FL ARCHIVED September 2017 | Page 160

Market Action Report
County: Lake
Lake County
Agent Name
Title
Phone
Agent
Name
Website
Title Other
September 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$264,900
Other
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM LY
0%
7%
$370,208 Trending
3% versus*:
14%
Month
LM 1%
L3M 0%
PYM 8%
LY
$210,000
$264,900
0% -1% -3%
7% 7%
$226,918
$370,208 1,786
3% -6% 14% -15%
$210,000 475
1% -24%
0% 8% -13%
11%
$226,918 -1%
-3%
7%
9%
63 5% 7% -7%
1,786 $133
-6% 3% -15%
4% 14%
475 -24%
-13%
$118 1% 1% 10%
63 5% 7% -7% -15%
3.8 24% 15% -1%
$133 3% 4% 14% 14%
95.5% -.5% -.4% .1%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
September
Median
Sales Price
Median
List Price
of all Sales
Current
Listings
September
Average
Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
September
Sales
Price
September Median
Number
of Properties
Sold
September
Sales
Price
September Average
Average
Days
on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
September Number of Properties Sold
September Sold Price per Square Foot
September Average Days on Market (Solds)
September Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
September Sale Price vs List Price Ratio
September Sold Price per Square Foot
September Month's Supply of Inventory
September 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
700
September Property sales were 475, down 13.5% from 549 in
September of 2016 and 23.9% lower than the 624 sales last
600
Property
Sales 2017 sales were at their lowest level
month. September
700
500
September
sales were
475, and
down
13.5% September
from 549 in
compared Property
to September
of 2016
2015.
YTD
September
of 2016
23.9%
lower
than of
the last
624 year's
sales year-to-date
last
600
sales of 5,134
are and
running
5.3%
ahead
400
month.
2017 sales were at their lowest level
sales of September
4,875.
down 1.1% from $229,465 last month. September 2017 ASP was 220
210
at the highest level compared to September of 2016 and 2015.
200
190
180
170
160
150
517
604
250
240
230
220
210
200
190
180
170
160
150
Median Sales Price and Average Sales Price
3 Mo Avg
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 J A S
14
15
16
17
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 J A S
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
1,500
A comparatively lower MSI is more beneficial for sellers while a 1,000
1,000
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
MSI is better
September
2017 while
MSI a of 3.8
500
higher
MSI
is better
for buyers.
September
MSI of 3.8
months
was
at its lowest
level The
compared
with 2017
September
of 2016 500
months
was
at
its
lowest
level
compared
with
September
of
2016
0
and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
3,000
September
was 1,786,
down 5.6%
from 1,892
last
and
The
Total Inventory
of Properties
available
for sale
as month
of
3,000
down 14.6%
2,092
September
of last
September
was from
1,786,
down in 5.6%
from 1,892
last year.
month September
and
2,500
2017 14.6%
Inventory
at in
its September
lowest level
with September
down
from was
2,092
of compared
last year. September
2,500
2,000
2017
Inventory
was at its lowest level compared with September
of 2016
and 2015.
2,000
of 2016 and 2015.
1,500
and 2015.
3 Mo Avg
O N D J F M A M J Median
J A S O N Sales
D J F Price
M A M
J J Average
A S O N Sales
D J F Price
M A M J J A S
and
3 Mo Avg
14
15
16
17
Prices
The Median Sales Price in September was $210,000, up 7.7%
from $195,000 in September of 2016 and up 1.4% from
Prices
The
Median last
Sales
Price in The
September
$210,000,
7.7%
$207,000
month.
Average was
Sales
Price in up
September
250
from
September
of $212,419
2016 and in
up September
1.4% from of 2016 and
was $195,000
$226,918, in up
6.8% from
240
$207,000
last from
month.
The Average
Sales Price
in September
down 1.1%
$229,465
last month.
September
2017 ASP was
was
$226,918,
6.8%
from $212,419
in September
of 2016
and 230
at the
highest up
level
compared
to September
of 2016
and 2015.
3 Mo Avg
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 J A S
14
15
16
17
0
0
100
100
200
-9%
8%
9%
-17%
1%
200
300
5% 9%
-11% 9%
14%
$126
9%
5,134
5%
12%
$114
10%
67 -11%
-9%
-9%
3.4 -15%
$126
9%
8%
1.0%
95.3%
1%
300
400
$208,000 5,134
11%
$226,934
9%
-15%
67
Number of Properties Sold
500
Trending versus*:
Prior YTD 11%
Prior Year 9%
11% YTD
$208,000
9%
$226,934
9%
9%
$118 1% 1% 10% 12%
$114
10%
9%
3.8 24% 15% -1% -9%
3.4 -15%
-17%
Number of 95.3%
Properties
95.5% -.5% -.4% .1% 1.0%
1% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
compared to September of 2016 and 2015. September YTD
sales of 5,134 are running 5.3% ahead of last year's year-to-date
sales of 4,875.
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
County: Lake
September 2017
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
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 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 J A S
14
15
16
17
14
15
16
17
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of County,
Martin County,
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Assoc
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REALTO
160 | c o l d w e l l b a n k e r h o m e s . c o m
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.