Florida Market Viewpoint April 2017 - Page 23

Market Action Report Belleair City: Belleair Agent Name Market Action Report April 2017 Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Website Month Other $769,000 Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 1% 28% $1,416,679 Trending 4% versus*: 30% Month LM -16% L3M -7% PYM -3% LY $251,250 $769,000 1% 4% 0% 28% -4% $330,109 $1,416,679 4% 30% 59 -12% -17% $251,250 -16% -7% -3% -9% 20 82% 5% $330,109 4% 0% -4% -23% 56 -23% -16% -16% 59 -12% -17% $204 -2% -3% -24% 20 82% 5% $170 -8% -2% 1% 56 -23% -16% -16% -31% 3.0 -52% -46% -21% $204 -2% -3% -24% -1% $170 93.6% -8% -.7% -2% -.5% 1% .5% -5% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Current Listings April Average Sales Price 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 Inventory Asking Price per Supply Square of 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 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 30 4% 55 -37% -31% 67 -1% $211 55 0% -5% 67 $173 -8% -51% $211 5.3 6% 1.3% $173 94.0% -4% -1% 0% -22% -8% 6% -4% -17% -20% 2% 1% -3% -17% 2% -3% -12% 2% 3 Mo Avg 3 Mo Avg Prices The Median Sales Price in April was $251,250, down 3.0% from Prices $259,100 in April of 2016 and down 16.3% from $300,000 last The Median Sales Price Sales in April was in $251,250, down 3.0% from month. The Average Price April was $330,109, down 800 $259,100 in April of 2016 and down 16.3% $300,000 3.7% from $342,768 in April of 2016 and from up 3.6% from last 700 month. The Average Sales Price in April was $330,109, down $318,514 last month. April 2017 ASP was at a mid range 3.7% from $342,768 in April of 2016 and up 3.6% from 600 compared to April of 2016 and 2015. 14 0 5 5 10 10 15 15 20 20 14 15 800 Median Sales Price and 16 Average Sales Price Median Sales Price and Average Sales Price 700 8 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 0 $318,514 last month. April 2017 ASP was at a mid range compared to April of 2016 and 2015. $271,500 $331,288 Number of Properties Sold 25 were at their highest level compared to April of 2016 and 2015. April YTD sales of 55 are running equal to last year's year-to- date sales of 55. Trending versus*: 3.0 -52% -46% -21% -51% 5.3 -20% -12% Number of 94.0% Properties 93.6% -.7% -.5% .5% 1.3% 1% Sold 2% April Month's Supply of Inventory April Property sales were 20, up 5.3% from 19 in April of 2016 and 81.8% higher than the 11 sales last month. April 2017 sales Property Sales were at their highest level compared to April of 2016 and 2015. 30 April Property sales were 20, up 5.3% from 19 in April of 2016 April YTD sales of 55 are running equal to last year's year-to- and 81.8% higher than the 11 sales last month. April 2017 sales 25 date sales of 55. Trending versus*: Prior YTD Prior Year YTD Prior YTD 4% Prior Year -1% -9% YTD $271,500 -23% $331,288 -37% -22% City: Belleair April 2017 17 3 Mo Avg 3 Mo Avg 600 500 500 400 400 300 300 200 200 100 0 0 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 80 60 A comparatively lower MSI is more beneficial for sellers while a 40 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2017 MSI of 3.0 higher MSI is better for buyers. The April 2017 MSI of 3.0 months was at its lowest level compared with April of 2016 and 20 months was at its lowest level compared with April of 2016 and 2015. 0 2015. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI of Properties available for sale as of April The Total Inventory The Inventory of from Properties available for sale as of April from 71 120 was Total 59, down 11.9% 67 last month and down 16.9% 120 was 59, down 11.9% from 67 last month and down 16.9% from 71 in April of last year. April 2017 Inventory was at its lowest level 100 in compared April of last year. April 2017 Inventory with April of 2016 and 2015. was at its lowest level 100 compared with April of 2016 and 2015. 80 60 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 100 40 20 0 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N F M D A J M F M M J M J A J S J O J J A A M S J O J N A D S J O F N M D A J F M A 15 16 17 14 14 15 16 17 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es . c o m | 23 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Ar •„)½˜I1Q=IL°)I1Q=ILÍͽ¥…Ñ¥½¸)Ñ¡”A…±´ •…¡•Ì°)MÁ…”) ½…ÍЁÍͽ¥…Ñ¥½¸)½˜I0)‘½•Ì)¹½Ð¹½Ð)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”Ñ¡”)…ÕɅä)½˜Ñ¡¥Ì)%Ё¥ÌÑ¡”)½˜…¹ä½˜)‰Õå•È)͕±±•È½ÈÑ¼Í•±±•È)ٕɥ™äÑ¼…¹ä)…¹…¹ä)…±°¥¹™½Éµ…Ñ¥½¸)ɕ±•Ù…¹ÐÑ¼É•±•Ù…¹Ð)ÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÉ•…°)ÑɅ¹Í…Ñ¥½¸¸)‘½•Ì)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)…ÕɅä)½˜¥¹™½Éµ…Ñ¥½¸¸)Ñ¡¥Ì¥¹™½Éµ…Ñ¥½¸¸)%Ё¥ÌÉ•ÍÁ½¹Í¥‰¥±¥Ñä)Ñ¡”É•ÍÁ½¹Í¥‰¥±¥Ñä)…¹ä½È‰Õå•È)ٕɥ™ä)…¹…±°¥¹™½Éµ…Ñ¥½¸)ѼÍՍ ½¹ÍÕµ•ËŠeÌ)•ÍхєÑɅ¹Í…Ñ¥½¸¸