FL ARCHIVED August 2017 | Page 23

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

City : Belleair

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
$ 769,900
7 %
2 %
Average List Price of all Current Listings
$ 1,331,927
-4%
0 %
August Median Sales Price
$ 622,500
225 % 66 % 122 % 126 %
$ 315,000
17 %
15 %
August Average Sales Price
$ 887,488
100 % 45 % 142 % 108 %
$ 470,476
7 %
10 %
Total Properties Currently for Sale ( Inventory )
59 -11%
-19%
August Number of Properties Sold
8
33 %
-11%
109
-2%
August Average Days on Market ( Solds )
108
30 %
6 %
19 %
33 %
84
9 %
4 %
Asking Price per Square Foot ( based on New Listings )
$ 187
-6% -14% -29% -10%
$ 212
-2%
2 %
August Sold Price per Square Foot
$ 243
15 %
15 %
40 %
36 %
$ 192
8 %
7 %
August Month ' s Supply of Inventory
7.4 -33%
2 %
-9%
22 %
5.7
-7%
-5%
August Sale Price vs List Price Ratio
87.9 % -5.1% -3.4% -3.6% -4.8%
92.6 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales August Property sales were 8 , down 11.1 % from 9 in August of 2016 and 33.3 % higher than the 6 sales last month . August 2017 Property sales were
Sales at their lowest level compared to August of 2016 and 30 August Property sales were 8 , down 11.1 % from 9 in August of 2015 . August YTD sales of 109 are running 1.8 % behind last 2016 and 33.3 % higher than the 6 sales last month . August 2017 year ' s year-to-date sales of 111 .
25 sales were at their lowest level compared to August of 2016 and 2015 . August YTD sales of 109 are running 1.8 % behind last
20 year ' s year-to-date sales of 111 .
15

Belleair

Agent Name
Title Phone Website Other

Community Information | School District

30
25
20
15
10
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in August was $ 622,500 , up 122.3 %
Prices from $ 280,000 in August of 2016 and up 225.2 % from The $ 191,450 Median last Sales month Price . in The August Average was Sales $ 622,500 Price , up in 122.3 August % was 900 from $ 887,488 $ 280,000 , up 142.4 in August % from of 2016 $ 366,156 and up in 225.2 August % from of 2016 and up $ 191,450 last month . The Average Sales Price in August was 800 99.6 % from $ 444,733 last month . August 2017 ASP was at the $ 887,488 , up 142.4 % from $ 366,156 in August of 2016 and up 700 highest level compared to August of 2016 and 2015 . 99.6 % from $ 444,733 last month . August 2017 ASP was at the 600 highest level compared to August of 2016 and 2015 .
500
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of August
The was Total 59 , down Inventory 10.6 of % Properties from 66 last available month for and sale down as of 19.2 August % from was 59 , down 10.6 % from 66 last month and down 19.2 % from 120
73 in August of last year . August 2017 Inventory was at its 73 lowest in August level of compared last year . with August August 2017 of Inventory 2016 and was 2015 at its . 100
lowest level compared with August of 2016 and 2015 .
80
60 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 40 higher MSI is better for buyers . The August 2017 MSI of 7.4 higher MSI is better for buyers . The August 2017 MSI of 7.4 months was at a mid level compared with August of 2016 and 20 months was at a mid level compared with August of 2016 and 2015
2015 .
. 0
10
5
0
400 300 200 100
0
5
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
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
14
15
Median Sales 16Price and Average Sales
17 Price
J
A
3 Mo Avg
900
800
Median Sales Price and Average Sales Price
3 Mo Avg
700
600
500
400
300
200
100
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
14 N D
J
F
15 M A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M A17M J
J
A
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
120
18.0
100
16.0
80
14.0
12.0
60
10.0
92
40 20
87 9
92 12
97 87 92
10 97 88
10 92
9 12 10 10 9 9 9 9 14 104
11 98
92
88 104
98 92 98 101 99
13 98
14 11 13 14 6
90 14 101
82 6 99
14 90
20
93 89 82 86
24
93 78
89 9 86
14 20 24 9 9 8
86 9
81 78
8
71 86 75
10 81
18 71 73
73 68
76 68
68 68
19 75
13
10 18 19 13 22 12 9 22 12 73
9 73
15 76
11 69
69 70 73 66 68
11 70
15 11 11 13 15 9
13
73 15
66
62 60 61
9
68
66 62
11 59
60
20
21
8.0 6.0 4.0 2.0 0.0
0 S O SN OD NJ
FD MJ AF M JA JM AJ
S J OAN SD OJ NF DM JA MF MJ
AJ MA SJ OJ NA DS JO FN MD AJMF JMJ AA
M J J A
14 14 15 15
16 16
17 17
61
11 20 21 19 6 8
66 19
59 6 8
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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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