FL ARCHIVED January 2017 | Page 37

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 209,000
5 %
16 %
Average List Price of all Current Listings
$ 250,489
3 %
15 %
January Median Sales Price
$ 160,000
-3%
-3%
9 %
0 %
$ 160,000
9 %
0 %
January Average Sales Price
$ 168,224
-2%
-3%
7 %
0 %
$ 168,224
7 %
0 %
Total Properties Currently for Sale ( Inventory )
3,144
-5%
-15%
January Number of Properties Sold
695 -20%
18 %
695
18 %
January Average Days on Market ( Solds )
67 -12% -8% -23% -13%
67
-23%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 106
2 %
2 %
9 %
6 %
$ 106
9 %
6 %
January Sold Price per Square Foot
$ 94
-1%
0 %
13 %
4 %
$ 94
12 %
3 %
January Month ' s Supply of Inventory
4.5
19 %
8 %
-28%
8 %
4.5
-28%
8 %
January Sale Price vs List Price Ratio
94.4 %
-. 5 % -. 6 % 2.1 %
-. 3 %
94.4 %
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 January Property sales were 695 , up 18.2 % from 588 in January of 2016 and 20.2 % lower than the 871 sales last month . January Property Sales
1,000 2017 sales were at their highest level compared to January of 1,200 January Property sales were 695 , up 18.2 % from 588 in January 2016 and 2015 . January YTD sales of 695 are running 18.2 % of 2016 and 20.2 % lower than the 871 sales last month . January 800 ahead of last year ' s year-to-date sales of 588 .
1,000
2017 sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 695 are running 18.2 %
800 600 ahead of last year ' s year-to-date sales of 588 .

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
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
14
15
16
17
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
Median
15 Sales Price and Average
16 Sales Price
17
3 Mo Avg
Median Sales Price and Average Sales Price
576 677 760 793 727 707 721 645 739 578 708 539 603 777 846 829 953 880 826 811 793 651 840 588 729 855 903 894 973 888 973 865 836 811 871 695
F
14
576 677 760 793 727
Prices
The Median Sales Price in January was $ 160,000 , up 8.8 % from
Prices
$ 147,000 in January of 2016 and down 3.2 % from $ 165,350
The last Median month Sales . The Price Average in January Sales Price was $ in 160,000 January , up was 8.8 $ % 168,224 from ,
200
$ up 147,000 7.5 % in from January $ 156,497 of 2016 in January and down of 3.2 2016 % from and down $ 165,350 1.9 % from last month . The Average Sales Price in January was $ 168,224 ,
190
$ 171,476 last month . January 2017 ASP was at the highest level up 7.5 % from $ 156,497 in January of 2016 and down 1.9 % from
180 compared to January of 2016 and 2015 .
$ 171,476 last month . January 2017 ASP was at the highest level
170 compared to January 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
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
M14 A 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
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 3,144 of , down Properties 5.3 % available from 3,319 for last sale month as of and down
4,500
January was 3,144 , down 5.3 % from 3,319 last month and down
4,500
9.0
14.8 % from 3,692 in January of last year . January 2017
4,000
14.8 % from 3,692 in January of last year . January 2017
4,000
8.0
Inventory was at its lowest level compared with January of 2016
3,500
Inventory was at its lowest level compared with January of 2016
3,500
7.0 and 2015 .
3,000 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 January 2017 MSI of 4.5
1,000 higher MSI is better for buyers . The January 2017 MSI of 4.5
1,000
2.0 months was at its lowest level compared with January of 2016
500 months was at its lowest level compared with January of 2016
500
1.0 and and 2015
2015 .
.
0
0
0.0
F
M
AF
M AJ
MJ AJ
SJ OA NS DO JNFDM JA FM MJ
AJ MA JS
OJ AN DS OJ
FN MD AJ
MF JM JA AM S JO JNAD SJ
O N D J
14
14
15
15
16
16
17
17
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
707 721 645 739
4,131 4,102 4,043 4,046 4,037 4,124 4,145 4,209 4,241
578
4,131 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 3,869 3,786 3,824 3,767 3,725 3,566 3,692 3,638
708 539 603 777 846 829 953 880 826 811
4,192 4,060 4,136 4,194 4,106 4,106 4,047 3,988 3,869 3,786 3,824 3,767 793 651 840
3,725 3,566 3,692 588 729 855 903 894 973 888 973
3,554 3,473 3,376 3,323 3,352 3,440 3,516 3,454 3,470 3,319 3,144 865 836
3,638 3,554 3,473 3,376 3,323 3,352 3,440 3,516 3,454 3,470
811 871
3,319 3,144
695
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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