Florida Market Viewpoint June 2017 - Page 52

Market Action Report Lakewood Ranch Agent Name Market Action Report Title Phone Agent Name Website Other Title June 2017 Community Information | School District City: Lakewood Ranch 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 Trending versus*: Prior YTD Prior Year YTD $504,495 -1% 8% Other $682,578 Trending 1% versus*: 10% Trending versus*: Month LM -12% L3M -5% PYM -17% LY -7% YTD Prior YTD -5% Prior Year $355,000 $380,500 $504,495 -1% -12% -7% 8% -23% -16% $393,751 $467,512 -4% $682,578 370 1% -5% 10% 8% $355,000 -12% -5% -17% 17% -7% $380,500 -5% 61 -19% 308 3% 0% $393,751 -12% -7% -23% -16% $467,512 -4% 91 -9% -9% 6% 12% 104 39% 0% 370 -5% 8% $192 -10% -4% -2% -5% $202 0% 61 -19% 17% 308 3% $167 -11% -7% -13% -9% $184 -2% 91 -9% -9% 6% 12% 104 39% 28% 6.1 16% -5% -8% -9% 8.7 27% $192 -10% -4% -2% -5% $202 0% 0% 92.6% -.8% -.1% .1% -1.5% 92.7% -2% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Price Current Listings June Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) June Sales Price June Median Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sale Price vs List Price Ratio June Sold Price per Square Foot 0% 0% 28% 0% 0% 31% -1% $167 -11% -7% -13% -9% $184 -2% 0% 6.1 16% -5% -8% -9% 8.7 27% 31% Number of 92.7% Properties 92.6% -.8% -.1% .1% -1.5% -2% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Month's Supply of Inventory June 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 June Property sales were 61, up 17.3% from 52 in June of 2016 and 18.7% lower than the 75 sales last month. June 2017 sales Property Sales were at a mid level compared to June of 2016 and 2015. June 80 June were 61, up 17.3% June of 2016 YTD Property sales of sales 308 are running 3.0% from ahead 52 of in last year's year-to- 70 and 18.7% than the 75 sales last month. June 2017 sales date sales lower of 299. 3 Mo Avg 60 50 60 40 50 30 40 20 30 Prices The Median Sales Price in June was $355,000, down 17.4% from Prices $430,000 in June of 2016 and down 12.3% from $405,000 last The Median Sales Price Sales in June was in $355,000, 17.4% down from month. The Average Price June was down $393,751, 700 $430,000 in June of 2016 12.3% from $405,000 last 23.3% from $513,696 in and June down of 2016 and down 12.2% from month. The last Average Sales Price in June down level 650 $448,344 month. June 2017 ASP was was $393,751, at the lowest 600 23.3% from $513,696 June and of 2016 and down 12.2% from compared to June of in 2016 2015. 550 500 450 14 700 650 49 15 16 56 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 14 15 16 17 J A S O N D J F M A Median M J J A Sales S O N Price D J F and M A Average M J J A Sales S O N Price D J F M A M J 0 0 10 10 20 $448,344 last month. June 2017 ASP was at the lowest level compared to June of 2016 and 2015. Number of Properties Sold 70 were at a mid level compared to June of 2016 and 2015. June YTD sales of 308 are running 3.0% ahead of last year's year-to- date sales of 299. 3 Mo Avg 80 City: Lakewood Ranch June 2017 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 600 550 500 450 400 400 350 350 300 300 250 Inventory & MSI compared with June of 2016 and 2015. 300 0 52 | c 14.0 14.0 300 200 A comparatively lower MSI is more beneficial for sellers while 200 a A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 6.1 a 100 higher MSI is better for level buyers. The June 2017 MSI of of 2016 6.1 and 100 months was at a mid compared with June months 0 2015. was at a mid level compared with June of 2016 and 2015. 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 June was Total 370, Inventory down 5.4% from 391 last month for and from 343 500 The of Properties available sale up as 7.9% of June 500 in June of last 5.4% year. from June at its from highest was 370, down 391 2017 last Inventory month and was up 7.9% 343 level 400 in compared June of last year. June 2017 Inventory with June of 2016 and 2015. was at its highest level 400 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 15 A M J J A S O N D J F M 16 J A 14 S O N D J F M A M J J A S O N D J F M A 17 M J 14 15 16 17 250 12.0 10.0 8.0 6.0 4.0 2.0 0.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 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 M A M J 14 15 16 17 14 15 16 17 . 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 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association وPSԔܚYHSY[ۘ[S\وPSԔPSԔو\X][ۂوH[BXX\XH\\‘]B\\œݚYY\\BوܙX]\ܝܝ]Y\[BPSԔPSԂ\X][ۂوX\[[K[KZX[ZH\X][ۂوPSԔ^HܚYH^BY[ۘ[\\\XH\\\\XBوPSԔPSԔ\X][ۂH[HXX\XB\\X][ۂوPS\\[܈X\[YBX\XBو[ܛX][ۋ\[ܛX][ۋ]\\ۜX[]BH\ۜX[]B[H܈^Y\\YB[[[ܛX][ۂXۜ[Y\&\™\]H[X[ۋ\›\[܈X\[YBHBX\XBو\’]\Bو[Hق^Y\[\܈[\\YH[B[[B[[ܛX][ۂ[][[][Xۜ[Y\&\œX[\]HX[[X[ۋ