FL ARCHIVED April 2018 | Page 16

Market Action Report April 2018
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report April 2018

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
4 %
12 %
Average List Price of all Current Listings
$ 427,360
4 %
13 %
April Median Sales Price
$ 237,250
1 %
2 %
8 %
5 %
$ 233,000
7 %
4 %
April Average Sales Price
$ 280,327
-3%
0 %
7 %
2 %
$ 280,338
8 %
2 %
Total Properties Currently for Sale ( Inventory )
4,956
-3%
-13%
April Number of Properties Sold
2,016
-2%
3 %
6,927
-2%
April Average Days on Market ( Solds )
52 -13% -9% -10%
-4%
57
-2%
6 %
Asking Price per Square Foot ( based on New Listings )
$ 155
3 %
5 %
12 %
12 %
$ 148
6 %
6 %
April Sold Price per Square Foot
$ 142
0 %
1 %
8 %
5 %
$ 141
9 %
4 %
April Month ' s Supply of Inventory
2.5
-1% -12% -15% -17%
3.1
-8%
4 %
April Sale Price vs List Price Ratio
96.4 %
. 3 %
. 4 %
. 2 %
. 5 %
96.0 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
3,000 April Property sales were 2,016 , up 2.6 % from 1,965 in April of 2017 and 1.8 % lower than the 2,053 sales last month . April
2,500 Property 2018 sales Sales were at a mid level compared to April of 2017 and 3,000 April 2016 Property . April YTD sales sales were of 2,016 6,927 , up are 2.6 running % from 1,965 2.4 % in behind April of last 2017 and 1.8 % lower than the 2,053 sales last month . April
2,000 year ' s year-to-date sales of 7,097 .
2,500
2018 sales were at a mid level compared to April of 2017 and 2016 . April YTD sales of 6,927 are running 2.4 % behind last 1,500
2,000 year ' s year-to-date sales of 7,097 .
1,000 1,500
1,000
500
1,915 2,265
Title
Website Other
2,120 1,968 1,837
Number of Properties Sold
500 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
0 15 16
17 18
Prices
M J J A S O N D J Median F M A M Sales J J A Price S O N and D J FAverage M A M J Sales J A S Price O N D J F M A 15
16 17
18
3 Mo Avg The Median Sales Price in April was $ 237,250 , up 7.8 % from
Prices $ 220,000 in April of 2017 and up 1.0 % from $ 234,900 last 290 Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in April Price was in $ 237,250 April was , up $ 7.8 280,327 % from , up 7.4 % $ from 220,000 $ 260,975 in April in of April 2017 of and 2017 up and 1.0 % down from 2.7 $ 234,900 % from last $ 287,981 270
290 month last month . The . Average April 2018 Sales ASP Price was in April at the was highest $ 280,327 level , up compared 7.4 % to 250
from $ 260,975 in April of 2017 and down 2.7 % from $ 287,981 270
April of 2017 and 2016 . last month . April 2018 ASP was at the highest level compared to 250
230
April of 2017 and 2016 .
230 210
210 190
190 170
170 150 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
150 15
16 17
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 F M A 15
16 17
18
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of April Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 4,956 Inventory , down 3.3 of % Properties from 5,123 available last month for sale and as down of April 13.3 % 8,000
5.0 was from 4,956 5,714 , down in April 3.3 % of from last 5,123 year . last April month 2018 and Inventory down 13.3 was % at its 8,0007,000 5.0 from lowest 5,714 level in April compared of last with year . April of 2018 2017 Inventory and 2016 was . at its 7,000
4.0 6,000
4.0 lowest level compared with April of 2017 and 2016 .
6,0005,000 3.0
5,0004,000 3.0
4,0003,000 2.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a
2.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2018 sellers MSI while of 2.5 a 2,000 higher MSI is better for buyers . The April 2018 MSI of 2.5
2,000 1.0 months was at its lowest level compared with April of 2017 and 1,000
1.0 months was at its lowest level compared with April of 2017 and 1,000 2016 .
0 0.0
2016 . 0
0.0 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
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 15
16 17
18 15
16 17
18
1,784 1,478
1,915 2,265 2,120 1,968 1,837 1,784 1,478 1,810 1,237 1,507 1,896 2,045 2,138 2,210 2,064 2,105 1,948 1,774 1,834 1,896 1,416 1,580 2,136 1,965 2,366 2,397 2,204 2,236 1,612 1,806 1,831 1,954 1,338 1,520 2,053 2,016
6,667 6,706 6,450 6,220 6,087 6,084 6,025 5,689 5,718 5,736 1,810 1,237 1,507 1,896
Number of Properties Sold
2,045
6,667 6,706 6,450 6,220 6,087 6,084 6,025 5,689 5,718 5,736 5,819 5,748 5,837 2,138 2,210 2,064 2,105 1,948 1,774 1,834 1,896
3 Mo Avg
5,819 5,748 5,837 5,896 5,946 5,914 5,874 5,835 5,841 5,571 5,697 5,727 5,775 5,714 5,839 5,915 5,850 5,798 5,652 5,444 5,292 5,036 5,191 5,166 5,123 4,956
1,416 1,580
5,896 5,946 5,914 5,874 5,835 5,841 5,571 5,697 5,727 5,775 2,136 1,965 2,366 2,397
5,714 5,839 5,915 5,850 2,204 2,236 1,612 1,806 1,831 1,954 1,338
5,798 5,652 5,444 5,292 5,036 5,191 5,166
3 Mo Avg
1,520 2,053
5,123 4,956
2,016
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