FL ARCHIVED October 2017 | Page 160

Market Action Report
County: Lake
Lake County
Agent Name
Title
Phone
Agent
Name
Website
Title Other
October 2017
Community Information | School District
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
$265,000
0%
7%
Other
$364,215 Trending
0% versus*:
12%
Month
LM 2%
L3M 1%
PYM 16%
LY
$215,000
$265,000
0%
7%
$233,207 2% -1% 13%
$364,215 1,730
0% -7% 12% -19%
$215,000 543
2% 13%
1% 16% 15%
13%
$233,207 2%
-1%
13%
12%
64 3% 7% 3%
1,730 -7%
-19%
$130 -2% 0% 12%
543 13%
15%
$120 1% 1% 11%
64 3% 7% 3% -14%
3.2 -18% -6% -30%
$130 -2% 0% 12% 11%
95.8% .3% -.1% .9%
Average List Price of all Current Listings
Market
Trends
Overview
October Profile
Median & Sales
Price
Median
List
Price
of
all
Current
October Average Sales Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
October
Sales
Price
October Median
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 (2016) / YTD = Year-to-date
Property
Sales
700
October Property sales were 543, up 15.3% from 471 in October
of 2016 and 13.4% higher than the 479 sales last month.
600
Property
Sales
October 2017
sales were at their highest level compared to
700
October
were 543,
up 15.3%
October
500
October Property
of 2016 sales
and 2015.
October
YTD from
sales 471
of in
5,682
are
of running
2016 and
13.4%
higher
than year's
the 479
sales last month.
6.3%
ahead
of last
year-to-date
sales of 5,346. 600
400
October 2017 sales were at their highest level compared to
14
250
240
230
220
210
200
190
180
170
160
150
440
384
16
575
625
15
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
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
2,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
1,500
A comparatively lower MSI is more beneficial for sellers while a 1,000
A higher
comparatively
lower MSI
is more The
beneficial
for 2017
sellers MSI
while
MSI is better
for buyers.
October
of a 3.2 1,000
500
higher
MSI
is better
for buyers.
October with
2017 October
MSI of 3.2
months
was
at its lowest
level The
compared
of 2016 500
months
was at its lowest level compared with October of 2016
0
and 2015.
0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Inventory & MSI
and 2015.
3 Mo Avg
17 M J J A S O
N D 14 J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M A
14
15
16
17
The Total Inventory
Inventory
& MSI of Properties available for sale as of
3,000
October
was 1,730, of down
7.2% from
1,865
The
Total Inventory
Properties
available
for last
sale month
as of and down
18.8% from
2,131 down
in October
of last
year.
2017
October
was 1,730,
7.2% from
1,865
last October
month and
down 3,000 2,500
18.8%
from 2,131
October
last compared
year. October
Inventory
was at in its
lowest of level
with 2017
October of 2016
2,500
2,000
Inventory
and 2015. was at its lowest level compared with October of 2016
and 2015.
Prices
$229,505 last month. October 2017 ASP was at the highest level 220
210
compared to October of 2016 and 2015.
200
190
180
170
160
150
3 Mo Avg
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
14
15
16
17
N D J F M A M J J A
S O N D Sales
J F M Price
A M J and
J A Average
S O N D Sales
J F M Price
A M J J A S O
Median
0
The Median Sales Price in October was $215,000, up 16.2%
Prices
from $185,000 in October of 2016 and up 2.4% from $210,000
The
in October
was $215,000,
16.2%
last Median
month. Sales
The Price
Average
Sales Price
in October up was
$233,207,
250
from
$185,000
October of in 2016
and up
2.4% and
from up
$210,000
up 13.0%
from in $206,358
October
of 2016
1.6% from
240
last
month. last
The month.
Average October
Sales Price
in October
$233,207,
$229,505
2017
ASP was was
at the
highest level
230
up
13.0%
from
$206,358
in
October
of
2016
and
up
1.6%
from
compared to October of 2016 and 2015.
0
100
100
200
-11%
8%
10%
-17%
1%
200
300
6% 10%
-11% 10%
11%
$126
9%
5,682
6%
14%
$115
10%
66 -11%
-11%
-23%
3.4 -16%
$126
9%
8%
1.3%
95.4%
1%
300
400
500
$209,000 5,682
11%
$227,728
10%
-14%
66
Number of Properties Sold
October of 2016 and 2015. October YTD sales of 5,682 are
running 6.3% ahead of last year's year-to-date sales of 5,346.
Trending versus*:
Prior YTD 11%
Prior Year 10%
13% YTD
$209,000
12%
$227,728
10%
10%
$120 1% 1% 11% 14%
$115
10%
10%
3.2 -18% -6% -30% -23%
3.4 -16%
-17%
Number of 95.4%
Properties
95.8% .3% -.1% .9% 1.3%
1% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
October Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
County: Lake
October 2017
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
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 A M J J A S O
14 15
16
17
14 15
16
17
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
160 | c o l d w e l l b a n k e r h o m e s . c o m
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 REAL
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
warrant
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.