FL ARCHIVED April 2018 | Page 18

Community Information | School District Price Range : All | Properties : SFH - Con

Hillsborough County Market Action Report April 2018 Agent Name

County : Hillsborough

Title Phone

Community Information | School District Price Range : All | Properties : SFH - Con

Market Time
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The average Days On Market ( DOM ) shows how many days the
average Property is on the market before it sells . An upward
70
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
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Seller ' s market . The DOM for April was 52 , down 13.3 % from
50
60 days last month and down 10.3 % from 58 days in April of last year . The April 2018 DOM was at its lowest level compared with
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April of 2017 and 2016 .
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Selling Price per Square Foot 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 indicator on the direction of Property values . The April 2018 Selling Price per Square Foot of $ 142 was up 0.3 % from $ 142 last month and up 8.2 % from 132 in April of last year .
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Website Other
Days On Market for Sold Properties
59 58
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Selling Price per Square Foot
3 Mo Avg
150 145 140 135 130 125 120 115 110 105 100
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their 97 % original list price . The lower the ratio is below 100 % the more of
97 % a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The April 2018 Selling Price vs Original 96 % List Price of 96.4 % was up from 96.1 % last month and up from 96.2 % in April of last year . 96 % 95 % 95 % 94 %
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132
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
95.6 %
96.2 %
3 Mo Avg
3 Mo Avg
52
142
96.4 %
Inventory / New Listings / Sales 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 April 2018 was 2,884 , down 1.2 % from 2,919 last month and up 6.9 % from 2,699 in April of last year .
94 %
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Inventory / New Listings / Sales
8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000
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6,667 6,706 6,450 6,220 6,087 6,084 6,025 5,689 5,718 5,736 5,819 5,748 5,837 5,896
5,946 5,914 5,874 5,835 5,841
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5,571 5,697 5,727 5,775 5,714 5,839 5,915 5,850 5,798 5,652 5,444 5,292 5,036 5,191 5,166 5,123 4,956
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 Association of REA 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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