FL ARCHIVED April 2017 | Page 9

Market Action Report April 2017 Agent Name

HILLSBOROUGH County : Hillsborough COUNTY

Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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
-0%
-4%
Average List Price of all Current Listings
$ 1,869,797
-1%
-6%
April Median Sales Price
$ 1,350,517
19 %
8 %
6 %
3 %
$ 1,248,997
0 %
-5%
April Average Sales Price
$ 1,526,985
11 %
-1%
-4%
-10%
$ 1,539,492
-4%
-9%
Total Properties Currently for Sale ( Inventory )
308
4 %
21 %
April Number of Properties Sold
16 -30%
-43%
72
6 %
April Average Days on Market ( Solds )
102
-4%
7 %
-22% -23%
95
-39%
-29%
Asking Price per Square Foot ( based on New Listings )
$ 368
5 %
2 %
2 %
2 %
$ 361
1 %
0 %
April Sold Price per Square Foot
$ 333
12 %
-1% -11%
-5%
$ 335
-3%
-5%
April Month ' s Supply of Inventory
19.3
50 %
22 % 112 % 39 %
16.0
-13%
16 %
April Sale Price vs List Price Ratio
93.6 %
2.3 %
. 3 %
3.0 % 2.5 %
93.3 %
5 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 16 , down 42.9 % from 28 in April of 2016 and 30.4 % lower than the 23 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and Property 2015 . April Sales YTD sales of 72 are running 5.9 % ahead of last April year ' Property s year-to-date sales sales were of 1668 , down . 42.9 % from 28 in April of 2016 and 30.4 % lower than the 23 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 72 are running 5.9 % ahead of last year ' s year-to-date sales of 68 .
35 30
35 25
30 20
25 15
20 10 155
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in April was $ 1,350,517 , up 5.8 % from $ 1,276,500 in April of 2016 and up 19.4 % from $ 1,131,264 last month . The Average Sales Price in April was $ 1,526,985 , down
Prices 4.1 % from $ 1,591,661 in April of 2016 and up 11.3 % from The $ 1,372,272 Median last Sales month Price . in April April 2017 was ASP $ 1,350,517 was at a , up mid 5.8 range % from $ compared 1,276,500 to in April of 2016 and 2015 up 19.4 . % from $ 1,131,264 last month . The Average Sales Price in April was $ 1,526,985 , down 4.1 % from $ 1,591,661 in April of 2016 and up 11.3 % from $ 1,372,272 last month . April 2017 ASP was at a mid range compared to April of 2016 and 2015 .
100 5 0
M 2,10014
1,900
15
2,100 1,700
1,900 1,500
1,700 1,300
14 26 21 14 22 13 17 9
Median Sales Price and Average Sales Price
15 14 26 21 14 22 13 17 9 13 16 26
J
J
A S O N D
J
F M A M J
J
A S O N D
J
15
16
17 29 19 20 19 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
14
15
16
17
Median Sales Price and Average Sales Price
9
13 16 26 17 29 19 20 19 16 9 19 10 8
19 10 8 22 28 21 32 26 23 17 16 29 22 15
22 28 21 32 26 23 17 16 29 22 15 18 23 16
F M A M J
J
A S O N D
J
17
18 23 16
3 Mo Avg F M A
3 Mo Avg
1,500 1,100 1,300
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
Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of April was 308 , up 4.1 % from 296 last month and up 21.3 % from 254
1,100
350
M
14
J
J
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
15
16
17
35.0
in April of last year . April 2017 Inventory was at its highest level
300
30.0
Inventory compared with & MSI April of 2016 and 2015 .
The Total Inventory of Properties available for sale as of April was 308 , up 4.1 % from 296 last month and up 21.3 % from 254 in April of last year . April 2017 Inventory was at its highest level compared
A comparatively with April lower of 2016 MSI is and more 2015 beneficial . for sellers while a higher MSI is better for buyers . The April 2017 MSI of 19.3 months was at its highest level compared with April of 2016 and
250
350
200
300
150
250
100
200
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
2015 .
1500
0.0
15.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 19.3 months was at its highest level compared with April of 2016 and 2015 .
100
50
0
M
J
14
J A S O N D J
F M A M J
15
J A S O N D J
F M A M J
16
J A S O N D J
F M A
17
10.0
5.0
0.0
M
J
J A S O N D J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
14
15
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS
J A S O N D J
F M A M J
16 , Naples Area Board of REALTORS , REALTORS
J A S O N D J
F M A
17 Association of the Palm Beaches , Space
does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
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208 208
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254 254
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254 254
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