FL ARCHIVED February 2017 | Page 85

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

City : Fort Myers Beach

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
$ 500,000
-4%
-7%
Average List Price of all Current Listings
$ 703,897
2 %
-2%
February Median Sales Price
$ 427,500
-15% -5%
11 %
1 %
$ 472,900
24 %
11 %
February Average Sales Price
$ 646,664
-16%
5 %
62 %
20 %
$ 705,821
31 %
31 %
Total Properties Currently for Sale ( Inventory )
366
1 %
12 %
February Number of Properties Sold
28
12 %
4 %
53
-21%
February Average Days on Market ( Solds )
133
16 %
4 %
99 %
14 %
125
54 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 492
24 %
12 %
6 %
13 %
$ 443
-4%
2 %
February Sold Price per Square Foot
$ 425
-25% -2%
28 %
5 %
$ 491
27 %
22 %
February Month ' s Supply of Inventory
13.1
-9%
13 %
8 %
35 %
13.8
41 %
42 %
February Sale Price vs List Price Ratio
92.0 % -1.6% -. 9 % -1.2% -. 7 %
92.7 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 28 , up 3.7 % from 27 in February
of 2016 and 12.0 % higher than the 25 sales last month . Property February 2017 Sales sales were at a mid level compared to February 70 of
February 2016 and Property 2015 . February sales were YTD 28 , up sales 3.7 of % from 53 are 27 running February 20.9 % of behind 2016 and last 12.0 year %' s higher year-to-date than the sales 25 sales of 67 last . month .
60
February 2017 sales were at a mid level compared to February of 2016 and 2015 . February YTD sales of 53 are running 20.9 % 50 behind last year ' s year-to-date sales of 67 . 40 30 20
Number of Properties Sold
10
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 $ 427,500 , up 11.0 %
800
Prices from $ 385,000 in February of 2016 and down 14.5 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 500,000 Median Sales last month Price in . The February Average was Sales $ 427,500 Price , in up February 11.0 % was
750
800 from
$ 646,664 $ 385,000 , up 62.1 in February % from of $ 398,837 2016 and in down February 14.5 % of from 2016 and
700
$ 500,000 last month . The Average Sales Price in February was
750 down 16.2 % from $ 772,076 last month . February 2017 ASP was
650
$ 646,664 , up 62.1 % from $ 398,837 in February of 2016 and
700 at the highest level compared to February of 2016 and 2015 .
600 down 16.2 % from $ 772,076 last month . February 2017 ASP was
650
550 at the highest level compared to February of 2016 and 2015 .
600
500
550
450
500
400
450
350
400
350
300
300
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 366 , of up Properties 1.4 % from available 361 last for month sale as and of up 11.6 %
February from 328 was in 366 February , up 1.4 of % last from year 361 . last February month 2017 and up Inventory 11.6 % was
450 from at its 328 highest in February level compared of last year with . February 2017 of Inventory 2016 and was 2015 .
400
450
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
14.0
at its highest level compared with February of 2016 and 2015 .
350
300
12.0
250
10.0
300 250
A comparatively lower MSI is more beneficial for sellers while
200 a A comparatively lower MSI is more beneficial for sellers while a 150 higher MSI is better for buyers . The February 2017 MSI of 13.1 higher MSI is better for buyers . The February 2017 MSI of 13.1 100 months was at its highest level compared with February of 2016 months was at its highest level compared with February of 2016 50 and 2015 . and 2015 .
0

Fort Myers Agent Name Beach Title Phone Website Other

Community Information | School District

70 60 50 40 30 20 10
52 51 66 54 29 30 37 31 37 50 33 32 52 63 52 40 35 37 28 34 30 30 40 27 25 48 44 40 25 23 24 29 27 45 25 28
391
200 150 100 50 0
M 14
361 52
391 343
51 361
311 66 54
M A M J A J
14
29 30 37 31 37
299 343
291 311
281 299
306 291
315 281 294
306 313
315
J A S O N D J 15
50 294
298 295
33 313 278
32 298 272 255 246 230 215
J A S O N D J F M A M J F M A M J
15
Number of Properties Sold
52
295 63
278 272
52
255 40 35 37 28
244 246
267 230
215 276
244 293
267 328
276 333
318 293
307 328
286 333 276 318
270 307
271
286
287 276 309 270 317 271
361
287 366 309
J A S O N D J F M A M J F M A M J 16
J A S O N D J
16
34 30 30 40 27 25 48 44 40 25 23
8.0 6.0 4.0 2.0 0.0
J A S O N D J
J A S O N D J 17
3 Mo Avg
24
F
29 317
27 361
3 Mo Avg
45 366
F
17
25 28
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 85