FL ARCHIVED January 2017 | Page 164

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

County : Lake

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
$ 255,000
2 %
13 %
Average List Price of all Current Listings
$ 342,470
1 %
18 %
January Median Sales Price
$ 194,000
-3%
-1%
8 %
2 %
$ 194,000
8 %
2 %
January Average Sales Price
$ 208,796
-0%
0 %
5 %
0 %
$ 208,796
5 %
0 %
Total Properties Currently for Sale ( Inventory )
1,884
-5%
-18%
January Number of Properties Sold
417 -21%
9 %
417
9 %
January Average Days on Market ( Solds )
74
-1%
6 %
-4%
0 %
74
-4%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 127
7 %
5 %
12 %
8 %
$ 127
12 %
8 %
January Sold Price per Square Foot
$ 108
1 %
0 %
8 %
3 %
$ 108
8 %
3 %
January Month ' s Supply of Inventory
4.5
21 %
6 %
-25%
10 %
4.5
-25%
10 %
January Sale Price vs List Price Ratio
94.3 %
-. 5 % -. 3 %
. 5 %
-. 3 %
94.3 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
700
January Property sales were 417 , up 8.6 % from 384 in January
of 2016 and 21.3 % lower than the 530 sales last month . January
600
Property
2017 sales Sales were at their highest level compared to January of
700
January
2016 and Property 2015 . sales January were YTD 417 , sales up 8.6 of % 417 from are 384 running January 8.6 %
500
of ahead 2016 and of last 21.3 year % lower ' s year-to-date than the 530 sales sales of last 384 month . . January
2017 sales were at their highest level compared to January of
600
400
2016 and 2015 . January YTD sales of 417 are running 8.6 %
500
ahead of last year ' s year-to-date sales of 384 .
300
400
200
300
200
100

Lake County

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
367 468 469 522 503 479 491 456 466 427 540 354 467 577 585 571 581 616 546 555 504 380 517 384 440 529 552 604 625 575 617 549 471 458 530 417
2,731 2,705 2,716 2,685 2,671 2,720 2,778 2,845 2,852 2,806 2,736 2,708 2,613 2,539 2,488 2,444 2,374 2,336
F
14
367 468 469 522 503 479 491 456 466 427
J A S O N D J 15
540
Number of Properties Sold
0
100 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
0 14 15
16 17
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in January was $ 194,000 , up 8.4 % from
250
Prices $ 179,000 in January of 2016 and down 3.0 % from $ 200,000 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in January Sales Price was $ in 194,000 January , up was 8.4 $ % 208,796 from ,
240
250 $ up 179,000 5.3 % in from January $ 198,343 of 2016 in January and down of 3.0 2016 % from and $ down 200,000 0.2 % from 230 last month . The Average Sales Price in January was $ 208,796 ,
240
$ 209,200 last month . January 2017 ASP was at the highest 220 up 5.3 % from $ 198,343 in January of 2016 and down 0.2 % from 230 level compared to January of 2016 and 2015 .
210
$ 209,200 last month . January 2017 ASP was at the highest 220 200 level compared to January of 2016 and 2015 . 210
190 200
180 190
170 180
160
170 160
150
150 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
14 A M J J A 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
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 January Total Inventory was 1,884 of , down Properties 4.9 % available from 1,982 for last sale month as of and down 3,000
9.0
January 18.2 % from was 1,884 2,302 , down in January 4.9 % from of last 1,982 year last . January month and 2017 down 3,000
9.0 8.0 2,500
18.2 Inventory % from 2,302 was at in its January lowest of level last compared year . January with 2017 January of 2016
8.0 7.0
2,500 Inventory and 2015 was . at its lowest level compared with January of 2016 2,000
7.0 6.0 and 2015 . 2,000
6.0 5.0 1,500
5.0 1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
4.0 3.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 3.0 higher MSI is better for buyers . The January 2017 MSI of 4.5 2.0 higher MSI is better for buyers . The January 2017 MSI of 4.5 500 2.0 months was at its lowest level compared with January of 2016 500 1.0 months was at its lowest level compared with January of 2016 1.0 and 2015 . 0
0.0 and 2015 .
0
0.0 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
M A J F M A M J
F M A M J 14
15 16
17
2,731 2,705 2,716 2,685 2,671 2,720 2,778 2,845 2,852
354 467 577 585 571 581 616 546 555 504
2,281 2,320 2,329 2,362 2,275 2,302 2,289 2,270 2,165 2,056 2,058 1,934 2,014 2,074 2,109
J A S O N D J
16
380 517
2,806 2,736 2,708 2,613 2,539 2,488 2,444 2,374 2,336 2,281 2,320 2,329 2,362 2,275 2,302 384 440 529 552 604 625 575
3 Mo Avg
617
2,080 1,982 1,884
J A S O N D J
17
549 471
2,289 2,270 2,165 2,056 2,058 1,934 2,014 2,074 2,109 2,080
3 Mo Avg
458 530
1,982 1,884
417
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
164 | c o l d w e l l b a n k e r h o m e s . c o m
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 .