FL ARCHIVED August 2017 | Page 37

Market Action Report August 2017
Community Information | School District
Market Action Report August 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
$ 224,900
2 %
14 %
Average List Price of all Current Listings
$ 268,837
3 %
14 %
August Median Sales Price
$ 179,000
2 %
2 %
8 %
12 %
$ 171,445
10 %
7 %
August Average Sales Price
$ 189,170
3 %
2 %
10 %
12 %
$ 181,375
9 %
7 %
Total Properties Currently for Sale ( Inventory )
2,899
-7%
-17%
August Number of Properties Sold
1,021
9 %
5 %
7,408
9 %
August Average Days on Market ( Solds )
72
7 %
3 %
6 %
-6%
72
-10%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 109
0 %
0 %
8 %
9 %
$ 107
9 %
7 %
August Sold Price per Square Foot
$ 102
1 %
1 %
10 %
12 %
$ 99
11 %
9 %
August Month ' s Supply of Inventory
2.8 -15% -6% -21% -33%
3.6
-16%
-15%
August Sale Price vs List Price Ratio
96.0 %
1.1 %
. 4 %
. 6 %
1.4 %
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 August Property sales were 1,021 , up 4.9 % from 973 in August of 2016 and 9.2 % higher than the 935 sales last month . August Property Sales
1,000 2017 sales were at their highest level compared to August of 1,200 August Property sales were 1,021 , up 4.9 % from 973 in August 2016 and 2015 . August YTD sales of 7,408 are running 8.9 % of 2016 and 9.2 % higher than the 935 sales last month . August 800 ahead of last year ' s year-to-date sales of 6,803 .
1,000
2017 sales were at their highest level compared to August of 2016 and 2015 . August YTD sales of 7,408 are running 8.9 %
800 600 ahead of last year ' s year-to-date sales of 6,803 .

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

600
400
200
0
400
200
Number of Properties Sold
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
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
15
Median Sales
16 Price and Average Sales 17Price
J
A
3 Mo Avg
Median Sales Price and Average Sales Price
645 739 578 708 539 603 777 846 829 953 880 826 811 793 651 840 588 729 855 903 894 973 888 973 865 837 811 873 699 728 984 881 1,062 1,098 935 1,021
S
14
645 739 578 708 539
Prices
The Median Sales Price in August was $ 179,000 , up 8.5 % from
Prices
$ 165,000 in August of 2016 and up 2.3 % from $ 175,000 last
The month Median . The Sales Average Price Sales in August Price was in August $ 179,000 was , up $ 8.5 189,170 % from , up
200
$
9.7 165,000 % from in $ August 172,508 of 2016 in August and up of 2.3 2016 % from and up $ 175,000 3.3 % from last month . The Average Sales Price in August was $ 189,170 , up
190
$ 183,146 last month . August 2017 ASP was at the highest level
9.7 % from $ 172,508 in August of 2016 and up 3.3 % from
180 compared to August of 2016 and 2015 .
$ 183,146 last month . August 2017 ASP was at the highest level
170 compared to August of 2016 and 2015 .
160
150
200
190
180
170
160
150
140
3 Mo Avg
140
130
130
120
120
110
110
100
100
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 M16A M J
J
A S O N D
J
F M A17M J
J
A
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 August
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 2,899 Inventory , down 6.8 of % Properties from 3,109 available last month for sale and as of down August 16.6 %
4,500 was 2,899 , down 6.8 % from 3,109 last month and down 16.6 %
4,500
9.0 from 3,478 in August of last year . August 2017 Inventory was at
4,000 from 3,478 in August of last year . 2017 Inventory was at
4,000
8.0 its lowest level compared with August of 2016 and 2015 .
3,500 its lowest level compared with August of 2016 and 2015 .
3,5003,000
7.0
3,000
2,500
6.0
2,500
5.0
2,000
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 August 2017 MSI of 2.8
1,000 higher MSI is better for buyers . The August 2017 MSI of 2.8
1,000
2.0 months was at its lowest level compared with August of 2016
500 months was at its lowest level compared with August of 2016
500
1.0 and and 2015
2015 .
.
0
0
0.0
S
O
NS OD NJ
FD MJ
AF
M JA JM AJ
S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ NA DS JO FNM DAJMF
JMJ AA M J
J A
14
14
15
15
16
16
17
17
603 777 846 829
4,217 4,249 4,200 4,068 4,144 4,202 4,114 4,114 4,054
953 880
4,217 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
Number of Properties Sold
826 811 793 651 840 588 729 855 903
3,996 3,878 3,796 3,835 3,778 3,736 3,579 3,705 3,651 3,572 3,494 3,401
894
3,736 3,579 3,705 3,651 3,572 3,494 3,401 3,352 3,383 3,478 3,560 973 888
3,352 3,383 3,478 973 865 837 811 873 699
3 Mo Avg
728 984
3,502 3,544 3,443 3,418 3,355 3,265 3,213 3,185 3,202 3,109 2,899 881 1,062
3,560 3,502 3,544 3,443 3,418 3,355 3,265 3,213 3,185 3,202
3 Mo Avg
1,098 935
3,109 2,899
1,021
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 Asso 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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