FL ARCHIVED February 2018 | Page 28

Market Action Report February 2018
Community Information | School District Agent Name

City : Tampa

Tampa

Market Action Report February 2018
Title Market Action Report February 2018 Phone

Community Information | School District Agent Name

City : Tampa

Website
Price Range : All | Properties : SFH - Con
Title Other
Phone Trending versus *: Trending versus *: Market Profile & Trends Overview Website Month LM L3M PYM LY YTD Prior YTD Prior Year
Price
Median
Range : All
List
| Properties
Price
: SFH
of
- Con
all Current Listings $ Other 289,900 4 % 5 % Average List Price of all Current Listings $ 467,880 Trending 6 % versus 10 *: %
Trending versus *: February Median Sales Price $ 225,000 4 % 0 % 10 % 1 % $ 220,000 13 % -1% February Average Sales Price $ 289,900 $ 282,111 -7% -4% 9 % -3% $ 291,364 13 % 0 %
$ 467,880 Total Properties Currently for Sale ( Inventory ) 2,155 -6% -16%
$ 225,000
$ 220,000 February Number of Properties Sold 696 12 % -6% 1,316 -10%
$ 282,111
$ 291,364 February Average Days on Market ( Solds ) 58 5 % 5 % 4 % 12 % 57 0 % 10 % 2,155 Asking Price per Square Foot ( based on New Listings ) $ 173 -1% 2 % 5 % 5 % $ 173 7 % 5 % 696
1,316 February Sold Price per Square Foot $ 159 1 % 1 % 11 % 5 % $ 158 13 % 4 % 58
57 February Month ' s Supply of Inventory
$ 173
3.1 -16% -0% -11% 8 % $ 173
3.4 -4% 18 %
February Sale Price vs List Price Ratio
$ 15995.2 % . 7 % . 1 % . 1 % -. 3 % $ 158 94.9 % -0% -1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
3.1 3.4
95.2 % Number of 94.9 Properties % Sold
* LM Property = Last Month / L3M Sales = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
1,200 February Property sales were 696 , down 5.7 % from 738 in
Number of Properties Sold
February of 2017 and 12.3 % higher than the 620 sales last Property Sales
1,000 month . February 2018 sales were at their lowest level compared 1,200 February to February Property of 2017 sales and were 2016 696 . , February down 5.7 % YTD from sales 738 of in 1,316 are
February of 2017 and 12.3 % higher than the 620 sales last
800 running 10.0 % behind last year ' s year-to-date sales of 1,462 . 1,000 month . February 2018 sales were at their lowest level compared to February of 2017 and 2016 . February YTD sales of 1,316 are 600
800 running 10.0 % behind last year ' s year-to-date sales of 1,462 .
Prices The Median Sales Price in February was $ 225,000 , up 9.8 %
Prices from $ 205,000 in February of 2017 and up 3.8 % from $ 216,750
The last Median month Sales . The Price Average in February Sales Price was in $ 225,000 February , up was 9.8 $ % 282,111 350
, from up 9.0 $ 205,000 % from in $ 258,821 February in of February 2017 and of up 2017 3.8 % and from down $ 216,750 6.5 % last month . The Average Sales Price in February was $ 282,111 ,
330 from $ 301,751 last month . February 2018 ASP was at the up 9.0 % from $ 258,821 in February of 2017 and down 6.5 % 310 highest level compared to February of 2017 and 2016 . from $ 301,751 last month . February 2018 ASP was at the 290 highest level compared to February of 2017 and 2016 .
270 250 230 210 190 170 150
600
400
200
0
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 1,001 712 806 828 883 620 696
M
15
902 985
Agent Name
400
200
350 330 310 290 270 250 230 210 190 170 150
938 1,100
0
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
15
16
17
18
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
Median Sales Price and Average Sales Price
16
17
18
3 Mo Avg
Median Sales Price and Average Sales Price
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
15
16
17
18
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
February Total Inventory was 2,155 of , Properties down 5.8 % available from 2,288 for sale last as month of and
3,500
February down 16.5 was % 2,155 from , 2,580 down 5.8 in % February from 2,288 of last year month . February and 2018
3,500
3,000
4.5 down
Inventory 16.5 % from was at 2,580 its lowest in February level compared of last year with . February 2018 of
3,000
4.0
2,500
Inventory was at its lowest level compared with February of
3.5
2017 and 2016 .
2,500
2017 and 2016 .
2,000
3.0
2,000
2.5
1,500
1,500
2.0
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
1,000
1.5 higher MSI is better for buyers . The February 2018 MSI of
3.11,000 higher MSI is better for buyers . The February 2018 MSI of 3.1
1.0 months was at its lowest level compared with February of 2017
500 months was at its lowest level compared with February of 2017
500
0.5 and 2016 .
0 and 2016 .
0
0.0
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 D J
F
15
15
16
16
17
17
18
18
1,030 944 925
3,195 3,165 3,199 3,208 3,014 2,912 2,861 2,835 2,776 2,602 859 686 865 620 727 894 968 994 1,035 959 929 914 846
3 Mo Avg
3 Mo Avg
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
15
16
17
18
3,195 3,165 3,199 3,208 3,014 2,912 2,861 2,835 2,776
2,594 2,614 2,588 2,531 2,559 2,622 2,712 2,711 2,705 2,697 2,699 2,558 2,573 2,580 2,545 2,518 2,610 2,637 2,578 2,552 2,484 2,409 2,414 2,240 2,288 2,155
790 895 724
2,602 2,594 2,614 2,588 2,531 2,559 2,622 2,712 2,711 2,705 2,697 2,699 2,558 2,573 2,580 738 940 936 1,070 1,116 960 1,001 712 806 828
2,545 2,518 2,610 2,637 2,578 2,552 2,484 2,409 2,414 2,240
3 Mo Avg
883 620
2,288 2,155
696
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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