FL ARCHIVED November 2017 | Page 160

Market Action Report
County: Lake
Lake County
Agent Name
Title
Phone
Agent
Name
Website
Title Other
November 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$269,500
Other
Market Profile & Trends Overview
Median List Price of all Current Listings
LM
Trending versus*:
L3M PYM
LY
2%
10%
$372,241 Trending
4% versus*:
12%
Month
LM 0%
L3M 1%
PYM 5%
LY
$215,000
$269,500
2% 1% 2%
10% 10%
$235,973
$372,241 1,714
4% -5% 12% -19%
$215,000 521
0% -5%
1% 5% 14%
13%
$235,973 1%
2%
10%
13%
62 -2% 0% -11%
1,714 $133
-5% 3% -19%
2% 12%
521 -5%
14%
$119 -0% 1% 8%
62 -2% 0% -11% -16%
3.3 -0% -6% -29%
$133 3% 2% 12% 14%
95.5% -.4% -.2% 1.2%
Price Range: All | Properties: SFH - Con
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
November
Median
Sales Price
Median
List Price
of all
Current
November
Average
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
November
Sales
Price
November Median
Number
of Properties
Sold
November Average Sales Price
November Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
November Number of Properties Sold
November Sold Price per Square Foot
November Average Days on Market (Solds)
November Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
November Sale Price vs List Price Ratio
November Sold Price per Square Foot
November Month's Supply of Inventory
November Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
700
November Property sales were 521, up 13.8% from 458 in
November of 2016 and 4.6% lower than the 546 sales last
600
Property
S ales 2017 sales were at their highest level
month. November
700
November
sales were
521, and
up 13.8%
458 in YTD sales 500
compared Property
to November
of 2016
2015. from
November
November
of 2016
and 7.0%
4.6% lower
the year's
546 sales
last
600
of 6,210 are
running
ahead than
of last
year-to-date
sales
400
month.
November 2017 sales were at their highest level
of 5,804.
220
210
200
190
180
170
160
150
440
575
Median Sales Price and Average Sales Price
3 Mo Avg
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
14 15
16
17
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
14 15
16
17
Inventory & MSI
1,500
A comparatively lower MSI is more beneficial for sellers while a 1,000
1,000
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
November
2017 while
MSI a of 3.3
500
higher
MSI
is better
for buyers.
November
MSI of 3.3
months
was
at its lowest
level The
compared
with 2017
November
of 2016 500
months
was
at
its
lowest
level
compared
with
November
of
2016
0
and 2015.
0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of
3,000
November
was 1,714,
down 4.9%
from 1,803
last as month
and
The
Total Inventory
of Properties
available
for sale
of
3,000
down 19.2%
November
of last
November
November
was from
1,714, 2,122
down in
4.9%
from 1,803
last year.
month
and
2,500
2017 19.2%
Inventory
lowest level
compared
with November
down
from was
2,122 at in its November
of last
year. November
2,500
2,000
2017
Inventory
was at its lowest level compared with November
of 2016
and 2015.
2,000
of 2016 and 2015.
1,500
and 2015.
250
240
230
220
210
200
190
180
170
160
150
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
$233,193 last month. November 2017 ASP was at the highest
level compared to November of 2016 and 2015.
3 Mo Avg
D J F M A M J J A S Median
O N D J Sales
F M A Price
M J J and
A S Average
O N D J Sales
F M A Price
M J J A S O N
3 Mo Avg
14 15
16
17
Prices
The Median Sales Price in November was $215,000, up 4.9%
from $205,000 in November of 2016 and equal to $215,000
Prices
The
in November
was
4.9%
last Median
month. Sales
The Price
Average
Sales Price
in $215,000,
November up was
$235,973,
250
from
$205,000
November
2016 and of
equal
to and
$215,000
up 10.0%
from in $214,616
in of
November
2016
up 1.2% from
240
last
month. last
The month.
Average November
Sales Price 2017
in November
$235,973,
$233,193
ASP was was
at the
highest
up
10.0%
from $214,616
in November
of and
2016 2015.
and up 1.2% from 230
level
compared
to November
of 2016
3 Mo Avg
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
14 15
16
17
0
0
100
100
200
-11%
8%
10%
-17%
1%
200
300
7% 10%
-11% 10%
14%
$126
9%
6,210
7%
13%
$115
10%
66 -11%
-11%
-21%
3.5 -17%
$126
9%
8%
1.0%
95.4%
1%
300
400
$209,906 6,210
11%
$228,432
10%
-16%
66
Number of Properties Sold
500
Trending versus*:
Prior YTD 11%
Prior Year 10%
13% YTD
$209,906
13%
$228,432
10%
10%
$119 -0% 1% 8% 13%
$115
10%
10%
3.3 -0% -6% -29% -21%
3.5 -17%
-17%
Number of 95.4%
Properties
95.5% -.4% -.2% 1.2% 1.0%
1% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
compared to November of 2016 and 2015. November YTD sales
of 6,210 are running 7.0% ahead of last year's year-to-date sales
of 5,804.
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
County: Lake
November 2017
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
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 A M J J A S O N
14 15
16
17
14 15
16
17
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REALT
160 | c o l d w e l l b a n k e r h o m e s . c o m
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
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or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.