FL ARCHIVED July 2016 | Page 34

Market Action Report City: Lakeland July 2016 Lakeland Agent Name Title Phone Website Other Community Information | School District Price Range: $1,000,000 and Up | Properties: SFH - Con Days On Market for Sold Properties 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 July was 0, up from 0 days last month and up from 0 days in July of last year. The July 2016 DOM was at its lowest level compared with July of 2015 and 2014. 3 Mo Avg 350 300 250 200 150 100 50 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 F M A M J J 13 14 15 16 -50 Selling Price per Square Foot Selling P