FL ARCHIVED May 2017 | Page 33

Market Action Report May 2017
Community Information | School District
Market Action Report May 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
$ 249,975
3 %
22 %
Average List Price of all Current Listings
$ 438,189
2 %
26 %
May Median Sales Price
$ 187,953
3 %
1 %
13 %
14 %
$ 183,000
20 %
11 %
May Average Sales Price
$ 240,457
-1%
-6%
9 %
5 %
$ 250,926
18 %
10 %
Total Properties Currently for Sale ( Inventory )
1,284
-9%
-12%
May Number of Properties Sold
692
17 %
15 %
2,865
6 %
May Average Days on Market ( Solds )
49 -13% -8%
-2%
-13%
54
-8%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 187
4 %
2 %
17 %
12 %
$ 183
14 %
10 %
May Sold Price per Square Foot
$ 165
1 %
-2%
10 %
10 %
$ 165
16 %
11 %
May Month ' s Supply of Inventory
1.9 -22% -14% -23% -36%
2.7
-11%
-9%
May Sale Price vs List Price Ratio
95.2 %
. 4 %
. 6 %
. 0 %
. 8 %
94.7 %
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
May Property sales were 692 , up 14.6 % from 604 in May of 2016
and 16.9 % higher than the 592 sales last month . May 2017 sales
700
Property were at their Sales highest level compared to May of 2016 and 2015 .
800
May
May Property YTD sales sales of were 2,865692 are , up running 14.6 % 5.5 from % 604 ahead in May of last of year 2016 ' s and 16.9 % higher than the 592 sales last month . May 2017 sales
700 year-to-date sales of 2,715 . were at their highest level compared to May of 2016 and 2015 .
600
May YTD sales of 2,865 are running 5.5 % ahead of last year ' s
600
500
400
year-to-date sales of 2,715 .
500
300
400
200
300
100
200
100
0
Prices The Median Sales Price in May was $ 187,953 , up 12.9 % from
Prices $ 166,500 in May of 2016 and up 2.5 % from $ 183,325 last The month Median . The Sales Average Price Sales in May Price was $ in 187,953 May was , up $ 12.9 240,457 % from , up 8.6 %
300
$ from 166,500 $ 221,325 in May in of May 2016 of and 2016 up 2.5 and % down from $ 1.5 183,325 % from last $ 244,041 month . The Average Sales Price in May was $ 240,457 , up 8.6 %
280 last month . May 2017 ASP was at the highest level compared to from $ 221,325 in May of 2016 and down 1.5 % from $ 244,041 260 May of 2016 and 2015 . last month . May 2017 ASP was at the highest level compared to 240 May 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
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
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
506 483 506 495 533 406 555 374 485 593 589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 475 505 447 436 446 586 449 468 664 592 692
J 14 300 280 260 240 220 200 180 160 140 120 100
506 483 506 495 533
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
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 1,284 Inventory , down 9.3 of % Properties from 1,416 available last month for sale and as down of May 11.9 %
2,500 was from 1,284 1,457 , down in May 9.3 % of from last year 1,416 . last May month 2017 and Inventory down 11.9 was % at its
2,500 from 1,457 in May of last year . 2017 Inventory was at its
2,000 lowest level compared with May of 2016 and 2015 .
2,000 lowest level compared with May 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
May 2017 for sellers
MSI of while
1.9 a higher MSI is better for buyers . The May 2017 MSI of 1.9 months was at its lowest level compared with May of 2016 and
500 months was at its lowest level compared with May of 2016 and
2015 .
2015 .
0
2.0
500
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 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
14
15
15
16
16
17
17
406 555 374 485 593
1,998 1,964 1,946 1,915 1,980 1,973 1,966 1,927 1,906 1,836 1,757 1,710 1,642
589
Number of Properties Sold
560 628 601 537 510 535 403 551 384 503 572 652 604 633
1,625 1,602 1,590 1,605 1,630 1,587 1,587 1,631 1,586 1,544 1,457 1,511 1,193 1,305 1,408 1,480
475 505 447 436
1,532 1,502 1,576 1,558 1,483
446
3 Mo Avg
586
3 Mo Avg
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
1,998 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 1,457 1,511 1,193 1,305
1,416
1,284 449 468
1,408 1,480 1,532 1,502 1,576 1,558 1,483
3 Mo Avg
664 592
1,416 1,284
692
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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