FL ARCHIVED July 2016 | Page 46

Lakewood Ranch Community Information | School District

Lakewood Ranch 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
$ 1,495,000
-2%
-10%
Average List Price of all Current Listings
$ 1,650,592
-2%
-9%
July Median Sales Price
$ 1,116,205
-3%
-6%
-22% -17%
$ 1,183,381
-11%
-12%
July Average Sales Price
$ 1,110,428
-11% -15% -22% -25%
$ 1,386,312
1 %
-6%
Total Properties Currently for Sale ( Inventory )
49
2 %
53 %
July Number of Properties Sold
4
-33%
100 %
28
56 %
July Average Days on Market ( Solds )
48
-60% -45% 23 %
-59%
78
-20%
-33%
Asking Price per Square Foot ( based on New Listings )
$ 330
-13% -10% -11%
-6%
$ 358
1 %
2 %
July Sold Price per Square Foot
$ 297
4 %
-2%
-19% -10%
$ 323
3 %
-2%
July Month ' s Supply of Inventory
12.3
53 % -17% -23% -13%
13.8
-16%
-2%
July Sale Price vs List Price Ratio
91.1 %
2.2 %
. 4 %
-5.3% -2.1%
93.2 %
2 %
0 %
* 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 4 , up 100.0 % from 2 in July of 2015 and 33.3 % lower than the 6 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July YTD sales of 28 are running 55.6 % ahead of last year ' s yearto-date sales of 18 .
Prices The Median Sales Price in July was $ 1,116,205 , down 21.7 % from $ 1,425,314 in July of 2015 and down 3.2 % from $ 1,152,633 last month . The Average Sales Price in July was $ 1,110,428 , down 22.1 % from $ 1,425,314 in July of 2015 and down 11.0 % from $ 1,247,544 last month . July 2016 ASP was at the lowest level compared to July of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of July was 49 , up 2.1 % from 48 last month and up 53.1 % from 32 in July of last year . July 2016 Inventory was at its highest 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 12.3 months was at its lowest level compared with July of 2015 and 2014 .
8 7 6 5 4 3 2 1
Number of Properties Sold
0
3 Mo Avg 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
-1 13
14 15
16
Median Sales Price and Average Sales Price
3 Mo Avg
2,000
1,900
1,800
1,700
1,600
1,500
1,400
1,300
1,200
1,100
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
60
13
14
15
16
40.0
50
35.0
40
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25.0
60
30
20.0 40.0
50
20
40
10
15.0 35.0
10.0 30.0
5.0 25.0
30
0
0.0 20.0
20
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
15.0
13
14
15
16
10.0
10
5.0
0
0.0
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
7 7
9 9
8 8
8 8
8 8
8 8
7 7
8 8
12 12
13 13
14 14
15 15
17 17
18 18
24
24 26 26
26 26
32
32 35 35
35 35
37 37
34 34
36 36
32 32
29
29 31 31 32
31 31 32
35 35
40
40 44 46 45
44 46 45 48 48
48 48 49
3 Mo Avg
49
0 0 0 0 1 0 1 1 1 0 1 1 0 0 3 5 2 2 2 3 3 1 5 2 2 2 4 3 6 2 4 7 3 2 6 4
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