FL ARCHIVED September 2017 | Page 23

Market Action Report Belleair City: Belleair Agent Name September 2017 Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Website Month $774,200 Other LM Trending versus*: L3M PYM LY 1% 5% $1,211,354 Trending -7% versus*: -10% Month LM -43% L3M -12% PYM 75% LY $356,000 $774,200 1% 5% $370,847 -58% -35% -36% $1,211,354 -7% 52 -12% -10% -29% $356,000 -43% -12% 75% 29% 11 38% -27% $370,847 -58% -35% -36% -13% 90 -17% -10% -38% 52 -12% -29% $185 -1% -9% -16% 11 38% -27% $188 -23% -9% 3% 90 -17% -10% -38% 11% $185 4.7 -1% -36% -9% -39% -16% -3% -11% 93.4% 6.3% 3.5% $188 -23% -9% 3% 4.1% 5% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date September Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 900 800 700 600 500 400 300 200 100 0 60 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 Inventory & MSI A comparatively lower MSI is more beneficial for sellers while a 3 Mo Avg O N 14 D J F 15 M A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 M J J A S 14 15 16 17 Inventory & MSI of Properties available for sale as of The Total Inventory 120 The Total Inventory Properties as of and down September was 52, of down 11.9% available from 59 for last sale month 120 September was 73 52, 11.9% from 59 year. last month and down 28.8% from in down September of last September 2017 100 28.8% from was 73 in at September last compared year. September 2017 Inventory its lowest of level with September of 100 80 Inventory at its lowest level compared with September of 2016 and was 2015. 80 2016 and 2015. 60 40 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2017 MSI of 4.7 higher MSI is better for buyers. The September 2017 MSI of 4.7 months was at a mid level compared with September of 2016 20 months was at a mid level compared with September of 2016 and 2015. 0 and 2015. Median Sales Price and Average Sales Price Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 40 20 0 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 500 400 300 200 100 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 Median Sales 14 15 16 Price and Average Sales 17 Price 3 Mo Avg ASP was at the lowest level compared to September of 2016 and 2015. 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 The Median Sales Price in September was $356,000, up 74.9% Prices from $203,500 in September of 2016 and down 42.8% from The Median last Sales Price in The September $356,000, 74.9% $622,500 month. Average was Sales Price in up September 900 from September 2016 $582,113 and down from of 2016 was $203,500 $370,847, in down 36.3% of from in 42.8% September 800 $622,500 last month. The Average Sales Price in September and down 58.2% from $887,488 last month. September 2017 700 was $370,847, down 36.3% from $582,113 in September of 2016 ASP was at the lowest level compared to September of 2016 and and down 58.2% from $887,488 last month. September 2017 600 2015. 0 5 5 10 10 15 15 Prices 3 Mo Avg 20 20 0 3 Mo Avg Number of Properties Sold 25 compared to September of 2016 and 2015. September YTD sales of 120 are running 4.8% behind last year's year-to-date sales of 126. 5% 1% 7% -7% 0% 30 September Property sales were 11, down 26.7% from 15 in September of 2016 and 37.5% higher than the 8 sales last Property Sales 2017 sales were at their lowest level 30 month. September September Property sales were 11, down 26.7% from 15 in compared to September of 2016 and 2015. September YTD September of 2016 and 37.5% higher than the 8 sales last sales of 120 are running 4.8% behind last year's year-to-date 25 month. September 2017 sales were at their lowest level sales of 126. 15% -5% 8% 0% -3% 8% 5% -6% 1% 1% 7% 4.7 -36% -39% -3% -22% 5.6 -6% -7% Number of 92.6% Properties 93.4% 6.3% 3.5% 4.1% 1.1% 1% Sold 0% September Month's Supply of Inventory Septem