Market Action Report
Lakewood Ranch
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Other
Title
April 2017
Community Information | School District
City: Lakewood Ranch
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$499,000
3%
5%
Other
$661,522 Trending
1% versus*: 8%
Trending versus*:
Month
LM -14%
L3M -12%
PYM -15%
LY -12% YTD
Prior YTD 1%
Prior Year
$334,275
$379,063
$499,000
3% -11% -21%
5% -8% -15%
$398,782
$502,046
4%
$661,522 399
1% -8%
8% 12%
$334,275 -14%
-12%
-15%
-12%
$379,063
1%
52 2%
6%
172
-7% 0%
$398,782 116
-11% 26%
-21% 5%
-8% 57%
-15% 43%
$502,046
4%
111
50% 7%
399 -8%
12%
$203 5% 1% 4% 0%
$202
0%
52 2%
6%
172
-7%
$179 0% -5% 1% -3%
$189
2%
116 26% 5% 57% 43%
111
50%
37%
7.7 -10% -16% 6% 16%
10.1
41%
$203 5% 1% 4% 0%
$202
0%
-1%
91.5% -1.7% -1.0% -2.0% -2.6%
92.4%
-3%
Average List Price of all Current Listings
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
$179 0% -5% 1%
7.7 -10% -16% 6%
91.5% -1.7% -1.0% -2.0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
April Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
37%
-1%
3%
52%
-2%
-3%
$189
2%
3%
16%
10.1
41%
52%
Number of 92.4%
Properties
-2.6%
-3% Sold -2%
3 Mo Avg
Number of Properties Sold
70
3 Mo Avg
60
50
60
40
50
30
40
20
30
Prices
The Median Sales Price in April was $334,275, down 15.4% from
Prices
$395,000 in April of 2016 and down 13.7% from $387,500 last
The
Median
Sales
Price Sales
in April
was in
$334,275,
down
15.4% from
month.
The
Average
Price
April was
$398,782,
down
700
$395,000
in $432,710
April of 2016
and down
13.7%
$387,500
last
7.8% from
in April
of 2016
and from
down
11.2% from
month.
The last
Average
Sales April
Price 2017
in April
down
$448,883
month.
ASP was
was $398,782,
at the lowest
level 650
600
7.8%
from $432,710
2016
and down 11.2% from
compared
to April in
of April
2016 of
and
2015.
550
500
450
14
700
650
52
15
16
Median Sales Price and Average Sales Price
38
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
14
15
16
17
M J J A S O N D J F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
0
0
10
10
20
$448,883 last month. April 2017 ASP was at the lowest level
compared to April of 2016 and 2015.
0%
7%
80
April Property sales were 52, up 6.1% from 49 in April of 2016
and 2.0% higher than the 51 sales last month. April 2017 sales
Property
Sales
were at a mid
level compared to April of 2016 and 2015. April 80
April
sales are
were
52, up 7.0%
6.1% from
49 last
in April
of year-to-
2016
YTD Property
sales of 172
running
behind
year's
70
and
2.0%
higher
than the 51 sales last month. April 2017 sales
date
sales
of 185.
were at a mid level compared to April of 2016 and 2015. April
YTD sales of 172 are running 7.0% behind last year's year-to-
date sales of 185.
Trending versus*:
Prior YTD Prior Year
YTD
City: Lakewood Ranch
April 2017
3 Mo Avg
17
3 Mo Avg
600
550
500
450
400
400 350
350 300
300 250
Inventory & MSI
level compared with April of 2016 and 2015.
300
0
52 | c
14.0
14.0
300
200
A comparatively lower MSI is more beneficial for sellers while 200
a
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 7.7 a
100
higher
MSI
is better
for buyers.
April 2017
MSI
of 7.7
100
months
was
at its highest
level The
compared
with
April
of 2016 and
months
0
2015. was at its highest level compared with April of 2016 and
2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
500
was Total
399, Inventory
down 8.1%
from 434 last
month
from
The
of Properties
available
for and
sale up
as 12.4%
of April
500
355 399,
in April
last from
year. 434
April
Inventory
was at from
its highest
was
down of 8.1%
last 2017
month
and up 12.4%
400
355
in comp