FL ARCHIVED April 2017 - Page 35

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 $369,450 5% 15% Average List Price of all Current Listings $526,329 6% 15% April Median Sales Price $225,000 -2% -1% 30% 7% $226,250 13% 8% April Average Sales Price $248,765 -3% -2% 8% 0% $254,928 11% 2% Total Properties Currently for Sale (Inventory) 256 -7% -11% April Number of Properties Sold 75 -26% 21% 298 8% April Average Days on Market (Solds) 68 -16% -15% -31% -6% 80 -2% 11% Asking Price per Square Foot (based on New Listings) $157 6% 3% 15% 12% $152 11% 9% April Sold Price per Square Foot $134 -3% 1% 18% 8% $133 16% 7% April Month's Supply of Inventory 3.4 26% 1% -27% -14% 3.7 -20% -7% April Sale Price vs List Price Ratio 95.2% .8% 1.4% 3.6% 1.4% 93.9% 1% 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales April Property sales were 75, up 21.0% from 62 in April of 2016 and 26.5% lower than the 102 sales last month. April 2017 sales were at a mid level compared to April of 2016 and 2015. April YTD sales of 298 are running 8.0% ahead of last year's year-todate sales of 276. 120 100 80 Number of Properties Sold 3 Mo Avg 60 40 20 Prices The Median Sales Price in April was $225,000, up 29.7% from $173,500 in April of 2016 and down 2.2% from $229,950 last month. The Average Sales Price in April was $248,765, up 8.4% from $229,430 in April of 2016 and down 2.7% from $255,742 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 0 290 270 250 230 210 190 170 150 69 66 69 72 57 52 74 73 49 57 92 87 78 92 92 77 78 66 47 76 55 68 91 62 90 103 75 68 65 66 65 76 57 64 102 75 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 N D J F M A 14 15 16 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 N D J F M A 14 15 16 17 Inventory & MSI The Total Inventory of Properties available for sale as of April was 256, down 7.2% from 276 last month and down 11.4% from 289 in April of last year. April 2017 Inventory was at its lowest level compared with April of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2017 MSI of 3.4 months was at its lowest level compared with April of 2016 and 2015. 450 400 350 300 250 200 150 100 50 0 395 407 392 395 390 Total Inventory & Month's Supply of Inventory (MSI) 407 392 400 408 402 396 382 383 349 336 338 325 311 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 N D J F M A 14 15 16 17 299 310 318 304 313 289 290 281 273 261 268 269 280 260 264 256 276 256 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 c o l d w e l l b a n k e r h o m e s.c o m | 35 Market Action Report Community Information | School District Trending versus*: L3M PYM LY 5% 15% $526,329 Trending 6% versus*: 15% Month LM -2% L3M -1% PYM 30% LY $225,000 $369,450 5% -3% -2% 15% 8% $248,765 $526,329 6% 15% 256 -7% -11% $225,000 -2% -1% 30% 7% 75 -26% 21% $248,765 -3% -2% 8% 0% 68 -16% -15% -31% 256 -7% -11% $157 6% 3% 15% 75 -26% 21% $134 -3% 1% 68 -16% -15% -31% 18% -6% $157 3.4 6% 26% 3% 1% 15% -27% 12% $134 95.2% -3% .8% 1% 1.4% 18% 3.6% 8% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Prices 3 Mo Avg 14 15 The Median Sales Price in April was $225,000, up 29.7% from Prices $173,500 in April of 2016 and down 2.2% from $229,950 last 290 The Median Sales Price Sales in April was in $225,000, 29.7% from month. The Average Price April was up $248,765, up 8.4% $173,500 in April of 2016 and down 2.2% from $229,950 last from $229,430 in April of 2016 and down 2.7% from $255,742 290 270 month. The Average Sales ASP Price in April $248,765, up 8.4% to last month. April 2017 was at the was highest level compared 270 250 from $229,430 in April of 2016 and down 2.7% from $255,742 April of 2016 and 2015. last month. April 2017 ASP was at the highest level compared to 250 230 Median Sales Price and 16 Average Sales Price 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 N D J F M A 14 15 16 17 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 N D J F M A 0 0 20 20 40 40 60 60 Number of Properties Sold 120 April Property sales were 75, up 21.0% from 62 in April of 2016 and 26.5% lower than the 102 sales last month. April 2017 sales 100 Property Sales were at a mid level compared to April of 2016 and 2015. April 120 April Property sales were 75, up 21.0% from 62 in April of 2016 YTD sales of 298 are running 8.0% ahead of last year's year-to- and 26.5% lower than the 102 sales last month. April 2017 sales 100 80 date sales of 276. 3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 80 11% 9% 7% -7% 0% April Sale Price vs List Price Ratio were at a mid level compared to April of 2016 and 2015. April YTD sales of 298 are running 8.0% ahead of last year's year-to- date sales of 276. 8% 8% 2% -2% 11% 16% 11% -20% 9% 1% 7% 3.4 26% 1% -27% -14% 3.7 -20% -7% Number of 93.9% Properties 95.2% .8% 1.4% 3.6% 1.4% 1% Sold 0% April Month's Supply of Inventory April Sold Sale Price Price per vs Square List Price April Foot Ratio April Month's Inventory Asking Price per Supply Square of Foot (based on New Listings) April Sold Price per Square Foot April Average Days on Market (Solds) April Number of Properties Sold 13% Asking Price per Square Foot (based on New Listings) 8% 2% 11% 298 11% -6% 80 12% $152 298 8% 8% 80 $133 -2% -14% $152 3.7 11% 1.4% $133 93.9% 16% April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) $226,250 $254,928 55 April Number of Properties Sold April Average Sales Price 77 Total Properties Currently for Sale (Inventory) April Median Sales Price $254,928 Average List Price of all Current Listings April Average Sales Price Trending versus*: YTD Prior YTD 13% Prior Year $226,250 7% 0% Market Profile & Trends April Median Sales Price Overview Median List Price of all Current Listings Average List Price of all Current Listings Trending versus*: Prior YTD Prior Year YTD LM Phone Website Month Other $369,450 Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con Price Range: All | Properties: SFH - Con April of 2016 and 2015. April 2017 Title Phone Agent Name Website Title Other City: Tarpon Springs Agent Name Market Action Report Tarpon Springs City: Tarpon Springs April 2017 17 Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 230 210 210 190 190 170 170 150 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI 2015. 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI of Properties available for sale as of April The Total Inventory 450 The of Properties available for and sale down as of 11.4% April from was Total 256, Inventory down 7.2% from 276 last month 450 400 was down ½˜(ܸȔ)±…ÍЀÈÀÄÜ)µ½¹Ñ )…¹‘½Ý¸(ÄĸД)™É½´(Èàä€ÈÔØ°)¥¸ÁÉ¥°)±…ÍЁ™É½´)啅ȸ€ÈÜØ)ÁÉ¥°)%¹Ù•¹Ñ½Éä)݅Ì)…Ё¥ÑÌ)±½Ý•ÍÐ(ÐÀÀ€ÌÔÀ(Èàä)¥¸½µÁ…É•)ÁÉ¥°½˜±…ÍЁݥѠ)啅ȸÁÉ¥°)ÁÉ¥°)±•Ù•°)½˜€ÈÀÄÜ(ÈÀÄ؁%¹Ù•¹Ñ½Éä)…¹€ÈÀÄÔ¸Ý…́…Ё¥Ñ́±½Ý•ÍÐ(ÌÔÀ€ÌÀÀ)±•Ù•°½µÁ…É•Ý¥Ñ ÁÉ¥°½˜€ÈÀÄ؁…¹€ÈÀÄÔ¸(ÌÀÀ€ÈÔÀ(ÈÔÀ(ÈÀÀ(ÈÀÀ)½µÁ…É…Ñ¥Ù•±ä±½Ý•È5M$¥Ìµ½É”‰•¹•™¥¥…°™½ÈÍ•±±•É́ݡ¥±”€ÄÔÀ)„€ÄÔÀ)½µÁ…É…Ñ¥Ù•±ä±½Ý•È5M$¥Ìµ½É”‰•¹•™¥¥…°™½ÈÍ•±±•É́ݡ¥±”„(ÄÀÀ)¡¥¡•È5M$¥Ì‰•Ñѕȁ™½È‰Õå•É̸Q¡”ÁÉ¥°€ÈÀÄ܁5M$½˜€Ì¸Ð(ÄÀÀ)¡¥¡•È5M$¥Ì‰•Ñѕȁ™½È‰Õå•É̸Q¡”ÁÉ¥°€ÈÀÄ܁5M$½˜€Ì¸Ð)µ½¹Ñ¡ÌÝ…́…Ё¥Ñ́±½Ý•ÍЁ±•Ù•°½µÁ…É•Ý¥Ñ ÁÉ¥°½˜€ÈÀÄ؁…¹€ÔÀ€ÔÀ)µ½¹Ñ¡ÌÝ…́…Ё¥Ñ́±½Ý•ÍЁ±•Ù•°½µÁ…É•Ý¥Ñ ÁÉ¥°½˜€ÈÀÄ؁…¹(À(ÈÀÄÔ¸(À(ÄÔÀ(ä¸À(à¸À(ܸÀ(ظÀ(Ô¸À(иÀ(̸À(ȸÀ(ĸÀ(À¸À)(L(<)8L<(84(44((4(L(<8L<(84)(4)4)4(4()((4L(<(8L(<84(4(ÄÔ(ÄØ(ÄÜ(ÄЀÄÐ(ÄÔ(ÄØ(ÄÜ) ½ÁåÉ¥¡Ð+ ¤ ½±‘Ý•±°) …¹­•È)I•Í¥‘•¹Ñ¥…°)Íхє(¼ ½±‘Ý•±°) …¹­•È)U¹¥Ñ•°)I•…±Ñ½ÉÌ)AÉ¥”I…¹”è)±°ðAɽÁ•ÉÑä)QåÁ•Ìè)M €´ ½¸) ½ÁåÉ¥¡Ð+ ¤ ½±‘Ý•±°) …¹­•È)I•Í¥‘•¹Ñ¥…°)I•…°I•…°)Íхє(¼ ½±‘Ý•±°) …¹­•È)U¹¥Ñ•°)I•…±Ñ½ÉÌ)ðAÉ¥”ðI…¹”è)±°ðAɽÁ•ÉÑä)QåÁ•ÌèM (´ ½¸)Œ¼°‘܁•°°ˆ„¸¬•È ¼´•Ì€¸Œ¼´)ð€ÌÔ)…Ñ„)Áɽ٥‘•)½ÕÉѕÍä)½˜ɕ…Ñ•È)1…Õ‘•É‘…±”)I1Q=IL°)I1Q=H)Íͽ¥…Ñ¥½¸)½˜5…ÉÑ¥¸)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)±½É¥‘„51L°)I•¥½¹…°)51L°) ½…ɐ½˜I1Q=IL°)I1Q=IL½˜Íͽ¥…Ñ¥½¸)½˜Ñ¡”A…±´) •…¡•Ì°)MÁ…” ½…ÍÐ)Íͼ)…Ñ„)¥Ì¥Ì)Áɽ٥‘•)½ÕÉѕÍä)½˜ɕ…Ñ•È)½ÉЁ½ÉÐ)1…Õ‘•É‘…±”)I1Q=IL°)I1Q=H)Íͽ¥…Ñ¥½¸)½˜5…ÉÑ¥¸) ½Õ¹Ñ䰁 ½Õ¹Ñä°)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)5䁱½É¥‘„5ä)I•¥½¹…°)9…Á±•Ì)ɕ„9…Á±•Ì) ½…ɐɕ„)½˜I1Q=IL°)I1Q=ILÍͽ¥…Ñ¥½¸)Ñ¡”A…±´ •…¡•Ì°)MÁ…”) ½…ÍЁÍͽ¥…Ñ¥½¸)½˜I0)‘½•Ì)¹½Ð¹½Ð)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”Ñ¡”)…ÕɅä)½˜Ñ¡¥Ì)%Ё¥ÌÑ¡”)½˜…¹ä½˜)‰Õå•È)͕±±•È½ÈÑ¼Í•±±•È)ٕɥ™äÑ¼…¹ä)…¹…¹ä)…±°¥¹™½Éµ…Ñ¥½¸)ɕ±•Ù…¹ÐÑ¼É•±•Ù…¹Ð)ÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÉ•…°)ÑɅ¹Í…Ñ¥½¸¸)‘½•Ì)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)…ÕɅä)½˜¥¹™½Éµ…Ñ¥½¸¸)Ñ¡¥Ì¥¹™½Éµ…Ñ¥½¸¸)%Ё¥ÌÉ•ÍÁ½¹Í¥‰¥±¥Ñä)Ñ¡”É•ÍÁ½¹Í¥‰¥±¥Ñä)…¹ä½È‰Õå•È)ٕɥ™ä)…¹…±°¥¹™½Éµ…Ñ¥½¸)ѼÍՍ ½¹ÍÕµ•ËŠeÌ)•ÍхєÑɅ¹Í…Ñ¥½¸