FL ARCHIVED March 2017 | Page 75

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

City : Naples

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
$ 489,000
2 %
-0%
Average List Price of all Current Listings
$ 1,032,812
0 %
2 %
March Median Sales Price
$ 360,000
3 %
3 %
9 %
9 %
$ 349,000
3 %
6 %
March Average Sales Price
$ 660,051
9 %
9 %
17 %
15 %
$ 617,494
0 %
8 %
Total Properties Currently for Sale ( Inventory )
6,043
-2%
9 %
March Number of Properties Sold
849
38 %
10 %
2,042
11 %
March Average Days on Market ( Solds )
102
-6%
-2%
21 %
11 %
103
18 %
12 %
Asking Price per Square Foot ( based on New Listings )
$ 298
-1%
1 %
1 %
3 %
$ 297
0 %
2 %
March Sold Price per Square Foot
$ 277
5 %
5 %
11 %
10 %
$ 268
3 %
7 %
March Month ' s Supply of Inventory
7.1 -29% -23% -0%
-13%
9.2
4 %
12 %
March Sale Price vs List Price Ratio
92.5 %
-. 5 % -. 4 % -1.4% -. 9 %
92.9 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200
March Property sales were 849 , up 10.0 % from 772 in March of
2016 and 38.0 % higher than the 615 sales last month . March
1,000
Property
2017 sales Sales were at a mid level compared to March of 2016 and
1,200
March
2015 . Property March YTD sales sales were of 849 2,042 , up 10.0 are % running from 772 10.7 in % March ahead of of last
2016 year and ' s year-to-date 38.0 % higher sales than of the 1,844 615 . sales last month . March
1,000
2017 sales were at a mid level compared to March of 2016 and
800
2015 . March YTD sales of 2,042 are running 10.7 % ahead of last year ' s year-to-date sales of 1,844 .
800
600
600
400
400

Naples

200
1,090 1,021
Number of Properties Sold
200 0 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
0 14 15
16 17
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in March was $ 360,000 , up 9.1 % from
700
Prices $ 330,000 in March of 2016 and up 3.3 % from $ 348,500 last Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in March Price was in $ March 360,000 was , up $ 660,051 9.1 % from , up 650
700 $ 16.6 330,000 % from in March $ 565,941 of 2016 in March and up of 3.3 2016 % from and $ up 348,500 8.7 % from last 600 month . The Average Sales Price in March $ 660,051 , up 650
$ 607,304 last month . March 2017 ASP was at the highest level 550 16.6 compared % from $ to 565,941 March in of March 2016 and of 2016 2015 and . up 8.7 % from 600
500
$ 607,304 last month . March 2017 ASP was at the highest level 550 compared to March of 2016 and 2015 .
450 500
400
450 400
350
350 300
300 250
250 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 M
14 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 M
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 March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 6,043 Inventory , down 2.3 of % Properties from 6,187 available last month for sale and as up of March 9.5 % from 7,000
12.0 was 5,520 6,043 in , March down 2.3 of % last from year 6,187 . March last month 2017 Inventory and up 9.5 was % from at its 7,0006,000 12.0
10.0
5,520 highest in March level compared of last year with . March March 2017 of Inventory 2016 and was 2015 at . its 6,000 5,000
10.0 highest level compared with March of 2016 and 2015 .
8.0
5,000 4,000
8.0
4,000 6.0
3,000 6.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a 4.0
2,000 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The March 2017 MSI of 7.1 2,000 higher months MSI was is better at a mid for level buyers compared . The March with 2017 March MSI of of 2016 7.1 and
1,000 2.0
2.0 months was at a mid level compared with March of 2016 and
1,000 2015 .
0 0.0
2015 . 0
0.0 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 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
15 16
17 14
15 16
17
1,090 1,021 881 691 694 642 723 598 784 594 628 972 1,110 965 855 716 687 693 617 565 704 559 513 772 884 790 812 611 636 566 546 537 642 578 615 849
4,590 4,327 4,163 3,969 3,927 3,895 4,149 4,270
Agent Name
Title Phone Website Other

Community Information | School District

881 691 694 642 723 598
4,590 4,327 4,163 3,969 3,927 3,895 4,149 4,270
784 594 628
4,387 4,664 4,685 4,570 4,346 4,074 3,915 3,764 3,698 3,662
Number of Properties Sold
972 1,110 965
4,387 4,664 4,685 4,570 4,346 4,074 3,915 855 716 687
3,928 4,197 4,356 693 617 565
3,764 3,698 3,662 3,928 4,197 4,356 704 559 513
4,992 5,448 5,520 5,521 5,310 5,115 4,858 772 884 790 812 611
4,992 5,448 5,520 5,521 5,310 5,115 4,858 4,773
4,773 4,918 5,183 5,504 5,607
636
6,073 6,187 6,043
4,918 5,183
3 Mo Avg
566 546 537
5,504 5,607
6,073 642
3 Mo Avg
578
6,187
6,043 615 849
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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