Florida Market Viewpoint April 2017 - Page 21

Market Action Report County: Pinellas Pinellas County Agent Name Market Action Report County: Pinellas April 2017 Title Phone Agent Name Website Title Other April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $299,999 Other Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 3% 20% $504,157 Trending 4% versus*: 19% Month LM 4% L3M 4% PYM 16% LY $203,500 $299,999 3% 6% 5% 20% 16% $277,943 $504,157 4,931 4% -8% 19% -16% $203,500 4% 4% 16% 11% 1,960 -11% -4% $277,943 6% 5% 16% 13% 62 0% -3% 2% 4,931 -8% -16% $196 7% 5% 16% 1,960 -11% -4% $171 4% 3% 14% 62 0% -3% 2% 3% $196 2.5 7% 3% 5% -13% 16% -12% 13% 94.7% .2% .3% $171 4% 3% 14% .3% 13% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) April Median Sales Price April Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sold Sale Price Price per vs Square List Price April Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory April 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 Trending versus*: Prior YTD 14% Prior Year 7% 11% YTD $195,000 13% $265,218 13% 7% $195,000 14% 7,089 $265,218 13% 7% 5% 7% 0% 11% 14% 7% -15% 8% 0% 9% 3% 64 13% $187 7,089 5% 13% $166 64 0% -24% $187 3.1 11% .3% $166 94.5% 14% 7% 8% 9% -6% 0% 2.5 3% -13% -12% -24% 3.1 -15% -6% of 94.5% Properties 94.7% .2% .3% .3% Number .3% 0% Sold 0% 2,500 April Property sales were 1,960, down 4.1% from 2,044 in April of 2016 and 10.5% lower than the 2,190 sales last month. April Property 2017 sales Sales were at their lowest level compared to April of 2016 2,500 2,000 April sales were 1,960, down 4.1% from 2,044 in ahead April of and Property 2015. April YTD sales of 7,089 are running 4.6% of last 2016 and year-to-date 10.5% lower than year's sales the of 2,190 6,775. sales last month. April 2,000 1,500 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 7,089 are running 4.6% ahead of last year's year-to-date sales of 6,775. Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 3 Mo Avg 1,500 1,000 Prices The Median Sales Price in April was $203,500, up 16.3% from Prices $175,000 in April of 2016 and up 4.4% from $195,000 last The Median Sales Price Sales in April was in $203,500, 16.3% from month. The Average Price April was up $277,943, up 300 $175,000 in April of 2016 in and up of 4.4% from last 15.8% from $240,013 April 2016 and $195,000 up 6.4% from month. The last Average Sales Price in April up level 280 $261,222 month. April 2017 ASP was was $277,943, at the highest 260 15.8% from $240,013 April and of 2016 and up 6.4% from compared to April of in 2016 2015. $261,222 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 240 220 200 180 160 140 120 100 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 14 15 16 17 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 14 300 280 260 240 220 200 180 160 140 120 100 Median Sales Price and Average Sales Price 16 15 Median Sales Price and Average Sales Price 17 3 Mo Avg 3 Mo Avg 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 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 0 7.0 6.0 5.0 The Total Inventory Inventory & MSI of Properties available for sale as of April 8,000 The Inventory of Properties available for sale as down of April was Total 4,931, down 8.2% from 5,369 last month and 16.0% was 4,931, down 8.2% of from month down 16.0% from 5,868 in April last 5,369 year. las