FL ARCHIVED March 2017 | Page 15

Market Action Report March 2017
Community Information | School District

City : Tampa

Price Range : All | Properties : SFH - Con

Tampa

Market Action Report March 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
$ 314,950
10 %
19 %
Average List Price of all Current Listings
$ 492,686
10 %
18 %
March Median Sales Price
$ 226,000
10 %
7 %
15 %
11 %
$ 207,000
15 %
2 %
March Average Sales Price
$ 284,718
10 %
4 %
12 %
5 %
$ 268,533
11 %
-1%
Total Properties Currently for Sale ( Inventory )
2,238
-8%
-13%
March Number of Properties Sold
936
27 %
5 %
2,396
7 %
March Average Days on Market ( Solds )
57
2 %
0 %
-12%
4 %
57
-14%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 167
1 %
3 %
11 %
11 %
$ 165
13 %
10 %
March Sold Price per Square Foot
$ 147
3 %
2 %
12 %
6 %
$ 143
13 %
3 %
March Month ' s Supply of Inventory
2.4 -28% -21% -16% -20%
3.0
-14%
1 %
March Sale Price vs List Price Ratio
95.5 %
. 4 %
-. 1 %
. 5 %
-. 2 %
95.4 %
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 March Property sales were 936 , up 4.7 % from 894 in March of 2016 and 27.0 % higher than the 737 sales last month . March Property Sales
1,000
2017 sales were at their highest level compared to March of 2016 1,200 March and 2015 Property . March sales YTD were sales 936 , of up 2,396 4.7 % are from running 894 March 7.0 % ahead of of
2016 and 27.0 % higher than the 737 sales last month . March 800 last year ' s year-to-date sales of 2,240 .
1,000 2017 sales were at their highest level compared to March of 2016 and 2015 . March YTD sales of 2,396 are running 7.0 % ahead of 600
800 last year ' s year-to-date sales of 2,240 .
Prices The Median Sales Price in March was $ 226,000 , up 15.3 % from
Prices $ 195,950 in March of 2016 and up 10.2 % from $ 205,000 last The month Median . The Sales Average Price in Sales March Price was in $ March 226,000 was , up $ 15.3 284,718 % from , up
300
$ 195,950 11.7 % from in March $ 254,829 of 2016 in March and up of 10.2 2016 % from and $ up 205,000 10.0 % from last month . The Average Sales Price in March was $ 284,718 , up
280 $ 258,919 last month . March 2017 ASP was at the highest level 11.7 % from $ 254,829 in March of 2016 and up 10.0 % from 260 compared to March of 2016 and 2015 . $ 258,919 last month . March 2017 ASP was at the highest level 240 compared to March of 2016 and 2015 .
220 200 180 160 140 120 100
600
400
200
0
400
200
Number of Properties Sold
841 817 895 930 871 821 883 664 884 613 741 902 984 937 1,099 1,030 943 925 857 686 864 620 726 894 967 994 1,035 959 928 914 845 790 895 723 737 936
A
14 300 280 260 240 220 200 180 160 140 120 100
841 817
Agent Name Title
Website Other
895 930
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
14
15
16
17
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
15
16
17
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
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 March
The was Total 2,238 Inventory , down 7.9 of Properties % from 2,431 available last month for sale and as of down March 12.5 %
4,000 was from 2,238 2,559 , down in March 7.9 % from of last 2,431 year last . March month 2017 and down Inventory 12.5 % was at
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
from its lowest 2,559 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its lowest level compared with March 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 March 2017 MSI of 2.4
1,000 higher MSI is better for buyers . The March 2017 MSI of 2.4
1,000 months was at its lowest level compared with March of 2016 and
500
1.0 months was at its lowest level compared with March of 2016 and
500
2015 .
0
2015 .
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
14
14
15
15
16
16
17
17
871 821 883 664 884 613
3,673 3,692 3,736 3,758 3,777 3,629 3,608 3,494 3,392 3,296 3,228 3,180 3,151
741
Number of Properties Sold
902 984 937 1,099 1,030 943 925
3,183 3,193 2,996 2,891 2,842 2,815 2,757 2,582 2,571 857 686 864 620 726 894 967 994 1,035 959 928
3 Mo Avg
914 845
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
14
15
16
17
3,673 3,692 3,736 3,758 3,777 3,629 3,608 3,494 3,392 3,296 3,228 3,180 3,151 3,183 3,193 2,996 2,891 2,842 2,815 2,757 2,582 2,571 2,589 2,559
2,589 2,559 2,503 2,529 2,590 2,678 2,676 2,664 2,649 2,638 2,488 2,483 2,431 2,238 790 895
2,503 2,529 2,590 2,678 2,676 2,664 2,649 2,638 2,488 2,483
3 Mo Avg
723 737
2,431 2,238
936
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 .