FL ARCHIVED April 2017 | Page 13

Market Action Report April 2017

PINELLAS COUNTY

County : Pinellas

Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,575,000
-1%
5 %
Average List Price of all Current Listings
$ 1,975,324
-0%
2 %
April Median Sales Price
$ 1,575,000
13 %
13 %
16 %
21 %
$ 1,400,000
5 %
8 %
April Average Sales Price
$ 1,977,543
18 %
15 %
27 %
20 %
$ 1,714,793
5 %
4 %
Total Properties Currently for Sale ( Inventory )
503
-1%
11 %
April Number of Properties Sold
35
6 %
0 %
134
12 %
April Average Days on Market ( Solds )
119 -14% -8% -22% -11%
129
-1%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 588
28 %
17 %
35 %
27 %
$ 503
13 %
9 %
April Sold Price per Square Foot
$ 471
9 %
-2%
17 %
8 %
$ 480
13 %
10 %
April Month ' s Supply of Inventory
14.4
-7%
-3%
11 %
-10%
15.4
6 %
-3%
April Sale Price vs List Price Ratio
90.6 %
. 8 % -1.4% 3.1 %
-. 1 %
91.9 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 35 , equal to 35 in April of 2016 and 6.1 % higher than the 33 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . April
Property YTD sales of Sales 134 are running 11.7 % ahead of last year ' s year-todate Property sales of 120 sales . were 35 , equal to 35 in April of 2016 and
April 6.1 % higher than the 33 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . April YTD sales of 134 are running 11.7 % ahead of last year ' s year-todate sales of 120 .
Prices The Median Sales Price in April was $ 1,575,000 , up 15.8 % from $ 1,359,750 in April of 2016 and up 12.5 % from $ 1,400,000 last month . The Average Sales Price in April was $ 1,977,543 , up
Prices 27.0 % from $ 1,557,275 in April of 2016 and up 17.6 % from The $ 1,681,963
Median Sales last month
Price . in April April 2017 was ASP $ 1,575,000 was at the
, up highest 15.8 % from level
$ compared 1,359,750 to in April April of of 2016 2016 and and 2015 up 12.5 .
% from $ 1,400,000 last month . The Average Sales Price in April was $ 1,977,543 , up 27.0 % from $ 1,557,275 in April of 2016 and up 17.6 % from $ 1,681,963 last month . April 2017 ASP was at the highest level compared to April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 503 , down 1.0 % from 508 last month and up 10.8 % from 454 in April of last year . April 2017 Inventory was at its highest level compared with April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 503 , down 1.0 % from 508 last month and up 10.8 % from 454 in April of last year . April 2017 Inventory was at its highest A comparatively lower MSI is more beneficial for sellers while a level compared with April of 2016 and 2015 . higher MSI is better for buyers . The April 2017 MSI of 14.4 months was at a mid level compared with April of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 14.4 months was at a mid level compared with April of 2016 and 2015 .
50
45
40
Number of Properties Sold
3 Mo Avg
50
35
45
30
40
25
35
20
15
30
10
25
5
20
0
15
10
M
14
J
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A
17
5
0
Median Sales Price and Average Sales Price
3 Mo Avg
2,000M
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
1,90014
15
16
17
1,800
1,700
2,000
1,600
1,900
1,500
1,800
1,400
1,700
1,300
Median Sales Price and Average Sales Price
3 Mo Avg
1,600
1,200
1,500
1,100
1,400
M
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
1,300
14
15
16
17
1,200
1,100
Total Inventory & Month ' s Supply of Inventory ( MSI )
600
M
14
J
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A
30.0
17
500
25.0
400
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
600 300
500 200
400 100 3000 200 100
28
28 29 18 22 17 30 16 31 21 20 28 27 31 35 26 17 27 26 19 22 25 29 31 35 22 47 30 31 32 23 24 22 30 36 33 35
376 376
29
M 14
365 365
J
18 362 362
Agent Name
Title Phone Website Other
22 377 377
17 382 382
30 384 384
16 397 397
31 392 392
21 396 396
J A S O N D J 15
0
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 M J and J Up A | SProperty O NTypes D : JSFH F - MConA M J J A S O N D J F M A M J J A S O N D J F M A Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 14 Association of REALTORS , 15 My Florida Regional MLS , Naples Area Board of 16 REALTORS , REALTORS Association of the Palm 17 Beaches , Space Coast Association of REAL does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
20 398 398
28 395 395
27
400
Number of Properties Sold
31
400 390
390 396
35
396
F M A M J
388 388
26 362 362
17 355 355
27 415 415
26 421 421
19 402 402
22 410 410
J A S O N D J 16
25 427 427
29 437 437
31 454 454
35 434 434
22 440 440
F M A M J
47 435 435
30 431 431
31
436 436
32
459 459
23
472 472
477 24
477 509 509
22 534 534
30 508 508
36 503 503
J A S O N D J F M A 17
3 Mo Avg
33 35
15.0 30.0
10.0 25.0
5.0 20.0
0.0 15.0 10.0
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