FL ARCHIVED December 2017 | Page 31

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
$ 449,000
-2%
-14%
Average List Price of all Current Listings
$ 769,603
-3%
8 %
December Median Sales Price
$ 415,000
23 %
19 %
34 %
20 %
$ 350,000
2 %
2 %
December Average Sales Price
$ 545,749
57 %
31 %
20 %
27 %
$ 460,153
7 %
7 %
Total Properties Currently for Sale ( Inventory )
145
-1%
-1%
December Number of Properties Sold
37
23 %
19 %
404
9 %
December Average Days on Market ( Solds )
63
19 %
-5%
-34% -24%
73
-10%
-12%
Asking Price per Square Foot ( based on New Listings )
$ 396
0 %
2 %
8 %
15 %
$ 377
10 %
10 %
December Sold Price per Square Foot
$ 380
15 %
10 %
32 %
26 %
$ 342
13 %
13 %
December Month ' s Supply of Inventory
3.9 -19% -17% -17% -23%
4.8
-6%
-6%
December Sale Price vs List Price Ratio
93.3 % -1.9% -. 7 % 2.3 %
-. 4 %
93.3 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 37 , up 19.4 % from 31 in December of 2016 and 23.3 % higher than the 30 sales last Property month . December Sales 2017 sales were at their highest level 60
December compared Property to December sales were of 2016 37 , up and 19.4 2015 % from . December 31 in YTD sales December of 404 are of running 2016 and 9.5 23.3
% ahead % higher of than last year the
' 30 s year-to-date sales last sales 50 of month 369 .
. December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales
40 of 404 are running 9.5 % ahead of last year ' s year-to-date sales of 369 .
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 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
0 15 16
17 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
Prices Median Sales Price and Average Sales Price
15 16
17 3 Mo Avg
The Median Sales Price in December was $ 415,000 , up 33.9 % 700
Prices from $ 310,000 in December of 2016 and up 23.3 % from Median Sales Price and Average Sales Price
3 Mo Avg
The Median Sales Price in December was $ 415,000 , up 33.9 % 650 $ 336,500 last month . The Average Sales Price in December was
700 from $ 545,749 $ 310,000 , up 20.3 in December % from $ of 453,558 2016 and in December up 23.3 % from of 2016 and up
600
650 $ 56.6 336,500 % from last $ month 348,558 . The last Average month Sales . December Price in 2017 December ASP was at 550 $ 545,749 , up 20.3 % from $ 453,558 in December of 2016 and up
600 the highest level compared to December of 2016 and 2015 . 500 56.6 % from $ 348,558 last month . December 2017 ASP was at 550
450 the highest level compared to December of 2016 and 2015 . 500 400
450 350
400
300 350 300
250
250 200
200 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
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 37
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
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
December Total Inventory was 145 of , down Properties 0.7 % available from 146 for last sale month as of and down
December
0.7 % from was 146 145 in , down December 0.7 % of from last 146 year last . December month and 2017 down
200
0.7
Inventory % from 146 was in at December a mid level of last compared year . December with December 2017 of 2016
Inventory and 2015 was . at a mid level compared with December of 2016
150 and 2015 .
100
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively
MSI is better lower for MSI buyers is more
. The beneficial
December for sellers
2017 while MSI of a
3.950 higher months MSI was is better at its lowest for buyers level . The compared December with 2017
December MSI of 3.9 of 2016 months was at its lowest level compared with December of 2016 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
200
9.0
150
8.0
7.0
6.0
100
5.0
4.0
50
3.0
2.0
1.0
0
0.0
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 D
15
16
17
15
16
17
150 19
15
23 32 47 36 28 32 25 33 21 23 31 21
149
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
16
27 168 155
38 167 148
39
151 120
40
155 114
148
39 36 37
132
137 120
114 152
146 132
18 21 22 31 167
137 167
167 152
146 172 162
21
17
167 152
24 172 155
40 162
138 34 152
137 135
51
155 41 35 28
147 138 146 137 145 135
36 147
27 146
30
145 37
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 Assoc 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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