FL ARCHIVED July 2017 | Page 31

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

City : St Pete Beach

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
$ 429,000
7 %
-9%
Average List Price of all Current Listings
$ 759,040
8 %
22 %
July Median Sales Price
$ 389,000
-5%
0 %
10 %
13 %
$ 360,000
6 %
5 %
July Average Sales Price
$ 466,102
-29% -12%
1 %
9 %
$ 491,359
16 %
14 %
Total Properties Currently for Sale ( Inventory )
131 -14%
9 %
July Number of Properties Sold
35 -15%
-3%
246
2 %
July Average Days on Market ( Solds )
86
-1%
12 %
4 %
4 %
76
4 %
-8%
Asking Price per Square Foot ( based on New Listings )
$ 380
-5%
-4%
30 %
10 %
$ 370
14 %
8 %
July Sold Price per Square Foot
$ 391
-0%
8 %
27 %
29 %
$ 344
15 %
14 %
July Month ' s Supply of Inventory
3.7
0 %
8 %
12 %
-27%
4.9
5 %
-4%
July Sale Price vs List Price Ratio
94.1 %
2.1 %
. 8 %
-. 1 %
. 5 %
93.2 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales July Property sales were 35 , down 2.8 % from 36 in July of 2016 and 14.6 % lower than the 41 sales last month . July 2017 sales Property were at a mid Sales level compared to July of 2016 and 2015 . July 60
July YTD Property sales of sales 246 are were running 35 , down 2.5 2.8 %% ahead from of 36 last in July year of ' s 2016 year-todate and
14.6 sales
% lower of 240 than . the 41 sales last month . July 2017 sales
50 were at a mid level compared to July of 2016 and 2015 . July YTD sales of 246 are running 2.5 % ahead of last year ' s year-todate sales of 240
40 .

St . Pete Agent Beach

Name
Title Phone Website Other

Community Information | School District

30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
20
10
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
29 29 28 29 35 19 23 32 47 36 28 32 25 33 21 23 31 21 27 38 39 40 39 36 37 18 21 22 31 21 24 40 34 51 41 35
135
29 29 28 29 35 19
10
J
0
A
Prices
14
The Median Sales Price in July was $ 389,000 , up 9.9 % from
Prices
700
$ 354,000 in July of 2016 and down 5.1 % from $ 410,000 last
The month Median . The Sales Average Price Sales in July Price was $ in 389,000 July was , up $ 466,102 9.9 % from , up 1.5 %
650
700
$ from 354,000 $ 459,229 in July in of 2016 July of and 2016 down and 5.1 down % from 28.8 $ 410,000 % from last $ 654,799
600 month . The Average Sales Price in July was $ 466,102 , up 1.5 %
650 last month . July 2017 ASP was at the highest level compared to
550 from $ 459,229 in July of 2016 and down 28.8 % from $ 654,799
600
July of 2016 and 2015 .
500 last month . July 2017 ASP was at the highest level compared to
550
450
July of 2016 and 2015 .
500
400
450
350
400
350
300
3 Mo Avg
3 Mo Avg
300
250
250
200
200
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
A
S
14 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 A17M 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 131 , Inventory down 14.4 of % Properties from 153 last available month for and sale up as 9.2 of % July from 120 was in July 131 , down of last 14.4 year %. from July 153 2017 last Inventory month and was up at 9.2 a % mid from level 120
200 in compared July of last with year July . July of 2017 2016 Inventory and 2015 was . at a mid level compared with July of 2016 and 2015 .
150
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
6.0
100
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
July 2017 for sellers
MSI of while
3.7 a higher MSI is better for buyers . The July 2017 MSI of 3.7
50 months was at a mid level compared with July of 2016 and 2015 . months was at a mid level compared with July of 2016 and 2015 .
0
100
5.0
4.0
50
3.0
2.0
1.0
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
J
23 32 47
126
128 135
131 126
138 128
131 150
149 138
148 150
145 149 140 148
135 145
134 140
127
135 135
134
128 127
131
135 134 128 150
131 168
134 167
151 150
36 28 32 25 33 21 23 31 21
168 27
155 167 148
38 151 120
39 155 114
40 148 132
39
120 137 36 152 114
37
146 132 18 21 22 31 167
21 167
167
137 167 152 172 146 161
151 153
24 172 131
40 161
34 151
51 153
41
131 35
9.0 8.0 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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