FL ARCHIVED December 2017 | Page 160

Market Action Report
County: Lake
Lake County
Agent Name
Title
Phone
Agent
Name
Website
Title Other
December 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$269,900
Other
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM LY
2%
9%
$375,442 Trending
3% versus*:
14%
Month
LM 3%
L3M 3%
PYM 10%
LY
$220,495
$269,900
2% 2% 3%
9% 15%
$241,008
$375,442 1,690
3% -5% 14% -17%
$220,495 596
3% 14%
3% 10% 12%
16%
$241,008 2%
3%
15%
16%
54 -13% -10% -28%
1,690 $133
-5% 0% -17%
2% 14%
596 14%
12%
$122 2% 1% 14%
54 -13% -10% -28% -27%
2.8 -17% -11% -26%
$133 0% 2% 14% 14%
96.0% .5% .3% 1.3%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
December
Median
Sales Price
Median
List Average
Price of all
Current
December
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
December
Sales
Price
December Median
Number
of Properties
Sold
December
Sales
Price
December Average
Average
Days
on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
December Number of Properties Sold
December Sold Price per Square Foot
December Average Days on Market (Solds)
December Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
December Sale Price vs List Price Ratio
December Sold Price per Square Foot
$122 2% 1% 14%
2.8 -17% -11% -26%
96.0% .5% .3% 1.3%
December 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
December Property sales were 596, up 12.2% from 531 in
December of 2016 and 13.5% higher than the 525 sales last
600
Property
Sales 2017 sales were at their highest level
month. December
700
December
sales were
596, and
up 12.2%
531 in YTD sales 500
compared Property
to December
of 2016
2015. from
December
December
of 2016
and 13.5%
higher of
than
525 year-to-date
sales last
600
of 6,810 are
running
7.5% ahead
last the
year's
sales
400
month.
December 2017 sales were at their highest level
of 6,335.
2.3% from $235,639 last month. December 2017 ASP was at the 220
210
highest level compared to December of 2016 and 2015.
200
190
180
170
160
150
529
250
240
230
220
210
200
190
180
170
160
150
617
Median Sales Price and Average Sales Price
3 Mo Avg
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
15
16
17
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
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
1,500
A comparatively lower MSI is more beneficial for sellers while a 1,000
1,000
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
a 2.8
MSI is better
December
2017 while
MSI of
500
higher
MSI
is better
for buyers.
December
2017
MSI of 2.8
months
was
at its lowest
level Th e
compared
with
December
of 2016 500
months
was
at
its
lowest
level
compared
with
December
of
2016
0
and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
3,000
December
was 1,690,
down 5.4%
from 1,786
last as month
and
The
Total Inventory
of Properties
available
for sale
of
3,000
down 17.4%
December
of last
December
December
was from
1,690, 2,045
down in 5.4%
from 1,786
last year.
month
and
2,500
2017 17.4%
Inventory
at in
its December
lowest level
compared
with December
down
from was
2,045
of last
year. December
2,500
2,000
2017
Inventory
was at its lowest level compared with December
of 2016
and 2015.
2,000
of 2016 and 2015.
1,500
and 2015.
3 Mo Avg
J F M A M J J A S O
N D J F Sales
M A M Price
J J A and
S O Average
N D J F Sales
M A M Price
J J A S O N D
Median
3 Mo Avg
15
16
17
Prices
The Median Sales Price in December was $220,495, up 10.2%
from $200,000 in December of 2016 and up 2.6% from
Prices
The
Median last
Sales
Price in The
December
$220,495,
10.2% was
$215,000
month.
Average was
Sales
Price in up
December
250
from
$200,000
in December
of 2016 and
up 2.6% from
$241,008,
up 15.3%
from $209,061
in December
of 2016 and up
240
$215,000
last $235,639
month. The
Price in 2017
December
was at the
2.3% from
last Average
month. Sales
December
ASP was
$241,008,
up 15.3%
from $209,061
in December
of 2016
and up 230
highest level
compared
to December
of 2016 and
2015.
3 Mo Avg
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
15
16
17
0
0
100
100
200
-12%
9%
10%
-18%
1%
200
300
7% 11%
-12% 10%
14%
$127
9%
6,810
7%
16%
$115
10%
65 -12%
-12%
-32%
3.4 -18%
$127
9%
9%
1.5%
95.4%
1%
300
400
500
$210,000 6,810
11%
$229,510
10%
-27%
65
Number of Properties Sold
compared to December of 2016 and 2015. December YTD sales
of 6,810 are running 7.5% ahead of last year's year-to-date sales
of 6,335.
Trending versus*:
Prior YTD 11%
Prior Year 11%
16% YTD
$210,000
16%
$229,510
10%
10%
16%
$115
10%
10%
-32%
3.4 -18%
-18%
Number of 95.4%
Properties
1.5%
1% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
County: Lake
December 2017
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
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 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
15
16
17
15
16
17
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of County,
Martin County,
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Assoc
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REALTO
160 | c o l d w e l l b a n k e r h o m e s . c o m
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.