FL ARCHIVED April 2017 | Page 33

Market Action Report April 2017
Community Information | School District
Market Action Report April 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
$ 249,900
2 %
19 %
Average List Price of all Current Listings
$ 438,892
2 %
22 %
April Median Sales Price
$ 183,325
-4%
2 %
22 %
11 %
$ 180,000
20 %
9 %
April Average Sales Price
$ 243,695
-6%
-4%
17 %
7 %
$ 254,175
21 %
11 %
Total Properties Currently for Sale ( Inventory )
1,354
-7%
-12%
April Number of Properties Sold
590 -11%
-10%
2,171
3 %
April Average Days on Market ( Solds )
56
10 %
2 %
-11%
0 %
55
-11%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 181
-1%
-1%
10 %
8 %
$ 182
13 %
9 %
April Sold Price per Square Foot
$ 162
-3%
-2%
14 %
9 %
$ 165
18 %
11 %
April Month ' s Supply of Inventory
2.3
4 %
-12% -3%
-21%
2.8
-10%
-3%
April Sale Price vs List Price Ratio
94.8 %
. 9 %
. 3 %
. 5 %
. 4 %
94.5 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
700
April Property sales were 590 , down 9.5 % from 652 in April of
2016 and 11.1 % lower than the 664 sales last month . April 2017
Property sales were Sales at a mid level compared to April of 2016 and 2015 .
700
600
Number of Properties Sold
3 Mo Avg
April
April Property YTD sales sales of were 2,171590 are , running down 9.52.8 % from % ahead 652 in of April last year of ' s
2016 year-to-date and 11.1 % sales lower of than 2,111 the .
664 sales last month . April 2017
600 sales were at a mid level compared to April of 2016 and 2015 .
500
400
April YTD sales of 2,171 are running 2.8 % ahead of last year ' s
500
year-to-date sales of 2,111 .
400
300
300
200
200
100
100
0
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 183,325 , up 22.2 % from
Prices
$ 150,000 in April of 2016 and down 3.5 % from $ 190,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 183,325 April was , up $ 22.2 243,695 % from , up
300
$
16.8 150,000 % from in April $ 208,575 of 2016 in and April down of 2016 3.5 % and from down $ 190,000 6.4 % from last month . The Average Sales Price in April $ 243,695 , up
280
$ 260,413 last month . April 2017 ASP was at the highest level
16.8 % from $ 208,575 in April of 2016 and down 6.4 % from
260 compared to April of 2016 and 2015 .
$ 260,413 last month . April 2017 ASP was at the highest level
240 compared to April of 2016 and 2015 .
220
200
180
160
M
J
14
300
280
260
240
220
200
180
160
140
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
Median Sales Price and Average Sales Price
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
140
120
120
100
100
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
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 1,354 Inventory , down 7.3 of % Properties from 1,460 available last month for sale and as down of April 12.2 % 2,500 was from 1,354 1,542 , down in April 7.3 % of from last 1,460 year . last April month 2017 and Inventory down 12.2 was % at its
2,500 from 1,542 in April of last year . 2017 Inventory was at its 2,000 lowest level compared with April of 2016 and 2015 . 2,000 lowest level compared with April of 2016 and 2015 .
1,500 1,500
1,000
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
April for 2017 sellers
MSI while of 2.3 a
500 higher MSI is better for buyers . The April 2017 MSI of 2.3 months was at its lowest level compared with April of 2016 and
500 months was at its lowest level compared with April of 2016 and 2015 .
0 2015 .
0

St . Petersburg

Agent Name
Title Phone Website Other

Community Information | School District

562
562 506 483 506 495 533 406 555 374 485 593 589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 475 505 447 436 446 586 449 468 664 590
J
14J
A S O N D
J
15
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
2,076 1,998 1,964 1,946 1,915 1,980 1,973 1,966 1,926 1,905 1,835 1,756 1,709
M J
14
506 483 506 495 533 406 555 374
2,076 1,998 1,964 1,946 1,915 1,980 1,973 1,966 1,926 485 593 589 560 628 601 537 510 535
1,641 1,623 1,600 1,588 1,603 1,628 1,585 1,585 1,629 1,584 1,542 1,455 1,509 1,191 1,303
1,455 1,406
1,509 1,478
1,529 1,498 1,568 1,549 1,460
F M A17
0.0 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 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 14
15
15 16
16 17
17
403 551 384 503 572
1,905 1,835 1,756 1,709 1,641 1,623 1,600 1,588 1,603 1,628 1,585 1,585 1,629 1,584 1,542 652 604 633 475
1,191
1,303 505 447 436 446
1,354 586 449
6.0 5.0 4.0
1,406 1,478 1,529 1,498 1,568 1,549
3.0 2.0 1.0
468 664
1,460 1,354
590
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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