FL ARCHIVED June 2017 | Page 31

Market Action Report June 2017
Community Information | School District
Market Action Report June 2017

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
$ 399,900
-7%
-7%
Average List Price of all Current Listings
$ 711,663
-3%
18 %
June Median Sales Price
$ 410,000
-1%
13 %
37 %
19 %
$ 359,000
10 %
4 %
June Average Sales Price
$ 654,799
23 %
26 %
22 %
53 %
$ 495,548
18 %
15 %
Total Properties Currently for Sale ( Inventory )
150
-1%
1 %
June Number of Properties Sold
41 -20%
5 %
211
3 %
June Average Days on Market ( Solds )
87
13 %
26 %
12 %
5 %
74
4 %
-11%
Asking Price per Square Foot ( based on New Listings )
$ 401
-9%
3 %
23 %
17 %
$ 370
13 %
8 %
June Sold Price per Square Foot
$ 391
8 %
13 %
34 %
29 %
$ 336
14 %
11 %
June Month ' s Supply of Inventory
3.7
24 %
-3%
-4%
-28%
5.1
4 %
-0%
June Sale Price vs List Price Ratio
92.2 %
-. 4 % -1.2% -. 4 % -1.5%
93.0 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
60
June Property sales were 41 , up 5.1 % from 39 in June of 2016
and 19.6 % lower than the 51 sales last month . June 2017 sales
Property were at their Sales highest level compared to June of 2016 and 2015 .
60
50
June
June Property YTD sales sales of were 211 are 41 , running up 5.1 % from 3.4 % 39 ahead in June of last of 2016 year ' s yearto-date and
19.6 % sales lower of than 204 . the 51 sales last month . June 2017 sales
50 were at their highest level compared to June of 2016 and 2015 .
40
June YTD sales of 211 are running 3.4 % ahead of last year ' s yearto-date sales of 204 .
40
30

St . Pete Agent Beach

Name
Title Phone Website Other

Community Information | School District

30 20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
20 10
10
0
0
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
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
26 29 29 28 29 35 19 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
J
Prices
14
The Median Sales Price in June was $ 410,000 , up 37.1 % from
Prices
700
$ 299,000 in June of 2016 and down 1.2 % from $ 415,000 last
The month Median . The Sales Average Price Sales in June Price was in $ 410,000 June was , up $ 654,799 37.1 % from , up
650
700
$
21.5 299,000 % from in June $ 538,729 of 2016 in and June down of 2016 1.2 % and from up $ 22.9 415,000 % from last
600 month . The Average Sales Price in June was $ 654,799 , up
650
$ 532,660 last month . June 2017 ASP was at the highest level
550
21.5 % from $ 538,729 in June of 2016 and up 22.9 % from
600 compared to June of 2016 and 2015 .
500
$ 532,660 last month . June 2017 ASP was at the highest level
550
450 compared to June of 2016 and 2015 .
500
400
450
350
400
350
300
3 Mo Avg
300
250
250
200
200
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
J
A
14 S O N D
J
F
M15 A M J
J
A S O N D
J
F
M16 A M J
J
A S O N D
J
F M A17M J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of June
The was Total 150 , Inventory down 0.7 of % Properties from 151 last available month for and sale up as 1.4 of % June from 148 was in June 150 , down of last 0.7 year % from . June 1512017 last month Inventory and was up 1.4 at % its from highest 148 level
200 in compared June of last with year June . June of 2016 2017 Inventory and 2015 . was at its highest level compared with June of 2016 and 2015 .
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
June 2017 for sellers
MSI while of 3.7 a higher MSI is better for buyers . The June 2017 MSI of 3.7
50 months was at its lowest level compared with June of 2016 and months was at its lowest level compared with June of 2016 and
2015 .
2015 .
0
100
5.0
4.0
50
3.0
2.0
1.0
0
0.0
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
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
14
14
15
15
16
16
17
17
134
26 29 29 28 29 35 19 23 32 47
135
126 134
128 135
131 126
138 128
131 150
149 138
148 150 145 149
140 148
135 145
134 140
127
135 135
134
128
127 131 134
135
128 150
131 168
134 167
151 150
36 28 32 25 33 21 23 31 21
168 155
27 167 148
38 151 120
39 155 114
40 148 132
39
120 137 36 152 114
37 146 132 18 21 22 31 167
21 167
167
137 167 152 172 146 161
151 150
24 172
40 161
34 151
51
150 41
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 31