Market Action Report May 2018
LAKEWOOD
City : Lakewood Ranch
RANCH
Title
Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Market Time
450 The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward
400
trend in DOM tends to indicate a move towards more of a 350 Buyer ' s market , a downward trend a move towards more of a
300
Seller ' s market . The DOM for May was 80 , down 40.7 % from 135 days last month and up 23.1 % from 65 days in May of last year . 250 The May 2018 DOM was at a mid level compared with May of
200
2017 and 2016 . 150 100 50 0
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 May 2018 Selling Price per Square Foot of $ 334 was up 3.8 % from $ 322 last month and down 8.9 % from 367 in May 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 May 2018 Selling Price vs Original List Price of 90.5 % was up from 88.7 % last month and down from 94.4 % in May of last year .
450 430 410 390 370 350 330 310 290 270 250
120 % 100 % 80 % 60 % 40 % 20 %
Agent Name
Phone Website Other Days On Market for Sold Properties
65 65
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 |
15 |
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
|
Selling Price per Square Foot |
3 Mo Avg |
391
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 |
15 |
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
|
367
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.4 % 94.4 %
3 Mo Avg
3 Mo Avg
80
334
90.5 %
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 shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in May 2018 was 5 , up 150.0 % from 2 last month and down 64.3 % from 14 in May of last year .
0 % 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 15
16 17
18
Inventory / New Listings / Sales
80 70 60 50 40 30 20 10 0 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 15
16 17
18
36 32 29 31 31 32 35
40 44 45 43 47 46 45 41 39
47
51 55 57
64 71 69 70
65
58 54 52 57 58 59 62 61 63
57
54
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | 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 REALT 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 .
TORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estat
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