FL ARCHIVED April 2018 | Page 66

Community Information | School District
Market Action Report April 2018

City : St Petersburg Price Range : All | Properties : SFH - Con

Market Time
80
The average Days On Market ( DOM ) shows how many days the
average Property is on the market before it sells . An upward
70
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
60
Seller ' s market . The DOM for April was 49 , down 5.8 % from 52
50
days last month and down 12.5 % from 56 days in April of last year . The April 2018 DOM was at its lowest level compared with
40
April of 2017 and 2016 .
30
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The April 2018 Selling Price per Square Foot of $ 189 was up 3.9 % from $ 181 last month and up 16.9 % from 161 in April of last year .

St . Petersburg Agent Name

Title Phone Website Other
20 10
Days On Market for Sold Properties
63
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
15
16
17
18
Selling Price per Square Foot
3 Mo Avg
200 190 180 170 160 150 140 130 120 110 100
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their 97 % original list price . The lower the ratio is below 100 % the more of
96 % a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The April 2018 Selling Price vs Original 95 % List Price of 94.7 % was up from 93.9 % last month and down from 94.8 % in April of last year .
94 %

Community Information | School District

93 % 92 % 91 %
142
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
15
16
17
18
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.3 %
56
161
3 Mo Avg
3 Mo Avg
49
189
94.8 % 94.7 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in April 2018 was 749 , down 8.4 % from 818 last month and up 0.7 % from 744 in April of last year .
90 %
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
15
16
17
18
Inventory / New Listings / Sales
2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200
0
1,736 1,667 1,646 1,627 1,614 1,625 1,651 1,611 1,610 1,650 1,603 1,557 1,472 1,525
1,212
1,325 1,431 1,508 1,566
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
15
16
17
18
1,541 1,628 1,632 1,568 1,523 1,456 1,474 1,482 1,490 1,479 1,452 1,503 1,398 1,448 1,457 1,456
1,362
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 Association of REAL 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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