FL ARCHIVED September 2017 | Page 21

Market Action Report September 2017
Community Information | School District
Market Action Report September 2017

County : Pinellas

Price Range : All | 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
$ 299,700
2 %
15 %
Average List Price of all Current Listings
$ 494,653
2 %
14 %
September Median Sales Price
$ 217,000
3 %
1 %
16 %
19 %
$ 207,000
15 %
13 %
September Average Sales Price
$ 280,086
3 %
-1%
11 %
13 %
$ 275,477
12 %
12 %
Total Properties Currently for Sale ( Inventory )
4,637
-4%
-18%
September Number of Properties Sold
1,416 -23%
-20%
16,555
2 %
September Average Days on Market ( Solds )
55
6 %
2 %
0 %
-8%
58
-3%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 194
5 %
4 %
11 %
12 %
$ 186
9 %
8 %
September Sold Price per Square Foot
$ 174
2 %
0 %
13 %
14 %
$ 171
13 %
13 %
September Month ' s Supply of Inventory
3.3
24 %
13 %
3 %
-2%
2.9
-12%
-12%
September Sale Price vs List Price Ratio
94.8 %
-. 1 %
-. 3 %
. 0 %
. 4 %
94.8 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 September Property sales were 1,416 , down 19.8 % from 1,766 in September of 2016 and 22.7 % lower than the 1,833 sales last Property month . September Sales 2017 sales were at their lowest level 2,5002,000
September compared Property to September sales were of 2016 1,416 and , down 2015 19.8 . September % from 1,766 YTD in September sales of 16,555 of 2016 are and running
22.7 %
1.8 lower
% ahead than the of last 1,833 year sales
' s year-to-date last month . September 2017 sales were at their lowest level
2,0001,500 sales of 16,265 . compared to September of 2016 and 2015 . September YTD sales of 16,555 are running 1.8 % ahead of last year ' s year-to-date 1,5001,000 sales of 16,265 .
1,000
Prices The Median Sales Price in September was $ 217,000 , up 16.0 %
300
Prices from $ 187,000 in September of 2016 and up 3.3 % from The Median Sales Price in September was $ 217,000 , up 16.0 % 280 $ 210,000 last month . The Average Sales Price in September
300 from was $ 187,000 280,086 in , up September 10.6 % from of 2016 $ 253,177 and up in 3.3 September % from of 2016
260
280 $ and 210,000 up 2.9 last % month from $ . 272,212 The Average last month Sales Price . September in September 2017 ASP 240 was $ 280,086 , up 10.6 % from $ 253,177 in September of 2016
260 was at the highest level compared to September of 2016 and 220 and up 2.9 % from $ 272,212 last month . September 2017 ASP 240 2015 .
200 was at the highest level compared to September of 2016 and 220 180
2015 . 200
160 180
140
160 140
120
120 100 100

Pinellas Agent County

Name
Title Phone Website Other

Community Information | School District

500
0
500
0
1,667
Number of Properties Sold
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
J
A S
14
15
16
17
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
Median Sales Price and Average Sales Price
15
16
17
J
A S
3 Mo Avg
Median Sales Price and Average Sales Price
1,667 1,324 1,753 1,209 1,516 1,923 1,992 1,916 2,095 2,010 1,783 1,765 1,739 1,376 1,836 1,246 1,547 1,939 2,044 1,968 2,075 1,777 1,903 1,766 1,602 1,640 1,749 1,451 1,488 2,190 1,973 2,192 2,194 1,818 1,833 1,416
O N D
14
1,324 1,753 1,209
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
J
A S
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
September Total Inventory was 4,637 of Properties , down 4.5 available % from 4,853 for sale last month of and
8,000
September down 17.5 was % from 4,637 5,624 , down in 4.5 September % from 4,853 of last last year month . September and
8,0007,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
down 201717.5 Inventory % from was 5,624 at in its September lowest level of last compared year . September with September
7,0006,000
6.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with September
6,0005,000
5.0
of 2016 and 2015 .
5,0004,000
4.0
4,000
3,000
A comparatively lower MSI is more beneficial for sellers while
3.0
3,000 a
A comparatively lower MSI is more beneficial for sellers while a
2,000 higher MSI is better for buyers . The September 2017 MSI of 3.3
2,000
2.0 higher months MSI was is better at its highest for buyers level . The compared September with 2017
September MSI of 3.3 of
1,000
1.0 months was at its highest level compared with September of
1,000
2016 and 2015 .
0
2016 and 2015 .
0
0.0
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
J
A S
O
N D J
F M A 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
14
15
16
17
14
15
16
17
1,516 1,923 1,992 1,916
7,070 7,064 6,922 7,007 6,912 6,790 6,554 6,444 6,232 6,048 5,852 2,095 2,010 1,783
Number of Properties Sold
1,765 1,739 1,376 1,836 1,246 1,547 1,939 2,044 1,968
3 Mo Avg
3 Mo Avg
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
J
A S
14
15
16
17
7,070 7,064 6,922 7,007 6,912 6,790 6,554 6,444 6,232 6,048 5,852 5,688 5,876 5,894 5,721 5,972 6,102 6,025 5,885 5,800
5,688 5,876 5,894 5,721 5,972 6,102 6,025 5,885 5,800 5,685 5,601 5,583 5,624 5,683 5,797 5,567 5,660 5,594 5,535 5,308 5,158 5,117 5,013 4,853 4,637
2,075
5,685
5,601 1,777 1,903
5,583
5,624 1,766 1,602 1,640
5,683 5,797 5,567 1,749 1,451
5,660
5,594 1,488 2,190
5,535 5,308
1,973 2,192
5,158 5,117
2,194 5,013
3 Mo Avg
1,818 1,833
4,853 4,637
1,416
7.0 6.0 5.0 4.0
3.0 2.0 1.0 0.0
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 Assoc 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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