FL ARCHIVED May 2018 | Page 38

Market Action Report
May 2018
County: Polk COUNTY
POLK
Agent Name
Title
Phone
Website
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
450
400
$1,743,769
Month
$0
$1,425,000
$0
$1,743,769
13
$0 0
May
$0 0
May Average
Average Sales
Days Price
on Market (Solds)
Total
Properties
Currently
for
Sale
(Inventory)
13
Asking Price per Square Foot (based on New Listings)
$266
May
Number
of
Properties
Sold
May Sold Price per Square Foot
$0 0
May
Average
Days
on
Market
(Solds)
0
May Month's Supply of Inventory
0.0
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$266
May Sale Price vs List Price Ratio
0.0%
May
Sold
Price
per 3 Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
$0
* LM=Last
Month
/ L3M=Last
Months / PYM=Same
May Month's Supply of Inventory
0.0
May
Sale Price
vs List Price Ratio
0.0%
Property
Sales
Average List Price of all Current Listings
Market
Profile
& Price
Trends Overview
May Med ian
Sales
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May
Median Sales Price
May Number of Properties Sold
350
300
250
200
150
50
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
Selling Price per Square Foot
Selling Price per Square Foot
3 Mo Avg
350
3
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
May Property sales were 0, up from 0 in May of 2017 and
higher than the 0 sales last month. May 2018 sales were at their
2
highest level compared to May of 2017 and 2016. May YTD
Property
Sales
3
sales of 0 are
running 100.0% behind last year's year-to-date
May
sales were 0, up from 0 in May of 2017 and
sales Property
of 3.
2
higher than the 0 sales last month. May 2018 sales were at their
2
highest level compared to May of 2017 and 2016. May YTD
1
sales of 0 are running 100.0% behind last year's year-to-date
sales of 3.
2
300
250
200
150
100
Trending versus*:
-3% Trending versus*:
2%
LM -100%
L3M PYM -100%
LY
YTD
Prior
YTD Prior
Year
$1,250,000
19%
19%
0% 0% 14% -100%
$0 -100%
-100%
-3%
2%
18%
18%
-100%
-100% $1,250,000 0 -100%
19%
19%
0%
-100%
$0
-100%
-100%
0%
-100%
0 -100%
-100%
18% -38% -13%
18% -43%
-61%
$416
1%
-10%
-100%
0%
-100%
$0 0 -100%
-100%
0 -100%
-100%
-100%
0% 0%
0% 0% -100%
-100%
0.0
-100%
-61% -38%
-13%
-43%
$416
1%
-10%
.0%
-100.0%
0.0% -100%
-100%
0%
-100%
$0 -100%
-100%
0% 0% 0%
-100% of Properties
0.0 Sold
-100%
-100%
Number
.0%
-100.0%
0.0% -100%
-100%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
120%
100%
80%
60%
40%
20%
Median Sales Price and Average Sales Price
3 Mo Avg
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
1,300
15
16
17
18
-1
1,250
Median Sales Price and Average Sales Price
3 Mo Avg
1,200
1,300
1,150
1,250
1,100
1,200
1,050
1,150
1,000
1,100
1,000
4.0
8.0
2.0
6.0
0.0
4.0
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
8.0
6.0
10.0
Total Inventory & Month's Supply of Inventory (MSI)
16
14
12
10
16
8
14
6
12
4
10
2
8
0
6
4
2
0
Total Inventory & Month's Supply of Inventory (MSI)
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
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
The Total Inventory of Properties available for sale as of May
was 13, up 18.2% from 11 last month and up 18.2% from 11 in
May of last year. May 2018 Inventory was at its highest level
Inventory
& MSI
compared with
May of 2017 and 2016.
The Total Inventory of Properties available for sale as of May
was 13, up 18.2% from 11 last month and up 18.2% from 11 in
May of last year. May 2018 Inventory was at its highest level
A comparatively
lower
MSI and
is more
beneficial for sellers while a
compared
with May
of 2017
2016.
higher MSI is better for buyers. The May 2018 MSI of 0.0
months was at its highest level compared with May of 2017 and
2016.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The May 2018 MSI of 0.0
months was at its highest level compared with May of 2017 and
2016.
Inventory & MSI
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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
1,050
Inventory / New Listings / Sales
Inventory / New Listings / Sales
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
0%
0
Prices
The Median Sales Price in May was $0, up from $0 in May of
2017 and up from $0 last month. The Average Sales Price in
May was $0, up from $0 in May of 2017 and up from $0 last
Prices
month. May 2018 ASP was at the highest level compared to
The
Price in May was $0, up from $0 in May of
May Median
of 2017 Sales
and 2016.
2017 and up from $0 last month. The Average Sales Price in
May was $0, up from $0 in May of 2017 and up from $0 last
month. May 2018 ASP was at the highest level compared to
May of 2017 and 2016.
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
Avg Selling Price divided by Avg Listing Price for sold properties during the month
140%
1
-1
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
50
45
40
35
30
25
20
15
10
5
0
Trending versus*:
Prior YTD Prior Year
1
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
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, down 44.4% from 9 last month and down
37.5% from 8 in May of last year.
YTD
1
50
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 0.0% was up from 0.0% last month and up from 0.0% in
May of last year.
May 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other 0%
$1,425,000
14%
3 Mo Avg
100
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 $0 was up from
$0 last month and up from 0 in May of last year.
Agent Name
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 May was 0, up from 0 days last
month and up from 0 days in May of last year. The May 2018
DOM was at its lowest level compared with May of 2017 and
2016.
City: Lakeland
LAKELAND
Market Action Report
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
May 2018
City: Lakeland Information | School District
Community
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Action Report
2.0
0.0
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, 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 estate ac
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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.
15
16
17
18
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 REAL
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.
38 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury ® | 39
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 REA
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.