Market Action Report
October 2017
City: Tampa
TAMPA
Market Action Report
Agent Name
October 2017
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other 3%
$1,596,500
0%
City: Tampa Information | School District
Community
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$2,086,585 3% Trending versus*:
5%
Month
LM
LY
YTD
Prior
$1,609,500
7% L3M
9% PYM
26% 19%
$1,357,500
1% YTD Prior
1% Year
$1,596,500
3% 19% 10%
0% 12% $1,647,290
$1,977,528 13%
-6%
-7%
$2,086,585
3%
5%
172 -3%
9%
$1,609,500
7%
9%
26%
1%
1%
15 -29%
15% 19% $1,357,500
192
18%
October
Average
Sales
Price
$1,977,528
13%
19%
10%
12%
$1,647,290
-6%
-7%
October Average Days on Market (Solds)
153 58% 61% 30% 18%
86 -33%
-34%
Total
Properties
for Sale
(Inventory)
172 -3%
9% 24%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$477
6% 14% 19%
$407
7%
6%
October
of Properties
15 -29%
192
18%
October Number
Sold Price
per Square Sold
Foot
$410
-3% 5% 15%
4% 10%
$378
4%
1%
October
on of
Market
(Solds)
153 58%
86 -13%
-33%
-34%
October Average
Month's Days
Supply
Inventory
11.5
36% 61%
13% 30%
-6% 18%
-1%
10.6
-8%
Asking
Price
Square
Foot
(based
$477 -1.6%
6% 14%
19% 1.1%
24%
$407
7%
6%
October
Sale per
Price
vs List
Price
Ratio on New Listings)
92.8%
-.3% 3.2%
93.8%
2%
2%
October
Sold
Price 3 per
Square
Foot
$410 -3% 5% 4% 10%
$378
4%
1%
* LM=Last Month
/ L3M=Last
Months
/ PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
October Month's Supply of Inventory
11.5 36% 13% -6%
-1%
10.6
-13%
-8%
Number of Properties Sold
October
Sale Sales
Price vs List Price Ratio
92.8% -1.6% -.3% 3.2% 1.1%
93.8%
2%
2%
Property
Average List Price of all Current Listings
Market
& Trends
October Profile
Median Sales
Price Overview
Median List Price of all Current Listings
October Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
October
Price
October Median
Number Sales
of Properties
Sold
3 Mo Avg
21 17
3 Mo Avg
2,100
2,500
1,900
2,300
1,700
2,100
1,500
1,900
1,300
1,700
1,100
1,500
1,100
250
200
150
250
100
200
50
150
100 0
50
Median Sales Price and Average Sales Price
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
14 15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
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
14 15
16
17
35.0
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Median Sales Price and Average Sales Price
2,500 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
14
15
16
17
2,300
1,300
The Total Inventory of Properties available for sale as of
October was 172, down 2.8% from 177 last month and up 8.9%
from 158 in October of last year. October 2017 Inventory was at
Inventory
& MSI
its highest level
compared with October of 2016 and 2015.
The Total Inventory of Properties available for sale as of
October was 172, down 2.8% from 177 last month and up 8.9%
from 158 in October of last year. October 2017 Inventory was at
A highest
comparatively
lower MSI
is more
beneficial
sellers
its
level compared
with
October
of 2016 for
and
2015. while a
higher MSI is better for buyers. The October 2017 MSI of 11.5
months was at its lowest level compared with October of 2016
and 2015.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for bu