FL ARCHIVED March 2017 | Page 85

Market Action Report March 2017
Community Information | School District
Market Action Report March 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
$ 495,000
-1%
-2%
Average List Price of all Current Listings
$ 699,640
-2%
2 %
March Median Sales Price
$ 462,500
8 %
3 %
25 %
9 %
$ 471,000
27 %
11 %
March Average Sales Price
$ 571,471
-12% -6%
37 %
6 %
$ 629,656
24 %
17 %
Total Properties Currently for Sale ( Inventory )
345
-1%
5 %
March Number of Properties Sold
65
132 %
160 %
119
29 %
March Average Days on Market ( Solds )
104 -22% -11% -30% -11%
113
13 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 413
-16% -4%
-4%
-5%
$ 435
-4%
0 %
March Sold Price per Square Foot
$ 387
-9%
-9%
-1%
-4%
$ 433
11 %
7 %
March Month ' s Supply of Inventory
5.3 -57% -48% -60% -44%
10.3
-5%
9 %
March Sale Price vs List Price Ratio
94.7 %
2.9 % 1.4 % 1.7 % 2.3 %
93.7 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales March Property sales were 65 , up 160.0 % from 25 in March of
2016 and 132.1 % higher than the 28 sales last month . March Property 2017 sales Sales were at their highest level compared to March of 2016 70
March and 2015 Property . March sales YTD were sales 65 , up of 119 160.0 are % running from 25 in 29.3 March % ahead of of 2016 last and year 132.1 ' s year-to-date % higher than sales the of 28 92 sales . last month . March 60 2017 sales were at their highest level compared to March of 2016 and 2015 . March YTD sales of 119 are running 29.3 % ahead of 50 last year ' s year-to-date sales of 92 .
40
Prices The Median Sales Price in March was $ 462,500 , up 25.0 % from
Prices $ 370,000 in March of 2016 and up 8.2 % from $ 427,500 last The month Median . The Sales Average Price Sales in March Price was in $ March 462,500 was , up $ 571,471 25.0 % from , up $ 37.0 370,000 % from in March $ 417,141 of 2016 in March and up of 8.2 2016 % from and down $ 427,500 11.6 % last from month $ 646,664 . The last Average month Sales . March Price 2017 in March ASP was $ at 571,471 a mid , up range 37.0 compared % from $ to 417,141 March in of March 2016 and of 2016 2015 and . down 11.6 % from $ 646,664 last month . March 2017 ASP was at a mid range compared to March of 2016 and 2015 .
30 20 10 0
Number of Properties Sold
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
14
15
16
17
A
M J
14
J
A S O N D
JMedian
F M A MSales J
J APrice S O Nand D
J Average
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
3 Mo Avg
800
Median Sales Price and Average Sales Price
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 26 28 65
750
3 Mo Avg
800
700
750
650
700
650
600
550
500
450
400
350
300
600
550
500
450
400
350
300
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
The was Total 345 , Inventory down 0.9 of % Properties from 348 last available month for and sale up as 4.5 of % March from 330 was in March 345 , down of last 0.9 year % from . March 348 last 2017 month Inventory and up was 4.5 % at from its highest 330
400
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its highest level compared with March of 2016 and 2015 .
350
300
250
14.0
12.0
10.0
300 250
200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2017 sellers MSI while of 5.3 a
higher MSI is better for buyers . The March 2017 MSI of 5.3
100 months was at its lowest level compared with March of 2016 and months was at its lowest level compared with March of 2016 and 50 2015 . 2015 .
0

Fort Myers Agent Name Beach Title Phone Website Other

Community Information | School District

70 60 50 40 30 20 10
361
200 150 100 50 0
343 51
361 311
A
66
A M J 14
14
343
299 54 29 30 37 31 37
291 311
281 299
306 291
315 281
294 306 313 315
298
294
M J J A S O N D J
15
50 33 313
295 278
32 298 272
52 295 255 246 230 215
J A S O N D J F M A M J F M A M J
15
Number of Properties Sold
63
278 52
272
255 40 35 37 28 34
244 246
230 267
215 276
244 292
267 325
276 330
315 292
304 325
282 330
270 315 261 304
261 282
273 270 296 261 301 261
342
273 348 296 345 301
J A S O N D J F M A M J F M A M J 16
J A S O N D J
16
30 30 40 27 25 48 44 40 25 23
J A S O N D J 17
24
3 Mo Avg
29 27
342
45
8.0 6.0 4.0 2.0 0.0
348
3 Mo Avg
26 345
J A S O N D J F M F M
17
28 65
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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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