FL ARCHIVED July 2017 | Page 21

Market Action Report July 2017
Community Information | School District
Market Action Report July 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
$ 299,900
1 %
16 %
Average List Price of all Current Listings
$ 501,264
3 %
17 %
July Median Sales Price
$ 214,000
-3%
0 %
13 %
17 %
$ 205,000
14 %
12 %
July Average Sales Price
$ 280,033
-6%
-2%
9 %
13 %
$ 275,457
13 %
12 %
Total Properties Currently for Sale ( Inventory )
4,727
-6%
-16%
July Number of Properties Sold
1,817 -17%
2 %
13,304
6 %
July Average Days on Market ( Solds )
53
-2%
-5% -12% -12%
59
-3%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 185
-2%
-2%
7 %
7 %
$ 186
10 %
8 %
July Sold Price per Square Foot
$ 173
-3%
-1%
10 %
14 %
$ 171
14 %
13 %
July Month ' s Supply of Inventory
2.6
14 %
8 %
-17% -22%
2.9
-15%
-14%
July Sale Price vs List Price Ratio
95.4 %
. 2 %
. 3 %
. 6 %
1.0 %
94.8 %
1 %
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 July Property sales were 1,817 , up 2.3 % from 1,777 in July of 2016 and 17.2 % lower than the 2,194 sales last month . July 2017 Property sales were Sales at a mid level compared to July of 2016 and 2015 . 2,5002,000
July July Property YTD sales sales of were 13,304 1,817 are , up running 2.3 % from 5.6 % 1,777 ahead in July of last of year ' s 2016 year-to-date and 17.2 % sales lower of than 12,596 the .
2,194 sales last month . July 2017 sales were at a mid level compared to July of 2016 and 2015 . 2,0001,500 July YTD sales of 13,304 are running 5.6 % ahead of last year ' s year-to-date sales of 12,596 .
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 July was $ 214,000 , up 12.6 % from
Prices $ 190,000 in July of 2016 and down 2.7 % from $ 220,000 last The month Median . The Sales Average Price Sales in July Price was $ in 214,000 July was , up $ 280,033 12.6 % from , up 8.7 %
300
$ from 190,000 $ 257,550 in July in of July 2016 of and 2016 down and 2.7 down % from 6.2 $ % 220,000 from $ 298,562 last month . The Average Sales Price in July was $ 280,033 , up 8.7 %
280 last month . July 2017 ASP was at the highest level compared to from $ 257,550 in July of 2016 and down 6.2 % from $ 298,562 260 July of 2016 and 2015 . last month . July 2017 ASP was at the highest level compared to 240 July of 2016 and 2015 .
220 200 180 160 140 120 100
500
0
500
0
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 M J
14
15
16
17
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 M J
Median Sales Price and Average Sales Price
15
16
17
J
Median Sales Price and Average Sales Price
1,615 1,543 1,667 1,324 1,753 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 1,547 1,939 2,044 1,968 2,075 1,777 1,903 1,766 1,602 1,640 1,749 1,451 1,488 2,189 1,973 2,192 2,194 1,817
A
14 300 280 260 240 220 200 180 160 140 120 100
1,615 1,543 1,667 1,324
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 M J
J
14
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 July
The was Total 4,727 Inventory , down 5.7 of % Properties from 5,012 available last month for sale and as down of July 15.5 %
8,000 was from 4,727 5,595 , down in July 5.7 % of from last 5,012 year . last July month 2017 and Inventory down 15.5 was % at its
8,0007,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
from lowest 5,595 level in compared July of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest level compared with July of 2016 and 2015 .
7,0006,000
6,000
5,000
6.0
5.0
5,000
4,000
4.0
4,000
3,000
A comparatively lower MSI is more beneficial for sellers while
3.0
3,000 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
July 2017 for sellers
MSI of while
2.6 a
2,000
2.0 higher MSI is better for buyers . The July 2017 MSI of 2.6
2,000 months was at its lowest level compared with July of 2016 and
1,000 months was at its lowest level compared with July of 2016 and
1,000
1.0
2015 .
0
2015 .
0
0.0
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 M 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
14
14
15
15
16
16
17
17
1,753 1,209 1,516 1,923 1,992 1,916 2,095
6,957 6,920 7,070 7,064 6,922 7,007 6,912 6,790 6,554 6,444 6,232 6,048 5,852 5,688 2,010 1,783 1,765 1,739 1,376 1,836 1,246 1,547 1,939 2,044
3 Mo Avg
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 M J
14
15
16
17
6,957 6,920 7,070 7,064 6,922 7,007 6,912 6,790 6,554
5,876 5,894 5,721 5,972 6,101 6,024 5,884 5,796 5,680 5,595 5,577 5,618 5,675 5,787 5,555 5,646 5,580 5,515 5,282 5,113 5,012 4,727
1,968 2,075
6,444 6,232 6,048 5,852 5,688 5,876 5,894 5,721 5,972 6,101 6,024 5,884 5,796 5,680 5,595 1,777 1,903 1,766 1,602 1,640 1,749 1,451 1,488 2,189 1,973
5,577 5,618 5,675 5,787 5,555 5,646 5,580 5,515 5,282 5,113
2,192 2,194
5,012 4,727
1,817
J
3 Mo Avg
J
J
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 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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