FL ARCHIVED March 2018 | Page 28

Market Action Report March 2018

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
$ 1,624,450
4 %
2 %
Average List Price of all Current Listings
$ 2,097,018
1 %
4 %
March Median Sales Price
$ 1,660,000
40 %
22 %
44 %
23 %
$ 1,387,000
13 %
3 %
March Average Sales Price
$ 2,269,460
65 %
29 %
55 %
40 %
$ 1,817,798
9 %
12 %
Total Properties Currently for Sale ( Inventory )
184
7 %
-2%
March Number of Properties Sold
21
50 %
40 %
56
33 %
March Average Days on Market ( Solds )
167
21 %
40 %
99 %
80 %
124
51 %
33 %
Asking Price per Square Foot ( based on New Listings )
$ 378
-10% -7%
4 %
-7%
$ 409
8 %
0 %
March Sold Price per Square Foot
$ 430
21 %
12 %
22 %
15 %
$ 401
6 %
7 %
March Month ' s Supply of Inventory
8.8 -29% -8% -30% -14%
9.6
-22%
-6%
March Sale Price vs List Price Ratio
93.0 %
-. 1 %
-. 2 % -. 1 %
-. 9 %
93.3 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales March Property sales were 21 , up 40.0 % from 15 in March of 2017 and 50.0 % higher than the 14 sales last month . March 2018 sales were at their highest level compared to March of Property 2017 and 2016 Sales . March YTD sales of 56 are running 33.3 % ahead March of last Property year ' s year-to-date sales were sales 21 , up of 40.0 42 . % from 15 in March of 2017 and 50.0 % higher than the 14 sales last month . March 2018 sales were at their highest level compared to March of 2017 and 2016 . March YTD sales of 56 are running 33.3 % ahead of last year ' s year-to-date sales of 42 .
Prices The Median Sales Price in March was $ 1,660,000 , up 43.7 % from $ 1,155,000 in March of 2017 and up 39.8 % from $ 1,187,500 last month . The Average Sales Price in March was
Prices $ 2,269,460 , up 54.9 % from $ 1,465,067 in March of 2017 and up The 65.0 Median % from Sales $ 1,375,750 Price in last March month was . March $ 1,660,000 2018 ASP , up 43.7 was % at the from highest $ 1,155,000 level compared in March to of March 2017 of and 2017 up and 39.82016 % from . $ 1,187,500 last month . The Average Sales Price in March was $ 2,269,460 , up 54.9 % from $ 1,465,067 in March of 2017 and up 65.0 % from $ 1,375,750 last month . March 2018 ASP was at the highest level compared to March of 2017 and 2016 .
30 40 25 35 20 30 15 25 10 20 5 15 0 10
Inventory & MSI 1,100
The Total Inventory of Properties available for sale as of March was 184 , up 7.0 % from 172 last month and down 2.1 % from 188 200
in March of last year . March 2018 Inventory was at a mid level Inventory compared with & MSI March of 2017 and 2016 .
150
The Total Inventory of Properties available for sale as of March was 184 , up 7.0 % from 172 last month and down 2.1 % from 188 200
100 in March of last year . March 2018 Inventory was at a mid level compared A comparatively with March lower of MSI 2017 is and more 2016 beneficial . for sellers while a 150 higher MSI is better for buyers . The March 2018 MSI of 8.8
50 months was at its lowest level compared with March of 2017 and 100
2016 .
0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The March 2018 MSI of 8.8
50 months was at its lowest level compared with March of 2017 and
2016 . 0
5
0 2,500A
15 2,300
2,100 2,500 1,900 2,300 1,700 2,100 1,500 1,900
1,300 1,700 1,100 1,500
1,300
23 12 24
Agent Name 40 35
Title Phone Website Other
13 18 17
23 12 24 13 18 17 12 6 11 9 6
Number of Properties Sold
Number of Properties Sold
Median Sales Price and Average Sales Price
17 20 18 28 21 16 15 13 22 17 12 15 15 10 26 36 25 17 21 15 15 20 21 14 21
M J
J
A S O N D
J
F M A M J
J
A S O N D
J
16
17
F M A M J
J
A S O N D
J
18
Median Sales Price and Average Sales Price
Total Inventory & Month ' s Supply of Inventory ( MSI )
3 Mo Avg F M
RS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estate act 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 35.0
12 6 11
30.0
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
0.0 15.0
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 10.0
15 16
17
18 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 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 .
9 6 17 20 18 28 21 16 15
174 174 172 162 170 177 172 172 163 171 166 170 174 160 170 175 169 164 157 162 151 153
171 188 190 186 172 168 174 171 166 167 155 161
172 184
13 22 17 12 15 15 10 26 36 25 17 21 15 15 20
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
174
21 14 21
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
174 172 162 170 177 172 172 163 171 166 170 174 160 170 175 169 164 157 162 151 153
171 188 190 186 172 168 174 171 166 167 155 161
172
3 Mo Avg
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