FL ARCHIVED April 2018 | Page 38

Market Action Report April 2018 County: Polk COUNTY POLK Agent Name Title Phone Website Other 3 Mo Avg 400 300 250 200 150 94 19 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 15 16 17 18 Selling Price per Square Foot Selling Price per Square Foot 3 Mo Avg 350 300 Trending versus*: Prior YTD Prior Year Trending versus*: $1,799,636 -7% Trending versus*: 2% Month L3M PYM -100% LY YTD Prior YTD Prior Year $0 LM -100% $1,272,500 21% 21% $1,425,000 $0 -5% 0% 12% -100% $0 -100% -100% $1,799,636 2% 11 -7% 22% 10% $0 0 -100% -100% $1,272,500 0 -100% 21% 21% April Average Sales Price $0 0% -100% $0 -100% -100% April Average Days on Market (Solds) 0 0% -100% 0 -100% -100% Total Properties for Sale (Inventory) 11 316% 22% 47% -57% 10% 48% Asking Price per Currently Square Foot (based on New Listings) $683 $466 9% 1% April of Properties -100% April Number Sold Price per Square Sold Foot $0 0 0% -100% $0 0 -100% -100% April on of Market (Solds) 0 0% 0% 0 -100% -100% -100% April Average Month's Days Supply Inventory 0.0 0% 0% -100% -100% 0.0 -100% Asking Price per Square Foot (based on New Listings) $683 316% 47% -57% 48% $466 9% 1% April Sale Price vs List Price Ratio 0.0% .0% -100.0% 0.0% -100% -100% April Sold per 3 Months Square Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date $0 0% -100% $0 -100% -100% * LM=Last Month Price / L3M=Last / PYM=Same April Month's Supply of Inventory 0.0 0% 0% 0% -100% of Properties 0.0 Sold -100% -100% Number April Sale Price vs List Price Ratio 0.0% .0% -100.0% 0.0% -100% -100% Property Sales 3 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date April Property sales were 0, up from 0 in April of 2017 and higher than the 0 sales last month. April 2018 sales were at 2 their highest level compared to April of 2017 and 2016. April Property Sales 3 YTD sales of 0 are running 100.0% behind last year's year-to- April date Property sales of 3. sales were 0, up from 0 in April of 2017 and 2 higher than the 0 sales last month. April 2018 sales were at 2 their highest level compared to April of 2017 and 2016. April 1 YTD sales of 0 are running 100.0% behind last year's year-to- date sales of 3. 2 272 250 200 150 110 100 3 Mo Avg Number of Properties Sold 3 Mo Avg 90.9% 87.5% 60% 40% Median Sales Price and Average Sales Price 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 1,300 15 16 17 18 -1 1,250 Median Sales Price and Average Sales Price 3 Mo Avg 1,200 1,300 1,150 1,250 1,100 1,200 1,050 1,150 1,000 1,100 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con 8.0 2.0 6.0 0.0 4.0 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 15 16 17 18 6.0 10.0 4.0 8.0 Total Inventory & Month's Supply of Inventory (MSI) 16 14 12 10 16 8 14 6 12 4 10 2 8 0 6 4 2 0 Total Inventory & Month's Supply of Inventory (MSI) 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 15 16 17 18 10.0 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 15 16 17 18 1,000 Inventory & MSI The Total Inventory of Properties available for sale as of April was 11, up 22.2% from 9 last month and up 10.0% from 10 in April of last year. April 2018 Inventory was at its highest level Inventory & MSI compared with April of 2017 and 2016. The Total Inventory of Properties available for sale as of April was 11, up 22.2% from 9 last month and up 10.0% from 10 in April of last year. April 2018 Inventory was at its highest level A comparatively lower MSI is more beneficial for sellers while a compared with April of 2017 and 2016. higher MSI is better for buyers. The April 2018 MSI of 0.0 months was at its highest level compared with April of 2017 and 2016. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2018 MSI of 0.0 months was at its highest level compared with April of 2017 and 2016. Inventory / New Listings / Sales Inventory / New Listings / Sales 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 15 16 17 18 1,050 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 15 16 17 18 0% 20% 0 Prices The Median Sales Price in April was $0, up from $0 in April of 2017 and up from $0 last month. The Average Sales Price in April was $0, up from $0 in April of 2017 and up from $0 last Prices month. April 2018 ASP was at the highest level compared to The Median Sales April of 2017 and Price 2016. in April was $0, up from $0 in April of 2017 and up from $0 last month. The Average Sales Price in April was $0, up from $0 in April of 2017 and up from $0 last month. April 2018 ASP was at the highest level compared to April of 2017 and 2016. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 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 15 16 17 18 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average 140% amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of 120% a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The April 2018 Selling Price vs Original 100% List Price of 0.0% was up from 0.0% last month and down from 80% 87.5% in April of last year. 1 -1 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 15 16 17 18 1 1 0 50 50 45 40 35 30 25 20 15 10 5 0 YTD Average List Price of all Current Listings Market Profile & Trends Overview April Median Sales Price Median List Price of all Current Listings April Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) April Median Sales Price April Number of Properties Sold 350 50 This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in April 2018 was 9, up 200.0% from 3 last month and up 800.0% from 1 in April of last year. April 2018 Title Phone Name Agent Website Title Other Phone Trending versus*: Website LM L3M PYM LY Month Other -5% $1,425,000 12% Market Profile & Trends Overview Price Range: $1,000,000 and Up of | Properties: SFH - Con Median List Price all Current Listings 450 100 The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The April 2018 Selling Price per Square Foot of $0 was up from $0 last month and down 100.0% from 272 in April of last year. Agent Name The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for April was 0, up from 0 days last month and down 100.0% from 19 days in April of last year. The April 2018 DOM was at a mid level compared with April of 2017 and 2016. City: Lakeland LAKELAND Market Action Report Price Range: $1,000,000 and Up | Properties: SFH - Con Days On Market for Sold Properties Market Time April 2018 City: Lakeland Information | School District Community Community Information | School District Price Range: $1,000,000 and Up | Properties: SFH - Con Market Action Report 2.0 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | 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 Association of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association, Navarre Area and may not reflect all relevant re 15 16 Board of REALTORS, Emerald Coast Association 17 of REALTORS, Pensacola Association of REALTORS 18 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 Association of REAL 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. 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. 38 | coldwellbankerluxury.com Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con Coldwell Banker Global Luxury ® | 39 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 Association of REA 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.