,905 1,721 1,465 1,493 1,440 1,155 1,559 1,144 1,171 1,624 1,812 1,797 1,656 1,440 1,504 1,367 1,290 1,307 1,462 1,180 1,225 1,955 1,720 1,872 1,681
7,524 7,309 7,267 7,626 7,737 7,812 8,366 8,351 8,030 7,590 7,051
7,524 7,309 7,267 7,626 7,737 7,812 8,366 8,351 8,030 7,590 7,051 6,648 6,362 6,170 1,905 1,721 1,465 1,493
6,648 6,362 6,170 6,235
6,650 8,184 7,124 7,264
6,235 6,650 7,124 7,264
1,440 1,155 1,559 1,144
8,827 8,847 8,543 8,142 1,171 1,624 1,812 1,797 1,656 1,440 1,504
8,184 8,827 8,847 8,543 8,142 7,787 7,501 7,331 7,479
7,787 7,501 7,331 7,479 7,891 8,328 8,481
1,367 1,290 1,307
9,333
7,891 9,639 8,328 9,381 8,805 1,462 1,180
8,365
8,231 1,225 1,955
8,481 9,333 9,639 9,381 8,805
1,720 1,872
8,365 8,231
1,681
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