FL ARCHIVED December 2017 | Page 52

Market Action Report December 2017
Community Information | School District
Market Action Report December 2017

City : Lakewood Ranch

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
$ 489,495
-0%
1 %
Average List Price of all Current Listings
$ 670,825
2 %
3 %
December Median Sales Price
$ 397,500
21 %
4 %
-1%
5 %
$ 381,500
0 %
0 %
December Average Sales Price
$ 411,587
1 %
-9%
-5%
-12%
$ 460,913
0 %
-2%
Total Properties Currently for Sale ( Inventory )
348
-2%
-5%
December Number of Properties Sold
54
4 %
17 %
652
5 %
December Average Days on Market ( Solds )
100
20 %
2 %
1 %
23 %
99
22 %
22 %
Asking Price per Square Foot ( based on New Listings )
$ 209
2 %
0 %
6 %
3 %
$ 201
-1%
-1%
December Sold Price per Square Foot
$ 178
-3%
-4%
-2%
-3%
$ 184
1 %
0 %
December Month ' s Supply of Inventory
6.4
-5%
4 %
-19%
-3%
7.4
12 %
12 %
December Sale Price vs List Price Ratio
93.9 % -1.3% -. 2 %
-. 9 %
-. 1 %
93.4 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Lakewood Agent Name Ranch Title Phone Website Other

Community Information | School District

Property Sales
80
December Property sales were 54 , up 17.4 % from 46 in
December of 2016 and 3.8 % higher than the 52 sales last month .
70
Number of Properties Sold
3 Mo Avg
Property
December Sales 2017 sales were at a mid level compared to December
80
December of 2016 and Property 2015 . sales December were 54 YTD , up 17.4 sales % of from 65246 are in running 5.2 %
December of 2016 and 3.8 % higher than the 52 sales last month .
70 ahead of last year ' s year-to-date sales of 620 .
60
50
December 2017 sales were at a mid level compared to December of 2016 and 2015 . December YTD sales of 652 are running 5.2 % ahead of last year ' s year-to-date sales of 620 .
60
50
40
30
40
20
30
10
20
0
10
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
0
15
16
17
J
F M A M J
Prices
15
The Median Sales Price in December was $ 397,500 , down 0.7 %
700
Prices from $ 400,323 in December of 2016 and up 21.2 % from
The
$ 327,960 Median last Sales month Price . in The December Average was Sales $ 397,500 Price in , down December 0.7 % was
650
700 from
$ 411,587 $ 400,323 , down in 4.9 December % from of $ 432,625 2016 and in up December 21.2 % from of 2016 and
600
$ up 327,960 1.4 % from last month $ 405,831 . The last Average month Sales . December Price in December 2017 ASP was at
650
$ 411,587 , down 4.9 % from $ 432,625 in December of 2016 and
550 the lowest level compared to December of 2016 and 2015 .
600
J
A
S
OMedian N D
J FSales M A MPrice J J Aand
S OAverage N D
J
F Sales M A M Price J
J
A
16
17
Median Sales Price and Average Sales Price
S O N D
3 Mo Avg
3 Mo Avg
up 1.4 % from $ 405,831 last month . December 2017 ASP was at the lowest level compared to December of 2016 and 2015 .
550
500
500
450
450
400
400
350
350
300
300
J
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
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 348 of , down Properties 1.7 % available from 354 for last sale month as of and down
December
5.4 % from was 368 348 in , down December 1.7 % from of last 354 year last . December month and 2017 down
500
5.4
Inventory % from 368 was in at December a mid level of last compared year . December with December 2017 of 2016
400
Inventory and 2015 was . at a mid level compared with December of 2016 and 2015 .
300
A comparatively lower MSI is more beneficial for sellers while
200 a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 6.4 higher months MSI was is better at a mid for level buyers compared . The December with December 2017 MSI of of 2016 6.4
100 months and 2015 was . at a mid level compared with December of 2016 and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
500
14.0
400
12.0
300
10.0
8.0
200
6.0
100
4.0
2.0
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 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
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
42 39 75 57 57 76 73 52 39 49 42 62 38 42 56 49 62 52 67 62 52 41 53 46 31 38 51 52 75 61 58 62 55 63 52 54
249 240
42 249
39 240
75 258
258 239
211 57 239
57 211
210 211
76 210
73 211
213 212
52 213
234
244 39 49
212 230
234
42
296 244
318 62 230
Number of Properties Sold
38
344 296 355
42
318 344
56
353 343
355 49
353 62
312 303
343 52 312
67
303 342
303 365 62 52
368
342 409
303
41 53
365 423
368 439
46 409
31 423
406 394
38 439
51 406
381 378 360
52 394
75
381
332 331
61
378 360
58
354 348
332 62
331 55
354
3 Mo Avg
63
348 52 54
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
52 | c o l d w e l l b a n k e r h o m e s . c o m
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