FL ARCHIVED March 2018 | Page 22

Price Range: All | Properties: SFH - Con
Market Profile & Trends Overview
Median
Price
all Current Listings
Price Range: All List
| Properties:
SFH of
- Con
March Average Sales Price
Total Properties Currently for Sale (Inventory)
March Median Sales Price
March Number of Properties Sold
March Average Sales Price
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
March Number of Properties Sold
March Sold Price per Square Foot
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
March Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
95%
94.4%
95%
94.6%
94.4%
93%
93%
92%
900
800
Median Sales Price and Average Sales Price
Sales Price and 17 Average Sales Price
18
3 Mo Avg
3 Mo Avg
700
600
500 400
0
16 Median
15
600 500
100
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
15
16
17
18
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
200 100
7,000
3,000
0
300 200
Inventory / New Listings / Sales
Inventory / New Listings / Sales
3 Mo Avg
400 300
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
15
16
17
18
4,000
5
Prices
$696,612 last month. March 2018 ASP was at a mid range
compared to March of 2017 and 2016.
92%
5,000
5
The Median Sales Price in March was $448,000, up 49.3% from
Prices
$300,000 in March of 2017 and up 28.0% from $350,000 last
The
Median
Sales
Price Sales
in March
was
49.3% from
month.
The
Average
Price
in $448,000,
March was up
$490,653,
up 900
$300,000
in March
of 2017
and up
from down
$350,000
54.0% from
$318,514
in March
of 28.0%
2017 and
29.6% last
from 800
month.
The
Average
Sales
Price
in
March
was
$490,653,
up
$696,612 last month. March 2018 ASP was at a mid range
700
54.0% from $318,514 in March of 2017 and down 29.6% from
compared to March of 2017 and 2016.
94%
6,000
10
0
96%
94%
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in March 2018 was 2,555, up 11.8% from 2,285 last month and
down 4.7% from 2,681 in March of last year.
10
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
15
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 March 2018 Selling Price vs Original
List Price of 94.6% was up from 94.5% last month and up from
94.4% in March of last year.
3 Mo Avg
15
Selling Price versus Listing Price Ratio
20
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
15
16
17
18
3 Mo Avg
20
sales were at a mid level compared to March of 2017 and 2016.
March YTD sales of 45 are running 28.6% ahead of last year's
year-to-date sales of 35.
46%
20%
9%
-27%
-3%
Number of Properties Sold
25
146
Selling Price vs Original Listings Price
30
March Property sales were 16, up 45.5% from 11 in March of
2017 and 5.9% lower than the 17 sales last month. March 2018
Property
sales were Sales
at a mid level compared to March of 2017 and 2016. 30
March Property sales were 16, up 45.5% from 11 in March of
March YTD sales of 45 are running 28.6% ahead of last year's
2017 and 5.9% lower than the 17 sales last month. March 2018
25
year-to-date sales of 35.
165
180
40%
29%
28%
68%
26%
19% 46%
-23% 20%
-3% 9%
4.6 17% -3% -26% -29%
4.8 -23%
-27%
Number of 91.1%
Properties
91.2% 1.6% -2.2% -3.3% -2.6%
-3% Sold -3%
March Month's Supply of Inventory
200
190
180
170
160
150
140
130
120
110
100
March Sold
Sale Price
Price per
vs Square
List Price
March
Foot Ratio
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 March 2018 Selling Price per Square Foot of $180 was up
0.4% from $179 last month and up 9.3% from 165 in March of
last y ear.
3 Mo Avg
March Price
Month's
Supply Foot
of Inventory
Asking
per Square
(based on New Listings)
Selling Price per Square Foot
Selling Price per Square Foot
March Average Days on Market (Solds)
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
15
16
17
18
0
58%
124
14%
$262
45
29%
7%
124 $209
68%
-29% $262
4.8
26%
-2.6% $209 91.1%
19%
10
49%
45
74%
20
$445,000
$578,641
30
Average List Price of all Current Listings
Trending versus*:
Prior YTD 49%
Prior Year 40%
40% YTD
$445,000
8%
$578,641
74%
28%
40
Trending versus*:
Prior YTD Prior Year
YTD
50 Market
Profile Sales
& Trends
March Median
Price Overview
Median List Price of all Current Listings
58
60
Trending versus*:
L3M PYM
LY
-4%
-1%
$1,321,260 Trending
3% versus*:
-1%
Month
LM 28%
L3M 25%
PYM 49%
LY
$448,000
$744,750
-4% -30% -9%
-1% 54%
$490,653
$1,321,260 3%
-1%
74 10%
7%
$448,000 28% 25% 49% 40%
16 -6%
45%
$490,653 -30% -9% 54% 8%
134 22% 18% 84%
74 10%
7%
$250
1% -1%
23%
16 -6%
45%
$205
-5%
-1%
134 22% 18% 84% 11%
58%
$250 4.6
1% 17%
-1% -3%
23% -26%
14%
$205 91.2%
-5% 1.6%
-1% -2.2%
11% -3.3%
7%
Average List Price of all Current Listings
62
61
70
LM
80
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for March was 58, down 1.7% from 59
days last month and down 6.5% from 62 days in March of last
year. The March 2018 DOM was at its lowest level compared
with March of 2017 and 2016.
Phone
Website
Month
Other
$744,750
3 Mo Avg
Days On Market for Sold Properties
Market Time
Community Information | School District
City: Belleair
March 2018
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Agent Name
Market Action Report
Title
Phone
Website
Other
March 2018
Belleair
City: Belleair
Agent Name
Pinellas County
Market Action Report
County: Pinellas
March 2018
Market Action Report
Inventory & MSI
0
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
18
16 A M J J A S O N D J F M 17
A M 15 J J A S O N D J F M
A M J J A S O N D J F M
15
16
17
18
Inventory
& MSI of Properties available for sale as of March
The Total Inventory
120
The
Inventory
of Properties
available
for up
sale
as of
March
was Total
74, up
10.4% from
67 last month
and
7.2%
from
69 in
was
74, up
from March
67 last 2018
month
and up 7.2%
69 in level 120
March
of 10.4%
last year.
Inventory
was from
at a mid
100
March
of last with
year. March
March of 2018
compared
2017 Inventory
and 2016. was at a mid level
100
compared with March of 2017 and 2016.
80
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
18.0
18.0
16.0
16.0
2,000
14.0
14.0
12.0
1,000
80
12.0
10.0
60
10.0
0
8.0
60
8.0
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
6.0
A comparatively lower MSI is more beneficial for sellers while a 40 40
6.0
A comparatively lower MSI is more beneficial for sellers while a
15
16
17
18
4.0
higher MSI is better for buyers. The March 2018 MSI of 4.6
4.0
20
higher MSI is better for buyers. The March 2018 MSI of 4.6
2.0
months was at a mid level compared with March of 2017 and 20
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
2.0
months was at a mid level compared with March of 2017 and
0
0.0
2016.
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 Association of REALTORS, Flagler County Association
of
REALTORS,
Bonita
Springs-Estero
Association
of
REALTORS,
Royal
Palm
Coast
REALTOR
Association,
Navarre
Area
Board
of
REALTORS,
Emerald
Coast
Association
of
REALTORS,
Pensacola
Association
of
REALTORS
and
may
not
reflect
all
relevant
real
estate
activity.
0
0.0
2016.
D A J M F M
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.
A M A J M
J A J S J O A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N
F M
J J A A M S J O J N A D S J O F N M D J F M
16
17
18
15 15
16
17
18
22 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
c o l dw el l b a n k er h o m es . c o m
| 23
C
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.