FL ARCHIVED November 2017 | Page 9

Market Action Report November 2017
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report November 2017

Phone 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
$ 283,900
3 %
11 %
Average List Price of all Current Listings
$ 415,424
2 %
13 %
November Median Sales Price
$ 230,000
5 %
1 %
7 %
10 %
$ 225,000
7 %
7 %
November Average Sales Price
$ 277,540
2 %
0 %
3 %
9 %
$ 274,550
8 %
7 %
Total Properties Currently for Sale ( Inventory )
4,637
-7%
-19%
November Number of Properties Sold
1,828
1 %
-0%
21,546
4 %
November Average Days on Market ( Solds )
60
15 %
13 %
5 %
5 %
54
-5%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 150
0 %
1 %
12 %
12 %
$ 144
8 %
7 %
November Sold Price per Square Foot
$ 138
2 %
1 %
8 %
10 %
$ 134
8 %
7 %
November Month ' s Supply of Inventory
2.5
-8%
-11% -19% -18%
2.8
-9%
-9%
November Sale Price vs List Price Ratio
95.9 %
. 1 %
. 1 %
-. 3 %
-. 1 %
96.0 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
3,000 November Property sales were 1,828 , down 0.3 % from 1,834 in
November of 2016 and 1.3 % higher than the 1,804 sales last 2,500 Property month . November Sales 2017 sales were at a mid level compared to 3,000
November Property of 2016 sales and were 2015 . 1,828 November , down 0.3 YTD % from sales 1,834 of 21,546 in are
2,000 November running 3.9 of 2016 % ahead and of 1.3 last % higher year ' s than year-to-date the 1,804 sales of last 20,737 . 2,500 month . November 2017 sales were at a mid level compared to November of 2016 and 2015 . November YTD sales of 21,546 are 1,500
2,000 running 3.9 % ahead of last year ' s year-to-date sales of 20,737 .
1,000 1,500
1,000
500
1,810 1,179
Title
Website Other
1,504 1,890 1,964
Number of Properties Sold
500
0
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 230,000 , up 7.0 %
D
J
F M A M J
14
15
J
A
Median S O N D Sales
J
F M Price A M J and
J
A SAverage O N D
J Sales
F M A Price M J
J
16
17
A S O N
3 Mo Avg
Prices from $ 215,000 in November of 2016 and up 4.5 % from
The
$ 220,000 Median Sales last month Price in . The November Average was Sales $ 230,000 Price in , up November 7.0 % from was $ 215,000 277,540 in , up November 3.4 % from of 2016 $ 268,332 and up in 4.5 November % from of 2016 and
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$ up 220,000 2.2 % from last month $ 271,485 . The last Average month Sales . November Price in November 2017 ASP was at was $ 277,540 , up 3.4 % from $ 268,332 in November of 2016 and
270 the highest level compared to November of 2016 and 2015 . up 2.2 % from $ 271,485 last month . November 2017 ASP was at
250
250
230
the highest level compared to November of 2016 and 2015 .
230
210
210
190
190
170
1,810 1,179 1,504 1,890 1,964 1,908 2,257 2,115 1,965 1,833 1,777 1,464 1,810 1,236 1,499 1,896 2,038 2,138 2,208 2,061 2,103 1,950 1,774 1,834 1,894 1,418 1,580 2,136 1,965 2,366 2,398 2,203 2,236 1,612 1,804 1,828
170 150 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
150 14 15
16
17 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 14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 4,637 of Properties , down 7.1 % available from 4,990 for sale last as month of and
8,000 6.0
November down 19.1 was % from 4,6375,731 , down in 7.1 November % from 4,990 of last last year month . November and 8,0007,000
6.0 5.0 down 201719.1 Inventory % from 5,731 was at in its November lowest level of last compared year . November with November 7,0006,000 5.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with November 6,0005,000
4.0 of 2016 and 2015 . 5,000
4.0 4,000
3.0
4,0003,000 3.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a
2.0
A comparatively lower MSI is more beneficial for sellers while a 2,000 higher MSI is better for buyers . The November 2017 MSI of 2.5
2.0
2,000 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 2.5 of 2016 1,000
1.0
1.0 months was at its lowest level compared with November of 2016 1,000 and 2015 .
0 0.0 and 2015 . 0
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
0.0 S O N
D J
14
F 15 M A M J J A S O N D J F M 16 A M J J A S O N D J F M A
17 M J J A S O N
14 15 16
17
1,908 2,257 2,115 1,965
6,967 6,696 6,650 6,561 6,574 6,573 6,606 6,342 6,115 5,979 5,971 5,903 1,833 1,777
6,967 6,696 6,650 6,561 6,574 6,573 6,606 6,342 6,115 5,979 5,971 5,903
Number of Properties Sold
1,464 1,810 1,236 1,499 1,896 2,038 2,138 2,208 2,061 2,103
3 Mo Avg
5,562 5,588 5,598 5,693 5,636 5,732 5,803 5,854 5,824 5,776 5,736 5,731 5,452 5,548 5,522 5,529 5,457 5,587 5,653 5,567 5,480 5,285 4,990 4,637
1,950 1,774
5,562 5,588 5,598 5,693 5,636 5,732 5,803 5,854 5,824 5,776 5,736 5,731 5,452 5,548 5,522 5,529 5,457 5,587 5,653 5,567 5,480 5,285
1,834 1,894 1,418 1,580 2,136 1,965 2,366 2,398 2,203 2,236
3 Mo Avg
1,612 1,804
4,990 4,637
1,828
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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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