FL ARCHIVED April 2017 | Page 23

POLK COUNTY

Community Information | School District
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,497,500
0 %
0 %
Average List Price of all Current Listings
$ 2,059,265
7 %
15 %
April Median Sales Price
$ 1,050,000
-5%
0 %
-28% -24%
$ 1,050,000
-28%
-24%
April Average Sales Price
$ 1,050,000
-5%
-8% -28% -25%
$ 1,139,625
-24%
-19%
Total Properties Currently for Sale ( Inventory )
20 -17%
-41%
April Number of Properties Sold
1
0 %
0 %
5
67 %
April Average Days on Market ( Solds )
19 -90% -90% -80% -89%
189
110 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 926
206 % 107 % 283 % 230 %
$ 448
57 %
59 %
April Sold Price per Square Foot
$ 272
-13% 10 % 147 %
8 %
$ 247
15 %
-2%
April Month ' s Supply of Inventory
20.0 -17% 15 % -41% -27%
17.3
-45%
-37%
April Sale Price vs List Price Ratio
87.5 % 3.4 % -3.7% -3.7% -2.6%
90.8 %
5 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales April Property sales were 1 , equal to 1 in April of 2016 and the same as the 1 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 5 are running 66.7 % ahead of last year ' s year-to-date sales of 3 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2 1 1
Prices The Median Sales Price in April was $ 1,050,000 , down 27.6 % from $ 1,450,000 in April of 2016 and down 4.5 % from $ 1,100,000 last month . The Average Sales Price in April was $ 1,050,000 , down 27.6 % from $ 1,450,000 in April of 2016 and down 4.5 % from $ 1,100,000 last month . April 2017 ASP was at the lowest level compared to April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 20 , down 16.7 % from 24 last month and down 41.2 % from 34 in April of last year . April 2017 Inventory was at its lowest level compared with April of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 20.0 months was at a mid level compared with April of 2016 and 2015 .
3 Mo Avg 0
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 -1 14
15 16
17
Median Sales Price and Average Sales Price
3 Mo Avg
1,800 1,700 1,600 1,500 1,400 1,300 1,200 1,100 1,000
40 35 30 25
40 20
35 15
30 10 255 200 15 10 5 0
27
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
14
15
16
17
27 27 27 27 27 27 27
M
14
27 27 27 27
Total Inventory & Month ' s Supply of Inventory ( MSI )
27
27
23 23
23 23 22
J
J
A S O N D J
15
22 27
27 32 33 34 34 32
32 33 34 34 32
27 27
29
29
26 28 30 30 30 34 32 30 29 32 30 28 27
22 22 24 24
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
26 28 30
F M A M J
J
A S O N D J
16
30
30 34 32 30 29 32 30 28 27
22 22
F M A M J
J
A S O N D J
17
24 24
F M A 40.0
20
F M A
20
35.0 30.0 25.0
20.0 40.0
15.0 35.0
10.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
0 0 0 0 0 0 0 0 0 0 0 2 0 2 1 0 0 2 2 0 0 1 1 1 0 0 2 0 0 1 0 0 0 3 1 1
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