FL ARCHIVED April 2017 | Page 9

Market Action Report April 2017
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report April 2017

Phone 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
$ 295,000
5 %
14 %
Average List Price of all Current Listings
$ 426,707
5 %
14 %
April Median Sales Price
$ 220,000
-2%
1 %
11 %
5 %
$ 217,690
12 %
4 %
April Average Sales Price
$ 260,762
-4%
0 %
6 %
2 %
$ 260,100
10 %
2 %
Total Properties Currently for Sale ( Inventory )
4,948
-7%
-12%
April Number of Properties Sold
1,957
-8%
-4%
7,087
6 %
April Average Days on Market ( Solds )
58
-5%
0 %
0 %
2 %
58
-9%
2 %
Asking Price per Square Foot ( based on New Listings )
$ 146
1 %
1 %
10 %
9 %
$ 144
10 %
7 %
April Sold Price per Square Foot
$ 132
0 %
2 %
8 %
5 %
$ 129
9 %
3 %
April Month ' s Supply of Inventory
2.5
2 %
-10% -8%
-18%
3.1
-12%
-0%
April Sale Price vs List Price Ratio
96.2 %
. 3 %
. 3 %
. 5 %
. 3 %
95.9 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 April Property sales were 1,957 , down 3.9 % from 2,037 in April Property of 2016 and Sales 8.3 % lower than the 2,133 sales last month . April
2,500 April 2017 Property sales were sales at were their 1,957 lowest , down level 3.9 compared % from 2,037 to April in April of 2016 2,000
of and 2016 2015 and . 8.3 April % lower YTD sales than the of 7,087 2,133 sales are running last month 6.3 .% April ahead of 2017 last sales year ' s were year-to-date at their lowest sales level of 6,666 compared . to April of 2016 2,000
1,500 and 2015 . April YTD sales of 7,087 are running 6.3 % ahead of last year ' s year-to-date sales of 6,666 .
1,500 1,000
1,000
500
1,690 1,830
Title
Website Other
1,777 1,736
Number of Properties Sold
500
0
0
M
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
14
15
16
17
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
Prices
The Median Sales Price in April was $ 220,000 , up 10.6 % from
Prices
The
$ 199,000 Median in Sales
April Price
of 2016 in April
and was
down $ 220,000
2.2 % from , up 10.6
$ 225,000 % from last
$ month 199,000 . The in April Average of 2016 Sales and Price down in 2.2 April % from was $ 225,000 260,762 last , up 5.8 %
290 month from . $ The 246,361 Average in April Sales of Price 2016 in and April down was $ 3.7 260,762 % from , up $ 270,905 5.8 % from last $ month 246,361 . April in April 2017 of ASP 2016 was and at down the 3.7 highest % from level $ 270,905 compared
270 to
14
290
270
250
15Median
Sales Price and
16 Average Sales Price
Median Sales Price and Average Sales Price
17
3 Mo Avg
3 Mo Avg
last
April month of 2016 . April and 2017 2015 ASP . was at the highest level compared to
April of 2016 and 2015 .
250
230
230
210
210
190
190
170
170
150
150
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
14
J
14J
A S O N D
J
F M15A M J
15
J
A S O N D
J
F M
16 A M J
16
J
A S O N D
J
F M
A17
17
1,690 1,830 1,777 1,736 1,667 1,699 1,472 1,809 1,179 1,504 1,890 1,963 1,907 2,255 2,114 1,964 1,833 1,774 1,463 1,809 1,235 1,498 1,896 2,037 2,137 2,208 2,061 2,102 1,949 1,773 1,834 1,893 1,417 1,580 2,133 1,957
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of April
The Total Inventory of Properties available for sale as of April was 4,948 , down 6.6 % from 5,300 last month and down 11.8 %
8,000 was 4,948 , down 6.6 % from 5,300 last month and down 11.8 %
8,000 from 5,607 in April of last year . April 2017 Inventory was at its
7,000 from 5,607 in April of last year . April 2017 Inventory was at its
7,000 lowest lowest level
level compared
compared with
with April
April of 2016
of 2016 and
and 2015
2015 .
.
6,000
6,000
5,000
5,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
4,000
4,000
3.0
3,000
3,000
A
A comparatively lower lower MSI MSI is more is more beneficial beneficial for sellers for sellers while while a a higher MSI MSI is is better better for for buyers buyers . The . The April April 2017 2017 MSI MSI of 2.5 of 2.5
2,000
2,000 months was was at at its its lowest level level compared with with April April of 2016 of 2016 and and
1,000
1,000
2.0
1.0
2015 . .
0
0
0.0
M
J
MJ
AJ
SJ OA NS DO JN FDMJ
AF MJ
AJ MA JS JO AN SD OJ
NF MD AJ
MF MJ
JA AM SJ
OJ NAD S J
OF NM DA
J
F M A
14
14
15
15
16
16
17
17
1,667 1,699
7,492 7,565 7,562 7,563 7,400 7,279 7,105 6,947 6,674
1,472
7,492 7,565 7,562 7,563 7,400 7,279 7,105
1,809 1,179
6,947 6,674
1,504 1,890
6,628 6,540 6,555 6,552 6,589 6,323 6,094 5,960 5,951
Number of Properties Sold
1,963 1,907 2,255
6,628 6,540 6,555 6,552 6,589 6,323 2,114 1,964 1,833 1,774 1,463
5,882 5,541 5,565 5,571 5,662 1,809 1,235 1,498 1,896
6,094 5,960 5,951 5,882 5,541 5,565 5,571 5,662 5,607 2,037 2,137 2,208 2,061 2,102 1,949
3 Mo Avg
1,773 1,834
5,607 5,701 5,772 5,820 5,788 5,735 5,691 5,676 5,392 5,468 5,400 5,300 4,948 1,893 1,417
5,701 5,772 5,820 5,788 5,735 5,691 5,676 5,392 5,468 5,400
3 Mo Avg
1,580 2,133
5,300 4,948
1,957
6.0 5.0 4.0
3.0 2.0 1.0 0.0
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