FL ARCHIVED January 2017 | Page 85

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 520,000
-1%
-2%
Average List Price of all Current Listings
$ 693,493
-3%
2 %
January Median Sales Price
$ 500,000
20 %
11 %
38 %
18 %
$ 500,000
38 %
18 %
January Average Sales Price
$ 788,474
42 %
30 %
24 %
46 %
$ 788,474
24 %
46 %
Total Properties Currently for Sale ( Inventory )
364
13 %
24 %
January Number of Properties Sold
23 -49%
-43%
23
-43%
January Average Days on Market ( Solds )
114 -10% -10% 25 %
-3%
114
25 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 394
-7%
-9% -15% -10%
$ 394
-15%
-10%
January Sold Price per Square Foot
$ 573
39 %
31 %
34 %
42 %
$ 573
35 %
42 %
January Month ' s Supply of Inventory
15.8
122 % 38 % 116 % 63 %
15.8
116 %
63 %
January Sale Price vs List Price Ratio
93.4 %
. 8 %
. 8 %
. 5 %
. 8 %
93.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales January Property sales were 23 , down 42.5 % from 40 in
January of 2016 and 48.9 % lower than the 45 sales last month . Property January 2017 Sales sales were at their lowest level compared to 70
January Property of 2016 sales and 2015 were . 23 January , down 42.5 YTD % sales from of 4023 in are running January 42.5 % behind of 2016 last and year 48.9 '% s year-to-date lower than the sales 45 sales of 40 last . month . 60
January 2017 sales were at their lowest level compared to January of 2016 and 2015 . January YTD sales of 23 are running 50 42.5 % behind last year ' s year-to-date sales of 40 .
40

Fort Myers Agent Name Beach Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
45 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 23
404
F 14
391 45
404 361
52 391 343
51 361 311
66 343
299 54 29 30 37 31
291 311
281 299
306 291 315
281 294
306 37
313 298
J A S O N D J 15
50 295
33
Number of Properties Sold
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
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 $ 500,000 , up 37.6 %
800
Prices from $ 363,500 in January of 2016 and up 20.5 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 415,000 Median last Sales month Price . in The January Average was Sales $ 500,000 Price , in up January 37.6 % was
750
800 from
$ 788,474 $ 363,500 , up in 23.8 January % from of $ 2016 636,640 and in up January 20.5 % from of 2016 and up
700 $ 415,000 last month . The Average Sales Price in January
750
42.4 % from $ 553,656 last month . January 2017 ASP was at the
650
$ 788,474 , up 23.8 % from $ 636,640 in January of 2016 and up
700 highest level compared to January of 2016 and 2015 .
600
42.4 % from $ 553,656 last month . January 2017 ASP was at the
650
550 highest level compared to January of 2016 and 2015 .
600
500
550
450
500
400
450
350
400
350
300
300
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
The
January Total Inventory was 364 , up of Properties 13.4 % from available 321 last for month sale as and of up 24.2 %
January from 293 was in 364 January , up 13.4 of % last from year 321 . January last month 2017 and Inventory up 24.2 % was
450 at from its highest 293 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . at
400
450
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
18.0
16.0
18.0
16.0
14.0
its highest level compared with January of 2016 and 2015 .
350
300
14.0
12.0
300
250
12.0
10.0
250
200
10.0
8.0
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 January 2017 MSI of 15.8 higher MSI is better for buyers . The January 2017 MSI of 15.8
100 months was at its highest level compared with January of 2016 months was at its highest level compared with January of 2016
50 and 2015 . and 2015 .
0
150
100
50
0
F
M A M J
M A J
14
J A S O N D J
F M A M J
F M A M J
15
J A S O N D J
F M A M J
F M A M J
16
8.0
6.0
4.0
2.0
0.0
J A S O N D J
17
6.0
4.0
2.0
0.0
315 294 313
278 32
298 272
52
295 255
278 63 246
272 52
230 255
40
215
35 37 28
244 246
267 230
215 276
244 293
J A S O N D J
16
34 30 30 40 27 25 48 44 40 25
3 Mo Avg
23
267 328
276 333
318 293
307 328 286 333
276 318
270 307
271
286
288 276 311 270 321 271
364 288
J A S O N D J 17
24 311
29 321
3 Mo Avg
27
364 45 23
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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