FL ARCHIVED October 2016 | Page 9

Community Information | School District

Hillsborough Agent Name County

Market Action Report October 2016

County : Hillsborough

Title Phone

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
$ 1,450,000
1 %
-3%
Average List Price of all Current Listings
$ 1,844,440
2 %
-6%
October Median Sales Price
$ 1,275,000
-8%
-8%
-5%
0 %
$ 1,300,000
2 %
2 %
October Average Sales Price
$ 1,697,096
-1%
-6%
21 %
18 %
$ 1,685,624
16 %
17 %
Total Properties Currently for Sale ( Inventory )
275
2 %
10 %
October Number of Properties Sold
16
-6%
0 %
203
10 %
October Average Days on Market ( Solds )
149 -24% 12 %
-7%
22 %
134
7 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 389
-1%
2 %
23 %
6 %
$ 362
-1%
-1%
October Sold Price per Square Foot
$ 353
3 %
3 %
17 %
11 %
$ 345
7 %
8 %
October Month ' s Supply of Inventory
17.2
8 %
16 %
10 %
12 %
14.9
4 %
-3%
October Sale Price vs List Price Ratio
87.8 % -4.1% -4.3% -4.6% -4.2%
91.0 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
35 October Property sales were 16 , equal to 16 in October of 2015 and 5.9 % lower than the 17 sales last month . October 2016 sales 30 were at their lowest level compared to October of 2015 and
Property 2014 . October Sales YTD sales of 203 are running 10.3 % ahead of last 25 35
October year ' s year-to-date Property sales sales were of 184 16 ,. equal to 16 in October of 2015
20 and 5.9 % lower than the 17 sales last month . October 2016 sales 30 were at their lowest level compared to October of 2015 and 15 2014 . October YTD sales of 203 are running 10.3 % ahead of last 25 year ' s year-to-date sales of 184 . 10 20
5 15
0 10
N
D
5
13
Prices
The Median Sales Price in October was $ 1,275,000 , down 4.9 %
0
from $ 1,341,250 in October of 2015 and down 7.6 % from
$ 1,380,000 last month . The Average Sales Price in October was
N
D
2,100
13
$ 1,697,096 , up 20.6 % from $ 1,406,763 in October of 2015 and
Prices down 1.0 % from $ 1,713,737 last month . October 2016 ASP was
The Median Sales Price in October was $ 1,275,000 , down 4.9 % at the highest level compared to October of 2015 and 2014 . from $ 1,341,250 in October of 2015 and down 7.6 % from
$ 1,380,000 last month . The Average Sales Price in October was
1,900
1,700
2,100
$ 1,697,096 , up 20.6 % from $ 1,406,763 in October of 2015 and down 1.0 % from $ 1,713,737 last month . October 2016 ASP was
1,500
1,900
at the highest level compared to October of 2015 and 2014 .
1,300
1,700
Inventory & MSI
1,100
The Total Inventory of Properties available for sale as of
October was 275 , up 1.9 % from 270 last month and up 9.6 %
300
from 251 in October of last year . October 2016 Inventory was at
250
its highest level compared with October of 2015 and 2014 .
Inventory & MSI
200
The Total Inventory of Properties available for sale as of
October was 275 , up 1.9 % from 270 last month and up 9.6 %
300
150
from 251 in October of last year . October 2016 Inventory was at
A comparatively lower MSI is more beneficial for sellers while a its higher
highest MSI
level is better
compared for buyers
with October . The October
of 2015 2016
and MSI
2014 of
.
17.2 months was at its highest level compared with October of 2015
250
100
200
50
and 2014 .
1500
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 17.2 months was at its highest level compared with October of 2015 and 2014 .
1,100 1,500
1,300
100 50
11
11 11 10 9 8
Number of Properties Sold
18 15 14 26 21 14 22 13 17 9
Median Sales Price and Average Sales Price
Total Inventory & Month ' s Supply of Inventory ( MSI )
13 16 26 17 29 19 20 19 16 9 c o l d w e l l b a n k e r h o m e s . c o m | 9
19 10 8 22 28 21 32 26 23 17 16
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
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
13
14
15
16
211 11 196
10 211
Website Other
9 213
8 214
18 221
15 226
14 221
26
213 208 206 200
Number of Properties Sold
Median Sales Price and Average Sales Price
Total Inventory & Month ' s Supply of Inventory ( MSI )
216 208 223 225 246 245 247 245 237 248 253 251 254 235 246 233 245
F M A M J J A S O 35.0
0
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 N D and J Up F | MProperty A MTypes J : JSFH A - Con 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 Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 13 Association 14 of REALTORS , My Florida Regional MLS 15 , Naples Area Board of REALTORS , REALTORS 16 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 .
21 14 22 13 17 9 13 16 26 17 29 19 20 19 16 9 19 10 8 22
255 28
245 21
265 273
32 266
26 270
3 Mo Avg
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
14
15
16
23
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
211 196 211 213 214 221 226 221
N D J F M A M J
13 14
213 208 206 200 216 208 223 225 246 245 247 245
J A S O N D J F M A M J
15
237 248 253 251 254 235 246 233 245 255 245
265
J A S O N D J F M A M J
16
273 266 270 275 275
J A S O
3 Mo Avg
17 16
3 Mo Avg
30.0 25.0 20.0 35.0 15.0 30.0 10.0 25.0 5.0 20.0 0.0 15.0
10.0 5.0