Wyka Team: Bonita & Estero, FL Market Report - April of 2013
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This report describes member activity for the association and is not confined to any specific geographic area. Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013. 2.0% (No Data) N/A Percent Change Year-over-Year 8.9% 1,372 -18.4% Closed Sales 195 90.1% 11.5 -25.8% April 2013 Average Sale Price Median Days on Market 91.9% 466 Average Percent of Original List Price Received Pending Inventory Inventory (Active Listings) Month 1,120 Months Supply of Inventory 8.5 Summary Statistics Closed Sales Paid in Cash $467,993 April 2013 257 New Pending Sales New Listings Median Sale Price April 2012 Percent Change Year-over-Year 105 113 -7.1% 195 179 8.9% 154 66.9% $349,000 $297,000 17.5% 214 188 13.8% $461,825 1.3% 99 114 -13.2% Economists' note : Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend using the year-over-year percent changes rather than the absolute counts. Realtors® and their clients should also be wary of month-to-month comparisons of Closed Sales because of potential seasonal effects. December 2012 141 November 2012 118 October 2012 143 May 2012 152 April 2012 179 September 2012 91 August 2012 103 4.7% July 2012 120 June 2012 150 41.2% -1.3% 10.9% 21.6% 35.6% -20.2% 17.0% 88.2% March 2013 148 -0.7% -3.6% -26.1% February 2013 134 January 2013 85 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 Monthly Market Detail - April 2013 Bonita Springs-Estero Association of REALTORS® Single Family Homes 0 50 100 150 200 250 Closed Sales 2009 2010 2011 2012 Closed Sales The number of sales transactions which closed during the month
description
Detailed housing market report for Bonita Springs & Estero, FL for the month of April 2013, compliments of The Wyka Team.
Transcript of Wyka Team: Bonita & Estero, FL Market Report - April of 2013
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
2.0%
(No Data) N/A
Percent Change
Year-over-Year
8.9%
1,372 -18.4%
Closed Sales
195
90.1%
11.5 -25.8%
April 2013
Average Sale Price
Median Days on Market
91.9%
466
Average Percent of Original List
Price Received
Pending Inventory
Inventory (Active Listings)
Month
1,120
Months Supply of Inventory 8.5
Summary Statistics
Closed Sales
Paid in Cash
$467,993
April 2013
257New Pending Sales
New Listings
Median Sale Price
April 2012Percent Change
Year-over-Year
105 113 -7.1%
195 179 8.9%
154 66.9%
$349,000 $297,000 17.5%
214 188 13.8%
$461,825 1.3%
99 114 -13.2%
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend using the year-over-year percent changes rather than the
absolute counts. Realtors® and their clients should also be wary of
month-to-month comparisons of Closed Sales because of potential
seasonal effects.
December 2012 141
November 2012 118
October 2012 143
May 2012 152
April 2012 179
September 2012 91
August 2012 103
4.7%
July 2012 120
June 2012 150
41.2%
-1.3%
10.9%
21.6%
35.6%
-20.2%
17.0%
88.2%
March 2013 148 -0.7%
-3.6%
-26.1%
February 2013 134
January 2013 85
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
Monthly Market Detail - April 2013
Bonita Springs-Estero Association of REALTORS® Single Family Homes
0
50
100
150
200
250
Clo
sed
Sal
es
2009 2010 2011 2012
Closed Sales The number of sales transactions which closed during the month
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
Month Cash SalesPercent Change
Year-over-Year
April 2013 105 -7.1%
March 2013 86 -15.7%
February 2013 77 -10.5%
January 2013 38 -55.3%
Economists' note : Cash Sales can be a useful indicator of the extent to
which investors are participating in the market. Why? Investors are
far more likely to have the funds to purchase a home available up front,
whereas the typical homebuyer requires a mortgage or some other
form of financing. There are, of course, many possible exceptions, so
this statistic should be interpreted with care.
December 2012 80 25.0%
November 2012 59 13.5%
October 2012 71 57.8%
September 2012 46 -22.0%
August 2012 58 5.5%
July 2012 69 25.5%
June 2012 90 2.3%
May 2012 89 6.0%
April 2012 113 2.7%
MonthPercent of Closed
Sales Paid in Cash
Percent Change
Year-over-Year
April 2013 53.8% -14.7%
March 2013 58.1% -15.1%
February 2013 57.5% -7.1%
January 2013 44.7% -39.5%
Economists' note : This statistic is simply another way of viewing
Cash Sales. The remaining percentages of Closed Sales (i.e. those not
paid fully in cash) each month involved some sort of financing, such as
mortgages, owner/seller financing, assumed loans, etc.
December 2012 56.7% 2.8%
November 2012 50.0% -16.3%
October 2012 49.7% -16.1%
September 2012 50.5% -2.3%
August 2012 56.3% -9.9%
July 2012 57.5% -11.1%
June 2012 60.0% 3.6%
May 2012 58.6% -4.5%
April 2012 63.1% -1.9%
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
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
29%
39%
49%
59%
69%
79%
Pct
. of
Clo
sed
Sa
les
Pai
d in
Cas
h
0
20
40
60
80
100
120
Cas
h S
ale
s
Monthly Market Detail - April 2013
2009 2010 2011 2012
Bonita Springs-Estero Association of REALTORS® Single Family Homes
Cash Sales The number of Closed Sales during the month in which buyers exclusively paid in cash
2009 2010 2011 2012
Cash Sales as a Percentage of Closed Sales The percentage of Closed Sales during the month which were Cash Sales
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
Month
MonthPercent Change
Year-over-YearNew Listings
-12.0%235March 2013
13.8%214April 2013
5.2%
-1.3%
66.9%
48.4%
30.2%
39.9%
11.2%357January 2013
21.6%282February 2013
-7.8%188April 2012
22.5%229May 2012
22.3%263June 2012
3.9%188July 2012
5.7%222
109
139
141
154
23.9%
54.4%
-18.7%200
15.6%281
-20.1%243
-12.5%210
66.0%
48.2%
59.2%
39.6%
84.8%
221
Percent Change
Year-over-YearNew Pending Sales
257
279
233
156
166
156
134
146
April 2013
March 2013
February 2013
January 2013
December 2012Economists' note : Because of the typical length of time it takes for a
sale to close, economists consider Pending Sales to be a decent
indicator of potential future Closed Sales. It is important to bear in
mind, however, that not all Pending Sales will be closed successfully.
So, the effectiveness of Pending Sales as a future indicator of Closed
Sales is susceptible to changes in market conditions such as the
availability of financing for homebuyers and the inventory of
distressed properties for sale.
Economists' note : In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
June 2012
May 2012
April 2012
November 2012
October 2012
September 2012
August 2012
July 2012
August 2012
September 2012
October 2012
November 2012
December 2012
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
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
0
100
200
300
400
Ne
w L
isti
ngs
0
50
100
150
200
250
300
Pe
nd
ing
Sale
s
Monthly Market Detail - April 2013
2009 2010 2011 2012
Bonita Springs-Estero Association of REALTORS® Single Family Homes
New Pending Sales The number of property listings that went from "Active" to "Pending" status during the month
2009 2010 2011 2012
New Listings The number of properties put onto the market during the month
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
March 2013 $287,200 0.8%
Median Sale PricePercent Change
Year-over-Year
April 2013 $349,000 17.5%
Month
February 2013 $270,000 22.7%
January 2013 $280,000 4.2%
Economists' note : Median Sale Price is our preferred summary
statistic for price activity because, unlike Average Sale Price, Median
Sale Price is not sensitive to high sale prices for small numbers of
homes that may not be characteristic of the market area.
December 2012 $275,000 4.8%
November 2012 $238,000 14.4%
October 2012 $244,500 -9.4%
September 2012 $255,000 27.2%
August 2012 $220,000 28.7%
July 2012 $258,500 17.5%
June 2012 $243,750 -22.6%
March 2013 $434,041 -8.7%
May 2012 $265,000 -14.2%
April 2012 $297,000 10.2%
Average Sale PricePercent Change
Year-over-Year
April 2013 $467,993 1.3%
Month
February 2013 $449,971 33.6%
January 2013 $397,134 3.0%
Economists' note : As noted above, we prefer Median Sale Price over
Average Sale Price as a summary statistic for home prices. However,
Average Sale Price does have its uses—particularly when it is analyzed
alongside the Median Sale Price. For one, the relative difference
between the two statistics can provide some insight into the market for
higher-end homes in an area.
December 2012 $402,551 -4.8%
November 2012 $313,394 -24.0%
October 2012 $339,867 -28.2%
September 2012 $309,198 -6.7%
August 2012 $294,293 29.0%
July 2012 $429,827 21.9%
June 2012 $364,111 -12.0%
May 2012 $435,821 9.7%
April 2012 $461,825 8.4%
$210K
$260K
$310K
$360K
$410K
$460K
$510K
Ave
rage
Sal
e
Pri
ce
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
$150K
$200K
$250K
$300K
$350K
$400K
Me
dia
n S
ale
Pri
ce
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
Monthly Market Detail - April 2013
2009 2010 2011 2012
Bonita Springs-Estero Association of REALTORS® Single Family Homes
Median Sale Price The median sale price reported for the month (i.e. 50% of sales were above and 50% of sales were below)
2009 2010 2011 2012
Average Sale Price The average sale price reported for the month (i.e. total sales in dollars divided by the number of sales)
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
March 2013 115 3.6%
Median Days on
Market
Percent Change
Year-over-Year
April 2013 99 -13.2%
Month
February 2013 95 -20.8%
January 2013 107 0.9%
Economists' note : Median Days on Market is the amount of time the
"middle" property selling this month was on the market. That is, 50%
of homes selling this month took less time to sell, and 50% of homes
took more time to sell. We use the median rather than the average
because the median is not particularly sensitive to sales of homes that
took an unusually large amount of time to sell relative to the vast
majority of homes in the market.
December 2012 104 13.0%
November 2012 111 -19.6%
October 2012 117 -10.0%
September 2012 106 0.0%
August 2012 96 -22.6%
July 2012 109 2.8%
June 2012 111 0.9%
March 2013 92.4% 1.9%
May 2012 123 2.5%
April 2012 114 -9.5%
Avg. Pct. of Orig. List
Price Received
Percent Change
Year-over-Year
April 2013 91.9% 2.0%
Month
February 2013 90.5% -0.3%
January 2013 92.3% 1.4%
Economists' note : The Average Percent of Original List Price Received
is an indicator of market conditions, in that in a recovering market, the
measure rises as buyers realize that the market may be moving away
from them and they need to match the selling price (or better it) in
order to get a contract on the house. This is usually the last measure to
indicate a market that has shifted from down to up, and is another
lagging indicator.
December 2012 91.4% -1.2%
November 2012 92.6% 2.8%
October 2012 92.0% 2.0%
September 2012 90.8% -0.4%
August 2012 92.0% 3.3%
July 2012 90.4% 1.2%
June 2012 91.5% 3.7%
May 2012 90.9% 3.3%
April 2012 90.1% 3.7%
75%
80%
85%
90%
95%
Avg
. Pct
. o
f O
rig.
Li
st P
rice
R
ece
ive
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
0
50
100
150
Me
dia
n D
ays
on
M
arke
t
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
Monthly Market Detail - April 2013
2009 2010 2011 2012
Bonita Springs-Estero Association of REALTORS® Single Family Homes
Median Days on Market The median number of days that properties sold during the month were on the market
2009 2010 2011 2012
Average Percent of Original List Price Received The average of the sale price (as a percentage of the original list price) across all properties selling during the month
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
March 2013 1,205 -16.7%
InventoryPercent Change
Year-over-Year
April 2013 1,120 -18.4%
Month
February 2013 1,285 -13.0%
January 2013 1,257 -17.4%
Economists' note : There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting the number of active listings on the
last day of the month, and hold this number to compare with the same
month the following year.
December 2012 1,207 -20.0%
November 2012 1,147 -23.6%
October 2012 1,160 -17.5%
September 2012 1,147 -16.5%
August 2012 1,181 -12.1%
July 2012 1,208 -10.3%
June 2012 1,264 -9.7%
March 2013 9.2 -23.9%
May 2012 1,322 -6.7%
April 2012 1,372 -10.0%
Months SupplyPercent Change
Year-over-Year
April 2013 8.5 -25.8%
Month
February 2013 9.9 -21.4%
January 2013 9.6 -26.9%
Economists' note : This is an indicator of the state of the market,
whether it is a buyers' market or a sellers' market. The benchmark for
a balanced market (favoring neither buyer nor seller) is 5.5 Months of
Inventory. Higher numbers indicate a buyers' market, lower numbers
a sellers' market.
December 2012 9.1 -31.2%
November 2012 8.7 -34.5%
October 2012 9.0 -28.3%
September 2012 9.3 -25.1%
August 2012 9.4 -23.6%
July 2012 9.8 -20.1%
June 2012 10.5 -18.0%
May 2012 10.9 -17.0%
April 2012 11.5 -20.2%
1,000
1,500
2,000
2,500
Inve
nto
ry
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
Monthly Market Detail - April 2013
2009 2010 2011 2012
Bonita Springs-Estero Association of REALTORS® Single Family Homes
Inventory (Active Listings) The number of property listings active at the end of the month
7.0
12.0
17.0
22.0
27.0
32.0
Mo
nth
s Su
pp
ly o
f In
ven
tory
2009 2010 2011 2012
Months Supply of Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates
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
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
$600,000 - $999,999 96 -26.7%
$1,000,000 or more 182 -0.5%
Economists' note: Median Days on Market is the amount of time the
"middle" property selling this month was on the market. That is, 50%
of homes selling this month took less time to sell, and 50% of homes
took more time to sell. We use the median rather than the average
because the median is not particularly sensitive to sales of homes that
took an unusually large amount of time to sell relative to the vast
majority of homes in the market.
$150,000 - $199,999 78 -20.4%
$200,000 - $249,999 184 89.7%
$250,000 - $299,999
$400,000 - $599,999 114 -19.7%
116 27.5%
$300,000 - $399,999 101 20.2%
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend using the year-over-year percent changes rather than the
absolute counts. Realtors® and their clients should also be wary of
month-to-month comparisons of Closed Sales because of potential
seasonal effects.
Sale PriceMedian Days on
Market
Percent Change
Year-over-Year
Less than $50,000 39 62.5%
$1,000,000 or more 15 -11.8%
$250,000 - $299,999 18 -14.3%
$300,000 - $399,999 27 17.4%
$50,000 - $99,999 63 -34.4%
$100,000 - $149,999
$400,000 - $599,999 41 70.8%
$600,000 - $999,999 29 26.1%
90 -18.9%
$150,000 - $199,999 17 13.3%
$200,000 - $249,999 10 -44.4%
$100,000 - $149,999 20 5.3%
Sale Price Closed SalesPercent Change
Year-over-Year
Less than $50,000 5 66.7%
$50,000 - $99,999 13 -18.8%
0 5
10 15 20 25 30 35 40 45
Less than $50,000
$50,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000 - $249,999
$250,000 - $299,999
$300,000 - $399,999
$400,000 - $599,999
$600,000 - $999,999
$1,000,000 or more
Clo
sed
Sal
es
0 5 10 15 20 25 30 35 40 45
0
50
100
150
200
Less than $50,000
$50,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000 - $249,999
$250,000 - $299,999
$300,000 - $399,999
$400,000 - $599,999
$600,000 - $999,999
$1,000,000 or more
Me
dia
n D
ays
on
Mar
ket
0
50
100
150
200
Monthly Market Detail - April 2013
Bonita Springs-Estero Association of REALTORS® Single Family Homes
Closed Sales by Sale Price The number of sales transactions which closed during the month
Median Days on Market by Sale Price The median number of days that properties sold during the month were on the market
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
$600,000 - $999,999 223 10.4%
$1,000,000 or more 207 4.5%
Economists' note: There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting the number of active listings on the
last day of the month, and hold this number to compare with the same
month the following year.
$150,000 - $199,999 44 -64.2%
$200,000 - $249,999 65 -43.0%
$250,000 - $299,999 107 -17.7%
$300,000 - $399,999 162 -12.9%
$400,000 - $599,999 233 1.3%
$50,000 - $99,999 32 -61.4%
$100,000 - $149,999 36 -62.9%
Current Listing Price InventoryPercent Change
Year-over-Year
Less than $50,000 11 22.2%
$600,000 - $999,999 30 57.9%
$1,000,000 or more 20 33.3%
Economists' note: In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
$150,000 - $199,999 12 -52.0%
$200,000 - $249,999 17 -19.0%
$250,000 - $299,999 31 24.0%
$300,000 - $399,999 28 27.3%
$400,000 - $599,999 39 30.0%
$50,000 - $99,999 13 -18.8%
$100,000 - $149,999 18 50.0%
Initial Listing Price New ListingsPercent Change
Year-over-Year
Less than $50,000 6 100.0%
0 5
10 15 20 25 30 35 40 45
Less than $50,000
$50,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000 - $249,999
$250,000 - $299,999
$300,000 - $399,999
$400,000 - $599,999
$600,000 - $999,999
$1,000,000 or more
Ne
w L
isti
ngs
0 5 10 15 20 25 30 35 40 45
0
50
100
150
200
250
Less than $50,000
$50,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000 - $249,999
$250,000 - $299,999
$300,000 - $399,999
$400,000 - $599,999
$600,000 - $999,999
$1,000,000 or more
Inve
nto
ry
0
50
100
150
200
250
Monthly Market Detail - April 2013
Bonita Springs-Estero Association of REALTORS® Single Family Homes
New Listings by Initial Listing Price The number of properties put onto the market during the month
Inventory by Current Listing Price The number of property listings active at the end of the month
This report describes member activity for the association and is not confined to any specific geographic area.
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
A
M
J
J
A
S
O
N
D
J
F
M
A
M
J
J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
Short Sale
12 17 -29.4%
$89,250 $235,000 -62.0%
Foreclosure/REO
18 18 0.0%
$131,250 $107,000 22.7%
April 2013 April 2012Percent Change
Year-over-Year
Traditional
165 144 14.6%
$420,000 $349,000 20.3%
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
Me
dia
n S
ale
Pri
ce
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Clo
sed
Sal
es
Traditional Foreclosure/REO Short Sale
2009 2010 2011 2012
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
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
Monthly Market Detail - April 2013
Bonita Springs-Estero Association of REALTORS® Single Family Homes
2009 2010 2011 2012
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
3.4%
(No Data) N/A
Percent Change
Year-over-Year
5.5%
1,415 -22.9%
Closed Sales
211
88.8%
11.5 -25.8%
April 2013
Average Sale Price
Median Days on Market
91.8%
364
Average Percent of Original List
Price Received
Pending Inventory
Inventory (Active Listings)
Month
1,091
Months Supply of Inventory 8.5
Summary Statistics
Closed Sales
Paid in Cash
$288,546
April 2013
229New Pending Sales
New Listings
Median Sale Price
April 2012Percent Change
Year-over-Year
165 149 10.7%
211 200 5.5%
172 33.1%
$217,000 $170,000 27.6%
220 261 -15.7%
$220,199 31.0%
105 121 -13.2%
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend using the year-over-year percent changes rather than the
absolute counts. Realtors® and their clients should also be wary of
month-to-month comparisons of Closed Sales because of potential
seasonal effects.
December 2012 123
November 2012 118
October 2012 100
May 2012 180
April 2012 200
September 2012 74
August 2012 104
5.3%
July 2012 100
June 2012 140
-10.7%
14.8%
14.6%
7.9%
29.7%
-14.0%
28.4%
42.9%
March 2013 165 -11.8%
-16.4%
-12.2%
February 2013 117
January 2013 101
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
Monthly Market Detail - April 2013
Bonita Springs-Estero Association of REALTORS® Townhouses and Condos
0
50
100
150
200
250
Clo
sed
Sal
es
2009 2010 2011 2012
Closed Sales The number of sales transactions which closed during the month
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
Month Cash SalesPercent Change
Year-over-Year
April 2013 165 10.7%
March 2013 135 -9.4%
February 2013 87 -27.5%
January 2013 74 -26.0%
Economists' note : Cash Sales can be a useful indicator of the extent to
which investors are participating in the market. Why? Investors are
far more likely to have the funds to purchase a home available up front,
whereas the typical homebuyer requires a mortgage or some other
form of financing. There are, of course, many possible exceptions, so
this statistic should be interpreted with care.
December 2012 96 9.1%
November 2012 87 16.0%
October 2012 76 33.3%
September 2012 55 -12.7%
August 2012 73 14.1%
July 2012 80 1.3%
June 2012 105 7.1%
May 2012 141 9.3%
April 2012 149 -0.7%
MonthPercent of Closed
Sales Paid in Cash
Percent Change
Year-over-Year
April 2013 78.2% 5.0%
March 2013 81.8% 2.7%
February 2013 74.4% -13.2%
January 2013 73.3% -15.7%
Economists' note : This statistic is simply another way of viewing
Cash Sales. The remaining percentages of Closed Sales (i.e. those not
paid fully in cash) each month involved some sort of financing, such as
mortgages, owner/seller financing, assumed loans, etc.
December 2012 78.0% 1.1%
November 2012 73.7% -10.5%
October 2012 76.0% -6.7%
September 2012 74.3% 1.5%
August 2012 70.2% -11.2%
July 2012 80.0% 13.4%
June 2012 75.0% -6.6%
May 2012 78.3% -4.7%
April 2012 74.5% -5.6%
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
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
52%
62%
72%
82%
92%
Pct
. of
Clo
sed
Sa
les
Pai
d in
Cas
h
0
50
100
150
200
Cas
h S
ale
s
Monthly Market Detail - April 2013
2009 2010 2011 2012
Bonita Springs-Estero Association of REALTORS® Townhouses and Condos
Cash Sales The number of Closed Sales during the month in which buyers exclusively paid in cash
2009 2010 2011 2012
Cash Sales as a Percentage of Closed Sales The percentage of Closed Sales during the month which were Cash Sales
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
Month
MonthPercent Change
Year-over-YearNew Listings
-8.7%230March 2013
-15.7%220April 2013
26.1%
2.4%
33.1%
39.7%
11.1%
24.8%
9.2%298January 2013
2.4%251February 2013
-2.6%261April 2012
-7.3%203May 2012
-8.9%174June 2012
-11.2%174July 2012
-17.8%162
81
115
150
172
-2.4%
19.8%
-33.5%167
2.2%277
-24.2%213
-17.9%174
2.6%
52.4%
49.0%
28.8%
-11.8%
196
Percent Change
Year-over-YearNew Pending Sales
229
285
231
117
160
143
94
75
April 2013
March 2013
February 2013
January 2013
December 2012Economists' note : Because of the typical length of time it takes for a
sale to close, economists consider Pending Sales to be a decent
indicator of potential future Closed Sales. It is important to bear in
mind, however, that not all Pending Sales will be closed successfully.
So, the effectiveness of Pending Sales as a future indicator of Closed
Sales is susceptible to changes in market conditions such as the
availability of financing for homebuyers and the inventory of
distressed properties for sale.
Economists' note : In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
June 2012
May 2012
April 2012
November 2012
October 2012
September 2012
August 2012
July 2012
August 2012
September 2012
October 2012
November 2012
December 2012
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
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
0
100
200
300
400
Ne
w L
isti
ngs
0
50
100
150
200
250
300
Pe
nd
ing
Sale
s
Monthly Market Detail - April 2013
2009 2010 2011 2012
Bonita Springs-Estero Association of REALTORS® Townhouses and Condos
New Pending Sales The number of property listings that went from "Active" to "Pending" status during the month
2009 2010 2011 2012
New Listings The number of properties put onto the market during the month
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
March 2013 $197,500 -3.7%
Median Sale PricePercent Change
Year-over-Year
April 2013 $217,000 27.6%
Month
February 2013 $180,000 0.0%
January 2013 $173,000 3.9%
Economists' note : Median Sale Price is our preferred summary
statistic for price activity because, unlike Average Sale Price, Median
Sale Price is not sensitive to high sale prices for small numbers of
homes that may not be characteristic of the market area.
December 2012 $199,900 18.8%
November 2012 $207,500 30.7%
October 2012 $172,000 22.9%
September 2012 $147,450 -7.0%
August 2012 $172,500 1.5%
July 2012 $176,500 4.1%
June 2012 $195,000 -2.5%
March 2013 $261,675 6.7%
May 2012 $184,450 -5.4%
April 2012 $170,000 -12.6%
Average Sale PricePercent Change
Year-over-Year
April 2013 $288,546 31.0%
Month
February 2013 $243,471 -7.6%
January 2013 $242,246 11.2%
Economists' note : As noted above, we prefer Median Sale Price over
Average Sale Price as a summary statistic for home prices. However,
Average Sale Price does have its uses—particularly when it is analyzed
alongside the Median Sale Price. For one, the relative difference
between the two statistics can provide some insight into the market for
higher-end homes in an area.
December 2012 $261,756 19.3%
November 2012 $287,918 39.6%
October 2012 $222,850 24.2%
September 2012 $227,703 -0.1%
August 2012 $214,167 7.2%
July 2012 $230,785 2.0%
June 2012 $264,296 12.1%
May 2012 $243,791 -2.6%
April 2012 $220,199 -14.8%
$150K
$200K
$250K
$300K
Ave
rage
Sal
e
Pri
ce
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
$130K
$150K
$170K
$190K
$210K
$230K
Me
dia
n S
ale
Pri
ce
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
Monthly Market Detail - April 2013
2009 2010 2011 2012
Bonita Springs-Estero Association of REALTORS® Townhouses and Condos
Median Sale Price The median sale price reported for the month (i.e. 50% of sales were above and 50% of sales were below)
2009 2010 2011 2012
Average Sale Price The average sale price reported for the month (i.e. total sales in dollars divided by the number of sales)
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
March 2013 103 -19.5%
Median Days on
Market
Percent Change
Year-over-Year
April 2013 105 -13.2%
Month
February 2013 110 -12.0%
January 2013 107 -8.5%
Economists' note : Median Days on Market is the amount of time the
"middle" property selling this month was on the market. That is, 50%
of homes selling this month took less time to sell, and 50% of homes
took more time to sell. We use the median rather than the average
because the median is not particularly sensitive to sales of homes that
took an unusually large amount of time to sell relative to the vast
majority of homes in the market.
December 2012 106 1.9%
November 2012 127 13.4%
October 2012 120 9.1%
September 2012 111 -17.8%
August 2012 131 18.0%
July 2012 113 -23.6%
June 2012 115 -5.7%
March 2013 91.6% 2.8%
May 2012 104 -8.0%
April 2012 121 3.4%
Avg. Pct. of Orig. List
Price Received
Percent Change
Year-over-Year
April 2013 91.8% 3.4%
Month
February 2013 92.0% 2.3%
January 2013 89.7% 1.5%
Economists' note : The Average Percent of Original List Price Received
is an indicator of market conditions, in that in a recovering market, the
measure rises as buyers realize that the market may be moving away
from them and they need to match the selling price (or better it) in
order to get a contract on the house. This is usually the last measure to
indicate a market that has shifted from down to up, and is another
lagging indicator.
December 2012 89.3% 1.0%
November 2012 91.3% 1.6%
October 2012 89.0% 0.6%
September 2012 89.5% -0.3%
August 2012 88.6% -2.5%
July 2012 89.8% 4.7%
June 2012 91.6% 2.3%
May 2012 90.7% 1.2%
April 2012 88.8% 0.8%
75%
80%
85%
90%
95%
Avg
. Pct
. o
f O
rig.
Li
st P
rice
R
ece
ive
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
0
50
100
150
200
Me
dia
n D
ays
on
M
arke
t
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
Monthly Market Detail - April 2013
2009 2010 2011 2012
Bonita Springs-Estero Association of REALTORS® Townhouses and Condos
Median Days on Market The median number of days that properties sold during the month were on the market
2009 2010 2011 2012
Average Percent of Original List Price Received The average of the sale price (as a percentage of the original list price) across all properties selling during the month
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
March 2013 1,140 -21.4%
InventoryPercent Change
Year-over-Year
April 2013 1,091 -22.9%
Month
February 2013 1,239 -18.1%
January 2013 1,253 -20.1%
Economists' note : There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting the number of active listings on the
last day of the month, and hold this number to compare with the same
month the following year.
December 2012 1,260 -22.7%
November 2012 1,220 -26.4%
October 2012 1,259 -20.1%
September 2012 1,216 -20.2%
August 2012 1,218 -17.1%
July 2012 1,210 -20.8%
June 2012 1,241 -21.3%
March 2013 9.0 -24.3%
May 2012 1,329 -18.6%
April 2012 1,415 -16.6%
Months SupplyPercent Change
Year-over-Year
April 2013 8.5 -25.8%
Month
February 2013 9.6 -22.4%
January 2013 9.6 -25.8%
Economists' note : This is an indicator of the state of the market,
whether it is a buyers' market or a sellers' market. The benchmark for
a balanced market (favoring neither buyer nor seller) is 5.5 Months of
Inventory. Higher numbers indicate a buyers' market, lower numbers
a sellers' market.
December 2012 9.6 -29.3%
November 2012 9.3 -32.0%
October 2012 9.8 -26.5%
September 2012 9.6 -26.2%
August 2012 9.6 -24.5%
July 2012 9.7 -27.4%
June 2012 9.8 -30.1%
May 2012 10.6 -27.6%
April 2012 11.5 -27.0%
900
1,400
1,900
2,400
Inve
nto
ry
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
Monthly Market Detail - April 2013
2009 2010 2011 2012
Bonita Springs-Estero Association of REALTORS® Townhouses and Condos
Inventory (Active Listings) The number of property listings active at the end of the month
7.0
17.0
27.0
37.0
47.0
Mo
nth
s Su
pp
ly o
f In
ven
tory
2009 2010 2011 2012
Months Supply of Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates
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
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
$600,000 - $999,999 101 -51.4%
$1,000,000 or more 176 N/A
Economists' note: Median Days on Market is the amount of time the
"middle" property selling this month was on the market. That is, 50%
of homes selling this month took less time to sell, and 50% of homes
took more time to sell. We use the median rather than the average
because the median is not particularly sensitive to sales of homes that
took an unusually large amount of time to sell relative to the vast
majority of homes in the market.
$150,000 - $199,999 117 -15.8%
$200,000 - $249,999 92 -40.6%
$250,000 - $299,999
$400,000 - $599,999 72 -33.3%
104 -4.6%
$300,000 - $399,999 153 1.3%
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend using the year-over-year percent changes rather than the
absolute counts. Realtors® and their clients should also be wary of
month-to-month comparisons of Closed Sales because of potential
seasonal effects.
Sale PriceMedian Days on
Market
Percent Change
Year-over-Year
Less than $50,000 27 -77.7%
$1,000,000 or more 4 N/A
$250,000 - $299,999 21 16.7%
$300,000 - $399,999 24 60.0%
$50,000 - $99,999 82 -9.9%
$100,000 - $149,999
$400,000 - $599,999 19 72.7%
$600,000 - $999,999 14 40.0%
97 -4.0%
$150,000 - $199,999 40 -4.8%
$200,000 - $249,999 37 37.0%
$100,000 - $149,999 38 -22.4%
Sale Price Closed SalesPercent Change
Year-over-Year
Less than $50,000 1 -66.7%
$50,000 - $99,999 13 -48.0%
0 5
10 15 20 25 30 35 40 45
Less than $50,000
$50,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000 - $249,999
$250,000 - $299,999
$300,000 - $399,999
$400,000 - $599,999
$600,000 - $999,999
$1,000,000 or more
Clo
sed
Sal
es
0 5 10 15 20 25 30 35 40 45
0
50
100
150
200
Less than $50,000
$50,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000 - $249,999
$250,000 - $299,999
$300,000 - $399,999
$400,000 - $599,999
$600,000 - $999,999
$1,000,000 or more
Me
dia
n D
ays
on
Mar
ket
0
50
100
150
200
Monthly Market Detail - April 2013
Bonita Springs-Estero Association of REALTORS® Townhouses and Condos
Closed Sales by Sale Price The number of sales transactions which closed during the month
Median Days on Market by Sale Price The median number of days that properties sold during the month were on the market
This report describes member activity for the association and is not confined to any specific geographic area.
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
$600,000 - $999,999 77 -30.0%
$1,000,000 or more 28 -28.2%
Economists' note: There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting the number of active listings on the
last day of the month, and hold this number to compare with the same
month the following year.
$150,000 - $199,999 213 -15.1%
$200,000 - $249,999 173 -20.3%
$250,000 - $299,999 109 -35.5%
$300,000 - $399,999 136 -14.5%
$400,000 - $599,999 165 9.3%
$50,000 - $99,999 53 -40.4%
$100,000 - $149,999 123 -40.6%
Current Listing Price InventoryPercent Change
Year-over-Year
Less than $50,000 14 -39.1%
$600,000 - $999,999 6 -64.7%
$1,000,000 or more 5 -28.6%
Economists' note: In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
$150,000 - $199,999 50 0.0%
$200,000 - $249,999 34 -12.8%
$250,000 - $299,999 26 -23.5%
$300,000 - $399,999 29 61.1%
$400,000 - $599,999 32 45.5%
$50,000 - $99,999 15 -40.0%
$100,000 - $149,999 19 -56.8%
Initial Listing Price New ListingsPercent Change
Year-over-Year
Less than $50,000 4 -20.0%
0
10
20
30
40
50
60
Less than $50,000
$50,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000 - $249,999
$250,000 - $299,999
$300,000 - $399,999
$400,000 - $599,999
$600,000 - $999,999
$1,000,000 or more
Ne
w L
isti
ngs
0
10
20
30
40
50
60
0
50
100
150
200
250
Less than $50,000
$50,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000 - $249,999
$250,000 - $299,999
$300,000 - $399,999
$400,000 - $599,999
$600,000 - $999,999
$1,000,000 or more
Inve
nto
ry
0
50
100
150
200
250
Monthly Market Detail - April 2013
Bonita Springs-Estero Association of REALTORS® Townhouses and Condos
New Listings by Initial Listing Price The number of properties put onto the market during the month
Inventory by Current Listing Price The number of property listings active at the end of the month
This report describes member activity for the association and is not confined to any specific geographic area.
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
A
M
J
J
A
S
O
N
D
J
F
M
A
M
J
J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
Short Sale
8 10 -20.0%
$137,500 $96,250 42.9%
Foreclosure/REO
8 10 -20.0%
$154,950 $109,000 42.2%
April 2013 April 2012Percent Change
Year-over-Year
Traditional
195 180 8.3%
$220,000 $175,000 25.7%
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Me
dia
n S
ale
Pri
ce
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Clo
sed
Sal
es
Traditional Foreclosure/REO Short Sale
2009 2010 2011 2012
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
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
Monthly Market Detail - April 2013
Bonita Springs-Estero Association of REALTORS® Townhouses and Condos
2009 2010 2011 2012
Closed Sales
Cash Sales
New Pending Sales
New Listings
Median Sale Price
Average Sale Price
Median Days on Market
Avg. Percent of Original List Price Received
Pending Inventory
A
S
O
N
D
J
F
M
A
M
J
J
A
S
O
N
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
5,476 5,769 -5.1% Inventory (Active Listings)
93.7% 93.2% 0.5%
2,746 (No Data) N/A
$292,201 $237,281 23.1%
59 59 0.0%
1,540 1,596 -3.5%
$182,000 $140,199 29.8%
Months Supply of Inventory 5.7 5.6 2.7%
April 2013 April 2012Percent Change
Year-over-Year
1,172 1,156 1.4%
650 704 -7.7%
1,485 1,329 11.7%
$70K
$90K
$110K
$130K
$150K
$170K
$190K
Me
dia
n S
ale
Pri
ce
5,000
6,000
7,000
8,000
9,000
10,000
11,000
Tota
l In
ven
tory
700
900
1,100
1,300
1,500
1,700
1,900
Clo
sed
Sal
es
Monthly Market Summary - April 2013
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
2009 2010 2011 2012
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
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
2009 2010 2011 2012
Lee County Single Family Homes
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
A
M
J
J
A
S
O
N
D
J
F
M
A
M
J
J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
Short Sale
110 196 -43.9%
$97,000 $90,400 7.3%
Foreclosure/REO
141 196 -28.1%
$95,000 $83,100 14.3%
April 2013 April 2012Percent Change
Year-over-Year
Traditional
921 764 20.5%
$218,000 $170,000 28.2%
$0K
$50K
$100K
$150K
$200K
$250K
Me
dia
n S
ale
Pri
ce
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Clo
sed
Sal
es
Traditional Foreclosure/REO Short Sale
2009 2010 2011 2012
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
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
Monthly Distressed Market Summary - April 2013
Lee County Single Family Homes
2009 2010 2011 2012
Closed Sales
Cash Sales
New Pending Sales
New Listings
Median Sale Price
Average Sale Price
Median Days on Market
Avg. Percent of Original List Price Received
Pending Inventory
Inventory (Active Listings)
A
S
O
N
D
J
F
M
A
M
J
J
A
S
O
N
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
3,601 3,751 -4.0%
92.1% 90.2% 2.1%
1,257 (No Data) N/A
$208,505 $194,636 7.1%
68 83 -18.1%
842 887 -5.1%
$150,000 $140,000 7.1%
Months Supply of Inventory 7.5 8.1 -7.9%
April 2013 April 2012Percent Change
Year-over-Year
765 685 11.7%
591 531 11.3%
795 630 26.2%
$80K
$90K
$100K
$110K
$120K
$130K
$140K
$150K
$160K
Me
dia
n S
ale
Pri
ce
3,000
3,500
4,000
4,500
5,000
5,500
6,000
Tota
l In
ven
tory
100
200
300
400
500
600
700
800
Clo
sed
Sal
es
Monthly Market Summary - April 2013
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
2009 2010 2011 2012
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
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
2009 2010 2011 2012
Lee County Townhouses and Condos
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
A
M
J
J
A
S
O
N
D
J
F
M
A
M
J
J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, May 22, 2013. Next data release is Thursday, June 20, 2013.
Short Sale
31 52 -40.4%
$120,000 $84,250 42.4%
Foreclosure/REO
42 75 -44.0%
$112,500 $82,550 36.3%
April 2013 April 2012Percent Change
Year-over-Year
Traditional
692 558 24.0%
$152,750 $155,000 -1.5%
$0K
$20K
$40K
$60K
$80K
$100K
$120K
$140K
$160K
$180K
Me
dia
n S
ale
Pri
ce
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Clo
sed
Sal
es
Traditional Foreclosure/REO Short Sale
2009 2010 2011 2012
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
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
Monthly Distressed Market Summary - April 2013
Lee County Townhouses and Condos
2009 2010 2011 2012
