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