FL ARCHIVED December 2017 | Page 23

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

City : Belleair

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
$ 724,250
-6%
1 %
Average List Price of all Current Listings
$ 1,037,128
-16%
-20%
December Median Sales Price
$ 265,000
-38% -11% -37%
-4%
$ 306,500
11 %
11 %
December Average Sales Price
$ 289,586
-48% -22% -33% -32%
$ 446,583
1 %
5 %
Total Properties Currently for Sale ( Inventory )
62
-2%
-11%
December Number of Properties Sold
7
0 %
-46%
143
-11%
December Average Days on Market ( Solds )
50 -37% -31% -53% -38%
82
0 %
1 %
Asking Price per Square Foot ( based on New Listings )
$ 212
-10%
-5%
12 %
2 %
$ 213
1 %
3 %
December Sold Price per Square Foot
$ 200
1 %
10 %
1 %
12 %
$ 190
5 %
6 %
December Month ' s Supply of Inventory
8.9
-2%
8 %
64 %
46 %
6.4
5 %
5 %
December Sale Price vs List Price Ratio
106.9 %
11.5 % 9.7 % 17.9 % 15.7 %
93.7 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 7 , down 46.2 % from 13 in December of 2016 and the same as the 7 sales last month . Property December Sales 2017 sales were at their lowest level compared to 30 December Property sales were 7 , down 46.2 % from 13 in December of 2016 and 2015 . December YTD sales of 143 are December of 2016 and the same as the 7 sales last month . running 11.2 % behind last year ' s year-to-date sales of 161 . 25 December 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales of 143 are
20 running 11.2 % behind last year ' s year-to-date sales of 161 .
15

Belleair

Agent Name
Title Phone Website Other

Community Information | School District

30
25
20
15
10
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in December was $ 265,000 , down
Prices 36.9 % from $ 420,000 in December of 2016 and down 38.2 % The from Median $ 429,000 Sales last Price month in December . The Average was $ 265,000 Sales Price , down in 900 36.9 December % from $ was 420,000 $ 289,586 in December , down 33.3 of 2016 % from and $ down 433,915 38.2 in % from $ 429,000 last month . The Average Sales Price in
800 December of 2016 and down 48.3 % from $ 560,071 last month . December was $ 289,586 , down 33.3 % from $ 433,915 in 700 December 2017 ASP was at a mid range compared to December December of 2016 and down 48.3 % from $ 560,071 last month . of 2016 and 2015 .
600 December 2017 ASP was at a mid range compared to December 500 of 2016 and 2015 .
400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The December Total Inventory was 62 , of down Properties 1.6 % from available 63 last for month sale as of and down December was 62 , down 1.6 % from 63 last month and down
120
11.4 % from 70 in December of last year . December 2017 11.4 Inventory % from 70 was in at December its lowest of level last year compared . December with 2017 December of 100
Inventory 2016 and was 2015 at . its lowest level compared with December of 2016 and 2015 .
80
60 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 40 higher MSI is better for buyers . The December 2017 MSI of 8.9 higher MSI is better for buyers . The December 2017 MSI of 8.9 months was at a mid level compared with December of 2016 20 months was at a mid level compared with December of 2016 and 2015 . and 2015 .
0
10
5
0
300 200 100
0
5
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
15
16
17
J
F M A M J
15
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
Median
16 Sales Price and Average
17 Sales Price
S O N D
3 Mo Avg
900
800
Median Sales Price and Average Sales Price
3 Mo Avg
700 600 500 400 300 200 100 0
J 15
120 100 80
88 92
60 40 20
J 15
9
9 9
J
9 14 11 13
14 11 13 14 6
F
15 M A M J
J
A S O N D
J
16
88 104
98 92 98 101 99
14
14 20 24 9 9 8 10 18 19 13 22 12 9
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
90 6 82
14 20
93 89 82
24 9 9 8
F M A M J J A S O N D J
104 98 98 101 99
90
93 89 86
10
86 18
86
78 86 81
78 71 75
68
81
68 71
73 75
73 68
76 68
69 73
70 73
73 76
66 69
68 70
15 11 11 13 15 9
62 61 62 67 63 58 61
11 20 21 19 6 8 11
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
F M A M J
J
0.0
A S O N D
63 62
0 F M
J
A
F M A J
M J A
J
S
J O
A
N
S D
O J
N F
D M
J A
F M
M J
A J
M A
J S O
J A N D
S O J F
N
M
D
A
J M J J A S O N D
15
16 16
17 17
19 13 22 12 9 15 11 11 13 15
F M A M J J A S O N D J
73 66
9 68
11 20 21 19 6 8 11
9 7 7
9 7 7
F M A M J J A S O N D
62 61 62 67 63 58 61 63 62
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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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