FL ARCHIVED February 2018 | Page 16

Market Action Report February 2018
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report February 2018

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
2 %
6 %
Average List Price of all Current Listings
$ 411,529
4 %
8 %
February Median Sales Price
$ 230,000
3 %
0 %
6 %
2 %
$ 227,450
8 %
1 %
February Average Sales Price
$ 272,407
-3%
-2%
8 %
-1%
$ 275,737
9 %
0 %
Total Properties Currently for Sale ( Inventory )
4,730
-3%
-15%
February Number of Properties Sold
1,515
13 %
-4%
2,853
-5%
February Average Days on Market ( Solds )
58
0 %
2 %
-2%
7 %
58
2 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 149
0 %
1 %
3 %
3 %
$ 149
4 %
3 %
February Sold Price per Square Foot
$ 140
1 %
1 %
9 %
4 %
$ 139
9 %
3 %
February Month ' s Supply of Inventory
3.1 -15%
2 %
-11%
10 %
3.4
-9%
20 %
February Sale Price vs List Price Ratio
96.0 %
. 5 %
. 2 %
. 2 %
. 0 %
95.8 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
3,000 February Property sales were 1,515 , down 4.1 % from 1,580 in February of 2017 and 13.2 % higher than the 1,338 sales last
2,500 Property month . February Sales 2018 sales were at a mid level compared to 3,000
February Property of 2017 sales and 2016 were . 1,515 February , down YTD 4.1 % sales from of 1,580 2,853 in are February of 2017 and 13.2 % higher than the 1,338 last
2,000
running 4.8 % behind last year ' s year-to-date sales of 2,997 . 2,500 month . February 2018 sales were at a mid level compared to
February of 2017 and 2016 . February YTD sales of 2,853 are 1,500 2,000 running 4.8 % behind last year ' s year-to-date sales of 2,997 .
1,000 1,500
1,000
500
1,890 1,964
Title
Website Other
1,908 2,257 2,115
Number of Properties Sold
500
0
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
0
15
16
17
18
Prices
The Median Sales Price in February was $ 230,000 , up 5.7 %
M
A M J
15
J
A S O N
Median D
J
F M Sales A M J Price
J A S and O N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
16
17
18
3 Mo Avg
Prices from $ 217,675 in February of 2017 and up 2.7 % from $ 223,950
The last Median month Sales . The Price Average in February Sales Price was in $ 230,000 February , up was 5.7 $ % 272,407 , from up 7.5 $ 217,675 % from in $ 253,315 February in of February 2017 and of up 2017 2.7 % and from down $ 223,950 2.5 % from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 279,506 month . last The month Average . February Sales Price 2018 in February ASP was was at the $ 272,407 highest , up 7.5 % from $ 253,315 in February of 2017 and down 2.5 % from
270 level compared to February of 2017 and 2016 .
$ 279,506 last month . February 2018 ASP was at the highest
250
250
230
level compared to February of 2017 and 2016 .
230
210
210
190
190
170
170
150
150
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
15
16
17
18
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
15
16
17
18
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
February Total Inventory was 4,730 of , Properties down 3.4 % available from 4,897 for sale last as month of and
7,000
February down 14.8 was % 4,730 from , 5,550 down in 3.4 February % from 4,897 of last last year month . February and 2018
7,0006,000
5.0 down
Inventory 14.8 % was from at 5,550 its lowest in February level compared of last year with . February 2018 of
6,0005,000
4.0
Inventory
2017 and was 2016 at . its lowest level compared with February of
5,000
2017 and 2016 .
4,000
4,000
3.0
3,000
A comparatively lower MSI is more beneficial for sellers while
3,000 a
2,000
2.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2018 MSI while of a
3.12,000 higher months MSI was is better at its lowest for buyers level . The compared February with 2018 February MSI of 3.1 of 2017
1,000
1.0 months was at its lowest level compared with February of 2017
1,000 and 2016 .
0 and 2016 .
0
0.0
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 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
15
16
17
18
15
16
17
18
5.0
4.0
3.0
2.0
1.0
0.0
1,965 1,833 1,777 1,464
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 1,417 1,580 2,136 1,965 2,366 2,399 2,203 2,236 1,613 1,805 1,831 1,956 1,338 1,515
6,565 6,578 6,578 6,612 6,348 6,122 5,986 5,978 5,910
6,565 6,578 6,578 6,612 6,348 6,122 5,986 5,978 5,910 5,570 5,596 5,605 1,810 1,236
Number of Properties Sold
1,499 1,896 2,038 2,138 2,208 2,061 2,103 1,950 1,774 1,834
3 Mo Avg
5,702 5,645 5,743 5,814 5,866 5,835 5,788 5,749 5,746 5,470 5,571 5,550 5,560 5,492 5,626 5,699 5,630 5,553 5,377 5,160 5,009 4,757 4,897 4,730
1,894 1,417
5,570 5,596 5,605 5,702 5,645 5,743 5,814 5,866 5,835 5,788 5,749 5,746 5,470 5,571 5,550 1,580 2,136 1,965 2,366 2,399 2,203 2,236 1,613 1,805 1,831
5,560 5,492 5,626 5,699 5,630 5,553 5,377 5,160 5,009 4,757
3 Mo Avg
1,956 1,338
4,897 4,730
1,515
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