FL ARCHIVED July 2017 | Page 9

Market Action Report July 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
$ 1,479,000
1 %
6 %
Average List Price of all Current Listings
$ 1,928,155
-0%
7 %
July Median Sales Price
$ 1,375,000
-4%
-2% -15%
5 %
$ 1,325,000
0 %
1 %
July Average Sales Price
$ 1,448,600
-8%
-6% -32% -14%
$ 1,546,731
-9%
-9%
Total Properties Currently for Sale ( Inventory )
287
0 %
7 %
July Number of Properties Sold
34 -15%
31 %
181
23 %
July Average Days on Market ( Solds )
57 -33% -34% -51% -57%
89
-32%
-33%
Asking Price per Square Foot ( based on New Listings )
$ 398
11 %
2 %
-7%
11 %
$ 375
4 %
4 %
July Sold Price per Square Foot
$ 335
-2%
-2%
-5%
-5%
$ 339
-2%
-4%
July Month ' s Supply of Inventory
8.4
18 %
5 %
-18% -39%
12.5
-16%
-10%
July Sale Price vs List Price Ratio
92.1 %
. 4 %
. 5 % -1.3%
. 9 %
92.1 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Title Phone
Number of Properties Sold
3 Mo Avg
Property Sales
45
July Property sales were 34 , up 30.8 % from 26 in July of 2016
and 15.0 % lower than the 40 sales last month . July 2017 sales
40 were at their highest level compared to July of 2016 and 2015 .
35
Property
July YTD sales Sales of 181 are running 23.1 % ahead of last year ' s yearto-date sales of 147 .
45
July Property sales were 34 , up 30.8 % from 26 in July of 2016
30 and 15.0 % lower than the 40 sales last month . July 2017 sales
40
25
Number of Properties Sold
3 Mo Avg
were at their highest level compared to July of 2016 and 2015 .
July YTD sales of 181 are running 23.1 % ahead of last year ' s yearto-date sales of 147 .
35
20
30
15
25
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 $ 1,375,000 , down 15.4 % from $ 1,625,000 in July of 2016 and down 3.7 % from
$ 1,427,895 last month . The Average Sales Price in July was
Prices
$ 1,448,600 , down 31.9 % from $ 2,128,536 in July of 2016 and
The down Median 7.6 % from Sales $ Price 1,568,583 in July last was month $ 1,375,000 . July 2017 , down ASP 15.4 was % at
0
Median Sales Price and Average Sales Price
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
2,10014
15
16
17
Median Sales Price and Average Sales Price
1,900
3 Mo Avg
from the lowest $ 1,625,000 level compared in July of to 2016 July and of 2016 down and 3.72015 % from .
$ 1,427,895 last month . The Average Sales Price in July was
2,100
1,700
$ 1,448,600 , down 31.9 % from $ 2,128,536 in July of 2016 and down 7.6 % from $ 1,568,583 last month . July 2017 ASP was at
1,900
1,500
the lowest level compared to July of 2016 and 2015 .
1,700
1,300
21 14 22
Website Other
13 17 9
21 14 22 13 17 9 13 16 26 17 29 19 20 19 16 9
13 16 26 17 29 19 20 19 16 9 19 10 8
19 10 8 22 28 21 32 26 23 17 16 29 22 15 18 23 16 35 40 34
22 28 21 32 26 23 17 16 29 22 15 18 23 16 35 40 34
1,500 1,100 1,300
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
J
, Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of July was 287 , equal to 287 last month and up 7.1 % from 268 in July
1,100
350
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
of last year . July 2017 Inventory was at its highest level
300
30.0
Inventory compared with & MSI July of 2016 and 2015 .
The Total Inventory of Properties available for sale as of July was 287 , equal to 287 last month and up 7.1 % from 268 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 8.4 months was at its lowest level compared with July of 2016 and
250
350
200
300
150
250
100
200
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
2015 .
1500
0.0
15.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 8.4 months was at its lowest level compared with July of 2016 and 2015 .
100
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
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
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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 .
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