FL ARCHIVED January 2018 | Page 15

Market Action Report January 2018
Community Information | School District

City : Tampa

Price Range : All | Properties : SFH - Con

Tampa

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
$ 285,000
3 %
8 %
Average List Price of all Current Listings
$ 452,653
3 %
11 %
January Median Sales Price
$ 216,750
-2%
-1%
16 %
-3%
$ 216,750
16 %
-3%
January Average Sales Price
$ 301,751
2 %
3 %
17 %
4 %
$ 301,751
17 %
4 %
Total Properties Currently for Sale ( Inventory )
2,194
-1%
-15%
January Number of Properties Sold
620 -30%
-14%
620
-14%
January Average Days on Market ( Solds )
55
6 %
2 %
-5%
6 %
55
-5%
6 %
Asking Price per Square Foot ( based on New Listings )
$ 175
7 %
4 %
9 %
7 %
$ 175
9 %
7 %
January Sold Price per Square Foot
$ 157
1 %
1 %
15 %
3 %
$ 157
15 %
3 %
January Month ' s Supply of Inventory
3.5
41 %
19 %
-0%
24 %
3.5
-0%
24 %
January Sale Price vs List Price Ratio
94.5 %
-. 9 % -. 6 % -1.0% -1.0%
94.5 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1,200
January Property sales were 620 , down 14.4 % from 724 in
January of 2017 and 29.8 % lower than the 883 sales last month .
Property Sales
1,000
January 2018 sales were at their lowest level compared to
1,200
January
January Property of 2017 sales and were 2016 . 620 January , down YTD 14.4 % sales from of 724 620 in are
January running of 14.4 2017 % and behind
29.8 % last lower year than ' s year-to-date the 883 sales sales last of month 724 .
.
January 2018 sales were at their lowest level compared to
1,000
800
January of 2017 and 2016 . January YTD sales of 620 are running 14.4 % behind last year ' s year-to-date sales of 724 .
800
600
Prices The Median Sales Price in January was $ 216,750 , up 15.6 % from
Prices $ 187,500 in January of 2017 and down 2.4 % from $ 222,000 The last Median month Sales . The Price Average in January Sales Price was $ in 216,750 January , up was 15.6 $ % 301,751 from ,
350 $ 187,500 up 17.4 % in from January $ 257,077 of 2017 in and January down of 2.42017 % from and $ 222,000 up 2.3 % from last month . The Average Sales Price in January was $ 301,751 ,
330
$ 294,959 last month . January 2018 ASP was at the highest up 17.4 % from $ 257,077 in January of 2017 and up 2.3 % from 310 level compared to January of 2017 and 2016 . $ 294,959 last month . January 2018 ASP was at the highest 290 level compared to January of 2017 and 2016 .
270 250 230 210 190 170 150
600
400
200
0
400
200
Number of Properties Sold
741 902 985 938 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
F
15 350 330 310 290 270 250 230 210 190 170 150
741 902
Agent Name Title
Website Other
985 938
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 15
16 17
18
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
Median Sales Price and Average Sales Price
16 17
18 3 Mo Avg
Median Sales Price and Average Sales Price
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 2,194 of , down Properties 0.9 % available from 2,214 for last sale month as of and down
3,500
January
14.7 % from was 2,194 2,572 , down in January 0.9 % from of last 2,214 year last . January month and 2018 down
3,500
3,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
5.0
14.7
Inventory % from 2,572 was at in its January lowest of level last compared year . January with 2018 January of 2017
3,000
2,500
4.0
Inventory and 2016 was . at its lowest level compared with January of 2017
2,500 and 2016 .
2,000
2,000
3.0
1,500
A comparatively lower MSI is more beneficial for sellers while
1,500 a
2.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The January 2018 MSI of
3.51,000 higher MSI is better for buyers . The January 2018 MSI of 3.5 months was at its lowest level compared with January of 2017
500
1.0 months was at its lowest level compared with January of 2017
500 and 2016 .
0 and 2016 .
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
1,100 1,030 944
3,244 3,194 3,164 3,198 3,207 3,013 2,911 2,860 2,834 2,775 925 859 686 865
Number of Properties Sold
620 727 894 968 994 1,035 959 929 914
3 Mo Avg
3 Mo Avg
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
3,244 3,194 3,164 3,198 3,207 3,013 2,911 2,860 2,834
2,601 2,593 2,613 2,587 2,530 2,558 2,621 2,711 2,710 2,704 2,696 2,698 2,557 2,572 2,579 2,544 2,514 2,604 2,631 2,572 2,545 2,475 2,399 2,397 2,214 2,194
846 790 895
2,775 2,601 2,593 2,613 2,587 2,530 2,558 2,621 2,711 2,710 2,704 2,696 2,698 2,557 2,572 724 738 940 936 1,070 1,116 960 1,001 712 806
2,579 2,544 2,514 2,604 2,631 2,572 2,545 2,475 2,399 2,397
3 Mo Avg
828 883
2,214 2,194
620
5.0 4.0
3.0 2.0 1.0 0.0
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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 .