FL ARCHIVED January 2017 | Page 39

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

City : Lakeland

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
5 %
20 %
Average List Price of all Current Listings
$ 265,539
7 %
21 %
January Median Sales Price
$ 166,000
-1%
-1%
13 %
3 %
$ 166,000
13 %
3 %
January Average Sales Price
$ 179,567
0 %
-2%
12 %
1 %
$ 179,567
12 %
1 %
Total Properties Currently for Sale ( Inventory )
774
-8%
-21%
January Number of Properties Sold
230 -21%
4 %
230
4 %
January Average Days on Market ( Solds )
63
-9%
2 %
-6%
-3%
63
-6%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 107
5 %
2 %
10 %
5 %
$ 107
10 %
5 %
January Sold Price per Square Foot
$ 97
-1%
-1%
13 %
3 %
$ 97
13 %
3 %
January Month ' s Supply of Inventory
3.4
17 %
8 %
-24%
1 %
3.4
-24%
1 %
January Sale Price vs List Price Ratio
95.1 %
. 3 %
-. 2 % 2.0 %
-. 1 %
95.1 %
2 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
350 January Property sales were 230 , up 4.1 % from 221 in January of 2016 and 21.2 % lower than the 292 sales last month . January 300 Property 2017 sales
Sales were at their highest level compared to January of 350 January Property sales were 230 , up 4.1 % from 221 in January 2016 and 2015 . January YTD sales of 230 are running 4.1 % 250 of 2016 and 21.2 % lower than the 292 sales last month . January 300 ahead of last year ' s year-to-date sales of 221 . 2017 sales were at their highest level compared to January of 200 2016 and 2015 . January YTD sales of 230 are running 4.1 % 250 ahead of last year ' s year-to-date sales of 221 .
150
200

Lakeland

Agent Name
Title Phone Website Other

Community Information | School District

100
150 100 50 0
50
Number of Properties Sold
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
180 221 262 264 234 231 231 220 261 190 252 182 205 281 283 297 313 301 277 253 255 208 261 221 225 307 277 280 306 300 302 301 280 283 292 230
F
14
180 221 262 264 234 231
Prices
The Median Sales Price in January was $ 166,000 , up 12.9 %
Prices from $ 147,000 in January of 2016 and down 1.0 % from
The
$ 167,740 Median last Sales month Price . in The January Average was Sales $ 166,000 Price , in up January 12.9 % was
200 from
$ 179,567 $ 147,000 , up 11.5 in January % from of $ 161,018 2016 and in down January 1.0 % of from 2016 and up
$ 167,740 last month . The Average Sales Price in January was
190
0.4 % from $ 178,855 last month . January 2017 ASP was at the
$ 179,567 , up 11.5 % from $ 161,018 in January of 2016 and up
180 highest level compared to January of 2016 and 2015 .
0.4 % from $ 178,855 last month . January 2017 ASP was at the
170 highest level 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
The
January Total Inventory was 774 , down of Properties 7.5 % from available 837 last for month sale as of and down
1,400
January was 774 , down 7.5 % from 837 last month and down
1,400
20.9 % from 978 in January of last year . January 2017 Inventory
1,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
20.9 was % at from its lowest 978 in level January compared of last year with . January 2017 of 2016 Inventory and 2015
1,200 .
6.0 was at its lowest level compared with January of 2016 and 2015 .
1,000
1,000
5.0
800
800
4.0
600
600
3.0
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The January 2017 MSI of 3.4
400
2.0 higher MSI is better for buyers . The January 2017 MSI of 3.4 months was at its lowest level compared with January of 2016
200 months was at its lowest level compared with January of 2016
200
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
5.0
4.0
3.0
2.0
1.0
0.0
231 220 261
1,184 1,180 1,158 1,146 1,146 1,186 1,218 1,220 1,188 190 252
1,184 1,180 1,158 1,146 1,146 1,186 1,218 1,220 1,188 1,166 1,118 1,128 1,140 1,098 1,114 1,067 1,073 1,047
Number of Properties Sold
182 205 281 283 297 313 301
1,166 1,118 1,128 1,140 1,098 1,114 1,067 1,073 1,047
277 253 255 208 261
1,002 1,021 1,034 1,023 953 978 221 225 307 277 280 306 300
3 Mo Avg
302
1,002 1,021 1,034 1,023 953 978 951 932 918 912 911 944 970 959 905 888 837 774 301 280
951 932 918 912 911 944 970 959 905 888
3 Mo Avg
283 292
837 774
230
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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