FL ARCHIVED July 2017 | Page 37

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

County : Polk

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
$ 223,525
3 %
15 %
Average List Price of all Current Listings
$ 267,073
4 %
14 %
July Median Sales Price
$ 175,000
-3%
0 %
9 %
9 %
$ 170,000
10 %
6 %
July Average Sales Price
$ 183,161
-4%
-1%
6 %
8 %
$ 180,133
9 %
7 %
Total Properties Currently for Sale ( Inventory )
2,954
-6%
-13%
July Number of Properties Sold
931 -15%
5 %
6,383
9 %
July Average Days on Market ( Solds )
67
-6%
-6%
-8%
-13%
72
-12%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 110
2 %
1 %
11 %
10 %
$ 107
9 %
7 %
July Sold Price per Square Foot
$ 100
-1%
0 %
9 %
10 %
$ 98
10 %
8 %
July Month ' s Supply of Inventory
3.2
11 %
6 %
-17% -25%
3.6
-16%
-14%
July Sale Price vs List Price Ratio
95.1 %
-. 3 % -. 3 % -. 8 %
. 5 %
95.1 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200 July Property sales were 931 , up 4.8 % from 888 in July of 2016 and 15.2 % lower than the 1,098 sales last month . July 2017 Property Sales
1,000 sales were at their highest level compared to July of 2016 and 1,200 July Property sales were 931 , up 4.8 % from 888 in July of 2016 2015 . July YTD sales of 6,383 are running 9.5 % ahead of last and 15.2 % lower than the 1,098 sales last month . July 2017
800 year ' s year-to-date sales of 5,830 .
1,000 sales were at their highest level compared to July of 2016 and 2015 . July YTD sales of 6,383 are running 9.5 % ahead of last
800 600 year ' s year-to-date sales of 5,830 .

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

600
400
200
0
400
200
Number of Properties Sold
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
14
15
16
17
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
15
Median Sales Price
16 and Average Sales Price
17
J
Median Sales Price and Average Sales Price
721 645 739 578 708 539 603 777 846 829 953 880 826 811 793 651 840 588 729 855 903 894 973 888 973 865 837 811 873 699 728 984 881 1,062 1,098 931
A
14
721 645 739 578 708 539 603 777 846 829 953
4,152 4,216 4,248 4,199 4,067 4,143 4,201 4,113 4,113 4,053 3,995 3,877 3,795 3,834 3,777 3,735 3,578 3,704
Number of Properties Sold
Prices
The Median Sales Price in July was $ 175,000 , up 9.4 % from
Prices
$ 160,000 in July of 2016 and down 2.8 % from $ 179,995 last
The month Median . The Sales Average Price Sales in July Price was $ in 175,000 July was , up $ 9.4 183,161 % from , up 5.7 %
200
$ from 160,000 $ 173,228 in July in of July 2016 of and 2016 down and 2.8 down % from 3.8 $ % 179,995 from $ last 190,300 month . The Average Sales Price in July was $ 183,161 , up 5.7 %
190 last month . July 2017 ASP was at the highest level compared to from $ 173,228 in July of 2016 and down 3.8 % from $ 190,300
180
July of 2016 and 2015 . last month . July 2017 ASP was at the highest level compared to
170
July of 2016 and 2015 .
160
150
200
190
180
170
160
150
140
3 Mo Avg
3 Mo Avg
140
130
130
120
120
110
110
100
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
A
S
14 O N D
J
F
M15 A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M A17M 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 2,954 Inventory , down 6.0 of % Properties from 3,144 available last month for sale and as down of July 12.6 %
4,500 was 2,954 , down 6.0 % from 3,144 last month and down 12.6 %
4,500
9.0 from 3,380 in July of last year . July 2017 Inventory was at its
4,000 from 3,380 in July of last year . July 2017 Inventory was at its
4,000
8.0 lowest level compared with July of 2016 and 2015 .
3,500 lowest level compared with July of 2016 and 2015 .
3,5003,000
7.0
3,000
2,500
6.0
2,500
5.0
2,000
2,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0 higher MSI is better for buyers . The July 2017 MSI of 3.2
1,000 higher MSI is better for buyers . The July 2017 MSI of 3.2
1,000
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
500
1.0
2015
2015 .
.
0
0
0.0
A S AO
NS
DO NJ FD MJ
AF M JA JMA J S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ NA DS JO FNM DA
JMF J
MJ A M J
14
14
15
15
16
16
17
17
J
4,152 4,216 4,248 4,199 4,067 4,143 4,201 4,113 4,113
880 826 811 793 651 840 588 729 855 903
4,053 3,995 3,877 3,795 3,834 3,777 3,735 3,578 3,704 3,650 3,571 3,493 3,400 894 973 888 973 865 837 811 873
3,650 3,571 3,493 3,400 3,349 3,380 3,475
3,557 3,349
3,499 3,380 3,541 3,440 3,416 3,350 3,254 3,200 3,164 3,144
3 Mo Avg
699 728
2,954 984 881
3,475 3,557 3,499 3,541 3,440 3,416 3,350 3,254 3,200 3,164
3 Mo Avg
1,062 1,098
3,144 2,954
931
J
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 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 .
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