FL ARCHIVED February 2017 | Page 9

Market Action Report February 2017
Phone Community Information | School District

County : Hillsborough

Price Range : All | Properties : SFH - Con

Hillsborough Agent Name County

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
$ 284,900
6 %
15 %
Average List Price of all Current Listings
$ 413,156
8 %
17 %
February Median Sales Price
$ 217,175
7 %
1 %
14 %
3 %
$ 210,000
11 %
0 %
February Average Sales Price
$ 253,348
1 %
-4%
10 %
-1%
$ 251,986
11 %
-1%
Total Properties Currently for Sale ( Inventory )
4,890
-7%
-12%
February Number of Properties Sold
1,572
11 %
5 %
2,989
9 %
February Average Days on Market ( Solds )
59
7 %
4 %
-16%
4 %
57
-16%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 148
4 %
5 %
15 %
10 %
$ 145
12 %
8 %
February Sold Price per Square Foot
$ 128
2 %
-1%
12 %
3 %
$ 127
11 %
2 %
February Month ' s Supply of Inventory
3.1 -16% -3% -16%
2 %
3.4
-17%
12 %
February Sale Price vs List Price Ratio
95.9 %
. 3 %
-. 1 % 1.3 %
-. 1 %
95.7 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 February Property sales were 1,572 , up 5.0 % from 1,497 in Property February of Sales 2016 and 10.9 % higher than the 1,417 sales last
2,500 February month . Property February sales 2017 were sales 1,572 were , up at 5.0 their % from highest 1,497 level
2,000 in February compared of 2016 to February and 10.9 of % 2016 higher and than 2015 the . 1,417 February sales YTD last sales of month 2,989 . are February running 2017 9.4 sales % ahead were of at last their year highest ' s year-to-date level sales of 2,000
1,500 compared 2,732 . to February of 2016 and 2015 . February YTD sales of 2,989 are running 9.4 % ahead of last year ' s year-to-date sales of
1,500 2,732 .
1,000 1,000
500
1,506 1,630
Title
Website Other
1,690 1,830
Number of Properties Sold
500
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
14
15
16
17
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
Prices
The Median Sales Price in February was $ 217,175 , up 13.7 %
Prices
The from Median
$ 191,000 Sales
in Price
February in February
of 2016 was
and $ 217,175
up 7.0 , up
% from 13.7 % from
$ 203,000 $ 191,000 last in month February . The of 2016 Average and Sales up 7.0 Price % from in February was
290
$
$ 203,000 253,348 last , up month 10.4 %. from The Average $ 229,517 Sales in February Price in February of 2016 was and up
$
1.1 253,348 % from , up $ 250,474 10.4 % from last $ month 229,517 . in February February 2017 of 2016 ASP and was up at the
270
14
290
270
250
Median
15 Sales Price and Average
16 Sales Price
Median Sales Price and Average Sales Price
17
3 Mo Avg
3 Mo Avg
1.1 highest % from level $ 250,474 compared last month to February . February of 2016 2017 and ASP 2015 was at . the highest level compared to February of 2016 and 2015 .
250
230
230
210
210
190
190
170
170
150
150
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
14 M J
14
J
A S O N D
J
F M15A M J
15
J
A S O N D
J
F M
16 A M J
16
J
A S O N D
J
F
17
17
1,506 1,630 1,690 1,830 1,777 1,736 1,667 1,699 1,472 1,809 1,179 1,504 1,890 1,963 1,907 2,255 2,114 1,963 1,833 1,774 1,463 1,809 1,235 1,497 1,896 2,037 2,137 2,208 2,061 2,102 1,947 1,771 1,834 1,895 1,417 1,572
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
February was 4,890 , down 7.2 % from 5,267 last month and
8,000
February was 4,890 , down 7.2 % from 5,267 last month and
8,000 down 11.9 % from 5,549 in February of last year . February 2017
7,000 down 11.9 % from 5,549 in February of last year . February 2017
7,000
Inventory
Inventory was
was at at its
its lowest
lowest level
level compared
compared with
with February
February of of
6,000
6,000
2016
2016 and and 2015 2015 . .
5,000
5,000
4,000
4,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
3.0
3,000
3,000
A
A comparatively lower lower MSI MSI is more is more beneficial beneficial for sellers for sellers while while a a higher MSI MSI is is better better for for buyers buyers . The . The February February 2017 2017 MSI MSI of 3.1 of
3.12,000
2,000 months was was at at its its lowest level level compared with with February February of 2016 of
20161,0001,000
2.0
1.0
and 2015 . .
0
0
0.0
M
A
M AJ
MJ AJ
SJ OA NS DO JNFDM JA FM MJ
AJ MA JS
OJ AN DS OJ
NF MD AJ
MF JM JA AM S J OJNAD
SJ
OF N D J
F
14
14
15
15
16
16
17
17
1,777 1,736 1,667 1,699 1,472
7,376 7,388 7,488 7,561 7,557 7,558 7,393 7,272 7,098
7,376 7,388 7,488 7,561 7,557 7,558 7,393 7,272 7,098 6,940 6,667 6,620 1,809 1,179
Number of Properties Sold
1,504 1,890 1,963 1,907 2,255
6,940 6,667 6,620 6,531 6,546 6,542 6,577 6,311
6,531 6,546 6,542 6,577 6,311 6,081 5,947 5,937 2,114 1,963 1,833 1,774 1,463
5,867 5,525 5,546 5,549 5,638 1,809 1,235
6,081 5,947 5,937 5,867 5,525 5,546 5,549 1,497 1,896 2,037 2,137 2,208 2,061
3 Mo Avg
2,102 1,947
5,580 5,669 5,736 5,780 5,742 5,682 5,626 5,583 5,275 5,267 4,890
1,771
5,638 5,580 5,669 5,736 5,780 5,742 5,682 5,626 5,583
1,834 5,275
3 Mo Avg
1,895 1,417
5,267 4,890
1,572
6.0 5.0 4.0
3.0 2.0 1.0 0.0
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