Community Information | School District
Market Action Report April 2018
City : Lakeland Price Range : All | Properties : SFH - Con
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for April was 56 , down 8.2 % from 61 days last month and down 17.6 % from 68 days in April of last year . The April 2018 DOM was at its lowest level compared with April of 2017 and 2016 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The April 2018 Selling Price per Square Foot of $ 113 was up 2.4 % from $ 111 last month and up 12.4 % from 101 in April of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in April 2018 was 395 , up 4.2 % from 379 last month and up 6.8 % from 370 in April of last year .
Lakeland Agent Name
Title Phone Website Other
Days On Market for Sold Properties
90 |
80 |
74 |
70 |
68 |
60 |
56 |
50 |
40 |
30 |
20 |
10 |
0 |
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 |
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
|
Selling Price per Square Foot |
3 Mo Avg |
150 140 130 120 110 100 90 80 70 60 50
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their 98 % original list price . The lower the ratio is below 100 % the more of 97 % a Buyer ' s market exists , a ratio at or above 100 % indicates more 96 % of a Seller ' s market . The April 2018 Selling Price vs Original
95 %
List Price of 96.7 % was up from 95.8 % last month and up from 95.1 % in April of last year .
94 % 93 %
Community Information | School District
92 % 91 % 90 %
90
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
101
Selling Price versus Listing Price Ratio
95.3 % 95.1 %
89 % |
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
Inventory / New Listings / Sales |
1,200
1,000 800 600 400 200
1,083 1,091 1,064 1,020 1,041 1,052
Avg Selling Price divided by Avg Listing Price for sold properties during the month
1,043 977 1,001 973 952 939 932 930
964 990 981 929 921 880 868 882 905 878 869 865 874 883 868 824 778 743
3 Mo Avg
3 Mo Avg
761 741 702
113
96.7 %
709
0
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
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 Association of REAL 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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