FL ARCHIVED May 2017 | Page 23

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

City : Belleair

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
$ 789,950
3 %
28 %
Average List Price of all Current Listings
$ 1,534,888
11 %
38 %
May Median Sales Price
$ 294,000
17 %
5 %
7 %
7 %
$ 279,500
7 %
2 %
May Average Sales Price
$ 564,012
71 %
32 %
97 %
32 %
$ 395,593
-18%
-7%
Total Properties Currently for Sale ( Inventory )
58
-3%
-23%
May Number of Properties Sold
21
5 %
62 %
76
12 %
May Average Days on Market ( Solds )
99
77 %
30 %
-1%
22 %
76
-3%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 251
24 %
11 %
26 %
21 %
$ 217
9 %
5 %
May Sold Price per Square Foot
$ 210
24 %
11 %
28 %
17 %
$ 183
3 %
2 %
May Month ' s Supply of Inventory
2.8
-8% -30% -52% -54%
4.8
-26%
-21%
May Sale Price vs List Price Ratio
94.0 %
. 4 %
. 1 %
5.5 % 1.8 %
94.0 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales May Property sales were 21 , up 61.5 % from 13 in May of 2016 and 5.0 % higher than the 20 sales last month . May 2017 sales Property were at their
Sales highest level compared to May of 2016 and 2015 . 30 May Property sales were 21 , up 61.5 % from 13 in May of 2016 May YTD sales of 76 are running 11.8 % ahead of last year ' s yearto-date sales of 68 .
25 and 5.0 % higher than the 20 sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 . May YTD sales of 76 are running 11.8 % ahead of last year ' s yearto-date sales of 68
20 .
15

Belleair

Agent Name
Title Phone Website Other

Community Information | School District

30
25
20
15
10
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in May was $ 294,000 , up 6.9 % from
Prices $ 275,000 in May of 2016 and up 17.0 % from $ 251,250 last The month Median . The Sales Average Price Sales in May Price was $ in 294,000 May was , up $ 564,012 6.9 % from , up 97.2800
% $ from 275,000 $ 286,031 in May in of May 2016 of and 2016 up 17.0 and % up from 70.9 $ % 251,250 from $ last 330,109 last
month . The Average Sales Price in May was $ 564,012 , up 97.2 % 700 month . May 2017 ASP was at the highest level compared to May from $ 286,031 in May of 2016 and up 70.9 % from $ 330,109 last of 2016 and 2015 .
600 month . May 2017 ASP was at the highest level compared to May of 2016 and 2015 .
500 400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of May
The was Total 58 , down Inventory 3.3 % of from Properties 60 last available month and for sale down as 22.7 of May % from 75 was 58 , down 3.3 % from 60 last month and down 22.7 % from 75 120
in May of last year . May 2017 Inventory was at its lowest level in compared May of last with year May . May of 2017 2016 Inventory and 2015 was . at its lowest level 100
compared with May of 2016 and 2015 .
80
60 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 40 higher MSI is better for buyers . The May 2017 MSI of 2.8 higher MSI is better for buyers . The May 2017 MSI of 2.8 months was at its lowest level compared with May of 2016 and 20 months was at its lowest level compared with May of 2016 and 2015
2015 .
. 0
10
5
0
300 200 100
0
5
0
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 M
14
15
16
17
J
14
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
15
Median Sales Price 16and Average Sales Price
17
3 Mo Avg
800
Median Sales Price and Average Sales Price
3 Mo Avg
700
600
500
400
300
200
100
0
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 M
J
J
14
A 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
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
120
18.0
100
16.0
80
14.0
12.0
60
10.0
96
40 20
94 11
96 98
14 94 92
10
11 14 10 9
98 87
9 92 97
12 87 92
10 97 88
10 92
12 10 10 9 9 9 9 14 104
11 98
92 88
104 98 92 98
101 99
13 98
14 11 13 14 6
90 14
101 82
6
99
90 14
93
89
86 82
78 86
14 20 24 9 9 8
81
71
75 68 68
71 73
73 68 76 68
10 18 19 13 22 12 9
69 70 73 66 67
15 11 11 13 15 9 11 20 21
60 58
0 J J AJ
SJ OA NS DO JN FD MJ AF MJA JMA JS JO AN SD OJ
NF DM AJ
MF MJ
AJ AM SJ OJ NA DS JOFNM DA JM
14 14
15 15
16 16
17 17
20 93
24 89
9 86
9 78
8 86
10
81 18 19
75 13 22 12 73
9 73
15
76 11
69 11
70 73
13 66
15
67 9 11
8.0 6.0 4.0 2.0 0.0
F M A M
60
58 20 21
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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 .
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