FL ARCHIVED June 2017 | Page 42

Market Action Report
City: Winter Haven
Winter Haven
June 2017
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
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 June was 61, down 6.2% from 65
days last month and down 6.2% from 65 days in June of last
year. The June 2017 DOM was at its lowest level compared with
June of 2016 and 2015.
3 Mo Avg
120
100
92
80
65
61
60
40
20
0
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Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
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direction of Property values. Since Median Sales Price and
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Average Sales price can be impacted by the 'mix' of high or low
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end Properties in the market, the selling price per square foot is a
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more normalized indicator on the direction of Property values.
The June 2017 Selling Price per Square Foot of $94 was down
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1.4% from $95 last month and up 10.4% from 85 in June of last
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year.
70
65
60
55
50
3 Mo Avg
94
85
70
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Selling Price versus Listing Price Ratio
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
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The June 2017 Selling Price vs Original List
Price of 95.7% was equal to 95.7% last month and up from 94.2%
in June of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
97%
96%
95%
94%
93%
92%
91%
90%
89%
88%
87%
95.7%
94.2%
92.7%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
300
400
500
600
700
800
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 June 2017 was 214, up 3.4% from 207 last month and up
20.9% from 177 in June of last year.
200
100
0
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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 o