Market Action Report
May 2018
City: Tarpon Springs SPRINGS
TARPON
Agent Name
Title
Phone
Website
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
4
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
May Property sales were 0, up from 0 in May of 2017 and
higher than the 0 sales last month. May 2018 sales were at their 3
highest level compared to May of 2017 and 2016. May YTD
Property
Sales
4 3
sales of 0 are
running 100.0% behind last year's year-to-date
May
sales were 0, up from 0 in May of 2017 and
sales Property
of 5.
higher than the 0 sales last month. May 2018 sales were at their 3 2
highest level compared to May of 2017 and 2016. May YTD
3 2
sales of 0 are running 100.0% behind last year's year-to-date
sales of 5.
2 1
150
73.8%
80%
60%
40%
20%
0%
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in May 2018 was 2, down 33.3% from 3 last month and down
33.3% from 3 in May of last year.
Median Sales Price and Average Sales Price
3 Mo Avg
1,800 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
-1 15
16
17
18
1,700
Median Sales Price and Average Sales Price
1,600
1,800
1,500
3 Mo Avg
1,700
1,400
1,600
1,300
1,500
1,200
1,400
1,100
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
1,200
Inventory / New Listings / Sales
1,100
25
0
1,300
1,000
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 / New Listings / Sales
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
Prices
The Median Sales Price in May was $0, up from $0 in May of
2017 and up from $0 last month. The Average Sales Price in
May was $0, up from $0 in May of 2017 and up from $0 last
Prices
month. May 2018 ASP was at the highest level compared to
The
Price in May was $0, up from $0 in May of
May Median
of 2017 Sales
and 2016.
2017 and up from $0 last month. The Average Sales Price in
May was $0, up from $0 in May of 2017 and up from $0 last
month. May 2018 ASP was at the highest level compared to
May of 2017 and 2016.
100%
3 Mo Avg
-1
1
Avg Selling Price divided by Avg Listing Price for sold properties during the month
120%
1 0
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
3 Mo Avg
2 1
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
200
256
250
300
Trending versus*:
Prior YTD Prior Year
Number of Properties Sold
350
400
450
3 Mo Avg
Selling Price per Square Foot
500
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
0
150
200
YTD
Trending versus*:
-4% Trending versus*:
4%
LM -100%
L3M PYM -100%
LY
YTD
Prior
YTD Prior
Year
$1,390,000
32%
26%
-3% 0% 2% -100%
$0 -100%
-100%
-4%
4%
7%
59%
-100%
-100% $1,390,000 0 -100%
32%
26%
0%
-100%
$0
-100%
-100%
0%
-100%
0 -100%
-100%
7% -3% 59%
-21%
9% -27%
$427
14%
-2%
-100%
0%
-100%
$0 0 -100%
-100%
0 -100%
-100%
-100%
0% 0%
0% 0% -100%
-100%
0.0
-100%
-21% -3%
9%
-27%
$427
14%
-2%
.0%
-100.0%
0.0% -100%
-100%
0%
-100%
$0 -100%
-100%
0% 0% 0%
-100% of Properties
0.0 Sold
-100%
-100%
Number
.0%
-100.0%
0.0% -100%
-100%
250
Selling Price per Square Foot
$1,919,041
Month
$0
$1,412,500
$0
$1,919,041
46
$0 0
May
$0 0
May Average
Average Sales
Days Price
on Market (Solds)
Total
Properties
Currently
for
Sale
(Inventory)
46
Asking Price per Square Foot (based on New Listings)
$320
May
Number
of
Properties
Sold
May Sold Price per Square Foot
$0 0
May
Average
Days
on
Market
(Solds)
0
May Month's Supply of Inventory
0.0
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$320
May Sale Price vs List Price Ratio
0.0%
May
Sold
Price
per 3 Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
$0
* LM=Last
Month
/ L3M=Last
Months / PYM=Same
May Month's Supply of Inventory
0.0
May
Sale Price
vs List Price Ratio
0.0%
Property
Sales
Average List Price of all Current Listings
Market
Profile
& Price
Trends Overview
May Median
Sales
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May
Median Sales Price
May Number of Properties Sold
293
300
350
50
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The May 2018 Selling Price vs Original List
Price of 0.0% was down from 84.4% last month and up from
0.0% in May of last year.
May 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other -3%
$1,412,500
2%
3 Mo Avg
100
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized in