FL ARCHIVED September 2017 | Page 33

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

City : St Petersburg

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
$ 254,900
4 %
13 %
Average List Price of all Current Listings
$ 434,364
5 %
19 %
September Median Sales Price
$ 185,500
0 %
-5%
12 %
12 %
$ 187,450
17 %
14 %
September Average Sales Price
$ 280,398
11 %
1 %
12 %
23 %
$ 261,897
16 %
15 %
Total Properties Currently for Sale ( Inventory )
1,328
-4%
-7%
September Number of Properties Sold
407 -27%
-9%
5,042
6 %
September Average Days on Market ( Solds )
49
4 %
4 %
-8%
-13%
51
-11%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 193
8 %
5 %
8 %
16 %
$ 182
12 %
9 %
September Sold Price per Square Foot
$ 175
1 %
0 %
16 %
18 %
$ 170
16 %
14 %
September Month ' s Supply of Inventory
3.3
31 %
18 %
2 %
11 %
2.7
-6%
-8%
September Sale Price vs List Price Ratio
94.6 %
-. 5 %
-. 7 %
-. 2 %
. 2 %
94.9 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
800
September Property sales were 407 , down 8.9 % from 447 in
September of 2016 and 26.5 % lower than the 554 sales last
700
Property month . September Sales 2017 sales were at their lowest level
800
September compared Property to September sales were of 2016 407 , and down 2015 8.9 .% September from 447 in YTD
September of 2016 and 26.5 % lower than the 554 sales last
700 sales of 5,042 are running 5.6 % ahead of last year ' s year-to-date month sales
. of September 4,775 .
2017 sales were at their lowest level
600 compared to September of 2016 and 2015 . September YTD
600
500
400
sales of 5,042 are running 5.6 % ahead of last year ' s year-to-date sales of 4,775 .
500
400
300
200
300
100
200
0
100
0
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
15
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
16
17
J
A S
3 Mo Avg
Median Sales Price and Average Sales Price
533 406 555 374 485 593 589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 475 505 447 436 446 586 449 468 664 598 693 653 556 554 407
O N D 14
Prices The Median Sales Price in September was $ 185,500 , up 12.4 %
300
Prices from $ 165,000 in September of 2016 and up 0.3 % from The Median Sales Price in September was $ 185,500 , up 12.4 % 280 $ 185,000 last month . The Average Sales Price in September
300 from was $ 165,000 280,398 in , up September 12.3 % from of 2016 $ 249,582 and up in 0.3 September % from of 2016
260
280 $ and 185,000 up 10.7 last % month from . $ The 253,342 Average last Sales month Price . September in September 2017 ASP 240 was $ 280,398 , up 12.3 % from $ 249,582 in September of 2016
260 was at the highest level compared to September of 2016 and 220 and up 10.7 % from $ 253,342 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

St . Petersburg

Agent Name
Title Phone Website Other

Community Information | School District

533 406 555 374 485
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 1,328 of Properties , down 4.0 available % from 1,384 for sale last month of and
2,500
September down 6.7 % was from 1,328 1,423 , down in September 4.0 % from 1,384 of last last year month . September and
2,500
2,000 down 20176.7 Inventory % from 1,423 was at in its September lowest level of last compared year . September with September
2,000
2017 of 2016 Inventory and 2015 was . at its lowest level compared with September
1,500 of 2016 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
A higher comparatively
MSI is better lower for MSI buyers is more
. The beneficial
September for sellers
2017 while MSI a of 3.3 higher months MSI was is better at its highest for buyers level . The compared September with 2017
September MSI of 3.3 of
500 months was at its highest level compared with September of
2016 and 2015 .
2016 and 2015 .
0
2.0
500
1.0
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
593 589 560
1,980 1,973 1,966 1,927 1,906 1,836 1,757 1,710 1,642 1,625
628 601 537
Number of Properties Sold
510 535 403 551 384 503 572 652 604 633
1,602 1,590 1,605 1,630 1,587 1,587 1,631 1,586 1,544 1,461 1,517 1,205 1,318 1,423
1,205 1,496
475 505 447 436 446 586
1,318 1,551 1,522
1,602 1,590 1,520 1,468
449 468 664
3 Mo Avg
598
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
1,980 1,973 1,966 1,927 1,906 1,836 1,757 1,710 1,642 1,625 1,602 1,590 1,605 1,630 1,587 1,587 1,631 1,586 1,544 1,461 1,517
1,423 1,496 1,551 1,522 1,602 1,590 1,520 1,468
1,402 1,408 1,413 1,384 1,328
693
1,402 1,408
653 1,413
3 Mo Avg
556 554
1,384 1,328
407
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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