FL ARCHIVED November 2017 | Page 73

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 469,000
-1%
-4%
Average List Price of all Current Listings
$ 997,143
0 %
-4%
November Median Sales Price
$ 345,000
-2%
0 %
8 %
5 %
$ 350,000
7 %
6 %
November Average Sales Price
$ 553,812
0 %
-3%
-1%
-3%
$ 608,456
6 %
6 %
Total Properties Currently for Sale ( Inventory )
4,836
5 %
-14%
November Number of Properties Sold
473 -11%
-13%
7,487
3 %
November Average Days on Market ( Solds )
112
-2%
3 %
13 %
22 %
108
20 %
17 %
Asking Price per Square Foot ( based on New Listings )
$ 301
6 %
2 %
-2%
4 %
$ 289
0 %
0 %
November Sold Price per Square Foot
$ 247
3 %
0 %
3 %
-2%
$ 260
4 %
4 %
November Month ' s Supply of Inventory
10.2
19 %
0 %
-1%
24 %
8.4
2 %
1 %
November Sale Price vs List Price Ratio
92.5 %
-. 1 %
-. 1 %
-. 9 %
-. 9 %
92.4 %
-1%
-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 November Property sales were 473 , down 12.7 % from 542 in
November of 2016 and 11.3 % lower than the 533 sales last 1,000 Property month . November Sales 2017 sales were at their lowest level 1,200
November compared Property to November sales were of 2016 473 , and down 2015 12.7 . % November from 542 in YTD sales
800 November of 7,487 are of 2016 running and 3.4 11.3 % ahead lower than of last the year 533 ' s sales year-to-date last sales 1,000 month of 7,240 . November . 2017 sales were at their lowest level compared to November of 2016 and 2015 . November YTD sales 600
800 of 7,487 are running 3.4 % ahead of last year ' s year-to-date sales of 7,240 .
400
600
400
200
Number of Properties Sold
200
0
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 345,000 , up 8.4 %
D
J
F M A M J
14
15
J
A
Median S O N D Sales
J
F M Price A M J and
J
A SAverage O N D
J Sales
F M A Price M J
J
16
17
A S O N
3 Mo Avg
Prices from $ 318,250 in November of 2016 and down 1.8 % from
The
$ 351,500 Median last Sales month Price . in The November Average was Sales $ 345,000 Price in , up November 8.4 % was
750
Median Sales Price and Average Sales Price
3 Mo Avg
from
$ 553,812 $ 318,250 , down in November 1.3 % from of $ 561,216 2016 and in down November 1.8 % from of 2016 and
750
$ up 351,500 0.1 % last from month $ 553,422 . The last Average month Sales . November Price in November 2017 ASP was was at
650
$ the 553,812 lowest , down level 1.3 compared % from $ 561,216 to November in November of 2016 of and 2016 2015 and . up 0.1 % from $ 553,422 last month . November 2017 ASP was at
650
550
the lowest level compared to November of 2016 and 2015 .
550
450
450
350

Naples

784 595
Agent Name
Title Phone Website Other

Community Information | School District

628 972 1,111
784 595 628 972 1,111 965 855 717 687 693 617 566 704 559 514 772 884 791 813 611 636 570 548 542 649 580 622 884 838 970 891 644 667 385 533 473
350
250
250
D
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
14
15
16
17
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
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
The
November Total Inventory was 4,836 of Properties , up 5.2 % from available 4,597 for last sale month as of and down
7,000
November
13.6 % from was 5,600 4,836 in , up November 5.2 % from of 4,597 last year last . month November and down 2017
7,0006,000
13.6
Inventory % from 5,600 was at in a November mid level compared of last year with . November 2017 of
20166,0005,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
12.0
14.0
12.0
10.0
Inventory and 2015 was . at a mid level compared with November of 2016 and 2015 .
5,000
4,000
4,000
3,000
10.0
8.0
8.0
6.0
A comparatively lower MSI is more beneficial for sellers while
3,000 a
6.0
2,000
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial November for sellers 2017 while MSI a of
2,000
4.0 higher
10.2 months MSI is better was at for a mid buyers level . The compared November with 2017 November MSI of
1,000 of
1,000
2.0
10.2
2016 months and 2015 was . at a mid level compared with November of
0
2016 and 2015 .
0
0.0
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 J
J A S O N
14
15
16
17
14
15
16
17
4.0
2.0
0.0
965 855
4,404 4,679 4,700 4,585 4,359 4,089 3,929
4,404 4,679 4,700 4,585 4,359 4,089 3,929 3,778 3,711 3,674 717 687 693
3,941 4,210 4,370
617
5,009 5,468
Number of Properties Sold
566
3,778 3,711 3,674 3,941 4,210 4,370 704 559 514 772 884 791 813 611
5,009 5,468 5,540 5,546 5,343 5,147 4,902 4,824
636
5,540 5,546 5,343 5,147 4,902 4,824 4,977 5,258 5,600 5,719
570 548 542
6,231 6,380 6,314 5,998
4,977 5,258 5,600
649 580 622 884 838
5,719 6,231 6,380 6,314 5,998 5,520 5,198
5,520 5,198 4,884 4,782 4,503 4,597 4,836
3 Mo Avg
970 891 644 667 385
4,884 4,782 4,503 4,597 4,836
3 Mo Avg
533
473
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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