FL ARCHIVED July 2017 | Page 11

Market Action Report July 2017

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
$ 1,599,000
0 %
9 %
Average List Price of all Current Listings
$ 2,108,467
1 %
9 %
July Median Sales Price
$ 1,325,000
-5%
-3% -24%
-2%
$ 1,348,000
-1%
0 %
July Average Sales Price
$ 1,437,766
-9%
-9% -38% -19%
$ 1,603,462
-9%
-9%
Total Properties Currently for Sale ( Inventory )
177
-3%
1 %
July Number of Properties Sold
25 -31%
19 %
139
17 %
July Average Days on Market ( Solds )
57 -28% -22% -54% -56%
76
-40%
-42%
Asking Price per Square Foot ( based on New Listings )
$ 400
7 %
-4%
-3%
4 %
$ 401
7 %
4 %
July Sold Price per Square Foot
$ 354
0 %
-2%
-9%
-5%
$ 366
0 %
-2%
July Month ' s Supply of Inventory
7.1
40 %
9 %
-16% -39%
10.9
-14%
-6%
July Sale Price vs List Price Ratio
92.5 % -1.7% -1.0% -2.1%
. 8 %
94.0 %
3 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
1,300
14
14 9 16
Agent Name
Title Phone Website Other
10 16 7
9 16 10 16 7 12 12
Number of Properties Sold
Property Sales
40
July Property sales were 25 , up 19.0 % from 21 in July of 2016
and 30.6 % lower than the 36 sales last month . July 2017 sales
35 were at their highest level compared to July of 2016 and 2015 .
Property Sales
30
July YTD sales of 139 are running 16.8 % ahead of last year ' s yearto-date Property sales of sales 119 were . 25 , up 19.0 % from 21 in July of 2016
25
40
July and 30.6 % lower than the 36 sales last month . July 2017 sales
35
Number of Properties Sold
3 Mo Avg
were at their highest level compared to July of 2016 and 2015 .
20
30
July YTD sales of 139 are running 16.8 % ahead of last year ' s yearto-date sales of 119 .
25
15
10
20
5
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
5
14
15
16
17
Prices
The Median Sales Price in July was $ 1,325,000 , down 24.3 % from $ 1,750,000 in July of 2016 and down 4.7 % from
0
Median Sales Price and Average Sales Price
3 Mo Avg
2,500A
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
14
15
16
17
$ 1,391,000 last month . The Average Sales Price in July was
Prices
$ 1,437,766 , down 38.1 % from $ 2,323,871 in July of 2016 and
The down Median 9.2 % Sales from $ Price 1,583,876 in July last was month $ 1,325,000 . July 2017 , down ASP 24.3 was % at from the lowest $ 1,750,000 level compared in July of to 2016 July and of 2016 down and 4.72015 % from .
$ 1,391,000 last month . The Average Sales Price in July was
2,300
2,100
2,500
1,900
2,300
Median Sales Price and Average Sales Price
3 Mo Avg
$ 1,437,766 , down 38.1 % from $ 2,323,871 in July of 2016 and down 9.2 % from $ 1,583,876 last month . July 2017 ASP was at the lowest level compared to July of 2016 and 2015 .
1,700
2,100
1,500
1,900
1,300
1,700
1,100
1,500
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
14
15
16
17
12 12 23 12 24 13 18 17 12 6 11 9 6 17 20 18 28 21 16 15 13 22 17 12 15 15 10 26 36 25
, Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of July was 177 , down 2.7 % from 182 last month and up 0.6 % from 176
1,100
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
14
15
16
17
35.0
in July of last year . July 2017 Inventory was at its highest level
Inventory compared with & MSI July of 2016 and 2015 .
The Total Inventory of Properties available for sale as of July was 177 , down 2.7 % from 182 last month and up 0.6 % from 176 in July of last year . July 2017 Inventory was at its highest level compared
A comparatively with July lower of 2016 MSI and is more 2015 beneficial . for sellers while a higher MSI is better for buyers . The July 2017 MSI of 7.1 months was at its lowest level compared with July of 2016 and
200
250
150
200
100
150
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 7.1 months was at its lowest level compared with July of 2016 and 2015 .
100
0
50
0
A
S O N D J
F M A M J
14
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
0.0
15.0
10.0
5.0
0.0
A
S O N D 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
14
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 of REALTORS
J A S O N D J
F M A M J
17 REALTORS Association of the Palm Beaches ,
J 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 .
138 138 141 148 142 152 152
174 23 174
12 174
24 172
13 18
162 170
17
177 172
12 172
6 163
11 171
9
138 138 141 148 142 152 152 174 174 174 172 162 170 177 172 172 163 171 166 170 174 161 171 176 170 165 158 163 152 154
173 192 196 192 182 177
166 6 170
17 174
20 161
18 171
28 176
21 170
16 165
15 158
13 163
22
152 17
154 12
173 192
15 196
15 192
10 182
3 Mo Avg
Coldwell Banker Global Luxury SM | 11
26
177 36 25