FL ARCHIVED November 2016 | Page 51

Community Information | School District
Market Action Report November 2016

County : Lee

Price Range : $ 1,000,000 and Up | 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
$ 1,690,000
6 %
6 %
Average List Price of all Current Listings
$ 2,119,499
3 %
7 %
November Median Sales Price
$ 1,510,000
3 %
8 %
-4%
-3%
$ 1,430,000
-5%
-8%
November Average Sales Price
$ 2,011,577
12 %
10 %
8 %
3 %
$ 1,837,576
-3%
-6%
Total Properties Currently for Sale ( Inventory )
664
7 %
16 %
November Number of Properties Sold
27
8 %
-7%
387
-14%
November Average Days on Market ( Solds )
177
67 %
14 %
44 %
-3%
152
-18%
-16%
Asking Price per Square Foot ( based on New Listings )
$ 603
0 %
3 %
3 %
10 %
$ 567
5 %
3 %
November Sold Price per Square Foot
$ 585
28 %
8 %
-4%
6 %
$ 541
0 %
-2%
November Month ' s Supply of Inventory
24.6
-1%
-1%
25 %
55 %
20.7
28 %
30 %
November Sale Price vs List Price Ratio
91.3 %
-. 1 % 1.5 % -6.0%
. 2 %
90.4 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Lee Agent County

Name
Property Sales
70 November Property sales were 27 , down 6.9 % from 29 in November of 2015 and 8.0 % higher than the 25 sales last 60 month . November 2016 sales were at a mid level compared to
Number of Properties Sold
3 Mo Avg
Property November of Sales 2015 and 2014 . November YTD sales of 387 are 50 70
November running 14.0 Property % behind sales last were year 27 ' s , year-to-date down 6.9 % from sales 29 of 450 in .
40 November of 2015 and 8.0 % higher than the 25 sales last 60 month . November 2016 sales were at a mid level compared to 30 November of 2015 and 2014 . November YTD sales of 387 are 50 running 14.0 % behind last year ' s year-to-date sales of 450 . 20 40
10 30
0 20
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 13 14
15 16
10
Prices Median Sales Price and Average Sales Price
3 Mo Avg
The Median Sales Price in November was $ 1,510,000 , down 0 3.8 % from $ 1,570,000 in November of 2015 and up 3.1 % from 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
2,800 $ 1,465,000 last month . The Average Sales Price in November 13 14
15 16
2,600
Prices was $ 2,011,577 , up 7.8 % from $ 1,865,299 in November of 2015 Median Sales Price and Average Sales Price
3 Mo Avg
The and Median up 12.0 Sales % from
Price $ 1,795,598 in November last month was $ . 1,510,000 November
, down
2016 ASP 2,400
3.8 was
% at from the
$ highest 1,570,000 level in compared November to of November
2015 and of up 2015
3.1 % and from 2,200 2,800
$ 2014 1,465,000 . last month . The Average Sales Price in November 2,000
2,600 was $ 2,011,577 , up 7.8 % from $ 1,865,299 in November of 2015 1,800 and up 12.0 % from $ 1,795,598 last month . November 2016 ASP 2,400
1,600 was at the highest level compared to November of 2015 and 2,200 2014 . 1,400 2,000 1,200 1,800 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
1,600 13 14 15
16
1,400
Inventory & MSI 1,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of 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
November was 664 , up 7.1 % from 620 last month and up 16.5 % 800 45.0
13 14 15
16 from 570 in November of last year . November 2016 Inventory 700 40.0 was at its highest level compared with November of 2015 and 600 35.0
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI ) 2014 . The Total Inventory of Properties available for sale as of
500
30.0 November was 664 , up 7.1 % from 620 last month and up 16.5 % 800 400 25.0 45.0
20.0 from 570 in November of last year . November 2016 Inventory 700 300
40.0 A comparatively lower MSI is more beneficial for sellers while a
15.0 was at its highest level compared with November of 2015 and 600
35.0 higher MSI is better for buyers . The November 2016 MSI of
200
10.0 2014 . 24.6 months was at its highest level compared with November of
500 100
5.0 30.0
2015 and 2014 . 4000
0.0 25.0 20.0
300 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 A comparatively lower MSI is more beneficial for sellers while a
15.0 higher MSI is better for buyers . The November 2016 MSI of
200 13 14 15
16 10.0
24.6 months was at its highest level compared with November of 100 5.0
2015 and 2014 . 0
0.0
28
28 34 34 45 53 58 44 24 22 19 21 25 36 18 41 65 66 60 52 38 19 31 31 29 45 51 29 40 56 46 48 15 27 23 25 27
645 34 673
34 676
Title Phone Website Other

Community Information | School District

645 673 676
45 660 660
53 624 624
58 596 596
44 555 555
24 519 519
22 511
511
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 D J and F Up M | AProperty M JTypes J : ASFH S - Con 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 Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 13 14Association of REALTORS , My Florida Regional 15 MLS , Naples Area Board of REALTORS , REALTORS 16 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 .
19 508 508
21 536 536
25
567
Number of Properties Sold
36
567 586
586 601
18
601 599 599
41 604 604
65 568 568
66 526 526
60 504 504
52 511 511
38 492 492
19 520 520
31 553 553
31 570 570
29 574 574
45 644 644
51 708 708
29 691 691
40
677 677
56
666 666
46
625 625
579 48
579 557 557
15 571 571
27 620 620
3 Mo Avg
c o l d w e l l b a n k e r h o m e s . c o m | 51
23 664
664 25 27