Market Action Report March 2017
Community Information | School District
Market Action Report March 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 |
$ 260,000 |
4 % |
|
13 % |
|
|
|
|
Average List Price of all Current Listings |
$ 355,152 |
5 % |
|
17 % |
|
|
|
|
March Median Sales Price |
$ 208,000 |
2 % |
4 % |
21 % |
9 % |
$ 201,330 |
17 % |
6 % |
March Average Sales Price |
$ 221,538 |
3 % |
3 % |
12 % |
7 % |
$ 216,422 |
11 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
1,754 |
-8% |
|
-23% |
|
|
|
|
March Number of Properties Sold |
647 |
51 % |
|
22 % |
|
1,493 |
10 % |
|
March Average Days on Market ( Solds ) |
76 |
-8% |
-1% |
-7% |
3 % |
77 |
-4% |
4 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 127 |
5 % |
3 % |
8 % |
9 % |
$ 124 |
9 % |
6 % |
March Sold Price per Square Foot |
$ 111 |
1 % |
1 % |
10 % |
6 % |
$ 110 |
10 % |
5 % |
March Month ' s Supply of Inventory |
2.7 -39% -32% -37% -34% |
4.0 |
-23% |
-3% |
March Sale Price vs List Price Ratio |
94.9 % |
. 0 % |
. 2 % |
1.3 % |
. 4 % |
94.7 % |
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 |
March Property sales were 647 , up 22.3 % from 529 in March of |
2016 and 50.8 % higher than the 429 sales last month . March |
600 |
Property
2017 sales Sales were at their highest level compared to March of 2016
700
|
March and 2015 Property . March sales YTD were sales 647 , of up 1,493 22.3 % are from running 529 in 10.3 March % ahead of of |
500 |
2016 last and year 50.8 ' s year-to-date % higher than sales the of 429 1,353 sales . last month . March
2017 sales were at their highest level compared to March of 2016
|
600 |
400 |
and 2015 . March YTD sales of 1,493 are running 10.3 % ahead of |
500 |
|
last year ' s year-to-date sales of 1,353 . |
|
300 |
|
400 |
|
|
|
200 |
|
300 |
|
|
200 |
100 |
Lake County
Agent Name
Title Phone Website Other
Community Information | School District
Number of Properties Sold
469 522 503 479 491 456 466 427 540 354 467 577 585 571 581 616 546 555 504 380 517 384 440 529 552 604 625 575 617 549 471 458 530 417 429 647
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 2,337
A
14
469 522 503 479 491 456 466 427
J A S O N D J
15
540 354 467
Number of Properties Sold
0
100 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
0 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 M Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in March was $ 208,000 , up 20.9 % from
250
Prices $ 172,000 in March of 2016 and up 2.0 % from $ 204,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 208,000 was , up $ 221,538 20.9 % from , up
240
250 $ 11.7 172,000 % from in March $ 198,282 of 2016 in March and up of 2.0 2016 % from and $ up 204,000 2.5 % from last 230 month . The Average Sales Price in March $ 221,538 , up
240
$ 216,124 last month . March 2017 ASP was at the highest level 220 11.7 % from $ 198,282 in March of 2016 and up 2.5 % from 230 compared to March of 2016 and 2015 .
210
$ 216,124 last month . March 2017 ASP was at the highest level 220 200 compared to March of 2016 and 2015 . 210
190 200
180 190
170 180
160
170 160
150
150 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 M
14 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 F M
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 March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,754 Inventory , down 8.2 of % Properties from 1,911 available last month for sale and as down of March 22.7 % 3,000
9.0 was from 1,754 2,270 , down in March 8.2 % from of last 1,911 year last . March month 2017 and down Inventory 22.7 % was at 3,000
9.0 8.0 2,500 from its lowest 2,270 level in March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at
8.0 7.0 2,500 its lowest level compared with March of 2016 and 2015 . 2,000
7.0 6.0
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 March 2017 MSI of 2.7 2.0 higher MSI is better for buyers . The March 2017 MSI of 2.7 500
2.0 months was at its lowest level compared with March of 2016 and 500
1.0 months was at its lowest level compared with March of 2016 and
1.0 2015 .
0 0.0
2015 . 0
0.0 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
M J F M A M J
F M A M J F M
14 15
16
17
2,716 2,685 2,671 2,720 2,778 2,845 2,852 2,806 2,736
577 585 571 581 616 546 555 504
2,281 2,320 2,329 2,362 2,275 2,301 2,290 2,270 2,165 2,057 2,059 1,936 2,017 2,084 2,121
J A S O N D J
16
380 517 384 440
2,708 2,613 2,539 2,488 2,444 2,374 2,337 2,281 2,320 2,329 2,362 2,275 2,301 2,290 2,270 529 552 604 625 575 617 549
2,101 2,024 1,993 1,911
1,754
J A S O N D J 17
3 Mo Avg
471 458 530
2,165 2,057 2,059 1,936 2,017 2,084 2,121 2,101 2,024 1,993
3 Mo Avg
417 429
1,911 1,754
647
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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 .