Market Action Report January 2018
Community Information | School District
Market Action Report January 2018
County : Lake
Price Range : All | 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 |
$ 267,180 |
-0% |
|
7 % |
|
|
|
|
Average List Price of all Current Listings |
$ 371,823 |
0 % |
|
14 % |
|
|
|
|
January Median Sales Price |
$ 215,000 |
-3% |
0 % |
11 % |
2 % |
$ 215,000 |
11 % |
2 % |
January Average Sales Price |
$ 235,933 |
-2% |
0 % |
13 % |
3 % |
$ 235,933 |
13 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
1,795 |
1 % |
|
-11% |
|
|
|
|
January Number of Properties Sold |
384 -36% |
-8% |
384 |
-8% |
January Average Days on Market ( Solds ) |
58 |
7 % |
-2% -22% |
-9% |
58 |
-22% |
-9% |
Asking Price per Square Foot ( based on New Listings ) |
$ 134 |
1 % |
2 % |
7 % |
6 % |
$ 134 |
7 % |
6 % |
January Sold Price per Square Foot |
$ 119 |
-3% |
-1% |
10 % |
2 % |
$ 119 |
10 % |
3 % |
January Month ' s Supply of Inventory |
4.7 |
58 % |
26 % |
-3% |
36 % |
4.7 |
-3% |
36 % |
January Sale Price vs List Price Ratio |
95.6 % |
-. 4 % -. 1 % 1.5 % |
. 2 % |
95.6 % |
1 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales |
700 |
January Property sales were 384 , down 8.4 % from 419 in |
January of 2017 and 35.9 % lower than the 599 sales last month . |
600 |
|
Property
January 2018 Sales sales were at their lowest level compared to
|
700 |
January Property of 2017 sales and 2016 were . 384 January , down YTD 8.4 % sales from of 419 384 in are |
|
500 |
|
January running of 8.4 2017 % behind and 35.9 last % lower year ' s than year-to-date the 599 sales sales last of month 419 . .
January 2018 sales were at their lowest level compared to
|
600 |
400 |
January of 2017 and 2016 . January YTD sales of 384 are |
500 |
|
running 8.4 % behind last year ' s year-to-date sales of 419 . |
|
300 |
|
400 |
|
|
|
200 |
|
300 |
|
|
200 |
100 |
Lake County
Agent Name
Title Phone Website Other
Community Information | School District
Number of Properties Sold
0
100 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 J
0 15 16
17 18
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 J Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in January was $ 215,000 , up 10.8 %
250
Prices from $ 194,000 in January of 2017 and down 3.1 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 221,990 Median last Sales month Price . in The January Average was Sales $ 215,000 Price , up in January 10.8 % was
240
250 from $ 235,933 $ 194,000 , up in 13.0 January % from of $ 2017 208,738 and in down January 3.1 % from of 2017 and 230 $ 221,990 last month . The Average Sales Price in January was
240
down 2.2 % from $ 241,327 last month . January 2018 ASP was at 220 $ 235,933 , up 13.0 % from $ 208,738 in January of 2017 and 230 the highest level compared to January of 2017 and 2016 . 210 down 2.2 % from $ 241,327 last month . January 2018 ASP was at 220
200 the highest level compared to January of 2017 and 2016 . 210
190 200
180 190
170 180
160
170 160
150
150 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 J
F M
15 A M J J A S O N D J F M
16 A M J J A S O N D J F M
17 A M J J A S O N D J
18
15 16
17 18
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The January Total Inventory was 1,795 of , up Properties 1.4 % from available 1,771 last for month sale as of and down 3,000
7.0
January 11.4 % from was 1,795 2,027 , up in 1.4 January % from of 1,771 last last year month . January and down 2018 3,000 7.0
2,500 6.0
11.4 Inventory % from 2,027 was at in its January lowest of level last compared year . January with 2018 January of 2017 2,500 6.0
5.0 Inventory and 2016 was . at its lowest level compared with January of 2017 2,000
5.0 and 2016 .
2,000 4.0
1,500 4.0
1,500 3.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 3.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
2.0 higher MSI is better for buyers . The January 2018 MSI of 4.7
2.0 higher months MSI was is better at its lowest for buyers level . The compared January with 2018 January MSI of 4.7 500 of 2017
1.0 500 months was at its lowest level compared with January of 2017 1.0 and 2016 . 0
0.0 and 2016 .
0
0.0 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 J
M A J F M A M J
F M A M J 15
16 17
18
467 577 585 571 582 616 546 556 504 380 517 384 440 529 552 604 625 574 617 549 471 458 531 419 430 652 612 650 652 626 624 479 546 524 599 384
2,620 2,545 2,494 2,449 2,383 2,347 2,294 2,333 2,347
F
15
467 577 585 571 582 616 546 556 504
2,620 2,545 2,494 2,449 2,383 2,347 2,294 2,333 2,347
380
J A S O N D J 16
517
Number of Properties Sold
384 440 529 552 604 625
2,379 2,293 2,320 2,307 2,283 2,177 2,072 2,075
2,379 2,293 2,320 2,307 2,283 2,177 2,072 2,075 1,955 2,038 2,109
574 617 549 471
2,147 2,124 2,047 2,027 1,965 1,891 1,876 1,909 1,964 1,944 1,953 1,916 1,843 1,816 1,771 1,795
J A S O N D J
17
458 531
1,955 2,038 2,109 2,147 2,124 2,047 2,027 419 430 652 612 650 652 626
3 Mo Avg
624
J A S O N D J
18
479 546
1,965 1,891 1,876 1,909 1,964 1,944 1,953 1,916 1,843 1,816
3 Mo Avg
524 599
1,771 1,795
384
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
160 | c o l d w e l l b a n k e r h o m e s . c o m
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 Asso 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 .