FL ARCHIVED December 2017 | Page 21

Market Action Report December 2017
Community Information | School District
Market Action Report December 2017

County : Pinellas

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
$ 303,000
2 %
13 %
Average List Price of all Current Listings
$ 503,013
2 %
12 %
December Median Sales Price
$ 215,000
3 %
2 %
9 %
17 %
$ 208,000
13 %
14 %
December Average Sales Price
$ 278,212
9 %
3 %
9 %
13 %
$ 273,449
11 %
11 %
Total Properties Currently for Sale ( Inventory )
4,502
-8%
-19%
December Number of Properties Sold
1,765
12 %
1 %
21,474
1 %
December Average Days on Market ( Solds )
55
-4%
-2%
-7%
-8%
58
-2%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 200
1 %
2 %
11 %
16 %
$ 188
9 %
9 %
December Sold Price per Square Foot
$ 176
5 %
2 %
11 %
16 %
$ 171
13 %
13 %
December Month ' s Supply of Inventory
2.6 -18% -12% -20% -23%
2.9
-12%
-12%
December Sale Price vs List Price Ratio
94.5 %
-. 5 %
-. 3 %
. 5 %
. 1 %
94.8 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 December Property sales were 1,765 , up 0.9 % from 1,749 in December of 2016 and 11.9 % higher than the 1,578 sales last Property month . December Sales 2017 sales were at a mid level compared to 2,5002,000
December Property of 2016 sales and were 2015 . 1,765 December , up 0.9 % YTD from sales 1,749 of in 21,474 are December running 1.0 of 2016 % ahead and of
11.9 last % higher year ' s than year-to-date the 1,578 sales sales of last
21,258 . month . December 2017 sales were at a mid level compared to 2,0001,500 December of 2016 and 2015 . December YTD sales of 21,474 are running 1.0 % ahead of last year ' s year-to-date sales of 21,258 . 1,5001,000

Pinellas Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
500
500 0
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 M J J A S O N D
0 15 16
17 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 M J J A S O N D
Prices Median Sales Price and Average Sales Price
15 16
17 3 Mo Avg
The Median Sales Price in December was $ 215,000 , up 9.1 % 300
Prices from $ 197,000 in December of 2016 and up 3.0 % from Median Sales Price and Average Sales Price
3 Mo Avg
The Median Sales Price in December was $ 215,000 , up 9.1 % 280 $ 208,650 last month . The Average Sales Price in December was
300 from $ 278,212 $ 197,000 , up 9.1 in December % from $ 254,973 of 2016 in and December up 3.0 % from of 2016 and up
260
280 $ 8.7 208,650 % from last $ 255,904 month . The last Average month . Sales December Price in 2017 December ASP was was at the 240 $ 278,212 , up 9.1 % from $ 254,973 in December of 2016 and up
260 highest level compared to December of 2016 and 2015 .
220
8.7 % from $ 255,904 last month . December 2017 ASP was at the 240 200 highest level compared to December of 2016 and 2015 . 220
180 200
160 180
140
160 140
120
120 100
100 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 M J J A S O N D
1,209 1,516 1,923 1,992 1,916 2,095 2,010 1,783 1,765 1,739 1,376 1,836 1,246 1,548 1,939 2,044 1,969 2,075 1,777 1,903 1,766 1,602 1,640 1,749 1,451 1,488 2,190 1,973 2,192 2,194 1,818 1,834 1,418 1,573 1,578 1,765
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 M J
J
A S O N D
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 4,502 of Properties , down 7.7 % available from 4,879 for sale last as month of and
8,000
December down 19.3 was % from 4,5025,578 , down in 7.7 December % from 4,879 of last last year month . December and
8,0007,000 down 201719.3 Inventory % from was 5,578 at in its December lowest level of last compared year . December with December
7,0006,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
6.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with December
6,0005,000
5.0
of 2016 and 2015 .
5,0004,000
4,000
3,000
A comparatively lower MSI is more beneficial for sellers while
3,000 a
A comparatively lower MSI is more beneficial for sellers while a
2,000 higher MSI is better for buyers . The December 2017 MSI of 2.6
2,000 higher months MSI was is better at its lowest for buyers level . The compared December with 2017
December MSI of 2.6 of 2016
1,000 months was at its lowest level compared with December of 2016
1,000 and 2015 .
0 and 2015 .
0
J
F M A M J
F M A J
15
J A S O N D J
F M A M J
F M A M J
16
J
4.0
3.0
2.0
1.0
0.0
A S O N D J
F M A M J
J
A S O N D
F M A M J
J
A S O N D
17
7,010 6,913 6,789 6,556 6,448 6,236 6,052 5,855 5,692
J 15
15
1,209 1,516
7,010
6,913 1,923 1,992
6,789 6,556
1,916 2,095
6,448 6,236
2,010 1,783 1,765
6,052 5,855 5,692
1,739
5,880 5,898 5,725 5,977 6,109 6,033 5,895 5,809 5,693 5,609 5,590 5,631 5,691 5,805 5,578 5,671 5,608 5,552 5,328 5,183 5,156 5,079 4,991 4,928 4,840
J A S O N D J 16
1,376
5,880 5,898
1,836 1,246
16
5,725 5,977
1,548
6,109
6,033 1,939 2,044 1,969
5,895 5,809 5,693 2,075 1,777
5,609
5,590 1,903 1,766
5,631 5,691
J A S O N D J
17
1,602 1,640
5,805
5,578 1,749 1,451
17
1,488
5,671 5,608 5,552 2,190 1,973
5,328
5,183 2,192 2,194
5,156 5,079
1,818
4,879 4,502
1,834
4,991 4,928
1,418 1,573 1,578
4,840 4,879 4,502
1,765
7.0 6.0 5.0 4.0
3.0 2.0 1.0 0.0
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 Assoc 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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