Community Information | School District
Market Action Report March 2018
City : Lakeland Price Range : All | Properties : SFH - Con
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for March was 62 , up 12.7 % from 55 days last month and equal to 62 days in March of last year . The March 2018 DOM was at its lowest level compared with March of 2017 and 2016 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The March 2018 Selling Price per Square Foot of $ 111 was up 5.0 % from $ 106 last month and up 11.1 % from 100 in March of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The March 2018 Selling Price vs Original List Price of 95.8 % was up from 95.6 % last month and up from 95.3 % in March of last year .
Lakeland
Agent Name
Title Phone Website Other
Community Information | School District
Days On Market for Sold Properties
90 |
81 |
80 |
|
|
70 |
62 |
62 |
60 |
|
|
50 |
|
|
40 |
|
|
30 |
|
|
20 |
|
|
10 |
|
|
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 |
|
Selling Price per Square Foot |
3 Mo Avg |
150 140 130 120 110 100 90 80 70 60 50
97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 %
600 400 200
92
|
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 |
|
1,117 1,069 1,075 1,050 1,006 1,027 1,040 1,029
100
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
89 % |
|
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 |
|
Inventory / New Listings / Sales |
Inventory / New Listings / Sales |
|
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales . The graph
|
1,200 |
shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings |
1,000 |
|
in March 2018 was 374 , up 10.3 % from 339 last month and down
14.6 % from 438 in March of last year .
|
800 |
963 988 960
93.8 %
942 930
95.3 %
3 Mo Avg
3 Mo Avg
926 926 960 986 976 923 914 874 860 871 893 857 850 845 849 856 835 791 757 718 740 719
111
95.8 %
637
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 |
|
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 Association of REALTORS 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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