FL ARCHIVED April 2017 | Page 128

LAKE 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
$ 1,500,000
0 %
-6%
Average List Price of all Current Listings
$ 2,112,748
5 %
3 %
April Median Sales Price
$ 1,180,000
0 %
-16% -13%
$ 1,180,000
-14%
-13%
April Average Sales Price
$ 1,180,000
-7% -16% -16%
$ 1,268,333
-14%
-9%
Total Properties Currently for Sale ( Inventory )
60
3 %
-2%
April Number of Properties Sold
1
-50%
3
-57%
April Average Days on Market ( Solds )
98
-15% -24%
42 %
115
47 %
67 %
Asking Price per Square Foot ( based on New Listings )
$ 310
-57% -10% -10%
-9%
$ 346
10 %
1 %
April Sold Price per Square Foot
$ 262
16 %
19 %
3 %
$ 226
-4%
-11%
April Month ' s Supply of Inventory
60.0
0 %
3 %
97 %
54 %
55.3
70 %
42 %
April Sale Price vs List Price Ratio
92.6 %
6.9 %
. 1 %
1.4 %
86.6 %
-6%
-5%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales April Property sales were 1 , down 50.0 % from 2 in April of 2016 and higher than the 0 sales last month . April 2017 sales were at a mid level compared to April of 2016 and 2015 . April YTD sales of 3 are running 57.1 % behind last year ' s year-to-date sales of 7 .
6
5
4
Number of Properties Sold
3 Mo Avg
3
2
1
Prices The Median Sales Price in April was $ 1,180,000 , down 15.7 % from $ 1,400,000 in April of 2016 and up from $ 0 last month . The Average Sales Price in April was $ 1,180,000 , down 15.7 % from $ 1,400,000 in April of 2016 and up from $ 0 last month . April 2017 ASP was at the lowest level compared to April of 2016 and 2015 .
0
3 Mo Avg
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 -1 14
15 16
17
Median Sales Price and Average Sales Price
3 Mo Avg
2,200 2,000 1,800 1,600
1 1 0 1 0 1 0 0 2 0 2 0 0 5 1 1 0 0 0 0 2 2 1 2 1 1 2 1 0 0 0 0 1 1 0 1
1,400 1,200
Inventory & MSI The Total Inventory of Properties available for sale as of April was 60 , up 3.4 % from 58 last month and down 1.6 % from 61 in April of last year . April 2017 Inventory was at a mid level compared with April of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 60.0 months was at its highest level compared with April of 2016 and 2015 .
1,000
70 60 50 40
70 30 60 20 50 10 40 0 30
20 10 0
30
30 30
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
14
15
16
17
30 33
33 40 41
40 41
Total Inventory & Month ' s Supply of Inventory ( MSI )
45
45 47 47
47 47
44 44
46 46
48 48
46 46
44 44
40 40
34 34
30 30
50 50
52
52 52 54
46 47
M
J
J
A S O N D J
F M A M J
J
A S O N D J
14
15
16
53 61
55
49 51 52
46 50
55 51 50
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
52
54
46 47
53 61
55
49 51 52
46 50
55 51 50
56 56
58 58
F M A 70.0
60.0 50.0 40.0
70.0 30.0 60.0 20.0 50.0 10.0 40.0 0.0 30.0
20.0 10.0 0.0
60
60
F M A M J
J
A S O N D J
F M A
17
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