FL ARCHIVED December 2017 | Page 39

Market Action Report City: Lakeland Lakeland Agent Name December 2017 Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Website Month $235,000 Other Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 2% 24% $286,319 Trending 1% versus*: 20% Month LM -3% L3M -1% PYM 7% LY $180,000 $235,000 2% 24% $195,142 1% -1% 9% $286,319 675 1% -8% 20% -23% $180,000 -3% -1% 7% 12% 272 -5% -7% $195,142 1% -1% 9% 10% 56 -11% -3% -18% 675 -8% -23% $116 4% 4% 15% 272 -5% -7% $107 1% 1% 8% 56 -11% -3% -18% -14% $116 2.5 4% -4% 4% -6% 15% -17% 14% 94.8% -1.1% -.6% $107 1% 1% 8% .0% 13% Average List Price of all Current Listings Market Profile & Trends Overview December Median Sales Price Median List Price of all Current Listings December Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) December Median Sales Price December Number of Properties Sold December Average Sales Price December 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 Sold Sale Price Price vs Square List Price December per Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 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 400 December Property sales were 272, down 7.2% from 293 in 350 December of 2016 and 4.6% lower than the 285 sales last Property Sales 2017 sales were at a mid level compared to 400 month. December 300 December Property sales were 272, down 7.2% from 293 in December of 2016 and 2015. December YTD sales of 3,396 are 350 December of 2016 and 4.6% lower than the 285 sales last 250 running 0.6% ahead of last year's year-to-date sales of 3,375. 3 Mo Avg 3 Mo Avg 277 307 302 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 50 50 100 100 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 Median 15 16 Sales Price and Average 17 Sales Price 3 Mo Avg Prices The Median Sales Price in December was $180,000, up 7.1% Prices from $168,000 in December of 2016 and down 2.7% from 240 The Median last Sales Price in The December $180,000, 7.1% $185,000 month. Average was Sales Price in up December was from $168,000 in December of 2016 in and down 2.7% from and up 240 220 $195,142, up 8.9% from $179,115 December of 2016 $185,000 last $194,052 month. The Price in 2017 December was at the 0.6% from last Average month. Sales December ASP was 220 200 $195,142, up 8.9% from $179,115 in December 2016 2015. and up highest level compared to December of 2016 of and 0.6% from $194,052 last month. December 2017 ASP was at the 200 180 highest level compared to December of 2016 and 2015. -8% 7% 9% -13% 0% 150 150 -14% 60 14% $109 3,396 1% 13% $102 60 -9% -27% $109 2.9 8% -.4% $102 95.4% 9% 9% 1% 8% -9% 8% 9% -8% -13% 7% 0% 9% 200 200 $175,900 10% 3,396 $191,829 8% Number of Properties Sold 250 300 Trending versus*: Prior YTD 10% Prior Year 9% 12% YTD $175,900 10% $191,829 8% 8% 2.5 -4% -6% -17% -27% 2.9 -13% -13% of 95.4% Properties 94.8% -1.1% -.6% .0% Number -.4% 0% Sold 0% December Month's Supply of Inventory month. December 2017 sales were at a mid level compared to December of 2016 and 2015. December YTD sales of 3,396 are running 0.6% ahead of last year's year-to-date sales of 3,375. Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Lakeland December 2017 Median Sales Price and Average Sales Price 3 Mo Avg 180 160 160 140 140 120 120 100 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 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 D 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 Properties sale as of and down December was 675, of down 8.4% available from 737 for last month 1,400 December was 873 675, in down 8.4% from 737 year. last month and down 1,200 22.7% from December of last December 2017