FL ARCHIVED April 2017 | Page 12

TAMPA

Community Information | School District
Days On Market for Sold Properties
3 Mo Avg
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for April was 100 , up 19.0 % from 84 days last month and down 27.5 % from 138 days in April of last year . The April 2017 DOM was at a mid level compared with April of 2016 and 2015 .
300
250
200
150
100
65
138
100
50
0
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J
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S O N D
J
F M A M J
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Selling Price per Square Foot
Selling Price per Square Foot
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the
direction of Property values . Since Median Sales Price and
440
Average Sales price can be impacted by the ' mix ' of high or low
end Properties in the market , the selling price per square foot is a
420
more normalized indicator on the direction of Property values .
The April 2017 Selling Price per Square Foot of $ 378 was up
400
378
7.4 % from $ 352 last month and up 2.3 % from 370 in April of last
380
370
year .
360
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The April 2017 Selling Price vs Original List Price of 95.4 % was up from 93.1 % last month and up from 90.9 % in April of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in April 2017 was 42 , down 33.3 % from 63 last month and up 16.7 % from 36 in April of last year .
340 320 300
100 % 98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 %
250
200
150
100
50
310
M
J
J
A
S O N D
J
F M A M J
J
A
S O N D
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F M A M J
J
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S O N D
J
F M A
14
15
16
17
Selling Price versus Listing Price Ratio
92.4 %
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
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Inventory / New Listings / Sales
148 143 135 137 137 140 147 141 151 151
Avg Selling Price divided by Avg Listing Price for sold properties during the month
90.9 %
3 Mo Avg
173 173 173 171 161 169 176 171 171 162 170 165 169 173 160 170 176 171 166 159 164 153 156
174
95.4 %
197 198
0
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
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