FL ARCHIVED March 2018 | Page 18

Community Information | School District 20 10
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The March 2018 Selling Price per Square Foot of $ 142 was up 1.4 % from $ 140 last month and up 8.4 % from 131 in March of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The March 2018 Selling Price vs Original List Price of 96.1 % was up from 96.0 % last month and up from 95.9 % in March of last year .

Hillsborough Agent Name County

Market Action Report March 2018

County : Hillsborough

Price Range : All | Properties : SFH - Con
Market Time
80
The average Days On Market ( DOM ) shows how many days the
average Property is on the market before it sells . An upward
70
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
60
Seller ' s market . The DOM for March was 61 , up 7.0 % from 57
50
days last month and equal to 61 days in March of last year . The
March 2018 DOM was at its lowest level compared with March of
40
2017 and 2016 .
30
Title Phone

Community Information | School District 20 10

Website Other
Days On Market for Sold Properties
65
Selling Price versus Listing Price Ratio
61 61
0
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M J
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Selling Price per Square Foot
3 Mo Avg
150 145 140 135 130 125 120 115 110 105 100
97 % 97 % 96 % 96 % 95 % 95 % 94 %
120
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Avg Selling Price divided by Avg Listing Price for sold properties during the month
95.4 %
131
95.9 %
3 Mo Avg
3 Mo Avg
142
96.1 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in March 2018 was 2,864 , up 18.5 % from 2,416 last month and up 0.2 % from 2,858 in March of last year .
94 %
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Inventory / New Listings / Sales
7,000 6,000 5,000 4,000 3,000
6,578 6,578 6,612 6,348 6,122 5,986 5,978 5,910 5,570 5,596 5,605 5,702 5,645 5,743 5,814 5,866 5,835 5,789 5,750 5,747 5,471 5,572 5,552 5,563 5,496 5,630 5,704 5,635 5,562 5,388 5,180 5,033 4,795 4,987 4,984 4,725
2,000 1,000
0
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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 Association of REALTOR 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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