FL ARCHIVED March 2017 | Page 79

Market Action Report March 2017
Bonita Springs Agent / Bonita Name Beach Title Phone Community Information | School District Website Other
Market Action Report March 2017

City : Bonita Springs

Price Range : All | Properties : SFH - Con

Bonita Springs Agent / Bonita Name Beach Title Phone Community Information | School District Website Other

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
$ 424,950
1 %
-2%
Average List Price of all Current Listings
$ 675,973
2 %
-3%
March Median Sales Price
$ 390,000
36 %
18 %
11 %
20 %
$ 341,700
-2%
5 %
March Average Sales Price
$ 635,211
65 %
18 %
36 %
31 %
$ 551,960
12 %
14 %
Total Properties Currently for Sale ( Inventory )
1,050
-4%
2 %
March Number of Properties Sold
185
41 %
12 %
412
5 %
March Average Days on Market ( Solds )
96
-9%
-5%
13 %
8 %
99
19 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 263
1 %
2 %
5 %
6 %
$ 261
3 %
6 %
March Sold Price per Square Foot
$ 270
30 %
13 %
24 %
22 %
$ 243
9 %
10 %
March Month ' s Supply of Inventory
5.7 -32% -33% -9%
-18%
8.4
5 %
21 %
March Sale Price vs List Price Ratio
93.4 %
. 6 %
. 2 %
. 4 %
-. 1 %
93.4 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
March Property sales were 185 , up 12.1 % from 165 in March of
2016 and 41.2 % higher than the 131 sales last month . March
Property
2017 sales Sales were at a mid level compared to March of 2016 and
300
250
March
2015 . Property March YTD sales sales were of 185 412 , up are 12.1 running % from 4.8 165 % in ahead March of of last
2016 year and ' s year-to-date 41.2 % higher sales than of the 393 131 . sales last month . March
250
2017 sales were at a mid level compared to March of 2016 and
200
2015 . March YTD sales of 412 are running 4.8 % ahead of last year ' s year-to-date sales of 393 .
200
150
150
100
100 50
Number of Properties Sold
50 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 $ 390,000 , up 11.4 % from
700
Prices $ 350,000 in March of 2016 and up 35.9 % from $ 287,000 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 390,000 was , up $ 635,211 11.4 % from , up
650
700 $ 35.9 350,000 % from in March $ 467,290 of 2016 in March and up of 35.9 2016 % from and up $ 287,000 65.1 % from last 600 month . The Average Sales Price in March $ 635,211 , up
650
$ 384,778 last month . March 2017 ASP was at the highest level 550 35.9 % from $ 467,290 in March of 2016 and up 65.1 % from 600 compared to March of 2016 and 2015 .
500
$ 384,778 last month . March 2017 ASP was at the highest level 550 450 compared to March of 2016 and 2015 . 500
400 450
350 400
300 350
250
300 250
200
200 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 1,050 Inventory , down 4.2 of % Properties from 1,096 available last month for sale and as up of March 1.7 % from 1,200
12.0 was 1,032 1,050 in , March down 4.2 of % last from year 1,096 . March last month 2017 Inventory and up 1.7 was % from at its 1,200 12.0
1,000 10.0
1,032 highest in March level compared of last year with . March March 2017 of Inventory 2016 and was 2015 at . its 1,000 10.0 highest level compared with March of 2016 and 2015 . 800
8.0
800 8.0
600 6.0
600 6.0
A comparatively lower MSI is more beneficial for sellers while a 400 4.0
A comparatively lower MSI is more beneficial for sellers while a 400
4.0 higher MSI is better for buyers . The March 2017 MSI of 5.7 higher months MSI was is better at a mid for level buyers compared . The March with 2017 March MSI of of 2016 5.7
200 2.0 and 200
2.0 months 2015 . was at a mid level compared with March of 2016 and 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
M J F M A M J
F M A M J F M
14 15
16 17
238 237 187 153 143 124 154 133 192 124 155 202 257 229 175 147 124 139 142 112 159 116 112 165 214 184 185 121 135 142 98 135 155 96 131 185
1,057
976 913 893 840
A
14
238 237 187 153 143 124
827 819 831 154 133
J A S O N D J
15
192 124 155
840 884 869 838 816 806 747 708 702 755
Number of Properties Sold
202 257
1,057
976 913 893 840 827 819 831 840 884 869 838 816 806 229 175 147 124
747 708 702 755
781 820 846 139 142
J A S O N D J
16
112 159 116 112
975 1,053 1,032 1,056 1,011 962
781 820 846
165 214 184 185 121
920 874 913 958 958 980
135
975 1,053 1,032 1,056 1,011 962 920 874 913 958
J A S O N D J 17
142
1,075 1,096 1,050
3 Mo Avg
98 135
958 980 1,075
155
3 Mo Avg
96
1,096
1,050 131 185
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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