FL ARCHIVED March 2018 | Page 54

Community Information | School District
Market Action Report March 2018

City : Clearwater Beach Price Range : All | Properties : SFH - Con

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 March was 184 , up 24.3 % from 148 days last month and up 67.3 % from 110 days in March of last year . The March 2018 DOM was at a mid level compared with March of 2017 and 2016 .
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 March 2018 Selling Price per Square Foot of $ 364 was up 10.2 % from $ 330 last month and up 11.6 % from 326 in March 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 original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The March 2018 Selling Price vs Original List Price of 92.2 % was down from 92.9 % last month and down from 93.5 % in March of last year .

Clearwater Agent NameBeach

Title Phone Website Other

Community Information | School District

Days On Market for Sold Properties
200
184
180
160
140
122
120
110
100
80
60
40
20
0
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
15
16
17
18
Selling Price per Square Foot
3 Mo Avg
400 390 380 370 360 350 340 330 320 310 300
98 % 96 % 94 % 92 % 90 % 88 % 86 %
355
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
15
16
17
18
326
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.0 %
93.5 %
3 Mo Avg
3 Mo Avg
364
92.2 %
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 March 2018 was 57 , down 23.0 % from 74 last month and down 33.7 % from 86 in March of last year .
84 %
400 350 300 250 200 150 100 50 0
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
15
16
17
18
Inventory / New Listings / Sales
292 281 266 274 274 261 265 284 273
299 316 317 322 327 312 327 318 323 331 337 337 347 342 346 362 353 337 307 301 290 288 298 290 302 306
287
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
15
16
17
18
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 Association of REALTORS 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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