FL ARCHIVED May 2017 | Page 75

Market Action Report May 2017
Community Information | School District
Market Action Report May 2017

City : Naples

Price Range : All | Properties : SFH - Con
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
$ 494,900
2 %
2 %
Average List Price of all Current Listings
$ 1,047,071
2 %
4 %
May Median Sales Price
$ 375,000
3 %
3 %
6 %
14 %
$ 360,000
5 %
9 %
May Average Sales Price
$ 718,295
9 %
8 %
18 %
26 %
$ 648,331
5 %
13 %
Total Properties Currently for Sale ( Inventory )
5,257 -10%
-1%
May Number of Properties Sold
930
12 %
18 %
3,835
9 %
May Average Days on Market ( Solds )
110
3 %
3 %
36 %
20 %
106
25 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 289
0 %
-1%
4 %
0 %
$ 292
0 %
1 %
May Sold Price per Square Foot
$ 283
2 %
3 %
6 %
13 %
$ 273
3 %
9 %
May Month ' s Supply of Inventory
5.7 -20% -14% -16% -31%
8.1
2 %
-2%
May Sale Price vs List Price Ratio
91.6 % -1.0% -. 8 % -1.7% -1.9%
92.5 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200
May Property sales were 930 , up 17.7 % from 790 in May of 2016
and 12.5 % higher than the 827 sales last month . May 2017 sales
1,000
Property were at a mid Sales level compared to May of 2016 and 2015 . May
1,200
May
YTD Property sales of sales 3,835 were are 930 running , up 17.7 9.0 % from ahead 790 of in last May year of ' 2016 s year-todate 12.5 sales % higher of 3,518 than . the 827 sales last month . May 2017 sales and
1,000 were at a mid level compared to May of 2016 and 2015 . May
800
YTD sales of 3,835 are running 9.0 % ahead of last year ' s year-todate sales of 3,518 .
800
600
600
400
400 200
Number of Properties Sold
200
0
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 M
0
14
15
16
17
Prices
The Median Sales Price in May was $ 375,000 , up 5.6 % from
J
J
14
A S O N D
J
F
Median M A M J Sales
J
A S Price O N D and
J
F MAverage A M J
J Sales
A S OPrice N D
J
F M A M
15
16
17
3 Mo Avg
Prices
$ 355,000 in May of 2016 and up 2.7 % from $ 365,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 375,000 May was , up $ 718,295 5.6 % from , up 18.3 %
750
Median Sales Price and Average Sales Price
3 Mo Avg
$ from 355,000 $ 607,296 in May in of 2016 May of and 2016 up 2.7 and % up from 9.3 $ % 365,000 from $ 656,959 last last
750 month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 718,295 compared , up 18.3 to % May
650
from of 2016 $ 607,296 and 2015 in May . of 2016 and up 9.3 % from $ 656,959 last month . May 2017 ASP was at the highest level compared to May
650
550
of 2016 and 2015 .
550
450
450
350

Naples

881 691
Agent Name
Title Phone Website Other

Community Information | School District

694 642 723
881 691 694 642 723 598 784 594 628 972 1,110 965 855 716 687 693 617 565 704 559 513 772 884 790 812 611 636 567 547 537 643 579 619 880 827 930
350
250
250
J
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 M
J
14
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17 M
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 May
The was Total 5,257 Inventory , down 10.0 of Properties % from 5,839 available last month for sale and as of down May 1.4 %
7,000 was from 5,257 5,329 , down in May 10.0 % of from last year 5,839 . May last month 2017 Inventory and down was 1.4 % at a
7,0006,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
from mid 5,329 level compared in May of last with year May . May of 2016 2017 and Inventory 2015 . was at a
6,000
5,000
10.0 mid level compared with May of 2016 and 2015 .
5,000
4,000
8.0
4,000
3,000
6.0
A comparatively lower MSI is more beneficial for sellers while
3,000 a
2,000
A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The May 2017 MSI of 5.7
2,000 higher months MSI was is better at a mid for level buyers compared . The May with 2017 May MSI of of 2016 5.7 and 2015
2.0 months was at a mid level compared with May of 2016 and 2015 .
1,000 .
1,000
0
0
0.0
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 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 M
14
15
16
17
14
15
16
17
8.0
6.0
4.0
2.0
0.0
598
4,165 3,971 3,929 3,897 4,151 4,272
784 594 628 972 1,110
4,165 3,971 3,929 3,897 4,151 4,272 4,390 4,667 4,688 4,573 4,349 4,078 3,919 3,768 3,702 3,666
Number of Properties Sold
965
4,390 4,667 4,688 4,573 4,349 4,078 3,919 855 716 687
3,933 4,202 4,361 693 617 565
3,768 3,702 3,666 3,933 4,202 4,361 704 559 513 772
4,999 5,455 5,528 5,533 5,329 5,135 4,882
884 790 812 611
4,999 5,455 5,528 5,533 5,329 5,135 4,882 4,799
4,799 4,945 5,220 5,549 5,658 636 567 547
6,148 6,287 6,191 5,839
4,945 5,220 5,549
3 Mo Avg
537 643
5,257 579
5,658 6,148 6,287 6,191
619
3 Mo Avg
880
5,839
5,257 827 930
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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 .
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