FL ARCHIVED February 2017 | Page 37

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

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
$ 210,000
4 %
14 %
Average List Price of all Current Listings
$ 252,048
3 %
13 %
February Median Sales Price
$ 164,000
2 %
-1%
9 %
3 %
$ 162,000
9 %
1 %
February Average Sales Price
$ 174,798
4 %
1 %
10 %
4 %
$ 171,629
9 %
2 %
Total Properties Currently for Sale ( Inventory )
3,073
-7%
-16%
February Number of Properties Sold
719
3 %
-1%
1,417
8 %
February Average Days on Market ( Solds )
75
12 %
1 %
-14%
-3%
71
-18%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 106
1 %
2 %
8 %
6 %
$ 106
9 %
6 %
February Sold Price per Square Foot
$ 95
1 %
0 %
12 %
5 %
$ 95
13 %
4 %
February Month ' s Supply of Inventory
4.3 -10% -0% -14%
2 %
4.5
-20%
8 %
February Sale Price vs List Price Ratio
94.3 %
-. 1 % -. 5 % 1.4 %
-. 4 %
94.3 %
2 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200 February Property sales were 719 , down 1.4 % from 729 in February of 2016 and 3.0 % higher than the 698 sales last Property Sales
1,000 month . February 2017 sales were at a mid level compared to 1,200 February Property sales were 719 , down 1.4 % from 729 in February of 2016 and 2015 . February YTD sales of 1,417 are February of 2016 and 3.0 % higher than the 698 sales last
800 running 7.6 % ahead of last year ' s year-to-date sales of 1,317 . 1,000 month . February 2017 sales were at a mid level compared to February of 2016 and 2015 . February YTD sales of 1,417 are
800 600 running 7.6 % ahead of last year ' s year-to-date sales of 1,317 .

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

600 400
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
400 200
200
0
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
14
15
16
17
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
15 Sales Price and Average
16 Sales Price
17
3 Mo Avg
Median Sales Price and Average Sales Price
677 760 793 727 707 721 645 739 578 708 539 603 777 846 829 953 880 826 811 793 651 840 588 729 855 903 894 973 888 973 865 836 811 872 698 719
M
14
677 760 793 727 707
Prices
The Median Sales Price in February was $ 164,000 , up 9.4 %
Prices from $ 149,900 in February of 2016 and up 2.5 % from
The
$ 160,000 Median last Sales month Price . in The February Average was Sales $ 164,000 Price , in up February 9.4 % was
200 from
$ 174,798 $ 149,900 , up 10.5 in February % from of $ 158,208 2016 and in up February 2.5 % from of 2016 and up
$ 160,000 last month . The Average Sales Price in February was
190
3.8 % from $ 168,365 last month . February 2017 ASP was at the
$ 174,798 , up 10.5 % from $ 158,208 in February of 2016 and up
180 highest level compared to February of 2016 and 2015 .
3.8 % from $ 168,365 last month . February 2017 ASP was at the
170 highest level compared to February of 2016 and 2015 .
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
14 M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F
17
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
February Total Inventory was 3,073 of , Properties down 6.9 % available from 3,301 for sale last as month of and
4,500
February was 3,073 , down 6.9 % from 3,301 last month and
4,500
9.0 down 15.6 % from 3,641 in February of last year . February 2017
4,000 down 15.6 % from 3,641 in February of last year . February 2017
4,000
8.0
Inventory was at its lowest level compared with February of
3,500
Inventory was at its lowest level compared with February of
3,500
7.0
2016 and 2015 .
3,000
2016 and 2015 .
3,000
2,500
6.0
2,500
5.0
2,000
2,000
4.0
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
3.0 higher MSI is better for buyers . The February 2017 MSI of 4.3
1,000 higher MSI is better for buyers . The February 2017 MSI of 4.3
1,000
2.0 months was at its lowest level compared with February of 2016
500 months was at its lowest level compared with February of 2016
500
1.0 and and 2015
2015 .
.
0
0
0.0
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
14
14
15
15
16
16
17
17
721 645 739 578
4,102 4,043 4,046 4,037 4,124 4,145 4,209 4,241 4,192
708
4,102 4,043 4,046 4,037 4,124 4,145 4,209 4,241 4,192 4,060 4,136 4,194 4,106 4,106 4,047 3,988 3,870 3,788 3,826 3,769 3,727 3,569 3,695 3,641
539 603 777 846 829 953 880 826 811 793
4,060 4,136 4,194 4,106 4,106 4,047 3,988 3,870 3,788 3,826 3,769 3,727 651 840 588
3,569 3,695 3,641 729 855 903 894 973 888 973 865
3,558 3,477 3,383 3,330 3,360 3,450 3,528 3,467 3,497 3,380 3,301 3,073 836 811
3,558 3,477 3,383 3,330 3,360 3,450 3,528 3,467 3,497 3,380
872 698
3,301 3,073
719
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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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