Market Action Report March 2018
Community Information | School District Agent Name
City : Tampa
Tampa
Market Action Report March 2018
Title Market Action Report March 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 310,295 9 % 9 % Average List Price of all Current Listings $ 493,597 Trending 9 % versus 11 *: %
Trending versus *: March Median Sales Price $ 230,000 2 % 2 % 2 % 3 % $ 225,950 9 % 1 % March Average Sales Price $ 310,295 $ 310,414 10 % 4 % 9 % 7 % $ 299,417 12 % 3 %
$ 493,597 Total Properties Currently for Sale ( Inventory ) 2,148 -6% -16%
$ 230,000
$ 225,950 March Number of Properties Sold 959 38 % 2 % 2,276 -5%
$ 310,414
$ 299,417 March Average Days on Market ( Solds ) 58 0 % 4 % 0 % 12 % 57 0 % 10 % 2,148 Asking Price per Square Foot ( based on New Listings ) $ 177 4 % 3 % 9 % 8 % $ 174 7 % 6 % 959
2,276 March Sold Price per Square Foot $ 160 0 % 1 % 8 % 5 % $ 159 11 % 5 % 58
57 March Month ' s Supply of Inventory
$ 177
2.2 -31% -27% -17% -22% $ 174 3.1 -5% 7 %
March Sale Price vs List Price Ratio
$ 16095.4 % . 2 % . 2 % -. 2 % -. 1 % $ 159 95.1 % -0% -0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
2.2 3.1
95.4 % Number of 95.1 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 March Property sales were 959 , up 2.0 % from 940 in March of
Number of Properties Sold
2017 and 37.6 % higher than the 697 sales last month . March Property Sales
1,000
2018 sales were at their highest level compared to March of 1,200 March 2017 Property and 2016 sales . March were YTD 959 , sales up 2.0 of % 2,276 from are 940 running March 5.2 of %
2017 behind and last
37.6 year % higher
' s year-to-date than the 697 sales sales of last 2,402 month .
. March 800
1,000
2018 sales were at their highest level compared to March of 2017 and 2016 . March YTD sales of 2,276 are running 5.2 %
600 800 behind last year ' s year-to-date sales of 2,402 .
Prices The Median Sales Price in March was $ 230,000 , up 1.8 % from
Prices $ 226,000 in March of 2017 and up 2.2 % from $ 225,000 last The month Median . The Sales Average Price in Sales March Price was in $ March 230,000 was , up $ 310,414 1.8 % from , up
350
$ 226,000 9.1 % from in $ March 284,420 of 2017 in March and up of 2.2 2017 % from and up $ 225,000 10.0 % from last month . The Average Sales Price in March was $ 310,414 , up
330 $ 282,209 last month . March 2018 ASP was at the highest level 9.1 % from $ 284,420 in March of 2017 and up 10.0 % from 310 compared to March of 2017 and 2016 . $ 282,209 last month . March 2018 ASP was at the highest level 290 compared to March of 2017 and 2016 .
270 250 230 210 190 170 150
600
400
200
0
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 1,001 712 806 828 883 620 697 959
A
15
985 938
Agent Name
400
200
350 330 310 290 270 250 230 210 190 170 150
1,100 1,030
0 |
|
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 |
15 |
|
|
16 |
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|
|
17 |
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|
|
18 |
|
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
Median Sales Price and Average Sales Price
16
17
18
|
3 Mo Avg |
Median Sales Price and Average Sales Price
|
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 |
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 March
The was Total 2,148 Inventory , down 5.7 of % Properties from 2,278 available last month for sale and as of down March 15.7 %
3,500 was from 2,148 2,548 , down in March 5.7 % from of last 2,278 year last . March month 2018 and down Inventory 15.7 % was at
3,500
3,000 from its lowest 2,548 in level March compared of last year with . March 2018 of 2017 Inventory and 2016 was . at
3,000
2,500 its lowest level compared with March of 2017 and 2016 .
2,500
2,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
4.5
4.0
3.5
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 March 2018 MSI of 2.2
1,000 higher MSI is better for buyers . The March 2018 MSI of 2.2
1.0 months was at its lowest level compared with March of 2017 and
500 months was at its lowest level compared with March of 2017 and
500
0.5
2016 .
0
2016 .
0
0.0
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 N D J
F M
15
15
16
16
17
17
18
18
|
944 925 859
3,165 3,199 3,208 3,014 2,912 2,861 2,835 2,776 2,602 2,594 686 865 620 727 894 968 994 1,035 959 929 914 846 790
3 Mo Avg
3 Mo Avg
|
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 |
15 |
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
3,165 3,199 3,208 3,014 2,912 2,861 2,835 2,776 2,602
2,614 2,588 2,531 2,559 2,622 2,712 2,711 2,706 2,698 2,700 2,559 2,574 2,582 2,548 2,522 2,614 2,642 2,583 2,559 2,493 2,421 2,430 2,257 2,324 2,278 2,148
895 724 738
2,594 2,614 2,588 2,531 2,559 2,622 2,712 2,711 2,706 2,698 2,700 2,559 2,574 2,582 2,548 940 936 1,070 1,116 960 1,001 712 806 828 883
2,522 2,614 2,642 2,583 2,559 2,493 2,421 2,430 2,257 2,324
3 Mo Avg
620 697
2,278 2,148
959
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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