FL ARCHIVED March 2017 | Page 37

Market Action Report March 2017
Community Information | School District
Market Action Report March 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
$ 214,900
5 %
14 %
Average List Price of all Current Listings
$ 256,254
4 %
13 %
March Median Sales Price
$ 165,000
1 %
0 %
6 %
3 %
$ 164,044
9 %
3 %
March Average Sales Price
$ 175,008
0 %
1 %
5 %
4 %
$ 173,038
8 %
2 %
Total Properties Currently for Sale ( Inventory )
3,005
-8%
-16%
March Number of Properties Sold
982
35 %
15 %
2,406
11 %
March Average Days on Market ( Solds )
77
3 %
4 %
-13%
0 %
73
-17%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 106
1 %
1 %
9 %
6 %
$ 105
8 %
5 %
March Sold Price per Square Foot
$ 97
2 %
1 %
9 %
7 %
$ 96
12 %
5 %
March Month ' s Supply of Inventory
3.1 -32% -26% -26% -27%
4.1
-20%
-2%
March Sale Price vs List Price Ratio
94.9 %
. 6 %
. 3 %
1.6 %
. 3 %
94.6 %
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 March Property sales were 982 , up 14.9 % from 855 in March of 2016 and 35.3 % higher than the 726 sales last month . March Property Sales
1,000 2017 sales were at their highest level compared to March of 2016 1,200 March Property sales were 982 , up 14.9 % from 855 in March of and 2015 . March YTD sales of 2,406 are running 10.8 % ahead 2016 and 35.3 % higher than the 726 sales last month . March
800 of last year ' s year-to-date sales of 2,172 .
1,000
2017 sales were at their highest level compared to March of 2016 and 2015 . March YTD sales of 2,406 are running 10.8 % ahead
800 600 of last year ' s year-to-date sales of 2,172 .

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
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
15
16
17
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
Median
15 Sales Price and
16 Average Sales Price
17
3 Mo Avg
Median Sales Price and Average Sales Price
760 794 727 707 721 645 739 578 708 539 603 777 846 829 953 880 826 811 793 651 840 588 729 855 903 894 973 888 973 865 836 811 873 698 726 982
A
14
760 794 727 707 721
Prices
The Median Sales Price in March was $ 165,000 , up 6.5 % from
Prices
$ 155,000 in March of 2016 and up 0.9 % from $ 163,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 165,000 was , up $ 6.5 175,008 % from , up
200
$
5.4 155,000 % from in March $ 166,064 of 2016 in March and up of 0.9 2016 % from and up $ 163,500 0.1 % from last month . The Average Sales Price in March was $ 175,008 , up
190
$ 174,860 last month . March 2017 ASP was at the highest level
5.4 % from $ 166,064 in March of 2016 and up 0.1 % from
180 compared to March of 2016 and 2015 .
$ 174,860 last month . March 2017 ASP was at the highest level
170 compared to March 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
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 M14J
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
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 3,005 Inventory , down 7.6 of % Properties from 3,253 available last month for sale and as of down March 15.6 %
4,500 was 3,005 , down 7.6 % from 3,253 last month and down 15.6 %
4,500
9.0 from 3,559 in March of last year . March 2017 Inventory was at
4,000 from 3,559 in March of last year . 2017 Inventory was at
4,000
8.0 its lowest level compared with March of 2016 and 2015 .
3,500 its lowest level compared with March of 2016 and 2015 .
3,5003,000
7.0
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 March 2017 MSI of 3.1
1,000 higher MSI is better for buyers . The March 2017 MSI of 3.1
1,000
2.0 months was at its lowest level compared with March of 2016 and
500 months was at its lowest level compared with March of 2016 and
500
1.0
2015
2015 .
.
0
0
0.0
A
M AJ
MJ AJ
SJ OA NS DO JN FDMJ
AFMM J
AJ MA JS JO AN SD OJ
NF MD AJ
MF MJ
JA AM SJ
OJ NAD S J
OF NM
D J
F M
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
645 739 578 708
4,044 4,047 4,038 4,125 4,146 4,210 4,242 4,193 4,061
4,044 4,047 4,038 4,125 4,146 4,210 4,242 4,193 4,061 4,137 4,195 4,107 4,107 4,048 3,989 3,871 3,789 3,827 3,770 3,728 3,570 3,696 3,642
539 603 777 846 829 953 880 826 811 793
4,137 4,195 4,107 4,107 4,048 3,989 3,871 3,789 3,827 3,770 3,728 651 840 588 729
3,570 3,696 3,642 3,559 855 903 894 973 888 973 865 836
3,559 3,480 3,386 3,334 3,364 3,458 3,540 3,477 3,514 3,407 3,365 3,253
3,005 811 873
3,480 3,386 3,334 3,364 3,458 3,540 3,477 3,514 3,407 3,365
698 726
3,253 3,005
982
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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