Market Action Report December 2017
Community Information | School District
Market Action Report December 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 |
$ 352,450 |
2 % |
|
17 % |
|
|
|
|
Average List Price of all Current Listings |
$ 521,468 |
2 % |
|
19 % |
|
|
|
|
December Median Sales Price |
$ 245,000 |
-2% |
-5% |
13 % |
17 % |
$ 247,000 |
18 % |
18 % |
December Average Sales Price |
$ 263,575 |
-10% |
-8% |
7 % |
6 % |
$ 275,610 |
11 % |
11 % |
Total Properties Currently for Sale ( Inventory ) |
208 -10% |
-21% |
December Number of Properties Sold |
78 |
16 % |
3 % |
917 |
4 % |
December Average Days on Market ( Solds ) |
52 -46% -27% |
-4% |
-28% |
68 |
-4% |
-6% |
Asking Price per Square Foot ( based on New Listings ) |
$ 163 |
0 % |
3 % |
13 % |
17 % |
$ 152 |
10 % |
9 % |
December Sold Price per Square Foot |
$ 147 |
4 % |
2 % |
16 % |
18 % |
$ 139 |
12 % |
12 % |
December Month ' s Supply of Inventory |
2.7 -23% -17% -23% -33% |
3.4 |
-14% |
-14% |
December Sale Price vs List Price Ratio |
94.8 %
3.6 %
|
. 8 % |
. 9 % |
1.0 % |
94.3 % |
0 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120 December Property sales were 78 , up 2.6 % from 76 in December of 2016 and 16.4 % higher than the 67 sales last month . Property Sales
100
December 2017 sales were at their highest level compared to 120 December Property sales were 78 , up 2.6 % from 76 in December December of 2016 and 2015 . December YTD sales of 917 are of 2016 and 16.4 % higher than the 67 sales last month .
80 running 3.6 % ahead of last year ' s year-to-date sales of 885 . 100 December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales of 917 are
80
60 running 3.6 % ahead of last year ' s year-to-date sales of 885 .
Tarpon Agent Springs
Name
Title Phone Website Other
Community Information | School District
60 40
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
40 20
Prices The Median Sales Price in December was $ 245,000 , up 13.4 %
Prices from $ 216,000 in December of 2016 and down 1.7 % from The $ 249,250 Median last Sales month Price . in The December Average was Sales $ 245,000 Price in , up December 13.4 % was 350 from $ 263,575 $ 216,000 , up 7.2 in December % from $ 245,943 of 2016 and in December down 1.7 % of from 2016 and 330 $ down 249,250
10.2 last
% month from $
. 293,410 The Average last month Sales Price
. December in December
2017 was ASP
$ 263,575 , up 7.2 % from $ 245,943 in December of 2016 and
310 was at the highest level compared to December of 2016 and down 10.2 % from $ 293,410 last month . December 2017 ASP 290 2015 . was at the highest level compared to December 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 December Total Inventory was 208 of , down Properties 10.0 % available from 231 for last sale month as of and down
450
December was 208 , down 10.0 % from 231 last month and down
450
20.9 % from 263 in December of last year . December 2017 400 20.9 % from 263 in December of last year . December 2017 400
Inventory was at its lowest level compared with December of 350 Inventory was at its lowest level compared with December 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 December 2017 MSI of 2.7 100 higher MSI is better for buyers . The December 2017 MSI of 2.7 100 months was at its lowest level compared with December of 2016 50 months was at its lowest level compared with December of 2016 50 and 2015 .
0 and 2015 .
0 J 15
20
0
0 |
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
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
Median
16 Sales Price and Average
17 Sales Price
|
3 Mo Avg |
|
|
Median Sales Price and Average Sales Price |
|
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 67 67 78
J 15
350 330 310 290 270 250 230 210 190 170 150
J 15
408
|
F
15 M A M J
|
J |
A S O N D |
J |
|
|
|
16 |
402 49
J
408 396
57 382
92 383
87
F M16A M J |
J |
A S O N D |
J |
F M
17 A M J
|
J |
A S O N D |
|
|
|
17 |
|
|
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
349 78 336
92 92 77 78 66 47 76 55
F M A M J J A S O N D J
402 396 382 383
68 91 62
338 349
325 336 311 338
299 325
310
311 318 299
304 310
313 318
289
304 290 281
313
274 289
262 290
269 281
271 274
282 262
263 269
3 Mo Avg
266 271
259 282
283 263
270 266
274 259 271 283
253
270 255
274 239
271
237 253
231 255
208
239
9.0 8.0 7.0 6.0 5.0
|
|
4.0 |
|
|
3.0 |
|
|
2.0 |
|
|
1.0 |
F M A M J |
J |
0.0
A S O N D
|
F M
J F A
M A J
M J 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
J S O
J A N D
S O J F
N
M
D
A
J M J J A S O N D
15
16 16
17 17
90 103 75 68 66 66 65 76 57
F M A M J J A S O N D J
64 102 76 85 104 81 79 57 67 67 78
F M A M J J A S O N D
237 231 208
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 .
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