FL ARCHIVED April 2017 | Page 57

Market Action Report April 2017 NAPLES City: Naples Agent Name Market Action Report April 2017 Title Phone Agent Website Name Title Other Phone Trending versus*: Month Website LM L3M PYM LY $1,975,000 -1% Other 1% Community Information | School District City: Naples Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Median List Price of all Current Listings Price Range: $1,000,000 and Up | Properties: SFH - Con $3,015,723 $1,787,500 Month $2,575,836 $1,975,000 Total Properties for Sale (Inventory) 1,338 Average List Price Currently of all Current Listings $3,015,723 April Median Number Sales of Properties Sold 104 April Price $1,787,500 April Average Average Sales Days Price on Market (Solds) 153 April $2,575,836 Asking Price per Currently Square Foot (based on New Listings) $767 Total Properties for Sale (Inventory) 1,338 April Number Sold Price per Square Sold Foot $747 April of Properties 104 April Average Month's Days Supply Inventory 12.9 April on of Market (Solds) 153 April Sale Price List Price 89.2% Asking Price per vs Square Foot Ratio (based on New Listings) $767 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Sold Price per Square Foot $747 April Month's Supply of Inventory 12.9 Property Sales April Sale Price vs List Price Ratio 89.2% 140 Average List Price of all Current Listings April Median Sales Price Market Profile & Trends Overview April Average Sales Price Median List Price of all Current Listings April Property sales were / 104, down 16.8% from 125 in April * LM=Last Month / L3M=Last 3 Months PYM=Same Month Prior Year / LY=Last Year (2016) of / YTD = Year-to-date 0% Trending versus*: -4% Trending versus*: -3% 0% PYM 15% 8% $1,794,500 6% YTD Prior 9% Year LM L3M LY YTD Prior -0% 5% 8% 1% 4% 14% -1% 13% $2,475,762 -5% 12% 0% -4% -5% 0% -17% 352 -2% -3% 15% 8% $1,794,500 6% 9% -4% -1% 33% 13% 11% $2,475,762 154 18% 12% -0% 4% 14% 5% 8% 9% 10% 12% 10% 11% $698 1% 1% -5% 3% 5% -17% 6% 14% $714 5% 9% -5% 352 -2% 0% -17% 34% -25% 16.6 22% -3% -4% -1% 33% 11% 154 18% 12% .3% -.3% -3.3% 89.5% -3% -2% 9% 10% 10% -2.2% 11% $698 1% 1% 3% 5% 6% 14% $714 5% 9% Number 0% -17% 34% -25% of Properties 16.6 Sold 22% -3% .3% -.3% -3.3% -2.2% 89.5% -3% -2% 120 3 Mo Avg Number of Properties Sold 3 Mo Avg 100 140 80 120 60 100 71 78 Median Sales Price and Average Sales Price Prices 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 20 0 40 20 60 40 80 2016 and 5.5% lower than the 110 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April Sales YTD sales of 352 are running 2.5% behind last Property year's year-to-date 361. April Property sales sales were of 104, down 16.8% from 125 in April of 2016 and 5.5% lower than the 110 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 352 are running 2.5% behind last year's year-to-date sales of 361. Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg 0 The Median Sales Price in April was $1,787,500, up 14.6% from 2,800 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 $1,560,000 in April of 2016 and down 2.7% from $1,837,500 15 16 17 last month. The Average Sales Price in April was $2,575,836, up 2,600 14 14.1% from $2,257,050 in April of 2016 and down 0.5% from Median Sales Price and Average Sales Price Prices 2,400 3 Mo Avg $2,588,011 last month. was at the level The Median Sales Price in April April 2017 was ASP $1,787,500, up highest 14.6% from 2,800 compared to April of 2016 and 2015. 2,200 $1,560,000 in April of 2016 and down 2.7% from $1,837,500 last month. The Average Sales Price in April was $2,575,836, up 2,600 2,000 14.1% from $2,257,050 in April of 2016 and down 0.5% from 2,400 1,800 $2,588,011 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 2,200 1,600 2,000 1,400 1,800 1,600 Inventory & MSI The Total Inventory of Properties available for sale as of April was 1,338, down 5.2% from 1,412 last month and up 11.8% from 1,197 in April of last year. April 2017 Inventory was at its highest level compared with April of 2016 and 2015. 1,400 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 Total Inventory & Month's Supply of Inventory (MSI) 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 1,600 30.0 14 15 16 17 1,400 25.0 1,200 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI 20.0 1,000 The Total Inventory of Properties available for sale as of April 30.0 800 15.0 was 1,338, down 5.2% from 1,412 last month and up 11.8% from 1,600 1,400 600 1,197 in April of last year. April 2017 Inventory was at its 25.0 10.0 A comparatively lower MSI is more beneficial for sellers while a highest level compared with April of 2016 and 2015. 1,200 400 higher MSI is better for buyers. The April 2017 MSI of 12.9 20.0 5.0 200 months was at its highest level compared with April of 2016 and 1,000 15.0 800 0 0.0 2015. 600 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 10.0 A comparatively lower MSI is more beneficial for sellers while a 15 16 17 400 14 higher MSI is better for buyers. The April 2017 MSI of 12.9 5.0 200 months was at its highest level compared with April of 2016 and 0.0 0 2015. M J and J Up A | Property S O Types: N D SFH J F - Con 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 14 Association of REALTORS, My 15 Florida Regional MLS, Naples Area Board of REALTORS, 16 Data is provided courtesy of Greater Fort Lauderdal e REALTORS, REALTOR Association of Martin County, Miami REALTORS Association of the Palm 17 Beaches, Space Coast Association of REAL 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. Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con Coldwell Banker Global Luxury SM | 57 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 REA 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.