CLEARWATER BEACH
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 May was 51 , down 43.3 % from 90 days last month and down 78.7 % from 239 days in May of last year . The May 2018 DOM was at its lowest level compared with May of 2017 and 2016 .
600
500
400
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200
Days On Market for Sold Properties
239
3 Mo Avg
100 71
51
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 May 2018 Selling Price per Square Foot of $ 626 was up 22.9 % from $ 510 last month and up 61.2 % from 388 in May 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 May 2018 Selling Price vs Original List Price of 93.6 % was up from 90.8 % last month and up from 80.8 % in May of last year .
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Selling Price per Square Foot |
3 Mo Avg |
750 700 650 600 550 500 450 400 350
120 % 100 % 80 % 60 %
427
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388
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
97.5 % 80.8 %
3 Mo Avg
626
93.6 %
40 % 20 %
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 May 2018 was 12 , down 7.7 % from 13 last month and up 9.1 % from 11 in May of last year .
0 % 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
Inventory / New Listings / Sales
100 90 80 70 60 50 40 30 20 10 0 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
55 61
55
49 52 56
62 57 58 60 63 66 66 71 70 76 78 78 77 82 85 82 93 90 88
79
72 73 75 85 85
80 88
83 78 75
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