July 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
15
-34.8%
-42.3%
from Jun 2019:
23
from Jul 2018:
26
YTD
2019
2018
+/-
200
198
1.0%
5-year Jul average: 22
New Pendings
30
42.9%
50.0%
from Jun 2019:
21
from Jul 2018:
20
YTD
2019
2018
+/-
198
195
1.5%
5-year Jul average: 23
Closed Sales
20
-4.8%
-20.0%
from Jun 2019:
21
from Jul 2018:
25
YTD
2019
2018
+/-
149
173
-13.9%
5-year Jul average: 23
Median
Sold Price
$424,000
2.2%
-1.4%
from Jun 2019:
$415,000
from Jul 2018:
$430,000
YTD
2019
2018
+/-
$425,000 $437,500
-2.9%
5-year Jul average: $401,750
Summary
In 33785, the median sold price for Condo/Co-op/TH properties for
July was $424,000, representing an increase of 2.2% compared to
last month and a decrease of 1.4% from Jul 2018. The average days
on market for units sold in July was 77 days, 11% below the 5-year
July average of 87 days. There was a 42.9% month over month
increase in new contract activity with 30 New Pendings; a 15.8% MoM
increase in All Pendings (new contracts + contracts carried over from
June) to 44; and a 17.2% decrease in supply to 72 active units.
This activity resulted in a Contract Ratio of 0.61 pendings per active
listing, up from 0.44 in June and an increase from 0.40 in July 2018.
The Contract Ratio is 41% higher than the 5-year July average of
0.43. 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
72
Min
72
Max
115
5-year Jul average
72
91
Jun 2019
Jul 2018
87
78
Avg DOM
77
Min
77
Max
103
5-year Jul average
77
87
Jun 2019
Jul 2018
YTD
100
79
72
Avg Sold to
OLP Ratio
96.0%
Min
93.8%
Max
96.1%
5-year Jul average
96.0%
94.8%
Jun 2019
Jul 2018
YTD
93.4%
94.2%
94.8%
Copyright © 2019 M