FL ARCHIVED March 2018 | Page 16

Market Action Report March 2018
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report March 2018

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
$ 294,900
7 %
9 %
Average List Price of all Current Listings
$ 431,394
8 %
11 %
March Median Sales Price
$ 234,890
2 %
2 %
4 %
4 %
$ 230,000
6 %
2 %
March Average Sales Price
$ 287,735
6 %
2 %
6 %
4 %
$ 280,733
8 %
2 %
Total Properties Currently for Sale ( Inventory )
4,725
-5%
-15%
March Number of Properties Sold
2,039
34 %
-5%
4,896
-5%
March Average Days on Market ( Solds )
61
7 %
5 %
0 %
13 %
59
0 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 154
4 %
3 %
8 %
7 %
$ 150
5 %
4 %
March Sold Price per Square Foot
$ 142
1 %
1 %
8 %
5 %
$ 140
9 %
4 %
March Month ' s Supply of Inventory
2.3 -29% -25% -11% -18%
3.1
-7%
10 %
March Sale Price vs List Price Ratio
96.1 %
. 1 %
. 2 %
. 2 %
. 1 %
95.9 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
3,000 March Property sales were 2,039 , down 4.5 % from 2,136 in March of 2017 and 34.2 % higher than the 1,519 sales last month .
2,500 Property March 2018 Sales sales were at a mid level compared to March of 3,000 March 2017 and Property 2016 sales . March were YTD 2,039 sales , down of 4,896 4.5 % from are running 2,136 4.6 % March of 2017 and 34.2 % higher than the 1,519 sales last month .
2,000 behind last year ' s year-to-date sales of 5,133 .
2,500
March 2018 sales were at a mid level compared to March of 2017 and 2016 . March YTD sales of 4,896 are running 4.6 % 1,500
2,000 behind last year ' s year-to-date sales of 5,133 .
1,000 1,500
1,000
500
1,964 1,908
Title
Website Other
2,257 2,115 1,965
Number of Properties Sold
500
0
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 O N D
J
F M
0
15
16
17
18
Prices
The Median Sales Price in March was $ 234,890 , up 4.4 % from
A
M J
15
J
A S O N D
Median
J
F M A Sales M J
J Price A S O and N D JAverage
F M A MSales J
J
A Price S O N D
J
F M
16
17
18
3 Mo Avg
Prices
$ 225,000 in March of 2017 and up 2.0 % from $ 230,390 last
The month Median . The Sales Average Price Sales in March Price was in $ March 234,890 was , up $ 287,735 4.4 % from , up
$
6.3 225,000 % from in $ March 270,729 of 2017 in March and up of 2.0 2017 % from and up $ 230,390 5.6 % from last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 272,444 . The last Average month Sales . March Price 2018 in March ASP was $ at 287,735 the highest , up level
6.3 % from $ 270,729 in March of 2017 and up 5.6 % from
270 compared to March of 2017 and 2016 .
$ 272,444 last month . March 2018 ASP was at the highest level
250
250
230
compared to March of 2017 and 2016 .
230
210
210
190
190
170
170
150
150
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 O N D
J
F M
15
16
17
18
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 O N D
J
F M
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of March
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 4,725 Inventory , down 5.2 of % Properties from 4,984 available last month for sale and as of down March 15.1 %
7,000 was from 4,725 5,563 , down in March 5.2 % from of last 4,984 year last . March month 2018 and down Inventory 15.1 % was at
7,0006,000
5.0 from its lowest 5,563 in level March compared of last year with . March 2018 of 2017 Inventory and 2016 was . at
6,0005,000
4.0 its lowest level compared with March of 2017 and 2016 .
5,000
4,000
4,000
3.0
3,000
A comparatively lower MSI is more beneficial for sellers while
3,000 a
2,000
2.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2018 sellers MSI while of 2.3 a
2,000 higher months MSI was is better at its lowest for buyers level . The compared March 2018 with March MSI of of 2.32017 and
1,000
1.0 months was at its lowest level compared with March of 2017 and
1,000
2016 .
0
2016 .
0
0.0
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 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 O N D J
F M
15
16
17
18
15
16
17
18
5.0
4.0
3.0
2.0
1.0
0.0
1,833 1,777 1,464
1,964 1,908 2,257 2,115 1,965 1,833 1,777 1,464 1,810 1,236 1,499 1,896 2,038 2,138 2,208 2,061 2,103 1,950 1,774 1,834 1,894 1,417 1,580 2,136 1,965 2,366 2,399 2,203 2,236 1,613 1,805 1,831 1,956 1,338 1,519 2,039
6,578 6,578 6,612 6,348 6,122 5,986 5,978 5,910
6,578 6,578 6,612 6,348 6,122 5,986 5,978 5,910 5,570 5,596 5,605
1,810
5,570
1,236 1,499
Number of Properties Sold
1,896 2,038 2,138 2,208 2,061 2,103 1,950 1,774 1,834
3 Mo Avg
5,702 5,645 5,743 5,814 5,866 5,835 5,789 5,750 5,747 5,471 5,572 5,552 5,563 5,496 5,630 5,704 5,635 5,562 5,388 5,180 5,033 4,795 4,987 4,984 4,725
1,894 1,417 1,580
5,596 5,605 5,702 5,645 5,743 5,814 5,866 5,835 5,789 5,750 5,747 5,471 5,572 5,552 5,563 2,136 1,965 2,366 2,399 2,203 2,236 1,613 1,805 1,831 1,956
5,496 5,630 5,704 5,635 5,562 5,388 5,180 5,033 4,795 4,987
3 Mo Avg
1,338 1,519
4,984 4,725
2,039
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