FL ARCHIVED December 2017 | Page 30

Market Action Report
December 2017
City: Lakewood Ranch
LAKEWOOD
RANCH
Market Action Report
Agent Name
December 2017
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other -2%
$1,399,950
-7%
City: Lakewood Information
Ranch
Community
| School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Listings
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$1,551,576 2% Trending versus*:
-6%
Month -24%
LM -22%
L3M PYM -17%
LY
YTD
Prior
YTD Prior
Year
$1,000,000
$1,360,000
15%
13%
$1,399,950
-2%
-7%
$1,000,000 -24% -26%
-29% $1,470,134
8%
5%
Average
List Price Currently
of all Current
Listings
$1,551,576
-6%
Total Properties
for Sale
(Inventory)
61 2%
2%
11%
December
Price
$1,000,000 1 -24%
-17% $1,360,000
15%
13%
December Median
Number Sales
of Properties
Sold
-50% -22%
38
3%
December
$1,000,000
-29%
8%
5%
December Average
Average Sales
Days Price
on Market (Solds)
41 -24%
-56% -26%
-66%
-56% $1,470,134
133
60%
43%
Total
Properties
for Sale
(Inventory)
61 35%
2% 19% 11%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$405
22% 16%
$345
-1%
-1%
December
of Properties
38
3%
December Number
Sold Price
per Square Sold
Foot
$285 1 -50%
-15% -12%
-11%
$328
3%
3%
December
Average
Days
on
Market
(Solds)
41
-56%
-66%
-56%
133
60%
43%
December Month's Supply of Inventory
61.0 103% 89% 0% 335%
32.7 133%
133%
Asking
Price Sale
per Price
Square
(based
on New Listings)
$405 5.2%
35% 19%
16%
$345
-1%
-1%
December
vs Foot
List Price
Ratio
91.3%
.6% 22% -1.2%
89.7%
-3%
-3%
* LM=Last Month Sold
/ L3M=Last
3 Months
December
Price
per / PYM=Same
Square Month
Foot Prior Year / LY=Last Year (2016) / YTD = Year-to-date
$285 -15% -12%
-11%
$328
3%
3%
December Month's Supply of Inventory
61.0 103% 89% 0%
335%
32.7
133%
133%
Number of Properties Sold
December
Price vs List Price Ratio
91.3% 5.2% .6%
-1.2%
89.7%
-3%
-3%
Property Sale
Sales
Average List Price of all Current Listings
Market
Profile
& Sales
Trends
Overview
December
Median
Price
Median
List
Price
of
all
Current
December Average Sales Price Listings
12
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Property sales were 1, up from 0 in December of
2016 and 50.0% lower than the 2 sales last month. December
10
2017 sales were at a mid level compared to December of 2016
Property
Sales
and 2015. December
YTD sales of 38 are running 2.7% ahead of 12
8
December
sales sales
were of 1, 37.
up from 0 in December of
last year's Property
year-to-date
2016 and 50.0% lower than the 2 sales last month. December
10
6
2017 sales were at a mid level compared to December of 2016
and 2015. December YTD sales of 38 are running 2.7% ahead of
last year's year-to-date sales of 37.
3 Mo Avg
Number of Properties Sold
3 Mo Avg
8
4
2
4
Median Sales Price and Average Sales Price
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
2,400 15
16
17
Median Sales Price and Average Sales Price
2,200
3 Mo Avg
2,000
2,400
1,800
2,200
1,600
2,000
1,400
1,800
1,200
1,600
1,000
1,400
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
1,200
Inventory & MSI
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
2
Prices
The Median Sales Price in December was $1,000,000, up from
$0 in December of 2016 and down 24.0% from $1,315,000 last
month. The Average Sales Price in December was $1,000,000,
Prices
up from $0 in December of 2016 and down 24.0% from
The
Median Sales
Price in December
Decemb er 2017
was ASP
$1,000,000,
from
$1,315,000
last month.
was at the up lowest
$0
in December
and down
24.0%
from $1,315,000 last
level
compared of
to 2016
December
of 2016
and 2015.
month. The Average Sales Price in December was $1,000,000,
up from $0 in December of 2016 and down 24.0% from
$1,315,000 last month. December 2017 ASP was at the lowest
level compared to December of 2016 and 2015.
4 0
6
2
1,000
Total Inventory & Month's Supply of Inventory (MSI)
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
80
80.0
70
70.0
60
60.0
Total Inventory & Month's Supply of Inventory (MSI)
50
50.0
80
80.0
40
40.0
70
70.0
30
30.0
60
60.0
20
20.0
50
50.0
10
10.0
40
40.0
0
0.0
30
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 30.0
20 15
20.0
16
17
10
10.0
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
15
16
17
The Total Inventory of Properties available for sale as of
December was 61, up 1.7% from 60 last month and up 10.9%
from 55 in December of last year. December 2017 Inventory
Inventory
& MSI
was at its highest
level compared with December of 2016 and
2015.
The
Total Inventory of Properties available for sale as of
December was 61, up 1.7% from 60 last month and up 10.9%
from 55 in December of last year. December 2017 Inventory
A comparatively
lower compared
MSI is more
beneficial
for of sellers
was
at its highest level
with
December
2016 while
and a
higher MSI is better for buyers. The December 2017 MSI of 61.0
2015.
months 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 61.0
months was at its highest level compared with December of
2016 and 2015.
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 REALT
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.
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
30 | coldwellbankerluxury.com
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 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.