FL ARCHIVED April 2018 | Page 28

Market Action Report April 2018

TAMPA

City : Tampa

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
$ 1,650,000
3 %
5 %
Average List Price of all Current Listings
$ 2,117,916
2 %
6 %
April Median Sales Price
$ 1,150,000
-30% -12% -27% -15%
$ 1,300,000
3 %
-4%
April Average Sales Price
$ 1,405,500
-37% -17% -16% -13%
$ 1,688,794
2 %
4 %
Total Properties Currently for Sale ( Inventory )
177
-4%
-7%
April Number of Properties Sold
21
-5%
110 %
77
48 %
April Average Days on Market ( Solds )
100 -37% -15%
0 %
6 %
117
38 %
24 %
Asking Price per Square Foot ( based on New Listings )
$ 395
4 %
-3%
-6%
-3%
$ 407
5 %
0 %
April Sold Price per Square Foot
$ 318
-26% -16% -16% -15%
$ 379
0 %
1 %
April Month ' s Supply of Inventory
8.4
0 %
-13% -56% -17%
9.3
-33%
-9%
April Sale Price vs List Price Ratio
93.1 %
-. 2 % -. 2 % -2.4% -. 7 %
93.2 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
40 April Property sales were 21 , up 110.0 % from 10 in April of 2017 and 4.5 % lower than the 22 sales last month . April 2018 sales 35 were at their highest level compared to April of 2017 and 2016 . Property Sales
30
April YTD sales of 77 are running 48.1 % ahead of last year ' s yearto-date Property sales of sales 52 . were 21 , up 110.0 % from 10 in April of 2017 25
40
April and 4.5 % lower than the 22 sales last month . April 2018 sales 35 were at their highest level compared to April of 2017 and 2016 . 20
30
April YTD sales of 77 are running 48.1 % ahead of last year ' s yearto-date sales of 52 . 25
15 10 20 5 15 0 10
Prices The Median Sales Price in April was $ 1,150,000 , down 26.8 % from $ 1,570,000 in April of 2017 and down 30.3 % from $ 1,650,000 last month . The Average Sales Price in April was
Prices $ 1,405,500 , down 15.9 % from $ 1,671,323 in April of 2017 and The down Median 36.9 % Sales from Price $ 2,226,530 in April last was month $ 1,150,000 . April , down 2018 ASP 26.8 was % from at the $ 1,570,000 lowest level in compared April of 2017 to April and of down 201730.3 and % 2016 from . $ 1,650,000 last month . The Average Sales Price in April was $ 1,405,500 , down 15.9 % from $ 1,671,323 in April of 2017 and down 36.9 % from $ 2,226,530 last month . April 2018 ASP was at the lowest level compared to April of 2017 and 2016 .
5
0 2,500M
15 2,300
2,100 2,500 1,900 2,300 1,700 2,100 1,500 1,900
1,300 1,700 1,100 1,500
1,300
12
12 24 13 18 17 12 6 11 9 6
Number of Properties Sold
17 20 18 28 21 16 15 13 22 17 12 15 15 10 26 36 25 17 20 15 15 20 20 14 22 21
J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
16
17
F M A M J
J
A
S O N D
J
18
Median Sales Price and Average Sales Price
Coast Association of REAL
1,100
ALTORS , Flagler County
Inventory Association of & REALTORS MSI , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association ,
Total Navarre Area Inventory Board of REALTORS &, Emerald Month Coast ' Association s Supply of REALTORS of Inventory , Pensacola Association ( MSI of REALTORS ) and may not reflect all relevant rea
The Total Inventory of Properties available for sale as of April
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 was 177 , down 4.3 % from 185 last month and down 6.8 % from
200
15
16
17
18
30.0
190 in April of last year . April 2018 Inventory was at a mid level
Inventory compared with & MSI April of 2017 and 2016 . The Total Inventory of Properties available for sale as of April was 177 , down 4.3 % from 185 last month and down 6.8 % from
190 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 8.4 months was at its lowest level compared with April of 2017 and
2016 .
150
200
100
150
50
100
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
30.0
15.0
25.0
10.0
20.0
5.0
15.0
0.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2018 MSI of 8.4 months was at its lowest level compared with April of 2017 and 2016 .
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 .
175 24 173
13 163
Agent Name
Title Phone Website Other 18 170
17
177 12 6 11 9 6 17 20
Median Sales Price and Average Sales Price
171 171 162 170 166 170 173
Number of Properties Sold
18
159
169 28 21 16 15 13 22 17 12 15 15 10
174 168 163 156 161 150 152
170 187 190 185 171 167 173 170 164 165 153 161
172 185 177
26 36 25 17 20 15 15 20 20
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
175
14 22 21
3 Mo Avg F M A
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
173 163 170 177 171 171 162 170 166 170 173 159 169 174 168 163 156 161 150 152
170 187 190 185 171 167 173 170 164 165 153 161
172 185
3 Mo Avg
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