FL ARCHIVED July 2016 | Page 31

Polk County Community Information | School District

Polk 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
$ 1,399,900
-0%
-6%
Average List Price of all Current Listings
$ 1,751,832
-2%
-7%
July Median Sales Price
$ 1,390,000
-4%
32 %
16 %
$ 1,450,000
30 %
21 %
July Average Sales Price
$ 1,390,000
-1%
32 %
4 %
$ 1,461,000
3 %
10 %
Total Properties Currently for Sale ( Inventory )
31
-6%
-11%
July Number of Properties Sold
2
100 %
5
0 %
July Average Days on Market ( Solds )
397
34 % 596 % 192 %
213
274 %
57 %
Asking Price per Square Foot ( based on New Listings )
$ 191
-42% -25% -42% -47%
$ 280
-26%
-23%
July Sold Price per Square Foot
$ 327
28 % 299 %
61 %
$ 260
22 %
28 %
July Month ' s Supply of Inventory
15.5
0 %
0 %
-56% -21%
29.1
28 %
49 %
July Sale Price vs List Price Ratio
89.6 %
-. 5 % 28.0 %
3.3 %
87.8 %
-5%
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 2 , up 100.0 % from 1 in July of 2015 and higher than the 0 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July YTD sales of 5 are running equal to last year ' s year-to-date sales of 5 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in July was $ 1,390,000 , up 32.4 % from $ 1,050,000 in July of 2015 and up from $ 0 last month . The Average Sales Price in July was $ 1,390,000 , up 32.4 % from $ 1,050,000 in July of 2015 and up from $ 0 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of July was 31 , down 6.1 % from 33 last month and down 11.4 % from 35 in July of last year . July 2016 Inventory was at a mid level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 15.5 months was at its lowest level compared with July of 2015 and 2014 .
0
-1
1,800 1,700 1,600 1,500 1,400 1,300 1,200 1,100 35
20 30
15 25 10 5 20 0
15 10 5 0
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
13
14
15
16
19 19
21 21
24 24
23 23
25 25
24 24
23 23
25 25
Median Sales Price and Average Sales Price
26
26 27 27 27 27 27 27 27
27 27 27 27 27 27 27 23 23
23 23 22
27
32 34 35 35
33
28 30 29 30 32 32 32
3 Mo Avg 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
13
14
15
16
22 27
32 34 35 35
33
28 30 29 30 32 32 32
37 37
35 35
33 33
3 Mo Avg
1,000
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
40
13
14
15
16
40.0
35
30
Total Inventory & Month ' s Supply of Inventory ( MSI )
25 40
A S O N D 13
J
F M A M J
J
A
S O N D
J
14
15
F M A M J
J
A
S O N D
J
16
F M A M J
31 31
J
J
35.0 30.0 25.0
20.0 40.0
15.0 35.0
10.0 30.0
5.0 25.0
0.0 20.0 15.0
10.0 5.0 0.0
0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 2 0 2 1 0 0 2 2 0 0 1 1 1 0 0 2 c o l d w e l l b a n k e r h o m e s . c o m | 31