FL ARCHIVED April 2017 | Page 81

Market Action Report April 2017
Community Information | School District
Market Action Report April 2017

City : Cape Coral

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
$ 279,000
-1%
3 %
Average List Price of all Current Listings
$ 366,024
-2%
-1%
April Median Sales Price
$ 225,900
3 %
3 %
13 %
10 %
$ 219,900
11 %
7 %
April Average Sales Price
$ 274,895
0 %
2 %
11 %
11 %
$ 268,797
10 %
9 %
Total Properties Currently for Sale ( Inventory )
2,450
1 %
6 %
April Number of Properties Sold
486 -16%
-10%
1,771
3 %
April Average Days on Market ( Solds )
74
-6%
-8%
7 %
6 %
80
21 %
14 %
Asking Price per Square Foot ( based on New Listings )
$ 161
3 %
1 %
10 %
5 %
$ 160
5 %
4 %
April Sold Price per Square Foot
$ 147
1 %
2 %
9 %
9 %
$ 145
7 %
7 %
April Month ' s Supply of Inventory
5.0
20 %
-4%
18 %
4 %
5.7
0 %
17 %
April Sale Price vs List Price Ratio
94.3 %
-. 5 % -. 3 % -. 7 %
-. 7 %
94.6 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Cape Agent Coral

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
700
April Property sales were 486 , down 9.7 % from 538 in April of
2016 and 15.9 % lower than the 578 sales last month . April 2017
600
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to April of 2016 and
700
April
2015 Property . April YTD sales sales were of 486 1,771 , down are 9.7 running % from 3.0 538 % in ahead April of of last
500
2016 year and ' s year-to-date 15.9 % lower sales than of the 1,719 578 . sales last month . April 2017 sales were at their lowest level compared to April of 2016 and
2015 . April YTD sales of 1,771 are running 3.0 % ahead of last year ' s year-to-date sales of 1,719 .
600
500
400
300
400
200
300
200
100
100
0
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 225,900 , up 13.2 % from
M
14
J
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
3 Mo Avg
Prices
$ 199,475 in April of 2016 and up 2.7 % from $ 220,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 225,900 April was , up $ 274,895 13.2 % from , up 11.1 %
$ from 199,475 $ 247,405 in April in of April 2016 of and 2016 up 2.7 and % up from 0.5 $ % 220,000 from $ last 273,615 last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The April Average 2017 Sales ASP was Price at in the April highest was $ level 274,895 compared , up 11.1 to % from
April $ 247,405 of 2016 and in April 2015 of . 2016 and up 0.5 % from $ 273,615 last month . April 2017 ASP was at the highest level compared to
April of 2016 and 2015 .
270
250
230
250
230
210
210
190
190
170
170
150
150
M
M
J
14
J
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
A 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
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 April
The was Total 2,450 Inventory , up 0.7 % of from Properties 2,432 available last month for and sale up as of 6.2 April % from
3,000 was
2,307 2,450 in , April up 0.7 of % last from year 2,432 . April last 2017 month Inventory and up 6.2 was % from at its
3,000
2,500
2,307 highest in April level of compared last year . with April April 2017 of Inventory 2016 and was 2015 at its .
2,500 highest level compared with April of 2016 and 2015 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
2,000
1,500
5.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The April 2017 MSI of 5.0 higher MSI is better for buyers . The April 2017 MSI of 5.0
500
2.0 months was at its highest level compared with April of 2016 and
500 months was at its highest level compared with April of 2016 and
1.0
2015 .
0
2015 .
0
0.0
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 A
14
15
16
17
14
15
16
17
526 476 459
526 476 459 457 435 451 374 493 355 406 579 569 496 615 572 473 473 444 344 509 351 360 470 538 548 532 478 484 466 415 397 450 337 370 578 486
2,445 2,264 2,121 2,058 1,961 457 435 451
2,445 2,264 2,121 2,058 1,961
2,128
2,128 2,184 2,238 374 493 355
2,184 2,238 2,367 406 579 569
2,367 2,427 2,336 2,203
1,987 1,826 1,788 496 615 572 473 473
2,427 2,336 2,203
1,987 1,826 1,788 1,710 1,750
1,710 1,750 1,850 2,008 2,051
444 344
2,439 2,392 2,307
1,850 2,285 2,008 2,051
509 351 360 470
2,285 2,439 2,392 2,307 538 548 532 478 484
2,166 2,062 2,031 1,966 1,989
2,166 2,062 2,031 1,966 1,989 2,047 2,172 2,176
466 415 397
2,361 2,047 2,393 2,432 2,450 450 337
2,172
2,176 2,361 2,393
370 578
2,432 2,450
486
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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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