FL ARCHIVED April 2016 | Page 25

Palm Harbor Community Information | School District

Palm Harbor Community Information | School District

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
$ 1,495,000
-6%
-4%
Average List Price of all Current Listings
$ 1,795,281
-2%
2 %
April Median Sales Price
$ 1,350,000
3 %
#### 21 %
559 %
$ 205,000
8 %
0 %
April Average Sales Price
$ 1,350,000
3 %
#### 21 %
465 %
$ 237,641
-2%
0 %
Total Properties Currently for Sale ( Inventory )
19
6 %
-14%
April Number of Properties Sold
2
0 %
####
4
-43%
April Average Days on Market ( Solds )
194
63 % #### -33% 198 %
65
-12%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 273
-16% -18% -17% -16%
$ 333
0 %
3 %
April Sold Price per Square Foot
$ 272
14 % #### 49 %
117 %
$ 129
7 %
3 %
April Month ' s Supply of Inventory
9.5
6 %
3 %
-57% -35%
9.3
-36%
-36%
April Sale Price vs List Price Ratio
88.1 %
#### ####
6.1 % -6.3%
94.4 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 2 , up 100.0 % from 1 in April of 2015 and the same as the 2 sales last month . April 2016 sales were at a mid level compared to April of 2015 and 2014 . April YTD sales of 4 are running 42.9 % behind last year ' s year-to-date sales of 7 .
4 3 3
Number of Properties Sold
3 Mo Avg
2 2 1 1
Prices The Median Sales Price in April was $ 1,350,000 , up 20.5 % from $ 1,120,000 in April of 2015 and up 2.9 % from $ 1,312,500 last month . The Average Sales Price in April was $ 1,350,000 , up 20.5 % from $ 1,120,000 in April of 2015 and up 2.9 % from $ 1,312,500 last month . April 2016 ASP was at a mid range compared to April of 2015 and 2014 .
0
3 Mo Avg
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
-1 13 14
15 16
Median Sales Price and Average Sales Price
3 Mo Avg
2,200 2,000 1,800 1,600
0 0 0 0 1 2 1 0 0 0 1 3 1 3 0 1 0 0 0 0 3 2 1 1 2 0 1 2 1 2 1 0 0 0 2 2
1,400 1,200
Inventory & MSI The Total Inventory of Properties available for sale as of April was 19 , up 5.6 % from 18 last month and down 13.6 % from 22 in April of last year . April 2016 Inventory was at its lowest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 9.5 months was at a mid level compared with April of 2015 and 2014 .
1,000 30 25
20 30 15 25 10 20 5 15 0 10
5 0
26
26 26
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
13
14
15
16
26 25 25
24 24
26 26
Total Inventory & Month ' s Supply of Inventory ( MSI )
21 21
18
18 19 19 19 19 19
19 19 19 19 19 18 18
18 18
19 19
18 18
20
20 24 24
24 24
19
17 20 20 22 21
24
20 22
20
17 18 18
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
13
14
15
16
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
13
14
15
16
19
17 20 20 22 21
24
20 22
20
17 18 18 19 19
16 16
18 18
F M A 30.0
19 19
F M A
25.0 20.0 15.0 30.0 10.0 25.0 5.0 20.0 0.0
15.0 10.0
5.0 0.0
c o l d w e l l b a n k e r h o m e s . c o m | 25