FL ARCHIVED October 2016 | Page 43

Community Information | School District
Market Action Report October 2016

County : Collier

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
$ 1,950,000
0 %
-2%
Average List Price of all Current Listings
$ 3,089,094
1 %
2 %
October Median Sales Price
$ 1,650,000
13 %
2 %
0 %
0 %
$ 1,580,000
-4%
-4%
October Average Sales Price
$ 2,346,284
17 %
4 %
-11%
-1%
$ 2,239,054
-6%
-5%
Total Properties Currently for Sale ( Inventory )
1,317
5 %
24 %
October Number of Properties Sold
53 -10%
-16%
871
-14%
October Average Days on Market ( Solds )
156 -21% -3%
29 %
6 %
141
-2%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 718
9 %
2 %
9 %
7 %
$ 688
3 %
3 %
October Sold Price per Square Foot
$ 628
6 %
0 %
1 %
0 %
$ 643
3 %
2 %
October Month ' s Supply of Inventory
24.8
17 %
14 %
47 % 101 %
16.6
43 %
35 %
October Sale Price vs List Price Ratio
90.2 % 3.1 % 1.2 % -1.6% -2.3%
90.6 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales October Property sales were 53 , down 15.9 % from 63 in October of 2015 and 10.2 % lower than the 59 sales last month . October 2016 sales were at their lowest level compared to October of Property 2015 and 2014 Sales . October YTD sales of 871 are running 14.1 % October behind last Property year ' s sales year-to-date were 53 , sales down of 15.9 1,014 % . from 63 in October of 2015 and 10.2 % lower than the 59 sales last month . October 2016 sales were at their lowest level compared to October of 2015 and 2014 . October YTD sales of 871 are running 14.1 % behind last year ' s year-to-date sales of 1,014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 24.8 months was at its highest level compared with October of 2015 and 2014 .
180 120
160 100
140 80
120 60
100 40
80 20 600
2,000 1,400 1,800 1,600
Inventory & MSI
1,400
The Total Inventory of Properties available for sale as of
October was 1,317 , up 5.3 % from 1,251 last month and up 23.8 %
1,600
from 1,064 in October of last year . October 2016 Inventory was
1,400
at its highest level compared with October of 2015 and 2014 .
Inventory & MSI
1,200
The Total Inventory of Properties available for sale as of
1,000
October was 1,317 , up 5.3 % from 1,251 last month and up 23.8 %
1,600
800
from 1,064 in October of last year . October 2016 Inventory was
A comparatively lower MSI is more beneficial for sellers while a at its highest level compared with October of 2015 and 2014 . higher MSI is better for buyers . The October 2016 MSI of 24.8 months was at its highest level compared with October of 2015
1,400
600
1,200
400
1,000
200
and 2014 .
8000
600

Collier Agent County

Name
400 200
0
46 66
Number of Properties Sold
46 66 79 96 118 159 147 106 65 50 57 63 63 85 87 82 135 142 141 107 92 85 80 63 68 84 86 83 91 136 123 109 68 63 59 53
N D 13
79
Title Phone Website Other

Community Information | School District

40
N
D
13
Prices
The Median Sales Price in October was $ 1,650,000 , equal to
$ 1,650,000 in October of 2015 and up 13.4 % from $ 1,455,000 last month . The Average Sales Price in October was $ 2,346,284 ,
20
0
2,800
N
D
2,600
13
Prices down 10.8 % from $ 2,630,174 in October of 2015 and up 16.8 %
The from Median
$ 2,008,444 Sales Price last month in October
. October was $ 2016 1,650,000
ASP was , equal at the to
$ lowest 1,650,000 level in compared
October of to 2015 October and of up 2015
13.4 and % from
2014 $ . 1,455,000
2,400
2,800
2,200
last month . The Average Sales Price in October was $ 2,346,284 , down 10.8 % from $ 2,630,174 in October of 2015 and up 16.8 % from $ 2,008,444 last month . October 2016 ASP was at the
2,600
2,000
2,400
1,800
lowest level compared to October of 2015 and 2014 .
2,200
1,600
180 160 140
96 118 159 147 106
Number of Properties Sold
Median Sales Price and Average Sales Price
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
14
15
16
Median Sales Price and Average Sales Price
Total Inventory & Month ' s Supply of Inventory ( MSI )
F M A M J
J
A S O
30.0
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
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
1,097 1,098 1,170 1,182 1,103 1,070 1,020 957 928 924 926 994 1,054 1,097 1,202 1,191 1,208 1,173 1,142 1,085 1,044 1,013 1,016 1,064 1,168 1,209
1,342 1,434 1,488 1,443 1,366 1,299 1,239 1,214 1,251 1,317
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 N Dand JUp F| Property M A MTypes J: SFH J A- Con 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 Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 13Association 14 of REALTORS , My Florida Regional MLS 15 , 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 .
65 50 57 63 63 85 87 82 135 142 141 107 92 85 80 63 68 84 86 83 91 136 123 109 68
3 Mo Avg
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
14
15
16
63 59 53
3 Mo Avg
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
13
14
15
16
1,097 1,098 1,170 1,182 1,103 1,070 1,020 957 928 924 926 994 1,054 1,097 1,202 1,191 1,208 1,173 1,142 1,085 1,044 1,013 1,016 1,064 1,168 1,209
1,342 1,434 1,488 1,443 1,366 1,299
N D J 13 14
F M A M J
J A S O N D J 15
F M A M J
J A S O N D J 16
F M A M J
1,239 1,214 1,251 1,317
J A S O
3 Mo Avg
3 Mo Avg
25.0 20.0
15.0 30.0
10.0 25.0
5.0 20.0
0.0 15.0 10.0
c o l d w e l l b a n k e r h o m e s . c o m | 43
5.0