FL ARCHIVED April 2017 | Page 85

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

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
$ 499,900
0 %
0 %
Average List Price of all Current Listings
$ 708,991
-0%
8 %
April Median Sales Price
$ 405,000
-12% -12% -5%
-5%
$ 459,000
21 %
8 %
April Average Sales Price
$ 492,976
-14% -17% -5%
-8%
$ 591,673
16 %
10 %
Total Properties Currently for Sale ( Inventory )
321
-4%
2 %
April Number of Properties Sold
46 -29%
-4%
165
18 %
April Average Days on Market ( Solds )
136
31 %
13 %
45 %
16 %
120
22 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 409
0 %
-4%
0 %
-6%
$ 428
-3%
-1%
April Sold Price per Square Foot
$ 413
7 %
-3%
1 %
2 %
$ 427
8 %
6 %
April Month ' s Supply of Inventory
7.0
35 % -14%
6 %
-26%
9.4
-4%
-1%
April Sale Price vs List Price Ratio
93.8 % -1.1% . 1 %
. 8 %
1.3 %
93.7 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 46 , down 4.2 % from 48 in April of
2016 and 29.2 % lower than the 65 sales last month . April 2017 Property sales were Sales at their lowest level compared to April of 2016 and 70
April 2015 Property . April YTD sales sales were of 46165 , down are 4.2 running % from 17.9 48 % in ahead April of of last 2016 year and ' s year-to-date 29.2 % lower sales than of the 140 65 . sales last month . April 2017 60 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 165 are running 17.9 % ahead of last 50 year ' s year-to-date sales of 140 . 40 30 20
Number of Properties Sold
10
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 $ 405,000 , down 5.0 % from
800
Prices
$ 426,500 in April of 2016 and down 12.4 % from $ 462,500 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in April Price was in $ 405,000 April was , down $ 492,976 5.0 %, from down
750
800
$
5.0 426,500 % from in $ April 518,946 of 2016 in April and down of 2016 12.4 and % from down $ 462,500 13.8 % from last
700 month . The Average Sales Price in April $ 492,976 , down
750
$ 571,778 last month . April 2017 ASP was at the lowest level
650
5.0 % from $ 518,946 in April of 2016 and down 13.8 % from
700 compared to April of 2016 and 2015 .
600
$ 571,778 last month . April 2017 ASP was at the lowest level
650
550 compared to April of 2016 and 2015 .
600
500
550
450
500
400
450
350
400
350
300
300
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
The was Total 321 , Inventory down 4.2 % of from Properties 335 last available month for and sale up as 1.9 of % April from 315 was in April 321 , down of last 4.2 year % from . April 3352017 last month Inventory and was up 1.9 at % its from highest 315 level
400
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
in compared April of last with year April . April of 2016 2017 Inventory and 2015 . was at its highest level compared with April of 2016 and 2015 .
350
300
250
14.0
12.0
200
300 250
200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 7.0 a
higher MSI is better for buyers . The April 2017 MSI of 7.0
100 months was at its highest level compared with April of 2016 and months was at its highest level compared with April of 2016 and 50 2015 . 2015 .
0

Fort Myers Agent Name Beach Title Phone Website Other

Community Information | School District

70 60 50 40 30 20 10
66 54 29 30 37 31 37 50 33 32 52 63 52 40 35 37 28 34 30 30 40 27 25 48 44 40 25 23 24 29 27 45 26 28 65 46
343
150 100 50 0
311
M J 14
66 343 299
54 311
291 29 30 37 31 37 50 33
281 299
306 291
315 281
294 306
313 315 298
294 295
313 32 298
278 272
52 295 255
63 278 246 230
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
15 15
Number of Properties Sold
52
272 40
255
215 35 37 28 34
244
246
230 267
215 276
244 292
267 325
276 330
315 292
304 325
282 330
270 315
262 304 262 282
274 270 297 262 301 262
342
274 344 297 335 301 321
342
J A S O N D J F M A M J F M A M J 16
J A S O N D J
16
30 30 40 27 25 48 44 40 25 23
J A S O N D J F M A
17
J A S O N D J
17
24 29
3 Mo Avg
27 45
344 26
335 28
321
10.0 8.0 6.0 4.0 2.0 0.0 F M A
3 Mo Avg
65 46
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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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