Loading ...
Barb Dind...
Other
Market Insights
12
0
Try Now
Log In
Pricing
<p>December 2017 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 30 7.1% 11.1% from Nov 2017: 28 from Dec 2016: 27 YTD 2017 2016 +/- 324 404 -19.8% 5-year Dec average: 26 New Pendings 24 -14.3% -11.1% from Nov 2017: 28 from Dec 2016: 27 YTD 2017 2016 +/- 334 335 -0.3% 5-year Dec average: 21 Closed Sales 20 11.1% 0.0% from Nov 2017: 18 from Dec 2016: 20 YTD 2017 2016 +/- 304 262 16.0% 5-year Dec average: 20 Median Sold Price $475,000 33.6% 22.6% from Nov 2017: $355,500 from Dec 2016: $387,500 YTD 2017 2016 +/- $438,250 $382,500 14.6% 5-year Dec average: $405,685 Summary In 33785, the median sold price for Condo/Co-op/TH properties for December was $475,000, representing an increase of 33.6% compared to last month and an increase of 22.6% from Dec 2016. The average days on market for units sold in December was 49 days, 51% below the 5-year December average of 99 days. There was a 14.3% month over month decrease in new contract activity with 24 New Pendings; a 2.9% MoM decrease in All Pendings (new contracts + contracts carried over from November) to 34; and no change in supply with 86 active units. This activity resulted in a Contract Ratio of 0.40 pendings per active listing, down from 0.41 in November and a decrease from 0.52 in December 2016. The Contract Ratio is 24% higher than the 5-year December average of 0.32. 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 86 Min 86 Max 117 5-year Dec average 86 108 Nov 2017 Dec 2016 86 117 Avg DOM 49 Min 34 Max 183 5-year Dec average 49 99 Nov 2017 Dec 2016 YTD 53 148 74 Avg Sold to OLP Ratio 96.9% Min 91.3% Max 96.9% 5-year Dec average 96.9% 94.0% Nov 2017 Dec 2016 YTD 96.6% 93.2% 96.0% Copyright 2018 MarketStats by ShowingTime. All Rights Reserved. Data Source: MFRMLS. Statistics calculated January 08, 2018. </p>
