FL ARCHIVED July 2017 | Page 34

Market Action Report July 2017

LAKEWOOD City : Lakewood Ranch RANCH

Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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
$ 1,450,000
0 %
-2%
Average List Price of all Current Listings
$ 1,534,335
-3%
-6%
July Median Sales Price
$ 1,447,500
18 %
0 %
30 %
21 %
$ 1,437,950
22 %
20 %
July Average Sales Price
$ 1,447,500
18 %
0 %
30 %
3 %
$ 1,656,975
20 %
18 %
Total Properties Currently for Sale ( Inventory )
57 -11%
27 %
July Number of Properties Sold
2
100 %
-50%
18
-36%
July Average Days on Market ( Solds )
198 -51% 31 % 313 % 113 %
136
74 %
46 %
Asking Price per Square Foot ( based on New Listings )
$ 363
26 %
3 %
12 %
4 %
$ 355
0 %
2 %
July Sold Price per Square Foot
$ 303
-5% -12%
2 %
-5%
$ 340
4 %
7 %
July Month ' s Supply of Inventory
28.5 -55% -26% 153 % 103 %
34.4
156 %
145 %
July Sale Price vs List Price Ratio
87.1 % 10.3 % -2.8% -4.4% -5.7%
89.4 %
-4%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales July Property sales were 2 , down 50.0 % from 4 in July of 2016 and 100.0 % higher than the 1 sales last month . July 2017 sales were at their lowest level compared to July of 2016 and 2015 . Property July YTD sales Sales of 18 are running 35.7 % behind last year ' s yearto-date Property sales of sales 28 . were 2 , down 50.0 % from 4 in July of 2016
July and 100.0 % higher than the 1 sales last month . July 2017 sales were at their lowest level compared to July of 2016 and 2015 . July YTD sales of 18 are running 35.7 % behind last year ' s yearto-date sales of 28 .
Prices The Median Sales Price in July was $ 1,447,500 , up 29.7 % from $ 1,116,205 in July of 2016 and up 18.2 % from $ 1,225,000 last month . The Average Sales Price in July was $ 1,447,500 , up
Prices 30.4 % from $ 1,110,428 in July of 2016 and up 18.2 % from The $ 1,225,000 Median Sales last month Price . in July 2017 was ASP $ 1,447,500 was at , the up highest 29.7 % from level $ compared 1,116,205 in to July of 2016 and 2015 up 18.2 . % from $ 1,225,000 last month . The Average Sales Price in July was $ 1,447,500 , up 30.4 % from $ 1,110,428 in July of 2016 and up 18.2 % from $ 1,225,000 last month . July 2017 ASP was at the highest level compared to July of 2016 and 2015 .
0
1,200
, Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of July was 57 , down 10.9 % from 64 last month and up 26.7 % from 45
1,000
80
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
14
15
16
17
80.0
in July of last year . July 2017 Inventory was at its highest level
70
70.0
Inventory compared with & MSI July of 2016 and 2015 .
60
Total Inventory & Month ' s Supply of Inventory ( MSI )
60.0
The Total Inventory of Properties available for sale as of July was 57 , down 10.9 % from 64 last month and up 26.7 % from 45 in July of last year . July 2017 Inventory was at its highest level compared
A comparatively with July lower of 2016 MSI and is more 2015 beneficial . for sellers while a higher MSI is better for buyers . The July 2017 MSI of 28.5 months was at its highest level compared with July of 2016 and
2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 28.5 months was at its highest level compared with July of 2016 and 2015 .
80 70
40 60
30 50
20 40
10
0
30
20
10
0
A
S O N D J
F M A M J
14
15
J
A S O N D J
F M A M J
16
J
A S O N D J
F M A M J
17
J 50.0
40.0 80.0
30.0 70.0
20.0 60.0
10.0 50.0
0.0 40.0
30.0
20.0
10.0
0.0
A
S O N D J
F M A M J
J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
14
15
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional
A S O N D J
F M A M J
16 MLS , Naples Area Board of REALTORS
J REALTORS
A S O N D J
F M A M J
17 Association of the Palm Beaches ,
J Space
does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
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8
17 0 18
3 24
Agent Name
5
Title Phone Website Other
2
26
26 2 2 3 3 1 5 2
32 35 35 37 34 36 32 29 31 31 32 35
Number of Properties Sold
7
Number of Properties Sold
3 Mo Avg
6
8
5
7
4
6
3
5
2
4
1
3
0
2
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
14
15
16
17
0
Median Sales Price and Average Sales Price
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
2,400
14
15
16
17
2,200
Median Sales Price and Average Sales Price
3 Mo Avg
2,000
2,400
1,800
2,200
1,600
2,000
1,400
1,800
1,200
1,600
1,000
1,400
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
14
15
16
17
17
18 24 26 26 32 35 35 37 34 36 32
2
29 2
31 31
4 32
3 35
6 40
2 44
4 45
7 43
3 47
2 46
6 45
4 41
3 38
4 46
40 44 45 43 47 46 45 41 38
46 2 50 50
0 55 55
0
58 58
5
65 65
70 3
69 3
69
70 69 69
1 64 64
3 Mo Avg
3 57
57 1 2
0 0 3 5 2 2 2 3 3 1 5 2 2 2 4 3 6 2 4 7 3 2 6 4 3 4 2 0 0 5 3 3 1 3 1 2