FL ARCHIVED January 2018 | Page 11

Market Action Report January 2018
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report January 2018

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
$ 250,000
9 %
9 %
Average List Price of all Current Listings
$ 312,426
8 %
14 %
January Median Sales Price
$ 197,750
-5%
-6%
10 %
-4%
$ 197,750
10 %
-4%
January Average Sales Price
$ 204,899
-14% -12% -4%
-11%
$ 204,899
-4%
-11%
Total Properties Currently for Sale ( Inventory )
151 -18%
-28%
January Number of Properties Sold
68 -28%
-9%
68
-9%
January Average Days on Market ( Solds )
58
14 %
9 %
16 %
35 %
58
16 %
35 %
Asking Price per Square Foot ( based on New Listings )
$ 124
-6%
-2%
8 %
2 %
$ 124
8 %
2 %
January Sold Price per Square Foot
$ 114
-8%
-5%
5 %
-3%
$ 114
5 %
-3%
January Month ' s Supply of Inventory
2.2
14 %
10 % -21%
5 %
2.2
-21%
5 %
January Sale Price vs List Price Ratio
96.8 %
. 3 %
. 5 %
. 0 %
-. 1 %
96.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
160
January Property sales were 68 , down 9.3 % from 75 in January of 2017 and 28.4 % lower than the 95 sales last month . January
140
Number of Properties Sold
3 Mo Avg
Property
2018 sales Sales were at a mid level compared to January of 2017 and
160
January
2016 . January Property YTD sales sales were of 68 68 , down are running 9.3 % from 9.375 % in behind January last of 2017 and 28.4 % lower than the 95 sales last month . January
140 year ' s year-to-date sales of 75 .
120
100
2018 sales were at a mid level compared to January of 2017 and
2016 . January YTD sales of 68 are running 9.3 % behind last
120
80
year ' s year-to-date sales of 75 .
100
60
80
40
60
20
40
0
20
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 197,750 , up 9.9 % from
Prices
$ 180,000 in January of 2017 and down 5.4 % from $ 209,000
The last Median month Sales . The Price Average in January Sales Price was $ in 197,750 January , up was 9.9 % $ 204,899 from ,
250
$ down 180,000 4.4 in % January from $ 214,355 of 2017 in and January down 5.4 of % 2017 from and $ 209,000 down 13.6 % last month . The Average Sales Price in January was $ 204,899 ,
240 from $ 237,089 last month . January 2018 ASP was at a mid down 4.4 % from $ 214,355 in January of 2017 and down 13.6 %
230 range compared to January of 2017 and 2016 . from $ 237,089 last month . January 2018 ASP was at a mid
220 range compared to January of 2017 and 2016 .
210
200
190
180
170
F
M A M J
15
250
240
230
220
210
200
190
180
170
160
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
Median Sales Price and Average Sales Price
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
160
150
150
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
91 105 105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 110 98 87 110 93 75 94 111 103 115 139 120 105 86 91 104 95 68
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
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
The
January Total Inventory was 151 , down of Properties 18.4 % from available 185 last for sale month as of and down
January
28.4 % from was 151 211 , down in January 18.4 % from of last 185 year last . January month and 2018 down Inventory
350
350
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.0
28.4 was % at from its lowest 211 in January level compared of last year with . January 2018 of 2017 Inventory and 2016
300 . was at its lowest level compared with January of 2017 and 2016 .
250
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
January for sellers
2018 MSI while of a
2.2100 higher MSI is better for buyers . The January 2018 MSI of 2.2 months was at its lowest level compared with January of 2017 months was at its lowest level compared with January of 2017
50 and 2016 . and 2016 .
0
3.5
250
3.0
200
2.5
150
2.0
100
1.5
1.0
50
0.5
0
0.0
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 D J
15
15
16
16
17
17
18
18
291 290
91
15
316 291 105 290 293
105 316 282
Title
Website Other
80 293 301
110 282
274 271
126 301
99 90 91 82 101 65
16
89 106 99 113 98 98 110
276 274
265
271 267
276 244
265 226
267 229
244
216 224
226
217 229
232 216
232 224
235 217
230 232
223 232
211 235
211 230
203 223
200 211 205
211 222 203 234 200 230 205 246 222
226
234 202 198
230
185 246 226
98 87 110 93 75
17
94 111 103 115 139 120 105 151
86 202
91 198
104
185 95
151 68
18
4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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