FL ARCHIVED July 2017 | Page 55

Market Action Report
July 2017
County: Lee COUNTY
LEE
Market Action
Report
Agent Name
July 2017
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other 1%
$1,675,000
5%
County: Lee 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*:
$2,103,769 -2% Trending versus*:
5%
Month -3%
LM L3M
LY
YTD
Prior
$1,350,000
-8% PYM
-0% -7%
$1,475,000
2% YTD Prior
2% Year
$1,675,000
$1,644,241 1%
0% -9% 5%
3% -11% $1,790,823
-3%
-3%
$2,103,769
5%
577 -2%
-4%
0%
$1,350,000
-3%
-8%
-0%
2%
2%
27 -52%
80% -7% $1,475,000
331
16%
July
Average
Sales
Price
$1,644,241
0%
-9%
3%
-11%
$1,790,823
-3%
-3%
July Average Days on Market (Solds)
192 22% 18% 32% 26%
143
-5%
-6%
Total
Properties
for Sale
(Inventory)
577 -4%
0% 19%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$663
14% 17% 21%
$578
5%
3%
July
of Properties
27 -52%
331
16%
July Number
Sold Price
per Square Sold
Foot
$543
18% 0% 80%
9% -1%
$554
2%
1%
July
on of
Market
(Solds)
192 100%
22% 18%
32% 26%
143 -18%
-5%
-6%
July Average
Month's Days
Supply
Inventory
21.4
48% -44%
7%
15.4
-22%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$663 14%
17% 21%
19%
$578
5%
3%
July Sale
Price
List Price
86.1%
-.9% -2.8%
-.7% -4.7%
89.4%
-1%
-1%
July
Sold
Price
per 3 Square
Foot Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date $543 18% 0%
9% -1%
$554
2%
1%
* LM=Last
Month
/ L3M=Last
Months / PYM=Same
July Month's Supply of Inventory
21.4 100% 48% -44%
7%
15.4
-18%
-22%
Number of Properties Sold
July
Sale Price
vs List Price Ratio
86.1% -.9% -2.8% -.7% -4.7%
89.4%
-1%
-1%
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
45 51 56
0
Prices
The Median Sales Price in July was $1,350,000, down 0.4%
from $1,355,000 in July of 2016 and down 3.1% from
$1,392,500 last month. The Average Sales Price in July was
Prices
$1,644,241, up 3.4% from $1,589,979 in July of 2016 and up
The
Median
Sales Price last
in July
was $1,350,000,
down
0.1%
from $1,642,188
month.
July 2017 ASP
was 0.4%
at a mid
from
$1,355,000
and 2015.
down 3.1% from
range
compared in
to July of 2016 and
$1,392,500 last month. The Average Sales Price in July was
$1,644,241, up 3.4% from $1,589,979 in July of 2016 and up
0.1% from $1,642,188 last month. July 2017 ASP was at a mid
range compared to July of 2016 and 2015.
80
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
July Property sales were 27, up 80.0% from 15 in July of 2016
70
and 51.8% lower than the 56 sales last month. July 2017 sales
3 Mo Avg
Number of Properties Sold
were at a mid level compared to July of 2016 and 2015. July
60
Property
Sales
YTD sales of
331 are running 16.1% ahead of last year's year-to- 80
July
sales were 27, up 80.0% from 15 in July of 2016
date Property
sales of 285.
50
70
and 51.8% lower than the 56 sales last month. July 2017 sales
40
were at a mid level compared to July of 2016 and 2015. July
60
YTD sales of 331 are running 16.1% ahead of last year's year-to-
30
date sales of 285.
50
20
40
10
30
0
20
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
10 14
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
2,800 14
15
16
17
2,600
Median Sales Price and Average Sales Price
3 Mo Avg
2,400
2,200
2,800
2,000
2,600
1,800
2,400
1,600
2,200
1,400
2,000
1,200
1,800
1,600
1,400
Inventory & MSI
1,200
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
14
15
16
17
800
45.0
40.0
700
35.0
Total Inventory & Month's Supply of Inventory (MSI)
600
30.0
500
800
45.0
25.0
400
40.0
20.0
700
300
35.0
15.0
600
200
30.0
10.0
500
100
25.0
5.0
400
20.0
0
0.0
300
15.0
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
A comparatively lower MSI is more beneficial for sellers while a
200 14
10.0
15
16
17
higher MSI is better for buyers. The July 2017 MSI of 21.4
5.0
months was at a mid level compared with July of 2016 and 2015. 100
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 577, down 3.7% from 599 last month and up 0.3% from 575
in July of last year. July 2017 Inventory was at its highest level
Inventory
& MSI
compared with
July of 2016 and 2015.
The Total Inventory of Properties available for sale as of July
was 577, down 3.7% from 599 last month and up 0.3% from 575
in July of last year. July 2017 Inventory was at its highest level
A comparatively
lower
MSI and
is more
beneficial for sellers while a
compared
with July
of 2016
2015.
higher MSI is better for buyers. The July 2017 MSI of 21.4
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 Reg ional 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 | 55
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.