FL ARCHIVED November 2017 | Page 81

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

City : Fort Myers

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
$ 278,900
-0%
-3%
Average List Price of all Current Listings
$ 369,075
-1%
-5%
November Median Sales Price
$ 225,000
0 %
-2%
2 %
3 %
$ 227,500
6 %
5 %
November Average Sales Price
$ 250,590
-7%
-4%
-1%
-2%
$ 261,867
3 %
2 %
Total Properties Currently for Sale ( Inventory )
2,521
8 %
-1%
November Number of Properties Sold
331
-8%
-14%
4,739
-0%
November Average Days on Market ( Solds )
89
-1%
-1%
9 %
17 %
86
16 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 167
1 %
4 %
4 %
7 %
$ 158
2 %
1 %
November Sold Price per Square Foot
$ 138
-5%
-3%
-1%
1 %
$ 143
5 %
4 %
November Month ' s Supply of Inventory
7.6
17 %
5 %
16 %
30 %
6.3
8 %
7 %
November Sale Price vs List Price Ratio
93.0 %
-. 1 %
. 0 %
-. 3 %
-. 7 %
93.2 %
-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 331 , down 14.5 % from 387 in
November of 2016 and 8.3 % lower than the 361 sales last month .
600
Property
November Sales 2017 sales were at their lowest level compared to
700
November Property of 2016 sales and were 2015 . 331 November , down 14.5 YTD % from sales 387 of in 4,739 are
500
November running 0.1 of % 2016 behind and 8.3 last % year lower ' s year-to-date than the 361 sales last of 4,743 month . .
November 2017 sales were at their lowest level compared to
600
400
November of 2016 and 2015 . November YTD sales of 4,739 are
500
running 0.1 % behind last year ' s year-to-date sales of 4,743 .
400
300
200
300
100
200

Fort Agent Myers

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 $ 225,000 , up 2.3 %
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 $ 220,000 in November of 2016 and equal to $ 225,000
The last Median month Sales . The Price Average in November Sales Price was in $ November 225,000 , up was 2.3 % from
$ 250,590 $ 220,000 , down in November 0.6 % from of $ 2016 252,224 and in equal November to $ 225,000 of 2016 and
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
last down month 7.0 .% The from Average $ 269,357 Sales last Price month in . November was 2017 ASP was
$ 250,590 , down 0.6 % from $ 252,224 in November of 2016 and
270 at the lowest level compared to November of 2016 and 2015 . down 7.0 % from $ 269,357 last month . November 2017 ASP was
250
250
230
at the lowest level compared to November of 2016 and 2015 .
230
210
210
190
190 170
493 400 487 594 640 587
493 400 487 594 640 587 598 514 462 462 446 377 455 336 353 516 529 537 477 437 432 378 361 387 430 377 361 595 517 558 485 420 446 288 361 331
170 150 150
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
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
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 2,521 of Properties , up 7.7 % from available 2,340 for last sale month as of and down
3,500 10.0
November 0.7 % from was 2,538 2,521 in , up November 7.7 % from of 2,340 last year last . month November and down 2017 3,5003,000 10.0
8.0 0.7 Inventory % from 2,538 was at in a November mid level of compared last year . with November November 2017 of 20163,0002,500
8.0
Inventory and 2015 was . at a mid level compared with November of 2016 2,500 2,000
6.0 and 2015 .
2,000 6.0
1,500 4.0
A comparatively lower MSI is more beneficial for sellers while 1,500 a 1,000 4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial November for sellers 2017 while MSI a of 7.6 1,000 2.0 higher months MSI was is better at its highest for buyers level . The compared November with 2017 November MSI of 7.6 500 of
2.0 500 months 2016 and was 2015 at its . highest level compared with November of 0
0.0
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
2,279 2,499 2,517 2,450 2,307 2,135
598
2,279 2,499 2,517 2,450 2,307 2,135 2,028 1,906 1,847
514 462 462
1,829 1,943 2,101 2,089
446
Number of Properties Sold
377 455
2,028 1,906 1,847 1,829 1,943 2,101 2,089
336 353 516
2,439 2,656 2,718 2,567 2,441 2,352
529 537 477 437 432
2,439 2,656 2,718 2,567 2,441 2,352 2,267 2,240 2,290
2,267 2,240 2,290 2,430 2,538 2,605 378 361 387
2,909 3,085 3,009
2,430 2,538 2,605 430 377 361 595 517 558
2,790 2,664 2,512 2,379 2,244 2,185 2,340
3 Mo Avg
485
2,909 3,085 3,009 2,790 2,664 2,512 2,379 2,244
2,521 420
2,185 446
3 Mo Avg
288
2,340
2,521 361 331
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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