FL ARCHIVED November 2017 | Page 35

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 355,000
0 %
14 %
Average List Price of all Current Listings
$ 516,157
1 %
21 %
November Median Sales Price
$ 249,250
-9%
-6%
56 %
19 %
$ 247,500
18 %
18 %
November Average Sales Price
$ 293,410
5 %
-1%
33 %
18 %
$ 276,729
11 %
11 %
Total Properties Currently for Sale ( Inventory )
229
-3%
-19%
November Number of Properties Sold
67
0 %
3 %
839
4 %
November Average Days on Market ( Solds )
97
59 %
37 %
20 %
35 %
70
-3%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 164
4 %
6 %
21 %
18 %
$ 152
10 %
9 %
November Sold Price per Square Foot
$ 140
0 %
-3%
18 %
13 %
$ 138
12 %
11 %
November Month ' s Supply of Inventory
3.4
-3%
-8%
-21% -14%
3.5
-13%
-12%
November Sale Price vs List Price Ratio
91.5 % -3.5% -2.9% -1.4% -2.5%
94.3 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120 November Property sales were 67 , up 3.1 % from 65 in November of 2016 and the same as the 67 sales last month . November Property Sales
100
2017 sales were at their highest level compared to November of 120 November Property sales were 67 , up 3.1 % from 65 in November 2016 and 2015 . November YTD sales of 839 are running 3.7 % of 2016 and the same as the 67 sales last month November
80 ahead of last year ' s year-to-date sales of 809 .
100
2017 sales were at their highest level compared to November of 2016 and 2015 . November YTD sales of 839 are running 3.7 %
80
60 ahead of last year ' s year-to-date sales of 809 .

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
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 14 15
16
17 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 14 15
Median 16Sales Price and Average 17 Sales Price
3 Mo Avg
Median Sales Price and Average Sales Price
73 49 57 92 87 78 92 92 77 78 66 47 76 55 68 91 62 90 103 75 68 66 66 65 76 57 64 102 76 85 104 81 79 57 67 67
Prices
The Median Sales Price in November was $ 249,250 , up 55.8 %
Prices from $ 160,000 in November of 2016 and down 9.4 % from
The
$ 275,000 Median last Sales month Price . in The November Average was Sales $ 249,250 Price in , up November 55.8 % was
350 from
$ 293,410 $ 160,000 , up 33.0 in November % from $ of 220,549 2016 and in down November 9.4 % from of 2016 and
330
$ up 275,000
4.5 % from last month
$ 280,641
. The last Average month Sales
. November Price in November
2017 ASP was was at
$ 293,410 , up 33.0 % from $ 220,549 in November of 2016 and
310 the highest level compared to November of 2016 and 2015 . up 4.5 % from $ 280,641 last month . November 2017 ASP was at
290 the highest level compared to November of 2016 and 2015 .
270
250
230
210
350
330
310
290
270
250
230
210
190
3 Mo Avg
190
170
170
150
150
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
17 A M 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
The
November Total Inventory was 229 of , down Properties 3.4 % available from 237 for last sale month as of and down
November was 229 , down 3.4 % from 237 last month and down
450
18.8 % from 282 in November of last year . November 2017
18.8 % from 282 in November of last year . November 2017
400
Inventory was at its lowest level compared with November of
Inventory was at its lowest level compared with November of
350
2016 and 2015 .
2016 and 2015 .
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 November 2017 MSI of 3.4 higher MSI is better for buyers . The November 2017 MSI of 3.4
100 months was at its lowest level compared with November of 2016 months was at its lowest level compared with November of 2016
50 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
9.0
350
8.0
300
7.0
250
6.0
200
5.0
4.0
150
3.0
100
2.0
50
1.0
0
0.0
D
J
D
F M
J
A
F M A J
M
J
A
J
S
J O
A
N
S D
O J
N
F
D M
J A
F M
M J
A
J
M
A
J S O
J
A N D
S O J
F
N
M
D
A
J M
F
J
M
J
A
A
M S
J O
J N
A S O N
14
1514
15
16
16
17
17
400 408
73 400 402
49 408 396
57 402 382
92 396 383
87 382 349
78 383 336
92 92 77 78 66 47 76 55 68 91 62 90 103 75
338 349 325 336
311 338
299 325
310
311 318 299
304 310
313
318 289 290
304
281 313
274 289
262 290
269 281
271 274
282 262 68 66 66 65 76 57 64 102 76 85 104 81
263 269
266 271
259 282
283 263
270 266 274
259 271
283 253
270 255
274 239
271
237 253
229 255
79 239
57
237 67
229 67
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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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