FL ARCHIVED March 2018 | Page 38

Market Action Report
March 2018
County: Polk COUNTY
POLK
Agent Name
Title
Phone
Website
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
450
400
300
250
181
200
150
3
0
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
15
16
17
18
Selling Price per Square Foot
Selling Price per Square Foot
350
322
$1,936,889
Month
$0
$1,495,000
$0
$1,936,889 9
$0 0
March
Average
Sales
Price
$0 0
March Average Days on Market (Solds)
Total
Properties
Currently
for
Sale
(Inventory)
Asking Price per Square Foot (based on New Listings)
$164 9
March
Number
of
Properties
Sold
March Sold Price per Square Foot
$0 0
March
Average
Days
on
Market
(Solds)
0
March Month's Supply of Inventory
0.0
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$164
March Sale Price vs List Price Ratio
0.0%
March
Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
$0
* LM=Last Sold
Month / Price
L3M=Last per
3 Months
/ PYM=Same
March Month's Supply of Inventory
0.0
March
Sale Price
0.0%
Property
Sales vs List Price Ratio
Average List Price of all Current Listings
Market
Profile Sales
& Trends
March Median
Price Overview
Median List Price of all Current Listings
March Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
March
Median Sales Price
March Number of Properties Sold
350
50
3 Mo Avg
315
3
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
March Property sales were 0, down 100.0% from 1 in March of
2017 and higher than the 0 sales last month. March 2018 sales
2
were at their lowest level compared to March of 2017 and 2016.
Property
3
March YTD Sales
sales of 0 are running 100.0% behind last year's
March
Property
sales
were 0, down 100.0% from 1 in March of
year-to-date
sales
of 3.
2
2017 and higher than the 0 sales last month. March 2018 sales
2
were at their lowest level compared to March of 2017 and 2016.
1
March YTD sales of 0 are running 100.0% behind last year's
year-to-date sales of 3.
2
300
250
200
150
100
Trending versus*:
Prior YTD Prior Year
Trending versus*:
-0% Trending versus*:
17%
LM -100%
L3M -100%
PYM -100%
LY
YTD
Prior
YTD Prior
Year
$1,250,000
19%
19%
0% 0% -100%
20% -100%
$0 -100%
-100%
-0%
17%
-18%
0%
-100% -100%
19%
19%
-100% -100% $1,250,000 0 -100%
0%
-100%
-100%
$0
-100%
-100%
0% -100% -100%
0 -100%
-100%
-18%
0% -65%
-35% -67% -35%
$248
8%
-46%
-100%
0% -100%
-100% -100%
$0 0 -100%
-100%
0 -100%
-100%
-100%
0% 0%
0% -100%
-100% -100%
-100%
0.0
-100%
-35% -67%
-35%
-65%
$248
8%
-46%
.0% -100.0% -100.0%
0.0% -100%
-100%
0% -100% -100%
$0 -100%
-100%
0% 0% -100%
-100% of Properties
0.0 Sold
-100%
-100%
Number
.0% -100.0% -100.0%
0.0% -100%
-100%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
120%
100.0%
100%
84.6%
80%
60%
40%
20%
0%
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
15
16
17
18
Inventory & MSI
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,200
1,300
1,150
1,250
1,100
1,200
1,050
1,150
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
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16
17
18
1,050
40
Median Sales Price and Average Sales Price
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
1,300
15
16
17
18
-1
1,250
1,000
1,100
Inventory / New Listings / Sales
Inventory / New Listings / Sales
0
Prices
The Median Sales Price in March was $0, down 100.0% from
$1,100,000 in March of 2017 and up from $0 last month. The
Average Sales Price in March was $0, down 100.0% from
Prices
$1,100,000 in March of 2017 and up from $0 last month.
The
Median
was compared
$0, down to
100.0%
March
2018 Sales
ASP Price
was at in a March
mid range
March from
of 2017
$1,100,000
and 2016. in March of 2017 and up from $0 last month. The
Average Sales Price in March was $0, down 100.0% from
$1,100,000 in March of 2017 and up from $0 last month.
March 2018 ASP was at a mid range compared to March of 2017
and 2016.
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
15
16
17
18
Avg Selling Price divided by Avg Listing Price for sold properties during the month
140%
1
-1
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
1
0
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
15
16
17
18
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in March 2018 was 3, down 25.0% from 4 last month and equal
to 3 in March of last year.
YTD
1
50
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The March 2018 Selling Price vs Original
List Price of 0.0% was up from 0.0% last month and down from
84.6% in March of last year.
March 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other 0%
$1,495,000
20%
3 Mo Avg
100
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The March 2018 Selling Price per Square Foot of $0 was up
from $0 last month and down 100.0% from 315 in March of last
year.
Agent Name
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 March was 0, up from 0 days last
month and down 100.0% from 181 days in March of last year.
The March 2018 DOM was at a mid level compared with March
of 2017 and 2016.
City: Lakeland
LAKELAND
Market Action Report
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
March 2018
City: Lakeland Information | School District
Community
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Action Report
1,000
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory of Properties available for sale as of March
was 9, down 18.2% from 11 last month and equal to 9 in March
of last year. March 2018 Inventory was at its highest level
Inventory
& MSI
compared with
March of 2017 and 2016.
The Total Inventory of Properties available for sale as of March
was 9, down 18.2% from 11 last month and equal to 9 in March
of last year. March 2018 Inventory was at its highest level
A comparatively
lower of MSI
is and
more
beneficial for sellers while a
compared
with March
2017
2016.
higher MSI is better for buyers. The March 2018 MSI of 0.0
months was at a mid level compared with March of 2017 and
2016.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The March 2018 MSI of 0.0
months was at a mid level compared with March of 2017 and
2016.
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
15
16
17
18 16.0
16
30
14
14.0
25
Total Inventory & Month's Supply of Inventory (MSI)
12
12.0
10
10.0
20
16
16.0
8
8.0
15
14
14.0
6
6.0
12
12.0
10
4
4.0
10
10.0
5
2
2.0
8
8.0
0
0.0
0
6
6.0
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 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
4
4.0
15
16
17
18
15
16
17
18
2
2.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
0
0.0
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant real estate ac
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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.
15
16
17
18
35
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REAL
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.
38 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury ® | 39
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REA
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.