FL ARCHIVED February 2017 | Page 46

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

City : Punta Gorda

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
$ 314,900
5 %
5 %
Average List Price of all Current Listings
$ 386,979
3 %
5 %
February Median Sales Price
$ 213,500
-9%
-9%
-1%
-7%
$ 221,500
5 %
-4%
February Average Sales Price
$ 257,644
-5%
-5%
-0%
-4%
$ 263,303
3 %
-2%
Total Properties Currently for Sale ( Inventory )
959
-2%
12 %
February Number of Properties Sold
136
21 %
11 %
248
4 %
February Average Days on Market ( Solds )
98
7 %
9 %
14 %
11 %
95
19 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 167
-1%
0 %
6 %
4 %
$ 168
6 %
5 %
February Sold Price per Square Foot
$ 144
-0%
-1%
3 %
2 %
$ 144
2 %
1 %
February Month ' s Supply of Inventory
7.1 -19% -15%
1 %
20 %
7.9
14 %
34 %
February Sale Price vs List Price Ratio
93.2 % -1.3% -1.0% -1.1% -. 7 %
93.7 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
February Property sales were 136 , up 10.6 % from 123 in
February of 2016 and 21.4 % higher than the 112 sales last
Property month . February Sales 2017 sales were at a mid level compared to
250
200
February Property of 2016 sales and 2015 were . 136 February , up 10.6 YTD % from sales 123 of in 248 are
February running of 3.8 2016 % ahead and 21.4 of last % higher year ' s than year-to-date the 112 sales sales last of 239 . month . February 2017 sales were at a mid level compared to
200
150
February of 2016 and 2015 . February YTD sales of 248 are
running 3.8 % ahead of last year ' s year-to-date sales of 239 .
150
100

Punta Agent Gorda

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
50 0
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
0 14 15
16 17
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in February was $ 213,500 , down 0.7 %
350
Prices from $ 215,000 in February of 2016 and down 8.9 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 234,325 Median last Sales month Price . in The February Average was Sales $ 213,500 Price , in down February 0.7 % was
330
350 from $ 257,644 $ 215,000 , down in February 0.2 % from of 2016 $ 258,059 and down in February 8.9 % from of 2016 and 310 $ 234,325 last month . The Average Sales Price in February was
330
down 4.6 % from $ 270,174 last month . February 2017 ASP was 290 $ 257,644 , down 0.2 % from $ 258,059 in February of 2016 and 310 at a mid range compared to February of 2016 and 2015 . 270 down 4.6 % from $ 270,174 last month . February 2017 ASP was 290
250 at a mid range compared to February of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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
14 M J J A S O N D J F M
15 A M J J A S O N D J F M
16 A M J J A S O N D J F
17
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 February Total Inventory was 959 , of down Properties 1.8 % from available 977 last for sale month as of and up 1,200
10.0
February 12.2 % from was 855 959 , in down February 1.8 % from of last 977 year last . month February and 2017 up 1,200 10.0
1,000 8.0
12.2 Inventory % from 855 was in at February its highest of level last year compared . February with 2017 February of 1,000 8.0
Inventory 2016 and was 2015 at . its highest level compared with February of 800
2016 and 2015 . 800
6.0
600 6.0
600 4.0
A comparatively lower MSI is more beneficial for sellers while a 400
4.0 A comparatively lower MSI is more beneficial for sellers while a 400 higher MSI is better for buyers . The February 2017 MSI of 7.1 higher months MSI was is better at its highest for buyers level . The compared February with 2017 February MSI of 7.1 200
2.0 of 2016200
2.0 months and 2015 was . at its highest level compared with February of 2016 0
0.0 and 2015 .
0
0.0 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
A J F M A M J
F M A M J F
14 15
16 17
168 226 183 163 154 136 142 144 103 157 128 147 210 230 219 177 183 134 156 147 102 197 116 123 149 190 169 165 142 127 139 119 126 98 112 136
1,094 1,044 980
913
M
14
168 226 183 163
1,094 1,044 980
913
154 136 142 144
785 767 778 829 846 855
103
785 767 778 829 846
J A S O N D J
15
157 128
946 948
872
805 147 210 230
855 946 948
872 805
219 177 183 134
716 674 642 643 626
716 674 642 643 626 699 734 748
156
J A S O N D J
16
147 102 197 116 123 149 190 169 165
793 855 861 842 767 765 716
793 699
734 855
748 861 842
767 765 716 682 686
751
852 142 127
893 977 959
682 686
751
J A S O N D J
17
139 119
852
893 126 98
977
959 112 136
46 | c o l d w e l l b a n k e r h o m e s . c o m
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 .