FL ARCHIVED April 2018 | Page 32

Community Information | School District
Market Action Report April 2018 Market Action Report April 2018

County : Pasco Pasco Agent County

Name
Title Phone

Community Information | School District

Agent

County : Pasco

Website Name
Price Range : All | Properties : SFH - Con
TitleOther
Phone Trending versus *: Trending versus *: Market Profile & Trends Overview Website Month LM L3M PYM LY YTD Prior YTD Prior Year
Price
Median
Range : All
List
| Properties
Price
: SFH
of
- Con
all Current Listings $ Other 239,999 2 % 9 % Average List Price of all Current Listings $ 278,882 Trending 4 % versus 11 *: %
Trending versus *: April Median Sales Price $ 195,000 3 % 4 % 14 % 6 % $ 187,000 13 % 2 % April Average Sales Price $ 239,999 $ 212,527 1 % 2 % 13 % 6 % $ 208,092 13 % 4 %
$ 278,882 Total Properties Currently for Sale ( Inventory ) 2,336 -10% -9%
$ 195,000
$ 187,000 April Number of Properties Sold 992 -2% -1% 3,505 1 %
$ 212,527
$ 208,092 April Average Days on Market ( Solds ) 51 -12% -11% -7% -7% 57 -5% 4 % 2,336 Asking Price per Square Foot ( based on New Listings ) $ 121 1 % 3 % 14 % 9 % $ 118 9 % 6 %
992 -2% -1% 3,505 1 % April Sold Price per Square Foot $ 113 1 % 2 % 9 % 7 % $ 111 11 % 5 % April Average Days on Market ( Solds ) 51 -12% -11% -7 -7% 57 -5% 4 % April Month ' s Supply of Inventory Asking Price per Square Foot ( based on New Listings ) $ 121
2.4 1 %
-8 3
% -13 14
% -8 9
% -17% $ 118
3.0 9 %
-7% 6 %
4 %
April Sale Price vs List Price Ratio April Sold Price per Square Foot $ 113
95.5 1 % . 3 2 % . 3 9 % -. 2 7 % . 2 %
$ 111
95.2 11 % %
0 % 5 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
April Month ' s Supply of Inventory 2.4 -8% -13% -8% -17% 3.0 -7% 4 %
April Sale Price vs List Price Ratio 95.5 % . 3 % . 3 % -. 2 % Number . 2 % of 95.2 Properties % 0 % Sold -0%
* LM Property = Last Month / L3M Sales = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
1,400 April Property sales were 992 , down 1.2 % from 1,004 in April of
Number of Properties Sold
2017 and 1.8 % lower than the 1,010 sales last month . April 2018 1,200 Property sales were Sales at their lowest level compared to April of 2017 and 1,400
April 2016 Property . April YTD sales sales were of 992 3,505 , down are 1.2 running % from 0.8 1,004 % ahead in April of of last 1,000 2017 year and ' s year-to-date
1.8 % lower than sales the of 3,476
1,010
. sales last month . April 2018 1,200
800
Market Action Report April 2018 Market Action Report April 2018
sales were at their lowest level compared to April of 2017 and 2016 . April YTD sales of 3,505 are running 0.8 % ahead of last year ' s year-to-date sales of 3,476 .
1,000 600
800 400
600
200 400
200
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
0
15
16
17
18
Prices
The Median Sales Price in April was $ 195,000 , up 14.0 % from
M
J
15
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
Median Sales Price and Average Sales Price
16
17
18
3 Mo Avg
Prices
$ 171,000 in April of 2017 and up 3.2 % from $ 189,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 195,000 April was , up $ 212,527 14.0 % from , up
$
12.6 171,000 % from in April $ 188,693 of 2017 in and April up of 3.2 2017 % from and $ up 189,000 1.5 % from last
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 209,485 . The last Average month Sales . April Price 2018 in April ASP was was $ at 212,527 the highest , up level
12.6 % from $ 188,693 in April of 2017 and up 1.5 % from
220
200 compared to April of 2017 and 2016 .
$ 209,485 last month . April 2018 ASP was at the highest level
200
180
compared to April of 2017 and 2016 .
180
160
160 140
140 120
120 100
M
15
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 2,336 Inventory , down 9.7 of % Properties from 2,588 available last month for sale and as down of April 9.1 % 4,000 was from 2,336 2,570 , down in April 9.7 % of from last 2,588 year . last April month 2018 and Inventory down 9.1 was % at its
4,0003,500
from lowest 2,570 level in compared April of last with year April . April of 2018 2017 Inventory and 2016 was . at its 3,5003,000 lowest level compared with April of 2017 and 2016 .
3,0002,500 2,500
2,000 2,000
1,500
A comparatively lower MSI is more beneficial for sellers while 1,500 a A higher comparatively
MSI is better lower for MSI buyers is more
. The beneficial
April 2018 for sellers
MSI while of 2.4 a 1,000 higher MSI is better for buyers . The April 2018 MSI of 2.4
1,000 months was at its lowest level compared with April of 2017 and 500 months was at its lowest level compared with April of 2017 and 500 2016 .
0 2016 .
0
100
1,008 1,113 1,057 973 874 877 800 918 681 763 1,001 1,045 1,054 1,046 977 993 896 793 804 912 670 755 1,047 1,004 1,136 1,161 1,042 1,013 801 848 854 937 704 799 1,010 992
M
J
15J
A S O N D
J
16
3,585 3,436 3,382 3,326 3,227 3,127 3,119 3,054
M J
15
1,008 1,113 1,057 973 874 877 800 918
J J A S O N D J
681 763 1,001 1,045
F
M16 A M J
J
A S O N D
J
F
M17 A M J
J
A S O N D
J
17
18
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
3,585 3,436 3,382 3,326 3,227 3,127 3,119 3,054 3,050 2,986
3,050 2,986 2,933 2,837 2,666 2,702 2,627 1,054 1,046 977 993 896 793
3 Mo Avg
2,590 2,651 2,671 2,701 2,642 2,693 2,663 2,709 2,570 2,551 2,590 2,591 2,569 2,552 2,530 2,592 2,538 2,641 2,546 2,588
2,336
0.0 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 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
16
16 17
17 18
18
804 912 670 755 1,047
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
F M A18
2,933 2,837 2,666 2,702 2,627 2,590 2,651 2,671 2,701 2,642 2,693 2,663 2,709
1,004 1,136 1,161
2,570 2,551 2,590 2,591 1,042 1,013 801 848 854 937 704
5.0 4.0 3.0 2.0 1.0
3 Mo Avg
799 1,010
2,569 2,552 2,530 2,592 2,538 2,641 2,546 2,588
2,336
992
5.0 4.0
3.0 2.0 1.0 0.0
Copyright Copyright © © Coldwell Coldwell Banker Banker Residential Residential Real Real Estate Estate / Coldwell / Coldwell Banker Banker United United , Realtors , Realtors | Price | Range Price : Range All | : Property All | Property Types : SFH Types - Con : SFH - Con Data Data is is provided provided courtesy courtesy of Greater of Greater Fort Fort Lauderdale Lauderdale REALTORS REALTORS , REALTOR , REALTOR Association Association of Martin of Martin County County , Miami , Association Miami Association of REALTORS of REALTORS , My Florida , My Regional Florida MLS Regional , Naples MLS Area , Naples Board Area of REALTORS Board of REALTORS , , Association REALTORS of Association the Palm Beaches of the Palm , Space Beaches Coast Association , Space Coast of REAL Asso does does not not warrant or or guarantee the the accuracy accuracy of this of information this information . It is . the It is responsibility the responsibility of any of buyer any or buyer seller or to seller verify to any verify and any all information and all information relevant to relevant such consumer to such ’ consumer s real estate ’ s real transaction estate . transaction .
c o l d w e l l b a n k e r h o m e s . c o m | 17