FL ARCHIVED May 2018 | Page 40

Market Action Report May 2018

PINELLAS County : Pinellas COUNTY

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,495,000
-0%
-5%
Average List Price of all Current Listings
$ 1,944,548
0 %
-1%
May Median Sales Price
$ 1,475,000
14 %
11 %
13 %
8 %
$ 1,350,000
-2%
-1%
May Average Sales Price
$ 1,751,017
24 %
7 %
16 %
8 %
$ 1,626,034
-2%
1 %
Total Properties Currently for Sale ( Inventory )
456
-3%
-4%
May Number of Properties Sold
47
-2%
-4%
210
15 %
May Average Days on Market ( Solds )
99
1 %
-19% -37% -35%
130
-5%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 500
1 %
2 %
6 %
4 %
$ 482
-3%
0 %
May Sold Price per Square Foot
$ 486
17 %
10 %
13 %
7 %
$ 446
-4%
-2%
May Month ' s Supply of Inventory
9.7
-1%
1 %
-0%
-32%
11.7
-18%
-18%
May Sale Price vs List Price Ratio
92.8 %
2.7 % 2.3 % 5.1 % 2.0 %
90.6 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales May Property sales were 47 , down 4.1 % from 49 in May of 2017 and 2.1 % lower than the 48 sales last month . May 2018 sales were at a mid level compared to May of 2017 and 2016 . May Property YTD sales of Sales 210 are running 14.8 % ahead of last year ' s year-todate Property sales of 183 sales . were 47 , down 4.1 % from 49 in May of 2017
May and 2.1 % lower than the 48 sales last month . May 2018 sales were at a mid level compared to May of 2017 and 2016 . May YTD sales of 210 are running 14.8 % ahead of last year ' s year-todate sales of 183 .
Prices The Median Sales Price in May was $ 1,475,000 , up 13.5 % from $ 1,300,000 in May of 2017 and up 13.5 % from $ 1,299,500 last month . The Average Sales Price in May was $ 1,751,017 , up
Prices 15.6 % from $ 1,514,897 in May of 2017 and up 23.7 % from The $ 1,416,051 Median last Sales month Price . in May May 2018 was ASP $ 1,475,000 was at the , up highest 13.5 % from level $ compared 1,300,000 to in May of of 2017 and and 2016 up 13.5 . % from $ 1,299,500 last month . The Average Sales Price in May was $ 1,751,017 , up 15.6 % from $ 1,514,897 in May of 2017 and up 23.7 % from $ 1,416,051 last month . May 2018 ASP was at the highest level compared to May of 2017 and 2016 .
70
Number of Properties Sold
3 Mo Avg
60
80
50
70
40
60
30
50
20
40
10
30
0
20
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 A M
10
15
16
17
18
0
Median Sales Price and Average Sales Price
3 Mo Avg
2,000J
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 A M
15
1,900
16
17
18
1,800
Median Sales Price and Average Sales Price
2,000 1,700
1,900 1,600
1,800 1,500
1,700 1,400
1,600 1,300
1,500 1,200
1,400 1,100
1,300 1,200
36
36 26 16 27 26 20 22 25 29 31 35 22 47 30 31 32 23 24 21 30 36 33 35 49 67 40 33 30 29 20 30 32 31 52 48 47
Inventory & MSI
The Total Inventory of Properties available for sale as of May was 456 , down 3.4 % from 472 last month and down 4.4 % from
1,100
600
J
15
J
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
16
17
18
25.0
477 in May of last year . May 2018 Inventory was at a mid level
Inventory compared with & MSI May of 2017 and 2016 .
500
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
The Total Inventory of Properties available for sale as of May was 456 , down 3.4 % from 472 last month and down 4.4 % from
477 in May of last year . May 2018 Inventory was at a mid level compared
A comparatively with May lower of 2017 MSI and is more 2016 beneficial . for sellers while a
400
600
300
500
200
15.0
25.0
10.0
20.0
higher MSI is better for buyers . The May 2018 MSI of 9.7 months was at its lowest level compared with May of 2017 and
2016 .
A comparatively lower MSI is more beneficial for sellers while a
400
100
300
0
200
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 A M
5.0
15.0
0.0
10.0
higher MSI is better for buyers . The May 2018 MSI of 9.7 months was at its lowest level compared with May of 2017 and
100
15
16
17
18
5.0
2016 .
0
0.0
ORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estate ac
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 A M
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15
16
17
18
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 REAL
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 .
399 26 391
16 366
Agent Name
Title Phone 80
399
Website Other
27 358
26 418
20 423
22 405
25 412
29 430
31 440
35
454 22
434
Number of Properties Sold
47
441 437
30 434
31 439
32 462
23 475
24 479
21 508
30 533
36 508
33 503
35 477
49 472
67 453
40 431
33 428
30 444
29
470 20
466 30
471 473
32 476
31 472
52
3 Mo Avg
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 A M
15
16
17
18
391 366 358 418 423 405 412 430 440 454 434 441 437 434 439 462 475 479 508 533 508 503 477 472 453 431 428 444 470 466 471 473 476 472
3 Mo Avg
Coldwell Banker Global Luxury ® | 21
456
456 48 47