FL ARCHIVED April 2017 | Page 77

Market Action Report April 2017
Phone Community Information | School District

County : Lee

Price Range : All | Properties : SFH - Con

Lee County

Agent Name
Market Action Report April 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
$ 305,000
-2%
-0%
Average List Price of all Current Listings
$ 478,795
-2%
0 %
April Median Sales Price
$ 235,000
0 %
2 %
6 %
9 %
$ 230,000
9 %
7 %
April Average Sales Price
$ 317,134
-5%
-1%
0 %
7 %
$ 320,033
5 %
8 %
Total Properties Currently for Sale ( Inventory )
9,266
-2%
9 %
April Number of Properties Sold
1,646 -15%
-9%
5,974
4 %
April Average Days on Market ( Solds )
81
-5%
-5%
9 %
5 %
85
18 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 182
-2%
-3%
1 %
0 %
$ 187
2 %
3 %
April Sold Price per Square Foot
$ 173
-0%
1 %
4 %
10 %
$ 171
8 %
8 %
April Month ' s Supply of Inventory
5.6
15 %
-8%
19 %
-0%
6.6
6 %
16 %
April Sale Price vs List Price Ratio
93.8 %
-. 2 % -. 1 % -. 5 %
-. 5 %
93.9 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 April Property sales were 1,646 , down 9.1 % from 1,811 in April of
2016 and 14.8 % lower than the 1,933 sales last month . April Property 2017 sales Sales were at their lowest level compared to April of 20162,5002,000
April and Property 2015 . April sales YTD were sales 1,646 of , 5,974 down 9.1 are % running from 1,811 3.9 in % April ahead of of 2016 last and year 14.8 ' s year-to-date % lower than sales the 1,933 of 5,748 sales . last month . April 2017 sales were at their lowest level compared to April of 2016 2,0001,500 and 2015 . April YTD sales of 5,974 are running 3.9 % ahead of last year ' s year-to-date sales of 5,748 .
1,5001,000
Title
Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
500
1,905 1,665 1,438 1,448 1,346
500 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 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in April was $ 235,000 , up 6.3 % from
350
Prices $ 220,990 in April of 2016 and up 0.0 % from $ 234,900 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in April Price was in $ 235,000 April was , up $ 317,134 6.3 % from , up 0.5 %
330
350 $ from 220,990 $ 315,667 in April in of April 2016 of and 2016 up and 0.0 % down from 4.6 $ 234,900 % from last $ 332,300 310 month . The Average Sales Price in April was $ 317,134 , up 0.5 %
330
last month . April 2017 ASP was at the highest level compared to 290 from $ 315,667 in April of 2016 and down 4.6 % from $ 332,300 310 April of 2016 and 2015 .
270 last month . April 2017 ASP was at the highest level compared to 290 250
April of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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 J 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 9,266 Inventory , down 2.4 of % Properties from 9,489 available last month for sale and as of up April 8.6 % from 12,000
9.0 was 8,535 9,266 in , April down of 2.4 last % from year . 9,489 April last 2017 month Inventory and up was 8.6 % at from its 12,000
9.0 8.0 10,000
8,535 highest in April level of compared last year . with April April 2017 of Inventory 2016 and was 2015 at its .
8.0 7.0 10,000 highest level compared with April 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 April 2017 MSI of 5.6 2.0 higher MSI is better for buyers . The April 2017 MSI of 5.6 2,000
2.0 months was at its highest level compared with April of 2016 and 2,000
1.0 months was at its highest level compared with April of 2016 and
1.0 2015 .
0 0.0
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
1,462 1,249 1,660 1,210 1,429 1,947 2,039
1,905 1,665 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 1,464 1,492 1,440 1,155 1,557 1,144 1,170 1,623 1,811 1,797 1,656 1,440 1,503 1,367 1,290 1,306 1,461 1,175 1,220 1,933 1,646
8,303 7,829 7,523 7,308 7,266 7,625 7,736 7,811 8,365 8,350 8,029 7,590 7,049 6,646 6,360
1,868
8,303 7,829 7,523 7,308 7,266 7,625 7,736 7,811 8,365 8,350 8,029 7,590 7,049
1,905 1,721 1,464 1,492
6,167 6,232 6,646 7,120 7,260
1,440
8,177 8,819
1,155
6,646 6,360 6,167 6,232 6,646 7,120 7,260 1,557 1,144
8,839 8,535 8,134 1,170 1,623 1,811 1,797 1,656 1,440
7,777 7,487 7,315 7,461 7,874 8,306 8,451
1,503
8,177 8,819 8,839 8,535 8,134 7,777 7,487 7,315 7,461 1,367 1,290 1,306
7,874 8,306 8,451
9,294 9,592 9,489 9,266 1,461 1,175 1,220 1,933
9,294 9,592 9,489 9,266
1,646
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