LAKEWOOD RANCH
Community Information | School District
Market Time 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 December was 41 , down 56.4 % from 94 days last month and up from 0 days in December of last year . The December 2017 DOM was at its lowest level compared with December of 2016 and 2015 .
Selling Price per Square Foot 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 December 2017 Selling Price per Square Foot of $ 285 was down 14.8 % from $ 334 last month and up from 0 in December of last year .
Selling Price vs Original Listings Price |
The Selling Price vs Original Listing Price reveals the average |
amount that Sellers are agreeing to come down from their |
120 % |
original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more |
100 % |
|
of a Seller ' s market . The December 2017 Selling Price vs
Original List Price of 91.3 % was up from 86.8 % last month and
|
80 % |
up from 0.0 % in December of last year . |
60 % |
Days On Market for Sold Properties
450 400 350 300 250 200
166
150 100
41
50
0 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 15
16
17 Selling Price per Square Foot
3 Mo Avg
450 430 410 390 370 350 330 310 290 270 250
40 % 20 %
375
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
105.0 %
3 Mo Avg
3 Mo Avg
285
91.3 %
Inventory / New Listings / Sales 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 December 2017 was 5 , down 28.6 % from 7 last month and down 37.5 % from 8 in December of last year .
0 % 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 15
16
17
Inventory / New Listings / Sales
80 70 60 50 40 30 20 10 0 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 15
16
17
32 35 35 37 34 36 32 29 31 31 32 35
40 44 45 43 47 46 45 41 38
46
50 55 57
64 71 69 70
65
58 54 52 58 60 61
Coldwell Banker Global Luxury SM | 31