FL ARCHIVED February 2017 | Page 15

Market Action Report February 2017
Community Information | School District

City : Tampa

Price Range : All | Properties : SFH - Con

Tampa

Market Action Report February 2017
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
$ 300,000
8 %
20 %
Average List Price of all Current Listings
$ 472,573
10 %
18 %
February Median Sales Price
$ 205,000
9 %
0 %
12 %
1 %
$ 195,000
12 %
-4%
February Average Sales Price
$ 259,001
1 %
-6%
9 %
-5%
$ 258,196
11 %
-5%
Total Properties Currently for Sale ( Inventory )
2,229
-8%
-14%
February Number of Properties Sold
734
2 %
1 %
1,457
8 %
February Average Days on Market ( Solds )
56
-3%
-2% -15%
2 %
57
-14%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 168
3 %
6 %
17 %
11 %
$ 165
15 %
9 %
February Sold Price per Square Foot
$ 144
5 %
-1%
16 %
3 %
$ 140
13 %
1 %
February Month ' s Supply of Inventory
3.0
-9%
-0% -15%
2 %
3.2
-17%
7 %
February Sale Price vs List Price Ratio
95.1 %
-. 3 % -. 5 %
. 6 %
-. 6 %
95.3 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,200 February Property sales were 734 , up 1.1 % from 726 in February of 2016 and 1.5 % higher than the 723 sales last month . Property Sales
1,000
February 2017 sales were at a mid level compared to February 1,200 of February 2016 and Property 2015 . February sales were YTD 734 , sales up 1.1 of % 1,457 from 726 are in running February 8.2 %
of 2016 and 1.5 % higher than the 723 sales last month . 800 ahead of last year ' s year-to-date sales of 1,346 .
1,000 February 2017 sales were at a mid level compared to February of 2016 and 2015 . February YTD sales of 1,457 are running 8.2 % 600
800 ahead of last year ' s year-to-date sales of 1,346 .
Prices The Median Sales Price in February was $ 205,000 , up 12.5 %
Prices from $ 182,250 in February of 2016 and up 9.0 % from The $ 188,000 Median Sales last month Price in . The February Average was Sales $ 205,000 Price , in up February 12.5 % was
300 from $ 259,001 $ 182,250 , up in 8.6 February % from of $ 238,557 2016 and in up February 9.0 % from of 2016 and up $ 188,000 last month . The Average Sales Price in February was
280 0.6 % from $ 257,379 last month . February 2017 ASP was at the $ 259,001 , up 8.6 % from $ 238,557 in February of 2016 and up 260 highest level compared to February of 2016 and 2015 . 0.6 % from $ 257,379 last month . February 2017 ASP was at the 240 highest level compared to February of 2016 and 2015 .
220 200 180 160 140 120 100
600
400
200
0
400
200
Number of Properties Sold
766 841 817 895 930 871 821 883 664 884 613 741 902 984 937 1,099 1,030 942 925 857 686 864 620 726 894 967 994 1,035 959 928 913 844 790 896 723 734
M
14 300 280 260 240 220 200 180 160 140 120 100
766 841
Agent Name Title
Website Other
817 895
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
14
15
16
17
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
15
16
17
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
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
The
February Total Inventory was 2,229 of , Properties down 7.7 % available from 2,416 for sale last as month of and
4,000
February down 13.7 was % 2,229 from , 2,583 down in 7.7 February % from 2,416 of last year month . February and 2017
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
down
Inventory 13.7 % from was at 2,583 its lowest in February level compared of last year with . February 2017 of Inventory
2016 and was 2015 at . its lowest level compared with February of
2016 and 2015 .
3,5003,000
3,000
2,500
2,500
2,000
5.0
4.0
2,000
3.0
1,500
A comparatively lower MSI is more beneficial for sellers while
1,500 a
A comparatively lower MSI is more beneficial for sellers while a
2.0 higher MSI is better for buyers . The February 2017 MSI of 3.0
1,000 higher MSI is better for buyers . The February 2017 MSI of 3.0
1,000 months was at its lowest level compared with February of 2016
500
1.0 months was at its lowest level compared with February of 2016
500 and 2015 .
0 and 2015 .
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
14
14
15
15
16
16
17
17
930 871 821 883 664 884 613
3,649 3,672 3,691 3,735 3,757 3,776 3,628 3,607 3,493 3,391 3,295 3,227 3,178 3,149
Number of Properties Sold
741 902 984 937 1,099 1,030 942 925
3,181 3,191 2,994 2,888 2,839 2,811 2,753 2,577 2,566 857 686 864 620 726 894 967 994 1,035 959
3 Mo Avg
928 913
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
14
15
16
17
3,649 3,672 3,691 3,735 3,757 3,776 3,628 3,607 3,493 3,391 3,295 3,227 3,178 3,149 3,181 3,191 2,994 2,888 2,839 2,811 2,753 2,577 2,566 2,583
2,583 2,553 2,497 2,520 2,579 2,665 2,661 2,645 2,628 2,611 2,455 2,416 2,229 844 790
2,553 2,497 2,520 2,579 2,665 2,661 2,645 2,628 2,611 2,455
3 Mo Avg
896 723
2,416 2,229
734
6.0 5.0
4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con c o l d w e l l b a n k e r h o m e s . c o m | 15
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 .