FL ARCHIVED June 2017 | Page 33

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

City : St Petersburg

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
$ 255,000
2 %
23 %
Average List Price of all Current Listings
$ 434,637
2 %
24 %
June Median Sales Price
$ 200,000
6 %
5 %
16 %
21 %
$ 185,000
18 %
12 %
June Average Sales Price
$ 285,153
19 %
11 %
13 %
25 %
$ 256,943
17 %
13 %
Total Properties Currently for Sale ( Inventory )
1,302
-5%
-14%
June Number of Properties Sold
651
-6%
3 %
3,523
5 %
June Average Days on Market ( Solds )
49
0 %
-4%
-2%
-13%
53
-7%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 188
2 %
3 %
16 %
13 %
$ 183
14 %
10 %
June Sold Price per Square Foot
$ 179
9 %
7 %
17 %
20 %
$ 168
17 %
13 %
June Month ' s Supply of Inventory
2.0
1 %
-6% -16% -32%
2.6
-10%
-11%
June Sale Price vs List Price Ratio
95.3 %
. 1 %
. 5 %
1.0 % 1.0 %
94.8 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
800
June Property sales were 651 , up 2.8 % from 633 in June of 2016
and 6.1 % lower than the 693 sales last month . June 2017 sales
700
Property were at their Sales highest level compared to June of 2016 and 2015 .
800
June
June Property YTD sales sales of were 3,523651 are , up running 2.8 % from 5.2 % 633 ahead in June of last of 2016 year ' s and 6.1 % lower than the 693 sales last month . June 2017 sales
700 year-to-date sales of 3,348 . were at their highest level compared to June of 2016 and 2015 .
600
June YTD sales of 3,523 are running 5.2 % ahead of last year ' s
600
500
400
year-to-date sales of 3,348 .
500
300
400
200
300
100
200
100
0
Prices The Median Sales Price in June was $ 200,000 , up 15.6 % from
Prices $ 173,000 in June of 2016 and up 6.4 % from $ 188,000 last The month Median . The Sales Average Price Sales in June Price was in $ 200,000 June was , up $ 285,153 15.6 % from , up
300
$ 12.9 173,000 % from in June $ 252,613 of 2016 in and June up of 6.4 2016 % from and $ up 188,000 18.6 % last from month . The Average Sales Price in June was $ 285,153 , up
280
$ 240,430 last month . June 2017 ASP was at the highest level 12.9 % from $ 252,613 in June of 2016 and up 18.6 % from 260 compared to June of 2016 and 2015 . $ 240,430 last month . June 2017 ASP was at the highest level 240 compared to June of 2016 and 2015 .
220 200 180 160 140 120 100

St . Petersburg

Agent Name
Title Phone Website Other

Community Information | School District

0
Number of Properties Sold
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
483 506 495 533 406 555 374 485 593 589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 475 505 447 436 446 586 449 468 664 598 693 651
J 14 300 280 260 240 220 200 180 160 140 120 100
483 506 495 533 406
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
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 1,302 Inventory , down 4.8 of % Properties from 1,368 available last month for sale and as down of June 14.1 %
2,500 was from 1,302 1,515 , down in June 4.8 % of from last 1,368 year . last June month 2017 and Inventory down 14.1 was % at its
2,500 from 1,515 in June of last year . 2017 Inventory was at its
2,000 lowest level compared with June of 2016 and 2015 .
2,000 lowest level compared with June of 2016 and 2015 .
1,500
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
June 2017 for sellers
MSI while of 2.0 a higher MSI is better for buyers . The June 2017 MSI of 2.0 months was at its lowest level compared with June of 2016 and
500 months was at its lowest level compared with June of 2016 and
2015 .
2015 .
0
2.0
500
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
555 374 485 593 589
1,964 1,946 1,915 1,980 1,973 1,966 1,927 1,906 1,836 1,757 1,710 1,642 1,625
560
Number of Properties Sold
628 601 537 510 535 403 551 384 503 572 652 604 633
1,602 1,590 1,605 1,630 1,587 1,587 1,631 1,586 1,544 1,461 1,515 1,197 1,309 1,414 1,487 475 505 447 436 446
1,542 1,513 1,593 1,577 1,506 1,450
586
3 Mo Avg
449
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
14
15
16
17
1,964 1,946 1,915 1,980 1,973 1,966 1,927 1,906 1,836 1,757 1,710 1,642 1,625 1,602 1,590 1,605 1,630 1,587 1,587 1,631 1,586 1,544 1,461 1,515 1,197 1,309
1,368
1,302 468 664
1,414 1,487 1,542 1,513 1,593 1,577 1,506 1,450
3 Mo Avg
598 693
1,368 1,302
651
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 | 33