FL ARCHIVED February 2017 | Page 81

Market Action Report February 2017
Community Information | School District
Market Action Report February 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
$ 279,909
-2%
1 %
Average List Price of all Current Listings
$ 374,992
-1%
1 %
February Median Sales Price
$ 215,125
0 %
1 %
10 %
5 %
$ 215,000
10 %
5 %
February Average Sales Price
$ 263,022
2 %
2 %
5 %
6 %
$ 260,518
5 %
5 %
Total Properties Currently for Sale ( Inventory )
2,566
6 %
5 %
February Number of Properties Sold
349
5 %
-3%
682
-4%
February Average Days on Market ( Solds )
90
15 %
15 %
38 %
29 %
84
27 %
20 %
Asking Price per Square Foot ( based on New Listings )
$ 165
2 %
0 %
5 %
7 %
$ 164
5 %
6 %
February Sold Price per Square Foot
$ 146
3 %
3 %
8 %
8 %
$ 144
7 %
7 %
February Month ' s Supply of Inventory
7.4
1 %
13 %
9 %
51 %
7.3
10 %
50 %
February Sale Price vs List Price Ratio
94.1 %
-. 7 % -. 9 % -1.2% -. 9 %
94.5 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Cape Agent Coral

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
700
February Property sales were 349 , down 3.1 % from 360 in
February of 2016 and 4.8 % higher than the 333 sales last
600
Number of Properties Sold
3 Mo Avg
Property month . February Sales 2017 sales were at their lowest level compared
700
February to February Property of 2016 sales and were 2015 349 . , February down 3.1 % YTD from sales 360 of in 682 are
500
February running of 3.9 2016 % behind and 4.8 last % higher year ' s than year-to-date the 333 sales last of 710 . month . February 2017 sales were at their lowest level compared
to February of 2016 and 2015 . February YTD sales of 682 are running 3.9 % behind last year ' s year-to-date sales of 710 .
600
500
400
300
400
200
300
200
100
100
0
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
0
14
15
16
17
Prices
The Median Sales Price in February was $ 215,125 , up 10.1 %
M
A M J
14
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
3 Mo Avg
Prices from $ 195,450 in February of 2016 and up 0.1 % from $ 215,000
The last Median month Sales . The Price Average in February Sales Price was in $ 215,125 February , up was 10.1 $ % 263,022 , from up 4.7 $ 195,450 % from in $ 251,300 February in of February 2016 and of up 2016 0.1 % and from up $ 2.0 215,000 % from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 257,893 month . last The month Average . February Sales Price 2017 in February ASP was was at the $ 263,022 highest , up level 4.7 % compared from $ 251,300 to February in February of 2016 of 2016 and 2015 and up . 2.0 % from
$ 257,893 last month . February 2017 ASP was at the highest
level compared to February of 2016 and 2015 .
270
250
230
250
230
210
210
190
190
170
170
150
150
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
14 M J
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
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
The
February Total Inventory was 2,566 of , Properties up 6.3 % from available 2,413 for last sale month as of and up
3,000
February
5.3 % from was 2,437 2,566 in , up February 6.3 % from of last 2,413 year last . month February and 2017 up
3,000
2,500
5.3
Inventory % from 2,437 was at in its February highest of level last year compared . February with 2017 February of
2,500
Inventory
2016 and was 2015 at . its highest level compared with February of
2,000
2016 and 2015 .
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
8.0
7.0
6.0
5.0
4.0
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 February 2017 MSI of 7.4 higher MSI is better for buyers . The February 2017 MSI of 7.4
500
2.0 months was at its highest level compared with February of
2016500 months was at its highest level compared with February of 2016
1.0 and 2015 .
0 and 2015 .
0
0.0
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 S O N D J
F
14
15
16
17
14
15
16
17
3.0
2.0
1.0
0.0
448 456 526
448 456 526 476 459 457 435 451 374 493 355 406 579 569 496 615 572 472 472 444 344 508 350 360 470 538 548 530 475 483 464 414 391 445 333 349
2,790 2,592 2,444 2,263 2,120 476 459
2,790 2,592 2,444 2,263 2,120 457 435 451
2,057 1,960
2,127
2,057
1,960 2,127 2,183 2,237
374
2,183 493 355 406 579 569
2,366 2,426 2,335 2,202
1,986 1,825 1,788
496
2,237 2,366 2,426 2,335 2,202
1,986
615 572 472 472
1,825 1,788 1,711 1,751
1,711 1,751 1,850 2,007 2,051
444
344 2,387 2,303
1,850 2,284
2,007 2,437
2,051 508 350
2,284
2,437 360 470 538 548 530 475
2,161 2,056 2,025 1,960 1,982 2,039 2,166 2,170
483
2,387 2,303 2,161 2,056 2,025 1,960 1,982
464
2,413
2,566 414 391
2,039 2,166 2,170
445 333
2,413 2,566
349
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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