FL ARCHIVED January 2018 | Page 31

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

City : St Pete Beach

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
$ 449,000
0 %
-13%
Average List Price of all Current Listings
$ 732,105
-4%
-2%
January Median Sales Price
$ 433,500
4 %
22 %
16 %
22 %
$ 433,500
16 %
22 %
January Average Sales Price
$ 471,715
-14% 10 %
6 %
2 %
$ 471,715
6 %
2 %
Total Properties Currently for Sale ( Inventory )
140
-5%
-16%
January Number of Properties Sold
22 -41%
5 %
22
5 %
January Average Days on Market ( Solds )
88
40 %
31 % -28%
21 %
88
-28%
21 %
Asking Price per Square Foot ( based on New Listings )
$ 374
-4%
-1%
11 %
-1%
$ 374
11 %
-1%
January Sold Price per Square Foot
$ 366
-4%
1 %
26 %
7 %
$ 366
25 %
6 %
January Month ' s Supply of Inventory
6.4
59 %
25 % -20%
32 %
6.4
-20%
32 %
January Sale Price vs List Price Ratio
92.2 % -1.2% -1.4% . 0 %
-1.1%
92.2 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales January Property sales were 22 , up 4.8 % from 21 in January of 2017 and 40.5 % lower than the 37 sales last month . January Property 2018 sales Sales were at their highest level compared to January of 60
January 2017 and Property 2016 . sales January were YTD 22 , up sales 4.8 of % 22 from are 21 running January 4.8 of % 2017 ahead and of 40.5 last % year lower
' s year-to-date than the 37 sales sales last of 21 month .
. January
50 2018 sales were at their highest level compared to January of 2017 and 2016 . January YTD sales of 22 are running 4.8 %
40 ahead of last year ' s year-to-date sales of 21 .

St . Pete Agent Beach

Name
Title Phone Website Other

Community Information | School District

30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
20 10
Prices The Median Sales Price in January was $ 433,500 , up 15.6 %
Prices from $ 375,000 in January of 2017 and up 4.5 % from $ 415,000 The last Median month Sales . The Price Average in January Sales Price was $ in 433,500 January , up was 15.6 $ % 471,715 ,
700 from up 5.5 $ 375,000 % from in $ 447,034 January in of January 2017 and of up 2017 4.5 % and from down $ 415,000 13.6 % last month . The Average Sales Price in January was $ 471,715 ,
650 from $ 545,749 last month . January 2018 ASP was at the up 5.5 % from $ 447,034 in January of 2017 and down 13.6 % 600 highest level compared to January of 2017 and 2016 . from $ 545,749 last month . January 2018 ASP was at the 550 highest level compared to January of 2017 and 2016 .
500 450 400 350 300 250 200
10
0
23 32 47 36 28 32 25 33 21 23 31 21 27 38 39 40 39 36 37 18 21 22 31 21 24 40 34 51 41 35 28 36 27 30 37 22
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
J
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
The
January Total Inventory was 140 , down of Properties 5.4 % from available 148 last for month sale as of and down
January
16.2 % from was 140 167 , down in January 5.4 % from of last 148 year last . month January and 2018 down Inventory
200
16.2 was % at from its lowest 167 in January level compared of last year with . January 2018 of 2017 Inventory and 2016 . was at its lowest level compared with January of 2017 and 2016 .
150
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
6.0
100
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
January for 2018 sellers MSI while of a 6.4 higher MSI is better for buyers . The January 2018 MSI of 6.4
50 months was at its lowest level compared with January of 2017 months was at its lowest level compared with January of 2017 and 2016 . and 2016 .
0
100
5.0
4.0
50
3.0
2.0
1.0
0
0.0
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 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
15
15
16
16
17
17
18
18
149
23 32 47 36 28 32 25 33 21 23 31 21
148
145 149
140 148
135 145
134 140
127 135
135 134
128 127 131
135 134 128 150 131
168
134 167 150
151 27 155
38 148
39 120
40
114 39 36
0
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
J
15
16
17
18
F
M A M J
15
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
Median Sales Price and Average Sales Price
16
17
18
3 Mo Avg
700
650
Median Sales Price and Average Sales Price
3 Mo Avg
600
550
500
450
400
350
300
250
200
37
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
J
15
16
17
18
168
167 151 155
18 21 22 31 21 24 40 34 51 41 35 28
132 148
120 137
114 152
146 132
137 167
167 152
146 172
162 167
152 167
155 172 139 162
138 152
136
155 148 139 148 138 148 136
140 148 36 27 148
30 148
37
140 22
9.0 8.0 7.0 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 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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