FL ARCHIVED November 2017 | Page 15

Market Action Report November 2017
Phone Community Information | School District

City : Tampa

Price Range : All | Properties : SFH - Con

Tampa

Market Action Report November 2017

Phone Community Information | School District

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
$ 286,850
3 %
15 %
Average List Price of all Current Listings
$ 457,418
3 %
13 %
November Median Sales Price
$ 235,000
14 %
5 %
12 %
16 %
$ 224,000
10 %
10 %
November Average Sales Price
$ 295,476
4 %
1 %
1 %
9 %
$ 289,996
7 %
7 %
Total Properties Currently for Sale ( Inventory )
2,234
-4%
-17%
November Number of Properties Sold
828
3 %
5 %
9,831
2 %
November Average Days on Market ( Solds )
57
8 %
10 %
-2%
4 %
52
-5%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 168
-1%
1 %
14 %
12 %
$ 164
10 %
9 %
November Sold Price per Square Foot
$ 157
5 %
2 %
6 %
13 %
$ 152
9 %
9 %
November Month ' s Supply of Inventory
2.7
-6%
-10% -21% -11%
2.8
-7%
-6%
November Sale Price vs List Price Ratio
95.2 %
. 1 %
. 1 %
-. 5 %
-. 5 %
95.5 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200 November Property sales were 828 , up 4.8 % from 790 in November of 2016 and 2.7 % higher than the 806 sales last 1,000 Property month . November Sales 2017 sales were at their highest level 1,200
November compared Property to November sales were of 2016 828 , and up 4.8 2015 % from . November 790 in YTD sales November of 2016 and 2.7 higher than the 806 sales last
800 of 9,831 are running 1.6 % ahead of last year ' s year-to-date sales 1,000 month . November 2017 sales were at their highest level of 9,676 . compared to November of 2016 and 2015 . November YTD sales 600
800 of 9,831 are running 1.6 % ahead of last year ' s year-to-date sales of 9,676 .
600
400
400
Number of Properties Sold
200
0
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 235,000 , up 12.4 %
Prices from $ 209,000 in November of 2016 and up 14.4 % from
The
$ 205,500 Median Sales last month Price in . The November Average was Sales $ 235,000 Price in , up November 12.4 % was
350 from
$ 295,476 $ 209,000 , up 1.0 in November % from $ 292,406 of 2016 and in November up 14.4 % from of 2016 and up
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
Median Sales Price and Average Sales Price
14
15
16
17
350
Median Sales Price and Average Sales Price
300
A S O N
3 Mo Avg
3 Mo Avg
$ 205,500
4.5 % from last $ month 282,867 . The last Average month . Sales November Price in 2017 November ASP was was at the
$ 295,476 , up 1.0 % from $ 292,406 in November of 2016 and up
300 highest level compared to November of 2016 and 2015 .
4.5 % from $ 282,867 last month . November 2017 ASP was at the
250
highest level compared to November of 2016 and 2015 .
250
200
200
200
150
884 613
Agent Name Title
Website Other
741 902 985
884 613 741 902 985 938 1,100 1,030 944 925 859 686 865 620 727 894 968 994 1,035 959 929 914 846 790 895 724 738 940 936 1,070 1,116 960 1,001 712 806 828
150 100
100 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 14 F 15 M A M J J A S O N D J F M16A M J J A S O N D J F M A17M J J A S O N 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 2,234 of Properties , down 3.9 available % from 2,324 for sale last month of and
4,000 6.0
November down 17.0 was % from 2,2342,690 , down in 3.9 November % from 2,324 of last year month . November and 4,0003,500
6.0 5.0 down 201717.0 Inventory % from 2,690 was at in its November lowest level of last compared year . November with November 3,5003,000 5.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with November 3,0002,500 4.0 of 2016 and 2015 . 2,500
4.0 2,000
3.0
2,000 1,500
3.0
A comparatively lower MSI is more beneficial for sellers while 1,500 a 2.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
2.0 higher MSI is better for buyers . The November 2017 MSI of 2.7 1,000 higher months
MSI was is better at its lowest for buyers level
. The compared
November with
2017 November
MSI of 2.7 of 2016 500
1.0
1.0 months was at its lowest level compared with November of 2016 500 and 2015 .
0 0.0 and 2015 . 0
0.0 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 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 14 15
16 17
14 15 16
17
938 1,100 1,030
3,405 3,310 3,243 3,193 3,163 3,196 3,205 3,011 2,909 2,858 2,832 944 925 859
3,405 3,310 3,243 3,193 3,163 3,196 3,205 3,011 2,909 2,858 2,832 2,773
Number of Properties Sold
686 865 620 727 894 968 994 1,035 959
3 Mo Avg
2,773 2,598 2,590 2,610 2,582 2,526 2,553 2,616 2,706 2,705 2,698 2,689 2,690 2,547 2,558 2,562 2,526 2,497 2,586 2,610 2,543 2,509 2,431 2,324 2,234
929 914 846
2,598 2,590 2,610 2,582 2,526 2,553 2,616 2,706 2,705 2,698 2,689 2,690 2,547 2,558 2,562 2,526 2,497 2,586 2,610 2,543 2,509 2,431 2,324
790 895 724 738 940 936 1,070 1,116 960 1,001
3 Mo Avg
712 806
2,234
828
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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