FL ARCHIVED January 2018 | Page 35

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

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
$ 359,800
3 %
4 %
Average List Price of all Current Listings
$ 545,270
7 %
17 %
January Median Sales Price
$ 292,500
19 %
13 %
27 %
18 %
$ 292,500
27 %
18 %
January Average Sales Price
$ 312,458
19 %
10 %
24 %
13 %
$ 312,458
24 %
13 %
Total Properties Currently for Sale ( Inventory )
219
2 %
-18%
January Number of Properties Sold
49 -37%
-14%
49
-14%
January Average Days on Market ( Solds )
79
52 %
11 % -17%
14 %
79
-17%
14 %
Asking Price per Square Foot ( based on New Listings )
$ 160
-1%
1 %
4 %
5 %
$ 160
4 %
5 %
January Sold Price per Square Foot
$ 150
3 %
4 %
19 %
7 %
$ 150
19 %
7 %
January Month ' s Supply of Inventory
4.5
62 %
25 %
-4%
30 %
4.5
-4%
30 %
January Sale Price vs List Price Ratio
94.9 %
. 1 %
1.0 % 3.0 %
. 6 %
94.9 %
3 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
120 January Property sales were 49 , down 14.0 % from 57 in January of 2017 and 37.2 % lower than the 78 sales last month . January Property Sales
100
2018 sales were at their lowest level compared to January of 120 January Property sales were 49 , down 14.0 % from 57 in January 2017 and 2016 . January YTD sales of 49 are running 14.0 % of 2017 and 37.2 % lower than the 78 sales last month . January 80 behind last year ' s year-to-date sales of 57 .
100
2018 sales were at their lowest level compared to January of 2017 and 2016 . January YTD sales of 49 are running 14.0 %
80 60 behind last year ' s year-to-date sales of 57 .

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
20
0
0
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
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
Median
16 Sales Price and Average
17 Sales Price
18
3 Mo Avg
Median Sales Price and Average Sales Price
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 49
F 15
Prices
The Median Sales Price in January was $ 292,500 , up 27.2 %
Prices from $ 230,000 in January of 2017 and up 19.4 % from
The
$ 245,000 Median last Sales month Price . in The January Average was Sales $ 292,500 Price , up in 27.2 January % was
350 from
$ 312,458 $ 230,000 , up 24.2 in January % from of $ 2017 251,479 and in up January 19.4 % from of 2017 and up
$ 245,000 last month . The Average Sales Price in January was
330
18.5 % from $ 263,575 last month . January 2018 ASP was at the
$ 312,458 , up 24.2 % from $ 251,479 in January of 2017 and up
310 highest level compared to January of 2017 and 2016 .
18.5 % from $ 263,575 last month . January 2018 ASP was at the
290 highest level compared to January of 2017 and 2016 .
270
250
350
330
310
290
270
250
230
3 Mo Avg
230
210
210
190
190
170
170
150
150
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
M15 A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
18
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
The
January Total Inventory was 219 , up of Properties 1.9 % from available 215 last month for sale and as of down 17.7 %
January was 219 , up 1.9 % from 215 last month and down 17.7 %
450 from 266 in January of last year . January 2018 Inventory was at from 266 in January of last year . 2018 Inventory was at
400 its lowest level compared with January of 2017 and 2016 .
450
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
its lowest level compared with January of 2017 and 2016 .
300
350 300 250 200 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 150 higher MSI is better for buyers . The January 2018 MSI of 4.5 higher MSI is better for buyers . The January 2018 MSI of 4.5 100 months was at its lowest level compared with January of 2017 months was at its lowest level compared with January of 2017 50 and
and 2016
2016 .
. 0
402
250 200 150 100 50 0
F 15
396 57 402 382
92 396 383
87 382 349
78 383 336
92 92 77 78 66 47 76 55 68 91 62 90 103 75 68 66
338 349
325 336
311 338 299 325
310
311 318 299
304 310
313 318
289 304
290
313 281 274
289
262 290
269 281
271 274
282 262
263 269
266 271 66 65 76 57 64 102 76 85 104 81 79 57
259 282
283 263
270 266
274 259
271 283 253
270 255
274 239
271
238 253
233 255
215 239
219
238
3.0 2.0 1.0 0.0
M FA M AJ MJ AJ SJ OA NS DO JN FDMJ A FMM J AJ MA JS JO AN SD OJ
NF MD AJ MF JM JA AM SJ OJ NAD SJ
O N D J
15
16 16
17 17
18 18
67
8.0 7.0 6.0 5.0 4.0
233 67
215 78
219 49
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 Asso 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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