FL ARCHIVED July 2016 | Page 33

Lakeland Community Information | School District

Lakeland 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
$ 1,245,000
-0%
-2%
Average List Price of all Current Listings
$ 1,254,557
-12%
-10%
July Median Sales Price
$ 0
-100%
-100%
$ 1,300,000
16 %
16 %
July Average Sales Price
$ 0
0 %
-100%
$ 1,300,000
9 %
12 %
Total Properties Currently for Sale ( Inventory )
7
-13%
-50%
July Number of Properties Sold
0
1
-67%
July Average Days on Market ( Solds )
0
0 %
-100%
174
314 %
18 %
Asking Price per Square Foot ( based on New Listings )
$ 0
-100% -100% -100% -100%
$ 257
-11%
-10%
July Sold Price per Square Foot
$ 0
0 %
-100%
$ 212
-16%
-4%
July Month ' s Supply of Inventory
0.0
0 %
0 %
0 %
-100%
7.0
-35%
-16%
July Sale Price vs List Price Ratio
0.0 %
. 0 %
-100.0%
68.8 %
-37%
-29%
* 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 0 , up from 0 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 1 are running 66.7 % behind last year ' s year-to-date sales of 3 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in July was $ 0 , up from $ 0 in July of 2015 and up from $ 0 last month . The Average Sales Price in July was $ 0 , up from $ 0 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 .
0
-1
1,300 1,250 1,200
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
Median Sales Price and Average Sales Price
3 Mo Avg F M A M J J
3 Mo Avg
0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 2 0 0 0 0 2 0 0 1 0 0 0 0 0
1,150 1,100 1,050
Inventory & MSI The Total Inventory of Properties available for sale as of July was 7 , down 12.5 % from 8 last month and down 50.0 % from 14 in July of last year . July 2016 Inventory was at its lowest 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 0.0 months was at its highest level compared with July of 2015 and 2014 .
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
16
13
14
15
16
16.0
14
12
Total Inventory & Month ' s Supply of Inventory ( MSI )
10 16
14 8 12
6 10 4 2 8 0
6 4 2 0
11 11
11 11
13
13 12 12
12
12
A S O N D
13
11 11
11 11
12
12 13 13
13
13 12 12 12 12 12 12
12 12 12 12 12 12 11 11
11 11
J
F M A M J
J
A
S O N D
J
14
15
10 11
14 15 15
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
10 11
14 15 15
14 14
13
13 9 9
7
9 9
7 6
6 7 7 7
8
7 7 7
8 8
7
F M A M J
J
A
S O N D
J
F M A M J
J
16
8 8 8
7
J
14.0 12.0 10.0
8.0 16.0
6.0 14.0
4.0 12.0
2.0 10.0
0.0 8.0 6.0
4.0 2.0 0.0
c o l d w e l l b a n k e r h o m e s . c o m | 33