FL ARCHIVED July 2017

Market Action Report July 2017 City: Naples NAPLES Market Action Report Agent Name July 2017 Title Phone Name Agent Website Title Other Phone Trending versus*: Website LM L3M PYM LY Month Other 0% $1,999,900 0% City: Naples 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*: $3,098,410 2% Trending versus*: -1% Month LM LY YTD Prior $1,687,500 8% L3M -3% PYM -6% 2% $1,750,000 6% YTD Prior 6% Year $1,999,900 0% 4% -11% 0% $2,457,641 19% 8% $2,381,128 2% 4% $3,098,410 2% -1% 1,015 -8% -5% $1,687,500 8% -3% 19% -6% 2% $1,750,000 6% 6% 70 -30% 686 12% July Average Sales Price $2,457,641 19% 4% -11% 8% $2,381,128 2% 4% July Average Days on Market (Solds) 172 -1% 9% 40% 25% 158 24% 14% Total Properties Currently for Sale (Inventory) 1,015 -8% -5% Asking Price per Square Foot (based on New Listings) $722 2% -3% 1% 5% $706 3% 2% July of Properties 70 -30% 19% -5% 686 12% July Number Sold Price per Square Sold Foot $624 3% -4% -11% $669 0% 2% July on of Market (Solds) 172 -1% 9% -20% 40% -15% 25% 158 24% 14% July Average Month's Days Supply Inventory 14.5 31% 31% 14.2 2% -17% Asking Price per vs Square Foot Ratio (based on New Listings) $722 -1.0% 2% -1.2% -3% -3.2% 1% -3.7% 5% $706 3% 2% July Sale Price List Price 87.9% 89.2% -3% -2% July Sold Price per 3 Square Foot Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date $624 3% -4% -11% -5% $669 0% 2% * LM=Last Month / L3M=Last Months / PYM=Same July Month's Supply of Inventory 14.5 31% 31% -20% -15% 14.2 2% -17% Number of Properties Sold July Sale Price vs List Price Ratio 87.9% -1.0% -1.2% -3.2% -3.7% 89.2% -3% -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 3 Mo Avg 125 80 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 Prices The Median Sales Price in July was $1,687,500, down 6.0% from $1,795,000 in July of 2016 and up 7.8% from $1,565,000 last month. The Average Sales Price in July was $2,457,641, Prices down 10.9% from $2,758,388 in July of 2016 and up 18.9% from The Median Sales Price in July July 2017 was ASP $1,687,500, down 6.0% $2,066,172 last month. was at the lowest level from $1,795,000 of and 2016 and up 7.8% from $1,565,000 compared to July in of July 2016 2015. last month. The Average Sales Price in July was $2,457,641, down 10.9% from $2,758,388 in July of 2016 and up 18.9% from $2,066,172 last month. July 2017 ASP was at the lowest level compared to July of 2016 and 2015. 180 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date July Property sales were 70, up 18.6% from 59 in July of 2016 and 30.0% lower than the 100 sales last month. July 2017 sales 160 3 Mo Avg Number of Properties Sold were at a mid level compared to July of 2016 and 2015. July 140 Property Sales YTD sales of 686 are running 12.5% ahead of last year's year-to- 180 120 July sales were 70, up 18.6% from 59 in July of 2016 date Property sales of 610. and 30.0% lower than the 100 sales last month. July 2017 sales 160 100 were at a mid level compared to July of 2016 and 2015. July 140 80 YTD sales of 686 are running 12.5% ahead of last year's year-to- 120 60 date sales of 610. 100 40 80 20 60 0 40 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 20 14 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 & Mont h'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 1,600 14 30.0 1,400 25.0 Total Inventory & Month's Supply of Inventory (MSI) 1,200 20.0 1,000 1,600 30.0 800 15.0 1,400 25.0 600 10.0 1,200 400 20.0 1,000 5.0 200 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 14.5 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 1,015, down 8.5% from 1,109 last month and down 4.8% from 1,066 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 1,015, down 8.5% from 1,109 last month and down 4.8% from 1,066 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 14.5 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 | 53 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 53