Florida Market Viewpoint June 2017 - Page 21

Market Action Report County: Pinellas Pinellas County Agent Name Market Action Report County: Pinellas June 2017 Title Phone Agent Name Website Title Other June 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $299,900 Other Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 0% 18% $500,879 Trending 2% versus*: 17% Month LM 3% L3M 5% PYM 13% LY $220,000 $299,900 0% 6% 7% 18% 12% $298,969 $500,879 4,775 2% -5% 17% -16% $220,000 3% 5% 13% 20% 2,187 -0% 5% $298,969 6% 7% 12% 21% 55 0% -5% -5% 4,775 -5% -16% $190 2% 1% 12% 2,187 -0% 5% $179 1% 3% 14% 55 0% -5% -5% -8% $190 2.2 2% -5% 1% -8% 12% -20% 10% 95.2% .0% .3% $179 1% 3% 14% .8% 18% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Price Current Listings June Average Sales Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) June Median Sales Price June Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sold Sale Price Price per vs Square List Price June Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Month's Supply of Inventory June Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 2.2 -5% 95.2% .0% Trending versus*: Prior YTD 15% Prior Year 12% 20% YTD $205,000 21% $274,805 14% 11% $205,000 15% 11,480 $274,805 14% 12% 6% 11% -2% 11% 14% 0% -15% 8% 1% 12% -8% 60 10% $187 11,480 6% 18% $170 60 -2% -34% $187 2.9 11% .8% $170 94.7% 14% 0% 8% 12% -13% 0% -8% -20% -34% 2.9 -15% -13% of 94.7% Properties .3% .8% Number .8% 1% Sold 0% 2,500 June Property sales were 2,187, up 5.4% from 2,075 in June of 2016 and 0.2% lower than the 2,192 sales last month. June 2017 Property sales were Sales at their highest level compared to June of 2016 and 2,500 2,000 June Property sales sales were of 2,187, up are 5.4% from 2,075 June of 2015. June YTD 11,480 running 6.1% in ahead of last 2016 and 0.2% lower sales than the 2,192 sales last month. June 2017 year's year-to-date of 10,819. 2,000 1,500 sales were at their highest level compared to June of 2016 and 2015. June YTD sales of 11,480 are running 6.1% ahead of last year's year-to-date sales of 10,819. Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 3 Mo Avg 1,500 1,000 Prices The Median Sales Price in June was $220,000, up 12.8% from Prices $195,000 in June of 2016 and up 3.2% from $213,250 last The Median Sales Price Sales in June was in $220,000, 12.8% from month. The Average Price June was up $298,969, up 300 $195,000 in June of 2016 in and up of 3.2% from 12.2% from $266,529 June 2016 and $213,250 up 5.9% last from month. The last Average Sales Price 2017 in June up level 280 $282,230 month. June ASP was was $298,969, at the highest 260 12.2% from $266,529 June and of 2016 and up 5.9% from compared to June of in 2016 2015. $282,230 last month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. 240 220 200 180 160 140 120 100 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 M J 14 15 16 17 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 M J 14 300 280 260 240 220 200 180 160 140 120 100 15 Median Sales Price and Average Sales Price 16 17 Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 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 M J 15 A M J J A S O N D J F M 16 J A 14 S O N D J F M A M J J A S O N D J F M A 17 M J 14 15 16 17 Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 7.0 0 6.0 5.0 The Total Inventory Inventory & MSI of Properties available for sale as of June 8,000 The Inventory of Properties available for sale as down of June was Total 4,775, down 5.2% from 5,039 last month and 15.8% was 4,775, down 5.2% of from month down 15.8% from 5,673 in June last 5,039 year. last June 2017 and Inventory was at its 8,000 7,000 7,000 6,000 from 5,673 in compared June of last with year. 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