FL ARCHIVED July 2016 | Page 23

Palm Harbor Community Information | School District

Palm Harbor 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
$ 1,524,495
0 %
14 %
Average List Price of all Current Listings
$ 1,716,620
-2%
9 %
July Median Sales Price
$ 1,735,000
31 %
12 %
30 %
33 %
$ 1,425,000
9 %
9 %
July Average Sales Price
$ 1,735,000
31 %
23 %
30 %
18 %
$ 1,385,714
-7%
-5%
Total Properties Currently for Sale ( Inventory )
24
9 %
20 %
July Number of Properties Sold
1
-50%
0 %
7
-30%
July Average Days on Market ( Solds )
26
-80% -81% -75% -86%
129
-29%
-32%
Asking Price per Square Foot ( based on New Listings )
$ 303
-10%
-2%
-1%
-6%
$ 326
3 %
1 %
July Sold Price per Square Foot
$ 231
-1%
-14% -27% -19%
$ 260
-6%
-8%
July Month ' s Supply of Inventory
24.0
118 % 37 %
20 %
65 %
13.4
-9%
-8%
July Sale Price vs List Price Ratio
87.3 %
2.7 %
. 7 %
11.2 %
. 4 %
87.9 %
-2%
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 1 , equal to 1 in July of 2015 and 50.0 % lower than the 2 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July YTD sales of 7 are running 30.0 % behind last year ' s year-to-date sales of 10 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2
1
1
Prices The Median Sales Price in July was $ 1,735,000 , up 30.3 % from $ 1,332,000 in July of 2015 and up 31.4 % from $ 1,320,000 last month . The Average Sales Price in July was $ 1,735,000 , up 30.3 % from $ 1,332,000 in July of 2015 and up 31.4 % from $ 1,320,000 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
0
3 Mo Avg
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 M J J
-1 13 14
15 16
Median Sales Price and Average Sales Price
3 Mo Avg
2,200 2,000 1,800 1,600
0 1 2 1 0 0 0 1 3 1 3 0 1 0 0 0 0 3 2 1 1 2 0 1 2 1 2 1 0 0 0 2 2 0 2 1
1,400 1,200
Inventory & MSI The Total Inventory of Properties available for sale as of July was 24 , up 9.1 % from 22 last month and up 20.0 % from 20 in July of last year . July 2016 Inventory was at its highest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 24.0 months was at its highest level compared with July of 2015 and 2014 .
1,000 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 M J J
30 13 14
15 16
30.0
25
20 30 15 25 10 20 5
0
24 24
26 26
21 21
18 18
19
Total Inventory & Month ' s Supply of Inventory ( MSI )
19 19 19 19
19 19 19 19 19 18 18
18 18
19 19
18 18
20
20 24 24
24 24
19
19
17 20 20
15
0
10
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 M J
J
13
14
15
16
5
17
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 M J
13
14
15
16
20 20
22 22
21 21
24 24
20 20
22 22
20 20
17 17
18 18
19 19
20 20
17 17
19 19
18 18
16 16
22 22
24 24
J
25.0 20.0 15.0 30.0 10.0 25.0 5.0 20.0 0.0
15.0 10.0
5.0 0.0
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