FL ARCHIVED August 2017 | Page 21

Market Action Report August 2017
Community Information | School District
Market Action Report August 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
$ 299,900
2 %
15 %
Average List Price of all Current Listings
$ 499,078
2 %
16 %
August Median Sales Price
$ 211,625
-1%
-2%
11 %
16 %
$ 206,000
14 %
13 %
August Average Sales Price
$ 272,558
-3%
-4%
10 %
10 %
$ 275,082
12 %
11 %
Total Properties Currently for Sale ( Inventory )
4,596
-7%
-18%
August Number of Properties Sold
1,828
1 %
-4%
15,134
4 %
August Average Days on Market ( Solds )
52
-2%
-4%
-7%
-13%
59
-2%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 187
2 %
1 %
8 %
8 %
$ 186
9 %
8 %
August Sold Price per Square Foot
$ 170
-1%
-3%
10 %
12 %
$ 171
13 %
13 %
August Month ' s Supply of Inventory
2.5
-7%
-0% -14% -24%
2.8
-14%
-15%
August Sale Price vs List Price Ratio
94.9 %
-. 5 % -. 3 % -. 1 %
. 5 %
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 August Property sales were 1,828 , down 3.9 % from 1,903 in August of 2016 and 0.6 % higher than the 1,818 sales last month . Property August 2017 Sales sales were at a mid level compared to August of 2,5002,000
August 2016 and Property 2015 . sales August were YTD 1,828 sales , down of 15,134 3.9 % from are running 1,903 4.4 % August ahead of of 2016 last year and
' 0.6 s year-to-date
% higher than sales the of 1,818
14,499 sales
. last month . August 2017 sales were at a mid level compared to August of 2,0001,500 2016 and 2015 . August YTD sales of 15,134 are running 4.4 % ahead of last year ' s year-to-date sales of 14,499 .
1,5001,000

Pinellas Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
Prices The Median Sales Price in August was $ 211,625 , up 11.4 % from
Prices $ 189,900 in August of 2016 and down 1.1 % from $ 214,000 last The month Median . The Sales Average Price Sales in August Price was in August $ 211,625 was , up $ 11.4 272,558 % from , up
300
$ 9.7 189,900 % from in $ August 248,396 of 2016 in August and down of 2016 1.1 % and from down $ 214,000 2.6 % from last month . The Average Sales Price in August $ 272,558 , up
280 $ 279,975 last month . August 2017 ASP was at the highest level 9.7 % from $ 248,396 in August of 2016 and down 2.6 % from 260 compared to August of 2016 and 2015 . $ 279,975 last month . August 2017 ASP was at the highest level 240 compared to August of 2016 and 2015 .
220 200 180 160 140 120 100
500
0
500
0
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 M J
J
A
14
15
16
17
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
Median Sales Price and Average Sales Price
15
16
17
J
A
3 Mo Avg
Median Sales Price and Average Sales Price
1,543 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 1,828
S
14 300 280 260 240 220 200 180 160 140 120 100
1,543 1,667 1,324 1,753
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 M J
J
A
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 August
The was Total 4,596 Inventory , down 7.0 of % Properties from 4,941 available last month for sale and as down of August 17.7 %
8,000 was from 4,596 5,582 , down in August 7.0 % from of last 4,941 year last . August month and 2017 down Inventory 17.7 % was
8,000 at
7,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
from its lowest 5,582 in level August compared of last with year . August of 2017 2016 Inventory and 2015 was . at its lowest level compared with August of 2016 and 2015 .
7,0006,000
6,000
5,000
6.0
5.0
5,000
4,000
4.0
4,000
3,000
A comparatively lower MSI is more beneficial for sellers while
3.0
3,000 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
August for 2017 sellers
MSI while of 2.5 a
2,000
2.0 higher MSI is better for buyers . The August 2017 MSI of 2.5
2,000 months was at its lowest level compared with August of 2016
1,000 months was at its lowest level compared with August of 2016
1,000
1.0 and 2015 .
0 and 2015 .
0
0.0
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 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
14
14
15
15
16
16
17
17
1,209 1,516 1,923 1,992 1,916 2,095
6,920 7,070 7,064 6,922 7,007 6,912 6,790 6,554 6,444 6,232 6,048 5,852 5,688 2,010 1,783 1,765 1,739 1,376 1,836 1,246 1,547 1,939 2,044 1,968
3 Mo Avg
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 M J
J
A
14
15
16
17
6,920 7,070 7,064 6,922 7,007 6,912 6,790 6,554 6,444
5,876 5,894 5,721 5,972 6,101 6,024 5,884 5,799 5,684 5,600 5,582 5,623 5,681 5,794 5,564 5,656 5,588 5,527 5,299 5,145 5,081 4,941 4,596
2,075 1,777
6,232 6,048 5,852 5,688 5,876 5,894 5,721 5,972 6,101 6,024 5,884 5,799 5,684 5,600 5,582 1,903 1,766 1,602 1,640 1,749 1,451 1,488 2,190 1,973 2,192
5,623 5,681 5,794 5,564 5,656 5,588 5,527 5,299 5,145 5,081
2,194 1,818
4,941 4,596
1,828
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 Asso 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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