FL ARCHIVED February 2017 | Page 75

Market Action Report February 2017
Community Information | School District
Market Action Report February 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
$ 489,900
0 %
2 %
Average List Price of all Current Listings
$ 1,050,432
1 %
4 %
February Median Sales Price
$ 340,000
3 %
0 %
1 %
3 %
$ 340,000
-3%
3 %
February Average Sales Price
$ 616,876
9 %
6 %
-3%
8 %
$ 592,070
-10%
3 %
Total Properties Currently for Sale ( Inventory )
6,000
0 %
10 %
February Number of Properties Sold
576
1 %
12 %
1,148
7 %
February Average Days on Market ( Solds )
107
7 %
4 %
18 %
16 %
104
17 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 304
3 %
1 %
2 %
4 %
$ 299
0 %
3 %
February Sold Price per Square Foot
$ 266
2 %
4 %
1 %
6 %
$ 264
-1%
5 %
February Month ' s Supply of Inventory
10.4
-0%
6 %
-2%
27 %
10.4
7 %
28 %
February Sale Price vs List Price Ratio
92.8 %
-. 4 % -. 2 % -1.9% -. 6 %
93.0 %
-2%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200
February Property sales were 576 , up 12.3 % from 513 in
February of 2016 and 0.7 % higher than the 572 sales last month .
1,000
Property
February 2017 Sales sales were at a mid level compared to February
1,200 of
February
2016 and Property 2015 . February sales were YTD 576 , sales up 12.3 of % 1,148 from are 513 running 7.1 %
February ahead of of last 2016 year and ' s year-to-date 0.7 % higher than sales the of 572 1,072 sales . last month .
1,000
February 2017 sales were at a mid level compared to February of
800
2016 and 2015 . February YTD sales of 1,148 are running 7.1 % ahead of last year ' s year-to-date sales of 1,072 .
800
600
600
400
400

Naples

200
938 1,090
Number of Properties Sold
200 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 $ 340,000 , up 0.7 %
700
Prices from $ 337,500 in February of 2016 and up 3.0 % from Median Sales Price and Average Sales Price
3 Mo Avg
The $ 330,000 Median last Sales month Price . in The February Average was Sales $ 340,000 Price , in up February 0.7 % was 650
700 from $ 616,876 $ 337,500 , down in February 2.9 % from of $ 2016 635,485 and up in February 3.0 % from of 2016 and 600 $ 330,000 last month . The Average Sales Price in February 650
up 8.8 % from $ 567,091 last month . February 2017 ASP was at a 550 $ mid 616,876 range , down compared 2.9 % from to February $ 635,485 of in 2016 February and 2015 of 2016 . and 600
500 up 8.8 % from $ 567,091 last month . February 2017 ASP was at a 550 mid range compared to February of 2016 and 2015 .
450 500
400
450 400
350
350 300
300 250
250 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 6,000 of , Properties up 0.2 % from available 5,988 for last sale month as of and up 7,000
12.0
February 10.2 % from was 5,444 6,000 , in up February 0.2 % from of 5,988 last year last . month February and 2017 up 7,0006,000 12.0
10.0
10.2 Inventory % from 5,444 was at in its February highest of level last compared year . February with February 2017 of 6,000 5,000
10.0 Inventory 2016 and was 2015 at . its highest level compared with February of
8.0 5,000
2016 and 2015 . 4,000
8.0
4,000 6.0
3,000 6.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a 4.0
2,000 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The February 2017 MSI of 10.4 2,000 higher months MSI was is better at a mid for level buyers compared . The February with February 2017 MSI of of 2016 10.4 and
1,000 2.0
2.0 months was at a mid level compared with February of 2016 and
1,000 2015 .
0 0.0
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
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 N D J F 14
15 16
17 14
15 16
17
938 1,090 1,021 881 691 694 642 723 598 784 594 628 972 1,110 965 855 716 687 693 617 565 704 559 513 772 884 790 812 611 636 566 546 536 640 572 576
4,870 4,591 4,328 4,164 3,970 3,928
Agent Name
Title Phone Website Other

Community Information | School District

1,021 881 691 694 642 723 598
4,870 4,591 4,328 4,164 3,970 3,928 3,896 4,150 4,271
784 594
3,896 4,150 4,271 4,388 4,665 4,686 4,571 4,347 4,075 3,916 3,765 3,699 3,663
Number of Properties Sold
628 972 1,110 965
4,388 4,665 4,686 4,571 4,347 4,075 3,916 855 716 687
3,929 4,198 4,357 693 617 565
4,991 5,444 5,513
3,765 3,699 3,663 3,929 4,198 4,357 704 559 513 772 884 790 812
4,991 5,444 5,513 5,510 5,297 5,101 4,842 4,757 5,547 4,891 5,988 5,148 6,000
5,510 5,297 5,101 4,842 4,757 4,891 5,148 5,464
611
3 Mo Avg
636 566 546 536 640
5,464
5,547 5,988 6,000
3 Mo Avg
572
576
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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