Hillsborough County
Market Action Report
County: Hillsborough
March 2016
Agent Name
Market Action Report
Title
Phone
Agent Name
Website
Title
Other
Phone
Trending versus*:
WebsiteLM L3M PYM LY
Month
$1,500,000
1%
Other -3%
March 2016
County: Hillsborough Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
of| Properties:
all Current
Listings
Price
Range: $1,000,000
and Up
SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
$1,964,095 -1%Trending versus*:
7%
Trending versus*:
Month 2%
LM ####
L3M -11%
PYM 551%
LY
YTD
Prior
YTD Prior
$1,205,000
$191,900
15%
4%Year
$1,500,000
-3% #### -3%
1% 527%
$1,428,484 -33%
$233,621
13%
3%
Average
List PriceCurrently
of all Current
Listings
$1,964,095
-1%
7%
Total Properties
for Sale
(Inventory)
268 12%
8%
March
Price
$1,205,000
2% #### -11%
$191,900
15%
4%
MarchMedian
NumberSales
of Properties
Sold
22 ####
38% 551%
40
5%
March
$1,428,484
-3% 181%
527%
$233,621
13%
3%
MarchAverage
AverageSales
Days Price
on Market (Solds)
194 -33%
43% #### 80%
67 -16%
-3%
Total
Properties
for (based
Sale (Inventory)
268 12%
8% -1%
Asking
Price perCurrently
Square Foot
on New Listings)
$366
8% 0% 0%
$359
5%
-2%
March
of per
Properties
22 -14%
#### #### 38%
40 14%
5%
MarchNumber
Sold Price
Square Sold
Foot
$304
-4% 171%
$117
4%
March
on of
Market
(Solds)
194 -59%
43% -45%
#### -22%
80% 181%
67 -16%
-3%
MarchAverage
Month'sDays
Supply
Inventory
12.2
-21%
22.3
15%
44%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$366
8%
0%
0%
-1%
$359
5%
-2%
March Sale Price vs List Price Ratio
87.3% #### #### #### -7.7%
95.0%
2%
0%
* LM=Last Month
3 Months
/ PYM=Same
Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows
indicate-14%
if Month / YTD
values are
higher (up),
lower (down) or unchanged
March
Sold/ L3M=Last
Price per
Square
Foot
$304
####
-4%
171%
$117(flat) 14%
4%
March Month's Supply of Inventory
12.2 -59% -45% -22%
-21%
22.3
15%
44%
Number of Properties Sold
March
Sale Sales
Price vs List Price Ratio
87.3% #### #### #### -7.7%
95.0%
2%
0%
Property
35
Average List Price of all Current Listings
Market
Profile
& Trends
March Median
Sales
Price Overview
Median
List Price
of all
Current Listings
March Average
Sales
Price
3 Mo Avg
* March
LM=Last Month
/ L3M=Last
3 Months
Month Prior
Year16
/ LY=Last
Year (2015)
Property
sales
were/ PYM=Same
22, up 37.5%
from
in March
of / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
30
Number of Properties Sold
3 Mo Avg
25
35
20
30
15
25
22
10
8
19
16
9
19
20
19
29
17
26
16
13
17
9
13
22
14
21
26
14
15
18
8
10
11
11
12
12
15
14
19
9
22
8
10
19
9
16
19
20
19
29
17
26
16
13
9
17
13
22
14
21
26
14
15
18
8
9
10
11
Median Sales Price and Average Sales Price
11
12
12
15
Prices
14
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 M
13
14
15
16
14
5
16
100
19
155
14
10
20
16
2015 and 175.0% higher than the 8 sales last month. March
2016 sales were at their highest level compared to March of
Property
Sales
2015 and 2014.
March YTD sales of 40 are running 5.3% ahead
March
sales weresales
22, up
of last Property
year's year-to-date
of 37.5%
38. from 16 in March of
2015 and 175.0% higher than the 8 sales last month. March
2016 sales were at their highest level compared to March of
2015 and 2014. March YTD sales of 40 are running 5.3% ahead
of last year's year-to-date sales of 38.
3 Mo Avg
0
The Median Sales Price in March was $1,205,000, down 10.6%
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 M
from $1,347,500 in March of 2015 and up 1.6% from $1,186,195
14
15
16
2,10013
last month. The Average Sales Price in March was $1,428,484,
down 2.6% from $1,466,179 in March of 2015 and down 33.2%
Median
Sales
Price
and
Average
Sales
Price
Prices
3 Mo Avg
1,900
from
$2,139,049
month.
March
ASP wasdown
at the10.6%
lowest
The
Median
Sales last
Price
in March
was2016
$1,205,000,
level $1,347,500
compared toinMarch
2014.
from
Marchofof2015
2015and
and
up 1.6% from $1,186,195 1,700
2,100
last month. The Average Sales Price in March was $1,428,484,
down 2.6% from $1,466,179 in March of 2015 and down 33.2%
1,500
1,900
from $2,139,049 last month. March 2016 ASP was at the lowest
level compared to March of 2015 and 2014.
1,300
1,700
1,100
Inventory & MSI
The Total Inventory of Properties available for sale as of March
was 268, up 12.1% from 239 last month and up 7.6% from 249 in 300
March of last year. March 2016 Inventory was at its highest
250
level compared
with March of 2015 and 2014.
Inventory
& MSI
200
The Total Inventory of Properties available for sale as of March
was 268, up 12.1% from 239 last month and up 7.6% from 249 in 300
150
March of last year. March 2016 Inventory was at its highest
250
A comparatively
lower
MSIof
is 2015
moreand
beneficial
level
compared with
March
2014. for sellers while a 100
higher MSI is better for buyers. The March 2016 MSI of 12.2
200
50
months was at its lowest level compared with March of 2015 and
1500
2014.
A comparatively lower MSI is more beneficial for sellers while a 100
higher MSI is better for buyers. The March 2016 MSI of 12.2
50
months was at its lowest level compared with March of 2015 and
0
2014.
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 M
13
14
15
16
Total Inventory & Month's Supply of Inventory (MSI)
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 M
13
14
15
16 35.0
30.0
211
212
211
209
212
225
223
211
196
211
214
215
223
229
225
217
211
208
202
218
211
226
228
249
247
249
247
239
249
254
253
257
237
248
239
268
1,300
Total Inventory & Month's Supply of Inventory (MSI)
211
212
211
209
212
225
223
211
196
211
214
215
223
229
225
217
211
208
202
218
211
226
228
249
247
249
247
239
249
254
253
257
237
248
239
268
1,100
1,500
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 M
13
14
15
16
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
0.0
15.0
10.0
5.0
0.0
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