FL ARCHIVED October 2017 | Page 69

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

County : Collier

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
$ 493,900
-0%
-1%
Average List Price of all Current Listings
$ 1,002,525
-3%
-3%
October Median Sales Price
$ 369,000
7 %
5 %
12 %
7 %
$ 360,000
5 %
4 %
October Average Sales Price
$ 574,736
2 %
-1%
9 %
-1%
$ 619,205
6 %
6 %
Total Properties Currently for Sale ( Inventory )
5,125
0 %
-15%
October Number of Properties Sold
577
40 %
-4%
7,768
4 %
October Average Days on Market ( Solds )
120
11 %
7 %
24 %
26 %
109
18 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 294
-8%
-2%
-6%
-2%
$ 298
0 %
0 %
October Sold Price per Square Foot
$ 255
-4%
0 %
6 %
-2%
$ 270
3 %
3 %
October Month ' s Supply of Inventory
8.9 -29% -7% -12%
4 %
8.4
2 %
-2%
October Sale Price vs List Price Ratio
92.4 %
-. 2 %
. 1 %
-. 9 %
-. 8 %
92.2 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
October Property sales were 577 , down 4.2 % from 602 in
October of 2016 and 40.4 % higher than the 411 sales last month .
1,200
Property
October 2017 Sales sales were at their lowest level compared to
1,400
October Property of 2016 sales and 2015 were . 577 October , down YTD 4.2 % sales from of 602 7,768 in are
1,000
October running of 4.1 2016 % ahead and 40.4 of last % higher year ' s than year-to-date the 411 sales sales last of month 7,462 .
October 2017 sales were at their lowest level compared to
1,200
800
October of 2016 and 2015 . October YTD sales of 7,768 are
1,000
running 4.1 % ahead of last year ' s year-to-date sales of 7,462 .
600
800
400
600
400
200
Prices
The Median Sales Price in October was $ 369,000 , up 12.2 %
Prices from $ 328,748 in October of 2016 and up 7.0 % from $ 345,000
The last Median month Sales . The Price Average in October Sales Price was $ in 369,000 October , up was 12.2 $ 574,736 % ,
750
from up 8.6 $ 328,748 % from in $ 529,329 October of in 2016 October and of up 2016 7.0 % and from up $ 2.5 345,000 % from
750 last
$ 560,932 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 574,736 highest , level
650
up compared 8.6 % from to $ October 529,329 of in 2016 October and of 2015 2016 . and up 2.5 % from
$ 560,932 last month . October 2017 ASP was at the highest level
650
550
compared to October of 2016 and 2015 .
550
450

Collier Agent County

Name
Title Phone Website Other

Community Information | School District

200 0
450 350
0
Number of Properties Sold
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
14
15
16
17
J
F M A M J
15
J
Median
A S O N Sales D
J
F Price M A M and J J AAverage S O N DSales
J
F MPrice A M J
16
17
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
646 860 657 707 1,071 1,213 1,048 985 784 757 773 687 616 772 622 581 851 975 890 908 686 703 644 602 600 723 646 696 982 945 1,081 988 709 733 411 577
N D
14
646 860 657 707 1,071
350
250
250
N
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
D
14
J
F
15 M A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17 M J
J
A S O
A S O
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
October Total Inventory was 5,125 , of up Properties 0.3 % from available 5,108 last for sale month as of and down
8,000
October
15.3 % from was 5,125 6,052 , up in 0.3 October % from of 5,108 last year last . month October and 2017 down
8,0007,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
15.3
Inventory % from 6,052 was at in a October mid level of compared last year . October with October 2017 of 2016 and
7,0006,000
12.0
Inventory
2015 . was at a mid level compared with October of 2016 and
6,0005,000
10.0
2015 .
5,0004,000
8.0
4,000
3,000
A comparatively lower MSI is more beneficial for sellers while
6.0
3,000 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 8.9
2,000
4.0 higher MSI is better for buyers . The October 2017 MSI of 8.9
2,000 months was at a mid level compared with October of 2016 and
1,000 months was at a mid level compared with October of 2016 and
1,000
2.0
2015 .
0
2015 .
0
0.0
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 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
17
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
1,213 1,048 985
4,948 5,094 5,410 5,444 5,319 5,077 4,796 4,591
4,948 5,094 5,410 5,444 5,319 5,077 4,796 4,591 4,406 4,297 4,277 784 757
4,406 4,297 4,277
773
4,564 4,918 5,117
Number of Properties Sold
687 616
5,846 6,320
4,564 4,918 5,117 772 622 581 851 975 890 908 686
5,846 6,320 6,424 6,401 6,164 5,944 5,661 5,580
6,424 6,401 6,164 5,944 5,661 5,580 5,750 6,052 6,451
703 644
5,750 6,570
6,052 7,087
602 600 723 646 696 982
6,451
6,570 7,087 7,264 7,184 6,847 6,281
7,264 7,184 6,847 6,281 5,939 5,583 5,466
3 Mo Avg
945 1,081
3 Mo Avg
5,108 5,125
988
5,939 5,583 5,466
709
3 Mo Avg
733
5,108
5,125 411 577
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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