FL ARCHIVED July 2017 | Page 9

Market Action Report July 2017
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report July 2017

Phone 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
$ 289,900
4 %
12 %
Average List Price of all Current Listings
$ 415,542
3 %
13 %
July Median Sales Price
$ 231,495
-2%
1 %
9 %
10 %
$ 225,000
10 %
7 %
July Average Sales Price
$ 281,076
-5%
0 %
4 %
10 %
$ 273,704
9 %
7 %
Total Properties Currently for Sale ( Inventory )
5,104
-7%
-13%
July Number of Properties Sold
2,202
-8%
7 %
14,061
8 %
July Average Days on Market ( Solds )
51
0 %
-4%
-4%
-11%
55
-7%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 144
1 %
0 %
7 %
7 %
$ 143
8 %
7 %
July Sold Price per Square Foot
$ 136
-3%
0 %
7 %
9 %
$ 134
10 %
7 %
July Month ' s Supply of Inventory
2.3
1 %
1 %
-18% -25%
2.8
-11%
-9%
July Sale Price vs List Price Ratio
96.2 %
-. 1 % -. 1 % -. 1 %
. 3 %
96.1 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
3,000 July Property sales were 2,202 , up 6.8 % from 2,061 in July of Property 2016 and 8.1 Sales % lower than the 2,395 sales last month . July 2017
3,0002,500
July sales Property were at sales their were highest 2,202 level , up compared 6.8 % from to 2,061 July in of July 2016 of and 2016 2015 and . July 8.1 % YTD lower sales than of the 14,061 2,395 are sales running last month 7.5 %. ahead July 2017 of last
2,5002,000 sales year were ' s year-to-date at their highest sales level of 13,074 compared . to July of 2016 and 2015 . July YTD sales of 14,061 are running 7.5 % ahead of last
2,0001,500 year ' s year-to-date sales of 13,074 . 1,5001,000
1,000
500
1,736 1,667
Title
Number of Properties Sold
500
0
0
A
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
14
15
16
17
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
J
Prices
The Median Sales Price in July was $ 231,495 , up 8.7 % from
Prices
The
$ 213,000 Median in Sales
July Price
of 2016 in July
and was
down $ 231,495
2.3 % , from up 8.7
$ %
236,990 from last
$ month 213,000 . The in July Average of 2016 Sales and Price down in 2.3 July % from was $ 236,990 281,076 last , up 4.0 %
290 month from . $ The 270,163 Average in July Sales of Price 2016 in and July down was $ 4.7 281,076 % from , up $ 294,796 4.0 % from last $ month 270,163 . July in July 2017 of ASP 2016 was and at down the 4.7 highest % from level $ 294,796 compared to
270
14
290
270
250
15
Median Sales Price
16 and Average Sales Price
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last
July month of 2016 . July and 2017 2015 ASP . was at the highest level compared to
July of 2016 and 2015 .
250
230
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
14
15
J
A S O N D
J
F
M16 A M J
16
J
A S O N D
J
F M A17M J
17
J
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 1,464 1,809 1,236 1,498 1,896 2,037 2,138 2,208 2,061 2,102 1,950 1,773 1,834 1,894 1,418 1,579 2,135 1,965 2,367 2,395 2,202
7,565 7,402 7,281 7,107 6,949 6,676
Website Other
1,699 1,472 1,809 1,179 1,504 1,890 1,963 1,907 2,255
6,630 6,542 6,557 6,554 6,592 6,327 6,099 5,965 5,956
Number of Properties Sold
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of July
The Total Inventory of Properties available for sale as of July was 5,104 , down 6.7 % from 5,473 last month and down 12.5 %
8,000 was 5,104 , down 6.7 % from 5,473 last month and down 12.5 %
8,000 from 5,835 in July of last year . July 2017 Inventory was at its
7,000 from 5,835 in July of last year . July 2017 Inventory was at its
7,000 lowest lowest level
level compared
compared with
with July
July of 2016
of 2016 and
and 2015
2015 .
.
6,000
6,000
5,000
5,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
4,000
4,000
3.0
3,000
3,000
A
A comparatively lower lower MSI MSI is more is more beneficial beneficial for sellers for sellers while while a a higher MSI MSI is is better better for for buyers buyers . The . The July July 2017 2017 MSI MSI of 2.3 of 2.3
2,000
2,000 months was was at at its its lowest level level compared with with July July of 2016 of 2016 and and
1,000
1,000
2.0
1.0
2015 . .
0
0
0.0
A
S
OA
NS DO JN FD MJ
AF M JA JMA J S JO AN SD OJ
NF
DM AJ
MF MJ
AJ
MA SJ
OJ NA DS JO FNM DA JM FJ
MJ A M J
J
14
14
15
15
16
16
17
17
7,565 7,402 7,281 7,107 6,949 6,676 6,630 6,542 6,557
2,114 1,964 1,833 1,774
6,554 6,592 6,327 6,099 5,965 5,956 5,888
1,464
5,888 5,548 5,571 5,581
1,809 1,236
5,548 5,571 5,581 1,498 1,896 2,037 2,138 2,208
5,675 5,619 5,715 5,785 5,835 2,061 2,102 1,950 1,773 1,834 1,894
3 Mo Avg
1,418 1,579
5,675 5,619 5,715 5,785 5,835 5,806 5,755 5,715 5,706 5,425 5,517 5,478 5,473 5,387 5,476 5,473 5,104 2,135 1,965
5,806 5,755 5,715 5,706 5,425 5,517 5,478 5,473 5,387 5,476
3 Mo Avg
2,367 2,395
5,473 5,104
2,202
6.0 5.0 4.0
3.0 2.0 1.0 0.0
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