FL ARCHIVED February 2018 | Page 24

City: Clearwater Price Range: All | Properties: SFH - Con February Average Sales Price Average List Price of all Current Listings February Number of Properties Sold February Average Sales Price February Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) February Number of Properties Sold February Sold Price per Square Foot February Sold Sale Price Price vs Square List Price February per Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date February Month's Supply of Inventory February Sale Price vs List Price Ratio 100% 89.8% 60% 20% Prices level compared to February of 2017 and 2016. 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 15 16 17 18 18 3 Mo Avg 3 Mo Avg 120 100 Inventory & MSI Median Sales Price and Average Sales Price 180 160 100 60 Median Sales Price and Average Sales Price 16 17 15 140 120 120 80 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 160 140 Inventory / New Listings / Sales Inventory / New Listings / Sales 100 0 The Median Sales Price in February was $175,000, up 7.0% Prices from $163,500 in February of 2017 and up 6.1% from $165,000 240 The in February was in $175,000, up was 7.0% last Median month. Sales The Price Average Sales Price February $196,584, from $163,500 February in of February 2017 and of up 2017 6.1% and from up 11.1% from in $176,952 up $165,000 4.4% from 240 220 last month. The Average Sales Price in February was $196,584, $188,214 last month. February 2018 ASP was at the highest 220 200 up 11.1% from $176,952 in February of 2017 and up 4.4% from level compared to February of 2017 and 2016. $188,214 last month. February 2018 ASP was at the highest 200 180 80% 40% 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 17, down 19.0% from 21 last month and down 10.5% from 19 in February of last year. 50 0 93.8% 89.1% 50 Avg Selling Price divided by Avg Listing Price for sold properties during the month 120% 100 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 89.8% was down from 92.8% last month and down from 93.8% in February of last year. 3 Mo Avg 100 Selling Price versus Listing Price Ratio 150 150 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 Selling Price vs Original Listings Price 200 100 3 Mo Avg 250 of 2017 and 2016. February YTD sales of 452 are running 4.4% ahead of last year's year-to-date sales of 433. 120 140 160 3 Mo Avg Number of Properties Sold 180 350 February Property sales were 225, up 10.8% from 203 in February of 2017 and 0.9% lower than the 227 sales last month. 300 Property Sales February 2018 sales were at a mid level compared to February 350 February Property sales were 225, up 10.8% from 203 in 250 of 2017 and 2016. February YTD sales of 452 are running 4.4% February of 2017 and 0.9% lower than the 227 sales last month. 300 ahead of last year's year-to-date sales of 433. February 2018 sales were at a mid level compared to February 200 190 200 200 220 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date Property Sales 215 2.8 -2% 6% -11% 14% 2.8 -5% 15% of 94.6% Properties 95.3% 1.4% .3% 1.4% Number .3% 0% Sold -0% 240 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 0 10% 4% 2% 15% -0% 72 100 Total Properties Currently for Sale (Inventory) February Median Sales Price 1% 0% 110 103 150 50 The Selling Price per Square Foot is a great indicator for the d