FL ARCHIVED April 2018 | Page 46

Community Information | School District
Market Action Report April 2018

City : Belleair Price Range : All | Properties : SFH - Con

Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for April was 72 , down 46.3 % from 134 days last month and up 28.6 % from 56 days in April of last year . The April 2018 DOM was at a mid level compared with April of 2017 and 2016 .

Belleair Agent Name

Title Phone Website Other

Community Information | School District

300
250
200
150
100
50
Days On Market for Sold Properties
67 56
3 Mo Avg
72
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The April 2018 Selling Price per Square Foot of $ 198 was down 3.4 % from $ 205 last month and up 16.9 % from 170 in April of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The April 2018 Selling Price vs Original List Price of 88.7 % was down from 91.2 % last month and down from 93.6 % in April of last year .
0
M
J
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A S O N D
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F M A M J
J
A S O N D
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F M A M J
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A S O N D
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F M A
15
16
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18
Selling Price per Square Foot
3 Mo Avg
240 220 200 180 160 140 120 100
120 % 100 % 80 % 60 %
168 170
M
J
J
A S O N D
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F M A M J
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15
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.1 % 93.6 %
3 Mo Avg
198
88.7 %
40 % 20 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in April 2018 was 15 , down 34.8 % from 23 last month and down 25.0 % from 20 in April of last year .
0 %
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A S O N D
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F M A M J
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F M A
15
16
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Inventory / New Listings / Sales
120 100 80 60 40
98 101 99
90
82 93 89 86
78 86
81
71
76
69
68 73 74 79 73 74 77
70
73 67 65 65 71 67 61 63 66 66 69 68 75 80
20 0
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J
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A S O N D
J
F M A M J
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A S O N D
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F M A M J
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A S O N D
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F M A
15
16
17
18
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm 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 .
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