FL ARCHIVED February 2018 | Page 22

Price Range: All | Properties: SFH - Con
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
95%
94.5%
94.3%
94%
90%
0
Median
Sales Price and Average
Sales Price
16
17
15
900
800
Median Sales Price and Average Sales Price
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
15
16
17
18
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
Prices
18
3 Mo Avg
3 Mo Avg
700
600
400 300
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
15
16
17
18
300 200
200 100
Inventory / New Listings / Sales
Inventory / New Listings / Sales
100
8,000
0
Inventory & MSI
7,000
4,000
5
31.7% from $528,833 last month. February 2018 ASP was at the 600 500
highest level compared to February of 2017 and 2016.
500 400
91%
5,000
5
The Median Sales Price in February was $350,000, down 2.8%
Prices
from $360,000 in February of 2017 and down 22.2% from
The
Median last
Sales month.
Price in The
February
was Sales
$350,000,
down
2.8% was
$450,000
Average
Price in
February
900
from
$360,000
in February
2017 and
22.2%
$696,612,
up 49.3%
from of
$466,722
in down
February
of from
2017 and up 800
$450,000
last
month.
The
Average
Sales
Price
in
February
was
31.7% from $528,833 last month. February 2018 ASP was at the
700
$696,612, up 49.3% from $466,722 in February of 2017 and up
highest level compared to February of 2017 and 2016.
93.4%
93%
6,000
10
0
92%
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in February 2018 was 2,287, down 7.4% from 2,470 last month
and down 1.3% from 2,317 in February of last year.
10
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
15
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The February 2018 Selling Price vs Original
List Price of 94.5% was equal to 94.5% last month and up from
94.3% in February of last year.
3 Mo Avg
15
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
20
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
15
16
17
18
3 Mo Avg
20
2018 sales were at their highest level compared to February of
2017 and 2016. February YTD sales of 29 are running 20.8%
ahead of last year's year-to-date sales of 24.
3 Mo Avg
Number of Properties Sold
25
142
30
February Property sales were 17, up 88.9% from 9 in February
of 2017 and 41.7% higher than the 12 sales last month. February
Property
2018 sales Sales
were at their highest level compared to February of 30
February Property sales were 17, up 88.9% from 9 in February
2017 and 2016. February YTD sale s of 29 are running 20.8%
of 2017 and 41.7% higher than the 12 sales last month. February 25
ahead of last year's year-to-date sales of 24.
166
February Sale Price vs List Price Ratio
179
39%
24%
10%
-27%
-3%
3.8 -32% -38% -49% -41%
4.6 -24%
-27%
Number of 91.1%
Properties
89.8% -3.2% -4.9% -4.3% -4.1%
-3% Sold -3%
February Month's Supply of Inventory
200
190
180
170
160
150
140
130
120
110
100
February Sold
Sale Price
Price
vs Square
List Price
February
per
Foot Ratio
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The February 2018 Selling Price per Square Foot of $179 was up
1.2% from $177 last month and up 7.7% from 166 in February of
last year.
3 Mo Avg
February
Month's
Supply
Inventory
Asking
Price
per Square
Foot of (based
on New Listings)
Selling Price per Square Foot
Selling Price per Square Foot
February Average Days on Market (Solds)
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
15
16
17
18
22%
21%
38%
59%
29%
24% 39%
-24% 24%
-3% 10%
February Sold Price per Square Foot
0
29%
118
15%
$273
29
21%
13%
118 $211
59%
-41% $273
4.6
29%
-4.1% $211 91.1%
24%
February Number of Properties Sold
Asking Price per Square Foot (based on New Listings)
Total Properties Currently for Sale (Inventory)
10
37%
29
85%
February Average Days on Market (Solds)
20
$390,000
$627,186
February Average Sales Price
February Number of Properties Sold
30
February Median Sales Price
Total Properties Currently for Sale (Inventory)
40
Average List Price of all Current Listings
Trending versus*:
Prior YTD 37%
Prior Year 22%
10% YTD
$390,000
54%
$627,186
85%
38%
February Average Sales Price
50
60
Market
Profile
& Sales
Trends
Overview
February
Median
Price
Median List Price of all Current Listings
Trending versus*:
Prior YTD Prior Year
YTD
59
70
Trending versus*:
L3M PYM
LY
12%
7%
$1,311,083 Trending
-2% versus*:
-6%
Month
LM -22%
L3M -3%
PYM -3%
LY
$350,000
$799,950
12% 32% 24%
7% 49%
$696,612
$1,311,083 -2%
-6%
64 -3%
-3%
$350,000 -22% -3% -3% 10%
17 42%
89%
$696,612 32% 24% 49% 54%
110 -15% 9% 53%
64 -3%
-3%
$252
-13% 0%
0%
17 42%
89%
$215
5%
4%
13%
110 -15% 9% 53% 29%
3.8 -32%
$252 -13%
0% -38%
0% -49%
15%
$215 89.8%
5% -3.2%
4% -4.9%
13% -4.3%
13%
Average List Price of all Current Listings
67
68
80
LM
90
Market Profile & Trends Overview
Median
Price
all Current Listings
Price Range: All List
| Properties:
SFH of
- Con
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for February was 59, down 6.3% from
63 days last month and down 11.9% from 67 days in February of
last year. The February 2018 DOM was at its lowest level
compared with February of 2017 and 2016.
Phone
Website
Month
Other
$799,950
3 Mo Avg
Days On Market for Sold Properties
Market Time
Community Information | School District
City: Belleair
February 2018
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Agent Name
Market Action Report
Title
Phone
Website
Other
February 2018
Belleair
City: Belleair
Agent Name
Pinellas County
Market Action Report
County: Pinellas
February 2018
Market Action Report
0
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
18
M A 15
M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D J F
15
16
17
18
Inventory
& MSI of Properties available for sale as of
The Total Inventory
120
The
Total Inventory
of Properties
available
for month
sale as and
of down
February
was 64, down
3.0% from
66 last
120
February
was 66
64, in down
3.0% of
from
last month
and 2018
down Inventory
3.0% from
February
last 66
year.
February
100
3.0%
in February
of last year.
2018
Inventory
was from
at its 66
lowest
level compared
with February
February
of 2017
and 100
was
at its lowest level compared with February of 2017 and
80
2016.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
18.0
18.0
16.0
16.0
14.0
2,000
14.0
12.0
1,000
80
12.0
2016.
10.0
60
10.0
0
8.0
60
8.0
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
6.0
A comparatively lower MSI is more beneficial for sellers while a 40 40
6.0
A comparatively lower MSI is more beneficial for sellers while a
15
16
17
18
4.0
higher MSI is better for buyers. The February 2018 MSI of 3.8
4.0
20
higher MSI is better for buyers. The February 2018 MSI of 3.8
2.0
months was at its lowest level compared with February of 2017 20
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
2.0
months was at its lowest level compared with February of 2017
0
0.0
and
2016.
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 Association of REALTORS, Flagler County Association
of
REALTORS,
Bonita
Springs-Estero
Association
of
REALTORS,
Royal
Palm
Coast
REALTOR
Association,
Navarre
Area
Board
of
REALTORS,
Emerald
Coast
Association
of
REALTORS,
Pensacola
Association
of
REALTORS
and
may
not
reflect
all
relevant
real
estate
activity.
0
0.0
and 2016.
D A J M F M
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.
M A M
M A J M
J A J S J O 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
J J A A M S J O J N A D S J O F N D J F
16
17
18
15 15
16
17
18
3,000
22 | c o l d w e l l b a n k e r h o m e s . c o m
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
C
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 Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.