FL ARCHIVED December 2017 | Page 9

Market Action Report December 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
$ 1,500,000
0 %
1 %
Average List Price of all Current Listings
$ 1,935,629
0 %
4 %
December Median Sales Price
$ 1,427,500
15 %
6 %
9 %
9 %
$ 1,325,000
1 %
1 %
December Average Sales Price
$ 1,558,829
20 %
-3%
-5%
-8%
$ 1,562,798
-7%
-8%
Total Properties Currently for Sale ( Inventory )
254
-7%
8 %
December Number of Properties Sold
24
14 %
9 %
291
15 %
December Average Days on Market ( Solds )
141 -20%
-5%
-24%
6 %
107
-21%
-20%
Asking Price per Square Foot ( based on New Listings )
$ 356
-1%
-11%
-5%
-1%
$ 384
7 %
7 %
December Sold Price per Square Foot
$ 325
9 %
-6%
-13%
-8%
$ 344
-2%
-2%
December Month ' s Supply of Inventory
10.6 -18% -12%
-1%
-23%
12.4
-10%
-10%
December Sale Price vs List Price Ratio
90.4 % -4.3% -1.7% -1.5% -1.0%
92.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 24 , up 9.1 % from 22 in December of 2016 and 14.3 % higher than the 21 sales last month . December 2017 sales were at their highest level compared to Property December of Sales 2016 and 2015 . December YTD sales of 291 are December running 14.6 Property % ahead sales of last were year 24 ,' s up year-to-date 9.1 % from sales 22 in of December 254 . of 2016 and 14.3 % higher than the 21 sales last month . December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales of 291 are running 14.6 % ahead of last year ' s year-to-date sales of 254 .
Prices The Median Sales Price in December was $ 1,427,500 , up 9.4 % from $ 1,305,000 in December of 2016 and up 14.7 % from $ 1,245,000 last month . The Average Sales Price in December
Prices was $ 1,558,829 , down 4.7 % from $ 1,635,855 in December of The 2016 Median and up Sales 19.8 % Price from in $ December 1,300,843 was last $ month 1,427,500 . December , up 9.4 % from 2017 $ ASP 1,305,000 was at in a mid December range compared of 2016 and to December up 14.7 % from of 2016 $ and 1,245,000 2015 . last month . The Average Sales Price in December was $ 1,558,829 , down 4.7 % from $ 1,635,855 in December of 2016 and up 19.8 % from $ 1,300,843 last month . December 2017 ASP was at a mid range compared to December of 2016 and 2015 .
45
40
35
Number of Properties Sold
3 Mo Avg
45
30
40
25
35
20
30
15
25
10
20
5
15
0
10
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
5
15
16
17
0
Median Sales Price and Average Sales Price
3 Mo Avg
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
2,10015
16
17
1,900
Median Sales Price and Average Sales Price
3 Mo Avg
2,100 1,700
1,900 1,500
1,700 1,300
1,500 1,100 1,300
9 13
9 13 16 26 17 29 19 20 19 16 9 19 10 8 22 28 21 32 26 23 17 16 29 22 15 18 23 16 35 40 34 19 24 22 21 24
Coast Association of REALT
Inventory & MSI
The Total Inventory of Properties available for sale as of
December was 254 , down 6.6 % from 272 last month and up
1,100
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
15
16
17
A S O N D
35.0
8.1 % from 235 in December of last year . December 2017
300
30.0
Inventory was & at MSI its highest level compared with December of
The
2016 Total and Inventory 2015 . of Properties available for sale as of
December was 254 , down 6.6 % from 272 last month and up 8.1 % from 235 in December of last year . December 2017
250
350
200
300
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
35.0
15.0
30.0
Inventory
A comparatively was at its lower highest MSI level is more compared beneficial with for December sellers while of a
250
100
2016 higher and MSI 2015 is . better for buyers . The December 2017 MSI of 10.6
200
50 months was at its lowest level compared with December of 2016
10.0
25.0
5.0
20.0
and 2015 .
1500
0.0
15.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 10.6 months was at its lowest level compared with December of 2016 and 2015 .
100
50
0
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 M J
17
J
A S O N D
10.0
5.0
0.0
J
F M A 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 , Naples Area Board
J
A S O N D J
F M A M J
17 of REALTORS , REALTORS Association of
J the Palm
A S O N D 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 .
224 226
16
247 246
Title Phone Website Other
26 17
248 29 19
246 238
20 19
249 254
16 9
252 255
19
Number of Properties Sold
10
237 247 234 8 22
245
254 28 21
244
262 32 26
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
15
16
17
224
226 247 246 248 246 238 249 254 252 255 237 247 234 245 254 244 262 267 257
267
257 23 17
258 251
16
258 251 254
254 29 22
235 248
235
248 15 18
269 286
269 286 298 294 280 281
Coldwell Banker Global Luxury SM | 9
23 16
298 294
35 40
280 281 288
34
288 19
282 278
282 278
24
3 Mo Avg
22
272 254
272
254 21 24