FL ARCHIVED March 2018 | Page 82

City: Fort Myers Beach
Price Range: All | Properties: SFH - Con
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 Month's Supply of Inventory
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
94.0%
94%
93.8%
93.6%
94%
93%
93%
92%
Prices
The Median Sales Price in March was $412,000, down 9.7%
Prices
from $456,250 in March of 2017 and down 4.7% from
The
Median last
Sales
Price in The
March
was $412,000,
down
9.7% was
$432,500
month.
Average
Sales Price
in March
800
from
$456,250
in March
2017 $565,615
and down
from
$488,981,
down
13.5% of
from
in 4.7%
March
of 2017 and up
750
$432,500
last
month. The
Price
in March
was at a mid
1.2% from
$483,036
last Average
month. Sales
March
2018
ASP was
700
$488,981,
down 13.5%
from $565,615
in March
range compared
to March
of 2017 and
2016. of 2017 and up
1.2% from $483,036 last month. March 2018 ASP was at a mid
range compared to March of 2017 and 2016.
92%
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
Inventory / New Listings / Sales
Inventory / New Listings / Sales
2,000
2,500
3,000
3,500
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in March 2018 was 866, down 2.7% from 890 last month and up
6.9% from 810 in March of last year.
Inventory & MSI
650
600
550
500
450
400
350
300
3 Mo Avg
3 Mo Avg
15
800
750
700
650
600
550
500
450
400
350
300
16
17
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 J Median
F M A M Sales
J J A Price
S O N and
D J Average
F M A M Sales
J J A Price
S O N D J F M
0
95%
0
10
Avg Selling Price divided by Avg Listing Price for sold properties during the month
95%
4%
4%
-3%
-0%
1%
10
20
3 Mo Avg
2% -3%
-1% -9%
9%
-8%
4%
-5%
4%
0%
20
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The March 2018 Selling Price vs Original
List Price of 93.8% was up from 93.2% last month and up from
93.6% in March of last year.
30
-12%
123
-23%
113
2%
$467
123
2%
-8%
$397
113
-1%
-29%
9.7
$467
9%
2.1%
93.9%
-3%
-9%
30
Selling Price versus Listing Price Ratio
40
$412,000
$479,837
-5%
-23%
40
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
50
$479,837
50
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
year's year-to-date sales of 120.
Trending versus*:
YTD
Prior YTD -12%
Prior Year
$412,000
-3%
-8%
Number of Properties Sold
60
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
sales sales
were of
57, 123
down
from
66 in
March
2016. Property
March YTD
are 13.6%
running
2.5%
ahead
of of
last
2017
and
103.6% higher
than
60
year's
year-to-date
sales
of the
120. 28 sales last month. March
Trending versus*:
Prior YTD Prior Year
YTD
70
134
Selling Price vs Original Listings Price
March 2018
$376 -6% -6% -3% -8%
$397
-8%
-3%
6.9 -47% -29% 36% -29%
9.7
-5%
-0%
Number of 93.9%
Properties
94.8% 2.3% .9% .2% 2.1%
0% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
148
146
March Sale Price vs List Price Ratio
March Sold Price per Square Foot
3 Mo Avg
150
145
140
135
130
125
120
115
110
105
100
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The March 2018 Selling Price per Square Foot of $148 was up
3.3% from $143 last month and up 1.3% from 146 in March of
last year.
March Average Days on Market (Solds)
Selling Price per Square Foot
Selling Price per Square Foot
Trending versus*:
L3M PYM
LY
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
0
10
20
30
40
50
60
69
70
LM
$512,500
3%
4%
Other
$723,699 Trending
-2% versus*: 2%
Month
LM -5%
L3M -2%
PYM -10%
LY
$412,000
$512,500
3% 1% 0%
4% -14%
$488,981
$723,699 394
-2% 7%
2% 18%
$412,000 -5%
-2%
-10%
-3%
57 104%
-14%
$488,981 104
1% -30%
0% -3%
-14% -2%
-8%
394 7%
18%
$457 -3% -3% 11%
57 104%
-14%
$376 -6% -6% -3%
104 -30% -3% -2% -5%
6.9 -47% -29% 36%
$457 -3% -3% 11% 2%
94.8% 2.3% .9% .2%
Average List Price of all Current Listings
79
85
80
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
100
90
Phone
Month
Website
3 Mo Avg
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for March was 79, down 3.7% from 82
days last month and down 7.1% from 85 days in March of last
year. The March 2018 DOM was at a mid level compared with
March of 2017 and 2016.
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Days On Market for Sold Properties
Market Time
Agent Name
Market Action Report
Community Information | School District
Price Range: All | Properties: SFH - Con
Fort Myers Beach
Title
Phone
Website
Other
City: Fort Myers Beach
Agent Name
March 2018
Fort Myers
Market Action Report
City: Fort Myers
March 2018
Market Action Report
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
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Total Inventory & Month's Supply of Inventory (MSI)
Inventory
& MSI of Properties available for sale as of March
450
16.0
was Total
394, Inventory
up 7.1% from
368 last available
month and
1,500
The
of Properties
for up
sale 17.6%
as of from
March 335 in
400
450
16.0
14.0
March
of
last
year.
March
2018
Inventory
was
at
its
highest
was 394, up 7.1% from 368 last month and up 17.6% from 335 in
1,000
400 350
14.0
March
of last year. with
March
2018
at its highest
level compared
March
of Inventory
2017 and was
2016.
12.0
350 300
level compared with March of 2017 and 2016.
12.0
500
10.0
300 250
10.0
8.0
0
250 200
8.0
6.0
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
200
150
A comparatively lower MSI is more beneficial for sellers while a
6.0
15
16
17
18
4.0
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a 150 100
MSI is better
for buyers.
March for
2018
MSI
of 6.9
4.0
higher
MSI
is better
for level
buyers.
The March
MSI of of 2017
6.9 and 100 50
2.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
months
was
at a mid
compared
with 2018
March
2.0
50
months
at a mid level compared with March of 2017 and
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
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 Association of REALTORS, Flagler County Association
REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association,
activity.
2016. of was
0
0.0
2016.
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.
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
82 | c o l d w e l l b a n k e r h o m e s . c o m
16
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
17
C
18
c o l dw el l b a n k er h o m es . c o m
| 83
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.