FL ARCHIVED November 2016 | Page 46

Market Action Report

County: Collier

November 2016

Collier County
Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con

Days On Market for Sold Properties
Market Time

The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for November was 161, up 3.2% from
156 days last month and down 9.6% from 178 days in November
of last year. The November 2016 DOM was at a mid level
compared with November of 2015 and 2014.

3 Mo Avg

250
200

178
161
139

150
100
50
0

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Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the
750
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a 700
more normalized indicator on the direction of Property values.
The November 2016 Selling Price per Square Foot of $617 was
650
down 1.6% from $628 last month and down 0.7% from 622 in
November of last year.
600

3 Mo Avg

622

617

580

550
500
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Selling Price versus Listing Price Ratio

Selling Price vs Original Listings Price

The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The November 2016 Selling Price vs
Original List Price of 90.1% was down from 90.2% last month
and down from 91.9% in November of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

96%
94%

92.6%

91.9%

92%

90.1%

90%
88%
86%
84%
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Inventory / New Listings / Sales

Inventory / New Listings / Sales

1,469

1,364

1,285

1,263

1,243

1,366

1,321

1,486

1,441

1,344

1,212

1,170

1,065

1,017

1,043

1,014

1,142

1,085

1,208

1,173

1,202

1,097

994

1,054

926

924

957

928

1,070

1,182

1,020

800

1,103

1,000

1,170

1,200

1,191

1,400

1,432

1,600

1,098

This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in November 2016 was 254, up 8.5% from 234 last month and
down 1.2% from 257 in November of last year.

600
400
200
0
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Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | 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 Association of REALT
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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