FL ARCHIVED November 2017 | Page 79

Market Action Report November 2017
Community Information | School District
Market Action Report November 2017

City : Cape Coral

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
$ 277,500
3 %
-1%
Average List Price of all Current Listings
$ 360,335
2 %
-2%
November Median Sales Price
$ 218,000
-4%
-3%
6 %
7 %
$ 220,000
9 %
8 %
November Average Sales Price
$ 261,333
-0%
-3%
6 %
6 %
$ 266,506
9 %
8 %
Total Properties Currently for Sale ( Inventory )
2,279
12 %
4 %
November Number of Properties Sold
385
-1%
-4%
5,078
1 %
November Average Days on Market ( Solds )
75
0 %
1 %
3 %
7 %
77
12 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 168
6 %
6 %
2 %
9 %
$ 158
4 %
3 %
November Sold Price per Square Foot
$ 142
0 %
-2%
4 %
5 %
$ 145
8 %
7 %
November Month ' s Supply of Inventory
5.9
13 %
7 %
8 %
22 %
4.9
0 %
0 %
November Sale Price vs List Price Ratio
95.2 %
. 0 %
-. 0 %
-. 5 %
. 3 %
94.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
700
November Property sales were 385 , down 3.5 % from 399 in
November of 2016 and 1.3 % lower than the 390 sales last month .
600
Property
November Sales 2017 sales were at a mid level compared to November
700
November of 2016 and Property 2015 . sales November were 385 YTD , down sales 3.5 of % 5,078 from are 399 running
500
November
0.5 % ahead of 2016 of last and year 1.3 ' s % year-to-date lower than the sales 390 of sales 5,052 last . month .
November 2017 sales were at a mid level compared to November
600
400
of 2016 and 2015 . November YTD sales of 5,078 are running
500
0.5 % ahead of last year ' s year-to-date sales of 5,052 .
400
300
200
300
100
200

Cape Agent Coral

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
100
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 $ 218,000 , up 6.4 %
D
J
F M A M J
14
15
J
A
SMedian O N D JSales F M APrice M J Jand
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 $ 204,900 in November of 2016 and down 3.5 % from
The
$ 226,000 Median last Sales month Price . in The November Average was Sales $ 218,000 Price in , up November 6.4 % was from
$ 261,333 $ 204,900 , up 5.7 in November % from $ 247,135 of 2016 in and November down 3.5 of % from 2016 and
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$ down 226,000 0.3 last % from month $ 262,244 . The Average last month Sales . Price November in November 2017 ASP was was $ 261,333 , up 5.7 % from $ 247,135 in of
270 at the highest level compared to November of 2016 and 2015 . down 0.3 % from $ 262,244 last month . November 2017 ASP was
250
250
230
at the highest level compared to November of 2016 and 2015 .
230
210
210
190
190 170
494 356 407 579 570 496
494 356 407 579 570 496 616 572 474 474 444 345 509 351 362 472 538 549 533 479 487 466 416 399 449 342 372 584 514 553 564 495 525 354 390 385
170
150
150
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 2,279 of Properties , up 11.8 % available from 2,039 for sale last as month of and up
3,000
November
4.0 % from was 2,191 2,279 in , November up 11.8 % from of last 2,039 year last . November month and 2017 up
3,000
2,500
4.0
Inventory % from 2,191 was at in its November highest of level last compared year . November with November 2017 of
2,500
Inventory
2016 and was 2015 at . its highest level compared with November of
2,000
2016 and 2015 .
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The November 2017 MSI of 5.9
500
2.0 higher months MSI was is better at its highest for buyers level . The compared November with 2017 November MSI of 5.9 of
500 months was at its highest level compared with November of
1.0
2016 and 2015 .
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
2,244 2,376 2,436 2,346 2,214
2,244 2,376 2,436 2,346 2,214
1,999 1,836 1,797 616 572 474 474
1,717 1,756 1,856 2,014 2,055
444
1,999 1,836 1,797 1,717 1,756 1,856 2,291
Number of Properties Sold
345 509 351
2,443 2,399 2,313
2,014 2,055
362 472 538 549 533 479 487
2,291 2,443 2,399 2,313 2,173 2,069 2,041 1,978 2,003
466
2,061
2,173 2,069 2,041 1,978 2,003 2,061 2,191 2,191
2,377 416 399 449 342 372 584 514
2,407 2,375 2,248 2,147 2,065 1,952 1,936 1,926
553
2,191
2,191 2,377 2,407 2,375 2,248 2,147 2,065
3 Mo Avg
564
2,039
2,279 495 525
1,952 1,936 1,926
3 Mo Avg
354 390
2,039 2,279
385
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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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