FL ARCHIVED January 2017 | Page 77

Market Action Report January 2017
Phone Community Information | School District

County : Lee

Price Range : All | Properties : SFH - Con

Lee County

Agent Name
Market Action Report January 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
$ 319,000
-0%
6 %
Average List Price of all Current Listings
$ 485,944
-1%
3 %
January Median Sales Price
$ 224,998
-3%
2 %
7 %
5 %
$ 224,998
7 %
5 %
January Average Sales Price
$ 320,038
-2%
5 %
-7%
8 %
$ 320,038
-7%
8 %
Total Properties Currently for Sale ( Inventory )
9,537
12 %
17 %
January Number of Properties Sold
1,090 -24%
-4%
1,090
-4%
January Average Days on Market ( Solds )
87
2 %
5 %
21 %
12 %
87
21 %
12 %
Asking Price per Square Foot ( based on New Listings )
$ 192
-4%
-2%
2 %
5 %
$ 192
2 %
5 %
January Sold Price per Square Foot
$ 171
2 %
5 %
1 %
8 %
$ 171
1 %
8 %
January Month ' s Supply of Inventory
8.7
48 %
25 %
22 %
54 %
8.7
22 %
54 %
January Sale Price vs List Price Ratio
94.1 %
. 0 %
-. 2 % -. 3 %
-. 1 %
94.1 %
-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 January Property sales were 1,090 , down 4.4 % from 1,140 in
January of 2016 and 24.1 % lower than the 1,437 sales last Property month . January Sales 2017 sales were at their lowest level compared 2,5002,000
January to January Property of 2016 sales and were 2015 1,090 . January , down 4.4 YTD % from sales 1,140 of 1,090 in are January running of 4.4 2016 % behind and 24.1 last % lower year ' s than year-to-date the 1,437 sales last of 1,140 . month . January 2017 sales were at their lowest level compared 2,0001,500 to January of 2016 and 2015 . January YTD sales of 1,090 are running 4.4 % behind last year ' s year-to-date sales of 1,140 .
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
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 M J J A S O N D J
0 14 15
16 17
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 M J J A S O N D J Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in January was $ 224,998 , up 7.0 % from
350
Prices $ 210,250 in January of 2016 and down 3.4 % from $ 233,000 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in January Sales Price was $ in 224,998 January , up was 7.0 $ % 320,038 from ,
330
350 $ down 210,250 7.4 in % January from $ 345,707 of 2016 in and January down 3.4 of % 2016 from and $ 233,000 down 1.6 % 310 last month . The Average Sales Price in January was $ 320,038 ,
330
from $ 325,195 last month . January 2017 ASP was at a mid 290 down 7.4 % from $ 345,707 in January of 2016 and down 1.6 % 310 range compared to January of 2016 and 2015 .
270 from $ 325,195 last month . January 2017 ASP was at a mid 290 250 range compared to January of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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 M J J A S O N D J
F M
14 A 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
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 January Total Inventory was 9,537 of , up Properties 12.2 % from available 8,498 for last sale month as of and up 12,000
10.0
January 16.7 % from was 9,537 8,170 , up in January 12.2 % from of last 8,498 year last . January month and 2017 up 12,000 10.0
10,000 8.0
16.7 Inventory % from 8,170 was at in its January highest of level last year compared . January with 2017 January of 10,000 8.0
Inventory 2016 and was 2015 at . its highest level compared with January 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 January 2017 MSI of 8.7 higher months MSI was is better at its highest for buyers level . The compared January with 2017 January MSI of 8.7 2,000
2.0 of 2016 2,000
2.0 months and 2015 was . at its highest level compared with January of 2016
0 0.0 and 2015 . 0
0.0 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 M J J A S O N D J
M A J F M A M J
F M A M J 14
15 16
17
1,223 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 1,169 1,621 1,810 1,795 1,651 1,436 1,501 1,362 1,281 1,294 1,437 1,090
9,960
9,491 8,831 8,300 7,826 7,520
F
14
1,223 1,696 1,873 1,905 1,665 1,438 1,448 1,346 1,462 1,249
7,305 7,263 7,622 7,733 7,808 8,361 8,346 8,026 7,587 7,045 6,642 6,354 6,161
J A S O N D J
15
1,660 1,210 1,429 1,947 2,039
9,960
9,491 8,831 8,300 7,826 7,520 7,305 7,263 7,622 7,733 7,808 8,361 8,346 8,026 7,587 7,045 1,868 1,905 1,721 1,462
6,224 6,639 7,113 7,252
1,490
8,170 8,815
J A S O N D J
16
1,438 1,156
6,642 6,354 6,161 6,224 6,639 7,113 7,252 1,552 1,140
8,835 8,527 8,125
1,169 1,621 1,810 1,795 1,651 1,436
8,170 8,815 8,835 8,527 8,125 7,768 7,478 7,311 7,465
7,768 7,478 7,311 7,465 7,883 8,300 8,498
1,501
9,537
J A S O N D J 17
1,362
7,883
8,300 1,281 1,294
8,498
9,537 1,437 1,090
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