FL ARCHIVED April 2016 | Page 33

Polk County Community Information | School District

Polk County Community Information | School District

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
$ 1,474,999
0 %
9 %
Average List Price of all Current Listings
$ 1,747,940
-2%
2 %
April Median Sales Price
$ 1,450,000
-18% #### -19% 914 %
$ 150,000
11 %
5 %
April Average Sales Price
$ 1,450,000
-18% #### -19% 850 %
$ 160,770
10 %
5 %
Total Properties Currently for Sale ( Inventory )
37
19 %
12 %
April Number of Properties Sold
1
0 %
-50%
3
50 %
April Average Days on Market ( Solds )
94
####
7 %
-15%
8 %
88
-5%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 246
-33% -14%
0 %
-31%
$ 287
23 %
-20%
April Sold Price per Square Foot
$ 110
-66% 27 % -47%
35 %
$ 87
10 %
6 %
April Month ' s Supply of Inventory
37.0
19 %
12 % ####
84 %
33.0
100 %
64 %
April Sale Price vs List Price Ratio
90.9 %
#### #### #### -1.9%
93.6 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 1 , down 50.0 % from 2 in April of 2015 and the same as the 1 sales last month . April 2016 sales were at their lowest level compared to April of 2015 and 2014 . April YTD sales of 3 are running 50.0 % ahead of last year ' s year-todate sales of 2 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices
The Median Sales Price in April was $ 1,450,000 , down 18.5 % from $ 1,779,250 in April of 2015 and down 18.3 % from
1,800
$ 1,775,000 last month . The Average Sales Price in April was
1,700
$ 1,450,000 , down 18.5 % from $ 1,779,250 in April of 2015 and
1,600
down 18.3 % from $ 1,775,000 last month . April 2016 ASP was at a mid range compared to April of 2015 and 2014 .
1,500
1,400
Inventory & MSI The Total Inventory of Properties available for sale as of April was 37 , up 19.4 % from 31 last month and up 12.1 % from 33 in April of last year . April 2016 Inventory was at its highest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 37.0 months was at its highest level compared with April of 2015 and 2014 .
0
-1
1,300 1,200 1,100 1,000
40 35
30 40
25 35
20 30
15 25 10 5 20 0
15 10 5 0
M
J
J
A
S
O N D
J
F M A M
J
J
A
S
O N D
J
13
14
15
28 28
M 13
F M A M
J
J
A
S
O N D
J
16
Median Sales Price and Average Sales Price
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
13
14
15
16
25 25
22 22
19 19
21 21
Total Inventory & Month ' s Supply of Inventory ( MSI )
24 24
23 23
25 25
24 24
J
J
A
S O N D
J
14
23 23
25 25
26
26 27 27 27 27 27 27 27
27 27 27 27 27 27 27
23 24 23
28
33 35 36 36
34
29
31 29 30 31 31 31
3 Mo Avg 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 M A
13
14
15
16
23 24 23
28
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
15
16
33 35 36 36
34
29
31 29 30 31 31 31
3 Mo Avg
F M A 40.0
37
37
35.0 30.0 25.0
20.0 40.0
15.0 35.0
10.0 30.0
5.0 25.0
0.0 20.0 15.0
10.0 5.0 0.0
0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 2 0 2 1 0 0 2 2 0 0 1 1 1 c o l d w e l l b a n k e r h o m e s . c o m | 33