FL ARCHIVED March 2018 | Page 32

Market Action Report March 2018
Market Action Report March 2018

County : Pasco

Pasco Agent County

Name
Market Action Report March 2018

County : Pasco
Title
Phone

Community Information | School District

Agent
Website Name
Price Range : All | Properties : SFH - Con
TitleOther
Phone
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Website
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Price
Median
Range : All
List
| Properties
Price
: SFH
of
- Con
all Current Listings
$
Other 239,900
2 %
7 %
Average List Price of all Current Listings
$ 277,353
Trending
3 % versus *:
7 %
Trending versus *:
March Median Sales Price
$ 188,500
-3%
0 %
14 %
2 %
$ 185,000
12 %
0 %
March Average Sales Price
Total Properties Currently for Sale ( Inventory )
March Number of Properties Sold
March Average Days on Market ( Solds )
Asking Price per Square Foot ( based on New Listings )
March Sold Price per Square Foot
March Month ' s Supply of Inventory
March Sale Price vs List Price Ratio
$ 239,900 $ 209,517 -2%
0 %
11 %
$ 277,353
2,432 -2% -7%
$ 188,500
1,002 25 % -4%
$ 209,517 58 -9% 0 % -3%
2,432
$ 122
3 %
3 %
10 %
1,002
$ 112
1 %
1 %
12 %
58
$ 122 2.4 -22% -21% -3%
$ 112
95.1 %
. 0 % -. 2 %
. 2 %
5 %
$ 206,461
$ 185,000
2,502
$ 206,461
5 %
59
7 %
$ 120
2,502
5 %
$ 110
59 -12%
$ 120
3.1
-. 3 %
$ 110
95.1 %
13 %
1 % -5%
9 %
12 % -7%
1 %
3 %
7 %
5 %
4 %
11 % -0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
2.4
3.1
95.1 %
Number of
95.1 Properties % Sold
3 Mo Avg
* LM
Property = Last Month / L3M Sales = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
1,400
March Property sales were 1,002 , down 4.1 % from 1,045 in
March of 2017 and 25.4 % higher than the 799 sales last month .
1,200
Property
March 2018 Sales sales were at a mid level compared to March of
1,400
Number of Properties Sold
3 Mo Avg
March
2017 and Property 2016 sales . March were YTD 1,002 sales , down of 2,502 4.1 % from are running 1,045 in 1.3 %
March ahead of of 2017 last year and 25.4 ' s year-to-date
% higher than sales the of 799 2,469 sales . last month .
March 2018 sales were at a mid level compared to March of
1,000
1,200
800
2017 and 2016 . March YTD sales of 2,502 are running 1.3 %
1,000
ahead of last year ' s year-to-date sales of 2,469 .
800
600
600
400
400
200
200
0
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
0
15
16
17
18
Prices
The Median Sales Price in March was $ 188,500 , up 14.2 % from
A
M J
15
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
Median Sales Price and Average Sales Price
16
17
18
3 Mo Avg
Prices
$ 165,000 in March of 2017 and down 3.3 % from $ 195,000 last
240
The month Median . The Sales Average Price Sales in March Price was in $ March 188,500 was , up $ 209,517 14.2 % from , up
$
11.4 165,000 % from in March $ 188,013 of 2017 in March and down of 2017 3.3 % and from down $ 195,000 2.1 % from last
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 213,997 . The last Average month Sales . March Price 2018 in March ASP was $ at 209,517 the highest , up level
11.4 % from $ 188,013 in March of 2017 and down 2.1 % from
220
200 compared to March of 2017 and 2016 .
$ 213,997 last month . March 2018 ASP was at the highest level
200
180
compared to March of 2017 and 2016 .
180
160
160 140
140 120
120 100
100
935 1,007 1,113 1,054
935 1,007 1,113 1,054 970 871 871 790 916 681 760 998 1,041 1,052 1,046 975 988 896 792 802 913 670 754 1,045 1,001 1,135 1,162 1,041 1,014 800 847 854 935 701 799 1,002
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
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 March
The was Total 2,432 Inventory , down 2.1 of % Properties from 2,485 available last month for sale and as down of March 7.4 %
4,000 was from 2,432 2,626 , down in March 2.1 % from of last 2,485 year last . March month 2018 and down Inventory 7.4 % was at
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
5.0
from its lowest 2,626 level in March compared of last year with . March of 2018 2017 Inventory and 2016 was . at its lowest level compared with March of 2017 and 2016 .
3,5003,000
3,0002,500
4.0
2,500
2,000
3.0
2,000
1,500
A comparatively lower MSI is more beneficial for sellers while
1,500 a
2.0
A higher comparatively
MSI is better lower for MSI buyers is more
. The beneficial
March for 2018 sellers MSI while of 2.4 a
1,000 higher MSI is better for buyers . The March 2018 MSI of 2.4
1,000 months was at its lowest level compared with March of 2017 and
500
1.0 months was at its lowest level compared with March of 2017 and
500
2016 .
0
2016 .
0
0.0
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
J A S O N D J
F M
15
15
16
16
17
17
18
18
970 871
3,579 3,538 3,389 3,338 3,278 3,181 3,082 3,075
871 790 916 681 760 998 1,041
3,012 3,011 2,950 2,895 2,801 2,633 2,667 2,592
1,052 1,046 975 988 896
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
15
16
17
18
3,579 3,538 3,389 3,338 3,278 3,181 3,082 3,075 3,012
792 802 913 670
2,553 2,617 2,636 2,660 2,595 2,644 2,598 2,626 2,482 2,474 2,514 2,515 2,484 2,464 2,444 2,503 2,439 2,563 2,485 2,432
754
3,011 2,950 2,895 2,801 2,633 2,667 2,592 2,553 2,617 2,636 2,660 2,595 2,644 2,598 2,626 1,045 1,001 1,135 1,162 1,041 1,014 800 847 854 935
2,482 2,474 2,514 2,515 2,484 2,464 2,444 2,503 2,439 2,563
701 799
2,485 2,432
1,002
5.0 4.0
3.0 2.0 1.0 0.0
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