Florida Market Viewpoint June 2017 - Page 15

Market Action Report Tampa City: Tampa Agent Name Market Action Report City: Tampa June 2017 Title Phone Agent Name Website Title Other June 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $298,900 Other Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 2% 9% $461,198 Trending -1% versus*: 10% Month LM 2% L3M PYM LY $240,000 4% 9% $298,900 2% 4% 9% 9% 11% $323,048 $461,198 2,397 -1% -4% 10% -8% $240,000 2% 4% 9% 18% 1,113 4% 8% $323,048 4% 9% 11% 19% 47 -8% -10% -8% 2,397 -4% -8% $163 -2% -1% 5% 1,113 4% 8% $161 3% 5% 12% 47 -8% -10% -8% -15% 2.2 -7% $163 -2% -1% -9% 5% -14% 9% 96.2% .0% .2% $161 3% 5% 12% -.1% 16% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Price Current Listings June Average Sales Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) June Median Sales Price June Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sold Sale Price Price vs Square List Price June per Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 2.2 -7% 96.2% .0% June Month's Supply of Inventory June Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 800 Trending versus*: Prior YTD 13% Prior Year 8% 18% YTD $220,000 19% $287,088 10% 6% $220,000 13% 5,520 $287,088 10% -15% 9% 5,520 16% 53 -29% $163 .5% $150 8% 5% 6% 53 -10% $163 9% 5% $150 12% -10% -4% 2.8 -9% 9% 9% 95.8% 0% 8% 12% -4% 9% 8% -8% 0% -9% -14% -29% 2.8 -9% -8% of 95.8% Properties .2% -.1% Number .5% 0% Sold 0% 1,200 June Property sales were 1,113, up 7.5% from 1,035 in June of 2016 and 3.9% higher than the 1,071 sales last month. June 1,000 Property 1,200 2017 sales Sales were at their highest level compared to June of 2016 June sales YTD were sales 1,113, 7.5% are from 1,035 in June ahead of of and Property 2015. June of up 5,520 running 5.4% 800 2016 3.9% higher than sales the 1,071 sales last month. June 1,000 last and year's year-to-date of 5,236. 2017 sales were at their highest level compared to June of 2016 and 2015. June YTD sales of 5,520 are running 5.4% ahead of last year's year-to-date sales of 5,236. Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 3 Mo Avg 600 Prices 14 The Median Sales Price in June was $240,000, up 9.1% from 350 Prices $220,000 in June of 2016 and up 2.1% from $235,000 last The Median Sales Price in June was $240,000, up 9.1% from month. The Average Sales Price in June was $323,048, up 350 300 $220,000 in June of 2016 in and up of 2.1% from last 10.6% from $292,087 June 2016 and $235,000 up 3.8% from month. The last Average Sales Price in June up level $311,217 month. June 2017 ASP was was $323,048, at the highest 300 10.6% from $292,087 June and of 2016 and up 3.8% from 250 compared to June of in 2016 2015. $311,217 last month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. 250 894 726 15 Median Sales Price and Average Sales Price 16 17 Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 200 200 150 150 100 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 M J 100 15 A M J J A S O N D J F M 16 J A 14 S O N D J F M A M J J A S O N D J F M A 17 M J 14 15 16 17 Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 0 6.0 5.0 4.0 The Total Inventory Inventory & MSI of Properties available for sale as of June 4,000 The Total Inventory of Properties available for sale as of June was 2,397, down 3.8% from 2,491 last month and down 7.9% was 2,397, down 3.8% of from month down 7.9% from 2,602 in June last 2,491 year. last June 2017 and Inventory was at its 4,000 3,500 3,500 3,000 from 2,602 in compared June of last with year. June June of 2017 was at its lowest level 2016 Inventory and 2015. lowest level compared with June of 2016 and 2015. 3,000 2,500 2,500 2,000 2,000 1,500 A comparatively lower MSI is more beneficial for sellers while 1,500 a A higher comparatively lower MSI is more beneficial sellers MSI is better for buyers. The June for 2017 MSI while of 2.2 a 1,000 1,000 higher MSI is better for buyers. The June 2017 MSI of 2.2 months was at its lowest level compared with June of 2016 and 500 500 months was at its lowest level compared with June of 2016 and 0 2015. 2015. 857 925 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 M J 14 15 16 17 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 M J 0 0 200 400 200 600 400 3.0 2.0 1.0 0.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 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 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 M J 15 16 17 14 14 15 16 17 Copyright © Coldwell Banker Residential Estate / Coldwell Realtors Price Range: All | Property Types: Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker Banker United, United, Realtors | Price | Range: All | Property Types: SFH - Con SFH - Con c o l dw el l b a n k er h o m es . c o m | 15 Data is provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of County, Martin County, Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Space Coast Asso Data is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Asso ¥…Ñ¥½¸)½˜5…ÉÑ¥¸)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)5䁱½É¥‘„5ä)I•¥½¹…°)9…Á±•Ì)ɕ„9…Á±•Ì) ½…ɐɕ„)½˜I1Q=IL°)I1Q=ILÍͽ¥…Ñ¥½¸)Ñ¡”A…±´ •…¡•Ì°)MÁ…” •…¡•Ì°) ½…ÍЁÍͽ¥…Ñ¥½¸)½˜I1P)‘½•Ì)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”…ÕɅä)Ñ¡¥Ì¥¹™½Éµ…Ñ¥½¸¸)%Ё¥Ì)Ñ¡”É•ÍÁ½¹Í¥‰¥±¥Ñä)½˜…¹ä½È‰Õå•È)…¹…±°¥¹™½Éµ…Ñ¥½¸)ѼÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÑɅ¹Í…Ñ¥½¸¸)‘½•Ì)¹½Ð¹½Ð)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”…ÕɅä)½˜Ñ¡¥Ì½˜¥¹™½Éµ…Ñ¥½¸¸)%Ё¥ÌÑ¡”)ɕÍÁ½¹Í¥‰¥±¥Ñä)½˜…¹ä‰Õå•È)͕±±•È½ÈÑ¼Í•±±•È)ٕɥ™äÑ¼)…¹äÙ•É¥™ä)…¹…¹ä)…±°¥¹™½Éµ…Ñ¥½¸)ɕ±•Ù…¹ÐÑ¼É•±•Ù…¹Ð)ÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÑɅ¹Í…Ñ¥½¸¸