Market Action Report July 2017
Community Information | School District
Market Action Report July 2017
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 |
$ 265,000 |
2 % |
|
7 % |
|
|
|
|
Average List Price of all Current Listings |
$ 369,865 |
3 % |
|
12 % |
|
|
|
|
July Median Sales Price |
$ 215,000 |
3 % |
2 % |
12 % |
13 % |
$ 208,000 |
13 % |
9 % |
July Average Sales Price |
$ 248,265 |
7 % |
7 % |
16 % |
19 % |
$ 226,489 |
10 % |
9 % |
Total Properties Currently for Sale ( Inventory ) |
1,820 |
-4% |
|
-6% |
|
|
|
|
July Number of Properties Sold |
623 |
-4% |
|
8 % |
|
4,033 |
9 % |
|
July Average Days on Market ( Solds ) |
56 |
-5% -11% -19% -24% |
68 |
-12% |
-8% |
Asking Price per Square Foot ( based on New Listings ) |
$ 132 |
7 % |
5 % |
8 % |
13 % |
$ 125 |
8 % |
7 % |
July Sold Price per Square Foot |
$ 117 |
1 % |
2 % |
9 % |
12 % |
$ 113 |
10 % |
8 % |
July Month ' s Supply of Inventory |
2.9 |
-0% |
0 % |
-14% -29% |
3.4 |
-19% |
-17% |
July Sale Price vs List Price Ratio |
96.1 % |
. 3 % |
. 6 % |
. 7 % |
1.6 % |
95.2 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
700 |
July Property sales were 623 , up 8.3 % from 575 in July of 2016 |
and 4.2 % lower than the 650 sales last month . July 2017 sales |
600 |
|
Property were at their Sales highest level compared to July of 2016 and 2015 .
700
|
|
July
July Property YTD sales sales of were 4,033623 are , up running 8.3 % from 8.7 % 575 ahead in July of last of 2016 year ' s
|
|
500 |
and year-to-date 4.2 % lower sales than of the 3,709 650 . sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 . |
600 |
400 |
July YTD sales of 4,033 are running 8.7 % ahead of last year ' s |
500 |
|
year-to-date sales of 3,709 . |
|
300 |
|
400 |
|
|
|
200 |
|
300 |
|
|
200 |
100 |
Lake County
Agent Name
Title Phone Website Other
Community Information | School District
491 456 466 427 540
Number of Properties Sold
0
100 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 M J J
0 14 15
16
17 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 M J J
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in July was $ 215,000 , up 12.0 % from
250
Prices $ 192,000 in July of 2016 and up 3.4 % from $ 208,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in July Price was $ in 215,000 July was , up $ 248,265 12.0 % from , up 15.7 %
240
250 $ from 192,000 $ 214,540 in July in of 2016 July of and 2016 up 3.4 and % up from 6.8 $ % 208,000 from $ 232,482 last last 230
. The Average Sales Price in July was $ 248,265 , up 15.7 %
240
month . July 2017 ASP was at the highest level compared to July 220 from $ 214,540 in July of 2016 and up 6.8 % from $ 232,482 last 230 of 2016 and 2015 .
210 month . July 2017 ASP was at the highest level compared to July 220 200 of 2016 and 2015 . 210
190 200
180 190
170 180
160
170 160
150
150 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 M J J
A S
14 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 A
17 M J J
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of July
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,820 Inventory , down 4.3 of % Properties from 1,902 available last month for sale and as down of July 6.4 % 3,000 was from 1,820 1,944 , down in July 4.3 % of from last year 1,902 . last July month 2017 Inventory and down 6.4 was % at its 3,000
9.0 2,500 from lowest 1,944 level in July compared of last with year . July of 2017 2016 Inventory and 2015 was . at its 8.0
2,500 lowest level compared with July of 2016 and 2015 .
2,000 7.0
2,000 6.0
1,500 5.0
1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
3.0 higher MSI is better for buyers . The July 2017 MSI of 2.9 higher MSI is better for buyers . The July 2017 MSI of 2.9
500
2.0 months was at its lowest level compared with July of 2016 and 500 months was at its lowest level compared with July of 2016 and
1.0 2015 .
0 2015 .
0
0.0 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 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 M J J 14 15
16 17
14 15 16
17
354 467 577 585 571
491 456 466 427 540 354 467 577 585 571 581 616 546 555 504 380 517 384 440 529 552 604 625 575 617 549 471 458 530 417 430 652 612 649 650 623
2,779 2,846 2,853 2,807 2,737 2,709 2,614 2,540 2,489
2,779 2,846 2,853 2,807 2,737 2,709 2,614 2,540 2,489 2,445 2,376 2,339
581
Number of Properties Sold
616 546 555 504 380 517 384 440 529 552 604
2,445 2,376 2,339 2,283 2,322 2,333 2,366 2,279 2,307 2,296 2,277 2,172 2,065 2,067
625
2,283 2,322 2,333 2,366 2,279 2,307 2,296 2,277 2,172 2,065 2,067 1,944 2,025 2,093 2,132 1,944 575 617 549 471 458 530 417
3 Mo Avg
430
2,113 2,037 2,015 1,952 1,871 1,850 1,870 1,902 1,820 652 612
2,025 2,093 2,132 2,113 2,037 2,015 1,952 1,871 1,850 1,870
3 Mo Avg
649 650
1,902 1,820
623
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
162 | 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 .