FL ARCHIVED January 2018 | Page 37

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

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
$ 222,825
1 %
11 %
Average List Price of all Current Listings
$ 269,075
1 %
13 %
January Median Sales Price
$ 186,500
1 %
2 %
17 %
7 %
$ 186,500
17 %
7 %
January Average Sales Price
$ 195,271
1 %
1 %
16 %
5 %
$ 195,271
16 %
5 %
Total Properties Currently for Sale ( Inventory )
2,798
0 %
-18%
January Number of Properties Sold
669 -24%
-5%
669
-5%
January Average Days on Market ( Solds )
76
13 %
7 %
13 %
7 %
76
13 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 117
2 %
3 %
13 %
8 %
$ 117
13 %
8 %
January Sold Price per Square Foot
$ 104
-1%
0 %
10 %
3 %
$ 104
11 %
3 %
January Month ' s Supply of Inventory
4.2
33 %
18 % -15%
15 %
4.2
-15%
15 %
January Sale Price vs List Price Ratio
94.9 %
-. 5 % -. 4 %
. 5 %
-. 3 %
94.9 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1,200 January Property sales were 669 , down 4.6 % from 701 in January of 2017 and 24.5 % lower than the 886 sales last month . Property Sales
1,000 January 2018 sales were at a mid level compared to January of 1,200 January Property sales were 669 , down 4.6 % from 701 in 2017 and 2016 . January YTD sales of 669 are running 4.6 % January of 2017 and 24.5 % lower than the 886 sales last month . 800 behind last year ' s year-to-date sales of 701 .
1,000
January 2018 sales were at a mid level compared to January of 2017 and 2016 . January YTD sales of 669 are running 4.6 %
800 600 behind last year ' s year-to-date sales of 701 .

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

600
400
200
0
400
200
Number of Properties Sold
0
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
15
16
17
18
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
Median
16 Sales Price and Average
17 Sales Price
18
3 Mo Avg
Median Sales Price and Average Sales Price
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 1,026 704 837 881 886 669
F
15
604 777 846 829 953 881
4,210 4,122 4,122 4,065 4,007 3,892 3,808 3,851 3,791 826 811 794 651 840
Number of Properties Sold
Prices
The Median Sales Price in January was $ 186,500 , up 16.6 %
Prices from $ 160,000 in January of 2017 and up 0.9 % from $ 184,925
The last Median month Sales . The Price Average in January Sales Price was $ in 186,500 January , up was 16.6 $ % 195,271 ,
200 from up 15.8 $ 160,000 % from in $ January 168,559 of in 2017 January and of up 2017 0.9 % and from up $ 184,925 1.0 % from last month . The Average Sales Price in January was $ 195,271 ,
190
$ 193,292 last month . January 2018 ASP was at the highest level up 15.8 % from $ 168,559 in January of 2017 and up 1.0 % from
180 compared to January of 2017 and 2016 .
$ 193,292 last month . January 2018 ASP was at the highest level
170 compared to January of 2017 and 2016 .
160
150
200
190
180
170
160
150
140
3 Mo Avg
140
130
130
120
120
110
110
100
100
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
M15 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
J
18
15
16
17
18
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
January Total Inventory was 2,798 of , up Properties 0.4 % from available 2,788 for last sale month as of and down
4,500
January was 2,798 , up 0.4 % from 2,788 last month and down
4,500
8.0
18.4 % from 3,430 in January of last year . January 2018
4,000
18.4 % from 3,430 in January of last year . January 2018
4,000
Inventory was at its lowest level compared with January of 2017
3,500
7.0
Inventory was at its lowest level compared with January of 2017
3,500 and 2016 .
3,000
6.0 and 2016 .
3,000
2,500
5.0
2,500
2,000
4.0
2,000
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,500 higher MSI is better for buyers . The January 2018 MSI of 4.2
1,000 higher MSI is better for buyers . The January 2018 MSI of 4.2
1,000
2.0 months was at its lowest level compared with January of 2017
500 months was at its lowest level compared with January of 2017
500
1.0 and and 2016
2016 .
.
0
0
0.0
F
M
AF
M AJ
MJ AJ
SJ OA NS DO JNFDM JA FM MJ
AJ MA JS
OJ AN DS OJ
FN MD AJ
MF JM JA AM S JO JNAD SJ
O N D J
15
15
16
16
17
17
18
18
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
4,210 4,122 4,122 4,065 4,007 3,892 3,808 3,851 3,791
588 729 856 903 894
3,747 3,592 3,717 3,665 3,583 3,507 3,413 3,362 3,394 3,488
974 888 973 865 838 812 873
3,747 3,592 3,717 3,665 3,583 3,507 3,413 3,362 3,394 3,488 3,573 3,517 3,559 3,459 3,430 701 728 984
3,573 3,517 3,559 3,459 3,430 3,368 3,287 3,240 3,218 3,242 3,202 3,230 881 1,063 1,099
3 Mo Avg
934 1,026
3,197 3,019 2,937 2,788 2,798 704 837
3,368 3,287 3,240 3,218 3,242 3,202 3,230 3,197 3,019 2,937
3 Mo Avg
881 886
2,788 2,798
669
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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