FL ARCHIVED September 2017 | Page 37

Market Action Report September 2017
Community Information | School District
Market Action Report September 2017

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
$ 222,500
1 %
14 %
Average List Price of all Current Listings
$ 266,280
2 %
14 %
September Median Sales Price
$ 183,250
2 %
2 %
12 %
15 %
$ 173,000
10 %
8 %
September Average Sales Price
$ 194,820
3 %
3 %
15 %
15 %
$ 182,629
9 %
8 %
Total Properties Currently for Sale ( Inventory )
2,904
-6%
-18%
September Number of Properties Sold
698 -32%
-19%
8,108
6 %
September Average Days on Market ( Solds )
66
-8%
-4%
-4%
-14%
71
-10%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 111
3 %
2 %
8 %
11 %
$ 107
8 %
7 %
September Sold Price per Square Foot
$ 103
1 %
2 %
11 %
13 %
$ 99
10 %
9 %
September Month ' s Supply of Inventory
4.2
38 %
18 %
1 %
-1%
3.7
-14%
-13%
September Sale Price vs List Price Ratio
95.8 %
-. 2 %
. 3 %
. 9 %
1.2 %
95.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200 September Property sales were 698 , down 19.3 % from 865 in September of 2016 and 31.8 % lower than the 1,024 sales last Property Sales
1,000 month . September 2017 sales were at their lowest level 1,200 September Property sales were 698 , down 19.3 % from 865 in compared to September of 2016 and 2015 . September YTD September of 2016 and 31.8 % lower than the 1,024 sales last
800 sales of 8,108 are running 5.7 % ahead of last year ' s year-to-date 1,000 month . September 2017 sales were at their lowest level sales of 7,668 . compared to September of 2016 and 2015 . September YTD
800
600 sales of 8,108 are running 5.7 % ahead of last year ' s year-to-date sales of 7,668 .
600 400
Prices The Median Sales Price in September was $ 183,250 , up 11.7 %
Prices from $ 164,000 in September of 2016 and up 2.4 % from The $ 179,000 Median last Sales month Price . in The September Average was Sales $ 183,250 Price in , up September 11.7 %
200 from was $ 164,000 194,820 in , up September 14.6 % from of 2016 $ 170,027 and up in 2.4 September % from of 2016 190 $ and 179,000 up 2.6 last
% month from $
. 189,862 The Average last
Sales month Price . September in September 2017 ASP was $ 194,820 , up 14.6 % from $ 170,027 in September of 2016
180 was at the highest level compared to September of 2016 and and up 2.6 % from $ 189,862 last month . September 2017 ASP 170 2015 . was at the highest level compared to September of 2016 and 160 2015 .
150 140 130 120 110 100

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

400 200
200
0
Number of Properties Sold
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
14
15
16
17
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
15
Median Sales
16 Price and Average Sales
17 Price
J
A S
3 Mo Avg
Median Sales Price and Average Sales Price
739 578 708 539 603 777 846 829 953 880 826 811 793 651 840 588 729 855 903 894 973 888 973 865 837 811 873 699 728 984 881 1,062 1,098 934 1,024 698
O 14
200 190 180 170 160 150 140 130 120 110 100
739 578 708 539
O
N
14 D
J
F
15 M A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M A17M J
J
A S
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
September Total Inventory was 2,904 of Properties , down 5.9 available % from 3,085 for sale last of month and
4,500
September was 2,904 , down 5.9 % from 3,085 last month and
4,500
9.0 down 18.5 % from 3,562 in September of last year . September
4,000 down 18.5 % from 3,562 in September of last year . September
4,000
8.0
2017 Inventory was at its lowest level compared with September
3,500
2017 Inventory was at its lowest level compared with September
3,500
7.0 of 2016 and 2015 .
3,000 of 2016 and 2015 .
3,0002,500
6.0
2,500
2,000
5.0
2,000
4.0
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
3.0 higher MSI is better for buyers . The September 2017 MSI of 4.2
1,000 higher MSI is better for buyers . The September 2017 MSI of 4.2
1,000
2.0 months was at a mid level compared with September of 2016
500 months was at a mid level compared with September of 2016
500
1.0 and 2015 .
0 and 2015 .
0
0.0
O
N
O D
N J
D
F M
J
A
F M
J
A
J
M A
J S
J O
A N
S D
O J
N
F
D M
J A
F M
M J
A
J
M A S
J
O
J
N
A
D
S
J
O
F
N M
D A
J M
F J
M
J
A A
M S
J
J
A S
14
14
15
15
16
16
17
17
603 777 846 829 953 880
4,249 4,200 4,068 4,144 4,202 4,114 4,114 4,054 3,996 3,878 3,796 3,835 3,778
826
Number of Properties Sold
811 793 651 840 588 729 855 903 894
3,736 3,579 3,705 3,651 3,572 3,494 3,401 3,352
3,383 3,494
3,479 3,401
3,562 3,352
3,504 3,383
3,546 3,479
3,445 3,562
3,420 3,504 3,356 3,546
3,268 3,445
3,220 3,420
3,194 3,356
3,216
973 888 973 865 837 811 873 699 728
3 Mo Avg
984 881
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
4,249 4,200 4,068 4,144 4,202 4,114 4,114 4,054 3,996 3,878 3,796 3,835 3,778 3,736 3,579 3,705 3,651 3,572
3,268 3,220
3,150 3,085 2,904
1,062
3,194 3,216
1,098
3 Mo Avg
934 1,024
3,150 3,085 2,904
698
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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 Assoc 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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