FL ARCHIVED September 2017 | Page 79

Market Action Report September 2017
Community Information | School District
Market Action Report September 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
$ 270,000
-3%
-2%
Average List Price of all Current Listings
$ 357,816
-3%
-2%
September Median Sales Price
$ 229,950
2 %
3 %
7 %
12 %
$ 220,000
9 %
8 %
September Average Sales Price
$ 285,152
7 %
6 %
12 %
16 %
$ 267,520
10 %
8 %
Total Properties Currently for Sale ( Inventory )
1,991
2 %
-0%
September Number of Properties Sold
346 -34%
-26%
4,284
1 %
September Average Days on Market ( Solds )
75
4 %
0 %
0 %
7 %
77
12 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 154
-1%
-1%
3 %
0 %
$ 157
4 %
2 %
September Sold Price per Square Foot
$ 152
6 %
4 %
12 %
12 %
$ 145
8 %
7 %
September Month ' s Supply of Inventory
5.8
53 %
28 %
34 %
18 %
4.8
-1%
-2%
September Sale Price vs List Price Ratio
95.1 %
-. 3 %
. 1 %
-. 3 %
. 2 %
94.7 %
-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
September Property sales were 346 , down 25.8 % from 466 in
September of 2016 and 33.7 % lower than the 522 sales last
600
Property month . September Sales 2017 sales were at their lowest level
September compared Property to September sales were of 2016 346 , and down 2015 25.8 . % September from 466 YTD in
700
500
September sales of 4,284 of 2016 are and running 33.7 % 1.2 lower % ahead than the of last 522 year sales ' s last year-to-date
600 month sales . of September 4,233 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD
500 sales of 4,284 are running 1.2 % ahead of last year ' s year-to-date sales of 4,233 .
400
400
300
200
300
100
200
Prices
The Median Sales Price in September was $ 229,950 , up 7.0 %
Prices from $ 215,000 in September of 2016 and up 2.1 % from
290
The
$ 225,133 Median last Sales month Price . in The September Average was Sales $ 229,950 Price in , September up 7.0 % was from
$ 285,152 $ 215,000 , up 11.8 in September % from $ 254,951 of 2016 and in September up 2.1 % from of 2016 and up
290
270
$
6.7 225,133 % from last $ month 267,354 . The last Average month . Sales September Price in 2017 September ASP was at
$ 285,152 , up 11.8 % from $ 254,951 in September of 2016 and up
270 the highest level compared to September of 2016 and 2015 .
6.7 % from $ 267,354 last month . September 2017 ASP was at
250
250
230
the highest level compared to September of 2016 and 2015 .
230
210
210
190

Cape Agent Coral

Name
Title Phone Website Other

Community Information | School District

100 0
0
190 170
451
Number of Properties Sold
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
14
15
16
17
J
F M A M J
15
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
16
17
J
A S
3 Mo Avg
Median Sales Price and Average Sales Price
451 374 493 355 406 579 569 496 615 572 473 474 444 344 509 351 361 471 538 548 533 479 486 466 416 399 449 340 372 584 513 550 563 494 522 346
O N D
14
374 493 355 406 579
170
150
150
O
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
14
15
16
17
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
J
A S
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
September Total Inventory was 1,991 of Properties , up 1.6 % from available 1,959 for last sale month as of and down
3,000
September
0.2 % from was 1,994 1,991 in , September up 1.6 % from of 1,959 last year last . month September and down 2017
3,000
2,500
0.2
Inventory % from 1,994 was at in a September mid level of compared last year . with September September 2017 of
20162,500
Inventory and 2015 was . at a mid level compared with September of 2016
2,000 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 September 2017 MSI of 5.8
500
2.0 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 5.8 of
500 months was at its highest level compared with September of
1.0
2016 and 2015 .
0
2016 and 2015 .
0
0.0
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 D J
F M A M J
J A S
14
15
16
17
14
15
16
17
2,129 2,185 2,239 2,368 2,428 2,337 569 496
2,129 2,185 2,239 2,368 2,428 2,337 2,204
1,988 1,827 1,789
615
2,204 1,988
1,827 572 473
1,789 1,712 1,752 1,852 2,287
1,712 1,752 1,852 2,010 2,053
Number of Properties Sold
474 444 344 509 351
2,441 2,395 2,310
2,010 2,053
361 471
2,287 2,441 2,395
538
2,310
2,169 548 533
2,065
2,036 479 486 466 2,051
2,169 2,065 2,036 1,972 1,994 2,051
2,178 1,972
2,182 1,994 2,368
416 399
2,178
2,182 449 340
2,368
2,401 372 584
2,369 2,237
3 Mo Avg
513
3 Mo Avg
2,401 2,369 2,237 2,134 2,050 1,940 1,959 1,991
550
2,134 2,050
563
3 Mo Avg
494 522
1,940 1,959 1,991
346
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 Assoc 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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