FL ARCHIVED December 2017 | Page 9

Market Action Report December 2017
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report December 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
$ 280,000
1 %
10 %
Average List Price of all Current Listings
$ 411,452
2 %
14 %
December Median Sales Price
$ 228,000
-1%
0 %
1 %
9 %
$ 225,500
7 %
7 %
December Average Sales Price
$ 283,980
2 %
2 %
3 %
11 %
$ 275,333
8 %
8 %
Total Properties Currently for Sale ( Inventory )
4,413
-9%
-19%
December Number of Properties Sold
1,944
6 %
3 %
23,495
4 %
December Average Days on Market ( Solds )
55
-7%
0 %
-4%
-4%
54
-5%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 144
-3%
-3%
7 %
7 %
$ 144
8 %
7 %
December Sold Price per Square Foot
$ 139
1 %
2 %
4 %
12 %
$ 135
8 %
8 %
December Month ' s Supply of Inventory
2.3 -15% -12% -21% -27%
2.8
-10%
-10%
December Sale Price vs List Price Ratio
95.8 %
-. 1 %
. 0 %
-. 5 %
-. 2 %
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 December Property sales were 1,944 , up 2.6 % from 1,894 in December of 2016 and 6.2 % higher than the 1,831 sales last 2,500 Property month . December Sales 2017 sales were at their highest level 3,000 December compared Property to December sales were of 2016 1,944 and , up 2015 2.6 %. from December 1,894 in YTD sales
2,000 December of 23,495 of are 2016 running and 6.2 3.8 %% higher ahead than of last the year 1,831 ' s sales year-to-date last 2,500 month sales . of December 22,631 . 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales 1,500
2,000 of 23,495 are running 3.8 % ahead of last year ' s year-to-date sales of 22,631 .
1,000 1,500
1,000
500
1,179 1,504
Title
Website Other
1,890 1,964 1,908
Number of Properties Sold
500
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
0
15
16
17
Prices
The Median Sales Price in December was $ 228,000 , up 1.3 %
J
F M A M J
15
J
A S
Median O N D
J Sales
F M A Price M J
J and
A S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
3 Mo Avg
Prices from $ 225,000 in December of 2016 and down 0.9 % from
The
$ 230,000 Median last Sales month Price . in The December Average was Sales $ 228,000 Price in , up December 1.3 % was from
$ 283,980 $ 225,000 , up in 3.4 December % from $ of 274,535 2016 and in December down 0.9 % of from 2016 and up
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$
2.3 230,000 % from last $ 277,566 month . The last Average month . Sales December Price in 2017 December ASP was was at the
$ 283,980 , up 3.4 % from $ 274,535 in December of 2016 and up
270 highest level compared to December of 2016 and 2015 .
2.3 % from $ 277,566 last month . December 2017 ASP was at the
250
250
230
highest level compared to December of 2016 and 2015 .
230
210
210
190
190
170
1,179 1,504 1,890 1,964 1,908 2,257 2,115 1,965 1,833 1,777 1,464 1,810 1,236 1,499 1,896 2,038 2,138 2,208 2,061 2,103 1,950 1,774 1,834 1,894 1,418 1,580 2,136 1,965 2,366 2,398 2,203 2,236 1,613 1,805 1,831 1,944
170 150 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
150 15
16
17 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
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 December Total Inventory was 4,413 of , Properties down 9.5 % available from 4,874 for sale last as month of and
8,000 6.0
December down 19.2 was % from 4,4135,465 , down in 9.5 December % from 4,874 of last last year month . December and 8,0007,000
6.0 5.0 down 201719.2 Inventory % from was 5,465 at in its December lowest level of last compared year . December with December 7,0006,000 5.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with December 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 December 2017 MSI of 2.3
2.0
2,000 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 2.3 of 2016 1,000
1.0
1.0 months was at its lowest level compared with December of 2016 1,000 and 2015 .
0 0.0 and 2015 . 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
0.0 O N D
J F
15
M 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 O N D
15 16
17
6,696 6,650 6,561 6,574
2,257
6,574 6,607
2,115 1,965 1,833
6,343 6,117 5,981
1,777 1,464
5,973 5,905
6,696 6,650 6,561 6,574 6,574 6,607 6,343 6,117 5,981 5,973 5,905 5,565 5,591 5,601
Number of Properties Sold
1,810
5,565
5,591 1,236 1,499
5,601
5,698 1,896 2,038 2,138
5,640 5,738 5,809 2,208 2,061
5,861
5,831 2,103 1,950
5,784 5,745
3 Mo Avg
5,698 5,640 5,738 5,809 5,861 5,831 5,784 5,745 5,741 5,465 5,562 5,538 5,546 5,474 5,603 5,674 5,598 5,516 5,329 5,079 4,874
4,413
1,774 1,834
5,741
5,465 1,894 1,418 1,580
5,562 5,538 5,546 2,136 1,965
5,474
5,603 2,366 2,398
5,674 5,598
2,203 2,236
5,516 5,329
1,613
3 Mo Avg
1,805 1,831
5,079 4,874
4,413
1,944
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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