FL ARCHIVED June 2017 | Page 52

Market Action Report June 2017
Community Information | School District
Market Action Report June 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
$ 504,495
-1%
8 %
Average List Price of all Current Listings
$ 682,578
1 %
10 %
June Median Sales Price
$ 355,000
-12% -5% -17%
-7%
$ 380,500
-5%
0 %
June Average Sales Price
$ 393,751
-12% -7% -23% -16%
$ 467,512
-4%
0 %
Total Properties Currently for Sale ( Inventory )
370
-5%
8 %
June Number of Properties Sold
61 -19%
17 %
308
3 %
June Average Days on Market ( Solds )
91
-9%
-9%
6 %
12 %
104
39 %
28 %
Asking Price per Square Foot ( based on New Listings )
$ 192
-10% -4%
-2%
-5%
$ 202
0 %
0 %
June Sold Price per Square Foot
$ 167
-11% -7% -13%
-9%
$ 184
-2%
0 %
June Month ' s Supply of Inventory
6.1
16 %
-5%
-8%
-9%
8.7
27 %
31 %
June Sale Price vs List Price Ratio
92.6 %
-. 8 % -. 1 %
. 1 %
-1.5%
92.7 %
-2%
-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
June Property sales were 61 , up 17.3 % from 52 in June of 2016 and 18.7 % lower than the 75 sales last month . June 2017 sales
70
Number of Properties Sold
3 Mo Avg
Property were at a mid Sales level compared to June of 2016 and 2015 . June
80
June
YTD Property sales of sales 308 are were running 61 , up 17.3 3.0 % from ahead 52 of in last June year of ' 2016 s year-todate sales of 299 . and 18.7 % lower than the 75 sales last month . June 2017 sales
70 were at a mid level compared to June of 2016 and 2015 . June
60
YTD sales of 308 are running 3.0 % ahead of last year ' s year-todate
60
50
40
sales of 299 .
50
30
40
20
30
10
20
0
10
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in June was $ 355,000 , down 17.4 % from
700
Prices
$ 430,000 in June of 2016 and down 12.3 % from $ 405,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in June Price was in $ 355,000 June was , down $ 393,751 17.4 %, down from
650
700
$
23.3 430,000 % from in June $ 513,696 of 2016 in and June down of 2016 12.3 and % from down $ 405,000 12.2 % from last
600 month . The Average Sales Price in June $ 393,751 , down
650
$ 448,344 last month . June 2017 ASP was at the lowest level
550
23.3 compared % from $ to 513,696 June of in 2016 June and of 2016 2015 and . down 12.2 % from
600
500
$ 448,344 last month . June 2017 ASP was at the lowest level
550 compared to June of 2016 and 2015 .
450
500
3 Mo Avg
450
400
400
350
350
300
300
250
250
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
A
14 S O N D
J
F M
15 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 A
17 M J
14
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 June
The was Total 370 , Inventory down 5.4 of % Properties from 391 last available month for and sale up as 7.9 of % June from 343 was in June 370 , down of last 5.4 year % from . June 391 2017 last Inventory month and was up 7.9 at % its from highest 343 level
500 in compared June of last with year June . June of 2016 2017 Inventory and 2015 . was at its highest level
400 compared with June of 2016 and 2015 .
300
A comparatively lower MSI is more beneficial for sellers while
200 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial June 2017 for sellers MSI while of 6.1 a higher months MSI was is better at a mid for level buyers compared . The June with 2017 June MSI of of 2016 6.1 and
100 months
2015 . was at a mid level compared with June 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
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 J
F M A M J
14
15
16
17
14
15
16
17
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
28 39 26 40 27 52 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
135
28 39
155
135 174
155 214 26 40 27 52 42 39 75
174 217
225 214
249 217
241 225
259 249 240 241
212 259
57 240
211
212 57 76
Number of Properties Sold
73 52 39 49 42 62 38 42 56
212 214
211
213 212 235 214 245 230
213
235 296
245 318
230 344
296 355
353 318
343 344
312 355
303 353
303 343
342 312 303
365 368 303 408 342 423 365 439 368 405
408 391
423 370
439
49 62 52 67 62 52 41 53 46 31 38
405 51
391
3 Mo Avg
52
370 75 61
52 | c o l d w e l l b a n k e r h o m e s . c o m
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 .