<p>April 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
29
-3.3%
-19.4%
from Mar 2017:
30
from Apr 2016:
36
YTD
2017
2016
+/-
118
143
-17.5%
5-year Apr average: 31
New Pendings
29
-25.6%
-12.1%
from Mar 2017:
39
from Apr 2016:
33
YTD
2017
2016
+/-
130
105
23.8%
5-year Apr average: 30
Closed Sales
38
-19.1%
137.5%
from Mar 2017:
47
from Apr 2016:
16
YTD
2017
2016
+/-
127
66
92.4%
5-year Apr average: 26
Median
Sold Price
$445,000
-10.1%
1.5%
from Mar 2017:
$495,000
from Apr 2016:
$438,500
YTD
2017
2016
+/-
$470,000 $369,975 27.0%
5-year Apr average: $342,700
Summary
In 33785, the median sold price for Condo/Co-op/TH properties for
April was $445,000, representing a decrease of 10.1% compared to
last month and an increase of 1.5% from Apr 2016. The average days
on market for units sold in April was 64 days, 27% below the 5-year
April average of 88 days. There was a 25.6% month over month
decrease in new contract activity with 29 New Pendings; a 28.6%
MoM decrease in All Pendings (new contracts + contracts carried
over from March) to 40; and a 5% increase in supply to 106 active
units.
This activity resulted in a Contract Ratio of 0.38 pendings per active
listing, down from 0.55 in March and a decrease from 0.47 in April
2016. The Contract Ratio is the same as the 5-year April average of
0.38. 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
106
Min
99
Max
132
5-year Apr average
106
116
Mar 2017
Apr 2016
101
132
Avg DOM
64
Min
61
Max
138
5-year Apr average
64
88
Mar 2017
Apr 2016
YTD
76
61
73
Avg Sold to
OLP Ratio
96.5%
Min
90.0%
Max
96.5%
5-year Apr average
96.5%
93.6%
Mar 2017
Apr 2016
YTD
98.5%
95.0%
96.6%
Cop