FL ARCHIVED December 2017 | Page 17

ST . PETE BEACH

Community Information | School District
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
$ 1,875,000
-5%
12 %
Average List Price of all Current Listings
$ 2,181,000
-2%
20 %
December Median Sales Price
$ 1,550,000
0 %
-24%
27 %
$ 1,260,000
4 %
3 %
December Average Sales Price
$ 1,473,333
0 %
-28% -10%
$ 1,540,381
-7%
-6%
Total Properties Currently for Sale ( Inventory )
26
-4%
-7%
December Number of Properties Sold
3
200 %
25
92 %
December Average Days on Market ( Solds )
182
0 %
-29%
33 %
126
-14%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 427
8 %
-5%
-28% -24%
$ 547
-3%
-3%
December Sold Price per Square Foot
$ 440
0 %
-8%
-8%
$ 469
-3%
-2%
December Month ' s Supply of Inventory
8.7
0 %
0 %
-69% -46%
11.6
-28%
-28%
December Sale Price vs List Price Ratio
82.8 %
. 0 % -3.7% -10.0%
88.1 %
-4%
-4%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales December Property sales were 3 , up 200.0 % from 1 in December of 2016 and higher than the 0 sales last month . December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales of 25 are running 92.3 % ahead of last year ' s year-to-date sales of 13 .
Prices The Median Sales Price in December was $ 1,550,000 , down 24.4 % from $ 2,050,000 in December of 2016 and up from $ 0 last month . The Average Sales Price in December was $ 1,473,333 , down 28.1 % from $ 2,050,000 in December of 2016 and up from $ 0 last month . December 2017 ASP was at the lowest level compared to December of 2016 and 2015 .
8 7 6 5 4 3 2 1
Number of Properties Sold
0
3 Mo Avg
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
Median Sales Price and Average Sales Price
3 Mo Avg
3,500 3,000 2,500
3 Mo Avg
1 0 1 1 0 4 1 2 0 0 1 0 1 1 2 0 1 2 2 1 0 2 0 1 1 0 2 2 4 7 3 3 0 0 0 3
2,000 1,500
Inventory & MSI The Total Inventory of Properties available for sale as of December was 26 , down 3.7 % from 27 last month and down 7.1 % from 28 in December of last year . December 2017 Inventory was at a mid level compared with December of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 8.7 months was at its lowest level compared with December of 2016 and 2015 .
1,000
35 30 25
35 20
30 15
25 10 205 150 10 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
35.0
30.0
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
0.0
15.0
J
F M A M J
J
A S O N D
J
F M A M J
J
15
16
A S O N D
J
F M A M J
17
J
A S O N D
10.0
5.0
0.0
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
19 19
16 16
15
15 17 17
17 17
16 16
15 15
12 12
16 16
13
13 15 15
15 15
14 14
17 17
19 19
18 18
23 23
21 21
19 19
18 18
25
25 31 31
31 31
28 28
31 31
30 30
28 28
30 30
24 24
22 22
20 20
24 24
25
25 27 27
27 27
26
26
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