FL ARCHIVED February 2018 | Page 72

Market Action Report February 2018
Community Information | School District
Market Action Report February 2018

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
$ 226,900
3 %
13 %
Average List Price of all Current Listings
$ 277,354
4 %
15 %
February Median Sales Price
$ 185,000
-1%
0 %
13 %
6 %
$ 185,250
14 %
6 %
February Average Sales Price
$ 194,281
-1%
0 %
11 %
5 %
$ 194,743
13 %
5 %
Total Properties Currently for Sale ( Inventory )
2,699
-7%
-20%
February Number of Properties Sold
757
13 %
4 %
1,426
-0%
February Average Days on Market ( Solds )
68 -11% -4%
-9%
-4%
72
1 %
1 %
Asking Price per Square Foot ( based on New Listings )
$ 116
0 %
1 %
13 %
7 %
$ 116
12 %
7 %
February Sold Price per Square Foot
$ 104
0 %
0 %
10 %
3 %
$ 104
9 %
3 %
February Month ' s Supply of Inventory
3.6 -18% -4% -23%
-3%
4.0
-17%
8 %
February Sale Price vs List Price Ratio
95.4 %
. 5 %
. 1 %
1.2 %
. 2 %
95.2 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1,200 February Property sales were 757 , up 4.0 % from 728 in February of 2017 and 13.2 % higher than the 669 sales last Property Sales
1,000 month . February 2018 sales were at their highest level 1,200 February Property sales were 757 , up 4.0 % from 728 in compared to February of 2017 and 2016 . February YTD sales of February of 2017 and 13.2 % higher than the 669 sales last
800
1,426 are running 0.2 % behind last year ' s year-to-date sales of 1,000 month . February 2018 sales were at their highest level 1,429 . compared to February of 2017 and 2016 . February YTD sales of
800 600
1,426 are running 0.2 % behind last year ' s year-to-date sales of 1,429 .
600 400

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

400
200
0
200
Number of Properties Sold
0
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
16
17
18
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
Median
16 Sales Price and Average
17 Sales Price
18
3 Mo Avg
Median Sales Price and Average Sales Price
777 846 829 953 881 826 811 794 651 840 588 729 856 903 894 974 888 973 865 838 812 873 701 728 984 881 1,063 1,099 934 1,026 704 837 881 886 669 757
M
15
777 846 829 953
Prices
The Median Sales Price in February was $ 185,000 , up 12.8 %
Prices from $ 164,044 in February of 2017 and down 0.8 % from
The
$ 186,500 Median last Sales month Price . in The February Average was Sales $ 185,000 Price , in up February 12.8 % was
200 from
$ 194,281 $ 164,044 , up 11.1 in February % from $ of 174,861 2017 and in February down 0.8 % of from 2017 and down
$ 186,500 last month . The Average Sales Price in February was
190
0.5 % from $ 195,266 last month . February 2018 ASP was at the
$ 194,281 , up 11.1 % from $ 174,861 in February of 2017 and down
180 highest level compared to February of 2017 and 2016 .
0.5 % from $ 195,266 last month . February 2018 ASP was at the
170 highest level compared to February of 2017 and 2016 .
160
150
200
190
180
170
160
150
140
3 Mo Avg
140
130
130
120
120
110
110
100
100
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
15 M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F
18
15
16
17
18
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
February Total Inventory was 2,699 of , Properties down 7.3 % available from 2,911 for sale last as month of and down
4,500
7.0
February was 2,699 , down 7.3 % from 2,911 last month and down
4,500
7.0
19.9 % from 3,371 in February of last year . February 2018
4,000
6.0
19.9 % from 3,371 in February of last year . February 2018
4,000
Inventory was at its lowest level compared with February of
3,500
6.0
Inventory was at its lowest level compared with February of
3,500
5.0
2017 and 2016 .
3,000
5.0
2017 and 2016 .
3,000
2,500
4.0
2,500
4.0
2,000
3.0
2,000
3.0
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
2.0 higher MSI is better for buyers . The February 2018 MSI of 3.6
1,000
2.0 higher MSI is better for buyers . The February 2018 MSI of 3.6
1,000 months was at its lowest level compared with February of 2017
500
1.0 months was at its lowest level compared with February of 2017
500
1.0
, Flagler County Association and and 2016
2016 of REALTORS .
. , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association
0
0 , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant 0.0real estate activity
0.0 . C
M
A
M AJ
MJ AJ
SJ OA NS DO JN FDM JA FM MJ
AJ MA JS JO AN DS OJ
NF MD AJ
MF JM JA AM SJ
OJNAD SJ
OF N D J
F
15
15
16
16
17
17
18
18
881 826 811 794 651
4,122 4,122 4,065 4,007 3,892 3,808 3,851 3,791 3,747
4,122 4,122 4,065 4,007 3,892 3,808 3,851 3,791 3,747 3,592 3,717 3,665 840 588
Number of Properties Sold
729 856 903 894 974 888 973 865 838 812 873 701
3,592 3,717 3,665 3,583 3,507 3,413 3,362 3,396 3,490 3,575 3,519 3,561 3,461 3,432 3,371 728 984
3,583 3,507 3,413 3,362 3,396 3,490 3,575 3,519 3,561 3,461 3,432 3,371 3,290 3,243 3,222 3,247 3,210 3,244 881 1,063 1,099 934
3 Mo Avg
1,026 704
3,214 3,039 2,963 2,835 2,911 2,699
837
3,290 3,243 3,222 3,247 3,210 3,244 3,214 3,039 2,963
881 2,835
3 Mo Avg
886 669
2,911 2,699
757
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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