FL ARCHIVED October 2017 | Page 9

Market Action Report October 2017
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

Market Action Report October 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
$ 279,999
1 %
8 %
Average List Price of all Current Listings
$ 414,480
3 %
14 %
October Median Sales Price
$ 220,000
-4%
-4%
4 %
5 %
$ 225,000
8 %
7 %
October Average Sales Price
$ 271,495
-5%
-2%
7 %
6 %
$ 274,315
8 %
7 %
Total Properties Currently for Sale ( Inventory )
4,727
-9%
-17%
October Number of Properties Sold
1,798
12 %
1 %
19,705
4 %
October Average Days on Market ( Solds )
52
-4%
2 %
-5%
-9%
54
-5%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 151
1 %
3 %
12 %
13 %
$ 144
8 %
7 %
October Sold Price per Square Foot
$ 135
-2%
-1%
6 %
8 %
$ 134
8 %
7 %
October Month ' s Supply of Inventory
2.6 -19% -5% -19% -15%
2.8
-9%
-8%
October Sale Price vs List Price Ratio
95.8 %
. 1 %
-. 1 % -. 1 %
-. 2 %
96.0 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
3,000 October Property sales were 1,798 , up 1.4 % from 1,773 in October of 2016 and 11.6 % higher than the 1,611 sales last
2,500 Property month . October Sales 2017 sales were at their highest level compared 3,000 October October Property of 2016 sales and were 2015 1,798 . October , up 1.4 % YTD from sales 1,773 of in 19,705 are October of 2016 and 11.6 % higher than the 1,611 sales last
2,000
running 4.3 % ahead of last year ' s year-to-date sales of 18,899 . 2,500 month . October 2017 sales were at their highest level compared
to October of 2016 and 2015 . October YTD sales of 19,705 are 1,500 2,000 running 4.3 % ahead of last year ' s year-to-date sales of 18,899 .
1,000 1,500
1,000
500
210 190
190 170
1,472 1,809
Title
Website Other
1,179 1,504 1,890
Number of Properties Sold
1,472 1,809 1,179 1,504 1,890 1,963 1,907 2,255 2,114 1,964 1,833 1,774 1,464 1,809 1,236 1,498 1,896 2,037 2,138 2,208 2,061 2,102 1,950 1,773 1,834 1,894 1,418 1,580 2,135 1,965 2,366 2,395 2,203 2,234 1,611 1,798
170 150 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
150 14 15
16
17
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 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 October Total Inventory was 4,727 of , down Properties 9.1 % from available 5,200 for last sale month as of and down 8,000
6.0
October 17.5 % from was 4,727 5,727 , down in October 9.1 % from of last 5,200 year last . October month and 2017 down 8,0007,000 6.0
5.0
17.5 Inventory % from 5,727 was at in its October lowest of level last compared year . October with 2017 October of 2016 7,0006,000 5.0
Inventory and 2015 was . at its lowest level compared with October of 2016 6,0005,000 4.0 and 2015 . 5,000
4.0 4,000
3.0
4,0003,000 3.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a 2.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 2.6 2,000
2.0 higher MSI is better for buyers . The October 2017 MSI of 2.6
2,000 months was at its lowest level compared with October of 2016 1,000
1.0
1.0 months was at its lowest level compared with October of 2016 1,000 and 2015 .
0 0.0 and 2015 . 0
0.0 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 A M J J A S O 14 15
16 17
14 15 16
17
1,963 1,907 2,255 2,114
7,109 6,951 6,678 6,632 6,544 6,559 6,556 6,594 6,329 6,101 5,967 5,959 1,964 1,833
Number of Properties Sold
500
0
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
0
14
15
16
17
Prices
The Median Sales Price in October was $ 220,000 , up 4.3 % from
N
D
J
F M A M J
14
15
J
Median
A S O N Sales D
J
F Price M A M and J
J AAverage S O N D Sales
J
F MPrice A M J
16
17
J
A S O
3 Mo Avg
Prices
$ 211,000 in October of 2016 and down 4.3 % from $ 230,000
The last Median month Sales . The Price Average in October Sales Price was $ in 220,000 October , up was 4.3 $ % 271,495 from ,
$ up 211,000 7.4 % in from October $ 252,832 of 2016 in October and down of 4.3 2016 % from and $ down 230,000 4.9 % from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 285,613 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 271,495 highest , level up 7.4 % from $ 252,832 in October of 2016 and down 4.9 % from
270 compared to October of 2016 and 2015 .
$ 285,613 last month . October 2017 ASP was at the highest level
250
250
230
compared to October of 2016 and 2015 .
230
210
7,109 6,951 6,678 6,632 6,544 6,559 6,556 6,594 6,329
1,774 1,464 1,809 1,236 1,498 1,896 2,037 2,138 2,208 2,061
3 Mo Avg
5,891 5,551 5,574 5,584 5,679 5,623 5,720 5,791 5,842 5,813 5,766 5,727 5,722 5,444 5,542 5,512 5,519 5,448 5,574 5,640 5,545 5,433 5,200
4,727
2,102 1,950
6,101 5,967 5,959 5,891 5,551 5,574 5,584 5,679 5,623 5,720 5,791 5,842 5,813 5,766 5,727 1,773 1,834 1,894 1,418 1,580 2,135 1,965 2,366 2,395 2,203
5,722 5,444 5,542 5,512 5,519 5,448 5,574 5,640 5,545 5,433
3 Mo Avg
2,234 1,611
5,200 4,727
1,798
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