FL ARCHIVED April 2017 | Page 35

Market Action Report April 2017
Community Information | School District
Market Action Report April 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
$ 369,450
5 %
15 %
Average List Price of all Current Listings
$ 526,329
6 %
15 %
April Median Sales Price
$ 225,000
-2%
-1%
30 %
7 %
$ 226,250
13 %
8 %
April Average Sales Price
$ 248,765
-3%
-2%
8 %
0 %
$ 254,928
11 %
2 %
Total Properties Currently for Sale ( Inventory )
256
-7%
-11%
April Number of Properties Sold
75 -26%
21 %
298
8 %
April Average Days on Market ( Solds )
68 -16% -15% -31%
-6%
80
-2%
11 %
Asking Price per Square Foot ( based on New Listings )
$ 157
6 %
3 %
15 %
12 %
$ 152
11 %
9 %
April Sold Price per Square Foot
$ 134
-3%
1 %
18 %
8 %
$ 133
16 %
7 %
April Month ' s Supply of Inventory
3.4
26 %
1 %
-27% -14%
3.7
-20%
-7%
April Sale Price vs List Price Ratio
95.2 %
. 8 %
1.4 % 3.6 % 1.4 %
93.9 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120 April Property sales were 75 , up 21.0 % from 62 in April of 2016 and 26.5 % lower than the 102 sales last month . April 2017 sales Property Sales
100 were at a mid level compared to April of 2016 and 2015 . April 120 April Property sales were 75 , up 21.0 from 62 in April of 2016 YTD sales of 298 are running 8.0 % ahead of last year ' s year-todate sales of 276 .
100
and 26.5 % lower than the 102 sales last month . April 2017 sales 80 were at a mid level compared to April of 2016 and 2015 . April YTD sales of 298 are running 8.0 % ahead of last year ' s year-todate sales of 276
80 60 .

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
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 225,000 , up 29.7 % from
Prices
$ 173,500 in April of 2016 and down 2.2 % from $ 229,950 last
The month Median . The Sales Average Price Sales in April Price was in $ 225,000 April was , up $ 248,765 29.7 % from , up 8.4 %
$ from 173,500 $ 229,430 in April in of 2016 April of and 2016 down and 2.2 down % from 2.7 $ % 229,950 from $ last
255,742290 month last month
. The . Average April 2017
Sales ASP Price was in April at the was highest
$ 248,765 level
, compared
up 8.4 % from $ 229,430 in April of 2016 and down 2.7 % from $ 255,742
270 to
April of 2016 and 2015 . last month . April 2017 ASP was at the highest level compared to
250
M
J
14
290
270
250
230
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
15
Median Sales Price and
16 Average Sales Price
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
April of 2016 and 2015 .
230
210
210
190
190
170
170
150
150
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
14J
A S O N D
J
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
A17
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 April
The was Total 256 , Inventory down 7.2 of % Properties from 276 last available month for and sale down as of 11.4 April % from was 256 , down 7.2 % from 276 last month and down 11.4 % from
450
289 in April of last year . April 2017 Inventory was at its lowest
289 in April of last year . April 2017 Inventory was at its lowest
400 level compared with April of 2016 and 2015 . level compared with April of 2016 and 2015 .
350
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 April 2017 MSI of 3.4 higher MSI is better for buyers . The April 2017 MSI of 3.4
100 months was at its lowest level compared with April of 2016 and months was at its lowest level compared with April of 2016 and
50
2015
2015 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
9.0
350
8.0
300
7.0
250
6.0
5.0
200
4.0
150
3.0
100
2.0
50
1.0
0
0.0
M
J
MJ
AJ
SJ
OA NS DO JN FD MJ
AF MJ A
JMA JS JO AN SD OJ
NF MD AJ
MF MJ JA AM SJ
OJ
NA DS JOFNM DA
J
F M A
14
14
15
15
16
16
17
17
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
69 66 69 72 57 52 74 73 49 57 92 87 78 92 92 77 78 66 47 76 55 68 91 62 90 103 75 68 65 66 65 76 57 64 102 75
395
69 66 69 72 57 52 74 73 49 57
407
392 395
395 407
390 392
407 395
392 390
400 407
408 392 402
400 396
408 382
402 383
396 92 349
87
382 336
383
78 92 92 77 78 66 47 76
338
349 325 311
336
299 338
310 325
318 311
304 299
313 310
289 318 55 68 91 62 90 103 75 68 65 66 65 76
290 304
281 313
273 289
261 290
268 281 269
273 280 261
260 268
264 269
256
280 276 260
256 264
57 256
64
276 102
256
75
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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