FL ARCHIVED April 2017 - Page 9

Hillsborough County Community Information | School District

Hillsborough County 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
$ 295,000
5 %
14 %
Average List Price of all Current Listings
$ 426,707
5 %
14 %
April Median Sales Price
$ 220,000
-2%
1 %
11 %
5 %
$ 217,690
12 %
4 %
April Average Sales Price
$ 260,762
-4%
0 %
6 %
2 %
$ 260,100
10 %
2 %
Total Properties Currently for Sale ( Inventory )
4,948
-7%
-12%
April Number of Properties Sold
1,957
-8%
-4%
7,087
6 %
April Average Days on Market ( Solds )
58
-5%
0 %
0 %
2 %
58
-9%
2 %
Asking Price per Square Foot ( based on New Listings )
$ 146
1 %
1 %
10 %
9 %
$ 144
10 %
7 %
April Sold Price per Square Foot
$ 132
0 %
2 %
8 %
5 %
$ 129
9 %
3 %
April Month ' s Supply of Inventory
2.5
2 %
-10% -8%
-18%
3.1
-12%
-0%
April Sale Price vs List Price Ratio
96.2 %
. 3 %
. 3 %
. 5 %
. 3 %
95.9 %
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 1,957 , down 3.9 % from 2,037 in April of 2016 and 8.3 % lower than the 2,133 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 7,087 are running 6.3 % ahead of last year ' s year-to-date sales of 6,666 .
2,500
2,000
1,500
Number of Properties Sold
3 Mo Avg
1,000
500
Prices The Median Sales Price in April was $ 220,000 , up 10.6 % from $ 199,000 in April of 2016 and down 2.2 % from $ 225,000 last month . The Average Sales Price in April was $ 260,762 , up 5.8 % from $ 246,361 in April of 2016 and down 3.7 % from $ 270,905 last month . April 2017 ASP was at the highest level compared to April of 2016 and 2015 .
290 270 250 230 210 190 170 150
1,690 1,830 1,777 1,736 1,667 1,699 1,472 1,809 1,179 1,504 1,890 1,963 1,907 2,255 2,114 1,964 1,833 1,774 1,463 1,809 1,235 1,498 1,896 2,037 2,137 2,208 2,061 2,102 1,949 1,773 1,834 1,893 1,417 1,580 2,133 1,957
0
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 4,948 , down 6.6 % from 5,300 last month and down 11.8 % from 5,607 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 2.5 months was at its lowest level compared with April of 2016 and 2015 .
8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
7,492 7,565 7,562 7,563 7,400 7,279 7,105 6,947 6,674 6,628 6,540 6,555 6,552 6,589 6,323 6,094 5,960 5,951 5,882 5,541 5,565 5,571 5,662 5,607 5,701 5,772 5,820 5,788 5,735 5,691 5,676 5,392 5,468 5,400 5,300 4,948
M J 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 N D J F M A 17
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 | 9