FL ARCHIVED October 2017 | Page 9

Market Action Report October 2017 Agent Name

HILLSBOROUGH County : Hillsborough COUNTY

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
$ 1,495,000
1 %
1 %
Average List Price of all Current Listings
$ 1,906,426
0 %
5 %
October Median Sales Price
$ 1,470,313
-0%
4 %
15 %
12 %
$ 1,335,000
1 %
2 %
October Average Sales Price
$ 1,782,769
3 %
11 %
5 %
5 %
$ 1,585,547
-6%
-6%
Total Properties Currently for Sale ( Inventory )
279
-2%
11 %
October Number of Properties Sold
22
-8%
38 %
246
21 %
October Average Days on Market ( Solds )
172
58 %
70 %
15 %
29 %
98
-27%
-26%
Asking Price per Square Foot ( based on New Listings )
$ 431
-2%
3 %
21 %
20 %
$ 387
8 %
8 %
October Sold Price per Square Foot
$ 355
-11% -2%
-0%
1 %
$ 349
1 %
-1%
October Month ' s Supply of Inventory
12.7
7 %
-5% -19%
-8%
12.6
-14%
-9%
October Sale Price vs List Price Ratio
90.2 % -3.0% -2.1% 2.7 % -1.2%
92.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
45
October Property sales were 22 , up 37.5 % from 16 in October of
2016 and 8.3 % lower than the 24 sales last month . October
2017 sales were at their highest level compared to October of
Property
2016 and 2015 Sales . October YTD sales of 246 are running 21.2 %
October ahead of Property last year sales ' s year-to-date were 22 , up sales 37.5 of % 203 from . 16 in October of
2016 and 8.3 % lower than the 24 sales last month . October
40
35
45
30
40
25
Number of Properties Sold
3 Mo Avg
2017 sales were at their highest level compared to October of
2016 and 2015 . October YTD sales of 246 are running 21.2 % ahead of last year ' s year-to-date sales of 203 .
35
20
30
15
25
10
20
5
15
0
10
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
5
14
15
16
17
Prices
The Median Sales Price in October was $ 1,470,313 , up 15.3 % from $ 1,275,000 in October of 2016 and down 0.3 % from
$ 1,474,500 last month . The Average Sales Price in October was
Prices
$ 1,782,769 , up 5.0 % from $ 1,697,096 in October of 2016 and up
The
2.9 % Median from $ Sales 1,733,313 Price last in October month . was October $ 1,470,313 2017 ASP , up was 15.3 at % the
0
Median Sales Price and Average Sales Price
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
2,10014
15
16
17
Median Sales Price and Average Sales Price
1,900
3 Mo Avg
J
A S O
3 Mo Avg
from highest $ 1,275,000 level compared in October October of 2016 of and 2016 down and 0.3 2015 %.
from
$ 1,474,500 last month . The Average Sales Price in October was
2,100
1,700
$ 1,782,769 , up 5.0 % from $ 1,697,096 in October of 2016 and up
2.9 % from $ 1,733,313 last month . October 2017 ASP was at the
1,900
1,500
highest level compared to October of 2016 and 2015 .
1,700
1,300
13 17 9
13 17 9
Title Phone Website Other
13 16 26 17 29 19 20 19 16
Number of Properties Sold
9
13 16 26 17 29 19 20 19 16 9 19 10 8
19 10 8 22 28 21 32 26 23 17 16 29 22
22 28 21 32 26 23 17 16 29 22 15 18 23 16 35 40 34 19 24 22
15 18 23 16 35 40 34
3 Mo Avg
19 24 22
1,500 1,100 1,300
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
Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of
October was 279 , down 2.1 % from 285 last month and up 11.2 %
1,100
350
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
14
15
16
17
J
A S O
35.0
from 251 in October of last year . October 2017 Inventory was at
300
30.0
Inventory its highest level & MSI compared with October of 2016 and 2015 .
The Total Inventory of Properties available for sale as of
October was 279 , down 2.1 % from 285 last month and up 11.2 % from 251 in October of last year . October 2017 Inventory was at its
A highest comparatively level compared lower MSI with is more October beneficial of 2016 for and sellers 2015 while . a higher MSI is better for buyers . The October 2017 MSI of 12.7 months was at its lowest level compared with October of 2016
250
350
200
300
150
250
100
200
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
and 2015 .
1500
0.0
15.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2017 MSI of 12.7 months was at its lowest level compared with October of 2016 and 2015 .
100
50
0
N
D J
F M A M J
14
15
J A S O N D J
F M A M J
16
J A S O N D J
F M A M J
17
J A S O
10.0
5.0
0.0
N
D J
F M A M J
J A S O N D J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
14
15
16
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
J A S O N D J
F M A M J
17 REALTORS , REALTORS Association of the Palm
J A S O Beaches , Space
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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209 209
224 224
226 226
247 247
246 246
248 248
246 246
238 238
249 249
254
254 252 255
252 255
237 237
247 247
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245 245
254 254
244 244
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257 257
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251 251
254 254
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248 248
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