FL ARCHIVED June 2017 - Page 39

Lakeland Community Information | School District 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 $239,900 9% 23% Average List Price of all Current Listings $288,873 6% 18% June Median Sales Price $180,000 3% 3% 10% 12% $171,000 10% 6% June Average Sales Price $199,507 7% 5% 11% 13% $187,624 10% 6% Total Properties Currently for Sale (Inventory) 766 -7% -17% June Number of Properties Sold 356 9% 16% 1,724 7% June Average Days on Market (Solds) 57 2% -5% -15% -12% 61 -14% -6% Asking Price per Square Foot (based on New Listings) $112 1% 2% 9% 10% $108 9% 6% June Sold Price per Square Foot $103 2% 2% 9% 10% $100 10% 6% June Month's Supply of Inventory 2.2 -14% -16% -29% -36% 3.0 -16% -11% June Sale Price vs List Price Ratio 95.5% -.8% -.1% -.5% .3% 95.5% 1% 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales June Property sales were 356, up 16.3% from 306 in June of 2016 and 8.9% higher than the 327 sales last month. June 2017 sales were at their highest level compared to June of 2016 and 2015. June YTD sales of 1,724 are running 6.7% ahead of last year's year-to-date sales of 1,616. Prices The Median Sales Price in June was $180,000, up 9.9% from $163,750 in June of 2016 and up 2.9% from $175,000 last month. The Average Sales Price in June was $199,507, up 11.3% from $179,227 in June of 2016 and up 7.0% from $186,432 last month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. 400 350 300 250 200 150 100 50 0 200 190 180 170 160 150 140 130 120 110 100 Number of Properties Sold 3 Mo Avg 231 231 220 261 190 252 182 205 281 283 297 313 301 277 253 255 208 261 221 225 307 277 280 306 300 302 301 280 283 293 230 238 297 276 327 356 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 14 15 16 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 14 15 16 17 Inventory & MSI The Total Inventory of Properties available for sale as of June was 766, down 6.6% from 820 last month and down 16.8% from 921 in June of last year. June 2017 Inventory was at its lowest level compared with June of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2017 MSI of 2.2 months was at its lowest level compared with June of 2016 and 2015. 1,400 1,200 1,000 800 600 400 200 0 Total Inventory & Month's Supply of Inventory (MSI) 1,188 1,220 1,222 1,190 1,168 1,120 1,130 1,142 1,100 1,116 1,068 1,074 1,049 1,004 1,023 1,036 1,025 957 982 955 937 925 921 921 955 983 973 920 911 872 857 865 881 841 820 766 J A S O N D J F M A M J 14 15 J A S O N D J F M A M J 16 J A S O N D J F M A M J 17 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 c o l d w e l l b a n k e r h o m e s.c o m | 39 Market Action Report City: Lakeland Lakeland Agent Name June 2017 Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Website Month Other $239,900 Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 9% 23% $288,873 Trending 6% versus*: 18% Month LM 3% L3M 3% PYM 10% LY $180,000 $239,900 9% 7% 5% 23% 11% $199,507 $288,873 6% 18% 766 -7% -17% $180,000 3% 3% 10% 12% 356 9% 16% $199,507 7% 5% 11% 13% 57 2% -5% -15% 766 -7% -17% $112 1% 2% 9% 356 9% 16% $103 2% 2% 9% 57 2% -5% -15% -12% 2.2 -14% -16% -29% $112 1% 2% 9% 10% $103 95.5% 2% -.8% 2% -.1% 9% -.5% 10% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Current Listings June Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) June Median Sales Price June Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Inventory Asking Price per Supply Square of Foot (based on New Listings) June Sold Sale Price Price per vs Square List Price June Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Month's Supply of Inventory June Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 14 200 190 180 170 160 150 140 130 120 110 100 255 307 3 Mo Avg 3 Mo Avg Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 7.0 800 6.0 5.0 800 Median Sales Price and Average Sales Price J A S O N D J F M A M J J A S O N D J F M A M J (L<8(44()%ٕѽ䀘5M$(İ)5ḾAɥ(؁ٕɅḾAɥ(((ԁ4((L<8(4)()L<8(4)4((L<8(4܁4((((()%ٕѽ(5M$Aɽѥ́مȁ́ͅ)չ)QQх%ٕѽ)Q)Aɽѥ)م)ȁ)ͅݸ)́ظ))չɽİ)݅́Qх(ذ%ٕѽ)ݸظؔ)ɽ)Ѡ(İ)݅)ݸظؔ))Ѡ)ݸ(Āذ))չ)Ёɽ)啅ȸ))չ()%ٕѽ)݅̀ظ)Ё́ɽ)ݕ(İ())չ)ЁݥѠ)啅ȸ)չ))չ)%ٕѽ)݅́Ё́ݕ(İ)ٕ)ɕ()Ը(İ)ٕɕݥѠ)չ؁Ը)Aɥ((((((((́5ٜ)(L<8(44((L<8(44((L<8(44((((()(L<8(44((L<8(44((L<8(44(()Ѡ)չ܁M@݅́ЁѡЁٕɕѼ))չ؁Ը(((()Q5ḾAɥ)չ݅̀䔁ɽ)Aɥ(̰)չ؁ȸ䔁ɽ԰)Q)5)M)AɥM))չ)݅́((䔁ɽ)Ѡ)Q)ٕɅ)Aɥ))չ݅́(ܰ)ĸ̔((̰))չ))չ(؁))ȸ)ɽ(԰))ɽ()(ܸ)ɽذ)Ѐ)Ѡ)Q)ٕɅ)M)Aɥ)))չ)݅(ܰ)(ĸ̔)Ѡ)չ܁M@݅́ЁѡЁٕɕѼ)ɽ܁)չ؁ܸɽذȁ))չ؁Ը((́5ٜ(((ؔ(ؔ(ؔ(Ĕ((((ؔ(ܔ(ؔ(Ȕ(ĀД(İЀ((ܔ((((ĀД(ؔ(ؔ(̸(䔀ؔؔ(̔ԸԔ(Ĕؔ(((İ((İ(ܰ()9յȁAɽѥ́M()Qɕ̨ٕ)AɥȁeQ)AɥȁeȀؔ(ȔeQ(İ(̔(ܰ((ؔ(ȸȀДؔ䔀ؔ(̸ؔ(Ĕ)ԸԔ)Aɽѥ(ԸԔĔԔ9յ(̔(ĔM())չAɽ́ͅݕɔذظ̔ɽ؁)չ(؁䔁ȁѡѡ܁́ͅЁѠ)չ܀)Aɽ)́ͅݕɔM)ЁѡȁЁٕɕѼ)չ؁())չAɽ́ͅݕɔذظ̔ɽ؁)չ(Ը)չeQ́ͅİЁɔչظܔ(؁䔁ȁѡѡ܁́ͅЁѠ)չ܀)啅ȝ́啅ȵѼє́ͅİظ()́ͅݕɔЁѡȁЁٕɕѼ)չ؁(Ը)չeQ́ͅİЁɔչظܔ)啅ȝ́啅ȵѼє́ͅİظ)Qɕ̨ٕ)AɥȁeQAɥȁe)eQ)5ɭЁѥI) 1))չ((и((̸)Ʌѥٕ䁱ݕȁ5M$́ɔȁ͕́ݡ()Ʌѥٕ䁱ݕȁ5M$́ɔȁ͕́ݡ((ȸ)ȁ5M$́ѕȁȁ̸Q)չ܁5M$ȸ)ȁ5M$́ѕȁȁ̸Q)չ܁5M$ȸ)ѡ́݅́Ё́ݕЁٕɕݥѠ)չ؁(ĸ)ѡ́݅́Ё́ݕЁٕɕݥѠ)չ؁((Ը(((Ը)8L<(84(44((4(L(<8L<(8)(4)4)4L(<(8L(<84(4(44()(L(<)4)()((((((((() ɥ+ ݕ) )Iͥѥ)хє( ݕ) )Uѕ)Iѽ)AɥI)Aɽ)Q)M ) ɥ+ ݕ) )Iͥѥ)II)хє( ݕ) )Uѕ)Iѽ)AɥI)Aɽ)QM ( )܁ȁ̀)(ܸ(ظ(Ը(и(̸(ȸ(ĸ()ф)ɽ٥)ѕ)ɕѕ)1Ցɑ)I1Q=IL)I1Q=H)ͽѥ)5ѥ)5ͽѥ)I1Q=IL)ɥ51L)I)51L) ɐI1Q=IL)I1Q=ILͽѥ)ѡA) ̰)M )ͼ)ф)́)ɽ٥)ѕ)ɕѕ)Ё)1Ցɑ)I1Q=IL)I1Q=H)ͽѥ)5ѥ) չ䰁 չ)5ͽѥ)I1Q=IL)5ɥ5)I)9)ɕ9) ɐɕ)I1Q=IL)I1Q=ILͽѥ)ѡA ̰)M) Ёͽѥ)I0))Ё)݅Ʌ)ȁՅɅѕ)ѡѡ)Ʌ)ѡ)%Ё́ѡ)䁽))͕ȁȁѼ͕)ٕɥѼ))ɵѥ)ɕمЁѼɕم)Սյˊe)ɕхєɕ)Ʌͅѥ))݅Ʌ)ȁՅɅѕ)Ʌ)ɵѥ)ѡ́ɵѥ)%Ё́ɕͥ)ѡɕͥ)䁽ȁ)ٕɥ)ɵѥ)ѼՍյˊe)хєɅͅѥ