FL ARCHIVED February 2017 | Page 83

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

City : Fort Myers

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
$ 289,000
0 %
5 %
Average List Price of all Current Listings
$ 391,498
0 %
2 %
February Median Sales Price
$ 227,625
4 %
1 %
11 %
5 %
$ 223,000
12 %
3 %
February Average Sales Price
$ 260,217
-1%
0 %
8 %
2 %
$ 261,581
4 %
2 %
Total Properties Currently for Sale ( Inventory )
3,170
9 %
20 %
February Number of Properties Sold
320 -13%
-9%
689
0 %
February Average Days on Market ( Solds )
88
2 %
5 %
17 %
17 %
87
21 %
16 %
Asking Price per Square Foot ( based on New Listings )
$ 163
-1%
1 %
4 %
4 %
$ 164
4 %
4 %
February Sold Price per Square Foot
$ 140
-0%
0 %
8 %
2 %
$ 140
6 %
2 %
February Month ' s Supply of Inventory
9.9
26 %
25 %
32 %
70 %
8.9
21 %
53 %
February Sale Price vs List Price Ratio
93.0 %
-. 4 % -. 6 %
. 0 %
-. 7 %
93.2 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Fort Agent Myers

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
700
February Property sales were 320 , down 9.3 % from 353 in
February of 2016 and 13.3 % lower than the 369 sales last month .
600
Number of Properties Sold
3 Mo Avg
Property
February 2017 Sales sales were at their lowest level compared to
700
February Property of 2016 sales and 2015 were . 320 February , down 9.3 YTD % from sales 353 of 689 in are February running of 0.3 2016 % ahead and 13.3 of last % lower year than ' s year-to-date the 369 sales sales last of month 687 . .
February 2017 sales were at their lowest level compared to
February of 2016 and 2015 . February YTD sales of 689 are running 0.3 % ahead of last year ' s year-to-date sales of 687 .
600
500
500
400
300
400
200
300
200
100
100
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
Prices
The Median Sales Price in February was $ 227,625 , up 11.0 %
M
A M J
14
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
3 Mo Avg
Prices from $ 205,000 in February of 2016 and up 4.2 % from
The
$ 218,500 Median last Sales month Price . in The February Average was Sales $ 227,625 Price , in up February 11.0 % was from
$ 260,217 $ 205,000 , up 8.3 in February % from $ of 240,268 2016 and in February up 4.2 % from of 2016 and
290
$ down 218,500 1.0 last % from month $ 262,764 . The Average last month Sales . Price February in February 2017 ASP was was
$ 260,217 , up 8.3 % from $ 240,268 in of 2016 and
270 at the highest level compared to February of 2016 and 2015 . down 1.0 % from $ 262,764 last month . February 2017 ASP was
250
290
270
250
230
Median Sales Price and Average Sales Price
3 Mo Avg
at the highest level compared to February of 2016 and 2015 .
230
210
210
190
190
170
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
The
February Total Inventory was 3,170 of , Properties up 8.9 % from available 2,910 for last sale month as of and up
February
19.8 % from was 2,645 3,170 , in up February 8.9 % from of 2,910 last year last . month February and up 2017
3,500
3,5003,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
19.8
Inventory % from 2,645 was at in its February highest of level last compared year . February with February 2017 of
3,000
2,500
10.0
Inventory
2016 and was 2015 at . its highest level compared with February of
2,500
2016 and 2015 .
2,000
8.0
2,000
1,500
6.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
1,000
A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The February 2017 MSI of
9.91,000 higher months MSI was is better at its highest for buyers level . The compared February with 2017 February MSI of 9.9 of 2016
500
2.0 months was at its highest level compared with February of 2016
500 and 2015 .
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
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
8.0
6.0
4.0
2.0
0.0
520 632 579 514
520 632 579 514 444 449 399 465 410 492 400 487 594 640 587 597 514 461 461 444 378 452 334 353 513 527 537 474 436 432 377 359 384 426 369 320
2,555 2,365 2,247 2,143 2,064 2,030 444 449 399 465
2,555 2,365 2,247 2,143 2,064 2,030 2,087 2,203
2,087 2,203 2,248 2,273
410 492 400 487 594 640
2,494 2,512 2,445 2,304 2,132 2,025 1,900
587
2,248
2,273 2,494 2,512 2,445 2,304 2,132
597 514 461
1,840 1,818 1,933 2,090 2,077 461 444 378 452 334 353
2,427 2,645 2,707 2,551 2,429 2,341
2,025 1,900 1,840 1,818 1,933 2,090 2,077
513 527 537 474 436
2,254 2,225 2,274 2,411 2,512 2,568
432
2,427 2,645 2,707 2,551 2,429 2,341 2,254 2,225 2,274
377
2,910 3,170
359
2,411 2,512 2,568 384 426
2,910
3,170 369 320
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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