FL ARCHIVED January 2018 | Page 23

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

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
$ 712,250
-2%
6 %
Average List Price of all Current Listings
$ 1,340,176
30 %
6 %
January Median Sales Price
$ 450,000
70 %
37 %
66 %
41 %
$ 450,000
66 %
41 %
January Average Sales Price
$ 528,833
83 %
25 % 103 % 17 %
$ 528,833
103 %
17 %
Total Properties Currently for Sale ( Inventory )
66
6 %
-10%
January Number of Properties Sold
12
71 %
-20%
12
-20%
January Average Days on Market ( Solds )
130
160 % 51 %
73 %
53 %
130
73 %
53 %
Asking Price per Square Foot ( based on New Listings )
$ 292
35 %
17 %
71 %
32 %
$ 292
71 %
32 %
January Sold Price per Square Foot
$ 204
2 %
8 %
28 %
7 %
$ 204
28 %
7 %
January Month ' s Supply of Inventory
5.5 -38% -29% 13 %
-14%
5.5
13 %
-14%
January Sale Price vs List Price Ratio
92.8 % -13.2% -4.5% -1.9% -. 9 %
92.8 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales January Property sales were 12 , down 20.0 % from 15 in January of 2017 and 71.4 % higher than the 7 sales last month . January Property 2018 sales
Sales were at a mid level compared to January of 2017 and 30 January Property sales were 12 , down 20.0 % from 15 in January 2016 . January YTD sales of 12 are running 20.0 % behind last of 2017 and 71.4 % higher than the 7 sales last month . January year ' s year-to-date sales of 15 .
25
2018 sales were at a mid level compared to January of 2017 and 2016 . January YTD sales of 12 are running 20.0 % behind last
20 year ' s year-to-date sales of 15 .
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 January was $ 450,000 , up 65.7 %
Prices from $ 271,500 in January of 2017 and up 69.8 % from The $ 265,000 Median last Sales month Price . in The January Average was Sales $ 450,000 Price , up in January 65.7 % was 900 from $ 528,833 $ 271,500 , up in 102.6 January % from of 2017 $ 260,967 and up in 69.8 January % from of 2017 and up $ 265,000 last month . The Average Sales Price in January was 800 82.6 % from $ 289,586 last month . January 2018 ASP was at a $ 528,833 , up 102.6 % from $ 260,967 in January of 2017 and up 700 mid range compared to January of 2017 and 2016 . 82.6 % from $ 289,586 last month . January 2018 ASP was at a 600 mid range compared to January of 2017 and 2016 .
500
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of
The January Total Inventory was 66 , up of 6.5 Properties % from 62 available last month for sale and as down of 9.6 % January was 66 , up 6.5 % from 62 last month and down 9.6 % 120
from 73 in January of last year . January 2018 Inventory was at from its lowest 73 in January level compared of last year with . January 2018 of 2017 Inventory and 2016 was . at 100
its lowest level compared with January of 2017 and 2016 .
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 January 2018 MSI of 5.5 higher MSI is better for buyers . The January 2018 MSI of 5.5 months was at a mid level compared with January of 2017 and 20 months was at a mid level compared with January of 2017 and 2016
2016 .
. 0
10
5
0
400 300 200 100
0
5
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
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 S O N D
J
Median
16 Sales Price and Average
17 Sales Price
18
3 Mo Avg
900
800
Median Sales Price and Average Sales Price
3 Mo Avg
700
600
500
400
300
200
100
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
M15 A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
18
15
16
17
18
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
120
18.0
100
16.0
80
14.0
12.0
60
10.0
92
40
20
9 14 104
11 98
104
98 92 98 101 99
0 F M FA M J
15 15
13 98
9 14 11 13 14 6
14 101 90
M A M J
6 99 82
14 90
20
93 89
82 86
24 93
78 9 89
14 20 24 9 9 8
86 9 86 81
8 78 71
10
86 75
18
81
J A SJ OA NS DO JN FDM JA M J
16 16
19
68 68
13 22
10 18 19 13 22 12 9
12 9 15 11 11
71
73 75
73 68
76 68
69 73
70 73
73 76
66 69
68 70
F M A M J
15 11 11 13 15 9
13 73
15 66
62 61 62
J A S JO AN DS OJ
NF MD AJ
M J
17 17
9 68
11
67 62
20
F M A M J
21
11 20 21 19 6 8
19
11 67
6 8
63 61
58
62 61 63
63
62 58 66 61
9 7 7 12
8.0 6.0 4.0 2.0 0.0
J A S O N D J
J A S O N D J 18
11 63
9 62
7 66
18
7 12
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 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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