FL ARCHIVED August 2017 | Page 160

Market Action Report County: Lake Lake County Agent Name Title Phone Agent Name Website Title Other August 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $269,000 2% 8% Other $367,352 Trending 1% versus*: 12% Month LM -4% L3M -1% PYM 4% LY $207,250 $269,000 2% 8% $229,981 -7% -3% 7% $367,352 1,811 1% -4% 12% -11% $207,250 620 -4% -1% -1% 4% 0% 9% $229,981 -7% -3% 7% 11% 61 9% 2% -14% 1,811 -4% -11% $129 -2% 2% 9% 620 -1% 0% $118 0% 1% 9% 61 9% 2% -14% -18% 2.9 -3% -2% -11% $129 -2% 2% 9% 10% 96.1% .0% .2% .9% Average List Price of all Current Listings Market Trends August Profile Median & Sales Price Overview Median List Price of all Current August Average Sales Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) August Sales Price August Median Number of Properties Sold August Average Sales Price August Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) August Number of Properties Sold August Sold Price per Square Foot August Average Days on Market (Solds) August Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) August Sale Price vs List Price Ratio August Sold Price per Square Foot $118 0% 2.9 -3% 96.1% .0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date August Month's Supply of Inventory August 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 Mo Avg 604 552 16 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 14 N D J F 15 M A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 M J J A 14 15 16 17 Inventory & MSI 2,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of August 3,000 was Total 1,811, down 3.9% from 1,885 last month and as down 10.5% The Inventory of Properties available for sale of August from 2,024 in 3.9% August of last year. August and 2017 Inventory at 2,500 was 1,811, down from 1,885 last month down 10.5% was 3,000 from 2,024 level in August of last with year. August August of 2017 Inventory was at 2,500 its lowest compared 2016 and 2015. 2,000 its lowest level compared with August of 2016 and 2015. 1,500 1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000 A higher comparatively lower MSI is more The beneficial for 2017 sellers while a 1,000 MSI is better for buyers. August MSI of 2.9 500 higher MSI is better for buyers. August with 2017 August MSI of 2.9 months was at its lowest level The compared of 2016 500 months was at its lowest level compared with August of 2016 0 and 2015. and 2015. 517 380 15 0 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 220 210 200 190 180 170 160 150 14 250 240 230 220 210 200 190 180 170 160 150 Prices $248,566 last month. August 2017 ASP was at the highest level compared to August of 2016 and 2015. 3 Mo Avg 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 14 15 16 17 S O N D J F M A M Median J J A S O Sales N D J Price F M A and M J Average J A S O Sales N D J Price F M A M J J A 0 The Median Sales Price in August was $207,250, up 3.6% from Prices $200,000 in August of 2016 and down 3.6% from $215,000 The in August was $207,250, 3.6% from last Median month. Sales The Price Average Sales Price in August up was $229,981, up 250 $200,000 in $215,511 August of in 2016 and of down 6.7% from August 2016 3.6% and from down $215,000 7.5% from 240 last month. last The month. Average August Sales Price in ASP August $229,981, $248,566 2017 was was at the highest up level 230 6.7% from $215,511 in August of 2016 and down 7.5% from compared to August of 2016 and 2015. 0 100 100 200 -9% 7% 9% -18% 1% 200 300 8% 9% -12% 9% 10% $125 8% 4,655 8% 12% $114 10% 67 -12% -9% -29% 3.4 -18% $125 8% 7% 1. 6% 95.3% 1% 300 400 $207,900 4,655 12% $227,001 10% -18% 67 Number of Properties Sold 500 Trending versus*: Prior YTD 12% Prior Year 9% 9% YTD $207,900 11% $227,001 10% 9% 1% 9% 12% $114 10% 9% -2% -11% -29% 3.4 -18% -18% Number of 95.3% Properties .2% .9% 1.6% 1% Sold 1% 700 August Property sales were 620, up 0.5% from 617 in August of 2016 and 0.8% lower than the 625 sales last month. August 600 Property 2017 sales Sales were at their highest level compared to August of 700 August Property were YTD 620, sales up 0.5% from are 617 running in August 7.6% of 500 2016 and 2015. sales August of 4,655 2016 and lower than the 625 sales month. August 600 ahead of 0.8% last year's year-to-date sales last of 4,326. 400 2017 sales were at their highest level compared to August of 2016 and 2015. August YTD sales of 4,655 are running 7.6% ahead of last year's year-to-date sales of 4,326. Trending versus*: Prior YTD Prior Year YTD Market Action Report County: Lake August 2017 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 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 O N D J F M A M J J A 14 15 16 17 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 160 | c o l d w e l l b a n k e r h o m e s . c o m 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 Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REAL 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.