FL ARCHIVED May 2018 | Page 60

Market Action Report May 2018

ST City :. St PETE Pete Beach BEACH

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
$ 1,850,000
9 %
-10%
Average List Price of all Current Listings
$ 2,111,080
2 %
-5%
May Median Sales Price
$ 1,185,000
-1% -23% -9%
-7%
$ 1,518,750
10 %
19 %
May Average Sales Price
$ 1,453,333
4 %
-13% -6%
-5%
$ 1,648,965
12 %
7 %
Total Properties Currently for Sale ( Inventory )
25
0 %
4 %
May Number of Properties Sold
3 -57%
-25%
18
100 %
May Average Days on Market ( Solds )
37 -63% -60% -84% -69%
88
-28%
-27%
Asking Price per Square Foot ( based on New Listings )
$ 634
-18%
2 %
-11%
18 %
$ 605
-6%
12 %
May Sold Price per Square Foot
$ 544
-0%
7 %
19 %
17 %
$ 499
5 %
8 %
May Month ' s Supply of Inventory
8.3
133 % 26 %
39 %
-28%
10.2
-38%
-12%
May Sale Price vs List Price Ratio
111.8 %
26.5 % 19.9 % 38.5 % 26.8 %
93.1 %
7 %
6 %
* 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 3 , down 25.0 % from 4 in May of 2017 and 57.1 % lower than the 7 sales last month . May 2018 sales were at a mid level compared to May of 2017 and 2016 . May Property YTD sales of Sales 18 are running 100.0 % ahead of last year ' s year-todate Property sales of 9 sales . were 3 , down 25.0 % from 4 in May of 2017
May and 57.1 % lower than the 7 sales last month . May 2018 sales were at a mid level compared to May of 2017 and 2016 . May YTD sales of 18 are running 100.0 % ahead of last year ' s year-todate sales of 9 .
Prices The Median Sales Price in May was $ 1,185,000 , down 8.7 % from $ 1,297,500 in May of 2017 and down 1.3 % from $ 1,200,000 last month . The Average Sales Price in May was
Prices $ 1,453,333 , down 6.4 % from $ 1,553,125 in May of 2017 and up The 4.5 % Median from $ Sales 1,391,268 Price last in May month was . $ May 1,185,000 2018 ASP , down was 8.7 at % a mid from range $ 1,297,500 compared in to May of 2017 and 2016 down . 1.3 % from $ 1,200,000 last month . The Average Sales Price in May was $ 1,453,333 , down 6.4 % from $ 1,553,125 in May of 2017 and up 4.5 % from $ 1,391,268 last month . May 2018 ASP was at a mid range compared to May of 2017 and 2016 .
7
Number of Properties Sold
3 Mo Avg
6
8
5
7
4
6
3
5
2
4
1
3
0
2
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
1
15
16
17
18
0
Median Sales Price and Average Sales Price
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
3,500
16
17
18
3,000
Median Sales Price and Average Sales Price
3 Mo Avg
5
3,500 2,500
3,000 2,000
2,500 1,500
1 2
Agent Name 8
Title Phone Website Other
0 0 1 0 1 1 2 0 1
Number of Properties Sold
2 2 1 0 2 0 1 1 0 2 2 4 7 3 3 0 0 0 3 1 4
3 Mo Avg
3 7 3
5 1 2 0 0 1 0 1 1 2 0 1 2 2 1 0 2 0 1 1 0 2 2 4 7 3 3 0 0 0 3 1 4 3 7 3
2,000 1,000 1,500
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
Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of May was 25 , equal to 25 last month and up 4.2 % from 24 in May of
1,000
35
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
35.0
last year . May 2018 Inventory was at its highest level compared
30
30.0
Inventory with May of 2017 & MSI and 2016 .
The Total Inventory of Properties available for sale as of May was 25 , equal to 25 last month and up 4.2 % from 24 in May of
25
35
20
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
35.0
last year . May 2018 Inventory was at its highest level compared
30
15
15.0
30.0
with
A comparatively May of 2017 and lower 2016 MSI . is more beneficial for sellers while a
25
10 higher MSI is better for buyers . The May 2018 MSI of 8.3 months was at a mid level compared with May of 2017 and 2016 .
205
10.0
25.0
5.0
20.0
150
0.0
15.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2018 MSI of 8.3 months was at a mid level compared with May of 2017 and 2016 .
10
5
J
J
15
A S O N D J
F M A M J
16
J
A S O N D J
F M A M J
17
J
A S O N D J
F M A M
18
10.0
5.0
0
0.0
J
J
A S O N D J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15
16
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional
J MLS
A S O N D J
F M A M J
17 , Naples Area Board of REALTORS , REALTORS
J
A S O N D J
F M A M
18 Association of the Palm Beaches , Space
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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16 16
13
13 15 15
15 15
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17 17
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18 18
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18 18
25
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31 31
28 28
31 31
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28 28
30 30
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25 25
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25
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24 25 25
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