FL ARCHIVED October 2016 | Page 28

Community Information
| School District
Market Action Report October 2016 Agent Name

City : Lakewood Ranch

Title

Community Information

Phone

| 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
$ 1,575,000
-0%
13 %
Average List Price of all Current Listings
$ 1,726,410
-1%
14 %
October Median Sales Price
$ 1,272,500
9 %
15 % -31%
-5%
$ 1,182,409
-11%
-12%
October Average Sales Price
$ 1,272,500
1 %
5 %
-32% -14%
$ 1,356,791
-5%
-8%
Total Properties Currently for Sale ( Inventory )
49
23 %
58 %
October Number of Properties Sold
2 -50%
-50%
37
42 %
October Average Days on Market ( Solds )
211
99 % 154 % 64 %
80 %
83
-22%
-29%
Asking Price per Square Foot ( based on New Listings )
$ 377
10 %
7 %
2 %
8 %
$ 358
1 %
2 %
October Sold Price per Square Foot
$ 273
4 %
-8% -26% -18%
$ 319
-2%
-4%
October Month ' s Supply of Inventory
24.5
145 % 51 % 216 % 74 %
14.5
-5%
3 %
October Sale Price vs List Price Ratio
83.5 % -8.0% -8.8% 1.0 % -10.3%
92.9 %
3 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales October Property sales were 2 , down 50.0 % from 4 in October of 2015 and 50.0 % lower than the 4 sales last month . October 2016 sales were at their lowest level compared to October of Property 2015 and 2014 Sales . October YTD sales of 37 are running 42.3 % October ahead of Property last year sales ' s year-to-date were 2 , down sales 50.0 of 26 %. from 4 in October of 2015 and 50.0 % lower than the 4 sales last month . October 2016 sales were at their lowest level compared to October of 2015 and 2014 . October YTD sales of 37 are running 42.3 % ahead of last year ' s year-to-date sales of 26 .
Prices The Median Sales Price in October was $ 1,272,500 , down 30.7 % from $ 1,836,550 in October of 2015 and up 9.5 % from $ 1,162,500 last month . The Average Sales Price in October was
Prices $ 1,272,500 , down 32.5 % from $ 1,884,525 in October of 2015 The and
Median up 1.1 % Sales from Price $ 1,259,212 in October last month was $ 1,272,500
. October , 2016 down ASP 30.7 was % from at the
$ 1,836,550 lowest level in compared October of to 2015 October and of up 2015 9.5 % and from
2014 .
$ 1,162,500 last month . The Average Sales Price in October was $ 1,272,500 , down 32.5 % from $ 1,884,525 in October of 2015 and up 1.1 % from $ 1,259,212 last month . October 2016 ASP was at the lowest level compared to October of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of October was 49 , up 22.5 % from 40 last month and up 58.1 % from 31 in October of last year . October 2016 Inventory was at its highest level compared with October of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of October was 49 , up 22.5 % from 40 last month and up 58.1 % from 31 in October of last year . October 2016 Inventory was at A comparatively lower MSI is more beneficial for sellers while a its highest level compared with October of 2015 and 2014 . higher MSI is better for buyers . The October 2016 MSI of 24.5 months was at its highest level compared with October of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 24.5 months was at its highest level compared with October of 2015 and 2014 .
6 8 5 7 4 6 3 5 2 4 1 3 0 2
Number of Properties Sold
1
0
Median Sales Price and Average Sales Price
3 Mo Avg 2,000
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
1,900
13
14
15
16
1,800
1,700
Median Sales Price and Average Sales Price
3 Mo Avg
2,000
1,600
1,900
1,500
1,800
1,400
1,700
1,300
1,600
1,200
1,500
1,100
1,400
1,000
1,300
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
1,200
13
14
15
16
1,100
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
60 30
50 20
40 10 300 20 10
0 1 0 1
Website Other
1
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
13
14
15
16
8 8 8 7 8 1 0 1 1
Total Inventory & Month ' s Supply of Inventory ( MSI )
12 13 14 15 17 18
24
Number of Properties Sold
26
26 32 35 35 37 34 36 32 29 31 31 32 35
40 44 46
F M A M J J A S O 40.0
0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000
N
D Jand FUp M| Property A M Types J J: SFH
A - SConO N D J
F M A M J
J
A S O N D J
F M A M J
J
A S O
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County ,
13 Miami Association
14 of REALTORS , My Florida Regional MLS 15, Naples Area Board of REALTORS , REALTORS 16Association 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 .
28 | c o l d w e l l b a n k e r h o m e s . c o m

Lakewood Ranch

8 7
60 50 40
N D
13
8 8
0 0 3 5 2 2 2 3 3 1 5 2 2 2 4 3 6 2 4 7
44
3 2
48 48 47
6 43
4 40
3 Mo Avg
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
14
15
16
8
N D J
13 14
7 8 12 13 14 15 17 18 24 26 26 32 35 35 37 34 36
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
15
16
32 29 31 31 32 35
40 44 46 44 48 48 47 43 40
3 Mo Avg
3 49
49 4 2
35.0 30.0 25.0
20.0 40.0
15.0 35.0
10.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
0 1 0 1 1 1 0 1 1 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