FL ARCHIVED November 2016 | Page 55

Community Information | School District
Market Action Report November 2016

City : Cape Coral

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
$ 1,399,000
4 %
1 %
Average List Price of all Current Listings
$ 1,678,626
6 %
1 %
November Median Sales Price
$ 1,000,000
-36% -29%
-17%
$ 1,217,500
-6%
1 %
November Average Sales Price
$ 1,000,000
-41% -42%
-30%
$ 1,425,521
-3%
0 %
Total Properties Currently for Sale ( Inventory )
72
14 %
-6%
November Number of Properties Sold
1 -75%
24
33 %
November Average Days on Market ( Solds )
95
-1%
14 %
-26%
142
8 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 427
13 %
4 %
4 %
8 %
$ 397
2 %
0 %
November Sold Price per Square Foot
$ 296
-31% -26%
-19%
$ 348
-4%
-5%
November Month ' s Supply of Inventory
72.0
357 % 81 %
0 %
45 %
42.8
-8%
-14%
November Sale Price vs List Price Ratio
87.0 % -5.1% -5.7%
. 0 %
85.7 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
November Property sales were 1 , up from 0 in November of 2015 and 75.0 % lower than the 4 sales last month . November 2016 sales were at their highest level compared to November of Property 2015 and 2014 Sales . November YTD sales of 24 are running 33.3 % November ahead of last Property year ' s year-to-date sales were 1 , sales up from of 180 . in November of 2015 and 75.0 % lower than the 4 sales last month . November 2016 sales were at their highest level compared to November of 2015 and 2014 . November YTD sales of 24 are running 33.3 % ahead of last year ' s year-to-date sales of 18 .

Cape Agent Name Coral

64
53
42
31
Title Phone Website Other

Community Information | School District

6
5
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
20
1
0
1
D J
13 14
4 1 2 3 2 2 0 0 1 1 3 0 2 2 1 1 4 3
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
15
16
1 3 1 0 1 2 5 3 1 1 4 1 0 2 4 1
The Median Sales Price in November was $ 1,000,000 , up from $ 0 in November of 2015 and down 36.0 % from $ 1,562,500 last month . The Average Sales Price in November was $ 1,000,000 ,
Prices up from $ 0 in November of 2015 and down 41.4 % from The $ 1,706,250
Median Sales last month
Price
. in November November 2016 was ASP $ 1,000,000 was at the , up lowest from
$ level 0 in November compared to of November 2015 and down of 2015 36.0 and
% 2014 from
.
$ 1,562,500 last month . The Average Sales Price in November was $ 1,000,000 , up from $ 0 in November of 2015 and down 41.4 % from $ 1,706,250 last month . November 2016 ASP was at the lowest level compared to November of 2015 and 2014 .
3 Mo Avg
0
2,200
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
2,000
15
16
1,800
2,200
Median Sales Price and Average Sales Price
3 Mo Avg
1,600
2,000
1,400
1,800
1,200
1,600
1,000
1,400
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
1,200
13
14
15
16
0 1 4 1 2 3 2 2 0 0 1 1 3 0 2 2 1 1 4 3 1 3 1 0 1 2 5 3 1 1 4 1 0 2 4 1
Inventory & MSI The Total Inventory of Properties available for sale as of November was 72 , up 14.3 % from 63 last month and down 6.5 % from 77 in November of last year . November 2016 Inventory was at a mid level compared with November of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2016 MSI of 72.0 months was at its highest level compared with November of 2015 and 2014 .
1,000
40 30 20 10 0
58
D J 13 14
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 D J Fand MUp A| Property M J Types J A: SFH S - OConN D J 13 14
15
90 80 70 60
90 50 80
40 70 30 60 20 50 10
0
58 59
59
D J 13 14
58
58 64
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
15
16
64 61 61
Total Inventory & Month ' s Supply of Inventory ( MSI )
57 57
58 58
49 49
52 52
53 53
48 48
55 55
65 65
67 67
F M A M J
J
A S O N D J
15
70 70
72 72
75 75
68 68
65 65
72 72
70 70
74 74
71 71
77
77 75 75
75 75
81 76
F M A M J J A S O N 90.0
73 68 69 71 66 63 63
F M A M J
J
A S O N D J
F M A M J
J
A S O N
16
F M A M J
J
A S O N D J
F M A M J
J
A S O N
16
81 76 73 68 69 71 66 63 63
72
72
80.0 70.0
60.0 50.0 90.0
40.0 80.0 30.0 70.0 20.0
10.0 60.0
0.0 50.0 40.0 30.0 20.0 10.0 0.0
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