FL ARCHIVED April 2017 | Page 39

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

City : Lakeland

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
$ 220,950
5 %
16 %
Average List Price of all Current Listings
$ 276,993
7 %
15 %
April Median Sales Price
$ 161,000
-6%
-3%
7 %
0 %
$ 166,750
11 %
4 %
April Average Sales Price
$ 188,057
2 %
2 %
12 %
6 %
$ 183,911
10 %
4 %
Total Properties Currently for Sale ( Inventory )
784
-9%
-15%
April Number of Properties Sold
276
-7%
-0%
1,040
1 %
April Average Days on Market ( Solds )
68
10 %
5 %
-8%
5 %
65
-12%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 113
5 %
5 %
10 %
11 %
$ 108
9 %
6 %
April Sold Price per Square Foot
$ 101
1 %
2 %
12 %
7 %
$ 99
11 %
5 %
April Month ' s Supply of Inventory
2.8
-2%
-9% -15% -16%
3.3
-13%
-3%
April Sale Price vs List Price Ratio
95.2 %
-. 1 %
. 1 %
-. 3 %
-. 0 %
95.1 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
350 April Property sales were 276 , down 0.4 % from 277 in April of 2016 and 6.8 % lower than the 296 sales last month . April 2017 300 Property sales were
Sales at their lowest level compared to April of 2016 and 350 April Property sales were 276 , down 0.4 % from 277 in April of 2015 . April YTD sales of 1,040 are running 1.0 % ahead of last 250 2016 and 6.8 % lower than the 296 sales last month . April 2017 300 year ' s year-to-date sales of 1,030 . sales were at their lowest level compared to April of 2016 and 200 2015 . April YTD sales of 1,040 are running 1.0 % ahead of last 250 year ' s year-to-date sales of 1,030 .
150
200

Lakeland

Agent Name
Title Phone Website Other

Community Information | School District

100
150 100 50 0
50
Number of Properties Sold
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
14
15
16
17
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
15
Median Sales Price and
16 Average Sales Price
17
3 Mo Avg
Median Sales Price and Average Sales Price
264 234 231 231 220 261 190 252 182 205 281 283 297 313 301 277 253 255 208 261 221 225 307 277 280 306 300 302 301 280 283 293 230 238 296 276
M
14
264 234 231 231 220 261
Prices
The Median Sales Price in April was $ 161,000 , up 7.3 % from
Prices
$ 150,000 in April of 2016 and down 6.4 % from $ 172,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 161,000 April was , up $ 7.3 188,057 % from , up
200
$
12.2 150,000 % from in April $ 167,604 of 2016 in and April down of 2016 6.4 % and from up $ 2.1 172,000 % from last month . The Average Sales Price in April was $ 188,057 , up
190
$ 184,232 last month . April 2017 ASP was at the highest level
12.2 % from $ 167,604 in April of 2016 and up 2.1 % from
180 compared to April of 2016 and 2015 .
$ 184,232 last month . April 2017 ASP was at the highest level
170 compared to April 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
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
14J
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
A17
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 784 , Inventory down 9.0 of % Properties from 862 last available month for and sale down as of 14.9 April % from
1,400 was 784 , down 9.0 % from 862 last month and down 14.9 % from
1,400
921 in April of last year . April 2017 Inventory was at its lowest
1,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
921 level in April compared of last with year April . April of 2017 2016 Inventory and 2015 was . at its lowest
1,200
6.0 level compared with April of 2016 and 2015 .
1,000
1,000
5.0
800
800
4.0
600
600
3.0
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The April 2017 MSI of 2.8
400
2.0 higher MSI is better for buyers . The April 2017 MSI of 2.8 months was at its lowest level compared with April of 2016 and
200 months was at its lowest level compared with April of 2016 and
200
1.0
2015
2015 .
.
0
0
0.0
M
J
MJ
AJ
SJ OA NS DO JN FD MJ
AFMM
J AJMA JS JO AN SD OJ
NF MD AJ
MF MJ
JA AM SJ
OJ NA DS J
OF NM DA
J
F M A
14
14
15
15
16
16
17
17
5.0
4.0
3.0
2.0
1.0
0.0
190 252 182
1,146 1,146 1,186 1,218 1,220 1,188 1,166 1,118 1,128 205 281
1,146 1,146 1,186 1,218 1,220 1,188 1,166 1,118 1,128 1,140 1,098 1,114 1,066 1,072 1,047
Number of Properties Sold
283 297 313 301 277 253 255 208 261 221 225
1,002 1,021 1,034 1,023 955 980 953 934 921 917 918 952 980 972 919 909 869 850 857 862
307
1,140 1,098 1,114 1,066 1,072 1,047 1,002 1,021 1,034 1,023 955 980 953 934 921 277 280 306 300 302 301 280
3 Mo Avg
283
784 293 230
917 918 952 980 972 919 909 869 850 857
3 Mo Avg
238 296
862 784
276
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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