FL ARCHIVED April 2017 | Page 164

Market Action Report April 2017
Community Information | School District
Market Action Report April 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
$ 265,000
2 %
11 %
Average List Price of all Current Listings
$ 369,585
6 %
16 %
April Median Sales Price
$ 206,897
-1%
2 %
15 %
9 %
$ 203,000
16 %
7 %
April Average Sales Price
$ 215,512
-3%
0 %
3 %
4 %
$ 216,154
8 %
4 %
Total Properties Currently for Sale ( Inventory )
1,723
-5%
-20%
April Number of Properties Sold
611
-6%
11 %
2,109
11 %
April Average Days on Market ( Solds )
70
-8%
-7%
-9%
-5%
75
-5%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 126
-1%
2 %
10 %
8 %
$ 124
8 %
6 %
April Sold Price per Square Foot
$ 110
-1%
0 %
7 %
5 %
$ 110
9 %
5 %
April Month ' s Supply of Inventory
2.8
1 %
-16% -28% -32%
3.7
-23%
-10%
April Sale Price vs List Price Ratio
94.5 %
-. 3 % -. 1 %
. 5 %
-. 1 %
94.6 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Lake County

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
700
April Property sales were 611 , up 10.7 % from 552 in April of
2016 and 6.3 % lower than the 652 sales last month . April 2017
600
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their highest level compared to April of 2016 and
700
April
2015 Property . April YTD sales sales were of 611 2,109 , up 10.7 are % running from 552 10.7 in % April ahead of of last
500
2016 year and ' s year-to-date 6.3 % lower than sales the of 1,905 652 sales . last month . April 2017 sales were at their highest level compared to April of 2016 and
2015 . April YTD sales of 2,109 are running 10.7 % ahead of last year ' s year-to-date sales of 1,905 .
600
500
400
300
400
200
300
200
100
100
0
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 206,897 , up 15.0 % from
Prices
$ 179,900 in April of 2016 and down 0.8 % from $ 208,495 last
The month Median . The Sales Average Price Sales in April Price was in $ 206,897 April was , up $ 215,512 15.0 % from , up 2.8 %
250
$ from 179,900 $ 209,629 in April in of April 2016 of and 2016 down and 0.8 down % from 2.7 $ % 208,495 from $ last 221,529 month . The Average Sales Price in April was $ 215,512 , up 2.8 %
240 last month . April 2017 ASP was at the highest level compared to from $ 209,629 in April of 2016 and down 2.7 % from $ 221,529
230
April of 2016 and 2015 . last month . April 2017 ASP was at the highest level compared to
220
April of 2016 and 2015 .
210
200
190
180
170
160
150
M
J
J
14
250
240
230
220
210
200
190
180
170
160
150
M
M
J
14
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
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
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 A
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 April
The was Total 1,723 Inventory , down 5.0 of % Properties from 1,813 available last month for sale and as down of April 20.4 %
3,000 was from 1,723 2,164 , down in April 5.0 % of from last 1,813 year . last April month 2017 and Inventory down 20.4 was % at its
3,000
2,500 from lowest 2,164 level in April compared of last with year April . of 2017 2016 Inventory and 2015 was . at its
2,500 lowest level compared with April of 2016 and 2015 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
2,000
6.0
1,500
5.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The April 2017 MSI of 2.8 higher MSI is better for buyers . The April 2017 MSI of 2.8
500
2.0 months was at its lowest level compared with April of 2016 and
500 months was at its lowest level compared with April of 2016 and
1.0
2015 .
0
2015 .
0
0.0
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
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
14
15
16
17
14
15
16
17
522 503 479 491 456 466 427 540 354 467 577 585
522 503 479 491 456 466 427 540 354 467 577 585 571 581 616 546 555 504 380 517 384 440 529 552 604 625 575 617 549 471 458 530 417 429 652 611
2,685 2,671 2,720 2,777 2,844 2,851 2,805 2,735 2,707
2,685 2,671 2,720 2,777 2,844 2,851 2,805 2,735 2,707 2,612 2,538 2,487 2,443 2,373 2,336 571 581 616 546 555 504 380 517 384 440 529
2,612 2,538 2,487 2,443 2,373 2,336 2,280 2,319 2,328 2,361 2,274 2,300 2,289 2,269 2,164 552 604
2,280 2,319 2,328 2,361 2,274 2,300 2,289 2,269 2,164 2,057 2,059 1,936 2,017 2,084 2,122 625 575 617 549 471 458
2,102 2,026 1,999 1,926 1,813 1,723 530 417
2,057 2,059 1,936 2,017 2,084 2,122 2,102 2,026 1,999 1,926
429 652
1,813 1,723
611
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
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 .