monthly market detail - august 2015 single family homes...

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 Monday, September 21, 2015. Next data release is Thursday, October 22, 2015.

1.8%

149 -11.4%

Percent Change

Year-over-Year

1.3%

394 -10.7%

Closed Sales

78

93.6%

4.1 -5.9%

August 2015

Average Sale Price

Median Days on Market

95.3%

132

Average Percent of Original List

Price Received

Pending Inventory

Inventory (Active Listings)

Month

352

Months Supply of Inventory 3.8

Summary Statistics

Closed Sales

Paid in Cash

$405,815

August 2015

90New Pending Sales

New Listings

Median Sale Price

August 2014Percent Change

Year-over-Year

31 40 -22.5%

78 77 1.3%

85 5.9%

$331,500 $339,900 -2.5%

123 99 24.2%

$440,314 -7.8%

39 52 -25.0%

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.

April 2015 136

March 2015 103

February 2015 69

September 2014 48

August 2014 77

January 2015 68

December 2014 99

-42.1%

November 2014 64

October 2014 101

-39.6%

-4.7%

-56.8%

15.3%

12.0%

4.6%

1.0%

-1.4%

July 2015 98 19.5%

-12.7%

14.9%

June 2015 103

May 2015 131

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

Monthly Market Detail - August 2015

Bonita Springs-Estero Association of REALTORS® Single Family Homes

0

50

100

150

200

250

Clo

sed

Sal

es

2011 2012 2013 2014 2015

Closed Sales The number of sales transactions which closed during the month




Month Cash SalesPercent Change

Year-over-Year

August 2015 31 -22.5%

July 2015 42 16.7%

June 2015 38 -37.7%

May 2015 66 10.0%

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.

April 2015 77 4.1%

March 2015 62 26.5%

February 2015 40 -7.0%

January 2015 37 15.6%

December 2014 47 -13.0%

November 2014 35 -28.6%

October 2014 41 -30.5%

September 2014 22 -40.5%

August 2014 40 -45.9%

MonthPercent of Closed

Sales Paid in Cash

Percent Change

Year-over-Year

August 2015 39.7% -23.5%

July 2015 42.9% -2.4%

June 2015 36.9% -28.6%

May 2015 50.4% -4.3%

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.

April 2015 56.6% -9.7%

March 2015 60.2% 13.0%

February 2015 58.0% -5.6%

January 2015 54.4% 10.5%

December 2014 47.5% -13.8%

November 2014 54.7% 18.3%

October 2014 40.6% -27.1%

September 2014 45.8% 37.5%

August 2014 51.9% -6.6%



23%

33%

43%

53%

63%

73%

83%

Pct

. of

Clo

sed

Sa

les

Pai

d in

Cas

h

0

50

100

150

Cas

h S

ale

s Monthly Market Detail - August 2015

2011 2012 2013 2014 2015


Cash Sales The number of Closed Sales during the month in which buyers exclusively paid in cash

2011 2012 2013 2014 2015

Cash Sales as a Percentage of Closed Sales The percentage of Closed Sales during the month which were Cash Sales




Month

MonthPercent Change

Year-over-YearNew Listings

-15.7%102July 2015

24.2%123August 2015

-39.4%

-51.7%

5.9%

-4.8%

-50.5%

-7.1%

16.0%138May 2015

13.3%102June 2015

-45.0%99August 2014

-20.9%110September 2014

-25.7%150October 2014

-22.5%131November 2014

-38.2%89

92

97

77

85

-23.3%

-38.6%

4.8%195

3.5%149

16.7%161

10.4%138

8.9%

3.3%

6.4%

-15.8%

-14.9%

118

Percent Change

Year-over-YearNew Pending Sales

90

80

49

147

156

133

112

80

August 2015

July 2015

June 2015

May 2015

April 2015Economists' 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.

October 2014

September 2014

August 2014

March 2015

February 2015

January 2015

December 2014

November 2014

December 2014

January 2015

February 2015

March 2015

April 2015



0

100

200

300

400

Ne

w L

isti

ngs

0

50

100

150

200

250

300

Pe

nd

ing

Sale


2011 2012 2013 2014 2015


New Pending Sales The number of property listings that went from "Active" to "Pending" status during the month

2011 2012 2013 2014 2015

New Listings The number of properties put onto the market during the month




July 2015 $344,000 5.4%

Median Sale PricePercent Change

Year-over-Year

August 2015 $331,500 -2.5%

Month

June 2015 $379,000 3.5%

May 2015 $425,000 19.7%

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.

April 2015 $400,000 22.5%

March 2015 $460,000 30.1%

February 2015 $380,000 23.2%

January 2015 $397,500 18.7%

December 2014 $340,000 3.0%

November 2014 $295,200 13.1%

October 2014 $305,000 8.9%

July 2015 $464,258 14.9%

September 2014 $291,250 1.5%

August 2014 $339,900 24.1%

Average Sale PricePercent Change

Year-over-Year

August 2015 $405,815 -7.8%

Month

June 2015 $519,600 10.2%

May 2015 $539,067 17.0%

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.

April 2015 $499,866 3.9%

March 2015 $603,206 28.4%

February 2015 $505,380 25.8%

January 2015 $495,942 4.3%

December 2014 $447,070 10.3%

November 2014 $383,292 -4.0%

October 2014 $431,322 3.6%

September 2014 $381,074 -11.5%

August 2014 $440,314 21.9%

$210K

$310K

$410K

$510K

$610K

$710K

Ave

rage

Sal

e

Pri

ce


$160K

$260K

$360K

$460K

$560K

Me

dia

n S

ale

Pri

ce



2011 2012 2013 2014 2015


Median Sale Price The median sale price reported for the month (i.e. 50% of sales were above and 50% of sales were below)

2011 2012 2013 2014 2015

Average Sale Price The average sale price reported for the month (i.e. total sales in dollars divided by the number of sales)




July 2015 42 -14.3%

Median Days on

Market

Percent Change

Year-over-Year

August 2015 39 -25.0%

Month

June 2015 36 -39.0%

May 2015 27 -48.1%

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.

April 2015 44 -22.8%

March 2015 47 -6.0%

February 2015 45 -32.8%

January 2015 35 -23.9%

December 2014 38 -39.7%

November 2014 20 -52.4%

October 2014 35 -49.3%

July 2015 93.5% 0.2%

September 2014 41 -43.8%

August 2014 52 -51.9%

Avg. Pct. of Orig. List

Price Received

Percent Change

Year-over-Year

August 2015 95.3% 1.8%

Month

June 2015 94.3% 1.5%

May 2015 94.5% 1.8%

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.

April 2015 93.4% 2.2%

March 2015 93.5% 0.1%

February 2015 93.7% 3.2%

January 2015 95.3% 1.0%

December 2014 94.3% 1.0%

November 2014 95.7% 1.1%

October 2014 93.8% 1.2%

September 2014 93.3% 0.3%

August 2014 93.6% -0.5%

75%

80%

85%

90%

95%

100%

Avg

. Pct

. o

f O

rig.

Li

st P

rice

R

ece

ive

d


0

50

100

150

Me

dia

n D

ays

on

M

arke

t



2011 2012 2013 2014 2015


Median Days on Market The median number of days that properties sold during the month were on the market

2011 2012 2013 2014 2015

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




July 2015 320 -18.2%

InventoryPercent Change

Year-over-Year

August 2015 352 -10.7%

Month

June 2015 327 -15.7%

May 2015 432 -0.2%

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.

April 2015 441 -8.1%

March 2015 467 -7.3%

February 2015 479 -13.2%

January 2015 489 -17.4%

December 2014 448 -41.6%

November 2014 451 -43.1%

October 2014 419 -47.2%

July 2015 3.5 -9.5%

September 2014 399 -51.2%

August 2014 394 -50.3%

Months SupplyPercent Change

Year-over-Year

August 2015 3.8 -5.9%

Month

June 2015 3.6 -1.8%

May 2015 4.7 19.6%

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.

April 2015 4.9 20.9%

March 2015 5.3 30.7%

February 2015 5.5 28.3%

January 2015 5.6 27.1%

December 2014 5.1 -8.8%

November 2014 5.2 -8.6%

October 2014 4.6 -17.9%

September 2014 4.4 -22.8%

August 2014 4.1 -26.5%

200

700

1,200

1,700

2,200

Inve

nto

ry



2011 2012 2013 2014 2015


Inventory (Active Listings) The number of property listings active at the end of the month

2.0

7.0

12.0

17.0

22.0

Mo

nth

s Su

pp

ly o

f In

ven

tory

2011 2012 2013 2014 2015

Months Supply of Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates





$600,000 - $999,999 89 -11.9%

$1,000,000 or more 172 8.2%

Economists' note: Median Days on Market is the amount of time the







$150,000 - $199,999 12 -77.4%

$200,000 - $249,999 32 -54.3%

$250,000 - $299,999

$400,000 - $599,999 47 -49.5%

32 -13.5%

$300,000 - $399,999 39 -32.8%







seasonal effects.

Sale PriceMedian Days on

Market

Percent Change

Year-over-Year

Less than $50,000 (No Sales) N/A

$1,000,000 or more 4 -20.0%

$250,000 - $299,999 12 20.0%

$300,000 - $399,999 15 36.4%

$50,000 - $99,999 18 50.0%

$100,000 - $149,999

$400,000 - $599,999 17 41.7%

$600,000 - $999,999 5 -58.3%

22 633.3%

$150,000 - $199,999 8 -11.1%

$200,000 - $249,999 10 42.9%

$100,000 - $149,999 5 -28.6%

Sale Price Closed SalesPercent Change

Year-over-Year

Less than $50,000 0 N/A

$50,000 - $99,999 2 -50.0%

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

August 2014 August 2015

0 2 4 6 8

10 12 14 16 18

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

50

100

150

200

0 2 4 6 8 10 12 14 16 18



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




$600,000 - $999,999 62 -21.5%

$1,000,000 or more 60 9.1%

Economists' note: There are a number of ways to calculate Inventory,





$150,000 - $199,999 6 -72.7%

$200,000 - $249,999 18 -21.7%

$250,000 - $299,999 25 -10.7%

$300,000 - $399,999 56 -17.6%

$400,000 - $599,999 101 26.3%

$50,000 - $99,999 6 -60.0%

$100,000 - $149,999 18 -25.0%

Current Listing Price InventoryPercent Change

Year-over-Year


$600,000 - $999,999 15 15.4%

$1,000,000 or more 6 -14.3%

Economists' note: In a recovering market, we expect that new listings






$150,000 - $199,999 7 -41.7%

$200,000 - $249,999 4 33.3%

$250,000 - $299,999 14 7.7%

$300,000 - $399,999 29 52.6%

$400,000 - $599,999 33 65.0%

$50,000 - $99,999 0 -100.0%

$100,000 - $149,999 15 87.5%

Initial Listing Price New ListingsPercent Change

Year-over-Year


0

20

40

60

80

100

120

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

5

10

15

20

25

30

35

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

20

40

60

80

100

120

0

5

10

15

20

25

30

35



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


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



Short Sale

2 3 -33.3%

$227,500 $295,000 -22.9%

Foreclosure/REO

2 5 -60.0%

$113,500 $316,000 -64.1%

August 2015 August 2014Percent Change

Year-over-Year

Traditional

74 69 7.2%

$335,000 $343,500 -2.5%

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

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

2011 2012 2013 2014 2015



Monthly Distressed Market - August 2015


2011 2012 2013 2014 2015




2.0%

134 -21.6%

Percent Change

Year-over-Year

-13.5%

373 -33.0%

Closed Sales

64

93.1%

3.8 -20.3%

August 2015

Average Sale Price


95.0%

105


Price Received

Pending Inventory


Month

250


Summary Statistics

Closed Sales

Paid in Cash

$360,198

August 2015

66New Pending Sales

New Listings

Median Sale Price


Year-over-Year

41 57 -28.1%

64 74 -13.5%

77 -14.3%

$232,750 $225,000 3.4%

98 78 25.6%

$345,817 4.2%

59 58 1.7%







seasonal effects.

April 2015 115

March 2015 107

February 2015 71

September 2014 62

August 2014 74

January 2015 75

December 2014 89

-32.1%

November 2014 58

October 2014 77

-33.3%

-28.7%

-35.4%

-16.1%

-15.1%

-7.4%

-11.0%

-18.4%

July 2015 67 -6.9%

11.2%

-11.9%

June 2015 99

May 2015 111



Bonita Springs-Estero Association of REALTORS® Townhouses and Condos

0

50

100

150

200

250

Clo

sed

Sal

es

2011 2012 2013 2014 2015






Year-over-Year

August 2015 41 -28.1%

July 2015 45 -10.0%

June 2015 66 34.7%

May 2015 67 -21.2%







April 2015 81 -22.9%

March 2015 78 -13.3%

February 2015 56 -21.1%

January 2015 51 -16.4%

December 2014 60 -7.7%

November 2014 44 -33.3%

October 2014 53 -26.4%

September 2014 34 -46.0%

August 2014 57 -20.8%


Sales Paid in Cash

Percent Change

Year-over-Year

August 2015 64.1% -16.8%

July 2015 67.2% -3.3%

June 2015 66.7% 21.1%

May 2015 60.4% -10.5%





April 2015 70.4% -8.1%

March 2015 72.9% 2.1%

February 2015 78.9% -3.4%

January 2015 68.0% -9.7%

December 2014 67.4% 3.7%

November 2014 75.9% 0.0%

October 2014 68.8% 3.2%

September 2014 54.8% -16.4%

August 2014 77.0% 16.6%



44%

54%

64%

74%

84%

94%

Pct

. of

Clo

sed

Sa

les

Pai

d in

Cas

h

0

50

100

150

200

Cas

h S

ale


2011 2012 2013 2014 2015



2011 2012 2013 2014 2015





Month

MonthPercent Change


-1.5%64July 2015

25.6%98August 2015

-49.2%

-43.4%

-14.3%

-17.7%

-47.6%

-13.7%

-3.3%89May 2015

-26.8%71June 2015

-55.7%78August 2014

-34.4%103September 2014

-29.3%128October 2014

-22.0%124November 2014

-42.1%77

83

93

66

77

-36.6%

-25.6%

-26.1%156

-26.0%114

-0.7%133

-17.2%111

13.3%

-6.7%

-18.8%

-32.2%

-17.0%

88

Percent Change


66

65

43

128

153

125

103

83

August 2015

July 2015

June 2015

May 2015















October 2014

September 2014

August 2014

March 2015

February 2015

January 2015

December 2014

November 2014

December 2014

January 2015

February 2015

March 2015

April 2015



0

100

200

300

400

Ne

w L

isti

ngs

0

50

100

150

200

250

300

Pe

nd

ing

Sale


2011 2012 2013 2014 2015



2011 2012 2013 2014 2015





July 2015 $285,000 25.3%


Year-over-Year

August 2015 $232,750 3.4%

Month

June 2015 $257,500 19.8%

May 2015 $247,500 5.3%





April 2015 $255,000 19.2%

March 2015 $230,000 -5.2%

February 2015 $225,000 -4.5%

January 2015 $245,000 19.0%

December 2014 $267,500 33.8%

November 2014 $203,500 10.0%

October 2014 $230,000 9.5%

July 2015 $336,209 19.1%

September 2014 $216,000 13.7%

August 2014 $225,000 20.3%


Year-over-Year

August 2015 $360,198 4.2%

Month

June 2015 $369,816 28.1%

May 2015 $323,381 2.8%







April 2015 $392,293 50.9%

March 2015 $256,851 -7.1%

February 2015 $328,350 21.4%

January 2015 $323,251 17.1%

December 2014 $310,882 28.1%

November 2014 $239,089 -5.4%

October 2014 $302,654 26.5%

September 2014 $280,016 21.0%

August 2014 $345,817 53.3%

$160K

$210K

$260K

$310K

$360K

$410K

Ave

rage

Sal

e

Pri

ce


$130K

$180K

$230K

$280K

$330K

Me

dia

n S

ale

Pri

ce



2011 2012 2013 2014 2015



2011 2012 2013 2014 2015





July 2015 53 6.0%

Median Days on

Market

Percent Change

Year-over-Year

August 2015 59 1.7%

Month

June 2015 33 -32.7%

May 2015 47 -21.7%








April 2015 42 -6.7%

March 2015 36 -20.0%

February 2015 39 -23.5%

January 2015 43 -27.1%

December 2014 56 1.8%

November 2014 34 -32.0%

October 2014 54 -14.3%

July 2015 94.6% 1.2%

September 2014 64 -8.6%

August 2014 58 -46.8%


Price Received

Percent Change

Year-over-Year

August 2015 95.0% 2.0%

Month

June 2015 94.9% 0.6%

May 2015 94.9% 1.8%







lagging indicator.

April 2015 93.5% -1.1%

March 2015 94.5% 1.8%

February 2015 94.6% -0.9%

January 2015 93.9% 1.2%

December 2014 93.9% 1.8%

November 2014 93.9% 0.2%

October 2014 94.3% 0.5%

September 2014 93.3% -0.7%

August 2014 93.1% 1.1%

75%

80%

85%

90%

95%

100%

Avg

. Pct

. o

f O

rig.

Li

st P

rice

R

ece

ive

d


0

50

100

150

200

Me

dia

n D

ays

on

M

arke

t



2011 2012 2013 2014 2015



2011 2012 2013 2014 2015





July 2015 212 -46.3%


Year-over-Year

August 2015 250 -33.0%

Month

June 2015 215 -51.7%

May 2015 309 -32.2%






April 2015 329 -37.2%

March 2015 358 -31.2%

February 2015 386 -31.7%

January 2015 414 -33.3%

December 2014 394 -47.7%

November 2014 410 -49.0%

October 2014 396 -53.4%

July 2015 2.5 -35.0%

September 2014 395 -52.9%

August 2014 373 -55.8%


Year-over-Year

August 2015 3.0 -20.3%

Month

June 2015 2.6 -39.4%

May 2015 3.7 -9.4%





a sellers' market.

April 2015 3.9 -13.2%

March 2015 4.1 -1.9%

February 2015 4.4 -1.9%

January 2015 4.6 -3.9%

December 2014 4.4 -24.1%

November 2014 4.5 -25.6%

October 2014 4.3 -32.4%

September 2014 4.1 -33.9%

August 2014 3.8 -40.6%

100

600

1,100

1,600

2,100

Inve

nto

ry



2011 2012 2013 2014 2015



1.0

6.0

11.0

16.0

21.0

Mo

nth

s Su

pp

ly o

f In

ven

tory

2011 2012 2013 2014 2015






$600,000 - $999,999 94 56.7%

$1,000,000 or more 59 -53.9%








$150,000 - $199,999 32 -79.7%

$200,000 - $249,999 58 3.6%

$250,000 - $299,999

$400,000 - $599,999 64 45.5%

41 -46.1%

$300,000 - $399,999 113 222.9%







seasonal effects.


Market

Percent Change

Year-over-Year


$1,000,000 or more 5 400.0%

$250,000 - $299,999 9 0.0%

$300,000 - $399,999 6 -14.3%

$50,000 - $99,999 44 266.7%

$100,000 - $149,999

$400,000 - $599,999 6 -25.0%

$600,000 - $999,999 4 -50.0%

60 87.5%

$150,000 - $199,999 13 -18.8%

$200,000 - $249,999 12 -7.7%

$100,000 - $149,999 7 -12.5%


Year-over-Year


$50,000 - $99,999 2 -50.0%

0 20 40 60 80

100 120 140 160 180

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 2 4 6 8

10 12 14 16 18

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 20 40 60 80 100 120 140 160 180

0 2 4 6 8 10 12 14 16 18








$600,000 - $999,999 23 -37.8%

$1,000,000 or more 6 -53.8%






$150,000 - $199,999 23 -64.6%

$200,000 - $249,999 41 -12.8%

$250,000 - $299,999 49 -14.0%

$300,000 - $399,999 40 -32.2%

$400,000 - $599,999 32 -41.8%

$50,000 - $99,999 7 -50.0%

$100,000 - $149,999 24 26.3%


Year-over-Year

Less than $50,000 5 -28.6%

$600,000 - $999,999 7 600.0%

$1,000,000 or more 0 -100.0%







$150,000 - $199,999 8 -57.9%

$200,000 - $249,999 18 80.0%

$250,000 - $299,999 27 237.5%

$300,000 - $399,999 18 50.0%

$400,000 - $599,999 12 20.0%

$50,000 - $99,999 2 -33.3%

$100,000 - $149,999 6 -25.0%


Year-over-Year

Less than $50,000 0 -100.0%

0

10

20

30

40

50

60

70

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

5

10

15

20

25

30

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

70

0

5

10

15

20

25

30






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



Short Sale

0 0 N/A

(No Sales) (No Sales) N/A

Foreclosure/REO

0 4 -100.0%

(No Sales) $130,050 N/A


Year-over-Year

Traditional

64 70 -8.6%

$232,750 $234,500 -0.7%

$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


2011 2012 2013 2014 2015





2011 2012 2013 2014 2015




23.1%

4 50.0%

Percent Change

Year-over-Year

-83.3%

35 -45.7%

Closed Sales

1

78.2%

9.3 -66.5%

August 2015

Average Sale Price


96.3%

6


Price Received

Pending Inventory


Month

19


Summary Statistics

Closed Sales

Paid in Cash

$67,400

August 2015

4New Pending Sales

New Listings

Median Sale Price


Year-over-Year

1 6 -83.3%

1 6 -83.3%

6 -33.3%

$67,400 $60,000 12.3%

5 7 -28.6%

$63,333 6.4%

103 183 -43.7%







seasonal effects.

April 2015 8

March 2015 10

February 2015 7

September 2014 5

August 2014 6

January 2015 4

December 2014 9

200.0%

November 2014 5

October 2014 4

66.7%

0.0%

66.7%

14.3%

100.0%

300.0%

800.0%

133.3%

July 2015 3 N/A

125.0%

0.0%

June 2015 9

May 2015 8



Bonita Springs-Estero Association of REALTORS® Manufactured Homes

0

5

10

15

Clo

sed

Sal

es

2011 2012 2013 2014 2015






Year-over-Year

August 2015 1 -83.3%

July 2015 2 N/A

June 2015 9 125.0%

May 2015 8 33.3%







April 2015 7 0.0%

March 2015 9 80.0%

February 2015 7 133.3%

January 2015 3 200.0%

December 2014 9 800.0%

November 2014 5 66.7%

October 2014 4 0.0%

September 2014 5 66.7%

August 2014 6 200.0%


Sales Paid in Cash

Percent Change

Year-over-Year

August 2015 100.0% 0.0%

July 2015 66.7% N/A

June 2015 100.0% 0.0%

May 2015 100.0% 33.3%





April 2015 87.5% -12.5%

March 2015 90.0% -10.0%

February 2015 100.0% 0.0%

January 2015 75.0% -25.0%

December 2014 100.0% 0.0%

November 2014 100.0% 0.0%

October 2014 100.0% 0.0%

September 2014 100.0% 0.0%

August 2014 100.0% 0.0%



40%

60%

80%

100%

120%

Pct

. of

Clo

sed

Sa

les

Pai

d in

Cas

h

0

2

4

6

8

10

12

Cas

h S

ale


2011 2012 2013 2014 2015



2011 2012 2013 2014 2015





Month

MonthPercent Change


75.0%7July 2015

-28.6%5August 2015

100.0%

500.0%

-33.3%

-50.0%

200.0%

0.0%

-81.8%2May 2015

0.0%3June 2015

75.0%7August 2014

700.0%8September 2014

57.1%11October 2014

-22.2%7November 2014

75.0%7

8

6

10

6

N/A

0.0%

0.0%13

22.2%11

25.0%10

266.7%11

40.0%

200.0%

-35.7%

200.0%

100.0%

6

Percent Change


4

1

3

7

12

9

12

4

August 2015

July 2015

June 2015

May 2015















October 2014

September 2014

August 2014

March 2015

February 2015

January 2015

December 2014

November 2014

December 2014

January 2015

February 2015

March 2015

April 2015



0

5

10

15

20

25

Ne

w L

isti

ngs

0

5

10

15

Pe

nd

ing

Sale


2011 2012 2013 2014 2015



2011 2012 2013 2014 2015





July 2015 $80,000 N/A


Year-over-Year

August 2015 $67,400 12.3%

Month

June 2015 $71,000 -38.3%

May 2015 $83,500 -7.6%





April 2015 $71,000 -53.4%

March 2015 $83,500 28.5%

February 2015 $95,000 -5.0%

January 2015 $112,250 -13.7%

December 2014 $120,000 62.2%

November 2014 $75,000 -19.8%

October 2014 $68,500 -11.0%

July 2015 $110,000 N/A

September 2014 $105,000 90.9%

August 2014 $60,000 -40.7%


Year-over-Year

August 2015 $67,400 6.4%

Month

June 2015 $87,456 -22.3%

May 2015 $87,813 -28.0%







April 2015 $76,375 -52.5%

March 2015 $85,214 -16.5%

February 2015 $93,050 -2.1%

January 2015 $114,250 -12.1%

December 2014 $103,850 40.3%

November 2014 $74,700 -16.5%

October 2014 $67,750 -38.0%

September 2014 $105,500 87.3%

August 2014 $63,333 -37.4%

$0K

$50K

$100K

$150K

$200K

Ave

rage

Sal

e

Pri

ce


$0K

$50K

$100K

$150K

$200K

Me

dia

n S

ale

Pri

ce



2011 2012 2013 2014 2015



2011 2012 2013 2014 2015





July 2015 73 N/A

Median Days on

Market

Percent Change

Year-over-Year

August 2015 103 -43.7%

Month

June 2015 110 -41.8%

May 2015 56 7.7%








April 2015 84 -61.6%

March 2015 129 92.5%

February 2015 50 -33.3%

January 2015 35 -20.5%

December 2014 89 -25.2%

November 2014 183 -8.5%

October 2014 36 -79.2%

July 2015 75.9% N/A

September 2014 116 9.4%

August 2014 183 27.1%


Price Received

Percent Change

Year-over-Year

August 2015 96.3% 23.1%

Month

June 2015 84.6% 5.0%

May 2015 83.5% -5.1%







lagging indicator.

April 2015 91.6% -0.8%

March 2015 86.0% 0.1%

February 2015 79.5% -8.6%

January 2015 94.3% 7.4%

December 2014 90.4% 17.3%

November 2014 86.4% 19.0%

October 2014 73.1% -21.1%

September 2014 88.2% 1.4%

August 2014 78.2% -9.1%

0%

20%

40%

60%

80%

100%

120%

Avg

. Pct

. o

f O

rig.

Li

st P

rice

R

ece

ive

d


0

100

200

300

400

500

Me

dia

n D

ays

on

M

arke

t



2011 2012 2013 2014 2015



2011 2012 2013 2014 2015





July 2015 18 -40.0%


Year-over-Year

August 2015 19 -45.7%

Month

June 2015 11 -66.7%

May 2015 26 -33.3%






April 2015 33 -17.5%

March 2015 36 -23.4%

February 2015 35 -22.2%

January 2015 37 -28.8%

December 2014 38 -19.1%

November 2014 36 -28.0%

October 2014 35 -12.5%

July 2015 2.8 -68.5%

September 2014 31 -31.1%

August 2014 35 -31.4%


Year-over-Year

August 2015 3.1 -66.5%

Month

June 2015 1.8 -80.9%

May 2015 4.5 -57.1%





a sellers' market.

April 2015 5.7 -49.3%

March 2015 6.3 -46.7%

February 2015 6.6 -44.1%

January 2015 7.4 -40.7%

December 2014 8.0 -24.8%

November 2014 8.8 -13.3%

October 2014 8.9 9.8%

September 2014 7.9 -10.6%

August 2014 9.3 -5.4%

0

50

100

150

Inve

nto

ry



2011 2012 2013 2014 2015



0.0

10.0

20.0

30.0

40.0

Mo

nth

s Su

pp

ly o

f In

ven

tory

2011 2012 2013 2014 2015






$600,000 - $999,999 (No Sales) N/A

$1,000,000 or more (No Sales) N/A








$150,000 - $199,999 (No Sales) N/A

$200,000 - $249,999 (No Sales) N/A

$250,000 - $299,999

$400,000 - $599,999 (No Sales) N/A

(No Sales) N/A

$300,000 - $399,999 (No Sales) N/A







seasonal effects.


Market

Percent Change

Year-over-Year


$1,000,000 or more 0 N/A

$250,000 - $299,999 0 N/A

$300,000 - $399,999 0 N/A

$50,000 - $99,999 103 -51.9%

$100,000 - $149,999

$400,000 - $599,999 0 N/A

$600,000 - $999,999 0 N/A

(No Sales) N/A

$150,000 - $199,999 0 N/A

$200,000 - $249,999 0 N/A

$100,000 - $149,999 0 -100.0%


Year-over-Year

Less than $50,000 0 -100.0%

$50,000 - $99,999 1 -75.0%

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

Me

dia

n D

ays

on

Mar

ket


0

1

2

3

4

5

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

50

100

150

200

250

0

1

2

3

4

5








$600,000 - $999,999 0 N/A

$1,000,000 or more 0 N/A






$150,000 - $199,999 3 200.0%

$200,000 - $249,999 0 N/A

$250,000 - $299,999 0 -100.0%

$300,000 - $399,999 0 N/A

$400,000 - $599,999 0 N/A

$50,000 - $99,999 7 -56.3%

$100,000 - $149,999 7 -41.7%


Year-over-Year

Less than $50,000 2 -50.0%

$600,000 - $999,999 0 N/A

$1,000,000 or more 0 N/A







$150,000 - $199,999 0 -100.0%

$200,000 - $249,999 0 N/A

$250,000 - $299,999 0 N/A

$300,000 - $399,999 0 N/A

$400,000 - $599,999 0 N/A

$50,000 - $99,999 4 33.3%

$100,000 - $149,999 0 -100.0%


Year-over-Year

Less than $50,000 1 0.0%

0 2 4 6 8

10 12 14 16 18

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

1

2

3

4

5

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 2 4 6 8 10 12 14 16 18

0

1

2

3

4

5






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



Short Sale

0 0 N/A


Foreclosure/REO

0 0 N/A



Year-over-Year

Traditional

1 6 -83.3%

$67,400 $60,000 12.3%

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

Me

dia

n S

ale

Pri

ce

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Clo

sed

Sal

es


2011 2012 2013 2014 2015





2011 2012 2013 2014 2015

monthly market detail - august 2015 single family homes...

Documents