FL ARCHIVED April 2018 | Page 38

Polk County
City: Lakeland
Agent Name
Community Information | School District
City: Lakeland
100
87
90
79
80
68
70
Market
Profile
& Trends
April Median
Sales
Price Overview
Median List Price of all Current Listings
April Average Sales Price
60
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
50
April Median Sales Price
40
April 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
10
April Sold Price per Square Foot
April Average Days on Market (Solds)
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
15
16
17
18
Selling Price per Square Foot
Selling Price per Square Foot
150
140
130
120
110
100
90
80
70
60
50
April Month's
Inventory
Asking
Price per Supply
Square of
Foot
(based on New Listings)
April Sold
Sale Price
Price per
vs Square
List Price
April
Foot Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
3 Mo Avg
2.4 8%
96.7% .9%
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 (2017) / YTD = Year-to-date
Property
Sales
109
99
87
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
Prior YTD 15%
Prior Year 8%
11% YTD
$190,000
13%
$206,062
12%
7%
$190,000
15%
1,031
$206,062
12%
-7%
58
13% 1,031 $118
-1%
10%
58 $110
-9%
-21% $118
3.0
12%
1.3% $110 95.9%
11%
8%
-1%
7%
-9%
12%
11% -3%
-13% 9%
1% 7%
-3%
9%
7%
-3%
1%
-7% -24% -21%
3.0 -13%
-3%
Number of 95.9%
Properties
.8% 1.7% 1.3%
1% Sold 1%
400
April Property sales were 293, up 5.8% from 277 in April of 2017
350
and 6.1% lower than the 312 sales last month. April 2018 sales
Property
Sales
were at their
highest level compared to April of 2017 and 2016. 400
300
April Property sales were 293, up 5.8% from 277 in April of 2017
April YTD sales of 1,031 are running 1.4% behind last year's year-
350
and 6.1% lower than the 312 sales last month. April 2018 sales
to-date sales of 1,046.
250
3 Mo Avg
Number of Properties Sold
3 Mo Avg
were at their highest level compared to April of 2017 and 2016.
300
April YTD sales of 1,031 are running 1.4% behind last year's year-
200
to-date sales of 1,046.
250
93%
92%
91%
April of 2017 and 2016.
90%
Inventory / New Listings / Sales
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
16 A M J J A S O N D J F M 17
M J 15 J A S O N D J F M
A M J J A S O N D J F M A 18
15
16
17
18
Inventory & MSI
120 100
2,000
2,500
3,000
180 160
100
3,500
3 Mo Avg
140 120
4,500
4,000
Median Sales Price and Average Sales Price
160 140
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
15
16
17
18
Inventory / New Listings / Sales
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
15
16 Median Sales Price and
17 Average Sales Price 18
3 Mo Avg
The Median Sales Price in April was $195,900, up 21.7% from
Prices
$161,000 in April of 2017 and up 2.4% from $191,250 last
240
The
Median
Sales
Price Sales
in April
was in
$195,900,
up $217,195,
21.7% from
month.
The
Average
Price
April was
up 15.5%
$161,000
in
April
of
2017
and
up
2.4%
from
$191,250
last
from $187,985 in April of 2017 and up 6.4% from $204,211 last 240 220
month.
Average
Price at in the
April
was $217,195,
up 15.5%
month. The
April
2018 Sales
ASP was
highest
level compared
to 220 200
from $187,985 in April of 2017 and up 6.4% from $204,211 last
April of 2017 and 2016.
month. April 2018 ASP was at the highest level compared to
200 180
94%
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
15
16
17
18
0
Prices
95.1%
94.8%
95%
96.4%
0
1,500
Inventory
& MSI of Properties available for sale as of April
The Total Inventory
1,200
The
of Properties
for down
sale as 19.2%
of April
was Total
709, Inventory
up 1.0% from
702 last available
month and
from
1,200
was
up 1.0%
from
702 last
month
down 19.2%
from
878 709,
in April
of last
year.
April
2018 and
Inventory
was at
its lowest
1,000
878
in compared
April of last with
year. April
April
level
of 2018
2017 Inventory
and 2016. was at its lowest
1,000
level compared with April of 2017 and 2016.
800
800
1,000
500
600
0
A comparatively lower MSI is more beneficial for sellers while a
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
6.0
5.0
4.0
96%
50
50
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
97%
100
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
100
150
150
200
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
15
16
17
18
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The
graph shows the basic annual seasonality of the market as well
as the relationship between these items. The number of New
Listings in April 2018 was 1,323, up 5.5% from 1,254 last month
and up 9.6% from 1,207 in April of last year.
LM
2%
17%
$302,353 Trending
4% versus*:
18%
Month
LM 2%
L3M 3%
PYM 22%
LY
$195,900
$239,998 2%
17%
$217,195 6% 5%
16%
$302,353 4%
18%
709 1%
-19%
$195,900 2% 3% 22% 11%
293 -6%
6%
$217,195 6% 5% 16% 13%
56 -8% -3% -18%
709 1%
-19%
$122
4% 3%
14%
293 -6%
6%
$113
2%
3%
56 -8% -3% -18% 12%
-7%
$122 2.4
4% 8%
3% -7%
14% -24%
13%
$113 96.7%
2% .9%
3% .8%
12% 1.7%
10%
Average List Price of all Current Listings
20
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The April 2018 Selling Price vs Original
List Price of 96.4% was up from 96.0% last month and up from
95.1% in April of last year.
Phone
Website
Month
Other
$239,998
Market Profile & Trends Overview
Median
Price
all Current Listings
Price Range: All List
| Properties:
SFH of
- Con
30
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is
a more normalized indicator on the direction of Property values.
The April 2018 Selling Price per Square Foot of $109 was up
1.5% from $108 last month and up 10.2% from 99 in April of last
year.
Community Information | School District
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for April was 68, down 5.6% from 72
days last month and down 13.9% from 79 days in April of last
year. The April 2018 DOM was at its lowest level compared with
April of 2017 and 2016.
3 Mo Avg
April 2018
Title
Phone
Agent
Name
Website
Title Other
Market Time
Lakeland
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
April 2018
Agent Name
Market Action Report
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
Market Action Report
County: Polk
April 2018
Market Action Report
600
400
3.0
6.0
5.0
4.0
3.0
2.0
400
2.0
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The April 2018 MSI of 2.4
200
1.0
higher MSI is better for buyers. The April 2018 MSI of 2.4
200
1.0
months was at its lowest level compared with April of 2017 and
months was at its lowest level compared with April of 2017 and
0
0.0
2016.
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
0
0.0
2016.
N REALTORS,
M J A J Coast
M A J Association
O J N F M
D Pensacola
F M
J N A D S J and
O F may
N M not
D A reflect
J F all M
A real estate
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR M
Association,
Emerald
relevant
J M
J A J Navarre
S J O A Area
N S Board
D O J of
F D M J A F M
S J O A N S of D REALTORS,
A J M
J Association
J A A M S J of O REALTORS
16
17
18
15 15
16
17
18
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.
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
15
16
17
18
38 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
c o l dw el l b a n k er h o m es . c o m
| 39
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
o f any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.