FL ARCHIVED November 2017 | Page 33

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 265,000
2 %
16 %
Average List Price of all Current Listings
$ 452,062
1 %
21 %
November Median Sales Price
$ 190,000
12 %
3 %
12 %
15 %
$ 186,000
16 %
13 %
November Average Sales Price
$ 230,984
-6%
-8%
3 %
1 %
$ 257,924
14 %
13 %
Total Properties Currently for Sale ( Inventory )
1,369
-0%
-12%
November Number of Properties Sold
492
-2%
10 %
6,036
7 %
November Average Days on Market ( Solds )
57
14 %
12 %
10 %
2 %
51
-9%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 192
-8%
0 %
14 %
15 %
$ 185
12 %
11 %
November Sold Price per Square Foot
$ 168
1 %
-1%
12 %
12 %
$ 169
15 %
13 %
November Month ' s Supply of Inventory
2.8
1 %
-7%
-20%
-5%
2.7
-8%
-7%
November Sale Price vs List Price Ratio
94.9 %
-. 2 %
-. 0 %
. 1 %
. 5 %
94.9 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

St . Petersburg

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
800
November Property sales were 492 , up 10.3 % from 446 in
November of 2016 and 1.8 % lower than the 501 sales last month .
Property
November Sales 2017 sales were at their highest level compared to
800
November Property of 2016 sales and were 2015 . 492 November , up 10.3 % YTD from sales 446 of in 6,036 are November of 2016 and 1.8 % lower than the 501 sales last month
700 running 6.7 % ahead of last year ' s year-to-date sales of 5,657 .
November 2017 sales were at their highest level compared to
600
November of 2016 and 2015 . November YTD sales of 6,036 are
700
600
500
400
Number of Properties Sold
3 Mo Avg
running 6.7 % ahead of last year ' s year-to-date sales of 5,657 .
500
300
400
200
300
100
200
0
100
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
Prices
The Median Sales Price in November was $ 190,000 , up 12.4 %
Prices from $ 169,000 in November of 2016 and up 11.8 % from
The
$ 170,000 Median last Sales month Price . in The November Average was Sales $ 190,000 Price in , up November 12.4 % was
300 from
$ 230,984 $ 169,000 , up in 3.1 November % from $ 224,024 of 2016 and in November up 11.8 % from of 2016 and
280
$ down 170,000 5.5 last % from month $ 244,503 . The Average last month Sales . Price November in November 2017 ASP was was
$ 230,984 , up 3.1 % from $ 224,024 in November of 2016 and
260 at the highest level compared to November of 2016 and 2015 . down 5.5 % from $ 244,503 last month . November 2017 ASP was
240 at the highest level compared to November of 2016 and 2015 .
220
200
180
160
140
120
D
J
F M A M J
14
15
300
280
260
240
220
200
180
160
140
120
100
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
Median Sales Price and Average Sales Price
16
17
Median Sales Price and Average Sales Price
A S O N
3 Mo Avg
3 Mo Avg
100
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
The
November Total Inventory was 1,369 of Properties , down 0.4 available % from 1,375 for sale last as month of and
2,500
November down 11.8 was % from 1,3691,552 , down in 0.4 November % from 1,375 of last last year month . November and
2,500
2,000 down 201711.8 Inventory % from was 1,552 at in its November lowest level of last compared year . November with November
2,000
2017 of 2016 Inventory and 2015 was . at its lowest level compared with November
1,500 of 2016 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
6.0
5.0
4.0
3.0
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
2.0 higher MSI is better for buyers . The November 2017 MSI of 2.8
500 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November
MSI of 2.8 of 2016
500
1.0 months was at its lowest level compared with November of 2016 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
2.0
1.0
0.0
555 374 485 593 589 560
555 374 485 593 589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 475 505 447 436 446 586 449 468 664 598 693 653 556 554 408 501 492
1,966 1,927 1,906 1,836 1,757 1,710 1,642 1,625
628
1,966 1,927 1,906 1,836 1,757 1,710 1,642 601 537 510 535
Number of Properties Sold
403 551 384 503 572 652 604
1,625 1,602 1,590 1,605 1,630 1,587 1,587 1,631 1,586 1,544 1,461 1,518
633
1,602 1,590 1,605 1,630 1,587 1,587 1,631 1,586 1,544 1,461 1,518 1,206 1,319 1,424 1,497
475
1,206
1,319 505 447 436 446 586
1,552 1,524 1,605 1,593 1,524 1,472
449 468 664 598 693 653
1,407 1,418 1,430 1,428 1,419 1,375 1,369 556 554
1,424 1,497 1,552 1,524 1,605 1,593 1,524 1,472 1,407 1,418 1,430 1,428 1,419
3 Mo Avg
408 501
1,375 1,369
492
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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