FL ARCHIVED July 2017 | Page 57

Market Action Report July 2017 City: Bonita Springs SPRINGS/BONITA BEACH July 2017 BONITA Market Action Report Agent Name Title Phone Name Agent Website Title Other Phone Trending versus*: Website LM L3M PYM LY Month Other -1% $1,775,000 11% City: Bonita Springs Community Information | School District 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*: $2,309,306 0% Trending versus*: 12% Month -19% LM L3M LY YTD Prior $1,210,000 -23% PYM -35% -15% $1,531,250 9% YTD Prior 8% Year $1,775,000 -1% -26% 11% $1,548,800 -20% -37% -21% $2,155,066 18% 9% $2,309,306 12% 109 0% -7% -24% $1,210,000 5 -19% 9% 8% -55% -23% -35% -38% -15% $1,531,250 86 -12% July Average Sales Price $1,548,800 -20% -26% -37% -21% $2,155,066 18% 9% July Average Days on Market (Solds) 263 102% 101% 110% 121% 149 57% 25% Total Properties Currently for Sale (Inventory) 109 -7% -24% Asking Price per Square Foot (based on New Listings) $890 47% 46% 39% 62% $643 23% 17% July of Properties 86 -12% July Number Sold Price per Square Sol d Foot $404 5 -55% -9% -29% -38% -24% -19% $568 21% 14% July on Market (Solds) 263 102% 149 57% 25% July Average Month's Days Supply of Inventory 21.8 105% 101% 70% 110% 21% 121% 18% 16.1 27% -13% Asking Price per vs Square Foot Ratio (based on New Listings) $890 46% 39% 62% $643 23% 17% July Sale Price List Price 85.0% 47% -4.2% -5.2% .2% -6.9% 89.5% -3% -2% July Sold Price per 3 Square Foot Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date $404 -9% -29% -24% -19% $568 21% 14% * LM=Last Month / L3M=Last Months / PYM=Same July Month's Supply of Inventory 21.8 105% 70% 21% 18% of Properties 16.1 Sold 27% -13% Number July Sale Price vs List Price Ratio 85.0% -4.2% -5.2% .2% -6.9% 89.5% -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 30 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date July Property sales were 5, down 37.5% from 8 in July of 2016 and 54.5% lower than the 11 sales last month. July 2017 sales 25 were at their lowest level compared to July of 2016 and 2015. Property Sales July YTD sales of 86 are running 12.2% behind last year's year- 30 20 July Property to-date sales sales of 98. were 5, down 37.5% from 8 in July of 2016 and 54.5% lower than the 11 sales last month. July 2017 sales 25 15 were at their lowest level compared to July of 2016 and 2015. July YTD sales of 86 are running 12.2% behind last year's year- 20 10 to-date sales of 98. 3 Mo Avg Number of Properties Sold 3 Mo Avg 12 10 0 15 5 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 14 15 16 17 5 Median Sales Price and Average Sales Price Prices 0 3 Mo Avg The Median Sales Price in July was $1,210,000, down 35.2% 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 3,500 from $1,867,500 in July of 2016 and down 19.3% from 14 15 16 17 $1,500,000 last month. The Average Sales Price in July was 3,000 Median Sales Price and Average Sales Price Prices $1,548,800, down 36.7% from $2,448,438 in July of 2016 and 3 Mo Avg The Median Sales in July was $1,210,000, 35.2% down 20.4% from Price $1,944,935 last month. July down 2017 ASP was at 3,500 from $1,867,500 in July of 2016 down and 19.3% from 2,500 the lowest level compared to July and of 2016 2015. $1,500,000 last month. The Average Sales Price in July was 3,000 $1,548,800, down 36.7% from $2,448,438 in July of 2016 and 2,000 down 20.4% from $1,944,935 last month. July 2017 ASP was at 2,500 the lowest level compared to July of 2016 and 2015. 1,500 2,000 1,000 1,500 1,000 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | 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 17 200 14 80.0 70.0 Total Inventory & Month's Supply of Inventory (MSI) 150 60.0 50.0 200 80.0 100 40.0 70.0 30.0 150 60.0 50 20.0 50.0 10.0 100 40.0 0 0.0 30.0 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 50 14 20.0 15 16 17 10.0 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 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 109, down 6.8% from 117 last month and down 24.3% from 144 in July of last year. July 2017 Inventory was at its lowest Inventory & MSI level compared with July of 2016 and 2015. The Total Inventory of Properties available for sale as of July was 109, down 6.8% from 117 last month and down 24.3% from 144 in July of last year. July 2017 Inventory was at its lowest A comparatively lower is more for sellers while a level compared with July MSI of 2016 and beneficial 2015. higher MSI is better for buyers. The July 2017 MSI of 21.8 months was at its highest level compared with July of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The July 2017 MSI of 21.8 months was at its highest level compared with July of 2016 and 2015. 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 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 | 57 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.