Market Action Report
County: Lake
Lake County
Agent Name
Title
Phone
Agent
Name
Website
Title Other
May 2017
Community Information | School District
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
$267,950
3%
10%
Other
$371,561 Trending
3% versus*:
15%
Month
LM
L3M
PYM
LY
$210,250 2% 1% 11%
$267,950
3%
10%
$233,032 8% 5% 10%
$371,561 1,740
3% -4% 15% -15%
$210,250 646
2% 6%
1% 11% 7%
11%
$233,032 8%
5%
10%
12%
66 -6% -10% -18%
1,740 -4%
-15%
$126 1% 2% 8%
646 6%
7%
$115 4% 3% 10%
66 -6% -10% -18% -11%
2.7 -9% -5% -21%
$126 1% 2% 8% 8%
95.6% 1.3% .7% 1.1%
Average List Price of all Current Listings
Market
Profile
& Trends
May Median
Sales
Price Overview
Median
List
Price
of
all
Current Listings
May Average Sales Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
May
Sales
Price
May Median
Number
of Properties
Sold
May Average Sales Price
May Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
May Number of Properties Sold
May Sold Price per Square Foot
May Average Days on Market (Solds)
May Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
May Sale Price vs List Price Ratio
May Sold Price per Square Foot
May 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
700
May Property sales were 646, up 7.0% from 604 in May of 2016
and 5.6% higher than the 612 sales last month. May 2017 sales
600
Property
Sales
were at their
highest level compared to May of 2016 and 2015. 700
May
sales
7.0% from
in May
of 2016
500
May Property
YTD sales
of were
2,757 646,
are up
running
9.9% 604
ahead
of last
year's
and
5.6% higher
than of the
612 sales last month. May 2017 sales
600
year-to-date
sales
2,509.
400
were at their highest level compared to May of 2016 and 2015.
14
250
240
230
220
210
200
190
180
170
160
150
3 Mo Avg
Median Sales Price and Average Sales Price
440
384
16
17
3 Mo Avg
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
15 A M J J A S O N D J F M 16
J J 14
A S O N D J F M
A M J J A S O N D J F M A 17 M
14
15
16
17
2,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
1,500
A comparatively lower MSI is more beneficial for sellers while a 1,000
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
May 2017
MSI of
2.7 a 1,000
500
higher
MSI
is better
for buyers.
May 2017
MSI
of 2.7
months
was
at its lowest
level The
compared
with
May
of 2016 and 500
months
0
2015. was at its lowest level compared with May of 2016 and
0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
3,000
was Total
1,740,
down 3.6%
from 1,805
last month
and
15.5%
The
Inventory
of Properties
available
for sale
as down
of May
from
2,059
in May
last 1,805
year. last
May
2017 and
Inventory
was at its 3,000 2,500
was
1,740,
down
3.6% of
from
month
down 15.5%
from
2,059
in compared