FL ARCHIVED November 2017 | Page 31

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 479,000
7 %
-7%
Average List Price of all Current Listings
$ 802,135
2 %
9 %
November Median Sales Price
$ 336,500
12 %
5 %
-23%
-2%
$ 347,500
1 %
1 %
November Average Sales Price
$ 348,558
6 %
-6%
-26% -19%
$ 451,524
6 %
5 %
Total Properties Currently for Sale ( Inventory )
141
-1%
-7%
November Number of Properties Sold
30
11 %
36 %
367
9 %
November Average Days on Market ( Solds )
53 -23% -23% -36% -36%
74
-8%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 399
10 %
2 %
7 %
16 %
$ 376
10 %
10 %
November Sold Price per Square Foot
$ 330
-13%
1 %
0 %
9 %
$ 339
11 %
12 %
November Month ' s Supply of Inventory
4.7 -11%
3 %
-32%
-8%
4.8
-6%
-5%
November Sale Price vs List Price Ratio
95.1 %
2.0 % 1.5 %
. 7 %
1.6 %
93.3 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales November Property sales were 30 , up 36.4 % from 22 in November of 2016 and 11.1 % higher than the 27 sales last Property month . November Sales 2017 sales were at their highest level 60
November compared Property to November sales were of 2016 30 , up and 36.4 2015 % . from November 22 in YTD sales November of 367 are of running 2016 and
8.6 11.1 % % ahead higher of than last year the 27 ' s year-to-date sales last sales 50 of month . November 2017 sales were at their highest level 338 . compared to November of 2016 and 2015 . November YTD sales
40 of 367 are running 8.6 % ahead of last year ' s year-to-date sales of 338 .
30

St . Pete Agent Beach

Name
Title Phone Website Other

Community Information | School District

60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
20
10
10 0 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
0 14 15 16
17 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in November was $ 336,500 , down 700
Prices 22.6 % from $ 435,000 in November of 2016 and up 12.2 % from Median Sales Price and Average Sales Price
The Median Sales Price in November was $ 336,500 , down 650
3 Mo Avg
$ 300,000 last month . The Average Sales Price in November
700 22.6 was % $ from 348,558 $ 435,000 , down in 26.1 November % from $ of 471,432 2016 and in November up 12.2 % from of 2016
600
650 $ and 300,000 up 6.1 last % from month $ . 328,663 The Average last month Sales Price . November in November 2017 ASP 550 was $ 348,558 , down 26.1 % from $ 471,432 in November of 2016
600 was at the lowest level compared to November of 2016 and 2015 . 500 and up 6.1 % from $ 328,663 last month . November 2017 ASP 550
450 was at the lowest level compared to November of 2016 and 2015 . 500 400
450 350
400
300 350 300
250
250 200
200 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 14 F 15 M A M J J A S O N D J F M16A M J J A S O N D J F M 17 A M J J A S O N 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 141 of , down Properties 1.4 % available from 143 for last sale month as of and down
200
November 7.2 % from was 152141 in , November down 1.4 % from of last 143 year last . November month and down 2017 200
9.0
7.2 % from 152 in November of last year . November 2017 8.0
Inventory was at a mid level compared with November of 2016 150 Inventory was at a mid level compared with November of 2016 150
7.0 and 2015 . and 2015 .
6.0 100
5.0 100
4.0
A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 50
3.0 higher MSI is better for buyers . The November 2017 MSI of 4.750 higher MSI is better for buyers . The November 2017 MSI of 4.7
2.0 months was at its lowest level compared with November of 2016 months was at its lowest level compared with November of 2016
1.0 and 2015 .
0 and 2015 .
0
0.0 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 J J A S O N 14 15
16 17
14 15 16
17
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 41 35 28 36 27 30
138
35 19 23 32 47 36 28 32 25 33 21 23 31 21
150
149 138
148 150
145 149
140 148
135 145
134 140
127 135 135 134
128 127
131
135
134 128 150 131
168
134 167 150
151 27 168 155
38
167 148
39
151 120
155 40
114
148 39 36
152
132
137 120 114
37
146 132 18 21 22 31 21 24 40 34 51 41 35
137 167
167 152
146 173
162 167 152 167
155 173
137 162
135 152
133 155
143 137
141 135
28 133
36 143
27
141 30
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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