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Lanai real estate for sale

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TypePriceBeds / Baths
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Sellers' MarketPast 30 days, demand greater than supply.
  67% of inventory sold for an average of 49.5% above Assessed Value or $690K (past 30 days).
MARKET   
Absorbtion% of inventory sold in the past 30 days
 67%    
SupplyIf no new listings
 1.5 mo    
VolumeDollar of sales in the past 30 days
 $1.6M    
VelocityCommission projected in the next 30 days
 $88K    
FINANCIAL   
P/A RatioProperty sold for 49.5% above assessed value in the past 90 days
 49.5    
Askingaverage asking price
 $764K    
Sale (MV)Predicted average sale price (Market Value)
 $690K    
Assessedaverage County tax assessed value
 $462K    
INVENTORY   
For SaleProperties for sale including escrows
 3    
ActiveProperties for sale excluding escrows
 2    
EscrowProperties with accepted offers
 1    
NewNew properties in the past 30 days
 0    
SoldProperties sold in the past 30 days
 2    
Harcourts Island Real Estate

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Real Estate
AskingAverage asking price
764K
SoldAverage sales price
802K
AssessedAverage County assessed value
537K
P/AAverage sales price ÷ average assessed value
49.5%
DaysAverage days on market
63
$/sfAverage asking price divided by average square feet
550
$/acThe average asking price divided by average acres
5.55M
BuiltAverage year built
1991