<p>November 2016
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
20
-25.9%
-48.7%
from Oct 2016:
27
from Nov 2015:
39
YTD
2016
2015
+/-
377
335
12.5%
5-year Nov average: 29
New Pendings
21
-19.2%
5.0%
from Oct 2016:
26
from Nov 2015:
20
YTD
2016
2015
+/-
308
310
-0.6%
5-year Nov average: 18
Closed Sales
27
50.0%
42.1%
from Oct 2016:
18
from Nov 2015:
19
YTD
2016
2015
+/-
242
249
-2.8%
5-year Nov average: 19
Median
Sold Price
$510,000
36.9%
63.5%
from Oct 2016:
$372,500
from Nov 2015:
$312,000
YTD
2016
2015
+/-
$380,000 $306,000 24.2%
5-year Nov average: $344,400
Summary
In 33785, the median sold price for Condo/Co-op/TH properties for
November was $510,000, representing an increase of 36.9%
compared to last month and an increase of 63.5% from Nov 2015.
The average days on market for units sold in November was 82 days,
38% below the 5-year November average of 133 days. There was a
19.2% month over month decrease in new contract activity with 21
New Pendings; a 13.2% MoM decrease in All Pendings (new
contracts + contracts carried over from October) to 59; and no
change in supply with 120 active units.
This activity resulted in a Contract Ratio of 0.49 pendings per active
listing, down from 0.57 in October and an increase from 0.45 in
November 2015. The Contract Ratio is 58% higher than the 5-year
November average of 0.31. 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
120
Min
104
Max
122
5-year Nov average
120
116
Oct 2016
Nov 2015
120
104
Avg DOM
82
Min
70
Max
310
5-year Nov average
82
133
Oct 2016
Nov 2015
YTD
38
78
85
Avg Sold to
OLP Ratio
97.0%
Min
90.6%
Max
97.0%
5-year Nov average
97.0%
93.4%
Oct 2016
Nov 2015
Y