Market Action Report March 2018 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 |
$ 1,500,000 |
0 % |
|
0 % |
|
|
|
|
Average List Price of all Current Listings |
$ 1,956,449 |
2 % |
|
6 % |
|
|
|
|
March Median Sales Price |
$ 1,619,500 |
39 % |
20 % |
43 % |
22 % |
$ 1,332,500 |
11 % |
1 % |
March Average Sales Price |
$ 2,085,614 |
58 % |
24 % |
52 % |
33 % |
$ 1,721,842 |
12 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
284 |
6 % |
|
0 % |
|
|
|
|
March Number of Properties Sold |
26 |
44 % |
|
13 % |
|
70 |
25 % |
|
March Average Days on Market ( Solds ) |
172 |
8 % |
27 % |
62 % |
64 % |
133 |
43 % |
27 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 350 |
-9% |
-6% |
1 % |
-9% |
$ 376 |
7 % |
-2% |
March Sold Price per Square Foot |
$ 392 |
13 % |
8 % |
31 % |
13 % |
$ 375 |
12 % |
8 % |
March Month ' s Supply of Inventory |
10.9 -27% -8% -12% -11% |
11.9 |
-19% |
-4% |
March Sale Price vs List Price Ratio |
92.1 % |
-. 8 % |
. 1 % |
. 7 % |
-. 2 % |
92.6 % |
-1% |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
45 March Property sales were 26 , up 13.0 % from 23 in March of 2017 and 44.4 % higher than the 18 sales last month . March
40 2018 sales were at their highest level compared to March of 35 Property 2017 and 2016 Sales . March YTD sales of 70 are running 25.0 % ahead 45 March Property sales were 26 , up 13.0 % from 23 in March of 30 of last year ' s year-to-date sales of 56 . 2017 and 44.4 % higher than the 18 sales last month . March 40
25 2018 sales were at their highest level compared to March of 35
20 2017 and 2016 . March YTD sales of 70 are running 25.0 % ahead
30 of last year ' s year-to-date sales of 56 .
15 25
10 20
5 15
0 10
5
Prices 0
The Median Sales Price in March was $ 1,619,500 , up 43.2 % A from $ 1,131,264 in March of 2017 and up 39.3 % from
2,10015 $ 1,162,500 last month . The Average Sales Price in March was
Prices $ 2,085,614 , up 52.0 % from $ 1,372,272 in March of 2017 and up The Median Sales Price in March was $ 1,619,500 , up 43.2 %
1,900
58.0 % from $ 1,320,028 last month . March 2018 ASP was at the from highest $ 1,131,264 level compared in March to of March 2017 of and 2017 up and 39.32016 % from .
2,100 1,700
$ 1,162,500 last month . The Average Sales Price in March was $ 2,085,614 , up 52.0 % from $ 1,372,272 in March of 2017 and up
1,900 1,500
58.0 % from $ 1,320,028 last month . March 2018 ASP was at the highest level compared to March of 2017 and 2016 .
1,700 1,300
26 17 29
Title Phone Website Other
19 20 19 16 9
26 17 29 19 20 19 16 9 19 10 8
19 10 8
Number of Properties Sold
Number of Properties Sold
22
22 28 21 32 26 23 17 16 29 22 15 18 23 16 35 40 34 19 24 22 21 24 26 18 26
M J |
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
J |
|
|
|
16 |
|
|
|
17 |
28 21 32 26 23 17
Median Sales Price and Average Sales Price
F M A M J |
J |
A S O N D |
J |
|
|
|
18 |
Median Sales Price and Average Sales Price
16 29 22 15 18 23 16 35 40 34 19 24 22 21 24
3 Mo Avg
3 Mo Avg
|
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 |
15 |
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
26 18 26
3 Mo Avg F M
3 Mo Avg
1,500 1,100 1,300
|
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 |
15 |
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
Inventory & MSI |
1,100 |
The Total Inventory of Properties available for sale as of March |
was 284 , up 6.0 % from 268 last month and equal to 284 in |
350 |
March of last year . March 2018 Inventory was at its highest |
300 |
|
Inventory level compared & MSI with March of 2017 and 2016 .
The Total Inventory of Properties available for sale as of March was 284 , up 6.0 % from 268 last month and equal to 284 in
|
250
350
200
|
March of last year . March 2018 Inventory was at its highest |
300
150
|
|
level
A comparatively compared with lower March MSI of is 2017 more and beneficial 2016 . for sellers while a
250
100 higher MSI is better for buyers . The March 2018 MSI of 10.9 months was at its lowest level compared with March of 2017 and
200
50
|
2016 . |
1500 |
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The March 2018 MSI of 10.9 months was at its lowest level compared with March of 2017 and |
100
50
|
2016 . |
0 |
246
A 15
246 248 248
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
F M A M J |
J |
A S O N D |
J 17 |
246
246
A M J 15
238 238
249 249
F M A M J |
J |
A S O N D |
J |
|
|
|
18 |
Total Inventory & Month ' s Supply of Inventory ( MSI )
254 254
252 252
255 255
237 237
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 O N D J F M Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17
18 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 , REALTORS Association of the Palm Beaches , Space Coast Association of REAL
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 .
247 247
234
234 245 254
245 254
243 243
261 261
J A S O N D J F M A M J 16
266 266
256 256
257 257
250 250
253 253
234 234
248 248
268 268
284 284
295 295
291 291
276 276
J A S O N D J F M A M J 17
278
278
F M 35.0
Coldwell Banker Global Luxury ® | 9
285 285
278 278
274 274
266 266
251 251
255 255
268 268
284 284
J A S O N D J F M 18
30.0 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