FL ARCHIVED April 2017 | Page 34

Market Action Report April 2017

LAKEWOOD RANCH

City : Lakewood Ranch

Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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
$ 1,450,000
-1%
-3%
Average List Price of all Current Listings
$ 1,571,533
-2%
-0%
April Median Sales Price
$ 1,599,535
23 %
11 %
39 %
33 %
$ 1,437,950
21 %
20 %
April Average Sales Price
$ 1,599,535
27 % -10% 34 %
14 %
$ 1,773,436
24 %
27 %
Total Properties Currently for Sale ( Inventory )
70
-1%
63 %
April Number of Properties Sold
1 -67%
-67%
12
-25%
April Average Days on Market ( Solds )
65 -35% -47% -31% -30%
122
72 %
31 %
Asking Price per Square Foot ( based on New Listings )
$ 343
8 %
-3% -11%
-2%
$ 352
0 %
1 %
April Sold Price per Square Foot
$ 372
28 %
9 %
26 %
17 %
$ 341
2 %
7 %
April Month ' s Supply of Inventory
70.0
196 % 82 % 388 % 399 %
31.9
147 %
127 %
April Sale Price vs List Price Ratio
90.7 % 3.7 % 1.4 % -. 9 % -1.8%
89.4 %
-6%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 1 , down 66.7 % from 3 in April of 2016 and 66.7 % lower than the 3 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 .
Property April YTD sales Sales of 12 are running 25.0 % behind last year ' s yearto-date Property sales of sales 16 . were 1 , down 66.7 % from 3 in April of 2016
April and 66.7 % lower than the 3 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 12 are running 25.0 % behind last year ' s yearto-date sales of 16 .
1
Prices The Median Sales Price in April was $ 1,599,535 , up 39.3 % from 0 $ 1,148,000 in April of 2016 and up 23.0 % from $ 1,300,000 last M
2,400 month . The Average Sales Price in April was $ 1,599,535 , up 14
Prices 34.0 % from $ 1,194,000 in April of 2016 and up 27.2 % from 2,200 The $ 1,257,597
Median last Sales month Price
. in April
April 2017 was ASP $ 1,599,535 was at the
, up highest 39.3 % from level 2,000
$ compared 1,148,000 to in April April of of 2016 2016 and and 2015 up 23.0 .
% from $ 1,300,000 last 2,400 1,800 month . The Average Sales Price in April was $ 1,599,535 , up 34.0 % from $ 1,194,000 in April of 2016 and up 27.2 % from 2,200 1,600 $ 1,257,597 last month . April 2017 ASP was at the highest level 2,000 1,400 compared to April of 2016 and 2015 .
1,800 1,200
Inventory & MSI The Total Inventory of Properties available for sale as of April was 70 , down 1.4 % from 71 last month and up 62.8 % from 43 in April of last year . April 2017 Inventory was at its highest level compared with April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 70 , down 1.4 % from 71 last month and up 62.8 % from 43 in April of last year . April 2017 Inventory was at its highest level A comparatively lower MSI is more beneficial for sellers while a compared with April of 2016 and 2015 . higher MSI is better for buyers . The April 2017 MSI of 70.0 months was at its highest 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 70.0 months was at its highest level compared with April of 2016 and 2015 .
6 8 5 7 4 6 3 5 2 4 1 3 0 2
1,600 1,000 1,400 1,200 1,000
30 20 10 0
0 13
1
Number of Properties Sold
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
15
16
17
Median Sales Price and Average Sales Price
Total Inventory & Month ' s Supply of Inventory ( MSI )
M 14
J
J
A S O N D
J 15
F M A M J
J
A S O N D
J 16
F M A M J
J
A S O N D
J 17
14 1 15
Agent Name
Title Phone Website Other
0 17
0 18
3
Total Inventory & Month ' s Supply of Inventory ( MSI )
24 5 2
26 26
2
Number of Properties Sold
Median Sales Price and Average Sales Price
32 35 35 37 34 36 32 29 31 31 32 35 40 44 45 43 47 46 45 41 38 46 50
55 60
66
F M A 80.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 M J Jand AUp S| Property O N Types D J: SFH F M- ConA M J J A S O N D J F M A M J J A S O N D J F M A Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , 14 Miami Association of REALTORS 15 , My Florida Regional MLS , Naples Area Board of 16 REALTORS , REALTORS Association of the Palm 17 Beaches , Space Coast Association of REAL does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
34 | coldwellbankerluxury . com
8 7
80 70 60 50
80 40
70 30
60 20
50 10 400
2 3 3 1 5 2 2 2 4 3 6 2 4 7 3 2 6 4 3 4 2 0 0 5
3 Mo Avg
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
13
M 14
3
3 Mo Avg
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
14 15 17 18 24 26 26 32 35 35 37 34 36 32 29 31 31 32 35 40 44 45 43 47 46 45 41 38 46 50
55 60
66 71 70
71 70
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
15
16
17
3 Mo Avg
3 1
3 Mo Avg
70.0 60.0 50.0
40.0 80.0
30.0 70.0
20.0 60.0
10.0 50.0 40.0 30.0 20.0 10.0 0.0
0 1 1 0 0 3 5 2 2 2 3 3 1 5 2 2 2 4 3 6 2 4 7 3 2 6 4 3 4 2 0 0 5 3 3 1