FL ARCHIVED July 2017 | Page 35

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

City : Tarpon Springs

Price Range : All | 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
$ 384,000
7 %
22 %
Average List Price of all Current Listings
$ 542,785
5 %
21 %
July Median Sales Price
$ 260,000
-1%
7 %
18 %
24 %
$ 236,000
13 %
12 %
July Average Sales Price
$ 298,544
2 %
9 %
24 %
20 %
$ 267,131
11 %
7 %
Total Properties Currently for Sale ( Inventory )
241
-9%
-12%
July Number of Properties Sold
81 -22%
8 %
569
5 %
July Average Days on Market ( Solds )
55 -10% -8%
-4%
-24%
69
-4%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 158
5 %
3 %
10 %
13 %
$ 152
10 %
9 %
July Sold Price per Square Foot
$ 137
-2%
0 %
8 %
10 %
$ 135
12 %
9 %
July Month ' s Supply of Inventory
3.0
16 %
2 %
-18% -25%
3.4
-15%
-15%
July Sale Price vs List Price Ratio
93.9 %
-. 1 % -. 9 % -2.2%
. 0 %
94.3 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120 July Property sales were 81 , up 8.0 % from 75 in July of 2016 and 22.1 % lower than the 104 sales last month . July 2017 sales Property Sales
100 were at a mid level compared to July of 2016 and 2015 . July 120 July Property sales were 81 , up 8.0 from 75 in July of 2016 YTD sales of 569 are running 4.6 % ahead of last year ' s year-todate sales of 544 .
100
and 22.1 % lower than the 104 sales last month . July 2017 sales 80 were at a mid level compared to July of 2016 and 2015 . July YTD sales of 569 are running 4.6 % ahead of last year ' s year-todate sales of 544
80 60 .

Tarpon Agent Springs

Name
Title Phone Website Other

Community Information | School District

60 40
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
40 20
20
0
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 M J
J
0
14
15
16
17
Prices
The Median Sales Price in July was $ 260,000 , up 18.2 % from
Prices
$ 220,000 in July of 2016 and down 0.7 % from $ 261,750 last
The month Median . The Sales Average Price Sales in July Price was $ in 260,000 July was , up $ 298,544 18.2 % from , up 24.1 %
$ from 220,000 $ 240,557 in July in of July 2016 of and 2016 down and 0.7 up % 2.2 from % from $ 261,750 $ 292,248 last last
290 month month . . The July
Average 2017 ASP
Sales was Price at in the July highest was $ level 298,544 compared
, up 24.1 to %
July from $ 240,557 in July of 2016 and up 2.2 % from $ 292,248 last
270 of 2016 and 2015 . month . July 2017 ASP was at the highest level compared to July
250
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 M J
J
14
15
Median Sales Price
16 and Average Sales Price
17
Median Sales Price and Average Sales Price
290
3 Mo Avg
270
250
230
3 Mo Avg
of 2016 and 2015 .
230
210
210
190
190
170
170
150
150
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 M J
J
A
S
14 O N D
J
F
M15 A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M A17M J
J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of July
The was Total 241 , Inventory down 9.4 of % Properties from 266 last available month for and sale down as of 11.7 July % from was 241 , down 9.4 % from 266 last month and down 11.7 % from
450
273 in July of last year . July 2017 Inventory was at its lowest
273 in July of last year . 2017 Inventory was at its lowest
400 level compared with July of 2016 and 2015 . level compared with July of 2016 and 2015 .
350
300
250
200
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The July 2017 MSI of 3.0 higher MSI is better for buyers . The July 2017 MSI of 3.0
100 months was at its lowest level compared with July of 2016 and months was at its lowest level compared with July of 2016 and
50
2015
2015 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
9.0
350
8.0
300
7.0
250
6.0
5.0
200
4.0
150
3.0
100
2.0
50
1.0
0
0.0
A S AO
NS OD NJ
FD MJ
AF M JA JM AJ S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ
NA DS JO FN MD AJMF
JMJ A M J
14
14
15
15
16
16
17
17
J
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
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 66 66 65 76 57 64 102 76 85 104 81
395
72 57 52 74 73 49 57 92
390
407 395
392 390
400 407
408 392
402 400
396 408
382 402 383 396
349 87
382 336
78
383
92 92 77 78 66 47 76 55 68 91
338 349
325 336
311 338
299
325 310 318
311
304 299
313 310
289 318
290 304
281 313
273 289 62 90 103 75 68 66 66 65 76 57 64 102
261 290
268 281
269 273
280 261
261 268 265
269 258
280 282 261 269 265 273 258 266
282 241
269 76 273
85
266 104
241
81
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso 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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