FL ARCHIVED May 2017 | Page 31

Market Action Report May 2017
Community Information | School District
Market Action Report May 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
$ 442,450
0 %
-2%
Average List Price of all Current Listings
$ 747,364
-4%
14 %
May Median Sales Price
$ 415,000
26 %
20 %
17 %
20 %
$ 351,500
4 %
2 %
May Average Sales Price
$ 532,660
19 %
16 %
33 %
24 %
$ 457,141
17 %
7 %
Total Properties Currently for Sale ( Inventory )
148
-8%
-5%
May Number of Properties Sold
51
50 %
28 %
170
3 %
May Average Days on Market ( Solds )
77
40 %
20 %
22 %
-7%
71
1 %
-14%
Asking Price per Square Foot ( based on New Listings )
$ 444
19 %
19 %
43 %
29 %
$ 367
12 %
7 %
May Sold Price per Square Foot
$ 362
22 %
11 %
41 %
19 %
$ 323
9 %
7 %
May Month ' s Supply of Inventory
2.9 -38% -27% -25% -43%
5.4
5 %
5 %
May Sale Price vs List Price Ratio
92.6 % -2.8% -. 8 % -1.8% -1.1%
93.2 %
-1%
-0%
* 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 51 , up 27.5 % from 40 in May of 2016 and 50.0 % higher than the 34 sales last month . May 2017 sales Property were at their Sales highest level compared to May of 2016 and 2015 . 60
May May Property YTD sales sales of were 170 are 51 , running up 27.5 % 3.0 from % ahead 40 in May of last of 2016 year ' s yearto-date and
50.0 % sales higher of 165 than . the 34 sales last month . May 2017 sales
50 were at their highest level compared to May of 2016 and 2015 . May YTD sales of 170 are running 3.0 % ahead of last year ' s yearto-date sales of 165
40 .

St . Pete Agent Beach

Name
Title Phone Website Other

Community Information | School District

30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
20
10
10 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
0 14 15
16
17 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg
The Median Sales Price in May was $ 415,000 , up 17.1 % from Prices
600 $ 354,500 in May of 2016 and up 25.8 % from $ 330,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in May Price was $ in 415,000 May was , up $ 532,660 17.1 % from , up 550 600
$ 32.6 354,500 % from in May $ 401,835 of 2016 in and May up of 25.8 2016 % from and up $ 330,000 19.0 % from last 500 month $ 447,494 . The last Average month Sales . May Price 2017 in May ASP was was $ at 532,660 the highest , up level
550 32.6 compared % from $ to 401,835 May of in 2016 May and of 2016 2015 and . up 19.0 % from 500 450 $ 447,494 last month . May 2017 ASP was at the highest level compared to May of 2016 and 2015 .
450 400
400 350
350 300
300 250
23 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
250
200
200
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
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of May
The was Total 148 , Inventory down 7.5 % of from Properties 160 last available month for and sale down as of 4.5 May % from was 155148 in , May down of 7.5 last % year from . 160 May last 2017 month Inventory and down was 4.5 at % a mid from level
180
155 compared in May of with last May year . of May 2016 2017 and Inventory 2015 . was at a mid level
160 compared with May of 2016 and 2015 .
140
180
160
140
120
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
120
100
6.0
100
80
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
60 higher MSI is better for buyers . The May 2017 MSI of 2.9 higher MSI is better for buyers . The May 2017 MSI of 2.9
40 months was at its lowest level compared with May of 2016 and months was at its lowest level compared with May of 2016 and
20
2015 .
2015 .
0
80
5.0
60
4.0
3.0
40
2.0
20
1.0
0
0.0
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
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
14
14
15
15
16
16
17
17
146
23 26 29 29 28 29 35 19 23 32
134
135 146
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
128 131
127
134 135
128 150
131 168
134 167
151 150
47 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
167
137 167 152 171 146 160
148 21 167
24 171
40 34 51
F M A M
160
148
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 .
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