FL ARCHIVED January 2018 | Page 21

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

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
$ 305,000
2 %
13 %
Average List Price of all Current Listings
$ 497,159
1 %
9 %
January Median Sales Price
$ 205,000
-5%
-1%
14 %
-1%
$ 205,000
14 %
-1%
January Average Sales Price
$ 279,083
0 %
4 %
11 %
2 %
$ 279,083
11 %
2 %
Total Properties Currently for Sale ( Inventory )
4,779
2 %
-16%
January Number of Properties Sold
1,303 -26%
-10%
1,303
-10%
January Average Days on Market ( Solds )
63
15 %
11 %
-6%
9 %
63
-6%
9 %
Asking Price per Square Foot ( based on New Listings )
$ 198
0 %
1 %
9 %
5 %
$ 198
9 %
5 %
January Sold Price per Square Foot
$ 177
1 %
3 %
10 %
4 %
$ 177
11 %
4 %
January Month ' s Supply of Inventory
3.7
38 %
16 %
-6%
24 %
3.7
-6%
24 %
January Sale Price vs List Price Ratio
94.5 %
. 0 %
-. 2 %
. 2 %
-. 3 %
94.5 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
2,500 January Property sales were 1,303 , down 10.2 % from 1,451 in January of 2017 and 26.3 % lower than the 1,768 sales last Property month . January Sales 2018 sales were at a mid level compared to 2,5002,000
January January Property of 2017 sales and 2016 were . 1,303 January , down YTD 10.2 sales % from of 1,303 1,451 in are January running of 10.2 2017
% and behind
26.3 % last lower year than ' s year-to-date the 1,768 sales sales last of 1,451 . month . January 2018 sales were at a mid level compared to 2,0001,500 January of 2017 and 2016 . January YTD sales of 1,303 are running 10.2 % behind last year ' s year-to-date sales of 1,451 .
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
Prices The Median Sales Price in January was $ 205,000 , up 14.3 %
Prices from $ 179,400 in January of 2017 and down 4.7 % from The $ 215,000 Median last Sales month Price . in The January Average was Sales $ 205,000 Price , up in January 14.3 % was
300 from $ 279,083 $ 179,400 , up in 11.0 January % from of $ 2017 251,371 and in down January 4.7 % of from 2017 and up $ 215,000 last month . The Average Sales Price in January was
280 0.5 % from $ 277,797 last month . January 2018 ASP was at the $ 279,083 , up 11.0 % from $ 251,371 in January of 2017 and up 260 highest level compared to January of 2017 and 2016 . 0.5 % from $ 277,797 last month . January 2018 ASP was at the 240 highest level compared to January of 2017 and 2016 .
220 200 180 160 140 120 100
500
0
500
0
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
J
15
16
17
18
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
J
Median Sales Price and Average Sales Price
16
17
18
3 Mo Avg
Median Sales Price and Average Sales Price
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 1,419 1,572 1,578 1,768 1,303
F
15 300 280 260 240 220 200 180 160 140 120 100
1,516 1,923 1,992 1,916
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
J
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 4,779 of , up Properties 1.7 % from available 4,701 last for sale month as of and down
8,000
January
15.8 % from was 4,779 5,677 , up in 1.7 January % from of 4,701 last year last month . January and 2018 down
8,0007,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
15.8
Inventory % from 5,677 was at in its January lowest of level last compared year . January with 2018 January of 2017
7,0006,000
5.0
Inventory and 2016 was . at its lowest level compared with January of 2017 and 2016 .
6,000
5,000
5,000
4,000
4.0
4,000
3.0
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
2.0 higher MSI is better for buyers . The January 2018 MSI of 3.7
2,000 higher MSI is better for buyers . The January 2018 MSI of 3.7
2,000 months was at its lowest level compared with January of 2017
1,000
1.0 months was at its lowest level compared with January of 2017
1,000 and 2016 .
0 and 2016 .
0
0.0
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 J
F
M A 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
15
15
16
16
17
17
18
18
2,095
6,915 6,791 6,558 6,450 6,238 6,054 5,857 5,694 2,010 1,783 1,765 1,739 1,376 1,836 1,246 1,548 1,939 2,044 1,969
5,882 5,900 5,727 5,979 6,111 6,035 5,897 5,811 5,695 5,611 5,593 5,634 5,694 5,809 5,583 5,677 5,614 5,558 5,335 5,191 5,167 5,092 5,016
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
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 M J
J
A S O N D
J
15
16
17
18
6,915 6,791 6,558 6,450 6,238 6,054 5,857 5,694 5,882 5,900 5,727 5,979 6,111 6,035 5,897 5,811 5,695 5,611 5,593 5,634 5,694 5,809 5,583 5,677
4,954 4,879 4,948 4,701 4,779 1,419 1,572
5,614 5,558 5,335 5,191 5,167 5,092 5,016 4,954 4,879 4,948
1,578 1,768
4,701 4,779
1,303
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 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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