St . Petersburg Community Information | School District
St . Petersburg Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for July was 43 , down 12.2 % from 49 days last month and down 24.6 % from 57 days in July of last year . The July 2017 DOM was at its lowest level compared with July of 2016 and 2015 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The July 2017 Selling Price per Square Foot of $ 178 was down 0.8 % from $ 179 last month and up 20.8 % from 147 in July of last year .
Selling Price vs Original Listings Price |
The Selling Price vs Original Listing Price reveals the average |
amount that Sellers are agreeing to come down from their |
97 % |
original list price . The lower the ratio is below 100 % the more of |
96 % |
|
a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The July 2017 Selling Price vs Original List
Price of 95.9 % was up from 95.3 % last month and up from 94.6 %
|
95 %
94 %
|
in July of last year . |
93 % |
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in July 2017 was 697 , down 1.1 % from 705 last month and up 152.5 % from 276 in July of last year .
80 70 60 50 40 30 20 10 0
200 190 180 170 160 150 140 130 120 110 100
92 % 91 % 90 % 89 % 88 %
2,500
2,000
1,500
1,000
Days On Market for Sold Properties
59
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 |
|
Selling Price per Square Foot |
3 Mo Avg |
500
135
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 |
|
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.7 %
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 |
|
Inventory / New Listings / Sales |
1,946 1,915 1,980 1,973 1,966 1,927 1,906 1,836 1,757 1,710 1,642 1,625 1,602 1,590 1,605 1,630 1,587 1,587 1,631 1,586 1,544 1,461 1,517
1,205
1,318 1,423 1,496 1,551 1,522 1,602 1,589 1,519 1,466 1,396 1,385 1,323
57
147
94.6 %
3 Mo Avg
3 Mo Avg
43
J
178
J
95.9 %
J
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 |
|
J
34 | c o l d w e l l b a n k e r h o m e s . c o m