Market Action Report
City: Lakeland
Lakeland
Agent Name
November 2017
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Website
Month
$239,250
Other
Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: All List
| Properties:
SFH of
- Con
LM
Trending versus*:
L3M PYM
LY
6%
26%
$288,333 Trending
4% versus*:
21%
Month
LM 5%
L3M 2%
PYM 9%
LY
$185,000
$239,250
6%
26%
$194,052 -0% -2% 3%
$288,333 4%
694 -8% 21% -24%
$185,000 5% 2% 9% 15%
285 4%
1%
$194,052 -0% -2% 3% 10%
63 5% 9% 5%
694 -8%
-24%
$112 1% 2% 8%
285 4%
1%
63 $105
5% 1%
9% 0%
5% 8%
-3%
2.4
-12%
-15%
$112 1% 2% 8% -25%
10%
$105 95.9%
1% .7%
0% .3%
8% -.2%
12%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
November
Median
Sales Price
Median List Price of all Current Listings
November Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
November Median Sales Price
November Number of Properties Sold
November Average Sales Price
November Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
November Number of Properties Sold
November Sold Price per Square Foot
November Average Days on Market (Solds)
November
Supply
of Inventory
Asking
Price Month's
per Square
Foot (based
on New Listings)
November Sold
Sale Price
Price
vs Square
List Price
November
per
Foot Ratio
Trending versus*:
Prior YTD 9%
Prior Year 9%
15% YTD
$175,000
10%
$191,542
8%
8%
$175,000
9%
3,124
$191,542
8%
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
400
November Property sales were 285, up 0.7% from 283 in
350
November of 2016 and 3.6% higher than the 275 sales last
Property
Sales 2017 sales were at their highest level
400
month. November
300
November Property sales were 285, up 0.7% from 283 in
compared to November of 2016 and 2015. November YTD sales
350
November of 2016 and 3.6% higher than the 275 sales last
250
of 3,124 are running 1.4% ahead of last year's year-to-date sales
month. November 2017 sales were at their highest level
300
of 3,082.
compared to November of 2016 and 2015. November YTD sales
200
3 Mo Avg
307
225
300
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
0
0
50
50
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
Median 16 Sales Price and Average
14 15
17 Sales Price
3 Mo Avg
Prices
The Median Sales Price in November was $185,000, up 8.5%
Prices
from $170,500 in November of 2016 and up 5.1% from
240
The
Median last
Sales
Price in The
November
$185,000,
8.5%
$176,000
month.
Average was
Sales
Price in up
November
was
220
from
$170,500
in
November
of
2016
and
up
5.1%
from
240
$194,052, up 3.2% from $187,989 in November of 2016 and
$176,000
last from
month.
The Average
Sales Price
in November
was was
down 0.1%
$194,218
last month.
November
2017 ASP
200
220
$194,052, up 3.2% from $187,989 in November of 2016 and
at the highest level compared to November of 2016 and 2015.
down 0.1% from $194,218 last month. November 2017 ASP was 200 180
at the highest level compared to November of 2016 and 2015.
3 Mo Avg
Number of Properties Sold
150
-8%
7%
9%
-13%
0%
150
200
1%
8%
-8%
7%
10% -8%
-13% 7%
0% 9%
2.4 -12% -15% -25% -28%
3.0 -13%
-13%
of 95.5%
Properties
95.9% .7% .3% -.2% Number
.7%
0% Sold 0%
November Sale Price vs List Price Ratio
250
9%
-3%
60
10%
$109
3,124
1%
12%
60 $102
-8%
-28% $109
3.0
7%
.7% $102 95.5%
10%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
November Month's Supply of Inventory
of 3,124 are running 1.4% ahead of last year's year-to-date sales
of 3,082.
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
City: Lakeland
November 2017
Median Sales Price and Average Sales Price
3 Mo Avg
180 160
160 140
140 120
120 100
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 M 16 A 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
800
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
7.0
Inventory
& MSI of Properties available for sale as of
The Total Inventory
1,400
The
Total Inventory
of down
Properties
sale
as