FL ARCHIVED January 2017 | Page 11

Market Action Report January 2017
Phone Community Information | School District

City : Cape Coral

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report January 2017

Phone Community Information | School District

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
$ 289,000
0 %
5 %
Average List Price of all Current Listings
$ 378,601
-1%
3 %
January Median Sales Price
$ 215,000
-0%
2 %
9 %
5 %
$ 215,000
9 %
5 %
January Average Sales Price
$ 259,282
-2%
2 %
6 %
5 %
$ 259,282
6 %
5 %
Total Properties Currently for Sale ( Inventory )
2,494
14 %
9 %
January Number of Properties Sold
306 -31%
-13%
306
-13%
January Average Days on Market ( Solds )
79
7 %
7 %
16 %
13 %
79
16 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 164
-2%
0 %
6 %
6 %
$ 164
6 %
6 %
January Sold Price per Square Foot
$ 142
1 %
2 %
5 %
5 %
$ 142
5 %
5 %
January Month ' s Supply of Inventory
8.2
65 %
31 %
25 %
67 %
8.2
25 %
67 %
January Sale Price vs List Price Ratio
94.7 %
-. 4 % -. 4 %
. 2 %
-. 2 %
94.7 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
700
January Property sales were 306 , down 12.6 % from 350 in
January of 2016 and 30.9 % lower than the 443 sales last month .
600
Number of Properties Sold
3 Mo Avg
Property
January 2017 Sales sales were at their lowest level compared to
700
January Property of 2016 sales and 2015 were . 306 January , down YTD 12.6 % sales from of 350 306 in are
500
January running of 12.6 2016 % and behind 30.9 last % lower year than ' s year-to-date the 443 sales sales last of month 350 . .
January 2017 sales were at their lowest level compared to
600
400
January of 2016 and 2015 . January YTD sales of 306 are
500
running 12.6 % behind last year ' s year-to-date sales of 350 .
300
400
200
300
200
100
100
0
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
0
14
15
16
17
Prices
The Median Sales Price in January was $ 215,000 , up 9.1 % from
F
M A M J
14
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Prices
$ 197,038 in January of 2016 and down 0.4 % from $ 215,900
The last Median month Sales . The Price Average in January Sales Price was $ in 215,000 January , up was 9.1 % $ 259,282 from ,
$ up 197,038 5.8 % in from January $ 245,088 of 2016 in and January down of 0.4 2016 % from and $ down 215,900 2.3 %
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
last from month $ 265,367 . The Average last month Sales . January Price in January 2017 ASP was was $ 259,282 at the highest , up 5.8 % from $ 245,088 in January of 2016 and down 2.3 %
270 level compared to January of 2016 and 2015 . from $ 265,367 last month . January 2017 ASP was at the highest
250
250
230
level compared to January of 2016 and 2015 .
230
210
210 190 170 150
358 448 456
Title
358 448 456 526 476 459 457 435 451 374 493 355 406 579 569 496 615 572 472 472 444 344 508 350 359 470 538 548 530 475 482 462 412 390 443 306
190 170 150
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
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
January Total Inventory was 2,494 of , up Properties 14.0 % from available 2,187 for last sale month as of and up 9.1 %
3,000
January from 2,286 was 2,494 in January , up 14.0 of % last from year 2,187 . January last month 2017 and Inventory up 9.1 % was
3,000
2,500 from at its 2,286 highest in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was .
2,500 at its highest level compared with January of 2016 and 2015 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
2,000
6.0
1,500
5.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The January 2017 MSI of 8.2 higher MSI is better for buyers . The January 2017 MSI of 8.2
500
2.0 months was at its highest level compared with January of 2016
500 months was at its highest level compared with January of 2016
1.0 and 2015 .
0 and 2015 .
0
0.0
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 S O N D J
14
14
15
15
16
16
17
17
2,835
2,790 2,592 2,444 2,263 2,120
Website Other
526 476 459 457 435 451
2,057
1,960 2,127 2,183 2,237
374 493 355 406 579 569
2,366 2,426 2,336 2,203
1,987 1,826 1,789
496 615 572
1,711 1,752 1,851
2,009 472
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
14
15
16
17
2,835
2,790 2,592 2,444 2,263 2,120 2,057 1,960 2,127 2,183 2,237 2,366 2,426 2,336 2,203
1,987 1,826 1,789 1,711
472 444 344
2,439 2,389 2,305
1,752 2,052
1,851 2,286
2,009 2,052
508
2,286 350 359 470 538 548 530 475
2,439 2,389 2,305 2,162 2,057 2,027 1,962
1,983 2,494
2,162 2,057 2,027 1,962 1,983 2,043 2,166 2,187 482 462 412
2,043 2,166
390 443
2,187 2,494
306
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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