Market Action Report
City: St Pete Beach
St. Pete Beach
January 2018
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
3 Mo Avg
160
The average Days On Market (DOM) shows how many days the
140
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
120
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for January was 88, up 39.7% from 63 100
days last month and down 28.5% from 123 days in January of
80
last year. The January 2018 DOM was at a mid level compared
with January of 2017 and 2016.
60
123
88
73
40
20
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
Selling Price per Square Foot
Selling Price per Square Foot
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 January 2018 Selling Price per Square Foot of $366 was
down 3.7% from $380 last month and up 25.5% from 292 in
January of last year.
400
380
360
340
320
300
280
260
240
220
200
3 Mo Avg
366
298
292
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
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
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 January 2018 Selling Price vs Original
List Price of 92.2% was down from 93.3% last month and equal
to 92.2% in