FL ARCHIVED December 2017 | Page 33

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
$ 269,900
4 %
13 %
Average List Price of all Current Listings
$ 463,255
5 %
19 %
December Median Sales Price
$ 192,000
1 %
4 %
4 %
16 %
$ 186,000
13 %
13 %
December Average Sales Price
$ 259,925
13 %
3 %
7 %
14 %
$ 258,101
13 %
13 %
Total Properties Currently for Sale ( Inventory )
1,273 -10%
-17%
December Number of Properties Sold
518
5 %
-12%
6,553
5 %
December Average Days on Market ( Solds )
56
-2%
6 %
10 %
0 %
52
-7%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 197
3 %
0 %
13 %
18 %
$ 185
11 %
11 %
December Sold Price per Square Foot
$ 174
4 %
2 %
7 %
17 %
$ 170
14 %
14 %
December Month ' s Supply of Inventory
2.5 -15%
-9%
-6%
-16%
2.7
-7%
-7%
December Sale Price vs List Price Ratio
93.7 % -1.3% -. 9 %
-. 5 %
-. 7 %
94.8 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

St . Petersburg

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
800
December Property sales were 518 , down 11.6 % from 586 in
December of 2016 and 5.3 % higher than the 492 sales last
Property month . December Sales 2017 sales were at their lowest level
800
December compared Property to December sales were of 2016 518 , and down 2015 11.6 .% December from 586 in YTD sales
December of 2016 and 5.3 higher than the 492 sales last
700 of 6,553 are running 5.0 % ahead of last year ' s year-to-date sales month of 6,243 . December
. 2017 sales were at their lowest level
600 compared to December of 2016 and 2015 . December YTD sales
700
600
500
400
Number of Properties Sold
3 Mo Avg
of 6,553 are running 5.0 % ahead of last year ' s year-to-date sales of 6,243 .
500
400
300
200
300
100
200
0
100
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
0
15
16
17
Prices
The Median Sales Price in December was $ 192,000 , up 3.5 %
Prices from $ 185,500 in December of 2016 and up 1.1 % from
The
$ 190,000 Median last Sales month Price . in The December Average was Sales $ 192,000 Price in , up December 3.5 % was
300 from
$ 259,925 $ 185,500 , up in 6.9 December % from $ of 243,170 2016 and in December up 1.1 % from of 2016 and up
280
$
12.5 190,000 % from last $ month 230,984 . The last Average month Sales . December Price in 2017 December ASP was at
$ 259,925 , up 6.9 % from $ 243,170 in December of 2016 and up
260 the highest level compared to December of 2016 and 2015 .
12.5 % from $ 230,984 last month . December 2017 ASP was at
240 the highest level compared to December of 2016 and 2015 .
220
200
180
160
140
120
J
F M A M J
15
300
280
260
240
220
200
180
160
140
120
100
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
Median Sales Price and Average Sales Price
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
100
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
374 485 593 589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 475 505 447 436 446 586 449 468 664 598 693 653 556 554 408 500 492 518
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
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
December Total Inventory was 1,273 of , Properties down 10.2 available % from 1,417 for sale last month of and
2,500
December down 16.6 was % from 1,273 , 1,526 down in 10.2 December % from 1,417 of last last year month . December and
2,500
2,000 down 201716.6 Inventory % from was 1,526 at in its December lowest level of last compared year . December with December
2,000
2017 of 2016 Inventory and 2015 was . at its lowest level compared with December
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
December for sellers
2017 while MSI of a 2.5 higher months MSI was is better at its lowest for buyers level . The compared December with 2017
December MSI of 2.5 of 2016
500 months was at its lowest level compared with December of 2016 and 2015 . and 2015 .
0
500
0
J
F M A M J
F M A J
15
J A S O N D J
F M A M J
F M A M J
16
J
2.0
1.0
0.0
A S O N D J
F M A M J
J
A S O N D
F M A M J
J
A S O N D
17
1,927 1,906 1,836 1,757 1,710 1,642 1,625 1,602
J 15
374
15
485
1,927
1,906 593 589
1,836
1,757 560 628
1,710
1,642 601 537 510
1,625 1,602 1,590 535 403
1,605 1,630
1,590 1,605 1,630 1,587 1,588 1,633 1,588 1,546 1,463 1,520 1,208 1,321 1,426
J A S O N D J 16
Number of Properties Sold
551 384
16
1,587
1,588 503 572
1,633 1,588
652 604 633
1,546 1,463 1,520
475 505 447
1,426 1,499
436
1,208 1,499
1,321 1,554 1,526 1,607 1,596 1,529 1,477 1,411 1,422 1,435 1,434 1,425 1,391 1,417
1,273
J A S O N D J 17
446
1,554
1,526 586 449
17
468
1,607 1,596 1,529 664 598
1,477
1,411 693 653
1,422
1,435 556 554
1,434 1,425
408 1,391
3 Mo Avg
500 492
1,417 1,273
518
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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