FL ARCHIVED August 2017 | Page 83

Market Action Report August 2017
Community Information | School District
Market Action Report August 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
$ 495,000
0 %
-1%
Average List Price of all Current Listings
$ 738,756
3 %
10 %
August Median Sales Price
$ 347,450
-23% -18% -20% -18%
$ 435,000
7 %
2 %
August Average Sales Price
$ 489,363
-6%
-3%
17 %
-9%
$ 548,254
7 %
2 %
Total Properties Currently for Sale ( Inventory )
255
-6%
-3%
August Number of Properties Sold
30
3 %
30 %
319
17 %
August Average Days on Market ( Solds )
133
24 %
27 %
24 %
14 %
113
3 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 471
-16% -3%
13 %
9 %
$ 449
3 %
4 %
August Sold Price per Square Foot
$ 395
-7%
3 %
14 %
-2%
$ 407
5 %
1 %
August Month ' s Supply of Inventory
8.5
-9%
-4% -26% -10%
8.6
-8%
-9%
August Sale Price vs List Price Ratio
89.1 % -2.7% -2.7% -3.9% -3.8%
92.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales August Property sales were 30 , up 30.4 % from 23 in August of
2016 and 3.4 % higher than the 29 sales last month . August Property 2017 sales Sales were at a mid level compared to August of 2016 and 70
August 2015 . Property August YTD sales sales were of 30319 , up are 30.4 running % from 23 16.8 in % August ahead of of last 2016 year and ' s year-to-date 3.4 % higher sales than of the 273 29 . sales last month . August 60 2017 sales were at a mid level compared to August of 2016 and 2015 . August YTD sales of 319 are running 16.8 % ahead of last 50 year ' s year-to-date sales of 273 .
40

Fort Myers Agent Name Beach Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
37 31 37 50 33 32 52 63 52 40 35 37 28 34 30 30 40 27 26 48 44 40 25 23 24 29 27 45 26 28 66 47 61 32 29 30
281
37 31
306
315 281
294 306 37 315 313
50 294 298
33 313 295
32 298 278
52 295 272
63 278 255
52 272
246 40 255
230
215 35 37
Number of Properties Sold
10
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in August was $ 347,450 , down 20.1 %
800
Prices from $ 435,000 in August of 2016 and down 22.8 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 450,000 Median last Sales month Price . in The August Average was $ Sales 347,450 Price , down in August 20.1 % was
750
800 from
$ 489,363 $ 435,000 , up in 17.4 August % from of $ 2016 416,941 and in down August 22.8 of % from 2016 and down
700
$ 450,000 last month . The Average Sales Price in August was
750
5.6 % from $ 518,259 last month . August 2017 ASP was at the
650
$ 489,363 , up 17.4 % from $ 416,941 in August of 2016 and down
700 highest level compared to August of 2016 and 2015 .
600
5.6 % from $ 518,259 last month . August 2017 ASP was at the
650
550 highest level compared to August of 2016 and 2015 .
600
500
550
450
500
400
450
350
400
350
300
300
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
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
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 255 , Inventory down 5.6 of % Properties from 270 last available month for and sale down as of 3.4 August % from was 264255 in , August down 5.6 of % last from year 270 . August last month 2017 and Inventory down 3.4 was % from at a mid
400
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
16.0
14.0
264 level in compared August of last with year August . August of 2016 2017 and Inventory 2015 . was at a mid level compared with August of 2016 and 2015 .
350
300
300
250
14.0
12.0
12.0
10.0
250
200
10.0
8.0
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 August for 2017 sellers MSI while of 8.5 a higher MSI is better for buyers . The August 2017 MSI of 8.5
100 months was at a mid level compared with August of 2016 and months was at a mid level compared with August of 2016 and
50
2015 .
2015 .
0
150
8.0
6.0
100
4.0
50
2.0
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 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
6.0
4.0
2.0
0.0
28 34 30 30 40
246 245 230 268 215 277 245 293 268 326
277 332
317 293
27 26 48 44 40 25 23 24 29 27 45 26 28
3 Mo Avg
66
306 326
284 332
272 317
264 306
264 284
276 272
299 264
264 303 276
343 345 299 332 303
308 343
311 345
284 332
270 308
255 311
47 284
61 270
3 Mo Avg
32
255 29 30
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 83