FL ARCHIVED October 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
$ 1,289,000
-1%
-5%
Average List Price of all Current Listings
$ 2,033,929
-5%
-10%
October Median Sales Price
$ 1,250,000
-17%
0 %
25 %
-12%
$ 1,250,000
-22%
-12%
October Average Sales Price
$ 1,250,000
-17% -12% 25 %
-13%
$ 1,408,030
-9%
-2%
Total Properties Currently for Sale ( Inventory )
17
13 %
21 %
October Number of Properties Sold
1 -50%
0 %
5
-17%
October Average Days on Market ( Solds )
168
56 %
31 %
49 %
83 %
150
35 %
63 %
Asking Price per Square Foot ( based on New Listings )
$ 321
59 %
20 % 106 %
8 %
$ 280
-1%
-6%
October Sold Price per Square Foot
$ 254
15 %
10 %
17 %
3 %
$ 235
-9%
-5%
October Month ' s Supply of Inventory
17.0
127 % 39 %
21 %
10 %
13.4
-17%
-13%
October Sale Price vs List Price Ratio
86.2 % -1.6% -1.1% 11.7 %
. 2 %
85.0 %
2 %
-1%
* 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 October Property sales were 1 , equal to 1 in October of 2015 and 50.0 % lower than the 2 sales last month . October 2016 sales were at their highest level compared to October of 2015 and 2014 . October YTD sales of 5 are running 16.7 % behind last year ' s year-to-date sales of 6 .
Prices The Median Sales Price in October was $ 1,250,000 , up 25.0 % from $ 1,000,000 in October of 2015 and down 16.7 % from $ 1,501,325 last month . The Average Sales Price in October was $ 1,250,000 , up 25.0 % from $ 1,000,000 in October of 2015 and down 16.7 % from $ 1,501,325 last month . October 2016 ASP was at the highest level compared to October 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
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
Median Sales Price and Average Sales Price
3 Mo Avg
0 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
1,400 1,200
Inventory & MSI The Total Inventory of Properties available for sale as of October was 17 , up 13.3 % from 15 last month and up 21.4 % from 14 in October of last year . October 2016 Inventory was at a mid level compared with October of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 17.0 months was at its highest level compared with October of 2015 and 2014 .
1,000
25
N
D
J
F M A M J
13
14
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O
25.0
20 15 25
10 20
5 15
0 10
5 0
23 23
21 21
16 16
22 22
18 18
Total Inventory & Month ' s Supply of Inventory ( MSI )
19 19 19
19 19 19
18 18
16 16
18 18
20 20
19 19
18 18
16
16
16
N D J F M A M J J A S O N D J 13 14
15
16 15 15
17
17 21 22 21
16
14 14 14
12 11 12
15 17 18
14 15 15 15
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
21 22 21
16
14 14 14
12
F M A M J
J
A S O N D J
F M A M J
J
A S O
16
11 12
15 17 18
14 15 15 15
17
17
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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