FL ARCHIVED May 2018 | Page 16

Market Action Report May 2018 Agent Name

HILLSBOROUGH County : Hillsborough COUNTY

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,498,950
-0%
-0%
Average List Price of all Current Listings
$ 1,946,746
1 %
-0%
May Median Sales Price
$ 1,375,000
16 %
10 %
-1%
4 %
$ 1,300,000
3 %
-2%
May Average Sales Price
$ 1,544,705
11 %
-3%
-5%
-1%
$ 1,596,899
2 %
2 %
Total Properties Currently for Sale ( Inventory )
288
2 %
0 %
May Number of Properties Sold
34
26 %
-3%
131
22 %
May Average Days on Market ( Solds )
145
73 %
6 %
31 %
38 %
126
26 %
20 %
Asking Price per Square Foot ( based on New Listings )
$ 377
0 %
2 %
-11%
-2%
$ 376
1 %
-2%
May Sold Price per Square Foot
$ 332
9 %
-3%
-5%
-4%
$ 349
3 %
1 %
May Month ' s Supply of Inventory
8.5 -19% -14%
3 %
-31%
10.9
-22%
-11%
May Sale Price vs List Price Ratio
93.5 %
-. 7 %
. 3 %
3.7 % 1.5 %
93.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
45
May Property sales were 34 , down 2.9 % from 35 in May of 2017
and 25.9 % higher than the 27 sales last month . May 2018 sales were at a mid level compared to May of 2017 and 2016 . May
Property
YTD sales of Sales 131 are running 22.4 % ahead of last year ' s year-todate Property sales of 107 sales . were 34 , down 2.9 % from 35 in May of 2017
May and 25.9 % higher than the 27 sales last month . May 2018 sales
40
35
45
30
40
25
Number of Properties Sold
3 Mo Avg
were at a mid level compared to May of 2017 and 2016 . May
YTD sales of 131 are running 22.4 % ahead of last year ' s year-todate sales of 107 .
35
20
30
15
25
10
20
5
15
0
10
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
5
15
16
17
18
Prices
The Median Sales Price in May was $ 1,375,000 , down 1.1 % from
$ 1,390,000 in May of 2017 and up 16.0 % from $ 1,185,000 last month . The Average Sales Price in May was $ 1,544,705 , down
Prices
5.3 % from $ 1,631,978 in May of 2017 and up 11.5 % from
The
$ 1,385,918 Median Sales last month Price . in May May 2018 was ASP $ 1,375,000 was at the , down lowest 1.1 % level from
0
J
2,10015
1,900
J
Median Sales Price and Average Sales Price
3 Mo Avg
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
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
$ compared 1,390,000 to in May of of 2017 and and 2016 up 16.0 . % from $ 1,185,000 last month . The Average Sales Price in May was $ 1,544,705 , down
2,100
1,700
5.3 % from $ 1,631,978 in May of 2017 and up 11.5 % from
$ 1,385,918 last month . May 2018 ASP was at the lowest level
1,900
1,500
compared to May of 2017 and 2016 .
1,700
1,300
29 18 20
Title Phone Website Other
19 16 9
29 18 20 19 16 9 19 10 8
19 10 8 22 28 21
Number of Properties Sold
32 26 23 17 16 29 22 15 18 23 16
22 28 21 32 26 23 17 16 29 22 15 18 23 16 35 40 34 19 23 22 21 24 25 18 27 27 34
35 40 34 19 23 22 21 24 25 18
3 Mo Avg
27 27 34
1,500 1,100 1,300
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
15
16
17
18
Inventory & MSI
1,100
The Total Inventory of Properties available for sale as of May
was 288 , up 1.8 % from 283 last month and equal to 288 in May
350
of last year . May 2018 Inventory was at its highest level
300
Inventory compared with & MSI May of 2017 and 2016 .
The Total Inventory of Properties available for sale as of May was 288 , up 1.8 % from 283 last month and equal to 288 in May
250
350
200
of last year . May 2018 Inventory was at its highest level
300
150
compared
A comparatively with May lower of 2017 MSI and is more 2016 beneficial . for sellers while a
250
100 higher MSI is better for buyers . The May 2018 MSI of 8.5 months was at a mid level compared with May of 2017 and 2016 .
200
50
1500
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2018 MSI of 8.5 months was at a mid level compared with May of 2017 and 2016 .
100
50
247
J 15
247 240 240
Total Inventory & Month ' s Supply of Inventory ( MSI )
F M A M J
J
A S O N D
J 17
F M A M J
J
A S O N D
J 18
J
A S O N D
J
16
250 250
255 255
252 252
Total Inventory & Month ' s Supply of Inventory ( MSI )
253 253
235 235
245 245
233
233 244 252 241 259 263 253 254 247 250 231 244 265 281 294 288 273 275 282 275
F M A M 35.0
0 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17
18 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 Association of REAL
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 .
244 252 241 259
J
J A S O N D J
F M A M J
15
16
263 253 254 247 250 231 244 265 281 294 288 273
J A S O N D J F M A M J
17
275 282 275
Coldwell Banker Global Luxury ® | 9
270 270
262 262
247 247
253 253
267 267
284 284
283 283
288 288
J A S O N D J F M A M 18
30.0 25.0
20.0 35.0
15.0 30.0
10.0 25.0
5.0 20.0
0.0 15.0 10.0 5.0