FL ARCHIVED June 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
$ 289,900
2 %
12 %
Average List Price of all Current Listings
$ 414,300
1 %
12 %
June Median Sales Price
$ 236,717
3 %
3 %
7 %
13 %
$ 224,900
10 %
7 %
June Average Sales Price
$ 294,826
3 %
6 %
9 %
15 %
$ 272,331
10 %
7 %
Total Properties Currently for Sale ( Inventory )
5,199
-3%
-10%
June Number of Properties Sold
2,385
1 %
8 %
11,849
8 %
June Average Days on Market ( Solds )
51
-2%
-7%
-4%
-11%
56
-7%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 144
-1%
0 %
4 %
7 %
$ 144
9 %
7 %
June Sold Price per Square Foot
$ 140
3 %
4 %
10 %
12 %
$ 133
10 %
6 %
June Month ' s Supply of Inventory
2.2
-4%
-9% -17% -29%
2.8
-11%
-8%
June Sale Price vs List Price Ratio
96.3 %
-. 1 %
. 1 %
-. 1 %
. 4 %
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 June Property sales were 2,385 , up 8.0 % from 2,208 in June of 2016 and 0.8 % higher than the 2,367 sales last month . June 2017 sales were at their highest level compared to June of 2016 and 2015 . June YTD sales of 11,849 are running 7.6 % ahead of last year ' s year-to-date sales of 11,013 .
3,000
2,500
2,000
Number of Properties Sold
3 Mo Avg
1,500
1,000
Prices The Median Sales Price in June was $ 236,717 , up 7.2 % from $ 220,896 in June of 2016 and up 2.9 % from $ 230,000 last month . The Average Sales Price in June was $ 294,826 , up 9.1 % from $ 270,340 in June of 2016 and up 3.0 % from $ 286,243 last month . June 2017 ASP was at the highest level compared to June of 2016 and 2015 .
500
290 270 250 230 210 190 170 150
0
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 1,464 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 2,385
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 M J
14
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
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 M J
14
15
16
17
Inventory & MSI The Total Inventory of Properties available for sale as of June was 5,199 , down 3.5 % from 5,387 last month and down 10.1 % from 5,781 in June of last year . June 2017 Inventory was at its lowest level compared with June of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2017 MSI of 2.2 months was at its lowest level compared with June 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 )
7,564 7,565 7,402 7,281 7,107 6,949 6,676 6,630 6,542 6,557 6,554 6,592 6,326 6,098 5,964 5,955 5,886 5,546 5,569 5,577 5,670 5,615 5,711 5,781 5,831 5,802 5,751 5,710 5,700 5,417 5,505 5,464 5,452 5,349 5,387 5,199
J
A S O N D J
F M A M J
14
15
J A S O N D J F M A M J 16
J A S O N D J F M A M J 17
6.0 5.0 4.0 3.0 2.0 1.0 0.0
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