FL ARCHIVED June 2017 | Page 35

Market Action Report June 2017
Community Information | School District
Market Action Report June 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
$ 362,000
-7%
17 %
Average List Price of all Current Listings
$ 535,711
0 %
20 %
June Median Sales Price
$ 265,000
19 %
12 %
26 %
26 %
$ 232,000
12 %
10 %
June Average Sales Price
$ 294,261
19 %
12 %
12 %
18 %
$ 262,280
9 %
5 %
Total Properties Currently for Sale ( Inventory )
256
-4%
-9%
June Number of Properties Sold
103
21 %
0 %
487
4 %
June Average Days on Market ( Solds )
62
9 %
-7%
-3%
-14%
72
-4%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 151
-3%
-1%
7 %
8 %
$ 152
11 %
9 %
June Sold Price per Square Foot
$ 140
4 %
2 %
10 %
13 %
$ 135
13 %
9 %
June Month ' s Supply of Inventory
2.5 -21% -19% -9%
-38%
3.4
-15%
-14%
June Sale Price vs List Price Ratio
94.0 % -2.4% -. 9 % -1.9%
. 1 %
94.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120 June Property sales were 103 , equal to 103 in June of 2016 and 21.2 % higher than the 85 sales last month . June 2017 sales were Property Sales
100 at their highest level compared to June of 2016 and 2015 . June 120 June Property sales were 103 , equal to 103 in June of 2016 and YTD sales of 487 are running 3.8 % ahead of last year ' s year-todate sales of 469 .
100
21.2 % higher than the 85 sales last month . June 2017 sales were 80 at their highest level compared to June of 2016 and 2015 . June YTD sales of 487 are running 3.8 % ahead of last year ' s year-todate sales of 469
80 60 .

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
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
14
15
16
17
Prices
The Median Sales Price in June was $ 265,000 , up 26.2 % from
Prices
$ 210,000 in June of 2016 and up 18.8 % from $ 223,000 last
The month Median . The Sales Average Price Sales in June Price was in $ 265,000 June was , up $ 294,261 26.2 % from , up 11.9 %
$ from 210,000 $ 262,854 in June in of June 2016 of and 2016 up 18.8 and % up from 18.8 $ % 223,000 from $ 247,723 last
290 month last month
. The . Average June 2017
Sales ASP Price was in June at the was highest
$ 294,261 level , up compared
11.9 % from $ 262,854 in June of 2016 and up 18.8 % from $ 247,723
270 to
June of 2016 and 2015 . last month . June 2017 ASP was at the highest level compared to
250
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
Median Sales Price
16 and Average Sales Price
17
Median Sales Price and Average Sales Price
290
3 Mo Avg
270
250
230
3 Mo Avg
June of 2016 and 2015 .
230
210
210
190
190
170
170
150
150
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
14 S O N D
J
F
M15 A M J
J
A S O N D
J
F
M16 A M J
J
A S O N D
J
F M A17M J
14
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 June
The was Total 256 , Inventory down 4.5 of % Properties from 268 last available month for and sale down as of 8.9 June % from was 256 , down 4.5 % from 268 last month and down 8.9 % from
450
281 in June of last year . June 2017 Inventory was at its lowest
281 in June of last year . June 2017 Inventory was at its lowest
400 level compared with June of 2016 and 2015 . level compared with June of 2016 and 2015 .
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 June 2017 MSI of 2.5 higher MSI is better for buyers . The June 2017 MSI of 2.5
100 months was at its lowest level compared with June of 2016 and months was at its lowest level compared with June of 2016 and
50
2015
2015 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
9.0
350
8.0
300
7.0
250
6.0
5.0
200
4.0
150
3.0
100
2.0
50
1.0
0
0.0
J
A JS AO NS DO NJ FD MJ
AF M JA
JMA J S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ
NA DS JO FNMD A
JMF J M A M J
14
14
15
15
16
16
17
17
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
69 72 57 52 74 73 49 57 92 87 78 92 92 77 78 66 47 76 55 68 91 62 90 103 75 68 65 66 65 76 57 64 102 76 85 103
392
69 72 57 52 74 73 49 57 92
395
390 392
407 395
392 390
400 407
408 392
402 400
396 408 382 402
383 396
349 87
382 336
78
383
92 92 77 78 66 47 76 55 68
338 349
325 336
311
338 299 310
325
318 311
304 299
313 310
289 318
290 304
281 313 91 62 90 103 75 68 65 66 65 76 57 64
273 289
261 290
268 281
269 273
280 261 261
268 265
269 258
280 281 261
267
265 268 258
256 281
102 267
76
268 85
256
103
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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