FL ARCHIVED August 2017 | Page 79

Market Action Report August 2017
Community Information | School District
Market Action Report August 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
$ 276,000
-1%
1 %
Average List Price of all Current Listings
$ 368,720
-1%
-0%
August Median Sales Price
$ 225,133
3 %
2 %
12 %
10 %
$ 220,000
10 %
7 %
August Average Sales Price
$ 268,761
5 %
2 %
13 %
9 %
$ 266,148
10 %
8 %
Total Properties Currently for Sale ( Inventory )
2,057
4 %
4 %
August Number of Properties Sold
496
1 %
2 %
3,908
4 %
August Average Days on Market ( Solds )
72
-6%
-4%
3 %
3 %
77
13 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 156
1 %
0 %
4 %
1 %
$ 157
4 %
2 %
August Sold Price per Square Foot
$ 144
0 %
0 %
10 %
7 %
$ 145
9 %
7 %
August Month ' s Supply of Inventory
4.1
3 %
5 %
2 %
-15%
4.7
-3%
-3%
August Sale Price vs List Price Ratio
95.4 %
. 7 %
. 7 %
. 4 %
. 5 %
94.7 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
700
August Property sales were 496 , up 2.3 % from 485 in August of
2016 and 0.8 % higher than the 492 sales last month . August
600
Property
2017 sales Sales were at their highest level compared to August of
700
August
2016 and Property 2015 . sales August were YTD 496 , sales up 2.3 of % 3,908 from 485 are running August 3.8 of %
500
2016 ahead and of 0.8 last % year higher ' s year-to-date than the 492 sales of last 3,764 month . . August
2017 sales were at their highest level compared to August of
600
400
2016 and 2015 . August YTD sales of 3,908 are running 3.8 %
500
ahead of last year ' s year-to-date sales of 3,764 .
300
400
200
300
200
100
Prices
The Median Sales Price in August was $ 225,133 , up 11.5 % from
Prices
$ 201,900 in August of 2016 and up 3.0 % from $ 218,500 last
290
The month Median . The Sales Average Price Sales in August Price was in August $ 225,133 was , up $ 11.5 268,761 % from , up
$
13.2 201,900 % from in August $ 237,514 of 2016 in August and up of 3.0 2016 % from and $ up 218,500 5.4 % from last
290
270
month
$ 254,939 . The last Average month Sales . August Price in 2017 August ASP was $ at 268,761 the highest , up level
13.2 % from $ 237,514 in August of 2016 and up 5.4 % from
270 compared to August of 2016 and 2015 .
$ 254,939 last month . August 2017 ASP was at the highest level
250
250
230
compared to August of 2016 and 2015 .
230
210

Cape Agent Coral

Name
Title Phone Website Other

Community Information | School District

100 0
0
210 190
190 170
435 451
Number of Properties Sold
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
14
15
16
17
J
F M A M
Median J
J A S OSales N D JPrice F M Aand M JAverage
J
A S O Sales N D
J Price
F M A M J
15
16
17
J
A
3 Mo Avg
Median Sales Price and Average Sales Price
435 451 374 493 355 406 579 569 496 615 572 473 474 444 344 509 351 361 471 538 548 532 478 485 466 416 398 449 339 372 584 513 550 562 492 496
S O N D 14
170
150
150
S
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
O
14 N D
J
F
15 M 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 M J
J
A
J
A
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 August
The was Total 2,057 Inventory , up 4.1 % of from Properties 1,976 last available month for and sale up as 4.3 of % August from
3,000 was
1,972 2,057 in , August up 4.1 % of from last 1,976 year . last August month 2017 and Inventory up 4.3 % from was at its
3,000
2,500
1,972 highest in August level compared of last year with . August 2017 of Inventory 2016 and was 2015 at . its
2,500 highest level compared with August 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 August 2017 MSI of 4.1 higher MSI is better for buyers . The August 2017 MSI of 4.1
500
2.0 months was at its highest level compared with August of 2016
500 months was at its highest level compared with August of 2016
1.0 and 2015 .
0 and 2015 .
0
0.0
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 M J
J A
14
15
16
17
14
15
16
17
1,962
1,962 2,129 2,185 2,239
374
2,129
2,185 493 355 406 579 569 496
2,239 2,368 2,428 2,337 2,204 1,988
2,368 2,428 2,337 2,204
1,988 1,827 1,789
615 572
1,712 1,752 1,852 2,010 2,053
Number of Properties Sold
473 474
1,827 1,789 1,712 1,752 444 344 509
2,441 2,395 2,310
1,852
2,287 2,010
2,053
351 361 471 538 548 532 478
2,287 2,441 2,395 2,310 2,169 2,065 2,036 1,972
485
2,169 2,065 2,036 1,972 1,994 2,051 2,178 2,183 466 416 398
2,369 2,402 2,371
1,994 2,051
449 339 372
3 Mo Avg
584
3 Mo Avg
2,239 2,136 2,050 1,976 2,057 513 550
2,178
2,183 2,369 2,402 2,371 2,239 2,136 2,050
3 Mo Avg
562 492
1,976 2,057
496
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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