FL ARCHIVED October 2017 | Page 37

Market Action Report October 2017
Community Information | School District
Market Action Report October 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
$ 224,995
3 %
15 %
Average List Price of all Current Listings
$ 270,375
4 %
15 %
October Median Sales Price
$ 176,000
-4%
-1%
7 %
10 %
$ 173,220
10 %
8 %
October Average Sales Price
$ 189,848
-3%
0 %
9 %
12 %
$ 183,300
9 %
9 %
Total Properties Currently for Sale ( Inventory )
2,750 -11%
-22%
October Number of Properties Sold
834
19 %
-0%
8,946
5 %
October Average Days on Market ( Solds )
70
8 %
1 %
-5%
-9%
71
-10%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 111
0 %
2 %
10 %
11 %
$ 107
8 %
7 %
October Sold Price per Square Foot
$ 102
-1%
0 %
9 %
12 %
$ 99
10 %
9 %
October Month ' s Supply of Inventory
3.3 -25% -8% -21% -22%
3.7
-13%
-13%
October Sale Price vs List Price Ratio
95.2 %
-. 5 % -. 3 %
. 0 %
. 6 %
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 October Property sales were 834 , down 0.4 % from 837 in October of 2016 and 19.0 % higher than the 701 sales last month . Property Sales
1,000 October 2017 sales were at a mid level compared to October of 1,200 October Property sales were 834 , down 0.4 % from 837 in 2016 and 2015 . October YTD sales of 8,946 are running 5.2 % October of 2016 and 19.0 % higher than the 701 sales last month . 800 ahead of last year ' s year-to-date sales of 8,505 .
1,000
October 2017 sales were at a mid level compared to October of 2016 and 2015 . October YTD sales of 8,946 are running 5.2 %
800 600 ahead of last year ' s year-to-date sales of 8,505 .

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

600
400
200
0
400
200
Number of Properties Sold
0
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
14
15
16
17
D
J
F M A M J
15
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
Median Sales
16 Price and Average Sales
17 Price
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
578 708 539 603 777 846 829 953 880 826 811 793 651 840 588 729 855 903 894 973 888 973 865 837 811 873 699 728 984 881 1,062 1,098 934 1,025 701 834
N
14
578 708 539 603 777
Prices
The Median Sales Price in October was $ 176,000 , up 6.7 % from
Prices
$ 165,000 in October of 2016 and down 4.2 % from $ 183,750
The last Median month Sales . The Price Average in October Sales Price was $ in 176,000 October , up was 6.7 % $ 189,848 from ,
200
$ up 165,000 9.0 % in from October $ 174,173 of 2016 in October and down of 4.2 2016 % from and down $ 183,750 2.6 % from last month . The Average Sales Price in October was $ 189,848 ,
190
$ 194,988 last month . October 2017 ASP was at the highest level up 9.0 % from $ 174,173 in October of 2016 and down 2.6 % from
180 compared to October of 2016 and 2015 .
$ 194,988 last month . October 2017 ASP was at the highest level
170 compared to October of 2016 and 2015 .
160
150
200
190
180
170
160
150
140
3 Mo Avg
140
130
130
120
120
110
110
100
100
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
14J
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 A17M J
J
A S O
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
October Total Inventory was 2,750 of , down Properties 11.1 % available from 3,095 for sale last as month of and down
4,500
October was 2,750 , down 11.1 % from 3,095 last month and down
4,500
9.0
21.5 % from 3,505 in October of last year . October 2017
4,000
21.5 % from 3,505 in October of last year . October 2017
4,000
8.0
Inventory was at its lowest level compared with October of 2016
3,500
Inventory was at its lowest level compared with October of 2016
3,500
7.0 and 2015 .
3,000 and 2015 .
3,000
2,500
6.0
2,500
5.0
2,000
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 October 2017 MSI of 3.3
1,000 higher MSI is better for buyers . The October 2017 MSI of 3.3
1,000
2.0 months was at its lowest level compared with October of 2016
500 months was at its lowest level compared with October of 2016
500
1.0 and and 2015
2015 .
.
0
0
0.0
N
D NJ
DF MJ
AF
M JA JM AJ
SJ
OAN SDOJ
NF DM JA FM MJ
AJ
MA SJ
OJ NA DS JO FN MD AJ
MF
JMJ AAMS JO
J A S O
14
14
15
15
16
16
17
17
846 829 953 880
4,200 4,068 4,144 4,202 4,114 4,114 4,054 3,996 3,878
4,200 4,068 4,144 4,202 4,114 4,114 4,054 3,996 3,878 3,796 3,835 3,778 826 811
Number of Properties Sold
793 651 840 588 729 855 903 894
3,736 3,579 3,705 3,651 3,572 3,494 3,402 3,353 3,384 3,480 3,563 973 888 973 865
3,796 3,835 3,778 3,736 3,579 3,705 3,651 3,572 3,494 3,402 3,353 3,384 3,480 3,563 3,505 837 811 873 699 728 984
3 Mo Avg
881 1,062
3,505 3,547 3,446 3,421 3,358 3,270 3,224 3,203 3,227 3,174 3,172 3,095
2,750 1,098 934
3,547 3,446 3,421 3,358 3,270 3,224 3,203 3,227 3,174 3,172
3 Mo Avg
1,025 701
3,095 2,750
834
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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