FL ARCHIVED October 2016 | Page 35

Market Action Report Community Information | School District Trending versus*: L3M PYM LY * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 4.3 2% 4% -9% -15% 4.0 -19% -20% Number of94.1% Properties 94.7% 1.9% -.1% .6% 2.0% 2% Sold 1% 120 October Property sales were 66, equal to 66 in October of 2015 and 1.5% higher than the 65 sales last month. October 2016 100 Property sales were Sales at their highest level compared to October of 2015 120 October Property sales were 66, equal to 66 in October of 2015 and 2014. October YTD sales of 743 are running 3.1% behind 80 and 1.5% higher than the 65 sales last month. October 2016 100 last year's year-to-date sales of 767. Prices The Median Sales Price in October was $237,450, up 32.3% Prices from $179,500 in October of 2015 and up 14.7% from $207,000 The in October was $237,450, 32.3% lastMedian month.Sales ThePrice Average Sales Price in Octoberupwas $275,638,300 from $179,500 in$241,368 October ofin2015 and up 14.7%and from $207,000 up 14.2% from October of 2015 down 3.3% 280 last month. The Average Sales Price in October was $275,638, from $285,155 last month. October 2016 ASP was at the highest 260 up 14.2% from $241,368 in October of 2015 and down 3.3% level compared to October of 2015 and 2014. 240 from $285,155 last month. October 2016 ASP was at the highest 220 level compared to October of 2015 and 2014. 200 180 160 140 120 100 91 68 55 76 47 66 78 77 92 92 78 73 74 52 57 72 69 3 Mo Avg 13 300 280 260 240 220 200 180 160 140 120 100 Median Sales Price and Average Sales Price 15 16 14 Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 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 A M J J A S O 16M J J A S O N D 13J F 14 M A M J J A S O N D J F M15A M J J A S O N D J F M A 13 14 15 16 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 14.0 12.0 10.0 272 261 273 283 358 352 358 372 352 411 403 372 398 411 395403 407 398 392395 395 407 390 392 407 395 392 390 400 407 408 392 402 400 396 382 408 383 402 349 396 336 382 338 383 325 349 311 336 299 338 310 325 318 311 304 299 313 310 289 318 290 304 280 313 272 289 261 290 273 280 283 Inventory & MSI of Properties available for sale as of The Total Inventory 450 The Total Inventory of Properties sale as ofdown 9.0% October was 283, up 3.7% fromavailable 273 last for month and 450 October was up 3.7% from 273 October last month andInventory down 9.0% from 311 in283, October of last year. 2016 was at 400 from 311 in level October of last year. Inventory was at 400 350 its lowest compared withOctober October2016 of 2015 and 2014. 350 300 its lowest level compared with October of 2015 and 2014. 300 250 250 200 200 A comparatively lower MSI is more beneficial for sellers while 150 a 150 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2016 MSI of 4.3 100 100 higher MSI is better for buyers. The October 2016 MSI of 4.3 months was at its lowest level compared with October of 2015 50 50 months was at its lowest level compared with October of 2015 0 and 2014. 0 and 2014. 66 65 68 75 103 90 62 55 76 47 66 57 49 73 74 52 57 72 69 66 69 71 51 45 29 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 A M J J A S O 13 14 15 16 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 A M J J A S O 53 0 66 0 69 20 71 20 51 40 45 40 29 60 53 60 Number of Properties Sold 34 80 34 sales were at their highest level compared to October of 2015 and 2014. October YTD sales of 743 are running 3.1% behind last year's year-to-date sales of 767. 3 Mo Avg 103 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date Property Sales -12% 6% 8% -20% 1% 75 October Sale Price vs List Price Ratio 15% 90 October Month's Supply of Inventory 78 OctoberSold SalePrice Price vsSquare List Price October per FootRatio 86 October Month's Supply of (based Inventory Asking Price per Square Foot on New Listings) 77 October Sold Price per Square Foot October Average Days on Market (Solds) 92 October Number of Properties Sold 92 Asking Price per Square Foot (based on New Listings) 17% 743 -3% 8% 9% -13% 72 -16% 12% $139 7% 743 -3% 13% $124 72 -16% 8%-12% -15% $139 4.0 7% -19%6% 2.0% $124 94.1% 2% 8% 8% 57 October Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) $210,000 $251,510 92 October Number of Properties Sold October Average Sales Price 49 Total Properties Currently for Sale (Inventory) October Median Sales Price 78 October Average Sales Price Average List Price of all Current Listings Trending versus*: Prior YTD 17% Prior Year 15% 30% YTD $210,000 19% $251,510 8% 9% 86 Market Trends Overview OctoberProfile Median&Sales Price Median List Price of all Current Listings 66 -8% 4% $439,919 Trending -1% versus*:5% Month LM 15% L3M 5% PYM 32% LY $237,450 $289,999 -8% -3% 2% 4% 14% $275,638 $439,919 -1% 5% 283 4% -9% $237,450 15% 5% 32% 30% 66 2% 0% $275,638 -3% 2% 14% 19% 71 -7% 8% -23% 283 4% -9% $147 9% 4% 8% 66 2% 0% $130 -2% 0% 13% 71 -7% 8% -23% -13% $147 4.3 9% 2% 4% 4% 8% -9% 12% $13094.7% -2% 1.9% 0% -.1% 13% .6% 13% Average List Price of all Current Listings Trending versus*: Prior YTD Prior Year YTD 65 LM 68 Phone Website Month Other $289,999 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con 62 Price Range: All | Properties: SFH - Con Inventory & MSI October 2016 Title Phone Agent Name Website TitleOther 92 City: Tarpon Springs Agent Name 91 Market Action Report Tarpon Springs 68 City: Tarpon Springs October 2016 8.0 6.0 4.0 2.0 0.0 J AF M M JA JM AJ S J OA NS DO J NF DM JA FM MJ AJ M A DS JO FN MD AJ MF JM J AAMS JO J A S O N D NJ D F M A SJ OJ N 13 14 15 16 13 14 15 16 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential RealReal Estate / Coldwell Banker United, Realtors | Price| Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es.c o m | 35 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, FloridaMLS, Regional MLS, Board of REALTORS, REALTORSofAssociation of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater FortFort Lauderdale REALTORS, REALTOR Association of Martin County,County, Miami Association of REALTORS, My FloridaMy Regional Naples AreaNaples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REAL does notnot warrant or guarantee the the accuracy of this It is the of any of buyer sellerortoseller verifytoany and any all information relevant torelevant such consumer’s real estate real transaction. does warrant or guarantee accuracy of information. this information. It isresponsibility the responsibility anyorbuyer verify and all information to such consumer’s estate transaction.