FL ARCHIVED October 2017 | Page 73

Market Action Report October 2017
Community Information | School District
Market Action Report October 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
$ 475,000
-1%
-3%
Average List Price of all Current Listings
$ 1,001,494
-3%
-3%
October Median Sales Price
$ 353,500
7 %
4 %
9 %
7 %
$ 350,000
6 %
6 %
October Average Sales Price
$ 557,997
-0%
-3%
10 %
-2%
$ 612,554
7 %
7 %
Total Properties Currently for Sale ( Inventory )
4,455
1 %
-15%
October Number of Properties Sold
520
36 %
-5%
6,989
4 %
October Average Days on Market ( Solds )
115
6 %
5 %
20 %
25 %
107
20 %
16 %
Asking Price per Square Foot ( based on New Listings )
$ 282
-10% -2%
-7%
-2%
$ 288
0 %
0 %
October Sold Price per Square Foot
$ 240
-7%
-2%
4 %
-4%
$ 261
4 %
4 %
October Month ' s Supply of Inventory
8.6 -26% -6% -11%
4 %
8.2
2 %
-1%
October Sale Price vs List Price Ratio
92.5 %
-. 2 %
. 2 % -1.1% -. 9 %
92.3 %
-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
October Property sales were 520 , down 4.9 % from 547 in
October of 2016 and 36.1 % higher than the 382 sales last month .
1,000
Property
October 2017 Sales sales were at their lowest level compared to
1,200
October Property of 2016 sales and 2015 were . 520 October , down YTD 4.9 % sales from of 547 6,989 in are
October running of 4.4 2016 % ahead and 36.1 of % last higher year than ' s year-to-date the 382 sales sales last of month 6,694 ..
October 2017 sales were at their lowest level compared to
1,000
800
October of 2016 and 2015 . October YTD sales of 6,989 are running 4.4 % ahead of last year ' s year-to-date sales of 6,694 .
800
600
600
400
Prices
The Median Sales Price in October was $ 353,500 , up 8.9 % from
Prices
$ 324,500 in October of 2016 and up 7.1 % from $ 330,000 last
The month Median . The Sales Average Price Sales in October Price was in October $ 353,500 was , up $ 8.9 557,997 % from , up
750
$
10.2 324,500 % from in October $ 506,241 of 2016 in October and up of 7.1 2016 % from and $ down 330,000 0.4 last % from
750 month
$ 560,482 . The last Average month Sales . October Price in 2017 October ASP was $ at 557,997 a mid , up range
650
10.2 compared % from $ to 506,241 October in of October 2016 and of 2016 2015 and . down 0.4 % from
$ 560,482 last month . October 2017 ASP was at a mid range
650
550
compared to October of 2016 and 2015 .
550
450
400
200
0
200
450
350

Naples

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
598 784 594 628 972 1,111 965 855 716 687 693 617 565 704 559 514 772 884 791 813 611 636 567 547 541 648 580 622 884 838 969 889 642 663 382 520
N D
14
598 784
Agent Name
Title Phone Website Other

Community Information | School District

594 628 972
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 4,455 of , up Properties 0.8 % from available 4,420 for last sale month as of and down
7,000
October
15.2 % from was 4,455 5,251 , up in October 0.8 % from of 4,420 last year last . month October and 2017 down
7,0006,000
15.2
Inventory % from 5,251 was at in a October mid level of compared last year . October with October 2017 of 2016 and
6,000
5,000
Inventory
2015 . was at a mid level compared with October of 2016 and
5,000
2015 .
4,000
4,000
3,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
12.0
10.0
8.0
14.0
12.0
10.0
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 October for 2017 sellers MSI while of a 8.6
2,000
4.0 higher months MSI was is better at a mid for level buyers compared . The October with October 2017 MSI of of 2016 8.6 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
4.0
2.0
0.0
1,111 965 855
4,275 4,393 4,670 4,691 4,576 4,352 4,081 3,922
4,275 4,393 4,670 4,691 4,576 4,352 4,081 3,922 3,771 3,705 3,669 716 687 693
3,937 4,207 4,366
Number of Properties Sold
617 565
3,771 3,705 3,669 3,937 4,207 4,366 704 559 514 772
5,004 5,461 5,534 5,539 5,338 5,143 4,896 884 791 813 611
5,004 5,461 5,534 5,539 5,338 5,143 4,896 4,816
636
4,816 4,970 5,251 5,590 5,708
567 547 541
6,214 6,363 6,296 5,982
4,970 5,251 5,590
648 580 622 884
5,502 5,174 4,857 4,730 4,420 4,455
3 Mo Avg
838
5,708 6,214 6,363 6,296 5,982 5,502 5,174 969 889
3 Mo Avg
642 663
4,857 4,730 4,420 4,455
3 Mo Avg
382
520
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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