FL ARCHIVED July 2017 | Page 25

TARPON SPRINGS

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
$ 1,322,000
1 %
-3%
Average List Price of all Current Listings
$ 1,871,641
-4%
-15%
July Median Sales Price
$ 1,117,000
-3%
0 %
-10%
$ 1,167,000
-16%
-6%
July Average Sales Price
$ 1,117,000
-3%
-2%
-18%
$ 1,203,583
-14%
-12%
Total Properties Currently for Sale ( Inventory )
24
9 %
71 %
July Number of Properties Sold
2
0 %
6
200 %
July Average Days on Market ( Solds )
122 -27% -15%
-2%
155
-15%
24 %
Asking Price per Square Foot ( based on New Listings )
$ 292
29 %
5 %
11 %
4 %
$ 274
-2%
-3%
July Sold Price per Square Foot
$ 268
54 %
21 %
15 %
$ 234
-3%
0 %
July Month ' s Supply of Inventory
12.0
9 %
4 %
0 %
-4%
10.7
-26%
-15%
July Sale Price vs List Price Ratio
93.1 %
23.5 % 10.5 %
9.9 %
85.9 %
5 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 2 , up from 0 in July of 2016 and the same as the 2 sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 . July YTD sales of 6 are running 200.0 % ahead of last year ' s year-to-date sales of 2 .
Prices The Median Sales Price in July was $ 1,117,000 , up from $ 0 in July of 2016 and down 3.4 % from $ 1,156,250 last month . The Average Sales Price in July was $ 1,117,000 , up from $ 0 in July of 2016 and down 3.4 % from $ 1,156,250 last month . July 2017 ASP was at the highest level compared to July of 2016 and 2015 .
5 4 4 3 3 2 2 1 1 0
Number of Properties Sold
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
14
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
2,000 1,800 1,600
3 Mo Avg
0 1 0 1 4 0 1 2 0 1 1 0 0 0 1 0 1 1 0 0 0 1 0 0 0 2 1 1 0 0 2 0 0 0 2 2
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 71.4 % from 14 in July of last year . July 2017 Inventory was at its highest level compared with July of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 12.0 months was at its highest level compared with July of 2016 and 2015 .
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 14 15
16 17
25.0
25
20 30 15 25 10 20 5 15 0 10
5 0
16 16
18 18
20 20
19 19
18 18
Total Inventory & Month ' s Supply of Inventory ( MSI )
16
16
16
A S O N D J 14
15
16 15 15
17 17
21 21
22 22
21 21
16
16 14 14 14
14 14 14
12 12
11
11 12
15 17 18
14 14 14 13 14 13 14 15
18 20 20 22 22
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
14
15
16
17
12 15
17
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
16
17
18
14 14 14 13 14 13 14 15
18 20 20 22 22
24 24
J
20.0
15.0 25.0
10.0 20.0
5.0 15.0
0.0 10.0
5.0 0.0
Coldwell Banker Global Luxury SM | 25