FL ARCHIVED January 2017 | Page 52

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

City : Lakewood Ranch

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
$ 499,900
0 %
6 %
Average List Price of all Current Listings
$ 667,350
1 %
5 %
January Median Sales Price
$ 368,000
-10% -4%
-3%
-3%
$ 368,000
-3%
-3%
January Average Sales Price
$ 637,028
47 %
39 %
44 %
36 %
$ 637,028
44 %
36 %
Total Properties Currently for Sale ( Inventory )
404
10 %
36 %
January Number of Properties Sold
29 -36%
-22%
29
-22%
January Average Days on Market ( Solds )
93
-8%
7 %
4 %
13 %
93
4 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 214
6 %
0 %
7 %
4 %
$ 214
7 %
4 %
January Sold Price per Square Foot
$ 206
14 %
13 %
14 %
12 %
$ 206
14 %
12 %
January Month ' s Supply of Inventory
13.9
71 %
44 %
74 % 109 %
13.9
74 %
109 %
January Sale Price vs List Price Ratio
93.4 % -1.5% -1.1% -3.5% -. 6 %
93.4 %
-3%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Lakewood Agent Name Ranch Title Phone Website Other

Community Information | School District

12 18 20 22 24 28 39 26 40 27 52 42 39 75 57 57 76 73 52 39 49 42 62 37 42 56 49 62 52 67 62 51 41 53 45 29
101
F 14
93
12 101 98
18 93 84
20
M A M J
14
22 24 28
123 98
84 135
155 123
135 174 39 26
155 214 174
217 225
40 214
27
249 217 241 225
J A S O N D J
15
52 42
Number of Properties Sold
Property Sales
80
January Property sales were 29 , down 21.6 % from 37 in January of 2016 and 35.6 % lower than the 45 sales last month . January
70
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their lowest level compared to January of
January
2016 and Property 2015 . sales January were YTD 29 , down sales 21.6 of 29 % are from running 37 January 21.6 % of behind 2016 and last 35.6 year %' s lower year-to-date than the sales 45 sales of 37 last . month . January
2017 sales were at their lowest level compared to January of
2016 and 2015 . January YTD sales of 29 are running 21.6 % behind last year ' s year-to-date sales of 37 .
80
70
60
50
60
50
40
30
40
20
30
10
20
0
10
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
Prices
14
The Median Sales Price in January was $ 368,000 , down 2.5 %
700
Prices from $ 377,500 in January of 2016 and down 10.2 % from
The
$ 410,000 Median last Sales month Price . in The January Average was Sales $ 368,000 Price , down in January 2.5 % was
650
700 from
$ 637,028 $ 377,500 , up in 44.0 January % from of $ 2016 442,340 and down in January 10.2 % of from 2016 and up
600 $ 410,000 last month . The Average Sales Price in January
650
46.6 % from $ 434,424 last month . January 2017 ASP was at the
550
$ highest 637,028 level , up 44.0 compared % from to $ 442,340 January in of January 2016 and of 2016 2015 and . up
600
500
46.6 % from $ 434,424 last month . January 2017 ASP was at the
550 highest level compared to January of 2016 and 2015 .
450
500
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
450
400
400
350
350
300
300
250
250
F
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
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
The
January Total Inventory was 404 , up of Properties 10.1 % from available 367 last for month sale as and of up 36.5 %
January from 296 was in 404 January , up 10.1 of % last from year 367 . January last month 2017 and Inventory up 36.5 % was
450 at from its highest 296 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . at
400
450
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
14.0
16.0
14.0
12.0
its highest level compared with January of 2016 and 2015 .
350
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The January 2017 MSI of 13.9 higher MSI is better for buyers . The January 2017 MSI of 13.9
100 months was at its highest level compared with January of 2016 months was at its highest level compared with January of 2016
50 and 2015 . and 2015 .
0
300
250
200
150
100
50
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
12.0
10.0
8.0
6.0
4.0
2.0
0.0
J A S O N D J
10.0
8.0
6.0
4.0
2.0
0.0
39 75
259 249
240 241
212
259 211 212
240
214 212
213 211
235 212
245 214
230 213
235 296
245 318
230 344
296 355
353 318 343 344
312 355
303 353
303
343 341 312 364 303 367 303 404 341
F M A M J
15
57 57 76 73 52 39
J A S O N D J
16
49 42 62 37 42
F M A M J
16
56 49 62 52 67 62
J A S O N D J 17
51 364
41 367
3 Mo Avg
53 404
17
45 29
52 | c o l d w e l l b a n k e r h o m e s . c o m
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 .