FL ARCHIVED November 2016 | Page 21

Tarpon Springs Community Information | School District

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
$ 1,224,500
-2%
-10%
Average List Price of all Current Listings
$ 2,050,063
2 %
-13%
November Median Sales Price
$ 1,160,000
-7%
-4%
-18%
$ 1,243,750
-22%
-12%
November Average Sales Price
$ 1,160,000
-7% -14%
-19%
$ 1,366,692
-11%
-5%
Total Properties Currently for Sale ( Inventory )
16
-6%
14 %
November Number of Properties Sold
1
0 %
6
0 %
November Average Days on Market ( Solds )
0 -100% -100%
-100%
125
13 %
36 %
Asking Price per Square Foot ( based on New Listings )
$ 230
-28% -8% -41% -23%
$ 274
-5%
-8%
November Sold Price per Square Foot
$ 226
-11% -2%
-9%
$ 234
-9%
-5%
November Month ' s Supply of Inventory
16.0
-6%
19 %
0 %
4 %
13.9
-14%
-10%
November Sale Price vs List Price Ratio
83.2 % -3.5% -3.4%
-3.2%
84.7 %
2 %
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales November Property sales were 1 , up from 0 in November of 2015 and the same as the 1 sales last month . November 2016 sales were at their highest level compared to November of 2015 and 2014 . November YTD sales of 6 are running equal to last year ' s year-to-date sales of 6 .
Prices The Median Sales Price in November was $ 1,160,000 , up from $ 0 in November of 2015 and down 7.2 % from $ 1,250,000 last month . The Average Sales Price in November was $ 1,160,000 , up from $ 0 in November of 2015 and down 7.2 % from $ 1,250,000 last month . November 2016 ASP was at the highest level compared to November of 2015 and 2014 .
5 4 4 3 3 2 2 1 1 0 -1
2,000 1,800 1,600
Number of Properties Sold
3 Mo Avg
3 Mo Avg
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 A S O N 13 14
15
16 Median Sales Price and Average Sales Price
3 Mo Avg
0 0 0 0 2 2 1 0 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
1,400 1,200
Inventory & MSI The Total Inventory of Properties available for sale as of November was 16 , down 5.9 % from 17 last month and up 14.3 % from 14 in November of last year . November 2016 Inventory was at a mid level compared with November of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2016 MSI of 16.0 months was at its lowest level compared with November of 2015 and 2014 .
1,000 25 20 15 25
10 20
5 15
0 10
5 0
21
21
D J 13 14
16
16
D J 13 14
D J 13 14
22 22
18
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
15
16
18 19
Total Inventory & Month ' s Supply of Inventory ( MSI )
19 19
19 19 19
18 18
16 16
18 18
20 20
19 19
18 18
16
16 16
F M A M J
J
A S O N D J
15
16 15 15
17 17
21 21
22 22
21 21
16
14 14 14
12 11 12
15
F M A M J J A S O N
25.0
17
18
14 15 15 15
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
A S O N
15
16
16
14 14 14
12 11
F M A M J
J
A S O N D J
F M A M J
J
A S O N
16
12
15 17 18
14 15 15 15
17 17
16
16
20.0 15.0 25.0
10.0 20.0
5.0 15.0
0.0 10.0
5.0 0.0
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