FL ARCHIVED May 2017 | Page 37

Market Action Report May 2017
Community Information | School District
Market Action Report May 2017

County : Polk

Price Range : All | 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
$ 220,000
2 %
16 %
Average List Price of all Current Listings
$ 263,427
4 %
14 %
May Median Sales Price
$ 174,000
3 %
3 %
10 %
9 %
$ 167,700
11 %
5 %
May Average Sales Price
$ 180,514
-2%
1 %
7 %
7 %
$ 176,972
9 %
5 %
Total Properties Currently for Sale ( Inventory )
2,912
-6%
-14%
May Number of Properties Sold
1,063
21 %
19 %
4,352
10 %
May Average Days on Market ( Solds )
70 -11% -7% -17%
-9%
73
-16%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 110
2 %
3 %
13 %
10 %
$ 106
8 %
6 %
May Sold Price per Square Foot
$ 99
0 %
1 %
10 %
9 %
$ 97
10 %
7 %
May Month ' s Supply of Inventory
2.7 -22% -14% -28% -35%
3.8
-18%
-10%
May Sale Price vs List Price Ratio
95.8 %
. 6 %
. 7 %
1.7 % 1.2 %
95.0 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200 May Property sales were 1,063 , up 18.9 % from 894 in May of 2016 and 20.9 % higher than the 879 sales last month . May 2017 Property Sales
1,000 sales were at their highest level compared to May of 2016 and 1,200 May Property sales were 1,063 , up 18.9 % from 894 in May of 2015 . May YTD sales of 4,352 are running 9.6 % ahead of last 2016 and 20.9 % higher than the 879 sales last month . May 2017 800 year ' s year-to-date sales of 3,969 .
1,000 sales were at their highest level compared to May of 2016 and 2015 . May YTD sales of 4,352 are running 9.6 % ahead of last
800 600 year ' s year-to-date sales of 3,969 .

Polk County

Agent Name
Title Phone Website Other

Community Information | School District

600
400
200
0
400
200
Number of Properties Sold
0
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
14
15
16
17
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
15
Median Sales Price
16 and Average Sales
Price17
3 Mo Avg
Median Sales Price and Average Sales Price
727 707 721 645 739 578 708 539 603 777 846 829 953 880 826 811 793 651 840 588 729 855 903 894 973 888 973 865 837 811 873 699 727 984 879 1,063
J
14
727 707 721 645 739 578 708 539
4,042 4,129 4,150 4,214 4,246 4,197 4,065 4,141 4,199 4,111 4,111 4,051 3,993 3,875 3,793 3,831 3,774 3,732 3,575 3,701
603 777 846
Number of Properties Sold
Prices
The Median Sales Price in May was $ 174,000 , up 10.1 % from
Prices
$ 157,995 in May of 2016 and up 3.0 % from $ 169,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 174,000 May was , up $ 10.1 180,514 % from , up 7.3 %
200
$ from 157,995 $ 168,240 in May of in 2016 May of and 2016 up 3.0 and % down from $ 1.6 169,000 % from last $ 183,364 month . The Average Sales Price in May was $ 180,514 , up 7.3 %
190 last month . May 2017 ASP was at the highest level compared to from $ 168,240 in May of 2016 and down 1.6 % from $ 183,364
180
May of 2016 and 2015 . last month . May 2017 ASP was at the highest level compared to
170
May of 2016 and 2015 .
160
150
200
190
180
170
160
150
140
3 Mo Avg
140
130
130
120
120
110
110
100
100
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
14
A S O N D
J
F
M15 A M J
J
A S O N D
J
F
M16 A M J
J
A S O N D
J
F M A17M
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of May
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 2,912 Inventory , down 6.1 of % Properties from 3,102 available last month for sale and as down of May 14.3 %
4,500 was 2,912 , down 6.1 % from 3,102 last month and down 14.3 %
4,500
9.0 from 3,397 in May of last year . May 2017 Inventory was at its
4,000 from 3,397 in May of last year . May 2017 Inventory was at its
4,000
8.0 lowest level compared with May of 2016 and 2015 .
3,500 lowest level compared with May of 2016 and 2015 .
3,5003,000
7.0
3,000
2,500
6.0
2,500
5.0
2,000
2,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0 higher MSI is better for buyers . The May 2017 MSI of 2.7
1,000 higher MSI is better for buyers . The May 2017 MSI of 2.7
1,000
2.0 months was at its lowest level compared with May of 2016 and
500 months was at its lowest level compared with May of 2016 and
500
1.0
2015
2015 .
.
0
0
0.0
J
J
AJ
SJ OA NS DO JN FD MJ
AF MJ
AJMA JS JO AN SD OJ
NF MD AJ
MF MJ
JA AM SJ
OJ NA DS JOFNM DA JM
F M A M
14
14
15
15
16
16
17
17
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
4,042 4,129 4,150 4,214 4,246 4,197 4,065 4,141 4,199
829 953 880 826 811 793 651 840 588 729
4,111 4,111 4,051 3,993 3,875 3,793 3,831 3,774 3,732 3,575 3,701 3,647 3,568 855 903
3,490
3,397 894 973 888 973 865 837
3 Mo Avg
811 873
3,647 3,568 3,490 3,397 3,346 3,377 3,472 3,553 3,492 3,534 3,431 3,402 3,326 3,206 3,102 2,912 699 727
3,346 3,377 3,472 3,553 3,492 3,534 3,431 3,402 3,326 3,206
3 Mo Avg
984 879
3,102 2,912
1,063
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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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