FL ARCHIVED April 2018 | Page 64

Market Action Report April 2018
Community Information | School District
Market Action Report April 2018

City : St Petersburg Price Range : All | 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
$ 279,900
4 %
19 %
Average List Price of all Current Listings
$ 443,767
2 %
10 %
April Median Sales Price
$ 210,000
-2%
3 %
15 %
13 %
$ 203,500
13 %
9 %
April Average Sales Price
$ 287,901
3 %
3 %
19 %
11 %
$ 278,744
10 %
8 %
Total Properties Currently for Sale ( Inventory )
1,362
-6%
-11%
April Number of Properties Sold
589
-4%
-2%
2,061
-5%
April Average Days on Market ( Solds )
49
-6%
-8% -13%
-6%
53
-4%
2 %
Asking Price per Square Foot ( based on New Listings )
$ 196
-1%
2 %
14 %
9 %
$ 193
9 %
7 %
April Sold Price per Square Foot
$ 189
4 %
4 %
17 %
11 %
$ 182
10 %
7 %
April Month ' s Supply of Inventory
2.3
-3% -11% -9%
-18%
2.9
-4%
2 %
April Sale Price vs List Price Ratio
94.7 %
. 9 %
. 4 %
-. 1 %
-. 1 %
94.3 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
800
April Property sales were 589 , down 1.5 % from 598 in April of
2017 and 3.9 % lower than the 613 sales last month . April 2018
700
Property sales were Sales at their lowest level compared to April of 2017 and
800
April
2016 Property . April YTD sales sales were of 589 2,061 , down are 1.5 running % from 5.5 598 % in behind April of last
2017 and 3.9 % lower than the 613 sales last month . April 2018
700 year ' s year-to-date sales of 2,180 . sales were at their lowest level compared to April of 2017 and
600
2016 . April YTD sales of 2,061 are running 5.5 % behind last
600
500
400
year ' s year-to-date sales of 2,180 .
500
300
400
200
300
100
200
100
0
Prices The Median Sales Price in April was $ 210,000 , up 15.4 % from
Prices $ 182,000 in April of 2017 and down 2.3 % from $ 215,000 last The month Median . The Sales Average Price Sales in April Price was in $ 210,000 April was , up $ 287,901 15.4 % from , up
300
$ 18.8 182,000 % from in April $ 242,314 of 2017 in and April down of 2017 2.3 % and from up $ 2.6 215,000 % from last month . The Average Sales Price in April was $ 287,901 , up
280
$ 280,662 last month . April 2018 ASP was at the highest level 18.8 % from $ 242,314 in April of 2017 and up 2.6 % from 260 compared to April of 2017 and 2016 . $ 280,662 last month . April 2018 ASP was at the highest level 240 compared to April of 2017 and 2016 .
220 200 180 160 140 120 100 M 15
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 1,362 Inventory , down 6.5 of % Properties from 1,456 available last month for sale and as down of April 10.6 % 2,000 was from 1,362 1,523 , down in April 6.5 % of from last 1,456 year . last April month 2018 and Inventory down 10.6 was % at its
2,000
from lowest 1,523 level in April compared of last with year April . of 2018 2017 Inventory and 2016 was . at its 1,500 lowest level compared with April of 2017 and 2016 .
1,500

St . Petersburg

Agent Name
Title Phone Website Other

Community Information | School District

0
Number of Properties Sold
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
15
16
17
18
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
Median Sales Price and Average Sales Price
16
17
18
3 Mo Avg
Median Sales Price and Average Sales Price
563 631 606 537 513 536 412 553 389 511 575 658 608 639 477 504 447 435 445 585 449 469 664 598 693 653 557 554 409 499 493 517 387 472 613 589
M 15 300 280 260 240 220 200 180 160 140 120 100
563
M
631 606 537
J
15J
A S O N D
J
16
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
17
18
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.5
4.5 4.0
4.0 3.5
3.5 3.0
3.0 2.5 1,000
2.5 1,000
2.0 2.0
A comparatively lower MSI is more beneficial for sellers while a 1.5
A comparatively lower MSI is more beneficial for sellers while a 1.5 higher MSI is better for buyers . The April 2018 MSI of 2.3 500 higher MSI is better for buyers . The April 2018 MSI of 2.3 500
1.0 1.0 months was at its lowest level compared with April of 2017 and 0.5 months was at its lowest level compared with April of 2017 and 0.5
2016 . 0
0.0 2016 .
0 0.0
TORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR MAssociation M J J , J
ANavarre J A S OArea S
N Board O D Jof NREALTORS D J F
F M A , MEmerald M A M J J A S O N D J J JCoast F M A M J J A S O N D J F M A
A Association S O N of DREALTORS J F M, Pensacola A M J Association J A S of OREALTORS N D Jand Fmay Mnot Areflect all relevant real estate
15
15 16
16 17
17 18
18
513 536 412 553 389
J J A S O N D J
511 575
1,736 1,667 1,646 1,627 1,614 1,625 1,651 1,611 1,610 1,650 1,603 1,557 1,472 1,525
Number of Properties Sold
658 608
1,736 1,667 1,646 1,627 1,614 1,625 1,651 1,611 1,610 1,650 1,603 1,557 1,472
639
1,212 1,325
1,431 477 504 447 435 445 585 449 469 664 598 693 653
1,508 1,566 1,541 1,628 1,632 1,568 1,523 1,456 1,474 1,482 1,490 1,479 1,452 1,503 557 554 409 499
3 Mo Avg
493
3 Mo Avg
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 F M A18
1,525
1,212
1,325 1,431 1,508 1,566 1,541 1,628 1,632 1,568 1,523 1,456 1,474 1,482
1,398 1,448 1,457 1,456 1,362 517 387
1,490 1,479 1,452 1,503 1,398 1,448 1,457
3 Mo Avg
472 613
1,456 1,362
589
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 Asso 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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