Market Action Report September 2017
Community Information | School District
Market Action Report September 2017
City : Tarpon Springs
Price Range : All | 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 |
$ 374,999 |
2 % |
|
22 % |
|
|
|
|
Average List Price of all Current Listings |
$ 543,711 |
4 % |
|
27 % |
|
|
|
|
September Median Sales Price |
$ 269,000 |
3 % |
3 % |
28 % |
28 % |
$ 244,900 |
17 % |
17 % |
September Average Sales Price |
$ 315,383 |
5 % |
5 % |
12 % |
27 % |
$ 274,781 |
10 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
233 |
-9% |
|
-13% |
|
|
|
|
September Number of Properties Sold |
57 -28% |
-14% |
705 |
4 % |
September Average Days on Market ( Solds ) |
76 |
38 % |
25 % |
-1% |
6 % |
68 |
-6% |
-6% |
Asking Price per Square Foot ( based on New Listings ) |
$ 153 |
3 % |
1 % |
15 % |
9 % |
$ 151 |
10 % |
8 % |
September Sold Price per Square Foot |
$ 149 |
-2% |
3 % |
13 % |
20 % |
$ 138 |
12 % |
11 % |
September Month ' s Supply of Inventory |
4.1 |
27 % |
18 % |
1 % |
3 % |
3.5 |
-13% |
-13% |
September Sale Price vs List Price Ratio |
95.1 % |
-. 5 % |
. 6 % |
2.4 % 1.3 % |
94.5 % |
0 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120 September Property sales were 57 , down 13.6 % from 66 in September of 2016 and 27.8 % lower than the 79 sales last Property Sales
100 month . September 2017 sales were at their lowest level 120 September Property sales were 57 , down 13.6 % from 66 in compared to September of 2016 and 2015 . September YTD September of 2016 and 27.8 % lower than the 79 sales last
80 sales of 705 are running 4.0 % ahead of last year ' s year-to-date 100 month . September 2017 sales were at their lowest level sales of 678 . compared to September of 2016 and 2015 . September YTD
80
60 sales of 705 are running 4.0 % ahead of last year ' s year-to-date sales of 678 .
60 40
Tarpon Agent Springs
Name
Title Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
40 20
Prices The Median Sales Price in September was $ 269,000 , up 28.4 %
Prices from $ 209,500 in September of 2016 and up 3.5 % from The $ 260,000 Median last Sales month Price . in The September Average was Sales $ 269,000 Price in , up September 28.4 %
350 from was $ 209,500 315,383 , in up September 11.9 % from of 2016 $ 281,880 and up in 3.5 September % from of 2016 330 $ and 260,000 up 4.9 last
% month from $
. 300,589 The Average last month Sales Price
. September in September
2017 ASP was $ 315,383 , up 11.9 % from $ 281,880 in September of 2016
310 was at the highest level compared to September of 2016 and and up 4.9 % from $ 300,589 last month . September 2017 ASP 290 2015 . was at the highest level compared to September of 2016 and 270 2015 .
250 230 210 190 170 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The September Total Inventory was 233 of , down Properties 8.6 % available from 255 for last sale month as of and down
450
September was 233 , down 8.6 % from 255 last month and down
450
13.1 % from 268 in September of last year . September 2017 400 13.1 % from 268 in September of last year . September 2017 400
Inventory was at its lowest level compared with September of 350 Inventory was at its lowest level compared with September of 350 2016 and 2015 .
300
2016 and 2015 .
300 250 250
200
200 A comparatively lower MSI is more beneficial for sellers while a 150 A comparatively lower MSI is more beneficial for sellers while a 150 higher MSI is better for buyers . The September 2017 MSI of 4.1 100 higher MSI is better for buyers . The September 2017 MSI of 4.1 100 months was at a mid level compared with September of 2016 50 months was at a mid level compared with September of 2016 50 and 2015 .
0 and 2015 . 0
20
0
0 |
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 |
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
|
N D
J
F M A M J
15
|
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
Median Sales
16 Price and Average Sales
17 Price
|
J |
A S |
3 Mo Avg |
Median Sales Price and Average Sales Price |
52 74 73 49 57 92 87 78 92 92 77 78 66 47 76 55 68 91 62 90 103 75 68 66 66 65 76 57 64 102 76 85 104 81 79 57
O 14
350 330 310 290 270 250 230 210 190 170 150
O 14
407
O
14
52 74 73 49 57 92
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 |
|
N
14 D
|
J 15 |
F
15 M A M J
|
J |
A S O N D |
J 16 |
F M16A M J |
J |
A S O N D |
J 17 |
F M A17M J |
J |
A S |
392
400 407
408 392
402 400
396 408
382 402
383 396
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
349 87 382
336 78 383
92 92 77 78 66 47 76 55
338 349
325 336
311 338
299 325
310
311 318 299 304 313
310
289 318
290 304
281 313
273 289
261 290
268 281
3 Mo Avg
270 273
281 261
262 268
266 270
259 281 283
262
270
266 274 259 271
283 251
270 255
274 233
271
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
F M A M J J A S N
O D
N J
D F M
J
A
F M
J
A
J
M
A
J S
J O
A N
S D
O J
N F
D M
J A
F M
M J
A J
M A S
J
O
J
N
A
D
S
J
O
F
N
M
D
A
J M J J A S
14 15 15
16 16
17 17
68 91 62 90 103 75 68 66 66 65 76 57 64 102 76 85 104 251
81
255 79
233 57
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Assoc 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 35