Community Information | School District
Market Action Report March 2018
City : Tarpon Springs Price Range : All | Properties : SFH - Con
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for March was 70 , up 40.0 % from 50 days last month and down 13.6 % from 81 days in March of last year . The March 2018 DOM was at its lowest level compared with March of 2017 and 2016 .
Tarpon Agent Springs
Name
Title Phone Website Other
Community Information | School District
120
100
80
60
40
20
Days On Market for Sold Properties
81 81
3 Mo Avg
70
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 $ 138 was down 4.9 % from $ 145 last month and down 0.1 % from 138 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 95.2 % was up from 94.8 % last month and up from 94.4 % in March of last year .
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 115 , up 22.3 % from 94 last month and down 14.8 % from 135 in March of last year .
0
200 190 180 170 160 150 140 130 120 110 100
97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
450 400 350 300 250 200 150 100 50 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 |
15 |
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
|
Selling Price per Square Foot |
3 Mo Avg |
116
Selling Price versus Listing Price Ratio
138 138
|
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 |
|
92.7 %
|
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 / New Listings / Sales |
382
383 349 336 338 325 311
Avg Selling Price divided by Avg Listing Price for sold properties during the month
299 310 318 304 313 289 290 281 274 262 269 271 282 263 266 259
94.4 %
283 270 274 271 253 255 240 239 236
3 Mo Avg
218 227 227
|
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 |
|
95.2 %
204
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 REALTORS 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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