Fort Myers Beach Community Information | School District
Fort Myers Beach Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 114 , down 9.5 % from 126 days last month and up 25.3 % from 91 days in January of last year . The January 2017 DOM was at a mid level compared with January of 2016 and 2015 . |
250
200
150
100
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147 |
91 |
114 |
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50 |
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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 $ 573 was up 39.3 % from $ 411 last month and up 34.4 % from 426 in January of last year .
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600 550 500 450 400 350
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M A M J |
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S O N D |
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F M A M J |
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S O N D |
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F M A M J |
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14 |
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15 |
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16 |
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17 |
Selling Price per Square Foot |
3 Mo Avg |
339
426
573
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 93.4 % was up from 92.7 % last month and up from 92.9 % in January of last year .
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 83 , up 38.3 % from 60 last month and up 9.2 % from 76 in January of last year .
300
96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 % 87 % 86 %
450 400 350 300 250 200 150 100 50 0
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M A M J |
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S O N D |
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F M A M J |
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F M A M J |
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14 |
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17 |
Selling Price versus Listing Price Ratio
92.3 %
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M A M J |
J |
A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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14 |
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15 |
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16 |
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17 |
Inventory / New Listings / Sales |
404
391 361 343 311 299 291
Avg Selling Price divided by Avg Listing Price for sold properties during the month
281 306 315
294 313 298 295 278 272 255 246 230
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M A M J |
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S O N D |
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F M A M J |
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F M A M J |
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14 |
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17 |
215
244 267 276
92.9 %
293 328 333 318 307 286 276 270 271
3 Mo Avg
288 311 321
93.4 %
364
86 | c o l d w e l l b a n k e r h o m e s . c o m