FL ARCHIVED June 2017 | Page 9

Market Action Report June 2017
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report June 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
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
3,000 June Property sales were 2,385 , up 8.0 % from 2,208 in June of Property 2016 and 0.8 Sales % higher than the 2,367 sales last month . June
3,0002,500 June 2017 Property sales were sales at were their 2,385 highest , up level 8.0 % compared from 2,208 to in June June of of 2016
2016 and and 20150.8 . June % higher YTD than sales the of 2,367 11,849 sales are last running month 7.6 . June % ahead of
2,5002,000 2017 last sales year ' s were year-to-date at their highest sales of level 11,013 compared . to June of 2016 and 2015 . June YTD sales of 11,849 are running 7.6 % ahead of
2,0001,500 last year ' s year-to-date sales of 11,013 . 1,5001,000
1,000
500
1,777 1,736
Title
Website Other
1,667 1,699
Number of Properties Sold
500
0
0
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 M J
14
15
16
17
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
Prices
The Median Sales Price in June was $ 236,717 , up 7.2 % from
Prices
The
$ 220,896 Median in Sales
June Price
of 2016 in June
and was
up $
2.9 236,717
% from , up
$ 7.2
230,000 % from last
$ month 220,896 . The in June Average of 2016 Sales and Price up 2.9 in % June from was $ 230,000 $ 294,826 last , up 9.1 %
290 month from . $ The 270,340 Average in June Sales of Price 2016 in and June up was 3.0 $ % 294,826 from $ , 286,243 up 9.1 % last from month $ 270,340 . June in 2017 June ASP of 2016 was at and the up highest 3.0 % from level $ compared 286,243 last 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
month
June . of June 20162017 and ASP 2015 was . at the highest level compared to
June of 2016 and 2015 .
250
230
230
210
210
190
190
170
170
150
150
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
J
A
14 S 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
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
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of June
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 %
8,000 was 5,199 , down 3.5 % from 5,387 last month and down 10.1 %
8,000 from 5,781 in June of last year . June 2017 Inventory was at its
7,000 from 5,781 in June of last year . June 2017 Inventory was at its
7,000 lowest lowest level
level compared
compared with
with June
June of 2016
of 2016 and
and 2015
2015 .
.
6,000
6,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
5,000
5,000
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 June June 2017 2017 MSI MSI of 2.2 of 2.2
2,000
2,000 months was was at at its its lowest level level compared with with June June of 2016 of 2016 and and
1,000
1,000
2.0
1.0
2015 . .
0
0
0.0
J
A
SJ
OA NS DO JN FD MJ
AF MJA JMA JS JO AN SD OJ
NF MD AJ
MF MJ
JA AM SJ
OJ NA DS JOFNM DA JM FJ
M A M J
14
14
15
15
16
16
17
17
1,472
7,564 7,565 7,402 7,281 7,107 6,949 6,676
1,809
7,564 7,565 7,402 7,281 7,107 6,949
1,179 1,504 1,890
6,676 6,630 6,542
1,963 1,907
6,630 6,542 6,557 6,554 6,592 6,326 6,098 5,964 5,955
Number of Properties Sold
2,255 2,114 1,964 1,833
6,557 6,554 6,592 6,326 6,098 5,964 5,955
1,774
5,886 5,546 5,569 5,577 1,464 1,809 1,236 1,498 1,896 2,037 2,138
5,886 5,546 5,569 5,577 5,670 5,615 5,711 5,781 2,208 2,061 2,102 1,950 1,773 1,834
3 Mo Avg
1,894 1,418
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 1,579 2,135
5,831 5,802 5,751 5,710 5,700 5,417 5,505 5,464 5,452 5,349
3 Mo Avg
1,965 2,367
5,387 5,199
2,385
6.0 5.0 4.0
3.0 2.0 1.0 0.0
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