June 2019
33785 - Condo/Co-op/TH
Presented by
BARB ULRICH
KELLER WILLIAMS GULFSIDE RLTY
Email: barb@barbulrichrealty.com
Work Phone: 727-251-1954
Mobile Phone: 727-251-1954
New Listings
23
-11.5%
21.1%
from May 2019:
26
from Jun 2018:
19
YTD
2019
2018
+/-
185
172
7.6%
5-year Jun average: 24
New Pendings
21
-22.2%
-4.5%
from May 2019:
27
from Jun 2018:
22
YTD
2019
2018
+/-
168
175
-4.0%
5-year Jun average: 28
Closed Sales
21
-19.2%
0.0%
from May 2019:
26
from Jun 2018:
21
YTD
2019
2018
+/-
129
148
-12.8%
5-year Jun average: 27
Median
Sold Price
$415,000
-8.0%
7.2%
from May 2019:
$451,000
from Jun 2018:
$387,000
YTD
2019
2018
+/-
$425,000 $446,500
-4.8%
5-year Jun average: $388,409
Summary
In 33785, the median sold price for Condo/Co-op/TH properties for
June was $415,000, representing a decrease of 8% compared to last
month and an increase of 7.2% from Jun 2018. The average days on
market for units sold in June was 100 days, 2% below the 5-year
June average of 102 days. There was a 22.2% month over month
decrease in new contract activity with 21 New Pendings; a 2.6% MoM
decrease in All Pendings (new contracts + contracts carried over from
May) to 38; and a 5.4% decrease in supply to 87 active units.
This activity resulted in a Contract Ratio of 0.44 pendings per active
listing, up from 0.42 in May and a decrease from 0.51 in June 2018.
The Contract Ratio is 6% lower than the 5-year June average of 0.47.
A higher Contract Ratio signifies a relative increase in contract activity
compared to supply, and indicates the market is moving in the seller's
favor. A lower Contract Ratio signifies a relative decrease in contract
activity compared to supply, and indicates the market is moving in the
buyer's favor.
Active Listings
87
Min
75
Max
113
5-year Jun average
87
93
May 2019
Jun 2018
92
75
Avg DOM
100
Min
78
Max
123
5-year Jun average
100
102
May 2019
Jun 2018
YTD
52
118
72
Avg Sold to
OLP Ratio
93.4%
Min
92.2%
Max
95.9%
5-year Jun average
93.4%
93.7%
May 2019
Jun 2018
YTD
95.0%
92.2%
94.6%
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