FL ARCHIVED March 2017 | Page 83

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

City : Fort Myers

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
$ 287,950
-0%
5 %
Average List Price of all Current Listings
$ 393,274
-0%
2 %
March Median Sales Price
$ 220,000
-4%
-2%
10 %
1 %
$ 221,200
11 %
2 %
March Average Sales Price
$ 256,228
-1%
-2%
6 %
0 %
$ 258,992
5 %
1 %
Total Properties Currently for Sale ( Inventory )
3,116
1 %
15 %
March Number of Properties Sold
569
61 %
11 %
1,294
8 %
March Average Days on Market ( Solds )
84
-2%
0 %
22 %
12 %
85
20 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 159
-2%
-1%
3 %
2 %
$ 162
4 %
4 %
March Sold Price per Square Foot
$ 145
4 %
2 %
8 %
6 %
$ 142
7 %
4 %
March Month ' s Supply of Inventory
5.5 -37% -25%
4 %
-6%
7.3
9 %
25 %
March Sale Price vs List Price Ratio
93.7 %
. 6 %
. 1 %
-. 3 %
. 1 %
93.4 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
700
March Property sales were 569 , up 10.7 % from 514 in March of
2016 and 61.2 % higher than the 353 sales last month . March
600
Property
2017 sales Sales were at a mid level compared to March of 2016 and
700
March
2015 . Property March YTD sales sales were of 569 1,294 , up 10.7 are % running from 514 7.7 in % March ahead of last
500
2016 year and ' s year-to-date 61.2 % higher sales than of the 1,202 353 . sales last month . March
2017 sales were at a mid level compared to March of 2016 and
600
400
2015 . March YTD sales of 1,294 are running 7.7 % ahead of last
500
year ' s year-to-date sales of 1,202 .
300
400
200
300
200
100

Fort Agent Myers

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
100
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
Prices
The Median Sales Price in March was $ 220,000 , up 10.0 % from
A
M J
14
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
3 Mo Avg
Prices
$ 200,000 in March of 2016 and down 3.5 % from $ 228,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 220,000 was , up $ 256,228 10.0 % from , up
$
6.3 200,000 % from in $ March 241,054 of 2016 in March and down of 2016 3.5 and % from down $ 228,000 1.3 % from last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 259,565 . The last Average month Sales . March Price 2017 in March ASP was $ at 256,228 the highest , up level
6.3 % from $ 241,054 in March of 2016 and down 1.3 % from
270 compared to March of 2016 and 2015 .
$ 259,565 last month . March 2017 ASP was at the highest level
250
250
230
compared to March of 2016 and 2015 .
230
210
210 190
190 170
632 579 514 444 449 399
632 579 514 444 449 399 465 410 492 400 487 594 640 587 597 514 462 462 445 377 454 335 353 514 527 537 475 437 432 377 360 384 426 372 353 569
170 150 150
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 3,116 Inventory , up 1.5 % of from Properties 3,070 last available month for and sale up as 15.0 of March % from 3,500
10.0 was 2,709 3,116 in , March up 1.5 % of from last 3,070 year . last March month 2017 and Inventory up 15.0 % was from at its 3,5003,000 10.0
8.0
2,709 highest in March level compared of last year with . March March 2017 of Inventory 2016 and was 2015 at . its 3,000 2,500
8.0 highest level compared with March of 2016 and 2015 .
2,500 2,000
6.0
2,000 6.0
1,500 4.0
A comparatively lower MSI is more beneficial for sellers while 1,500 a 1,000 4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2017 sellers MSI while of 5.5 a 1,000 2.0 higher months MSI was is better at its highest for buyers level . The compared March 2017 with MSI March of 5.5 of 2016 500
2.0 months was at its highest level compared with March of 2016 500 and 2015 . 0
0.0 and 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
465
2,365 2,247 2,143 2,064 2,030 2,087 2,203
2,365 2,247 2,143 2,064 2,030 2,087 2,203 2,248 2,273
410 492 400 487
2,494 2,512 2,445 2,304 2,132 2,025 1,902
Number of Properties Sold
594 640 587
2,248
2,273 2,494 2,512 2,445 2,304 2,132
597 514 462
1,841 1,822 1,936 2,094 2,081 462 445 377 454 335 353
2,430 2,647 2,709 2,553 2,431 2,341
2,025 1,902 1,841 1,822 1,936 2,094 2,081
514 527 537 475 437
2,255 2,226 2,273 2,411 2,514 2,568
432
2,430 2,647 2,709 2,553 2,431 2,341 2,255 2,226 2,273
377
2,866 3,070 3,116
3 Mo Avg
360
2,411 2,514 2,568
384 2,866
426
3 Mo Avg
372
3,070
3,116 353 569
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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