FL ARCHIVED July 2017

Market Action Report July 2017 County: Collier COLLIER COUNTY Market Action Report Agent Name July 2017 Title Phone Name Agent Website Title Other Phone Trending versus*: Website LM L3M PYM LY Month Other 3% $1,950,000 0% County: Collier Information | School District Community Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Price Range: $1,000,000 and Up of | Properties: SFH - Con Median List Price all Current Listings Trending versus*: Prior YTD Prior Year YTD Trending versus*: $2,956,981 1% Trending versus*: -1% Month LM LY YTD Prior $1,637,500 3% L3M -2% PYM -9% 3% $1,687,000 6% YTD Prior 6% Year $1,950,000 3% 4% -12% 0% $2,380,459 16% 7% $2,305,652 1% 3% $2,956,981 1% -1% 1,213 -7% -5% $1,637,500 3% -2% 12% -9% 3% $1,687,000 6% 6% 76 -31% 789 13% July Average Sales Price $2,380,459 16% 4% -12% 7% $2,305,652 1% 3% July Average Days on Market (Solds) 165 1% 9% 36% 13% 157 19% 8% Total Properties Cur rently for Sale (Inventory) 1,213 -7% -5% Asking Price per Square Foot (based on New Listings) $706 3% -2% 2% 4% $693 2% 2% July of Properties 76 -31% 12% -4% 789 13% July Number Sold Price per Square Sold Foot $614 3% -4% -11% $654 0% 2% July on of Market (Solds) 165 34% 1% 33% 9% -15% 36% -10% 13% 157 19% 8% July Average Month's Days Supply Inventory 16.0 14.2 -3% -20% Asking Price per Square Foot (based on New Listings) $706 3% -2% 2% 4% $693 2% 2% July Sale Price vs List Price Ratio 87.9% -1.0% -1.1% -2.8% -3.0% 89.1% -2% -2% July Sold Price per 3 Square Foot Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date $614 3% -4% -11% -4% $654 0% 2% * LM=Last Month / L3M=Last Months / PYM=Same July Month's Supply of Inventory 16.0 34% 33% -15% -10% 14.2 -3% -20% Number of Properties Sold July Sale Price vs List Price Ratio 87.9% -1.0% -1.1% -2.8% -3.0% 89.1% -2% -2% Property Sales Average List Price of all Current Listings Market Profile & Price Trends Overview July Median Sales Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) July Median Sales Price July Number of Properties Sold 200 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date July Property sales were 76, up 11.8% from 68 in July of 2016 180 and 30.9% lower than the 110 sales last month. July 2017 sales 160 were at a mid level compared to July of 2016 and 2015. July Property Sales YTD sales of 789 are running 13.4% ahead of last year's year-to- 200 140 July sales were 76, up 11.8% from 68 in July of 2016 date Property sales of 696. 180 120 and 30.9% lower than the 110 sales last month. July 2017 sales 160 100 were at a mid level compared to July of 2016 and 2015. July YTD sales of 789 are running 13.4% ahead of last year's year-to- 140 80 date sales of 696. 120 60 3 Mo Avg Number of Properties Sold 3 Mo Avg 84 136 Median Sales Price and Average Sales Price 3 Mo Avg 2,800 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 14 15 16 17 2,600 2,400 2,800 2,200 2,600 2,000 2,400 1,800 2,200 1,600 2,000 1,400 1,800 1,600 Inventory & MSI 0 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 14 15 16 17 Prices The Median Sales Price in July was $1,637,500, down 9.3% from $1,805,554 in July of 2016 and up 3.0% from $1,590,000 last month. The Average Sales Price in July was $2,380,459, down Prices 12.1% from $2,707,057 in July of 2016 and up 15.9% from The Median Sales Price in July July 2017 was $1,637,500, down 9.3% from $2,054,588 last month. ASP was at the lowest level $1,805,554 in July July of of 2016 2016 and and 2015. up 3.0% from $1,590,000 last compared to month. The Average Sales Price in July was $2,380,459, down 12.1% from $2,707,057 in July of 2016 and up 15.9% from $2,054,588 last month. July 2017 ASP was at the lowest level compared to July of 2016 and 2015. 20 40 60 0 80 20 100 40 1,400 Median Sales Price and Average Sales Price 3 Mo Avg 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 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) 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 15 16 17 1,800 14 30.0 1,600 25.0 1,400 Total Inventory & Month's Supply of Inventory (MSI) 1,200 20.0 1,800 30.0 1,000 15.0 1,600 800 25.0 1,400 600 10.0 1,200 20.0 400 5.0 1,000 200 15.0 800 0 0.0 600 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 10.0 A comparatively lower MSI is more beneficial for sellers while a 400 14 15 16 17 higher MSI is better for buyers. The July 2017 MSI of 16.0 5.0 200 months was at a mid level compared with July of 2016 and 2015. 0.0 0 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con 14 15 16 17 The Total Inventory of Properties available for sale as of July was 1,213, down 7.3% from 1,308 last month and down 4.6% from 1,271 in July of last year. July 2017 Inventory was at a mid Inventory & MSI level compared with July of 2016 and 2015. The Total Inventory of Properties available for sale as of July was 1,213, down 7.3% from 1,308 last month and down 4.6% from 1,271 in July of last year. July 2017 Inventory was at a mid A comparatively lower MSI is more for sellers while a level compared with July of 2016 and beneficial 2015. higher MSI is better for buyers. The July 2017 MSI of 16.0 months was at a mid level compared with July of 2016 and 2015. 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 REAL 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. Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con Coldwell Banker Global Luxury SM | 49 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 REA 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.

FL ARCHIVED July 2017 | Page 49