FL ARCHIVED September 2017 | Page 9

Market Action Report September 2017
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report September 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
$ 283,610
1 %
10 %
Average List Price of all Current Listings
$ 411,056
1 %
13 %
September Median Sales Price
$ 230,000
0 %
-1%
7 %
10 %
$ 225,326
8 %
7 %
September Average Sales Price
$ 285,790
5 %
1 %
13 %
12 %
$ 274,650
9 %
7 %
Total Properties Currently for Sale ( Inventory )
4,894
-8%
-15%
September Number of Properties Sold
1,605 -28%
-18%
17,900
5 %
September Average Days on Market ( Solds )
54
13 %
6 %
2 %
-5%
54
-5%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 151
3 %
4 %
11 %
13 %
$ 144
8 %
7 %
September Sold Price per Square Foot
$ 138
2 %
0 %
9 %
10 %
$ 134
9 %
7 %
September Month ' s Supply of Inventory
3.0
29 %
16 %
3 %
-1%
2.8
-9%
-9%
September Sale Price vs List Price Ratio
95.7 %
-. 3 %
-. 4 %
-. 4 %
-. 3 %
96.0 %
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 September Property sales were 1,605 , down 17.7 % from 1,950 in September of 2016 and 28.1 % lower than the 2,232 sales last 2,500 Property month . September Sales 2017 sales were at their lowest level 3,000 September compared Property to September sales were of 2016 1,605 and , down 201517.7 . September % from 1,950 YTD in
2,000
September sales of 17,900 of 2016 are and running 28.1 % lower 4.5 % ahead than the of 2,232 last year sales ' s year-todate sales . September of 17,126 2017 . sales were at their lowest level last 2,500 month compared to September of 2016 and 2015 . September YTD
1,500
2,000 sales of 17,900 are running 4.5 % ahead of last year ' s year-todate sales of 17,126 .
1,000 1,500
1,000
Prices
The Median Sales Price in September was $ 230,000 , up 7.0 %
Prices from $ 215,000 in September of 2016 and up 0.0 % from
290
The
$ 229,900 Median last Sales month Price . in The September Average was Sales $ 230,000 Price in , up September 7.0 % from was $ 215,000 285,790 in , up September 12.7 % from of 2016 $ 253,501 and up in 0.0 September % from of 2016
290
270
$ and 229,900 up 4.8 last % month from $ . 272,756 The Average last month Sales Price . September in September 2017 ASP $ 285,790 , up 12.7 % from $ 253,501 in of
270 was at the highest level compared to September of 2016 and and
2015 up . 4.8 % from $ 272,756 last month . September 2017 ASP
250
250
230
was at the highest level compared to September of 2016 and
2015 .
230
210
210
190
190
170
500
0
500
0
1,699
Number of Properties Sold
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 1,580 2,135 1,965 2,367 2,395 2,203 2,232 1,605
O N D 14
1,472
J 15
Title
Website Other
1,809 1,179 1,504
F M A M J Median J A S O Sales N D J Price F M A and M J JAverage A S O N Sales D J F Price M A M J J A S 16
17 3 Mo Avg
Median Sales Price and Average Sales Price
170 150 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
150 14 15
16
17 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
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The September Total Inventory was 4,894 of Properties , down 7.5 available % from 5,291 for sale last as month of and
8,000 6.0
September down 15.1 was % from 4,894 5,765 , down in 7.5 September % from 5,291 of last last year month . September and 8,0007,000
6.0 5.0 down 201715.1 Inventory % from 5,765 was at in its September lowest level of last compared year . September with September 7,0006,000 5.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with September 6,0005,000
4.0 of 2016 and 2015 . 5,000
4.0 4,000
3.0
4,0003,000 3.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a
2.0
A comparatively lower MSI is more beneficial for sellers while a 2,000 higher MSI is better for buyers . The September 2017 MSI of 3.0
2.0
2,000 higher months MSI was is better at a mid for level buyers compared . The September with September 2017 MSI of of 2016 3.0 1,000
1.0
1.0 months was at a mid level compared with September of 2016 1,000 and 2015 .
0 0.0 and 2015 . 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
0.0 J A S
O N
14 D J F M
15
A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17
M J J A S
14 15 16
17
1,890 1,963 1,907 2,255 2,114
7,283 7,109 6,951 6,678 6,632 6,544 6,559 6,556 6,594 6,329 6,101 5,967 5,959
1,964
Number of Properties Sold
1,833 1,774 1,464 1,809 1,236 1,498 1,896 2,037 2,138 2,208
3 Mo Avg
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
7,283 7,109 6,951 6,678 6,632 6,544 6,559 6,556 6,594 6,329 6,101 5,967 5,959 5,891 5,551 5,574 5,584 5,679 5,623 5,720 5,790 5,841
3 Mo Avg
5,891 5,551 5,574 5,584 5,679 5,623 5,720 5,790 5,841 5,812 5,765 5,726 5,719 5,440 5,534 5,501 5,506 5,432 5,549 5,609 5,481 5,291 4,894
2,061 2,102
5,812
5,765 1,950 1,773 1,834
5,726 5,719 5,440 1,894 1,418
5,534
5,501 1,580 2,135
5,506 5,432
1,965 2,367
5,549 5,609
2,395 5,481
3 Mo Avg
2,203 2,232
5,291 4,894
1,605
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 .
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