FL ARCHIVED April 2018 | Page 16

Market Action Report April 2018 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
$ 1,499,950
-0%
0 %
Average List Price of all Current Listings
$ 1,944,278
0 %
6 %
April Median Sales Price
$ 1,185,000
-26% -7% -12% -11%
$ 1,280,000
2 %
-3%
April Average Sales Price
$ 1,385,918
-33% -14% -9%
-12%
$ 1,615,193
5 %
3 %
Total Properties Currently for Sale ( Inventory )
284
-0%
-3%
April Number of Properties Sold
27
0 %
69 %
97
35 %
April Average Days on Market ( Solds )
84 -49% -30% -18% -20%
120
26 %
14 %
Asking Price per Square Foot ( based on New Listings )
$ 377
9 %
-1%
0 %
-2%
$ 379
6 %
-1%
April Sold Price per Square Foot
$ 304
-23% -14% -9%
-12%
$ 355
6 %
3 %
April Month ' s Supply of Inventory
10.5
-0% -12% -43% -14%
11.5
-25%
-6%
April Sale Price vs List Price Ratio
94.2 %
1.9 % 1.2 %
. 6 %
2.2 %
93.1 %
-0%
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales April Property sales were 27 , up 68.8 % from 16 in April of 2017 and the same as the 27 sales last month . April 2018 sales were at a mid level compared to April of 2017 and 2016 . April YTD Property sales of 97 are Sales running 34.7 % ahead of last year ' s year-to-date April sales Property of 72 . sales were 27 , up 68.8 % from 16 in April of 2017 and the same as the 27 sales last month . April 2018 sales were at a mid level compared to April of 2017 and 2016 . April YTD sales of 97 are running 34.7 % ahead of last year ' s year-to-date sales of 72 .
Prices The Median Sales Price in April was $ 1,185,000 , down 12.3 % from $ 1,350,517 in April of 2017 and down 25.9 % from $ 1,599,000 last month . The Average Sales Price in April was
Prices $ 1,385,918 , down 9.2 % from $ 1,526,985 in April of 2017 and The down Median 32.6 % Sales from Price $ 2,057,443 in April last was month $ 1,185,000 . April , down 2018 ASP 12.3 % was from at the $ 1,350,517 lowest level in compared April of 2017 to April and down of 2017 25.9 and % 2016 from . $ 1,599,000 last month . The Average Sales Price in April was $ 1,385,918 , down 9.2 % from $ 1,526,985 in April of 2017 and down 32.6 % from $ 2,057,443 last month . April 2018 ASP was at the lowest level compared to April of 2017 and 2016 .
45 40
35 45
30 40
25 35
20 30
15 25
10 20
5 15
0 10
5 0
M 2,10015
1,900
17
2,100 1,700
1,900 1,500
1,700 1,300
29 18
Title Phone Website Other
20 19 16 9
17 29 18 20 19 16 9 19 10 8
19 10 8
22
Number of Properties Sold
Number of Properties Sold
28
Median Sales Price and Average Sales Price
22 28 21 32 26 23 17 16 29 22 15 18 23 16 35 40 34 19 23 22 21 24 25 18 27 27
J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
16
17
21 32 26 23 17 16
F M A M J
J
A
S O N D
J
18
Median Sales Price and Average Sales Price
29 22 15 18 23 16 35 40 34 19 23 22 21 24 25
3 Mo Avg
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
15
16
17
18
18 27 27
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
15
16
17
18
Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of April was 284 , down 0.4 % from 285 last month and down 3.4 % from
1,100
350
M
15
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
16
17
18
35.0
294 in April of last year . April 2018 Inventory was at a mid level
300
30.0
Inventory compared with & MSI April of 2017 and 2016 .
The Total Inventory of Properties available for sale as of April was 284 , down 0.4 % from 285 last month and down 3.4 % from 294 in April of last year . April 2018 Inventory was at a mid level compared
A comparatively with April lower of 2017 MSI is and more 2016 beneficial . for sellers while a higher MSI is better for buyers . The April 2018 MSI of 10.5 months was at a mid level compared with April of 2017 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
2016 .
1500
0.0
15.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2018 MSI of 10.5 months was at a mid level compared with April of 2017 and 2016 .
100
50
0
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 M J
17
J A S O N D J
F M A
18
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
15
16
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
17 , Naples Area Board of REALTORS , REALTORS
J A S O N D J
F M A
18 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 .
249 249
247 247
240 240
250 250
255 255
252 252
253 253
235 235
245 245
233 233
244 244
252
252 241 259
241 259
263 263
253 253
254 254
247 247
250 250
231 231
244 265
244 265
281 281
294 294
288 288
273 273
275 275
282 282
Coldwell Banker Global Luxury ® | 9
275 275
270 270
262 262
247 247
255 255
268 268
285 285
284
284