FL ARCHIVED February 2018 | Page 40

Market Action Report February 2018
Community Information | School District
Market Action Report February 2018

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
$ 299,000
-0%
9 %
Average List Price of all Current Listings
$ 490,337
0 %
5 %
February Median Sales Price
$ 215,000
5 %
2 %
8 %
4 %
$ 210,000
11 %
1 %
February Average Sales Price
$ 285,338
2 %
4 %
6 %
4 %
$ 282,229
9 %
3 %
Total Properties Currently for Sale ( Inventory )
4,859
-1%
-13%
February Number of Properties Sold
1,489
14 %
0 %
2,790
-5%
February Average Days on Market ( Solds )
59
-6%
2 %
-12%
2 %
61
-9%
5 %
Asking Price per Square Foot ( based on New Listings )
$ 202
3 %
2 %
9 %
7 %
$ 199
8 %
6 %
February Sold Price per Square Foot
$ 179
1 %
2 %
8 %
5 %
$ 178
9 %
4 %
February Month ' s Supply of Inventory
3.3 -13%
1 %
-14%
10 %
3.5
-9%
18 %
February Sale Price vs List Price Ratio
94.5 %
. 0 %
-. 1 %
. 2 %
-. 3 %
94.5 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
2,500 February Property sales were 1,489 , up 0.1 % from 1,487 in February of 2017 and 14.5 % higher than the 1,301 sales last Property month . February Sales 2018 sales were at a mid level compared to 2,5002,000
February February Property of 2017 sales and 2016 were . 1,489 February , up 0.1 YTD % from sales 1,487 of 2,790 in are February running of 5.0 2017 % behind and 14.5 last
% higher year ' s year-to-date than the 1,301 sales sales of last 2,938 . month . February 2018 sales were at a mid level compared to 2,0001,500 February of 2017 and 2016 . February YTD sales of 2,790 are running 5.0 % behind last year ' s year-to-date sales of 2,938 .
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
500
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
0 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
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg
The Median Sales Price in February was $ 215,000 , up 7.5 %
Prices from $ 200,000 in February of 2017 and up 4.9 % from 290
Median Sales Price and Average Sales Price
3 Mo Avg
The $ 205,000 Median last Sales month Price . in The February Average was Sales $ 215,000 Price , in up February 7.5 % was from $ 285,338 $ 200,000 , up 6.5 in February % from $ of 267,948 2017 and in February up 4.9 % from of 2017 and up 290
270
$ 2.4 205,000 % from last $ 278,670 month . The last Average month . Sales February Price 2018 in February ASP was was at the $ 285,338 , up 6.5 % from $ 267,948 in February of 2017 and up 270 250 highest level compared to February of 2017 and 2016 . 2.4 % from $ 278,670 last month . February 2018 ASP was at the 250 230 highest level compared to February of 2017 and 2016 .
230 210
210 190
190 170
170 150 150
500
1,923 1,992 1,916 2,095
1,923 1,992 1,916 2,095 2,010 1,783 1,765 1,739 1,376 1,836 1,246 1,548 1,939 2,044 1,969 2,075 1,777 1,903 1,766 1,602 1,640 1,749 1,451 1,487 2,190 1,973 2,192 2,194 1,818 1,834 1,419 1,572 1,579 1,768 1,301 1,489
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
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 4,859 of , Properties down 0.8 % available from 4,898 for sale last as month of and 8,000 6.0
February down 13.4 was % 4,859 from , 5,614 down in 0.8 February % from 4,898 of last last year month . February and 2018 8,0007,000
6.0 5.0 down Inventory 13.4 % was from at 5,614 its lowest in February level compared of last year with . February 2018 of 7,0006,000 5.0
Inventory 2017 and was 2016 at . its lowest level compared with February of 6,000 5,000
4.0
2017 and 2016 . 5,000
4.0 4,000
3.0 4,000
3.0 3,000
A comparatively lower MSI is more beneficial for sellers while 3,000 a 2.0
A comparatively lower MSI is more beneficial for sellers while a 2.0 higher MSI is better for buyers . The February 2018 MSI of 3.3 2,000 higher MSI is better for buyers . The February 2018 MSI of 3.3
2,000 months was at its lowest level compared with February of 2017 1,000
1.0 1.0 months was at its lowest level compared with February of 2017 1,000 , Flagler County Association and 2016 of REALTORS . , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association 0 , 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 . C and 2016 . 0
0.0 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
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 S O N D J F 15
15 16
16 17
17 18
18
2,010
6,791 6,558 6,450 6,238 6,054 5,857 5,694 5,882 1,783 1,765 1,739 1,376 1,836 1,246 1,548 1,939 2,044 1,969 2,075
5,900 5,727 5,979 6,111 6,035 5,897 5,811 5,695 5,611 5,593 5,634 5,694 5,809 5,583 5,677 5,614 5,558 5,336 5,192 5,168 5,094 5,019
1,777 1,903
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
6,791 6,558 6,450 6,238 6,054 5,857 5,694 5,882 5,900
1,766 1,602 1,640 1,749 1,451
5,727 5,979 6,111 6,035 5,897 5,811 5,695 5,611 5,593 5,634 5,694 5,809 5,583 5,677 5,614 1,487 2,190 1,973 2,192 2,194 1,818 1,834 1,419
4,958 4,887 4,966 4,734 4,898 4,859 1,572 1,579
5,558 5,336 5,192 5,168 5,094 5,019 4,958 4,887 4,966 4,734
1,768 1,301
4,898 4,859
1,489
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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