FL ARCHIVED January 2017 | Page 9

Market Action Report January 2017
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report January 2017

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
$ 275,000
5 %
15 %
Average List Price of all Current Listings
$ 396,543
5 %
13 %
January Median Sales Price
$ 202,750
-10% -6%
10 %
-3%
$ 202,750
10 %
-3%
January Average Sales Price
$ 250,604
-9%
-5%
12 %
-2%
$ 250,604
12 %
-2%
Total Properties Currently for Sale ( Inventory )
4,946
-4%
-11%
January Number of Properties Sold
1,412 -25%
14 %
1,412
14 %
January Average Days on Market ( Solds )
55
-4%
-2% -18%
-4%
55
-18%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 144
5 %
4 %
13 %
7 %
$ 144
13 %
7 %
January Sold Price per Square Foot
$ 125
-6%
-3%
9 %
0 %
$ 125
9 %
0 %
January Month ' s Supply of Inventory
3.5
29 %
14 % -22%
15 %
3.5
-22%
15 %
January Sale Price vs List Price Ratio
95.6 %
-. 6 % -. 4 % 1.0 %
-. 4 %
95.6 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 January Property sales were 1,412 , up 14.3 % from 1,235 in Property January of Sales 2016 and 25.4 % lower than the 1,894 sales last
2,500 January month . Property January sales 2017 were sales 1,412 were , up at 14.3 their % highest from 1,235 level in compared 2,000
January to January of 2016 of 2016 and 25.4 and % 2015 lower . January than the YTD 1,894 sales of last 1,412 are month running . January 14.3 % 2017 ahead sales of last were year at their ' s year-to-date highest level sales compared of 1,235 . 2,000
1,500 to January of 2016 and 2015 . January YTD sales of 1,412 are running 14.3 % ahead of last year ' s year-to-date sales of 1,235 .
1,500 1,000
1,000
500
1,235 1,506
Title
Website Other
1,630 1,690
Number of Properties Sold
500
0
0
F
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
14
15
16
17
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
Prices
The Median Sales Price in January was $ 202,750 , up 10.0 %
Prices
The from Median
$ 184,390 Sales in Price
January in January
of 2016 was
and $ 202,750
down
,
9.9 up
% 10.0
from % from
$ 225,000 $ 184,390 last in month January . The of 2016 Average and Sales down Price 9.9 % in from January was
290
$
$ 225,000 250,604 last , up month 12.2 %. The from Average $ 223,370 Sales in Price January in January of 2016 was and
$ down 250,604 8.7 , % up from 12.2 % $ 274,409 from $ 223,370 last month in January . January of 2016 2017 and ASP was
270
14
290
270
250
Median
15 Sales Price and Average
16 Sales Price
Median Sales Price and Average Sales Price
17
3 Mo Avg
3 Mo Avg
down at the 8.7 highest % from level $ 274,409 compared last month to January . January of 2016 2017 and ASP 2015 was . at the highest level compared to January of 2016 and 2015 .
250
230
230
210
210
190
190
170
170
150
150
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
M14 A M J
14
J
A S O N D
J
F M15A M J
15
J
A S O N D
J
F M
16 A M J
16
J
A S O N D
J
17
17
1,235 1,506 1,630 1,690 1,830 1,777 1,736 1,667 1,699 1,472 1,809 1,179 1,504 1,890 1,963 1,907 2,255 2,114 1,963 1,833 1,774 1,463 1,809 1,235 1,496 1,896 2,037 2,137 2,208 2,061 2,102 1,946 1,771 1,834 1,894 1,412
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI ) The Total Inventory of Properties available for sale as of The Total Inventory of Properties available for sale as of January was 4,946 , down 4.2 % from 5,161 last month and down 8,000 January was 4,946 , down 4.2 % from 5,161 last month and down 8,000
7.0
10.7 % from 5,538 in January of last year . January 2017 7,000 10.7 % from 5,538 in January of last year . January 2017 7,000
6.0
Inventory
Inventory was
was at at its
its lowest
lowest level
level compared
compared with
with January
January of 2016
of 2016 6,000
6,000 5.0 and and 2015 2015 . .
5,000 5,000 4.0
4,000 4,000 3.0
3,000 3,000 A A comparatively lower lower MSI MSI is more is more beneficial beneficial for sellers for sellers while while a a
2.0 higher MSI MSI is is better better for for buyers buyers . The . The January January 2017 2017 MSI MSI of 3.5 of 3.5 2,000 2,000 months was was at at its its lowest level level compared with with January January of 2016 of 20161,0001,000
1.0 and 2015 . .
0 0 0.0
F M AF M AJ
MJ AJ SJ OA NS DO JNFDM JA FM MJ
AJ MA JS OJ AN DS OJ FN MD AJ
MF JM JAAM S JO JNAD SJ O N D J
14 14
15 15
16 16
17 17
1,830 1,777 1,736 1,667 1,699
7,356 7,376 7,388 7,488 7,561 7,556 7,557 7,392 7,271
1,472
7,356 7,376 7,388 7,488 7,561 7,556 7,557 7,392 7,271 7,097 6,939 6,666 6,619
1,809
Number of Properties Sold
1,179 1,504 1,890 1,963 1,907 2,255
7,097 6,939 6,666 6,619 6,530 6,545 6,541 6,576 6,309
6,530 6,545 6,541 6,576 6,309 6,079 5,944 5,933 2,114 1,963 1,833 1,774 1,463
5,861 5,518 5,538 5,541 5,627
1,809
6,079 5,944 5,933 5,861 5,518 5,538 1,235 1,496
5,541
5,627 1,896 2,037 2,137 2,208
3 Mo Avg
2,061 2,102
5,567 5,655 5,723 5,763 5,715 5,639 5,567 5,507 5,161 4,946 1,946 1,771
5,567 5,655 5,723 5,763 5,715 5,639 5,567 5,507
3 Mo Avg
1,834 1,894
5,161 4,946
1,412
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
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