Watch on YouTube here: Southwest Florida Real Estate Market 2017 Update
Via Get It Dunn Channel
The post Southwest Florida Real Estate Market 2017 Update appeared first on Steelbridge Realty LLC located in North Fort Myers.
Friday, March 31, 2017
Southwest Florida Real Estate Market 2017 Update
Southwest Florida Real Estate Market 2017 Update
Watch on YouTube here: Southwest Florida Real Estate Market 2017 Update
Via Get It Dunn Channel
The post Southwest Florida Real Estate Market 2017 Update appeared first on Steelbridge Realty LLC located in North Fort Myers.
Southwest Florida Real Estate Market 2017 Update
This Southwest Florida Real Estate Market 2017 was compiled by
Jeff Tumbarello, Broker Steelbridge Realty and Director SWFL REIA
Why did I do this Southwest Florida Real Estate Market 2017 Update?
- I am hearing from many of sources that the real estate market is getting soft. ~Mainly from real estate agents.
- So what do the numbers say?
The 4 basic things to watch in any Real Estate Market:
- Volume
- Sales Counts
- Average Price
- Median Price
About the data:
- This is a Year over Year Comparison from Jan. (2016 versus 2017 ) thru March 20 for Lee County Residential
- All the data was pulled from the MLS and trended in microsoft excel.
- Please note, this is my work done for me and shared with you.
Sales Counts and Activity:
| 2016 | 2017 | DIFF | |
| Volume | $979,042,897 | $1,124,203,375 | 14.83% |
| Counts | 3,525 | 3,779 | 7.21% |
Average and Median Pricing:
| 2016 | 2017 | DIFF | |
| Average Price | $277,743 | $297,487 | 7.11% |
| Median Price | $199,080 | $218,500 | 9.75% |
Additional Data Points to consider in this Southwest Florida Real Estate Market 2017 Update. how many months inventory?
- As of 2:03 PM on 3/31/2017.
- Lee County had 19,581 in the last 365 days.
- That equates to a 1,631 sales a month.
- We currently have 9,442 active listings.
- We have 5.7 months inventory which is a balanced market.
How about the cash percentage?
| 2016 | 2017 | DIFF | |
| Cash % | 50.27% | 46.89% | -6.72% |
Conclusion:
- The market appears to be doing fine. Volume, sales count, average and media price are all up. That is a growing market.
- Further analysis shows the market segments are shifting.
- Final and most important note. The street tends to be wrong.
Who am I?
- I am the local expert and source of data for the current trends in Real Estate Metrics.
- I also have performed market metrics and product modeling for the capital markets and several private equity firms.
- I have participated in many large bulk asset and distressed note sale
- I have engineered some large and well performing residential portfolios.
- Since 2009, I have brokered over 9 million in Commercial Real Estate. These projects have ranged from large office buildings in Cape Coral, distressed gulf access development sites in Naples and numerous large warehouses from Sarasota in Fort Myers.
- I have also been very active in commercial leasing.
- I have worked with the following media outlets as a subject matter expert. (General Real Estate, Real Estate Statistics, Real Estate Investing & Foreclosures): NPR, Bloomberg, Huffington Post, Wall Street Journal, NBC, ABC, Wink, Fox, Fort Myers News Press, Naples Daily News, Fort Myers Weekly, and Gulf Coast Business Journal.
Questions? Thoughts?
Call 239 694 3300 x102 or use the form below
A webform by Podio
The post Southwest Florida Real Estate Market 2017 Update appeared first on Steelbridge Realty LLC located in North Fort Myers.
Southwest Florida Real Estate Market 2017 Update
This Southwest Florida Real Estate Market 2017 was compiled by
Jeff Tumbarello, Broker Steelbridge Realty and Director SWFL REIA
Why did I do this Southwest Florida Real Estate Market 2017 Update?
- I am hearing from many of sources that the real estate market is getting soft. ~Mainly from real estate agents.
- So what do the numbers say?
The 4 basic things to watch in any Real Estate Market:
- Volume
- Sales Counts
- Average Price
- Median Price
About the data:
- This is a Year over Year Comparison from Jan. (2016 versus 2017 ) thru March 20 for Lee County Residential
- All the data was pulled from the MLS and trended in microsoft excel.
- Please note, this is my work done for me and shared with you.
Sales Counts and Activity:
| 2016 | 2017 | DIFF | |
| Volume | $979,042,897 | $1,124,203,375 | 14.83% |
| Counts | 3,525 | 3,779 | 7.21% |
Average and Median Pricing:
| 2016 | 2017 | DIFF | |
| Average Price | $277,743 | $297,487 | 7.11% |
| Median Price | $199,080 | $218,500 | 9.75% |
Additional Data Points to consider in this Southwest Florida Real Estate Market 2017 Update. how many months inventory?
- As of 2:03 PM on 3/31/2017.
- Lee County had 19,581 in the last 365 days.
- That equates to a 1,631 sales a month.
- We currently have 9,442 active listings.
- We have 5.7 months inventory which is a balanced market.
How about the cash percentage?
| 2016 | 2017 | DIFF | |
| Cash % | 50.27% | 46.89% | -6.72% |
Conclusion:
- The market appears to be doing fine. Volume, sales count, average and media price are all up. That is a growing market.
- Further analysis shows the market segments are shifting.
- Final and most important note. The street tends to be wrong.
Who am I?
- I am the local expert and source of data for the current trends in Real Estate Metrics.
- I also have performed market metrics and product modeling for the capital markets and several private equity firms.
- I have participated in many large bulk asset and distressed note sale
- I have engineered some large and well performing residential portfolios.
- Since 2009, I have brokered over 9 million in Commercial Real Estate. These projects have ranged from large office buildings in Cape Coral, distressed gulf access development sites in Naples and numerous large warehouses from Sarasota in Fort Myers.
- I have also been very active in commercial leasing.
- I have worked with the following media outlets as a subject matter expert. (General Real Estate, Real Estate Statistics, Real Estate Investing & Foreclosures): NPR, Bloomberg, Huffington Post, Wall Street Journal, NBC, ABC, Wink, Fox, Fort Myers News Press, Naples Daily News, Fort Myers Weekly, and Gulf Coast Business Journal.
Questions? Thoughts?
Call 239 694 3300 x102 or use the form below
A webform by Podio
The post Southwest Florida Real Estate Market 2017 Update appeared first on Steelbridge Realty LLC located in North Fort Myers.
Wednesday, March 8, 2017
Gators gather at a florida sinkhole
The Gators gather at a florida sinkhole just shows the beauty and diversity of the State of Florida and its ecosystem. We are Steelbridge Realty are unabashedly in love with this state!
In a secluded area of Myakka River State Park, there’s a sinkhole, named Deep Hole, that’s 200 feet wide and 130 feet deep, and it’s apparently an alligator’s dream home, according to local news reports.
I, Jeff Tumbarello (Broker Steelbridge Realty LLC) hike, hunt and fish in the Florida Everglades. I have seen a lot of Alligators in one place but nothing like this! There is so much more to Florida than just beaches (not a knock on our beautiful beaches at all!)
If you need someone from Florida to help guide you on your homesearck. Please call us 239 694 3300 or use the form below!
Gators gather at a florida sinkhole at Myakka River State Park
One of the oldest and largest state parks, Myakka protects one of the state’s most diverse natural areas. The Myakka River, designated as a Florida Wild and Scenic River, flows through 58 square miles of wetlands, prairies, hammocks, and pinelands. Visitors can enjoy wildlife viewing from a boardwalk that stretches out over the Upper Myakka Lake, then take to the treetops with a stroll along the canopy walkway. The park´s river and two lakes provide ample opportunities for boating, freshwater fishing, canoeing, and kayaking; a boat ramp provides access to Upper Myakka Lake. Hikers can explore trails that cross large expanses of rare Florida dry prairie. Scenic lake tours are offered daily on the world´s two largest airboats. Safari tram tours of the park´s backcountry are offered from mid-December through May. Full-facility campgrounds and primitive campsites are available. Five palm log cabins, built in the 1930s by the Civilian Conservation Corps, have been modernized for comfortable lodging. Located nine miles east of Sarasota on State Road 72.
The American alligator is classified by the US Fish and Wildlife Service as similarity of appearance to a threatened taxon. This listing provides federal protection for alligators but allows state-approved management and control programs. This listing has been adopted by the State of Florida. Alligators can be legally taken only by individuals with proper licenses and permits.
For more information call 239 694 3300 or use the form below
A webform by Podio
The post Gators gather at a florida sinkhole appeared first on Steelbridge Realty LLC located in North Fort Myers.
Gators gather at a florida sinkhole
The Gators gather at a florida sinkhole just shows the beauty and diversity of the State of Florida and its ecosystem. We are Steelbridge Realty are unabashedly in love with this state!
In a secluded area of Myakka River State Park, there’s a sinkhole, named Deep Hole, that’s 200 feet wide and 130 feet deep, and it’s apparently an alligator’s dream home, according to local news reports.
I, Jeff Tumbarello (Broker Steelbridge Realty LLC) hike, hunt and fish in the Florida Everglades. I have seen a lot of Alligators in one place but nothing like this! There is so much more to Florida than just beaches (not a knock on our beautiful beaches at all!)
If you need someone from Florida to help guide you on your homesearck. Please call us 239 694 3300 or use the form below!
Gators gather at a florida sinkhole at Myakka River State Park
One of the oldest and largest state parks, Myakka protects one of the state’s most diverse natural areas. The Myakka River, designated as a Florida Wild and Scenic River, flows through 58 square miles of wetlands, prairies, hammocks, and pinelands. Visitors can enjoy wildlife viewing from a boardwalk that stretches out over the Upper Myakka Lake, then take to the treetops with a stroll along the canopy walkway. The park´s river and two lakes provide ample opportunities for boating, freshwater fishing, canoeing, and kayaking; a boat ramp provides access to Upper Myakka Lake. Hikers can explore trails that cross large expanses of rare Florida dry prairie. Scenic lake tours are offered daily on the world´s two largest airboats. Safari tram tours of the park´s backcountry are offered from mid-December through May. Full-facility campgrounds and primitive campsites are available. Five palm log cabins, built in the 1930s by the Civilian Conservation Corps, have been modernized for comfortable lodging. Located nine miles east of Sarasota on State Road 72.
The American alligator is classified by the US Fish and Wildlife Service as similarity of appearance to a threatened taxon. This listing provides federal protection for alligators but allows state-approved management and control programs. This listing has been adopted by the State of Florida. Alligators can be legally taken only by individuals with proper licenses and permits.
For more information call 239 694 3300 or use the form below
A webform by Podio
The post Gators gather at a florida sinkhole appeared first on Steelbridge Realty LLC located in North Fort Myers.
Hundreds of gators gather at Deep Hole in Myakka River State Park
Watch on YouTube here: Hundreds of gators gather at Deep Hole in Myakka River State Park
Via Get It Dunn Channel
The post Hundreds of gators gather at Deep Hole in Myakka River State Park appeared first on Steelbridge Realty LLC located in North Fort Myers.
Hundreds of gators gather at Deep Hole in Myakka River State Park
Watch on YouTube here: Hundreds of gators gather at Deep Hole in Myakka River State Park
Via Get It Dunn Channel
The post Hundreds of gators gather at Deep Hole in Myakka River State Park appeared first on Steelbridge Realty LLC located in North Fort Myers.
Thursday, March 2, 2017
February 2017 Lee County Fl Foreclosure Trend Report
Watch on YouTube here: February 2017 Lee County Fl Foreclosure Trend Report
Via Get It Dunn Channel
The post February 2017 Lee County Fl Foreclosure Trend Report appeared first on Steelbridge Realty LLC located in North Fort Myers.
February 2017 Lee County Fl Foreclosure Trend Report
Watch on YouTube here: February 2017 Lee County Fl Foreclosure Trend Report
Via Get It Dunn Channel
The post February 2017 Lee County Fl Foreclosure Trend Report appeared first on Steelbridge Realty LLC located in North Fort Myers.
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