FL ARCHIVED December 2017 | Page 122

LAKE 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
$ 1,500,000
0 %
-6%
Average List Price of all Current Listings
$ 2,039,681
0 %
-14%
December Median Sales Price
$ 1,517,030
9 %
14 %
12 %
$ 1,350,000
2 %
0 %
December Average Sales Price
$ 1,447,343
4 %
7 %
3 %
$ 1,534,165
11 %
10 %
Total Properties Currently for Sale ( Inventory )
62
-2%
29 %
December Number of Properties Sold
3
50 %
23
92 %
December Average Days on Market ( Solds )
167 -54% -27%
142 %
189
220 %
174 %
Asking Price per Square Foot ( based on New Listings )
$ 316
-14%
-4%
18 %
-8%
$ 331
-4%
-4%
December Sold Price per Square Foot
$ 274
-1%
11 %
7 %
$ 258
-1%
1 %
December Month ' s Supply of Inventory
20.7 -34% -21%
0 %
-45%
35.1
-7%
-7%
December Sale Price vs List Price Ratio
89.9 % -5.2%
. 5 %
-1.5%
90.8 %
-1%
-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 December Property sales were 3 , up from 0 in December of 2016 and 50.0 % higher than the 2 sales last month . December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales of 23 are running 91.7 % ahead of last year ' s year-to-date sales of 12 .
6
5
4
Number of Properties Sold
3 Mo Avg
3
2
1
Prices The Median Sales Price in December was $ 1,517,030 , up from $ 0 in December of 2016 and up 8.6 % from $ 1,397,500 last month . The Average Sales Price in December was $ 1,447,343 , up from $ 0 in December of 2016 and up 3.6 % from $ 1,397,500 last month . December 2017 ASP was at the highest level compared to December of 2016 and 2015 .
0
3 Mo Avg 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 M J J A S O N D
-1 15 16
17 Median Sales Price and Average Sales Price
3 Mo Avg
3,500
3,000
2,500
2 0 2 0 0 5 1 1 0 0 0 0 2 2 1 2 1 1 2 1 0 0 0 0 1 1 0 1 1 2 5 4 3 0 2 3
2,000
1,500
Inventory & MSI The Total Inventory of Properties available for sale as of December was 62 , down 1.6 % from 63 last month and up 29.2 % from 48 in December of last year . December 2017 Inventory was at its highest level compared with December of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 20.7 months was at its highest level compared with December of 2016 and 2015 .
1,000
70 60 50
70 40
60 30
50 20
40 10 300 20 10 0
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 M J
J
A S O N D
15
16
17
70.0
60.0
Total Inventory & Month ' s Supply of Inventory ( MSI )
50.0
40.0
70.0
30.0
60.0
20.0
50.0
10.0
40.0
30.0
J
F M A M J
J
A S O N D
J
F M A M J
J
15
16
A S O N D
J
F M A M J
17
J
A S O N D
20.0
10.0
0.0
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 M J
J
A S O N D
15
16
17
45 45
47 47
49 49
47 47
44 44
40 40
34 34
30 30
50
50 52 52 53
52 52 53 45 46
45 46
52 52
59 59
53 53
47
47 49 50
49 50
44 44
48 48
53
53 48 48
48 48
53 53
55 55
58
58 61 61
61 61
64
64 61 61
61 61
58
58 63 62
63 62