Homes with Ivan Periodical-compressed

HILLSBOROUGH
COUNTY

3RD QUARTER
MARKET REPORT

KELLER WIL LIAMS SOU TH TA MPA

HI HOMES
WITH
I VA N ñSEHABLA ESPANOL

3Q
H I 18

HOMES WITH IVAN

Table of Contents

m. Methodology
1-2 Hillsborough County
3-4 South Tampa
5 -6 Westchase / Town n Country
7-8 Citrus Park / Carrollwood
9-10 New Tampa
11-12 Seminole Heights
13-14 Brandon
15-16 Riverview
17-18 Gibsonton / Apollo Beach

HomesWithIvan.kw.com/
[email protected]
954 . 257 . 9195

Hillsborough
Market
Overview

7008 $284,449

3Q SALES AVERAGE
PRICE
41
$235,945
AVERAGE DAYS
ON MARKET MEDIAN PRICE

MARKET SHARE In the 3rd Quarter of 2018, the number of sales in the Hillsborough County
Sales Market saw a 5% increase from the previous year in 2017. Although, third
quarter sales were down nearly 5% compared to the previous second quarter of
21% 2018.
79%
The average price for a single family home (SFH) rose 3% year-over-year
Single Family (YOY) to $300,066. This figure dropped a slight 4% from Q2 2018. The
Condo/Town/Villa median SFH price rose 4% YOY to $249,000, which also saw a 2% dip from
Q2 2018.
P. 01
Time on market decreased by an overall 2% compared to Q3% 2017. Single
family homes averaged 46 days on market (DOM), which was one day longer
than last year’s Q3 average. Condo DOM averaged 35 days, 2 days shorter
YOY.

In terms of price points for SFH’s, the largest segment of sales in Q3 fell
between $200-249K, with that range accounting for 24.97% of all sales. Just
above that, 16.56% of sales fell between $250-299K, and another 17.32% came
in just below, between 150-199K. Altogether, 94.6% of 3Q18 sales were under
600K. Of the active inventory at the end of Q318, 85% of the properties were
priced under 600K, and 15% were priced above that mark.

HOMES WITH IVAN

Overall 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 7008 6647 5.10% 7391 -5%
MEDIAN PRICE $235,945 $224,000 5% $237,000 0%
AVERAGE PRICE $284,449 $273,334 4% $288,550 -1%
MEDIAN PPSF $129.65 $122.82 6% $130.83 -1%
AVERAGE PPSF $141.80 $134.17 6% $143.11 -1%
AVE. DOM 41 42 2% 44 -7%

Single Family 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 5,554 5211 7% 5755 -3%
MEDIAN PRICE $249,000 $239,900 4% $255,000 -2%
AVERAGE PRICE $300,066 $292,383 3% $310,950 -4%
MEDIAN PPSF $132.00 $125.69 5% $132.78 -1%
AVERAGE PPSF $142.47 $135.67 5% $144 -1%
AVE. DOM 46 47 -2% 49 -6%

Condo/Town/Villa 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 1454 1438 1% 1,636 -11%
MEDIAN PRICE $163,005 $153,000 7% $168,500 -3%
AVERAGE PRICE $153,000 $182,450 -16% $200,369 -24%
MEDIAN PPSF $116.09 $108.25 7% $117.67 -1%
AVERAGE PPSF $139.48 $128.07 9% $138.59 -1%
AVE. DOM 35 37 -5% 39 -10%

3Q18 Hillsborough P. 02

South Tampa
Market
Overview

817 $483,477

3Q SALES AVERAGE
PRICE
48
$375,000
AVERAGE DAYS
ON MARKET MEDIAN PRICE

MARKET SHARE South Tampa had 817 Closed Sales in
Sales Q3 2018, Which was a 9% increase
from Q3 2017. The average sales price
38% for single family homes (SFH) rose 3%
62% YOY to $483,477, while the median
sales price also saw an increase of 8%
Single Family to $375,000. The average Condo price
Condo/Town/Villa (Including townhouses and villas) rose
9% to $341,929. The median Condo
P. 03 price also increased by 6% YOY to
$290,000. Of the 817 Closed Sales in
South Tampa 62.4% were SFH while
37.6% were Condos.

On average the time for a SFH to sell in
South Tampa took 53 days. A 4%
decrease from the previous year. While
Condos averaged 40 days on market, a
9% decrease YOY. In terms of invento-
ry, South Tampa had 3 months of supply
available at the end of Q3 2018.

HOMES WITH IVAN

Overall 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 817 748 9% 899 -9%
MEDIAN PRICE $375,000 $348,481 8% $378,500 -1%
AVERAGE PRICE $483,477 $471,551 3% $485,661 0%
MEDIAN PPSF $223.94 $218.25 3% $225.27 -1%
AVERAGE PPSF $238.98 $230.51 4% $235.41 2%
AVE. DOM 48 51 -6% 55 -13%

Single Family 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 510 457 12% 550 -7%
MEDIAN PRICE $433,900 $412,500 5% $427,500 1%
AVERAGE PRICE $568,684 $571,993 -1% $578,830 -2%
MEDIAN PPSF $223.42 $216.61 3% $229.98 -3%
AVERAGE PPSF $239.92 $234.52 2% $237.08 1%
AVE. DOM 53 55 -4% 57 -7%

Condo/Town/Villa 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 307 289 6% 347 -12%
MEDIAN PRICE $290,000 $273,000 6% $304,900 -5%
AVERAGE PRICE $341,929 $315,043 9% $337,666 1%
MEDIAN PPSF $224.05 $219.61 2% $220.81 1%
AVERAGE PPSF $237.42 $225.22 5% $233.03 2%
AVE. DOM 40 44 -9% 52 -23%

3Q18 Hillsborough P. 04

Westchase
Town n
Country
Market

477 $301,223

3Q SALES AVERAGE
PRICE
39
$267,000
AVERAGE DAYS
ON MARKET MEDIAN PRICE

MARKET SHARE Properties located in West Chase,
Sales including the Town N’ Country area,
had 477 closed sales in Q3 2018, a 5%
28% decrease from the previous year in Q3
72% 2017. The average sales for Single
family homes in this area, increased by
Single Family 3% YOY to $301,223. The average
Condo/Town/Villa condo price (Including townhomes and
villas) saw a 3% dip YOY to $178,989,
P. 05 while the median condo price also saw
a 1% decrease to $154,000. Of the 477
total closed sales, 72% were SFH and
28% were Condos.

On average, the time for a SFH to sell
was 40 days, an exact time on market as
the previous year. Condos averaged 38
days on market, a 27% increase
compared to Q3 2017.

HOMES WITH IVAN

Overall 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 477 501 -5% 545 -12%
MEDIAN PRICE $267,000 $250,000 7% $259,900 3%
AVERAGE PRICE $301,223 $292,416 3% $302,531 0%
MEDIAN PPSF $152.87 $144.23 6% $150.78 1%
AVERAGE PPSF $153.24 $144.91 6% $152.72 0%
AVE. DOM 39 38 3% 38 3%

Single Family 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 343 351 -2% 386 -11%
MEDIAN PRICE $305,000 $284,000 7% $297,800 2%
AVERAGE PRICE $349,511 $339,911 3% $354,863 -2%
MEDIAN PPSF $165.93 $153.08 8% $161.48 3%
AVERAGE PPSF $165.93 $156.21 6% $162.57 2%
AVE. DOM 40 40 0% 40 0%

Condo/Town/Villa 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 132 146 -10% 155 -15%
MEDIAN PRICE $154,000 $155,050 -1% $170,000 -9%
AVERAGE PRICE $178,989 $183,661 -3% $193,433 -7%
MEDIAN PPSF $119.46 $124.12 -4% $128,65 -7%
AVERAGE PPSF $120.14 $119.94 0% $129.54 -7%
AVE. DOM 38 30 27% 32 19%

3Q18 Hillsborough P. 06

Carrollwood
Citrus Park
Market
Overview

461 $246,444

3Q SALES AVERAGE
PRICE
31
$223,000
AVERAGE DAYS
ON MARKET MEDIAN PRICE

MARKET SHARE The Citrus Park & Carrollwood area
Sales had 461 Closed Sales in Q3 2018,
which was a 5% increase from Q3 2017.
26% The average sales price for Single
74% family homes (SFH) rose 10% YOY to
$279,011, while the Median sales price
Single Family also saw a 10% increase to $257,000
Condo/Town/Villa from the previous year. The average
condo (Including townhouses and
P. 07 villas) sales price rose 14% in this area
to $160,403 YOY. The median condo
price saw a significant jump by 20%
YOY to $149,500. Of the 461 Closed
Sales in Carrollwood/Citrus park 74%
were SFH and 26% were condos.

On average the time for SFH to sell in
this area took 33 days. A 6% decrease
from the previous year. The time on
market for condos also dropped 21% to
only 26 days on market.

HOMES WITH IVAN

Overall 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 461 438 5% 486 -5%
MEDIAN PRICE $223,000 $201,000 11% $225,500 -1%
AVERAGE PRICE $246,444 $222,761 11% $247,688 -1%
MEDIAN PPSF $141.12 $132.74 6% $141.20 0%
AVERAGE PPSF $140.57 $128.65 9% $139.79 1%
AVE. DOM 31 34 -9% 32 -3%

Single Family 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 337 321 5% 357 -6%
MEDIAN PRICE $257,000 $233,700 10% $263,000 -2%
AVERAGE PRICE $279,011 $252,719 10% $279,276 0%
MEDIAN PPSF $149.52 $137.68 9% $147.81 1%
AVERAGE PPSF $147.54 $135.91 9% $147.10 0%
AVE. DOM 35 35 -6% 32 3%

Condo/Town/Villa 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 122 116 5% 124 -2%
MEDIAN PRICE $149,500 $125,000 20% $154,000 -3%
AVERAGE PRICE $160,403 $140,489 14% $159,472 1%
MEDIAN PPSF $119.58 $106.57 12% $116.66 3%
AVERAGE PPSF $122.70 $108.47 13% $119.29 3%
AVE. DOM 26 33 -21% 34 -24%

3Q18 Hillsborough P. 08

New Tampa
Market
Overview

695 $253,169

3Q SALES AVERAGE
PRICE

42 $227,169

AVERAGE DAYS MEDIAN PRICE
ON MARKET

MARKET SHARE The New Tampa area had 695 Closed
Sales Sales in Q3 2018 an almost even wash
year-over-year (YOY) at 0%. The
30% average sales price for a Single family
70% home (SFH) Rose 4% YOY to
$310,068, while the median sales price
Single Family saw a higher 5% increase to $286,000.
Condo/Town/Villa The average condo (including town-
houses and villas) sales price decreased
P. 09 by 1% down to $122,928. Meanwhile,
The median condo sales price rose 5%
to $115,000. Of the 695 total Closed
sales in New Tampa 69.4% were SFH
and 30.2% were condos.

On average the time for SFH to sell in
this area took 48 days. A 2% increase
from Q3 2017. The time on market for
condos also saw a increase of 4% at 28
days.

HOMES WITH IVAN

Overall 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 695 693 0% 486 -8%
MEDIAN PRICE $227,100 $213,000 7% $230,000 -1%
AVERAGE PRICE $253,169 $244,207 4% $269,579 -6%
MEDIAN PPSF $121.28 $116.18 4% $120.92 0%
AVERAGE PPSF $120.32 $114.31 5% $121.37 -1%
AVE. DOM 42 41 2% 47 -11%

Single Family 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 483 478 1% 509 -5%
MEDIAN PRICE $286,000 $273,450 5% $285,000 0%
AVERAGE PRICE $310,068 $298,716 4% $336,686 -8%
MEDIAN PPSF $129.19 $124.15 4% $130.75 -1%
AVERAGE PPSF $130.03 $125.31 4% $132.88 -2%
AVE. DOM 48 47 2% 52 -8%

Condo/Town/Villa 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 210 210 0% 240 -13%
MEDIAN PRICE $115,000 $110,000 5% $117,,000 -2%
AVERAGE PRICE $122,928 $124,340 -1% $124,889 -2%
MEDIAN PPSF $96.74 $89.21 8% $92.98 4%
AVERAGE PPSF $98.18 $90.42 9% $96.44 2%
AVE. DOM 28 27 4% 34 -18%

3Q18 Hillsborough P. 10

Seminole
Heights
Market
Overview

408 $192,986

1Q SALES AVERAGE
PRICE
44
$179,500
AVERAGE DAYS
ON MARKET MEDIAN PRICE

MARKET SHARE Properties in Seminole Heights had 408
Sales Closed Sales in Q3 2018, Which was a
11% increase from Q3 2017. The
2% average sales price for single family
98 homes (SFH) rose 7% YOY to
$192,986, while the median sales price
Single Family also saw a 9% increase to $179,500.
Condo/Town/Villa Seminole Heights has a lack of Condo
sales with only a total of 6 closed units
P. 11 in Q3 2018. The average condo’s
(including townhouses and villas) sale
saw a 42% increase to $106,000. The
median condo price also increased by
26% YOY to $126,858. Of the 408
Closed Sales in Seminole Heights
98.5% were SFH and 1.5% were
condos.

On average the time for a SFH to sell in
Seminole Heights took 45 days. A 7%
increase from the previous year. While
condos averaged only 25 days on the
market, a 48% decrease YOY.

HOMES WITH IVAN

Overall 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 408 367 11% 413 -1%
MEDIAN PRICE $179,500 $165,000 9% $199,000 -10%
AVERAGE PRICE $192,986 $179,752 7% $209,439 -8%
MEDIAN PPSF $145.03 $126.69 14% $155.38 -7%
AVERAGE PPSF $144.16 $131.45 10% $153.31 -6%
AVE. DOM 44 42 5% 39 13%

Single Family 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 402 361 11% 403 0%
MEDIAN PRICE $179,900 $169,900 6% $199,900 -10%
AVERAGE PRICE $193,973 $181,070 7% $211,810 -8%
MEDIAN PPSF $145.31 $127.83 14% $155.95 -7%
AVERAGE PPSF $144.97 $132.50 9% $154.80 -6%
AVE. DOM 45 42 7% 40 13%

Condo/Town/Villa 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 6 6 0% 3 100%
MEDIAN PRICE $106,000 $74,500 42% $126,000 -16%
AVERAGE PRICE $126,858 $100,500 26% $119,667 6%
MEDIAN PPSF $90.78 $54.78 66% $94.88 -4%
AVERAGE PPSF $90.08 $68.10 32% $87.35 3%
AVE. DOM 25 48 -48% 5 400%

3Q18 Hillsborough P. 12

Brandon
Market
Overview

923 $243,210

1Q SALES AVERAGE
PRICE
434
$225,000
AVERAGE DAYS
ON MARKET MEDIAN PRICE

MARKET SHARE Brandon had a total of 923 Closed
Sales Sales in Q3 2018. The average sales
price for a Single family home (SFH)
10% saw a 5% increase year over year
90% (YOY) to $255,423, while the median
sales price saw a 7% increase to
Single Family $238,500. The average condo (includ-
Condo/Town/Villa ing townhouses and villas) sales price
rose 6% YOY to $140,738. The median
P. 13 condo price also saw a 6% YOY
increase to $137,000. Of the 923
Closed Sales in Brandon 89.5% were
SFH and 9.6% were Condos.

On average the time for SFH to sell in
this area took 34 days. A 3% increase
from the previous year. The time on
market for condos saw 12% decrease in
only 29 days.

HOMES WITH IVAN

Overall 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 923 877 5% 902 2%
MEDIAN PRICE $225,000 $213,790 5% $229,945 -2%
AVERAGE PRICE $243,210 $230,979 5% $246,786 -1%
MEDIAN PPSF $125.65 $116.85 8% $124.77 1%
AVERAGE PPSF $124.49 $116.19 7% $123.59 1%
AVE. DOM 34 33 3% 33 3%

Single Family 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 827 775 7% 792 4%
MEDIAN PRICE $238,500 $223,000 7% $240,250 -1%
AVERAGE PRICE $255,423 $244,179 5% $262,555 -3%
MEDIAN PPSF $127.28 $119.71 6% $127.45 0%
AVERAGE PPSF $127.58 $119.16 7% $127.10 0%
AVE. DOM 34 33 3% 34 0%

Condo/Town/Villa 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 89 92 -3% 89 0%
MEDIAN PRICE $137,000 $129,450 6% $136,900 0%
AVERAGE PRICE $140,738 $133,168 6% $137,824 2%
MEDIAN PPSF $101.35 $95.52 6% $100.92 0%
AVERAGE PPSF $100.77 $94.49 7% $101.75 -1%
AVE. DOM 29 33 -12% 19 53%

3Q18 Hillsborough P. 14

Riverview
Market
Overview

881 $223,365

3Q SALES AVERAGE
PRICE
34
$214,990
AVERAGE DAYS
ON MARKET MEDIAN PRICE

MARKET SHARE The Riverview area had 811 total
Sales Closed Sales in Q3 2018, which was a
3% increase from Q3 2017. The average
26% sales price for a Single family home
(SFH) also rose 3% YOY to $250,313,
72% 2% while the median sales price saw a 2%
increase to $229,495. The average
OTHER condo (Including townhouses and
villas) sales price rose 12% YOY to
Single Family $157,031. The Median condo price saw
Condo/Town/Villa a 14% increase YOY to $155,735. Of
the 811 Closed Sales in Riverview
71.7% were SFH and 26.14% were
condos. Leaving anything else to
Manufactured homes.

On average the time for a SFH to sell in
this area took 37 days. A 12% decrease
from Q3 2017. The time on market for
condos also saw a 10% decrease at 26
days.

P. 15 HOMES WITH IVAN

Overall 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 881 788 3% 891 -9%
MEDIAN PRICE $214,990 $206,250 4% $220,000 -2%
AVERAGE PRICE $223,365 $215,858 3% $231,537 -4%
MEDIAN PPSF $116.94 $112.76 4% $118.43 -1%
AVERAGE PPSF $119.18 $111.86 7% $118.38 -1%
AVE. DOM 34 38 -11% 35 -3%

Single Family 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 583 579 1% 646 -10%
MEDIAN PRICE $229,495 $225,000 2% $240,000 -4%
AVERAGE PRICE $250,313 $244,045 3% $259,166 -3%
MEDIAN PPSF $123.10 $118.64 4% $123.86 -1%
AVERAGE PPSF $125.39 $117.99 6% $123.79 1%
AVE. DOM 37 42 -12% 37 0%

Condo/Town/Villa 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 212 195 9% 229 -7%
MEDIAN PRICE $155,735 $136,400 14% $160,000 -3%
AVERAGE PRICE $157,031 $140,345 12% $160,189 -2%
MEDIAN PPSF $104.94 $98.60 6% $106.64 -2%
AVERAGE PPSF $105.00 $96.12 9% $105.35 0%
AVE. DOM 26 29 -10% 28 -7%

3Q18 Hillsborough P. 16

Gibsonton
Apollo Beach
Ruskin
Market

518 $261,731

1Q SALES AVERAGE
PRICE
50
$224,990
AVERAGE DAYS
ON MARKET MEDIAN PRICE

MARKET SHARE The Gibsonton, Apollo Beach, and
Ruskin area had a total of 518 Closed
Sales 2% Sales in Q3 2018. The average sales
OTHER price for a Single family home (SFH)
saw a 1% increase to $274,819, while
12% the median sales price saw a 8%
86% increase to $234,990. The average
condo (including townhouses and villas)
Single Family sales price rose 2% increase to
Condo/Town/Villa $194,662. Although, the Median Condo
sales price saw a 3% decrease YOY to
P. 17 $184,640. Of the 518 Closed Sales in
the Gibsonton, Apollo Beach, and
Ruskin area 85.9% were SFH and
11.9% were Condos.

On average the time for a SFH to sell in
this area took 50 days. A 7% decrease
from Q3 2017. The time on market for
condos saw a 31% decrease down to 49
days.

HOMES WITH IVAN

Overall 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 518 510 2% 527 -2%
MEDIAN PRICE $224,990 $214,340 5% $225,000 0%
AVERAGE PRICE $261,731 $257,185 2% $271,666 -4%
MEDIAN PPSF $120.34 $112.39 7% $119.46 1%
AVERAGE PPSF $127.41 $119.49 7% $128.84 -1%
AVE. DOM 50 56 -11% 54 -7%

Single Family 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 445 435 2% 435 2%
MEDIAN PRICE $234,990 $218,500 8% $235,000 0%
AVERAGE PRICE $274,819 $271,696 1% $288,049 -5%
MEDIAN PPSF $120.81 $113.83 6% $119.82 1%
AVERAGE PPSF $128.09 $121.25 6% $130.83 -2%
AVE. DOM 50 54 -7% 54 -7%

Condo/Town/Villa 3Q18 3Q17 % Change (yr) 2Q18 % Change (qtr)

CLOSED SALES 62 65 -5% 81 -23%
MEDIAN PRICE $184,640 $191,000 -3% $192,000 -4%
AVERAGE PRICE $194,622 $190,481 2% $203,688 -4%
MEDIAN PPSF $124.54 $108.11 15% $113.85 9%
AVERAGE PPSF $132.37 $116.63 13% $123.30 7%
AVE. DOM 49 71 -31% 56 -13%

3Q18 Hillsborough P. 18

Methodology

SOURCE: Figures in this report are based on data MEDIAN PRICE: Mid-point price where half of all sales
from the My Florida Regional Multiple Listing Service fall below and half fall above this number. The
(MLS). median gure is less skewed by high price point
CLOSED SALES: Figures are based on transactions sales than the average gure.
from the third quarter of 2018, shortly after the end MEDIAN PRICE PER SQUARE FOOT (PPSF): Mid-point
of the quarter. This gure may not re ect transac- price per square foot of sold properties where half of
tions which closed in 3Q but were not closed out in all prices per square foot fall below and half fall
MLS in a timely manner. above this number.
AVERAGE PRICE: Total of all sales volume divided by DAYS ON MARKET (DOM): Time between when a
the number of sales. property was listed and when it went under contract.
AVERAGE PRICE PER SQUARE FOOT: Calculated by This gure applies only to properties which were
the average of all prices per square foot of sold listed and sold through MLS.
properties.

SOUTH
TAMPA

3502 Henderson Blvd #300, Tampa, FL 33609 Hillsborough m.
County
3Q18

SOUTH
TAMPA

HOMES WITH IVAN

3502 Henderson Blvd #300, Tampa, FL
33609

HomesWithIvan.kw.com/
[email protected]
954 . 257 . 9195

HOMES 3Q
18
WITH

H I IVAN