FL ARCHIVED January 2018 | Page 52

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

City : Lakewood Ranch

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
$ 485,000
1 %
1 %
Average List Price of all Current Listings
$ 665,929
1 %
4 %
January Median Sales Price
$ 435,000
9 %
12 %
18 %
13 %
$ 435,000
18 %
13 %
January Average Sales Price
$ 468,556
14 %
0 %
-26%
2 %
$ 468,556
-26%
2 %
Total Properties Currently for Sale ( Inventory )
373
6 %
-9%
January Number of Properties Sold
34 -37%
10 %
34
10 %
January Average Days on Market ( Solds )
96
-4%
2 %
10 %
-3%
96
10 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 209
2 %
1 %
4 %
4 %
$ 209
4 %
4 %
January Sold Price per Square Foot
$ 186
4 %
-1%
-9%
1 %
$ 186
-9%
1 %
January Month ' s Supply of Inventory
11.0
68 %
35 % -17%
47 %
11.0
-17%
47 %
January Sale Price vs List Price Ratio
93.8 %
-. 1 % -. 6 %
. 0 %
. 4 %
93.8 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

Lakewood Agent Name Ranch Title Phone Website Other

Community Information | School District

Property Sales
80
January Property sales were 34 , up 9.7 % from 31 in January of
2017 and 37.0 % lower than the 54 sales last month . January
70
Number of Properties Sold
3 Mo Avg
Property
2018 sales Sales were at a mid level compared to January of 2017 and
80
January
2016 . January Property YTD sales sales were of 34 34 , up are 9.7 running % from 31 9.7 in % January ahead of of last
2017 and 37.0 % lower than the 54 sales last month . January
70 year ' s year-to-date sales of 31 .
2018 sales were at a mid level compared to January of 2017 and
60
2016 . January YTD sales of 34 are running 9.7 % ahead of last
60
50
40
year ' s year-to-date sales of 31 .
50
30
40
20
30
10
20
0
10
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
Prices
15
The Median Sales Price in January was $ 435,000 , up 18.2 %
700
Prices from $ 368,000 in January of 2017 and up 9.4 % from $ 397,500
The last Median month Sales . The Price Average in January Sales Price was $ in 435,000 January , up was 18.2 $ 468,556 % ,
650
700 from down $ 368,000 26.2 % from in January $ 635,319 of 2017 in January and up of 9.42017 % from and $ up 397,500 13.8 %
600 last from month $ 411,587 . The Average last month Sales . January Price in 2018 January ASP was was $ 468,556 at a mid ,
650 down range 26.2 compared % from $ to 635,319 January in January of 2017 and of 2017 2016 and . up 13.8 %
550
600
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
from $ 411,587 last month . January 2018 ASP was at a mid range compared to January of 2017 and 2016 .
550
500
500
450
450
400
400
350
39 75 57 57 76 73 52 39 49 42 62 38 42 56 49 62 52 67 62 52 41 53 46 31 38 51 52 75 61 58 62 55 62 52 54 34
350
300
300
F
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
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
The
January Total Inventory was 373 , up of Properties 5.7 % from available 353 last for month sale and as of down 8.6 %
January from 408 was in 373 January , up 5.7 of % from last year 353 . last January month 2018 and down Inventory 8.6 % was
500 from at a 408 mid in level January compared of last with year January . of 2018 2017 Inventory and 2016 was .
400 at a mid level compared with January of 2017 and 2016 .
300
A comparatively lower MSI is more beneficial for sellers while
200 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 11.0 higher months MSI was is better at a mid for level buyers compared . The January with January 2018 MSI of of 2017 11.0 and
100 months
2016 . was at a mid level compared with January of 2017 and
2016 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
500
14.0
400
12.0
300
10.0
8.0
200
6.0
100
4.0
2.0
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
F
M A 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
15
16
17
18
15
16
17
18
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
240
39 75
258
239 240
211 258 57 57 76 73 52 39 49
210 239
211 211
213 210
212 211
234 213 244
212 230
234
42
296 318
244 62 38
Number of Properties Sold
42 56 49 62 52 67 62 52 41
230
344 296 355 318 353
344 343
312
355
303 353
303 343
342 312
303 365
303 368
342 408
365 422
368 438
405 408
394 422 381 438
378 405
361 394
333 381
333 378
356 361
353 333 373 333
53 46 31 38 51 52 75 61 58 62 55
356 62
353
3 Mo Avg
52
373 54 34
52 | 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 Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 .