FL ARCHIVED November 2017 | Page 37

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 226,900
3 %
15 %
Average List Price of all Current Listings
$ 270,732
3 %
15 %
November Median Sales Price
$ 182,750
4 %
2 %
8 %
14 %
$ 174,000
9 %
9 %
November Average Sales Price
$ 191,839
1 %
0 %
7 %
14 %
$ 184,078
9 %
9 %
Total Properties Currently for Sale ( Inventory )
2,731
-6%
-23%
November Number of Properties Sold
880
5 %
8 %
9,836
6 %
November Average Days on Market ( Solds )
74
6 %
4 %
-3%
-4%
72
-8%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 113
2 %
3 %
11 %
13 %
$ 107
8 %
7 %
November Sold Price per Square Foot
$ 104
2 %
1 %
11 %
15 %
$ 100
11 %
10 %
November Month ' s Supply of Inventory
3.1 -11% -16% -29% -27%
3.6
-14%
-14%
November Sale Price vs List Price Ratio
95.4 %
. 2 %
-. 2 %
. 1 %
. 8 %
95.2 %
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 November Property sales were 880 , up 8.4 % from 812 in November of 2016 and 5.3 % higher than the 836 sales last Property Sales
1,000 month . November 2017 sales were at their highest level 1,200 November Property sales were 880 , up 8.4 % from 812 in compared to November of 2016 and 2015 . November YTD sales November of 2016 and 5.3 higher than the 836 sales last
800 of 9,836 are running 5.5 % ahead of last year ' s year-to-date sales 1,000 month . November 2017 sales were at their highest level of 9,320 . compared to November of 2016 and 2015 . November YTD sales
800
600 of 9,836 are running 5.5 % ahead of last year ' s year-to-date sales of 9,320 .
600 400

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

400
200
0
200
708 539 604 777 846
Number of Properties Sold
0 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 14 15
16
17 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 14 15
Median 16 Sales Price and Average 17Sales Price
3 Mo Avg
Median Sales Price and Average Sales Price
708 539 604 777 846 829 953 881 826 811 794 651 840 588 729 856 903 894 974 888 973 865 838 812 873 701 728 984 881 1,063 1,099 934 1,026 704 836 880
Prices
The Median Sales Price in November was $ 182,750 , up 8.0 %
Prices from $ 169,250 in November of 2016 and up 3.8 % from
The
$ 176,000 Median last Sales month Price . in The November Average was Sales $ 182,750 Price in , up November 8.0 % was
200 from
$ 191,839 $ 169,250 , up 7.4 in November % from $ 178,618 of 2016 in and November up 3.8 % from of 2016 and up
190
$
0.9 176,000
% from last $ month 190,195
. The last Average month . Sales November
Price in 2017 November
ASP was was at the
$ 191,839 , up 7.4 % from $ 178,618 in November of 2016 and up
180 highest level compared to November of 2016 and 2015 .
0.9 % from $ 190,195 last month . November 2017 ASP was at the
170 highest level compared to November of 2016 and 2015 .
160
150
140
130
200
190
180
170
160
150
140
130
120
3 Mo Avg
120
110
110
100
100
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
14
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
14
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
November Total Inventory was 2,731 of Properties , down 6.2 % available from 2,912 for sale last as month of and
4,500
November was 2,731 , down 6.2 % from 2,912 month and
4,500
9.0 down 23.2 % from 3,558 in November of last year . November
4,000 down 23.2 % from 3,558 in November of last year . November
4,000
8.0
2017 Inventory was at its lowest level compared with November
3,500
2017 Inventory was at its lowest level compared with November
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 November 2017 MSI of 3.1
1,000 higher MSI is better for buyers . The November 2017 MSI of 3.1
1,000
2.0 months was at its lowest level compared with November of 2016
500 months was at its lowest level compared with November of 2016
500
1.0 and 2015 .
0 and 2015 .
0
0.0
D
J
D
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 S O N
14
1514
15
16
16
17
17
829 953 881 826 811 794
4,076 4,152 4,210 4,122 4,122 4,065 4,007 3,892 3,809 3,852 3,792 3,747
4,076 4,152 4,210 4,122 4,122 4,065 4,007 3,892 3,809 3,852 3,792 3,747 3,592 3,717 3,665
Number of Properties Sold
651 840 588 729 856 903 894 974 888 973
3,583 3,507 3,413 3,362 3,394 3,487 3,572 3,516 3,558 3,459 3,429 3,367 3,285 3,238 3,216 3,238 3,190 3,203 3,149 2,912
865 838 812 873 701 728 984 881
3 Mo Avg
3,592 3,717 3,665 3,583 3,507 3,413 3,362 3,394 3,487 3,572 3,516 3,558 3,459 3,429 3,367 3,285 3,238 3,216 3,238 3,190 3,203 3,149
1,063 1,099
2,731 934 1,026
3 Mo Avg
704 836
2,912 2,731
880
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 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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