FL ARCHIVED July 2017 | Page 52

Market Action Report
Lakewood Ranch
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Other
Title
July 2017
Community Information | School District
City: Lakewood Ranch
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$495,798
-1%
3%
Other
$644,301 Trending
-5% versus*: 0%
Month
LM 0%
L3M -2%
PYM -4%
LY
$355,000
$495,798
-1% 5% -1%
3% -13%
$412,802
$644,301 360
-5% -4%
0% 15%
$355,000 0%
-2%
-4%
-7%
57 -7%
-15%
$412,802 5%
-1%
-13%
-12%
95 4% -5% 10%
360 -4%
15%
$196 3% -2% -2%
57 -7%
-15%
$174 4% -2% -5%
95 4% -5% 10% 17%
6.3 3% 7% 36%
$196 3% -2% -2% -3%
94.3% 1.8% 1.4% 2.4%
Average List Price of all Current Listings
Market
Profile
& Trends
July Median
Sales
Price Overview
Median
List Price
of all
Current Listings
July Average
Sales
Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
July
Sales
Price
July Median
Number
of Properties
Sold
July Average Sales Price
July Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
July Number of Properties Sold
July Sold Price per Square Foot
July Average Days on Market (Solds)
July Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
July Sale Price vs List Price Ratio
July Sold Price per Square Foot
Trending versus*:
Prior YTD -4%
Prior Year -1%
-7% YTD
$377,125
-12%
$458,968
-5%
-2%
$377,125
$458,968
17%
-0% -1%
34% -2%
-1%
-2%
27%
28%
-1%
-1%
27%
-1%
-1%
26%
-1%
$174 4% -2% -5% -5%
$183
-2%
-1%
6.3 3% 7% 36% -5%
8.4
28%
26%
of 92.9%
Properties
94.3% 1.8% 1.4% 2.4% Number
.3%
-1% Sold -1%
July Month's Supply of Inventory
July Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
3 Mo Avg
80
July Property sales were 57, down 14.9% from 67 in July of 2016
and 6.6% lower than the 61 sales last month. July 2017 sales
Property
Sales
were at their
lowest level compared to July of 2016 and 2015. 80
July
sales
57, running
down 14.9%
from
67 in last
July year's
of 2016
July Property
YTD sales
of were
365 are
0.3%
behind
year-
70
and
6.6% sales
lower of than
the 61 sales last month. July 2017 sales
to-date
366.
Number of Properties Sold
70
3 Mo Avg
60
50
60
40
50
30
40
20
30
Prices
The Median Sales Price in July was $355,000, down 4.1% from
Prices
$369,995 in July of 2016 and equal to $355,000 last month.
The
Sales
Price
in July
was was
$355,000,
down
4.1% 12.5%
from from
The Median
Average
Sales
Price
in July
$412,802,
down
700
$369,995
of of
2016
and
equal
to $355,000
last month.
$471,928 in in July
July
2016
and
up 4.8%
from $393,751
last
650
The
Average
Sales
Price
July at was
down
12.5% from
month.
July
2017
ASP in was
the $412,802,
lowest level
compared
to July
600
$471,928
in July
of 2016 and up 4.8% from $393,751 last
of 2016 and
2015.
550
500
450
14
700
650
42
15
16
49
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
A S O N D J F M A M Median
J J A S Sales
O N D Price
J F M and
A M Average
J J A S Sales
O N D Price
J F M A M J J
0
0
10
10
20
month. July 2017 ASP was at the lowest level compared to July
of 2016 and 2015.
-4%
365
-5%
103
$201
365
-0%
$183
103
34%
8.4
$201
-1%
92.9%
-3%
-5%
-5%
.3%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
were at their lowest level compared to July of 2016 and 2015.
July YTD sales of 365 are running 0.3% behind last year's year-
to-date sales of 366.
Trending versus*:
Prior YTD Prior Year
YTD
City: Lakewood Ranch
July 2017
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
600
550
500
450
400
400 350
350 300
300 250
Inventory & MSI
level compared with July of 2016 and 2015.
300
300
200
A comparatively lower MSI is more beneficial for sellers while 200
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
July 2017
MSI of
6.3 a
100
higher
MSI
is better
for buyers.
July 2017
MSI July
of 6.3
months
was
at its highest
level The
compared
with
of 2016 and 100
months
0
2015. was at its highest level compared with July of 2016 and
0
2015.
52 | c
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
14.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of July
500
was Total
360, Inventory
down 4.0%
from 375 last
month
The
of Properties
available
for and
sale up
as 15.4%
of July from
312 360,
in July
of 4.0%
last year.
2017
Inventory
at its
highest 500
was
down
from July
375 last
month
and up was
15.4%
from
400
312
in July
of last with
year. July
July of
2017
Inventory
was at its highest
level
compared
2016
and 2015.
400
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
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
A S 14
O N D J F M
14
15
16
17
14.0 12.0
12.0 10.0
250
10.0
8.0
6.0
4.0
2.0
0.0
8.0
6.0
4.0
2.0
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
.
Copyright
© Coldwell
Banker Residential
Real Estate
/ Coldwell Banker
United, Realtors
| Price Range: All | Property Types: SFH - Con
Copyright
© Coldwell
Banker
Real
Coldwell
United,
o
l d Residential
well
b Estate
a n / k
e r Banker
hom
e s Realtors
c o | Price
m Range: All | Property Types: SFH - Con
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR