FL ARCHIVED March 2018 | Page 164

Market Action Report March 2018
Community Information | School District
Market Action Report March 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
$ 512,500
3 %
4 %
Average List Price of all Current Listings
$ 723,699
-2%
2 %
March Median Sales Price
$ 412,000
-5%
-2% -10%
-3%
$ 412,000
-12%
-3%
March Average Sales Price
$ 488,981
1 %
0 %
-14%
-8%
$ 479,837
-23%
-9%
Total Properties Currently for Sale ( Inventory )
394
7 %
18 %
March Number of Properties Sold
57
104 %
-14%
123
2 %
March Average Days on Market ( Solds )
104 -30% -3%
-2%
-5%
113
-1%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 457
-3%
-3%
11 %
2 %
$ 467
9 %
4 %
March Sold Price per Square Foot
$ 376
-6%
-6%
-3%
-8%
$ 397
-8%
-3%
March Month ' s Supply of Inventory
6.9 -47% -29% 36 %
-29%
9.7
-5%
-0%
March Sale Price vs List Price Ratio
94.8 %
2.3 %
. 9 %
. 2 %
2.1 %
93.9 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales March Property sales were 57 , down 13.6 % from 66 in March of
2017 and 103.6 % higher than the 28 sales last month . March Property 2018 sales Sales were at a mid level compared to March of 2017 and 70
March 2016 . Property March YTD sales sales were of 57123 , down are 13.6 running % from 2.566 % in ahead March of of last 2017 year and ' s year-to-date 103.6 % higher sales than of the 12028 . sales last month . March 60 2018 sales were at a mid level compared to March of 2017 and 2016 . March YTD sales of 123 are running 2.5 % ahead of last 50 year ' s year-to-date sales of 120 .
40

Fort Myers Agent Name Beach Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
10
0
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
0
15
16
17
18
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
Prices
Median Sales Price and Average Sales Price
15
16
17
18
3 Mo Avg
The Median Sales Price in March was $ 412,000 , down 9.7 %
800
Prices from $ 456,250 in March of 2017 and down 4.7 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 432,500 Median last Sales month Price . in The March Average was $ Sales 412,000 Price , down in March 9.7 % was
750
800 from
$ 488,981 $ 456,250 , down in March 13.5 % of from 2017 $ 565,615 and down in 4.7 March % from of 2017 and up
700
$ 432,500 last month . The Average Sales Price in March was
750
1.2 % from $ 483,036 last month . March 2018 ASP was at a mid
650
$ 488,981 , down 13.5 % from $ 565,615 in March of 2017 and up
700 range compared to March of 2017 and 2016 .
600
1.2 % from $ 483,036 last month . March 2018 ASP was at a mid
650
550 range compared to March of 2017 and 2016 .
600
500
550
450
500
400
450
350
400
350
300
300
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
15 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 M
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 March
The was Total 394 , Inventory up 7.1 % from of Properties 368 last available month and for up sale 17.6 as of % from March 335 in was
March 394 , of up last 7.1 % year from . March 368 last 2018 month Inventory and up 17.6 was % at from its highest 335 in
450
March level compared of last year with . March March 2018 of Inventory 2017 and was 2016 at . its highest
400
450
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
14.0
16.0
14.0
12.0
level compared with March of 2017 and 2016 .
350
300
12.0
10.0
300
250
10.0
250
8.0
200
8.0
A comparatively lower MSI is more beneficial for sellers while
200 a
150
6.0
6.0
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The March 2018 MSI of 6.9
100
4.0 higher MSI is better for buyers . The March 2018 MSI of 6.9
100
4.0 months was at a mid level compared with March of 2017 and
50
2.0 months was at a mid level compared with March of 2017 and
50
2.0
, Flagler County Association
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
2016 .
0
0.0
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
M J
F M A M J
F M A M J
F M
15
16
17
18
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 57
279
A 15
272 63
279 256
52 272 247
40 256 231
35 247
246 231
216 269
278 246 293
269 326 278
216 37 28 34 30
J A S O N D J
16
30 41 293
332
317 27 26
Number of Properties Sold
48 44 40 25 23 24 29
326 306
332 284
317 272
306
264 264
284
276 272
300 264
304 264
276 344
300 346
335 304
310 344
314 346
287 335
276 310 252 314
247 287
270
276 300 252 312
247
342 270
368 300
394 312
J A S O N D J
17
27 45 26 28 66 47 61 32 29 30
J A S O N D J 18
21
3 Mo Avg
25 22
342 29
368
3 Mo Avg
38
394 28 57
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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