FL ARCHIVED March 2018 | Page 68

Naples/Fort Myers Collier County Marco Island Naples Market Action Report County: Collier Collier County Agent Name Market Action Report County: Collier Title Phone Agent Name Website Title Other March 2018 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 $479,000 1% -1% Other $972,545 Trending 0% versus*: -2% Month LM 4% L3M 4% PYM 7% LY $400,000 $479,000 1% -5% 1% -1% 6% $700,134 $972,545 6,529 0% -2% -2% -10% $400,000 941 4% 40% 4% 7% -4% 11% $700,134 111 -5% 1% 1% -2% 6% 5% 12% 6,529 -2% -10% $322 5% 2% 8% 941 40% -4% $288 -4% 0% 1% 111 1% -2% 5% 1% 6.9 -30% -20% -6% $322 5% 2% 8% 7% 93.0% -.1% -.1% .6% Average List Price of all Current Listings Lee County Bonita Springs/Bonita Beach Cape Coral Fort Myers Fort Myers Beach March 2018 Market Profile Sales & Trends March Median Price Overview Median Price Sales of all Price Current Listings March List Average Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) March Sales Price March Median Number of Properties Sold March Average Sales Price March Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) March Number of Properties Sold March Sold Price per Square Foot March Average Days on Market (Solds) March Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) March Sale Price vs List Price Ratio March Sold Price per Square Foot March Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date Property Sales Trending versus*: Prior YTD 10% Prior Year 11% 11% YTD $399,500 12% $721,414 14% 16% $399,500 2,320 10% $721,414 14% 1% 110 -0% 11% 1% 16% 6% 6% 0% -10% 6% 1% 7% $318 2,320 -0% 6% $296 110 1% -21% 8.7 $318 6% .7% 93.2% 0% 6% 9% -1% 1% $288 -4% 0% 1% 6% $296 6% 9% 6.9 -30% -20% -6% -21% 8.7 -10% -1% of 93.2% Properties 93.0% -.1% -.1% .6% Number .7% 1% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date March Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg 1,400 Prices The Median Sales Price in March was $400,000, up 6.7% from Prices $375,000 in March of 2017 and up 3.9% from $385,000 last The Median Sales Price Sales in March was 6.7% from month. The Average Price in $400,000, March was up $700,134, up 800 $375,000 in $658,736 March of 2017 and up $385,000 6.3% from in March of 3.9% 2017 from and down 4.9% last from month. The last Average Sales Price 2018 in March up level 750 $735,874 month. March ASP was was $700,134, at the highest 700 6.3% from $658,736 2017 and down 4.9% from compared to March in of March 2017 of and 2016. $735,874 last month. March 2018 ASP was at the highest level compared to March of 2017 and 2016. 650 600 550 500 450 400 350 300 16 17 15 800 750 700 650 600 550 500 450 400 350 300 3 Mo Avg 18 Median Sales Price and Average Sales Price 3 Mo Avg 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 18 16 A M J J A S O N D J F M 17 A M 15 J J A S O N D J F M A M J J A S O N D J F M 15 16 17 18 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of March 8,000 was Total 6,529, down 2.1% from 6,672 last month and 10.2% The Inventory of Properties available for sale as down of March 8,000 7,000 from 7,271 in March of last year. March 2018 Inventory was at a was 6,529, down 2.1% from 6,672 last month and down 10.2% from March of with last year. March 2018 Inventory mid 7,271 level in compared March of 2017 and 2016. was at a 7,000 6,000 mid level compared with March of 2017 and 2016. 6,000 5,000 5,000 4,000 4,000 3,000 A comparatively lower MSI is more beneficial for sellers while 3,000 a A higher comparatively lower MSI is more beneficial for sellers while a MSI is better for buyers. The March 2018 MSI of 6.9 2,000 2,000 higher MSI is better for buyers. March 2018 MSI of of 6.9 2017 and 1,000 months was at its lowest level The compared with March 1,000 months 0 2016. was at its lowest level compared with March of 2017 and 2016. 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 16 17 18 A M J J A S O N D Median J F M A Sales M J J Price A S O and N D Average J F M A M Sales J J A Price S O N D J F M 0 0 200 200 400 400 600 3 Mo Avg 600 800 1,000 2016. March YTD sales of 2,320 are running 0.3% behind last year's year-to-date sales of 2,326. Number of Properties Sold Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 14.0 0 14.0 12.0 12.0 10.0 Click Here for Market Watch Videos March Property sales were 941, down 4.2% from 982 in March of 2017 and 39.6% higher than the 674 sales last month. March 1,200 Property 2018 sales Sales were at a mid level compared to March of 2017 and 1,400 March sales sales were of 941, down 4.2% from 982 March last 1,000 2016. Property March YTD 2,320 are running 0.3% in behind of year's 2017 and 39.6% higher the 674 sales last month. March 1,200 year-to-date sales than of 2,326. 800 2018 sales were at a mid level compared to March of 2017 and 10.0 8.0 6.0 4.0 2.0 0.0 8.0 6.0 4.0 2.0 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 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 16 17 18 15 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 16 17 18 c o l dw el l b a n k er h o m es . c o m | 69 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 Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REAL does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction.