FL ARCHIVED February 2017 | Page 77

Market Action Report February 2017
Phone Community Information | School District

County : Lee

Price Range : All | Properties : SFH - Con

Lee County

Agent Name
Market Action Report February 2017

Phone Community Information | School District

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
$ 312,000
-1%
2 %
Average List Price of all Current Listings
$ 481,838
-1%
1 %
February Median Sales Price
$ 225,000
0 %
0 %
8 %
5 %
$ 225,000
7 %
5 %
February Average Sales Price
$ 312,490
-1%
0 %
11 %
5 %
$ 314,513
1 %
6 %
Total Properties Currently for Sale ( Inventory )
9,934
6 %
13 %
February Number of Properties Sold
1,113
-4%
-5%
2,271
-2%
February Average Days on Market ( Solds )
92
7 %
7 %
30 %
18 %
89
24 %
14 %
Asking Price per Square Foot ( based on New Listings )
$ 193
1 %
-1%
4 %
5 %
$ 192
3 %
5 %
February Sold Price per Square Foot
$ 168
-1%
1 %
13 %
6 %
$ 169
6 %
7 %
February Month ' s Supply of Inventory
8.9
10 %
17 %
18 %
57 %
8.5
16 %
50 %
February Sale Price vs List Price Ratio
93.6 %
-. 5 % -. 6 % -. 6 %
-. 7 %
93.9 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 February Property sales were 1,113 , down 4.9 % from 1,170 in
February of 2016 and 3.9 % lower than the 1,158 sales last Property month . February Sales 2017 sales were at their lowest level compared 2,5002,000
February to February Property of 2016 sales and were 2015 1,113 . February , down 4.9 YTD % from sales 1,170 of 2,271 in are February running of 1.72016 % behind and 3.9 last % lower year ' s than year-to-date the 1,158 sales last of 2,310 . month . February 2017 sales were at their lowest level compared 2,0001,500 to February of 2016 and 2015 . February YTD sales of 2,271 are running 1.7 % behind last year ' s year-to-date sales of 2,310 .
1,5001,000
Title
Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
500
500 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 $ 225,000 , up 7.7 %
350
Prices from $ 209,000 in February of 2016 and up 0.0 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 224,948 Median last Sales month Price . in The February Average was Sales $ 225,000 Price , in up February 7.7 % was
330
350 from $ 312,490 $ 209,000 , up 11.4 in February % from $ of 280,594 2016 and in up February 0.0 % from of 2016 and 310 $ 224,948 last month . The Average Sales Price in February was
330
down 1.3 % from $ 316,457 last month . February 2017 ASP was 290 $ 312,490 , up 11.4 % from $ 280,594 in February of 2016 and 310 at the highest level compared to February of 2016 and 2015 . 270 down 1.3 % from $ 316,457 last month . February 2017 ASP was 290
250 at the highest level 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 9,934 of , Properties up 5.6 % from available 9,407 for last sale month as of and up 12,000
10.0
February 12.7 % from was 8,815 9,934 , in up February 5.6 % from of 9,407 last year last . month February and 2017 up 12,000 10.0
10,000 8.0
12.7 Inventory % from 8,815 was at in its February highest of level last compared year . February with 2017 February of 10,000 8.0
Inventory 2016 and was 2015 at . its highest level compared with February of 8,000
2016 and 2015 . 8,000
6.0
6,000 6.0
6,000 4.0
A comparatively lower MSI is more beneficial for sellers while a 4,000
4.0 A comparatively lower MSI is more beneficial for sellers while a 4,000 higher MSI is better for buyers . The February 2017 MSI of 8.9 higher months MSI was is better at its highest for buyers level . The compared February with 2017 February MSI of 8.9 2,000
2.0 of 20162,000
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
1,696 1,873 1,905 1,665 1,438 1,448 1,346 1,462 1,249 1,660 1,210 1,429 1,947 2,039 1,868 1,905 1,721 1,462 1,490 1,438 1,156 1,552 1,140 1,170 1,621 1,810 1,795 1,651 1,436 1,502 1,364 1,285 1,296 1,445 1,158 1,113
9,492 8,832 8,301 7,827 7,521 7,306
M
14
1,696 1,873 1,905 1,665 1,438 1,448 1,346 1,462 1,249
7,264 7,623 7,734 7,809 8,363 8,348 8,027 7,588 7,046 6,643 6,355 6,162
J A S O N D J
15
1,660 1,210 1,429 1,947 2,039
9,492 8,832 8,301 7,827 7,521 7,306 7,264 7,623 7,734 7,809 8,363 8,348 8,027 7,588 7,046 1,868 1,905 1,721 1,462
6,224 6,639 7,112 7,252
1,490
8,170 8,815
J A S O N D J
16
1,438 1,156
6,643 6,355 6,162 6,224 6,639 7,112 7,252 1,552 1,140
8,833 8,524 8,122
1,170 1,621 1,810 1,795 1,651 1,436
8,170 8,815 8,833 8,524 8,122 7,764 7,471 7,303 7,463
7,764 7,471 7,303 7,463 7,878 8,302 8,450
1,502
9,407 9,934
J A S O N D J
17
1,364 1,285
7,878 8,302 8,450 1,296 1,445
9,407
9,934 1,158 1,113
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