FL ARCHIVED February 2018 | Page 52
Market Action Report
Lakewood Ranch
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Other
Title
Community Information | School District
City: Lakewood Ranch
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
$200 8% 7% -1% 8%
$195
-4%
5%
6.6 -40% -17% -40% -11%
8.9 -27%
19%
of 93.9%
Properties
94.0% .2% -.3% 2.6% Number
.7%
1% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
February Month's Supply of Inventory
February Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
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
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16
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3 Mo Avg
Number of Properties Sold
70
3 Mo Avg
60
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The February 2018 Selling Price per Square Foot of $200 was up
7.5% from $186 last month and down 0.8% from 202 in
February of last year.
50
40
30
52
53
17
18
3 Mo Avg
600
550
up 3.7% from $468,556 last month. February 2018 ASP was at a
550 500
mid range compared to February of 2017 and 2016.
500 450
300
14.0
and 2016.
200
A comparatively lower MSI is more beneficial for sellers while 200
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while of a 6.6
MSI is better
for buyers.
February
2018 MSI
100
higher
MSI
is better
for buyers.
February
2018
MSI of 6.6
months
was
at its lowest
level The
compared
with
February
of 2017 100
months
was at its lowest level compared with February of 2017
0
and 2016.
0
and 2016.
12.0
12.0 10.0
10.0
8.0
6.0
4.0
2.0
0.0
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 S O N D J F
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14.0
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Copyright
© Coldwell
Banker Residential
Real Estate
/ Coldwell Banker
United, Realtors
| Price Range: All | Property Types: SFH - Con
Copyright
© Coldwell
Banker
Real
Coldwell
United,
o
l d Residential
well
b Estate
a n / k
e r Banker
hom
e s Realtors
c o | Price
m Range: All | Property Types: SFH - Con
8.0
6.0
4.0
Inventory / New Listings / Sales
500
450
400
350
300
250
200
150
100
50
0
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in February 2018 was 106, down 4.5% from 111 last month and
up 3.9% from 102 in February of last year.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
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
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M A 15
M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D J F
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16
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The Total Inventory
Inventory
& MSI of Properties available for sale as of
500
February
was 359, of down
4.5% from
376 for
last sale
month
The
Total Inventory
Properties
available
as of and down
500
14.9% from
February
of last
year.
February
February
was 422
359, in
down
4.5% from
376
last month
and 2018
down
400
14.9%
from 422
of last
year. February
2018 of 2017
Inventory
was in
at February
a mid level
compared
with February
400
Inventory
was at a mid level compared with February of 2017
and 2016.
300
91.6%
Inventory / New Listings / Sales
400 350
300
94.0%
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
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450 400
350 300
95.5%
650
16
Median Sales Price and Average Sales Price
98%
97%
96%
95%
94%
93%
92%
91%
90%
89%
88%
700
15
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
The Median Sales Price in February was $399,708, down 7.6%
Prices
from $432,500 in February of 2017 and down 8.1% from
The
Median last
Sales month.
Price in The
February
was Sales
$399,708,
down
7.6% was
$435,000
Average
Price in
February
700
from
$432,500
in February
of 2017
and down
8.1% from of 2017 and
$486,043,
down
19.8% from
$605,980
in February
$435,000
last month.
The last
Average
Sales
Price in February
up 3.7% from
$468,556
month.
February
2018 ASP was
was at 650
a
$486,043,
19.8% to
from
$605,980
in February
of 2017 and 600
mid range down
compared
February
of 2017
and 2016.
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The February 2018 Selling Price vs Original
List Price of 94.0% was up from 93.8% last month and up from
91.6% in February of last year.
Prices
0
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
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M A M J J A S O N D Median
J F M A Sales
M J J Price
A S O and
N D Average
J F M A Sales
M J J Price
A S O N D J F
10
0
10
20
200
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
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20
30
202
40
3 Mo Avg
188
50
250
240
230
220
210
200
190
180
170
160
150
60
Selling Price per Square Foot
Selling Price per Square Foot
80
February Property sales were 54, up 42.1% from 38 in February
of 2017 and 58.8% higher than the 34 sales last month.
Property
Sales
February 2018
sales were at their highest level compared to 80
February
were 54,
up 42.1% YTD
from
38 in
February Property
of 2017 sales
and 2016.
February
sales
of February
88 are
70
of running
2017 and
58.8%
higher
the 34 year-to-date
sales last month.
27.5%
ahead
of than
last year's
sales of 69.
February 2018 sales were at their highest level compared to
February of 2017 and 2016. February YTD sales of 88 are
running 27.5% ahead of last year's year-to-date sales of 69.
0
February Sale Price vs List Price Ratio
February Sold Price per Square Foot
20
Asking Price per Square Foot (based on New Listings)
40
2%
5%
5%
19%
1%
February Month's Supply of Inventory
54
60
February Average Days on Market (Solds)
80
February Sold Price per Square Foot
105
100
Asking Price per Square Foot (based on New Listings)
February Number of Properties Sold
120
February Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
140
February Average Sales Price
7%
4%
3 Mo Avg
150
February
Sales
Price
February Median
Number
of Properties
Sold
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for February was 105, up 9.4% from
96 days last month and down 30.0% from 150 days in February
of last year. The February 2018 DOM was at a mid level
compared with February of 2017 and 2016.
160
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Days On Market for Sold Properties
Market Time
Market
Profile
& Sales
Trends
Overview
February
Median
Price
Median
List Average
Price of Sales
all Current
February
Price Listings
Title
Phone
Website
Other
Community Information | School District
Trending versus*:
Prior YTD Prior Year
YTD
$509,900
6%
6%
Other
$675,358 Trending
2% versus*: 4%
Trending versus*:
Month
LM -8%
L3M 4%
PYM -8%
LY
Prior YTD 7%
Prior Year
$399,708
4% YTD
$413,208
$509,900
6% 4% 10%
6% -20% 5%
$486,043
$479,287
-23%
$675,358 359
2% -5%
4% -15%
$399,708 -8%
4%
-8%
4%
$413,208
7% 28% 7%
54 59%
42%
88
$486,043 105
4% 9%
10% -20%
5%
$479,287
-23%
8% -30% 6%
101 -17% 4%
359 -5%
-15%
$215 3% 3% 5% 7%
$211
4%
54 59%
42%
88
28%
$200 8% 7% -1% 8%
$195
-4%
105 9% 8% -30% 6%
101 -17%
2%
6.6 -40% -17% -40% -11%
8.9 -27%
$215 3% 3% 5% 7%
$211
4%
5%
94.0% .2% -.3% 2.6% .7%
93.9%
1%
Average List Price of all Current Listings
Agent Name
Price Range: All | Properties: SFH - Con
Trending versus*:
L3M PYM
LY
February 2018
Lakewood Ranch
City: Lakewood Ranch
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Market Action Report
February 2018
City: Lakewood Ranch
February 2018
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
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2.0 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
0.0 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 Association of REALTORS
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.
18
c o l dw el l b a n k er h o m e s . c o m
| 53
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
Association Flagler
of REALTORS,
Flagler County
Association
of REALTORS,
Bonita
Springs-Estero
Association
REALTORS,
Royal Palm
Coast REALTOR
Association,
Navarre Area
Board Coast
of REALTORS,
Coast Association
of REALTORS,
Pensacola
of REALTORS
and estate
may
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 REALTORS,
County Association
of REALTORS,
Bonita
Springs-Estero
Association
of REALTORS,
Royal of
Palm
Coast REALTOR
Association,
Navarre Area
Board of REALTORS,
Emerald
Association Emerald
of REALTORS,
Pensacola Association
of REALTORS
and Association
may not reflect
all relevant 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.