Tampa Community Information | School District
Tampa Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for February was 56 , down 3.4 % from 58 days last month and down 15.2 % from 66 days in February of last year . The February 2017 DOM was at its lowest level compared with February of 2016 and 2015 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The February 2017 Selling Price per Square Foot of $ 144 was up 5.0 % from $ 137 last month and up 15.6 % from 124 in February of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The February 2017 Selling Price vs Original List Price of 95.1 % was down from 95.4 % last month and up from 94.5 % in February of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in February 2017 was 1,137 , down 1.2 % from 1,151 last month and down 3.3 % from 1,176 in February of last year .
Days On Market for Sold Properties
90 |
80 |
75 |
70 |
66 |
60 |
56 |
50 |
40 |
30 |
20 |
10 |
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 |
|
Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 %
110
|
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 |
|
124
Selling Price versus Listing Price Ratio
92.3 %
89 % |
|
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 / New Listings / Sales |
4,000 3,500 3,000 2,500 2,000 1,500 1,000
500
0
3,649 3,672 3,691 3,735 3,757 3,776
Avg Selling Price divided by Avg Listing Price for sold properties during the month
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
94.5 %
2,583 2,553 2,497 2,520 2,579 2,665 2,661 2,645 2,628
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 |
14 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
2,611 2,455 2,416
144
95.1 %
2,229
16 | c o l d w e l l b a n k e r h o m e s . c o m