FL ARCHIVED May 2018 | Page 156

Market Action Report May 2018

CAPE City : Cape Coral CORAL

Market Action Report May 2018
Title
Agent
Phone Name
Community

City : Cape Coral Information | School

DistrictWebsite
Title
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Other
Phone
Trending versus *:
Market Profile & Trends Overview
Month
WebsiteLM
L3M
PYM
LY
YTD
Trending versus *:
Prior YTD
Prior Year
Price
Median Range : $ 1,000,000 List Price and Up of | Properties all Current : SFH - Con Listings
$ 1,350,000
Other
-1%
2 %
Average List Price of all Current Listings
$ 1,609,155
1 %
Trending versus
1 % *:
Trending versus *:
May Median Sales Price
$ 1,492,500
10 %
15 %
6 %
24 % 1,350,000
May Average Sales Price
$ 1,502,500
11 %
9 %
7 %
12 %
$ 1,609,155
Total Properties Currently for Sale ( Inventory ) 73 -5%
4 %
$ 1,492,500
May Number of Properties Sold 4 -60%
100 %
May Average Days on Market ( Solds )
$ 1,502,500
203
81 %
49 %
43 %
45 %
Asking Price per Square Foot ( based on New Listings )
$ 379 73 -5% -6%
11 %
1 %
May Sold Price per Square Foot
$
4004
15 %
11 %
8 %
14 %
May Month ' s Supply of Inventory
18.3
203
137 % 6 % -48% -10%
May Sale Price vs List Price Ratio
91.4
$ 379%
4.9 % 3.1 % 3.4 % 5.5 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
$ 400
$ 1,252,500
$ 1,312,496
$ 1,252,500
26
$ 1,312,496
131
$ 396
$ 355
26
16.8
131
88.2
$ 396%
$ 355
0 % -7%
53 %
21 %
7 %
3 % -35% -1%
4 % -3%
-6%
5 %
1 % -17%
2 %
Property Sales
12
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( ) / YTD = Year-to-date
May Property sales were 4 , up 100.0 % from 2 in May of 2017
18.3
91.4 %
Number of Properties
16.8 Sold
88.2 %
and 60.0 % lower than the 10 sales last month . May 2018 sales were at their highest level compared to May of 2017 and 2016 .
Property
May YTD sales Sales of 26 are running 52.9 % ahead of last year ' s yearto-date Property sales of sales 17 . were 4 , up 100.0 % from 2 in May of 2017
May
10
12
8
Number of Properties Sold
and 60.0 % lower than the 10 sales last month . May 2018 sales were at their highest level compared to May of 2017 and 2016 .
10
6
May YTD sales of 26 are running 52.9 % ahead of last year ' s yearto-date sales of 17 .
8
4
6 2
Agent Name
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in May was $ 1,492,500 , up 6.3 % from $ 1,404,000 in May of 2017 and up 9.7 % from $ 1,360,000 last month . The Average Sales Price in May was $ 1,502,500 , up
Prices 7.0 % from $ 1,404,000 in May of 2017 and up 11.5 % from The $ 1,347,990 Median Sales last month Price . in May May 2018 was ASP $ 1,492,500 was at the , up highest 6.3 % from level $ compared 1,404,000 to in May of of 2017 and and 2016 up 9.7 . % from $ 1,360,000 last month . The Average Sales Price in May was $ 1,502,500 , up 7.0 % from $ 1,404,000 in May of 2017 and up 11.5 % from $ 1,347,990 last month . May 2018 ASP was at the highest level compared to May of 2017 and 2016 .
4
0
2
J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A M J
17
J
A S O N D
J
F M A M
18
0
Median Sales Price and Average Sales Price
3 Mo Avg
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
2,00015
16
17
18
1,800
Median Sales Price and Average Sales Price
3 Mo Avg
4
2,000 1,600
1,800 1,400
1,600 1,200
3 1 3 1 0 1 2 5 3 1 1 4 1 0 2 4 1 6 2 3 5 5 2 4 2 3 5 3 4 6 5 4 3
4 3 1 3 1 0 1 2 5 3 1 1 4 1 0 2 4 1 6 2 3 5 5 2 4 2 3 5 3 4 6 5 4 3
10 10
4
4
1,400 1,000 1,200
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
15
16
17
18
Inventory & MSI 1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of May
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 was 73 , down 5.2 % from 77 last month and up 4.3 % from 70 in 90 15
16 17
18 80.0
May of last year . May 2018 Inventory was at its highest level 80 70.0
Inventory compared with & MSI May of 2017 and 2016 . 70
Total Inventory & Month ' s Supply of Inventory ( MSI )
60.0
The Total Inventory of Properties available for sale as of May 60 was 73 , down 5.2 % from 77 last month and up 4.3 % from 70 in 90 50 50.0
40.0 80.0 May of last year . May 2018 Inventory was at its highest level 80 40 70.0 compared A comparatively with May lower of 2017 MSI and is more 2016 beneficial . for sellers while a 70 30
30.0
60 60.0 higher MSI is better for buyers . The May 2018 MSI of 18.3 20
20.0 50 50.0 months was at its lowest level compared with May of 2017 and 10 10.0
2016 . 400
0.0 40.0 30.0
A comparatively lower MSI is more beneficial for sellers while a 30 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 higher MSI is better for buyers . The May 2018 MSI of 18.3 20 15
16 17
18 20.0 months was at its lowest level compared with May of 2017 and 10 10.0
2016 . 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
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18 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
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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 .
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