Market Action Report April 2018 Agent Name
HILLSBOROUGH County : Hillsborough COUNTY
Title
Community
Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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 84 , down 49.1 % from 165 days last month and down 17.6 % from 102 days in April of last year . The April 2018 DOM was at its lowest level compared with April of 2017 and 2016 .
250
200
150
100
Phone Website Other
Days On Market for Sold Properties
130 102
3 Mo Avg
84
50
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and 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 more normalized indicator on the direction of Property values . The April 2018 Selling Price per Square Foot of $ 304 was down 22.8 % from $ 394 last month and down 8.6 % from 333 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 2018 was 80 , up 12.7 % from 71 last month and up 31.1 % from 61 in April of last year .
0
450 430 410 390 370 350 330 310 290 270 250
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 |
98 % |
original list price . The lower the ratio is below 100 % the more of |
96 % |
a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The April 2018 Selling Price vs Original |
94 % |
List Price of 94.2 % was up from 92.4 % last month and up from |
92 % |
93.6 % in April of last year . |
90 % |
88 % 86 % 84 % 82 %
350 300 250 200
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 |
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16 |
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17 |
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18 |
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Selling Price per Square Foot |
3 Mo Avg |
374
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 |
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16 |
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17 |
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|
|
18 |
|
Selling Price versus Listing Price Ratio
90.9 %
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 |
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16 |
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17 |
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18 |
|
Inventory / New Listings / Sales |
249 247 240 250 255 252 253
Avg Selling Price divided by Avg Listing Price for sold properties during the month
235 245 233 244 252 241 259 263 253 254 247 250 231 244
265
281
333
93.6 %
294
288 273 275 282 275 270 262
247
3 Mo Avg
255 268
285
304
94.2 %
284
150 100 50 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 |
15 |
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16 |
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|
17 |
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18 |
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Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Association of R 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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