Fort Myers Community Information | School District
Fort Myers Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for January was 88 , up 10.0 % from 80 days last month and up 25.7 % from 70 days in January of last year . The January 2017 DOM was at a mid level compared with January of 2016 and 2015 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The January 2017 Selling Price per Square Foot of $ 141 was down 1.1 % from $ 143 last month and up 5.5 % from 134 in January of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The January 2017 Selling Price vs Original List Price of 93.5 % was down from 94.2 % last month and down from 94.2 % in January of last year .
Days On Market for Sold Properties
100 |
88 |
90 |
|
|
80 |
76 |
70 |
70 |
|
|
60 |
|
|
50 |
|
|
40 |
|
|
30 |
|
|
20 |
|
|
10 |
|
|
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 |
14 |
|
|
|
|
15 |
|
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|
|
16 |
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|
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|
17 |
Selling Price per Square Foot |
3 Mo Avg |
150 145 140 135 130 125 120 115 110 105 100
95 % 95 % 94 % 94 % 93 % 93 % 92 %
122
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 |
14 |
|
|
|
|
15 |
|
|
|
|
16 |
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|
|
|
17 |
134
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.2 % 94.2 %
3 Mo Avg
3 Mo Avg
141
93.5 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in January 2017 was 988 , up 59.6 % from 619 last month and up 4.1 % from 949 in January of last year .
92 % |
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 |
14 |
|
|
|
15 |
|
|
|
16 |
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|
17 |
Inventory / New Listings / Sales |
3,500 3,000 2,500 2,000 1,500 1,000
2,716
2,555 2,365 2,247 2,143 2,064 2,030 2,087 2,203 2,248 2,273 2,494 2,512 2,445 2,304 2,132 2,025 1,900 1,840 1,818 1,933 2,090 2,077
2,427 2,644 2,707 2,553 2,432 2,345 2,259 2,235 2,283 2,417 2,518 2,595
2,958
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 |
14 |
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|
|
15 |
|
|
|
16 |
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17 |
84 | c o l d w e l l b a n k e r h o m e s . c o m