Market Action Report
Lakewood Ranch
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Other
Title
October 2016
Community Information | School District
City: Lakewood Ranch
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$478,497
-0%
3%
Other
$653,099 Trending
2% versus*:8%
Month
LM 12%
L3M 4%
PYM 1%
LY
$364,500
$478,497
-0% 2% -3%
3% -15%
$427,681
$653,099 353
2% 13% 8% 50%
$364,500 12%
4% 1% -18%
-3%
40 -22%
$427,681 2%
-3%
-15%
-6%
83 -26% -5% 26%
353 13%
50%
$212 7% 4% 3%
40 -22%
-18%
$176 1% -1% -2%
83 -26% -5% 26% 14%
8.8 44% 33% 84%
$212 7% 4% 3% 9%
94.4% 2.1% 1.3% .7%
Average List Price of all Current Listings
Market
Trends
Overview
OctoberProfile
Median&Sales
Price
Median
List
Price ofSales
all Current
October
Average
Price Listings
Average
List Price of
all Current
Total Properties
Currently
forListings
Sale (Inventory)
October
Sales
Price
OctoberMedian
Number
of Properties
Sold
October Average Sales Price
October Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
October Number of Properties Sold
October Sold Price per Square Foot
October Average Days on Market (Solds)
October Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
October Sale Price vs List Price Ratio
October Sold Price per Square Foot
October Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales
60
$375,780
$468,214
14%
1%
518
5%
80
$204
518
-7%
$183
80
11%
6.6
$204
6%
93.8%
9%
-1%
99%
.0%
5%
0%
3%
-7% 0%
11%3%
6%
3%
10%
51%
5%
-0%
10%
5%
2%
49%
-1%
3 Mo Avg
80
Number of Properties Sold
70
3 Mo Avg
60
50
40
50
30
40
20
30
Prices
The Median Sales Price in October was $364,500, up 1.3% from
Prices
$360,000 in October of 2015 and up 12.2% from $325,000 last
The
Median
Sales
Price Sales
in October
$364,500,
1.3% fromdown
month.
The
Average
Pricewas
in October
wasup$427,681,
600
$360,000
in October
of 2015
and upof12.2%
$325,000
last
15.3% from
$504,768
in October
2015 from
and up
1.8% from
month.
Thelast
Average
Sales
Price in2016
October
downlevel
550
$419,943
month.
October
ASPwas
was$427,681,
at the lowest
15.3%
from $504,768
inof
October
of 2015
and up 1.8% from
compared
to October
2015 and
2014.
600
40
51
62
67
52
62
49
56
42
37
62
42
49
39
52
73
76
57
57
75
39
42
52
27
40
26
39
28
24
22
20
18
12
14
15
40
51
62
67
52
62
49
56
37
62
42
49
39
52
73
76
57
57
75
39
42
52
27
40
26
39
28
24
22
20
18
12
13
13
9
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
13
14
15
16
N D J F M A M J J AMedian
S O N DSales
J F MPrice
A M Jand
J A Average
S O N D Sales
J F M Price
A M J J A S O
13
0
13
0
10
9
13
10
20
$419,943 last month. October 2016 ASP was at the lowest level
compared to October of 2015 and 2014.
$468,214
$176 1% -1% -2% -1%
$183
3%
2%
8.8 44% 33% 84% 99%
6.6
51%
49%
of93.8%
Properties
94.4% 2.1% 1.3% .7% Number
.0%
-0% Sold -1%
October Month's Supply of Inventory
2016 sales were at their lowest level compared to October of
2015 and 2014. October YTD sales of 518 are running 7.3%
behind last year's year-to-date sales of 559.
Trending versus*:
YTD
Prior YTD 1%
Prior Year
$375,780
-3%
-6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
October Property sales were 40, down 18.4% from 49 in October
of 2015 and 21.6% lower than the 51 sales last month. October
Property
2016 salesSales
were at their lowest level compared to October of 80
October
Property
wereYTD
40, down
18.4%
49 in October
2015 and
2014. sales
October
sales of
518 from
are running
7.3%
70
ofbehind
2015 and
than the sales
51 sales
last21.6%
year'slower
year-to-date
of last
559.month. October
Trending versus*:
Prior YTD Prior Year
YTD
42
City: Lakewood Ranch
October 2016
3 Mo Avg
16
Median Sales Price and Average Sales Price
550
3 Mo Avg
500
500 450
450 400
400 350
350 300
300 250
Inventory & MSI
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
16M J J A S O
N D 13J F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M A
13
14
15
16
0
and 2014.
52 | c
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
12.0
12.0
71
83
71
98
83
101
93 98
98101
84 93
123
98
135
84
155
123
174
135
214
155
217
174
225
214
249
217
241
225
259
240 249
212 241
259
211
212 240
214212
213211
235
212
245
214
230
213
296
235
245318
230 343
354
296
352
318
343
343
312
354
304
352
313
343
353
The Total Inventory
Inventory
& MSI of Properties available for sale as of
400
October
was 353, up
12.8% from
313 lastfor
month
and
The
Total Inventory
of Properties
available
sale as
of up 50.2%
from 235
October
of last
year.
2016
at 350
October
wasin353,
up 12.8%
from
313October
last month
andInventory
up 50.2% was 400
from
235 in October
of last year.
Inventory
was at 350 300
its highest
level compared
withOctober
October2016
of 2015
and