FL ARCHIVED March 2018 | Page 104

Community Information | School District
Market Action Report March 2018

City : Lakewood Ranch Price Range : All | Properties : SFH - Con

Market Time
160
The average Days On Market ( DOM ) shows how many days the
average Property is on the market before it sells . An upward
140
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
120
Seller ' s market . The DOM for March was 112 , up 6.7 % from 105
100
days last month and up 21.7 % from 92 days in March of last year .
The March 2018 DOM was at a mid level compared with March
80
of 2017 and 2016 .
60
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The March 2018 Selling Price per Square Foot of $ 195 was down 2.7 % from $ 200 last month and up 8.9 % from 179 in March of last year .
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 March 2018 Selling Price vs Original List Price of 92.2 % was down from 94.0 % last month and down from 93.1 % in March of last year .
Inventory / New Listings / Sales 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 March 2018 was 94 , down 13.0 % from 108 last month and down 9.6 % from 104 in March of last year .

Lakewood

Agent NameRanch

Title Phone Website Other

Community Information | School District

Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
40 20
Days On Market for Sold Properties
Selling Price versus Listing Price Ratio
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
15
16
17
18
Inventory / New Listings / Sales
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 Association of REALTORS 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 .
79
0
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
15
16
17
18
Selling Price per Square Foot
3 Mo Avg
250 240 230 220 210 200 190 180 170 160 150
98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 %
500 450 400 350 300 250 200 150 100 50 0
194
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
15
16
17
18
239 211 210 211 213 212
234
Avg Selling Price divided by Avg Listing Price for sold properties during the month
244 230
296 318
94.6 %
344 355 353 343 312 303 303
342 365 368
92
179
93.1 %
408 422 438 405 394 381 378 361
3 Mo Avg
3 Mo Avg
112
195
92.2 %
333
333 356 353 380 368 353
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
15
16
17
18
c o l d w e l l b a n k e r h o m e s . c o m | 53 ciation of REALTORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may