FL ARCHIVED December 2017 | Page 37

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
$ 225,000
0 %
13 %
Average List Price of all Current Listings
$ 272,801
3 %
15 %
December Median Sales Price
$ 184,925
1 %
2 %
12 %
16 %
$ 175,000
9 %
9 %
December Average Sales Price
$ 193,082
1 %
0 %
13 %
14 %
$ 184,820
9 %
9 %
Total Properties Currently for Sale ( Inventory )
2,635
-8%
-24%
December Number of Properties Sold
876
-1%
0 %
10,714
5 %
December Average Days on Market ( Solds )
67
-9%
-3%
-12% -13%
71
-9%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 114
1 %
2 %
12 %
14 %
$ 108
8 %
8 %
December Sold Price per Square Foot
$ 105
0 %
1 %
10 %
15 %
$ 100
10 %
10 %
December Month ' s Supply of Inventory
3.0
-8%
-8%
-24% -29%
3.6
-15%
-15%
December Sale Price vs List Price Ratio
95.4 %
-. 1 %
-. 0 %
. 4 %
. 8 %
95.3 %
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 December Property sales were 876 , up 0.3 % from 873 in December of 2016 and 0.7 % lower than the 882 sales last Property Sales
1,000 month . December 2017 sales were at their highest level 1,200 December Property sales were 876 , up 0.3 % from 873 in compared to December of 2016 and 2015 . December YTD sales December of 2016 and 0.7 lower than the 882 sales last
800 of 10,714 are running 5.1 % ahead of last year ' s year-to-date sales 1,000 month . December 2017 sales were at their highest level of 10,193 . compared to December of 2016 and 2015 . December YTD sales
800
600 of 10,714 are running 5.1 % ahead of last year ' s year-to-date sales of 10,193 .
600 400
Prices The Median Sales Price in December was $ 184,925 , up 12.1 %
Prices from $ 165,000 in December of 2016 and up 1.2 % from The $ 182,750 Median last Sales month Price . in The December Average was Sales $ 184,925 Price in , up December 12.1 % was 200 from $ 193,082 $ 165,000 , up in 12.6 December % from $ of 171,444 2016 and in December up 1.2 % from of 2016 and up 190 $ 0.6 182,750
% from last $ month 191,899
. The last Average month . Sales December
Price in 2017 December
ASP was was at the $ 193,082 , up 12.6 % from $ 171,444 in December of 2016 and up
180 highest level compared to December of 2016 and 2015 . 0.6 % from $ 191,899 last month . December 2017 ASP was at the 170 highest level compared to December of 2016 and 2015 .
160 150 140 130 120 110 100

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

400 200
200
0
Number of Properties Sold
0
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
15
16
17
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
Median
16 Sales Price and Average
17 Sales Price
3 Mo Avg
Median Sales Price and Average Sales Price
539 604 777 846 829 953 881 826 811 794 651 840 588 729 856 903 894 974 888 973 865 838 812 873 701 728 984 881 1,063 1,099 934 1,026 704 836 882 876
J 15
200 190 180 170 160 150 140 130 120 110 100
J
539 604 777 846
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
17 A M J
J
A S O N D
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
December Total Inventory was 2,635 of Properties , down 8.2 available % from 2,869 for sale last month of and
4,500
December was 2,635 , down 8.2 % from 2,869 last month and
4,500
9.0 down 23.8 % from 3,459 in December of last year . December
4,000 down 23.8 % from 3,459 in December of last year . December
4,000
8.0
2017 Inventory was at its lowest level compared with December
3,500
2017 Inventory was at its lowest level compared with December
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 December 2017 MSI of 3.0
1,000 higher MSI is better for buyers . The December 2017 MSI of 3.0
1,000
2.0 months was at its lowest level compared with December of 2016
500 months was at its lowest level compared with December of 2016
500
1.0 and 2015 .
0 and 2015 .
0
0.0
J
F M
J
A
F M
J
A 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 O
J
N
A
D
S O J
F
N
M
D
A
J M
F
J
M
J
A
A
M S
J O
J N
A D
S O N D
15
15
16
16
17
17
829 953 881 826 811 794 651
4,152 4,210 4,122 4,122 4,065 4,007 3,892 3,808 3,851 3,791 3,747 3,592
3,791 3,717
3,747 3,665
Number of Properties Sold
840
F M A M J J A S O N D J
4,152 4,210 4,122 4,122 4,065 4,007 3,892 3,808 3,851
3,592
3,717 588 729 856 903 894 974 888 973 865 838 812 873
F M A M J J A S O N D J
3,665 3,583 3,507 3,413 3,362 3,394 3,488 3,573 3,517 3,559 3,459
3,583 3,507 3,413 3,362 3,394 3,488 3,573 3,517 3,559 3,459 3,430 3,368 3,286 3,239 3,217 3,240 3,195
3,239 3,217
3,217 3,178 2,976
701 728
3,430 3,368 3,286 984 881 1,063
3 Mo Avg
1,099 934
3 Mo Avg
2,869
2,635 1,026 704 836 882 876
F M A M J J A S O N D
3,240 3,195 3,217 3,178 2,976 2,869
3 Mo Avg
2,635
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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