FL ARCHIVED March 2018 | Page 72

Market Action Report March 2018
Community Information | School District
Market Action Report March 2018

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
$ 229,996
3 %
12 %
Average List Price of all Current Listings
$ 285,375
5 %
17 %
March Median Sales Price
$ 190,000
2 %
2 %
15 %
9 %
$ 188,000
14 %
7 %
March Average Sales Price
$ 199,247
1 %
2 %
14 %
7 %
$ 197,326
14 %
6 %
Total Properties Currently for Sale ( Inventory )
2,519 -11%
-23%
March Number of Properties Sold
1,000
31 %
2 %
2,435
1 %
March Average Days on Market ( Solds )
73
7 %
3 %
-4%
3 %
72
-1%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 116
1 %
1 %
12 %
7 %
$ 116
12 %
7 %
March Sold Price per Square Foot
$ 108
3 %
2 %
11 %
6 %
$ 106
10 %
5 %
March Month ' s Supply of Inventory
2.5 -32% -29% -25% -31%
3.5
-17%
-3%
March Sale Price vs List Price Ratio
96.0 %
. 5 %
. 5 %
1.2 %
. 8 %
95.5 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1,200 March Property sales were 1,000 , up 1.6 % from 984 in March of 2017 and 30.5 % higher than the 766 sales last month . March Property Sales
1,000 2018 sales were at their highest level compared to March of 1,200 March Property sales were 1,000 , up 1.6 % from 984 in March of 2017 and 2016 . March YTD sales of 2,435 are running 0.9 % 2017 and 30.5 % higher than the 766 sales last month . March
800 ahead of last year ' s year-to-date sales of 2,413 .
1,000
2018 sales were at their highest level compared to March of 2017 and 2016 . March YTD sales of 2,435 are running 0.9 %
800 600 ahead of last year ' s year-to-date sales of 2,413 .

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

600
400
200
0
400
200
Number of Properties Sold
0
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
15
16
17
18
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
Median
16 Sales Price and
17 Average Sales Price
18
3 Mo Avg
Median Sales Price and Average Sales Price
846 829 953 881 826 811 794 651 840 588 729 856 903 894 974 888 973 865 838 812 873 701 728 984 881 1,063 1,099 934 1,026 704 837 881 886 669 766 1,000
A
15
846 829 953 881
Prices
The Median Sales Price in March was $ 190,000 , up 15.2 % from
Prices
$ 165,000 in March of 2017 and up 2.3 % from $ 185,750 last
The month Median . The Sales Average Price Sales in March Price was in $ March 190,000 was , up $ 199,247 15.2 % from , up
200
$
13.9 165,000 % from in March $ 174,993 of 2017 in March and up of 2.3 2017 % from and $ up 185,750 1.3 % from last month . The Average Sales Price in March was $ 199,247 , up
190
$ 196,625 last month . March 2018 ASP was at the highest level
13.9 % from $ 174,993 in March of 2017 and up 1.3 % from
180 compared to March of 2017 and 2016 .
$ 196,625 last month . March 2018 ASP was at the highest level
170 compared to March of 2017 and 2016 .
160
150
200
190
180
170
160
150
140
3 Mo Avg
140
130
130
120
120
110
110
100
100
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 M15J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F M
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of March
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 2,519 Inventory , down 11.2 of Properties % from 2,837 available last month for sale and as of down March 23.4 %
4,500
7.0 was 2,519 , down 11.2 % from 2,837 last month and down 23.4 %
4,500
7.0 from 3,290 in March of last year . March 2018 Inventory was at
4,000
6.0 from 3,290 in March of last year . 2018 Inventory was at
4,000 its lowest level compared with March of 2017 and 2016 .
3,500
6.0 its lowest level compared with March of 2017 and 2016 .
3,500
5.0
3,000
5.0
3,000
2,500
4.0
2,500
4.0
2,000
3.0
2,000
3.0
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
2.0 higher MSI is better for buyers . The March 2018 MSI of 2.5
1,000
2.0 higher MSI is better for buyers . The March 2018 MSI of 2.5
1,000 months was at its lowest level compared with March of 2017 and
500
1.0 months was at its lowest level compared with March of 2017 and
500
1.0
, Flagler County Association
2016
2016 .
. of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association
0
0 , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant 0.0real estate activity
0.0 . C
A
M AJ
MJ AJ
SJ OA NS DO JN FDMJ
AFMM J
AJ MA JS JO AN SD OJ
NF MD AJ
MF MJ
JA AM SJ
OJ NAD S J
OF NM
D J
F M
15
15
16
16
17
17
18
18
826 811 794 651
4,122 4,065 4,007 3,892 3,808 3,851 3,791 3,747 3,592 3,717 3,665
840
4,122 4,065 4,007 3,892 3,808 3,851 3,791 3,747 3,592
588 729
Number of Properties Sold
856 903 894 974 888 973 865 838 812 873 701 728
3,717 3,665 3,583 3,507 3,413 3,362 3,396 3,490 3,575 3,519 3,561 3,461 3,432 3,371 3,290
984
3,583 3,507 3,413 3,362 3,396 3,490 3,575 3,519 3,561 3,461 3,432 3,371 3,290 3,243 3,223 3,251 3,214 3,250 881 1,063 1,099 934 1,026
3 Mo Avg
704 837
3,221 3,048 2,976 2,855 2,952 2,837
2,519 881 886
3,243 3,223 3,251 3,214 3,250 3,221 3,048 2,976 2,855 2,952
3 Mo Avg
669 766
2,837 2,519
1,000
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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