Pinellas County Community Information | School District
Pinellas County Community Information | School District
Market Time |
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The average Days On Market ( DOM ) shows how many days the |
average Property is on the market before it sells . An upward |
70 |
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trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
|
60 |
Seller ' s market . The DOM for March was 58 , down 1.7 % from 59 |
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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 |
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with March of 2017 and 2016 . |
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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 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 year .
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 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 .
Inventory / New Listings / Sales 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 .
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Days On Market for Sold Properties
61 62
0 |
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A
M J
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J |
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S O N D |
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F M A M J |
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S O N D |
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F M A M J |
J |
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S O N D |
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F M |
15 |
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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
96 % 96 % 95 % 95 % 94 % 94 % 93 % 93 % 92 %
146
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M J
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S O N D |
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F M A M J |
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S O N D |
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F M A M J |
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S O N D |
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15 |
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165
Selling Price versus Listing Price Ratio
94.4 % 94.4 %
92 % |
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M J
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M |
15 |
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Inventory / New Listings / Sales |
7,000 6,000 5,000 4,000 3,000 2,000 1,000
6,558 6,451 6,239 6,055 5,858 5,695
Avg Selling Price divided by Avg Listing Price for sold properties during the month
5,882 5,899 5,727 5,979 6,111 6,035 5,897 5,811 5,695 5,611 5,595 5,636 5,697 5,813 5,587 5,681 5,618 5,564 5,342 5,201 5,179 5,105 5,033 4,973 4,906 4,993
3 Mo Avg
3 Mo Avg
4,771 4,958 5,003
58
180
94.6 %
4,767
0
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F M A M J |
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22 | c o l d w e l l b a n k e r h o m e s . c o m