Florida Market Viewpoint April 2017 - Page 37

Market Action Report County: Polk Polk County Agent Name Market Action Report County: Polk April 2017 April 2017 Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Website Month Other $219,000 Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 4% 15% Trending versus*: $258,494 Trending 3% versus*: 12% Month LM 2% L3M 2% PYM 14% LY Prior YTD 10% Prior Year $168,490 5% YTD $165,000 $219,000 4% 5% 4% 15% 13% 8% $183,126 $175,762 9% $258,494 3% 12% 2,952 -6% -15% $168,490 2% 2% 14% 5% $165,000 10% 3% 875 -11% -3% 3,283 7% $183,126 5% 4% 13% 8% $175,762 9% 4% 79 4% 5% -9% 3% 75 -15% 2,952 -6% -15% $109 4% 3% 10% 9% 3,283 $106 8% 875 -11% -3% 7% $99 2% 2% 13% 9% $97 11% 79 4% 5% -9% 3% 75 -15% -3% 4.0 $109 3.4 4% 5% 3% -9% 10% -13% 9% -20% $106 8% -17% 6% $99 95.2% 2% .3% 2% .5% 13% .4% 9% .6% $97 94.7% 11% 1% 7% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Current Listings April Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) April Median Sales Price April Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Inventory Asking Price per Supply Square of Foot (based on New Listings) April Sold Sale Price Price per vs Square List Price April Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory April 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 3.4 5% 95.2% .3% 3% 4% -3% 6% 7% -5% 0% -9% -13% -20% 4.0 -17% -5% of 94.7% Properties .5% .4% Number .6% 1% Sold 0% 1,200 April Property sales were 875, down 3.1% from 903 in April of 2016 and 11.0% lower than the 983 sales last month. April 2017 1,000 Property sales were Sales at a mid level compared to April of 2016 and 2015. 1,200 April Property sales were 875, down 3.1% from 903 in April of April YTD sales of 3,283 are running 6.8% ahead of last year's 2016 and 11.0% lower than the 983 sales last month. April 2017 1,000 800 year-to-date sales of 3,075. sales were at a mid level compared to April of 2016 and 2015. April YTD sales of 3,283 are running 6.8% ahead of last year's year-to-date sales of 3,075. Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 3 Mo Avg 800 600 600 400 Prices The Median Sales Price in April was $168,490, up 13.8% from Prices $148,000 in April of 2016 and up 2.1% from $165,000 last The Median Sales Price Sales in April was in $168,490, 13.8% from month. The Average Price April was up $183,126, up 13.4% 200 $148,000 in April in of April 2016 of and up and 2.1% up from $165,000 last from $161,448 2016 4.6% from $175,007 last 190 month. The Average Sales Price in April was $183,126, up 13.4% month. April 2017 ASP was at the highest level compared to 180 from $161,448 in April of 2016 and up 4.6% from $175,007 last April of 2016 and 2015. 170 month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. Inventory & MSI 160 150 140 130 120 110 100 14 200 190 180 170 160 150 140 130 120 110 100 Sales Price and 16 Average Sales Price Median Sales Price and Average Sales Price 588 840 15 Median 17 3 Mo Avg 3 Mo Avg 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 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Inventory & MSI of Properties available for sale as of April The Total Inventory 4,500 The Inventory of Properties available for sale as down of April was Total 2,952, down 6.4% from 3,155 last month and 15.3% 4,500 4,000 was 2,952, down 6.4% of from month down 15.3% from 3,485 in April last 3,155 year. last April 2017 and Inventory was at its 4,000 3,500 from 3,485 in compared April of last with year. April April was at its lowest level of 2017 2016 Inventory and 2015. 3,500 3,000 lowest level compared with April of 2016 and 2015. 3,000 2,500 2,500 2,000 2,000 A comparatively lower MSI is more beneficial for sellers while 1,500 a 1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000 higher MSI is better for buyers. The April 2017 MSI of 3.4 1,000 higher MSI is better for buyers. The April 2017 MSI of 3.4 months was at its lowest level compared with April of 2016 and 500 500 months was at its lowest level compared with April of 2016 and 0 2015. 0 2015. 826 880 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 14 15 16 17 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 0 0 200 400 200 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 D A J M F M M J M J 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 J S J O A N S D O J N F M J J A A M S J O J N A D S J O F N M D A J F M A 15 16 17 14 14 15 16 17 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es . c o m | 37 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Flori H^BY[ۘ[\\\XH\\\\XBوPSԔPSԔ\X][ۂH[HXX\XB\\X][ۂوPS\›\[܈X\[YBHBX\XBو\’]\Bو[Hق^Y\[\܈[\\YH[B[[B[[ܛX][ۂ[][[][Xۜ[Y\&\œX[\]HX[[X[ۋ\\[܈X\[YBX\XBو[ܛX][ۋ\[ܛX][ۋ]\\ۜX[]BH\ۜX[]B[H܈^Y\\YB[[[ܛX][ۂXۜ[Y\&\™\]H[X[ۋ