FL ARCHIVED April 2018 | Page 74
County: Lee
County: Lee
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April 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
April Property sales were 2,086, up 20.1% from 1,737 in April of
2017 and 11.6% higher than the 1,869 sales last month. April
Property
2018 sales Sales
were at their highest level compared to April of 2017
2,500 2,000
April
sales
were
2,086,
up 20.1%
1,737
in April
of of
and Property
2016. April
YTD
sales
of 6,559
are from
running
7.1%
ahead
2017
11.6%
higher than
the of
1,869
sales last month. April
last and
year's
year-to-date
sales
6,126.
1,500
2018 sales were at their highest level compared to April of 2017
and 2016. April YTD sales of 6,559 are running 7.1% ahead of
last year's year-to-date sales of 6,126.
93%
92.6%
92.5%
91%
The Median Sales Price in April was $242,500, up 4.5% from
400
Prices
$232,000 in April of 2017 and up 1.0% from $240,000 last
The
Median
Sales
Price Sales
in April
was in
$242,500,
4.5% from up 9.3%
month.
The
Average
Price
April was up $346,891,
400
$232,000
in April in of April
2017 of and
up and
1.0% up
from
$240,000
last
from $317,484
2017
4.9%
from $330,667
last 350
month.
Average
Price at in the
April
was $346,891,
up 9.3% to
month. The
April
2018 Sales
ASP was
highest
level compared
from
April
of 2017 and up 4.9% from $330,667 last 350 300
April $317,484
of 2017 in
and
2016.
month. April 2018 ASP was at the highest level compared to
April of 2017 and 2016.
90%
89%
200
Inventory / New Listings / Sales
7,000
3,000
5,000
150
6,000
4,000
300
250
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
15
16
17
18
Inventory / New Listings / Sales
2,000
Inventory & MSI
3 Mo Avg
200
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
16 A M J J A S O N D J F M 17
M J 15 J A S O N D J F M
A M J J A S O N D J F M A 18
15
16
17
18
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
12,000
was Total
9,729,
up 2.1% of from
9,525 available
last month
from
The
Inventory
Properties
for and
sale up
as 8.1%
of April
12,000
9,003
in
April
of
last
year.
April
2018
Inventory
was
at
its
was 9,729, up 2.1% from 9,525 last month and up 8.1% from
10,000
9,003
in April
last year. with
April April
2018 of Inventory
at its
highest
level of
compared
2017 and was
2016.
10,000
8,000
highest level compared with April of 2017 and 2016.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
6,000
6,000
0
Median Sales Price and Average Sales Price
250
8,000
1,000
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 F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
15
16
17
18
Prices
93.7%
94%
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
15
16
17
18
A comparatively lower MSI is more beneficial for sellers while a
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
95%
0
0
500
3 Mo Avg
92%
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 April 2018 was 1,098, down 22.1% from 1,410 last
month and down 1.3% from 1,112 in April of last year.
1,500 1,000
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
3 Mo Avg
2,000
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
Number of Properties Sold
1,000 500
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
15
16
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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 April 2018 Selling Price vs Original
List Price of 92.6% was down from 93.1% last month and up
from 92.5% in April of last year.
3 Mo Avg
2,500
277
277
275
-6%
3%
7%
1%
0%
$183 4% 2% 6% 9%
$179
5%
7%
4.7 -8% -17% -10% -22%
6.0
-7%
1%
of 94.1%
Properties
94.2% .1% .2% .4% Number
.4%
0% Sold 0%
April Month's Supply of Inventory
300
290
280
270
260
250
240
230
220
210
200
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
3 Mo Avg
Selling Price per Square Foot
Selling Price per Square Foot
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
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
15
16
17
18
April Average Days on Market (Solds)
7% 4%
-6% 9%
4%
5%
-6%
-7%
3%
0%
0%
$193
6,559
7%
9%
$179
80
-6%
-22%
6.0
$193
4%
.4%
94.1%
0
$237,500 6,559
3%
$339,568
6%
-9%
80
20
Trending versus*:
Prior YTD 3%
Prior Year 4%
6% YTD
$237,500
11%
$339,568
6%
9%
60
Trending versus*:
Prior YTD Prior Year
YTD
86
80
40
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Sin ce 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 April 2018 Selling Price per Square Foot of $277 was down
1.8% from $282 last month and down 0.0% from 277 in April of
last year.
$299,900
-3%
-2%
Other
$485,494 Trending
-2% versus*: 1%
Month
LM 1%
L3M 2%
PYM 5%
LY
$242,500
$299,900
-3% 5% 2%
-2% 9%
$346,891
$485,494 9,729
-2% 2%
1% 8%
$242,500 2,086
1% 12%
2% 5% 20%
6%
$346,891 5%
2%
9%
11%
77 -4% -4% -5%
9,729 2%
8%
$187 -2% -3% 5%
2,086 12%
20%
$183 4% 2% 6%
77 -4% -4% -5% -9%
4.7 -8% -17% -10%
$187 -2% -3% 5% 0%
94.2% .1% .2% .4%
Average List Price of all Current Listings
100
105
106
Trending versus*:
L3M PYM
LY
120
LM
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 April was 105, down 2.8% from
108 days last month and down 0.9% from 106 days in April of
last year. The April 2018 DOM was at a mid level compared
with April of 2017 and 2016.
Phone
Month
Website
3 Mo Avg
140
April 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
Title
Phone
Agent
Name
Website
Other
Title
Price Range: All | Properties: SFH - Con
Agent Name
Market Action Report
Community Information | School District
Lee County
Title
Phone
Website
Other
April 2018
Agent Name
Naples
City: Naples
Market Action Report
April 2018
Market Action Report
4,000
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
4,000
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2018
MSI while
of 4.7 a
higher
MSI
is better
for buyers.
April 2018
of of
4.7 2017 and 2,000 2,000
months
was
at its lowest
level The
compared
with MSI
April
months
0
2016. was at its lowest level compared with April of 2017 and
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
0
2016.
M J J Area
A S O of N REALTORS,
D J F M A Coast
M J J A of S REALTORS,
O N D J F M Association
A M J REALTORS
J A S and
O N not
D J F M A
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 of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association,
M J J Navarre
A S O N Board
D J F M A Emerald
M J J A Association
S O N D J F M Pensacola
A M J J A S of O
N D J F may
M A reflect all relevant real estate
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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.
15
16
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18
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
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74 | c o l d w e l l b a n k e r h o m e s . c o m
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
c o l dw el l b a n k er h o m es . c o m
| 75
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.