Florida Market Viewpoint April 2017 - Page 15

Market Action Report Tampa City: Tampa Agent Name Market Action Report City: Tampa April 2017 Title Phone Agent Name Website Title Other April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $310,000 Other Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 4% 13% $490,355 Trending 5% versus*: 13% Month LM -3% L3M PYM LY $219,500 5% 16% $310,000 4% -7% -1% 13% 1% $264,258 $490,355 2,229 5% -7% 13% -11% $219,500 -3% 5% 16% 8% 931 -1% -4% $264,258 -7% -1% 1% -3% 54 -5% -4% -2% 2,229 -7% -11% $164 -1% 0% 10% 931 -1% -4% $146 -1% 2% 8% 54 -5% -4% -2% -2% 2.4 -6% $164 -1% 0% -14% 10% -8% 9% 95.9% .4% .4% $146 -1% 2% 8% .0% 5% Average List Price of all Current Listings Market Profile Sales & Trends April Median Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) April Median Sales Price April Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sold Sale Price Price vs Square List Price April per Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 1,200 April Property sales were 931, down 3.7% from 967 in April of 2016 and 0.9% lower than the 939 sales last month. April 2017 1,000 Property sales were Sales at their lowest level compared to April of 2016 and 1,200 April Property sales sales were of 931, down 3.7% from 967 in ahead April of of last 2015. April YTD 3,330 are running 3.8% 800 2016 and year-to-date 0.9% lower than 939 sales last month. April 2017 1,000 year's sales the of 3,207. 800 Trending versus*: Prior YTD 14% Prior Year 3% 8% YTD $210,000 -3% $267,338 8% -2% $210,000 14% 3,330 $267,338 8% -2% 9% 3,330 5% 56 -21% $164 .2% $144 3% 4% -2% 56 -11% $164 12% 4% $144 11% -11% 2% 3.0 -10% 12% 9% 95.5% 1% 4% 11% 2% 9% 4% -2% -0% 2.4 -6% -14% -8% -21% 3.0 -10% -2% of 95.5% Properties 95.9% .4% .4% .0% Number .2% 1% Sold -0% April Month's Supply of Inventory sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 3,330 are running 3.8% ahead of last year's year-to-date sales of 3,207. Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 3 Mo Avg 600 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 300 280 260 240 220 200 180 160 140 120 100 240 220 200 180 160 140 120 100 Median Sales Price and Average Sales Price 16 Median Sales Price and Average Sales Price 620 864 15 17 3 Mo Avg 3 Mo Avg 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 14 J A S O N 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 14 15 16 17 Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 0 6.0 5.0 4.0 The Total Inventory Inventory & MSI of Properties available for sale as of April 4,000 The Total Inventory of Properties available for sale and as of April was 2,229, down 7.3% from 2,404 last month down 11.2% was 2,229, down 7.3% of from month down 11.2% from 2,510 in April last 2,404 year. last April 2017 and Inventory was at its 4,000 3,500 3,500 3,000 from 2,510 in April of last with year. April April of 2017 Inventory was at its lowest level compared 2016 and 2015. lowest level compared with April of 2016 and 2015. 3,000 2,500 2,500 2,000 2,000 1,500 A comparatively lower MSI is more beneficial for sellers while 1,500 a A higher comparatively lower MSI is more beneficial sellers MSI is better for buyers. The April for 2017 MSI while of 2.4 a 1,000 1,000 higher MSI is better for buyers. The April 2017 MSI of 2.4 months was at its lowest level compared with April of 2016 and 500 500 months was at its lowest level compared with April of 2016 and 0 2015. 2015. 1,030 943 14 The Median Sales Price in April was $219,500, up 15.6% from Prices $189,900 in April of 2016 and down 2.9% from $226,000 last The Median Sales Price in April was in $219,500, up $264,258, 15.6% from up 0.6% month. The Average Sales Price April was 300 $189,900 in April in of April 2016 of and down 2.9% from $226,000 last from $262,777 2016 and down 7.2% from $284,695 month. The Average Sales ASP Price was in April $264,258, 0.6% 280 last month. April 2017 at the was highest level up compared to 260 from $262,777 April of 2016 and down 7.2% from $284,695 April of 2016 in and 2015. Prices 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 14 15 16 17 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 0 0 200 400 200 600 400 3.0 2.0 1.0 0.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 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 A 15 16 17 14 14 15 16 17 Copyright © Coldwell Banker Residential Estate / Coldwell Realtors Price Range: All | Property Types: Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker Banker United, United, Realtors | Price | Range: All | Property Types: SFH - Con SFH - Con c o l dw el l b a n k er h o m es . c o m | 15 Data is provided courtesy of Greater Lauderdale REA 1Q=IL°)I1Q=H)Íͽ¥…Ñ¥½¸)½˜ ½Õ¹Ñä°)5…ÉÑ¥¸ ½Õ¹Ñä°)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)±½É¥‘„51L°)I•¥½¹…°)51L°) ½…ɐ½˜I1Q=IL°)I1Q=IL½˜Íͽ¥…Ñ¥½¸)½˜Ñ¡”A…±´)MÁ…” ½…ÍÐ)Íͼ)…Ñ„)¥ÌÁɽ٥‘•)½ÕÉѕÍä)½˜ɕ…Ñ•È)½ÉЁ½ÉÐ)1…Õ‘•É‘…±”)I1Q=IL°)I1Q=H)Íͽ¥…Ñ¥½¸)½˜5…ÉÑ¥¸)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)5䁱½É¥‘„5ä)I•¥½¹…°)9…Á±•Ì)ɕ„9…Á±•Ì) ½…ɐɕ„)½˜I1Q=IL°)I1Q=ILÍͽ¥…Ñ¥½¸)Ñ¡”A…±´ •…¡•Ì°)MÁ…” •…¡•Ì°) ½…ÍЁÍͽ¥…Ñ¥½¸)½˜I1P)‘½•Ì)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”…ÕɅä)Ñ¡¥Ì¥¹™½Éµ…Ñ¥½¸¸)%Ё¥Ì)Ñ¡”É•ÍÁ½¹Í¥‰¥±¥Ñä)½˜…¹ä½È‰Õå•È)…¹…±°¥¹™½Éµ…Ñ¥½¸)ѼÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÑɅ¹Í…Ñ¥½¸¸)‘½•Ì)¹½Ð¹½Ð)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”…ÕɅä)½˜Ñ¡¥Ì½˜¥¹™½Éµ…Ñ¥½¸¸)%Ё¥ÌÑ¡”)ɕÍÁ½¹Í¥‰¥±¥Ñä)½˜…¹ä‰Õå•È)͕±±•È½ÈÑ¼Í•±±•È)ٕɥ™äÑ¼)…¹äÙ•É¥™ä)…¹…¹ä)…±°¥¹™½Éµ…Ñ¥½¸)ɕ±•Ù…¹ÐÑ¼É•±•Ù…¹Ð)ÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÑɅ¹Í…Ñ¥½¸¸